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4 Stocks Raising Dividends by More Than 10%
CTRECareTrust REIT(CTRE) MarketBeat·2025-03-25 11:15

Core Insights - Four companies, including JPMorgan Chase, Williams-Sonoma, Tencent Music Entertainment, and CareTrust REIT, have announced dividend increases of 10% or more, indicating financial strength and commitment to shareholder returns [1] Group 1: JPMorgan Chase - JPMorgan Chase announced a 12% increase in its quarterly dividend, raising it to 1.40pershare,payableonApril30toshareholdersofrecordasofApril4[2]−Thecompanyhasadividendyieldof2.261.40 per share, payable on April 30 to shareholders of record as of April 4 [2] - The company has a dividend yield of 2.26% and a 15-year track record of increasing dividends, with an annualized 3-year dividend growth rate of 8.10% [2][3] - If the dividend remains stable, the indicated yield will be 2.3%, which is significantly higher than the S&P 500's yield of 1.2% [4] Group 2: Williams-Sonoma - Williams-Sonoma is increasing its dividend by 16%, resulting in a payment of 0.66 per share, payable on May 24 to shareholders of record as of April 17 [6] - The company has a strong dividend growth history, with a 20-year track record and a 3-year annualized dividend growth rate of 20.51% [6][7] - The indicated yield is now 1.55%, which is below its average trailing 12-month yield of 1.9% [8] Group 3: Tencent Music Entertainment - Tencent Music Entertainment is raising its dividend by 31% to 0.18perAmericandepositoryshare(ADS)for2025,withpaymentexpectedonoraroundApril24[9][10]−Thecompanyalsoannounceda0.18 per American depository share (ADS) for 2025, with payment expected on or around April 24 [9][10] - The company also announced a 1 billion share buyback program, representing 4.5% of its market capitalization of just over 22billion[11]−Thecurrentdividendyieldisjustunder1.322 billion [11] - The current dividend yield is just under 1.3% based on the March 21 closing price [10] Group 4: CareTrust REIT - CareTrust REIT is increasing its quarterly dividend by over 15%, resulting in a payment of just under 0.34, payable on or about April 15 to shareholders of record as of March 31 [12] - The REIT has an indicated dividend yield of 4.62% and a 3-year annualized dividend growth rate of 3.42% [12][13] - The company's dividend payout ratio is 169.62%, which is high but typical for REITs, as the average payout ratio for healthcare REITs was 82% in Q3 2024 [14]