Dividend Increases – May 2024
Below is a list of companies in Canada and the United States that have increased their dividends in the month of May. 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.
Canadian Companies
| Company | Previous ($) | New ($) | Change (%) |
| Bank of Montreal | 1.51 | 1.55 | 2.65 |
| Royal Bank of Canada | 1.38 | 1.42 | 2.90 |
| National Bank of Canada | 1.06 | 1.10 | 3.77 |
US Companies
| Company | Previous ($) | New ($) | Change (%) |
| Apple | 0.24 | 0.25 | 4.20 |
| Lowe’s Companies | 1.10 | 1.15 | 4.50 |
The dollar value listed per share represents a quarterly dividend payment.
Information was obtained from the companies directly.
We previously shared a brief history of the Royal Bank of Canada. If you are interested in reading it, please take a look at our previous blog post:
"How will you replace your current income in retirement?"™ - Jim Seyers