3 October 2024 I Bethesda, MD The board of directors of Lockheed Martin (NYSE: LMT) has declared a regular quarterly dividend of $3.30 per common share, an increase of approximately 4.7% from the previous quarterly dividend of $3.15. For calendar year 2024, this marks the twenty-eighth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty-eight changes were increases. The average dividend increase is 8.34% compared with December 31, 2023 indicated levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12 months, increased, decreased, or had no change in dividend. From…
26 September 2024 I New York, NY The board of directors of Accenture (NYSE: ACN) has declared a regular quarterly dividend of $1.48 per common share, an increase of approximately 15% from the previous quarterly dividend of $1.29. For calendar year 2024, this marks the twenty-seventh dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty-seven changes were increases. The average dividend increase is 8.48% compared with December 31, 2023 indicated levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12 months, increased, decreased, or had no change in dividend. From…
19 September 2024 I Dallas, TX The board of directors of Texas Instruments (NASDAQ: TXN) has declared a regular quarterly dividend of $1.36 per common share, an increase of approximately 4.6% from the previous quarterly dividend of $1.30. For calendar year 2024, this marks the twenty-sixth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty-six changes were increases. The average dividend increase is 8.24% compared with December 31, 2023 indicated levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12 months, increased, decreased, or had no change in dividend. From…
We agree with the Federal Reserve’s (Fed) decision to cut rates by 50 basis points. As we will explain, our own analysis of data throughout the past few months confirms the necessity of the Fed’s September rate cut but also highlights a potential underestimation of the economy’s weakening momentum since spring. In reviewing the Federal Reserve’s monetary policy actions throughout 2024, it’s essential to juxtapose their observations with our own insights derived from the WCA Barometer. The Barometer, a diffusion index measuring various economic inputs, provides a nuanced perspective on the evolving economic conditions. We use the WCA Barometer to…
17 September 2024 I Redmond, WA The board of directors of Microsoft Corp (NASDAQ: NYSE) has declared a regular quarterly dividend of $0.83 per common share, an increase of approximately 10% from the previous quarterly dividend of $0.75. For calendar year 2024, this marks the twenty-fifth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty-five changes were increases. The average dividend increase is 8.39% compared with December 31, 2023 indicated levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12 months, increased, decreased, or had no change in dividend. From…
6 August 2024 I New York, NY The board of directors of Broadridge Financial Solutions, Inc. (NYSE: BR) has declared a regular quarterly dividend of $0.88 per common share, an increase of approximately 10% from the previous quarterly dividend of $0.80. For calendar year 2024, this marks the twenty-fourth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty-four changes were increases. The average dividend increase is 8.33% compared with December 31, 2023 indicated levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12 months, increased, decreased, or had no change…
Please see the attached PDF for a new Rising Dividend Portfolio Dividend Behavior piece. This document highlights Dividend Per Share Growth, Annualized Dividends, and Payout Ratios, among other portfolio statistics. It is also available on our website: https://washingtoncrossingadvisors.com/wp-content/uploads/2024/08/WCA-Rising-Dividend-Portfolio-Dividend-Growth-Rates-2024.pdf
2 August 2024 I Glenview, IL The board of directors of Illinois Tool Works Inc. (NYSE: ITW) has declared a regular quarterly dividend of $1.50 per common share, an increase of approximately 7.1% from the previous quarterly dividend of $1.40. For calendar year 2024, this marks the twenty-third dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty-three changes were increases. The average dividend increase is 8.26% compared with December 31, 2023 indicated levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12 months, increased, decreased, or had no change in…
30 July 2024 I Oakland, CA The board of directors of the Clorox Company (NYSE: CLX) has declared a regular quarterly dividend of $1.22 per common share, an increase of approximately 1.7% from the previous quarterly dividend of $1.20. For calendar year 2024, this marks the twenty-second dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty-two changes were increases. The average dividend increase is 8.32% compared with December 31, 2023 indicated levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12 months, increased, decreased, or had no change in dividend….
24 July 2024 I Wallingford, CT The board of directors of Amphenol Corporation (NYSE: APH) has declared a regular quarterly dividend of $0.165 per common share, an increase of approximately 50% from the previous quarterly dividend of $0.11. For calendar year 2024, this marks the twenty-first dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty-one changes were increases. The average dividend increase is 8.64% compared with December 31, 2023 indicated levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12 months, increased, decreased, or had no change in dividend. From…
17 July 2024 I Omaha, NE The board of directors of Union Pacific Corporation (NYSE: UNP) has declared a regular quarterly dividend of $1.34 per common share, an increase of approximately 3% from the previous quarterly dividend of $1.30. For calendar year 2024, this marks the twentieth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty changes were increases. The average dividend increase is 6.58% compared with December 31, 2023 indicated levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12 months, increased, decreased, or had no change in dividend….
9 July 2024 I Columbus, Indiana The board of directors of Cummins Inc (NYSE: CMI) has declared a regular quarterly dividend of $1.82 per common share, an increase of approximately 8.3% from the previous quarterly dividend of $1.68. For calendar year 2024, this marks the nineteenth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All nineteen changes were increases. The average dividend increase is 6.77% compared with December 31, 2023 indicated levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12 months, increased, decreased, or had no change in dividend. From…