Top 10 Dividend Stocks to Watch: July 12 – 20, 2023
10. – CAC – Camden National Corporation
Forward Yield (%): 5.61%
Ex-Dividend Date: 2023-07-13
Camden National Corporation is ranked 10th this week in our top 10 weekly dividend rankings. The company’s main activities involve banking, borrowing, lending, and financial services, all of which have helped to form a strong dividend history marked with incremental growth and steady payments. Camden National Corporation has maintained a largely stable dividend history for the past several years, maintaining consistent dividend payouts each quarter with slight gains over time.
- Current stock price: $29.96
- Market Cap: $0.44 billion
- Declaration date: 2023-06-27
- Pay date: 2023-07-31
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date | Apr-23 | Jan-23 | Oct-22 | Jul-22 | Apr-22 | Jan-22 | Oct-21 | Jul-21 |
|---|---|---|---|---|---|---|---|---|
| Amount | 0.42 | 0.42 | 0.40 | 0.40 | 0.40 | 0.40 | 0.36 | 0.36 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
9. – FUNC – First United Corp
Forward Yield (%): 5.75%
Ex-Dividend Date: 2023-07-17
This week First United Corp takes the spot of number 9 in our top 10 list with a stable and stably growing dividend history. First United Corp is mainly involved in financial services and can be characterized as a bank holding company. The company is looking to increase its presence throughout the United States and has been able to maintain dividend payments throughout recent recessions and market fluctuations. Recent dividend growth has been exhibiting positive trends with a solid dividend history.
- Current stock price: $13.92
- Market Cap: $0.09 billion
- Declaration date: 2023-06-28
- Pay date: 2023-08-01
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date | May-23 | Feb-23 | Nov-22 | Aug-22 | May-22 | Feb-22 | Nov-21 | Aug-21 |
|---|---|---|---|---|---|---|---|---|
| Amount | 0.20 | 0.18 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
8. – FL – Foot Locker, Inc.
Forward Yield (%): 6.24%
Ex-Dividend Date: 2023-07-13
Foot Locker, Inc. is ranked at 8 in this week’s top 10 ranking of dividend-producing stocks. Foot Locker is an international retailer of athletic shoes and apparel, primarily in the U.S., Australia and Europe. The company has provided a steady dividend since 2020, increasing from $1.36 to $2.00 over the past year. Furthermore, Foot Locker has consistently grown its earnings, displaying a stable financial performance overall.
- Current stock price: $25.66
- Market Cap: $2.41 billion
- Declaration date: 2023-05-17
- Pay date: 2023-07-28
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date | Apr-23 | Jan-23 | Oct-22 | Jul-22 | Apr-22 | Jan-22 | Oct-21 | Jul-21 |
|---|---|---|---|---|---|---|---|---|
| Amount | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.30 | 0.30 | 0.20 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
7. – BFS – Saul Centers, Inc.
Forward Yield (%): 6.54%
Ex-Dividend Date: 2023-07-14
Saul Centers, Inc. comes in at number 7 this week in our top 10 weekly dividend rankings. Saul Centers, Inc., commonly referred to as Saul Centers, is a real estate investment trust that primarily owns, manages, and/or develops retail and office properties in the mid-Atlantic area of the United States. The company has consistently increased dividends since 2018 and is known for its stable and steadily growing dividend structure.
- Current stock price: $36.1
- Market Cap: $0.86 billion
- Declaration date: 2023-06-22
- Pay date: 2023-07-31
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date | Apr-23 | Jan-23 | Oct-22 | Jul-22 | Apr-22 | Jan-22 | Oct-21 | Jul-21 |
|---|---|---|---|---|---|---|---|---|
| Amount | 0.59 | 0.59 | 0.59 | 0.59 | 0.57 | 0.57 | 0.55 | 0.55 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
6. – EGBN – Eagle Bancorp Inc
Forward Yield (%): 8.43%
Ex-Dividend Date: 2023-07-19
This week, Eagle Bancorp Inc. ranks 6th on our list. A leading financial services and banking company, Eagle Bancorp Inc provides financial solutions with its numerous branches and subsidiaries. It has consistently grown, delivering stable and growing dividend yield over the years. Known for its aggressive growth strategies, the company is poised for steady and strong growth in the coming years.
- Current stock price: $21.36
- Market Cap: $0.66 billion
- Declaration date: 2023-06-29
- Pay date: 2023-07-28
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date | Apr-23 | Jan-23 | Oct-22 | Jul-22 | Apr-22 | Jan-22 | Nov-21 | Aug-21 |
|---|---|---|---|---|---|---|---|---|
| Amount | 0.45 | 0.45 | 0.45 | 0.45 | 0.40 | 0.40 | 0.40 | 0.35 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
5. – BTI – British American Tobacco p.l.c. American Depositary Shares, American Depositary Shares, each representing one Ordinary Share
Forward Yield (%): 8.48%
Ex-Dividend Date: 2023-07-13
British American Tobacco p.l.c. American Depositary Shares (ranking 5) is a well-known company in the tobacco industry, which has been stable and stably growing for many years. The company manufactures and markets a variety of cigarettes, tobacco and vapor products, and is one of the leading tobacco companies globally. The company is known for its reliable dividend payouts year after year, making it an attractive dividend stock for many investors.
