Latest News

3 Companies That Declared Dividend Increases This Week

Text size

Winnebago Industries said that it plans to boost its quarterly dividend by 50%.

Courtesy of Winnebago

It was a very light week for dividend announcements, which tend to slow down in August before picking up in the fourth quarter.

Still, a few companies did declare increases, including

Cboe Global Markets

(ticker: CBOE) and


(TPR), whose brands include Coach and Kate Spade New York.

Cboe Global Markets declared a quarterly dividend of 50 cents a share, up 2 cents from 48 cents. That is an increase of about 4%. The stock, which has returned about minus 2% this year, yields 1.6%.

Tapestry declared a quarterly dividend of 30 cents a share, an increase of 20% from 25 cents. The stock, which has returned around minus 6% this year, yields 3.2%.

Another company that announced a dividend increase was

Winnebago Industries

(WGO), which is known for its motor homes, among other outdoor products.

Winnebago Industries, whose market capitalization is about $2.2 billion, said that it plans to boost its quarterly dividend by 50% to 27 cents a share from 18. The stock, which yields 1.6%, has returned about minus 8% this year through Thursday, dividends included, compared with minus 9% for the S&P 500.

In other news, General Motors (GM) reinstated its quarterly dividend.

The auto maker suspended it early in the pandemic in 2020. But the company said this week it plans to pay a quarterly disbursement of 9 cents a share. Before the pandemic, GM had been paying a quarterly dividend of 38 cents a share.

Ford Motor

(F), which also suspended its quarterly dividend in 2020, reinstated it last fall at 10 cents a share and has subsequently boosted it to 15 cents—the same level it was at prior to the suspension.

Write to Lawrence C. Strauss at

The Three ‘Kings’ of High Dividend Yield

Previous article

Here are 5 reasons why the bull run in stocks may be about to morph back into a bear market

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News