EasyResearch Weekly Dividends Update (2024)

Published on: May 20, 2024 12:00:00 PM

This week is a tech week 🤖🖥️💻 as Nvidia, one of the tech giants leading the AI revolution through its GPUs, is expected to announce its earnings. The company has consistently maintained the same dividend payment (annual dividend yield nearly 0.02% as of writing), and its shares have risen by over 190% in the past 12 months. A beat in market expectations for earnings and revenue could possibly rally the share price.

Amid the tech race to become a leader in AI (artificial intelligence) offerings, the Microsoft Build 2024 conference, themed "How will AI shape your future?", is expected to start during the week. The PC software giant (Microsoft) is expected to showcase new AI capabilities. Microsoft has historically increased its dividend after every four quarters (annual dividend yield 0.71%), and its shares are up 32% in the past 12 months.

In our weekly dividend update, several companies are announcing growing dividend payouts.

  • Microchip Technology Inc. (maker of microcontrollers, mixed-signal, analog, and Flash-IP solutions) has been increasing its quarterly dividend.
  • Applied Materials, Inc., an American company that provides equipment, services, and software for semiconductor manufacturing; Marriott International Inc., a leading multinational hospitality company; and Whitbread PLC, a British multinational hospitality firm and owner of the UK's biggest hotel brand, have increased their upcoming dividends by 20%, 21%, and 26%, respectively.
  • SBA Communications Corporation, a provider of wireless infrastructure services including cell tower leasing, and Yum Brands Inc., which owns and franchises fast-food restaurant chains like KFC, Pizza Hut, and Taco Bell, increase their dividends annually. Respectively, the 2024 cash payouts are 15% and 10% higher than last year's payments.
  • Imperial Brands PLC, a tobacco and cigarettes giant, announced an increase in its dividend, which will be split into two payments. The last day to buy shares that qualify for the first payment is within the week.

In other corporate actions, Accelerate Property Fund, a South African listed real estate investment, will proceed with a rights offer. It will use the funds raised to strengthen its financial position and reposition Fourways Mall.

This week's update also includes exchange-traded funds from the South African market preparing to pay dividends.

South Africa

Redefine Properties Limited will be paying R0.20 per share.

  • Last trading date – 21 May 2024
  • Payment date – 27 May 2024

FNB Global 1200 Equity FOF ETF will be paying R0.22 per share.

  • Last trading date - 21 May 2024
  • Payment date - 27 May 2024

FNB World Government Bond ETF will be paying R0.02 per share.

  • Last trading date - 21 May 2024
  • Payment date - 27 May 2024

Australia

Aristocrat Leisure Limited will be paying AU$0.36 per share.

  • Last trading date - 22 May 2024
  • Payment date - 02 July 2024

Orica Ltd will be paying AU$0.19 per share.

  • Last trading date - 22 May 2024
  • Payment date - 03 July 2024

United Kingdom

Bellway PLC will be paying £0.16 per share.

  • Last trading date - 22 May 2024
  • Payment date - 01 July 2024

Imperial Brands PLC will be paying £0.22 per share.

  • Last trading date - 22 May 2024
  • Payment date - 28 June 2024

CRH PLC will be paying $0.35 per share.

  • Last trading date - 22 May 2024
  • Payment date - 26 June 2024

Whitbread PLC will be paying £0.62 per share.

  • Last trading date - 22 May 2024
  • Payment date - 05 July 2024

DCC PLC will be paying £1.33 per share.

  • Last trading date - 22 May 2024
  • Payment date - 18 July 2024

Europe

Puma SE will be paying Є0.82 per share.

  • Last trading date - 22 May 2024
  • Payment date - 27 May 2024

America

HF Sinclair Corporation will be paying 0.50 per share.

  • Last trading date - 20 May 2024
  • Payment date - 05 June 2024

Microchip Technology Inc will be paying $0.45 per share.

  • Last trading date - 20 May 2024
  • Payment date - 05 June 2024

Equinix Inc will be paying $4.26 per share.

  • Last trading date -20 May 2024
  • Payment date - 19 June 2024

AerCap Holdings N.V. will be paying $0.25 per share.

  • Last trading date - 20 May 2024
  • Payment date - 13 June 2024

SBA Communications Corporation will be paying $0.98 per share.

  • Last trading date - 21 May 2024
  • Payment date - 19 June 2024

Warner Music Group Corp will be paying $0.17 per share.

  • Last trading date - 21 May 2024
  • Payment date - 03 June 2024

Applied Materials Inc will be paying $0.40 per share.

  • Last trading date - 21 May 2024
  • Payment date - 13 June 2024

PHINIA Inc will be paying $0.25 per share.

  • Last trading date - 22 May 2024
  • Payment date - 14 June 2024

3M Company will be paying $0.70 per share.

  • Last trading date - 22 May 2024
  • Payment date - 12 June 2024

Marriott International Inc will be paying $0.63 per share.

  • Last trading date - 22 May 2024
  • Payment date - 28 June 2024

Viatris Inc will be paying $0.12 per share.

  • Last trading date - 22 May 2024
  • Payment date - 14 June 2024

Yum Brands Inc will be paying $0.67 per share.

  • Last trading date - 23 May 2024
  • Payment date - 07 June 2024

Tractor Supply Co will be paying $1.10 per share.

  • Last trading date - 23 May 2024
  • Payment date - 11 June 2024

Paycom Software Inc will be paying $0.37 per share.

  • Last trading date - 23 May 2024
  • Payment date - 10 June 2024

Northrop Grumman Corp will be paying $2.06 per share.

  • Last trading date - 23 May 2024
  • Payment date - 12 June 2024

EasyResearch Weekly Dividends Update (1)

In the intricate world of finance, money is the lifeblood that fuels economies, shapes markets, and drives innovation. Yet, how much do we truly understand the journey of money from its inception to its role in our daily lives?

The year 2024 is poised to become a landmark moment in history, with over 2 billion people worldwide preparing to cast their votes in elections spanning countries like the US, India, the European Union, Mexico, and South Africa, as highlighted by the World Economic Forum.

As countries return to work to ensure food security while working on the energy transition: there are potential opportunities in the electric vehicle (EV), energy supply, and fertilizer sectors.

Sources – EasyResearch.

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@caylow_SA

EasyResearch Weekly Dividends Update (5)

Any opinions, news, research, reports, analyses, prices, or other information contained within this research is provided by an employee of EasyEquities an authorised FSP (FSP no 22588) as general market commentary and does not constitute investment advice for the purposes of the Financial Advisory and Intermediary Services Act, 2002. First World Trader (Pty) Ltd t/a EasyEquities (“EasyEquities”) does not warrant the correctness, accuracy, timeliness, reliability or completeness of any information (i) contained within this research and (ii) received from third party data providers. You must rely solely upon your own judgment in all aspects of your investment and/or trading decisions and all investments and/or trades are made at your own risk. EasyEquities (including any of their employees) will not accept any liability for any direct or indirect loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on the market commentary. The content contained within is subject to change at any time without notice.

EasyResearch Weekly Dividends Update (2024)
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