EasyResearch Weekly Dividends Update

Last week, shares of Apple Inc. soared as the company increased its dividend and announced the biggest share buyback program in US history. 

This week, Ferrari NV, known for surpassing market expectations, is expected to announce its quarterly earnings; the sports car maker, which only pays dividends once a year, has a history of increasing its annual dividend payout.

• Uber Technology Inc will also release its quarterly earnings report; the ride-hailing giant exceeded market expectations by more than 300% in the previous quarter, according to Nasdaq.
• Toyota Motor Corp, Rivian Automotive Inc, and Blink Inc will announce their earnings this week, with a track record of beating market expectations.

Looking at those getting ready to pay shareholders cash dividends with upcoming last dates to trade, the week has a mix of increased dividends, special and multiple payouts, and share buybacks taking place. 

• Huya Inc, a leading game live-streaming platform operator in China, has declared a special dividend that’s 13% of the current share price as of writing, funded by the gaming giant's surplus cash.
• Exxaro Resources Limited, one of South Africa’s largest diversified miners and a coal supplier to Eskom will pay a special and ordinary dividend.
• Last week, HSBC Holdings PLC announced that it would distribute $8.8 billion to shareholders through an interim dividend, special dividend (proceeds from HSBC Canada sale), and plans to buy back up to $3 billion in shares.
• One of the UK’s largest insurers and financial providers, Admiral Group PLC, is preparing to pay a special and ordinary dividend.
• ConocoPhillips, one of the world's largest exploration & production (E&P) companies, will be paying an ordinary dividend and a variable return of cash (VROC), treated as an ordinary dividend.

When it comes to growing dividend payouts:

• Energy Transfer LP, one of North America's largest publicly traded partnerships engaged in midstream energy activities, has consistently increased its dividend payout every quarter since mid-2022.
• American Water Works Co Inc, the largest-traded American water utility company, increased its quarterly dividend by 8% and intends to continue growing payouts in a 7% - 9% range.
• W.W. Grainger Inc and Paychex Inc increased their quarterly dividend by 10%.
• Wolters Kluwer, a global provider of professional information, increased its dividend by 15% and engaged third parties to execute a share buyback of up to €647 million.
• Allianz SE, a German multinational financial services company, increased its dividend by 21%, averaging a 10% increase in the past ten years.

Mercedes-Benz Group AG is among the companies that increased its upcoming dividend payout, which is included in this list.

Here's this week's full update 

South Africa 

Exxaro Resources Limited will be paying R15.82 (R10.10 Ordinary and R5.72 Special) per share. 

• Last trading date – 07 May 2024
• Payment date – 13 May 2024

AfroCentric Investment Corporation Limited will be paying R0.11 per share. 

• Last trading date – 07 May 2024
• Payment date - 13 May 2024

PSG Financial Services Limited will be paying R0.28 per share. 

• Last trading date – 07 May 2024
• Payment date – 13 May 2024

HSBC Holdings PLC will be paying $0.31 ($0.10 ordinary & $0.21 special) per share.

• Last trading date - 08 May 2024
• Payment date - 21 June 2024

Admiral Group PLC will be paying £0.52 (£0.354 ordinary & 0.166 special) per share.

• Last trading date - 08 May 2024
• Payment date - 07 June 2024

Australia 

National Australia Bank Limited will be paying AU$0.84 per share.

• Last trading date - 06 May 2024
• Payment date - 03 July 2024

• Last trading date - 07 May 2024
• Payment date - 13 June 2024

• Last trading date - 10 May 2024
• Payment date - 02 July 2024

Europe

Mercedes-Benz Group AG will be paying Є5.30 per share.

• Last trading date - 08 May 2024
• Payment date - 14 May 2024

Allianz SE will be paying Є13.80 per share.

• Last trading date - 08 May 2024
• Payment date - 13 May 2024

Vonovia SE will be paying €0.90 per share.

• Last trading date - 08 May 2024
• Payment date - 13 May 2024

• Last trading date - 09 May 2024
• Payment date - 15 May 2024

Wolters Kluwer N.V. will be paying €1.36 per share.

• Last trading date - 09 May 2024
• Payment date - 04 June 2024

America  

EQT Corporation will be paying $0.15 per share.

• Last trading date - 06 May 2024
• Payment date - 01 June 2024

Ford Motor Company will be paying $0.15 per share.

• Last trading date - 06 May 2024
• Payment date - 03 June 2024

• Last trading date - 06 May 2024
• Payment date - 15 May 2024

Texas Instruments Inc will be paying $1.30 per share.

• Last trading date - 06 May 2024
• Payment date - 21 May 2024

Southern Copper Corp will be paying $0.01 per share.

• Last trading date - 06 May 2024
• Payment date - 23 May 2024

Cheniere Energy Inc will be paying $0.43 per share.

• Last trading date - 07 May 2024
• Payment date - 17 May 2024

Paychex Inc will be paying $0.98 per share.

• Last trading date - 07 May 2024
• Payment date - 30 May 2024

HUYA Inc will be paying $0.66 per share.

• Last trading date - 07 May 2024
• Payment date - 24 May 2024

Walmart Inc will be paying $0.20 per share.

• Last trading date - 07 May 2024
• Payment date - 28 May 2024

International Business Machines Corp will be paying $1.67 per share.

• Last trading date - 07 May 2024
• Payment date - 10 June 2024

Pfizer Inc will be paying $0.42 per share.

• Last trading date - 07 May 2024
• Payment date - 14 June 2024

Sirius XM Holdings Inc will be paying $0.02 per share.

• Last trading date - 07 May 2024
• Payment date - 29 May 2024

Wells Fargo & Co will be paying $0.35 per share.

• Last trading date - 07 May 2024
• Payment date - 01 June 2024

J.B.Hunt Transport Services Inc will be paying $0.43 per share.

• Last trading date - 07 May 2024
• Payment date - 24 May 2024

Sociedad Quimica Y Minera de Chile SA (SQM) will be paying $0.21 per share.

• Last trading date - 07 May 2024
• Payment date - 28 May 2024

CVR Energy Inc will be paying $0.50 per share.

• Last trading date - 09 May 2024
• Payment date - 20 May 2024

ConocoPhillips will be paying $0.78 ($0.58 ordinary & $0.20 variable return of capital) per share.

• Last trading date - 09 May 2024
• Payment date - 03 June 2024

Energy Transfer LP will be paying $0.31 per share.

• Last trading date - 09 May 2024
• Payment date - 20 May 2024

Rockwell Automation Inc will be paying $1.25 per share.

• Last trading date - 09 May 2024
• Payment date - 10 June 2024

United States Steel Corp will be paying $0.05 per share.

• Last trading date - 09 May 2024
• Payment date - 12 June 2024

• Last trading date - 09 May 2024
• Payment date - 14 June 2024

United Parcel Service Inc will be paying $1.63 per share.

• Last trading date - 09 May 2024
• Payment date - 30 May 2024

WW Grainger Inc will be paying $2.05 per share.

• Last trading date - 09 May 2024
• Payment date - 01 June 2024

Organon & Company will be paying $0.28 per share.

• Last trading date - 09 May 2024
• Payment date - 13 June 2024

American Water Works Co Inc will be paying $0.76 per share.

• Last trading date - 10 May 2024
• Payment date - 03 June 2024

Delta Air Lines Inc will be paying $0.10 per share.

• Last trading date - 10 May 2024
• Payment date - 04 June 2024

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