Adam Gault
This week's dividend activity included increased payouts from Phillips 66 (PSX) and Bank OZK (OZK) as well as declarations from companies like PNC Financial (NYSE:PNC) and Citigroup (NYSE:C).
Additionally, looking towards next week, industry players such as Mastercard (NYSE:MA) and AT&T (NYSE:T) will see the ex-dividend dates for their upcoming dividend payments.
See a breakdown below of some of the highlights of this week, along with some upcoming activity on the dividend front.
Dividend Increases
Here are some companies that have announced a dividend increase in the past week:
Watsco (WSO)
- Dividend declared: April 1
- New dividend amount: $2.7
- Previous amount: $2.45
- Increase: 10.2%
Bank OZK (OZK)
- Dividend declared: April 1
- New dividend amount: $0.39
- Previous amount: $0.38
- Increase: 2.6%
Phillips 66 (PSX)
- Dividend declared: April 3
- New dividend amount: $1.15
- Previous amount: $1.05
- Increase: 9.5%
Dividend Declarations
Here are some companies that have announced a dividend in the past week:
Alamo (ALG)
- Dividend declared: April 1
- Dividend amount: $0.26
Automatic Data Processing (ADP)
- Dividend declared: April 3
- Dividend amount: $1.40
PNC Financial (PNC)
- Dividend declared: April 3
- Dividend amount: $1.55
Citigroup (C)
- Dividend declared: April 3
- Dividend amount: $0.53
Upcoming Dividend Calendar
Here are some companies that have an ex-dividend date coming next week:
Mastercard (MA)
- Ex-dividend date: April 8
- Payout date: May 9
AT&T (T)
- Ex-dividend date: April 9
- Payout date: May 1
Gap (GPS)
- Ex-dividend date: April 9
- Payout date: May 1
AbbVie (ABBV)
- Ex-dividend date: April 12
- Payout date: May 15