Retail REIT Tanger Factory Outlet Centers announced its annual dividend this week.
The company operates outlet centers with a variety of retailers around the country.
Photo: Flickr.com/Ryan McKnight

April started off with three announcements of payout increases from the stable of dividend growth stocks that I track.  Among them, Bank of the Ozarks increased its dividend again this quarter.  Although it was only a 2.9% increase, the regional bank holding company increases dividends four times a year which has given it a 10-year growth average of more than 20%.  These three are among the 16 announcements I expect this month.

Dividend Increases Announced This Week

H. B. Fuller (FUL)

Industry: Specialty Chemicals

Dividend Payment: 15 cents per share – up 7.1% from prior level of 14 cents

Dividend Paid On: 5/4

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 4/18

Number of Years of Dividend Increases: 48

Current Forward Yield: 1.18%

 

Bank of the Ozarks (OZRK)

Industry: Regional Banking

Dividend Payment: 17.5 cents per share – up 2.9% from prior level of 17 cents

Dividend Paid On: 4/21

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 4/12

Number of Years of Dividend Increases: 19

Current Forward Yield: 1.41 %

**OZRK increases its dividends quarterly; year-over-year dividend increases are much larger than noted above

 

Tanger Factory Outlet Centers (SKT)

Industry: REIT – Retail

Dividend Payment: 34.25 cents per share – up 5.4% from prior level of 32.5 cents

Dividend Paid On: 5/15

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 4/26

Number of Years of Dividend Increases: 23

Current Forward Yield: 4.22%