Below is a list of companies in Canada and the United States that have increased their dividends in the month of August.
The companies we list are not the complete list of companies that have increased their dividends in Canada and the United States or the rest of the world however, they are companies we follow or own.
US Companies
| Company | Previous ($) | New ($) | Change (%) |
| Embecta | - | 0.15 | 100 |
The dollar value listed per share represents a quarterly dividend payment.
Information was obtained from the companies directly.
Embecta
In August, Embecta announced their inaugural dividend of $0.15. It will be paid to shareholders on Wednesday, September 14th who owned Embecta shares as of August 26th.
Embecta was formerly a part of Becton & Dickinson (BD) and spun off on its own and officially started trading on the NASDAQ on April 1st, 2022. The company holds Becton & Dickinson’s former Diabetes Care business. Becton & Dickinson shareholders received one share of Embecta common stock for every five shares of BD.
Embecta focuses solely on diabetes management. It is driven by almost 100 years of innovation in the diabetes industry and they strive to improve the lives of people living with diabetes. Embecta is one of the leading companies in insulin delivery through their advanced needles and syringes.
If you would like to read about the history of Becton & Dickinson, please take a look at our previous blog post.
"How will you replace your current income in retirement?"™ - Jim Seyers