In week 4 of 2025 we counted 26 dividend increases announced by US listed companies. This includes 8 double digit increases with three stocks raising the dividend for more than 25 consecutive years, including Dividend Aristocrat Air Products (APD). Air Products actually did the smallest hike of all 26 companies this week. Here’s a closer look at some of the largest hikes and what they might signal.
Leading the Pack: US Century Bank
US Century Bank made headlines this week by doubling its dividend payout, an eye-catching 100% increase. This move sets it apart as the biggest hike of the week and could be indicative of strong performance or a strategic shift in its shareholder return policy.
Solid Growth from Amalgamated Bank
Amalgamated Bank also delivered a substantial dividend increase, raising its payout by 16.7%. Known for its steady financial management, this latest hike underscores its commitment to rewarding shareholders while maintaining a robust balance sheet.
Tied at Third: Acuity Brands and Hexcel Corp
Two companies shared the spotlight with identical 13.3% increases in their dividends. Acuity Brands, a leader in lighting and building management systems, demonstrated its continued success in a competitive industry. Meanwhile, Hexcel Corp, a key player in advanced composites, reflected the ongoing strength of the aerospace and industrial markets.
Notable Moves in Banking
Regional banks dominated the mid-tier hikes, with Byline Bancorp and Wintrust Financial Corp each announcing an 11.1% increase. Despite differing performances in their stock prices year-to-date, both institutions showcased their ability to deliver consistent returns to shareholders. Republic Bancorp followed closely with a 10.8% hike, signaling resilience in a challenging banking environment.
Cadence Bank Stands Out
Rounding out the top increases, Cadence Bank boosted its dividend by 10%. With a yield that remains attractive to income-focused investors, the bank continues to position itself as a reliable choice for dividend seekers.
Healthcare and Industrials Keep Up the Momentum
HCA Healthcare and East West Bancorp, among others, also reported solid hikes of 9.1%. These increases reflect confidence in their respective sectors, with HCA benefiting from stable demand in healthcare services and East West Bancorp capitalizing on its position as a leading financial institution.
A Mixed Bag of Smaller Increases
While the week’s largest hikes captured the headlines, several other companies made smaller but still noteworthy adjustments. These include players from diverse industries like energy, transportation, and utilities, each adjusting their payouts to reflect growth and changing market conditions.
#26: Air Products (APD) Just Misses the List
Despite being a proud Dividend Aristocrat, industrial gases producer Air Products (APD) fell short of the table this week with a modest 1.1% dividend increase, the same as in 2024.
However, this marks the company's impressive 43rd consecutive year of dividend increases by APD, underscoring its long-term commitment to rewarding shareholders, albeit with a smaller growth rate compared to peers.
Track Records
When we look at the strongest track records we see 3 ‘Aristocrats’ with APD being joined by EBTC (30 years increased) and RBCAA (26 years).
Disclaimer: The information provided here is for informational purposes only and should not be considered financial advice. Investors should conduct their own research or consult with a financial advisor before making any investment decisions.