Dividend Announcements
May 3 | Purchase, NY The board of directors of PepsiCo, Inc. (NASDAQ: PEP) has declared a regular quarterly dividend of $1.15 per common share, an increase of approximately 7% from the previous quarterly dividend of $1.075. Year to date, this marks the fourteenth dividend change for the Washington Crossing Advisors Rising Dividend portfolio. All fourteen changes were increases. The average dividend increase was 7.28% compared with December 31, 2021 indicated levels. From the press release: “The Board of Directors of PepsiCo, Inc. (NASDAQ: PEP) today declared a quarterly dividend of $1.15 per share of PepsiCo common stock, a 7 percent increase versus the comparable year-earlier period. Today’s…
April 25 | Waltham, MA The board of directors of Raytheon Technologies Corporation (NYSE: RTX) has declared a regular quarterly dividend of $0.55 per common share, an increase of approximately 7.8% from the previous quarterly dividend of $0.51. Year to date, this marks the thirteenth dividend change for the Washington Crossing Advisors Rising Dividend portfolio. All thirteen changes were increases. The average dividend increase was 7.3% compared with December 31, 2021 indicated levels. From the press release: “Raytheon Technologies Corporation (NYSE: RTX) announced today that its Board of Directors declared a dividend of 55 cents per outstanding share of RTX common stock, which represents an increase of…
April 19, 2022 | New Brunswick, NJ The Board of Directors of Johnson & Johnson has declared a regular quarterly dividend of $1.13 per common share, an increase of approximately 6.6% over the previous quarterly dividend. Year to date, this marks the twelfth dividend change for the Washington Crossing Advisors Rising Dividend portfolio. All twelve changes were increases. The average dividend increase was 7.26% compared with December 31, 2021 indicated levels. From the press release: “Johnson & Johnson today announced that its Board of Directors has declared a 6.6% increase in the quarterly dividend, from $1.06 per share to $1.13…
April 12, 2022 | Cincinnati, OH The Board of Directors of Procter and Gamble has declared a regular quarterly dividend of $0.9133 per common share, an increase of approximately 5% over the previous quarterly dividend. Year to date, this marks the eleventh dividend change for the Washington Crossing Advisors Rising Dividend portfolio. All eleven changes were increases. The average dividend increase was 7.32% compared with December 31, 2021 indicated levels. From the press release: “The Board of Directors of The Procter & Gamble Company (NYSE:PG) declared an increased quarterly dividend of $0.9133 per share on the Common Stock and on…
March 2, 2022 | Reston, VA The Board of Directors of General Dynamics has declared a regular quarterly dividend of $1.26 per common share, an increase of approximately 5.9% over the previous quarterly dividend. Year to date, this marks the tenth dividend change for the Washington Crossing Advisors Rising Dividend portfolio. All ten changes were increases. The average dividend increase was 7.56% compared with December 31, 2021 indicated levels. From the press release: “The board of directors of General Dynamics (NYSE: GD) today declared a regular quarterly dividend of $1.26 per share on the company’s common stock, payable May 6,…
February 28, 2022 | Guildford, UK The Board of Directors of Linde plc has declared a regular quarterly dividend of $1.17 per common share, an increase of approximately 10% over the previous quarterly dividend. Year to date, this marks the ninth dividend change for the Washington Crossing Advisors Rising Dividend portfolio. All nine changes were increases. The average dividend increase was 7.74% compared with December 31, 2021 indicated levels. From the press release: “The Board of Directors also approved a new share repurchase program for up to $10 billion of Linde’s ordinary shares. This new program replaces the $5 billion…
February 22 | Atlanta, GA The board of directors of Home Depot, Inc. (NYSE: HD) has declared a regular quarterly dividend of $1.90 per common share, an increase of approximately 15% from the previous quarterly dividend of $1.65. Year to date, this marks the eighth dividend change for the Washington Crossing Advisors Rising Dividend portfolio. All eight changes were increases. The average increase was 7.46% compared with December 31, 2021 indicated levels. From the press release: “The Company today announced that its board of directors approved a 15 percent increase in its quarterly dividend to $1.90 per share, which equates to an annual dividend of $7.60 per share….
February 18, 2022 | Atlanta, GA The Board of Directors of Genuine Parts Company has declared a regular quarterly dividend of $0.895 per common share, an increase of nearly 10% over the previous quarterly dividend. Year to date, this marks the seventh dividend change for the Washington Crossing Advisors Rising Dividend portfolio. All seven changes were increases. The average dividend increase was 6.38% compared with December 31, 2021 indicated levels. From the press release: “Genuine Parts Company (NYSE: GPC) announced today a 10% increase in the regular quarterly cash dividend for 2022. The Board of Directors of the Company, at its February…
February 17, 2022 | Atlanta, GA The Board of Directors of The Coca-Cola Company has declared a regular quarterly dividend of $0.44 per common share, an increase of approximately 5% over the previous quarterly dividend. Year to date, this marks the sixth dividend change for the Washington Crossing Advisors Rising Dividend portfolio. All six changes were increases. The average dividend increase was 5.78% compared with December 31, 2021 indicated levels. From the press release: “The Board of Directors of The Coca-Cola Company today approved the company’s 60th consecutive annual dividend increase, raising the quarterly dividend approximately 5 percent from 42…
February 17, 2022 | Bentonville, AR The Board of Directors of Walmart Inc. has declared a regular quarterly dividend of $0.56 per common share, an increase of 2% over the previous quarterly dividend. Year to date, this marks the fifth dividend change for the Washington Crossing Advisors Rising Dividend portfolio. All five changes were increases. The average dividend increase was 5.94% compared with December 31, 2021. From the press release: “The board of directors of Walmart Inc. (NYSE: WMT) approved an annual cash dividend for fiscal year 2023 of $2.24 per share, an increase of approximately 2 percent from the…
February 8, 2022 | St. Paul, MN The Board of Directors of 3M has declared a regular quarterly dividend of $1.49 per common share, an increase of 0.7% over the previous quarterly dividend. Year to date, this marks the fourth dividend change for the Washington Crossing Advisors Rising Dividend portfolio. All four changes were increases. The average dividend increase was 6.92% compared with December 31, 2021 indicated levels. From the press release: “The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company’s common stock of $1.49 per share for the first quarter of 2022. The dividend is payable March 12, 2022, to…
January 28, 2022 | Ewing, NJ The Board of Directors of Church and Dwight Co., Inc. has declared a regular quarterly dividend of $0.2625 per common share, an increase of 4% over the previous quarterly dividend. Year to date, this marks the third dividend change for the Washington Crossing Advisors Rising Dividend portfolio. All three changes were increases. The average dividend increase was 9% compared with December 31, 2021 indicated levels. From the press release: “The Company’s Board of Directors declared a 4% increase in the quarterly dividend from $0.2525 to $0.2625 per share, equivalent to an annual dividend of $1.05 per share. This raises the…