Dividend hikes for Feb 26, 2024

3 increases announced

Today three US listed companies announced a dividend hike. Let's dive into the details:

1. Domino's Pizza (DPS)

• New Quarterly Dividend: $1.51

• Dividend Hike: 24.8%

• Current Yield: 1.1%

• Consistency: This marks the 11th consecutive year of increased dividends.

• Annual Dividend Hikes:

  • 2024: 24.8%

  • 2023: 10.0%

  • 2022: 17.0%

  • 2021: 20.5%

2. Steel Dynamics (STLD)

• New Quarterly Dividend: $0.46

• Dividend Hike: 8.2%

• Current Yield: 1.3%

• Annual Dividend Hikes:

  • 2024: 8.2%

  • 2023: 25.0%

  • 2022: 30.8%

  • 2021: 4.0%

3. Fresh Del Monte Produce (FDP)

• New Quarterly Dividend: $0.25

• Dividend Hike: 25.2%

• Current Yield: 3.1%

• Annual Dividend Hikes:

  • 2024: 25.2%

  • 2023: 33.3%

  • 2022: 0.0%

  • 2021: 50.0%

These dividend increases underscore the financial strength and commitment to shareholders exhibited by these companies. Domino's Pizza, Steel Dynamics, and Fresh Del Monte Produce have consistently demonstrated their dedication to enhancing shareholder value through regular dividend hikes.

For income investors, such news is music to the ears as it not only signifies a healthy return on investment but also reflects positively on the long-term prospects of these companies.

Stay tuned for more updates, and happy investing or check www.twitter.com/dividendhike