๐บ๐ธ 29 Dividend Hikes in a Busy Week โ May 6 to May 14, 2025
๐ Big names, record hikes, and four Dividend Heroes: all the latest dividend actions at a glance.
In a busy week, we recorded 29 dividend hikes from May 6 to May 14. The biggest names announcing a dividend increase were Marriott International MAR 0.00%โ , KLA Corp KLAC 0.00%โ , and PepsiCo PEP 0.00%โ . The first two are part of our dividend portfolio. PepsiCo was recently removed from the portfolio in anticipation of a lower dividend โ which has now been confirmed.
A notable highlight: four Dividend Heroes raised their dividends for 2025. In addition to KLA Corp and PepsiCo, the list includes Tetra Tech TTEC 0.00%โ and Chesapeake Utilities CPK 0.00%โ .
The largest dividend increase came from Pitney Bowes, with a +40% hike. PBI 0.00%โ already did a dividend hike in Q1 from 5 cents to 6 cents and now hikes again to 7 cents. This brings the 2025 dividend hike to 40%.
A lesser-known gem: ESAB ESAB 0.00%โ , a peer of Lincoln Electric LECO 0.00%โ in the welding sector, boosted its dividend by 25%. ESAB has only been paying dividends for a few years but has raised its payout by at least 20% annually since inception.
Tetra Tech TTEC 0.00%โ , a Dividend Hero and previously a Focus Stock on dividendhike.com, delivered another solid double-digit increase: +12.1%, reaching a new record of $0.045 per quarter. TTEC has now increased its dividend 11 years in a row.
There was also a special dividend: Main Street Capital MAIN 0.00%โ , which pays a monthly dividend, announced an additional $0.30 payout โ the same as in Q1. In addition, its regular dividend will rise by 2%.
On the downside, three dividend cuts were announced:
Pangaea Logistics halves its dividend.
Chemours slashes by 65%.
Krispy Kreme suspends its dividend entirely.
๐ Behind the paywall for our subscribers: a full breakdown of all stocks that raised their dividend this week, including dividend track records, yields, YTD performance, weekly return, and detailed dividend growth stats.
Below, we present the top 25 dividend hikes of the week, including year-to-date returns, one-week performance, current yield, and dividend growth track record (years of consecutive increases).
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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.
Hi, how are you?
On seeking alpha, the dividend increase for PIB is 16.7% on May 7th, I can't find information about the 40% increase you mentioned.
keep up the good work