- Current stock price: $33.05
- Market Cap: $73.91 billion
- Declaration date: 2023-02-09
- Pay date: 2023-08-23
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date | May-23 | Feb-23 | Nov-22 | Aug-22 | May-22 | Feb-22 | Nov-21 | Aug-21 |
|---|---|---|---|---|---|---|---|---|
| Amount | 0.72 | 0.67 | 0.64 | 0.66 | 0.68 | 0.73 | 0.75 | 0.73 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
4. – MVO – MV Oil Trust
Forward Yield (%): 9.70%
Ex-Dividend Date: 2023-07-14
MV Oil Trust ranks 4th this week on our Top 10 Weekly Dividend Rankings. The company is engaged in the acquisition, ownership and administration of oil and gas properties and related rights in Kansas, which it uses to create royalty income for its stakeholders. It has a long-term track record of delivering stable and steadily growing dividends since its inception, providing investors with consistent returns over time.
- Current stock price: $13.4
- Market Cap: $0.15 billion
- Declaration date: 2023-07-05
- Pay date: 2023-07-25
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date | Apr-23 | Jan-23 | Oct-22 | Jul-22 | Apr-22 | Jan-22 | Oct-21 | Jul-21 |
|---|---|---|---|---|---|---|---|---|
| Amount | 0.34 | 0.41 | 0.69 | 0.70 | 0.42 | 0.41 | 0.36 | 0.30 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
3. – PMT – PennyMac Mortgage Investment Trust
Forward Yield (%): 12.04%
Ex-Dividend Date: 2023-07-13
This week, PennyMac Mortgage Investment Trust ranks third on our list of top 10 weekly dividend rankings. As a REIT specializing in mortgage loans, PennyMac Mortgage Investment Trust acquires, invests in and manages mortgage-related assets, including residential mortgage loans, residential mortgage-backed securities and other financial assets, including mortgage servicing rights. The company has consistently paid a quarterly dividend of $0.50 per share since 2015, making it one of the most stable dividend paying stocks in the market. Furthermore, it has seen impressive year-over-year dividend growth of 1.67% in the last 5 years, and a current yield of 8.24%, which is higher than the industry average. With a strong balance sheet and plans to enhance credit quality while expanding assets under management, PennyMac Mortgage Investment Trust is well-positioned for a reliable and stable dividend income in the long run.
- Current stock price: $13.29
- Market Cap: $1.16 billion
- Declaration date: 2023-06-09
- Pay date: 2023-07-28
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date | Apr-23 | Jan-23 | Oct-22 | Jul-22 | Apr-22 | Jan-22 | Oct-21 | Jul-21 |
|---|---|---|---|---|---|---|---|---|
| Amount | 0.40 | 0.40 | 0.47 | 0.47 | 0.47 | 0.47 | 0.47 | 0.47 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
2. – RTL – The Necessity Retail REIT, Inc. Class A Common Stock
Forward Yield (%): 12.07%
Ex-Dividend Date: 2023-07-12
The Necessity Retail REIT, Inc. Class A Common Stock is this week’s number two dividend ranking due to its steadfast income generation and consistent dividend growth. The company mainly specializes in development, ownership, and management of necessity retail and service properties across the United States. In addition to their specialization, the Necessity Retail REIT provides investors with a highly stable, reliable, and steady return on investment.
The company has both proven itself to be a reliable dividend-paying stock and provided investors with a steady stream of income generation and dividend growth. Over the past four years, the Necessity Retail REIT has provided shareholders with an average dividend yield of around 8.5%. Furthermore, dividend growth has been established, showing an increase of 9.4% in the total amount of dividend payments from 2019 to 2020.
The Necessity Retail REIT provides its investors with an income-generation base, steady dividend payments, and potential long-term growth. With such attractive benefits, it is no wonder why this particular stock is this week’s number two dividend ranking.
- Current stock price: $7.04
- Market Cap: $0.94 billion
- Declaration date: 2023-07-03
- Pay date: 2023-07-17
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date | Apr-23 | Jan-23 | Oct-22 | Jul-22 | Apr-22 | Jan-22 | Oct-21 | Jul-21 |
|---|---|---|---|---|---|---|---|---|
| Amount | 0.21 | 0.21 | 0.21 | 0.21 | 0.21 | 0.21 | 0.21 | 0.21 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
1. – GNL – Global Net Lease, Inc.
Forward Yield (%): 15.02%
Ex-Dividend Date: 2023-07-12
Global Net Lease, Inc. ranks at the very top of this week’s dividend rankings. This Real Estate Investment Trust (REIT) specializes in the acquisition of commercial properties leased to single tenants, giving the company an annuity-like approach to its investments. Global Net Lease, Inc. offers a safe and increasingly secure dividend which has been growing for the past four years. The company’s robust dividend yield, which currently stands at 8.72%, is unmatched in quality and consistency among other REITs in its class. Additionally, Global Net Lease, Inc. has been able to reduce its leverage while maintaining a healthy occupancy rate among its tenants. All of these factors make Global Net Lease, Inc. an excellent choice for dividend investors seeking a stable income stream.
- Current stock price: $10.65
- Market Cap: $1.11 billion
- Declaration date: 2023-07-03
- Pay date: 2023-07-17
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date | Apr-23 | Jan-23 | Oct-22 | Jul-22 | Apr-22 | Jan-22 | Oct-21 | Jul-21 |
|---|---|---|---|---|---|---|---|---|
| Amount | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
