Last week in dividend hikes: Hormel, HP

Here are last week's dividend hikes and special dividends, all first covered on InvestingPro+ - including several hikes predicted by data from Investing.com and StreetInsider last weekend. Get a jump on this week's likely dividend hikes.

1. Hormel Foods (NYSE: HRL) hiked its quarterly dividend by 5.8% to $0.275 per share, or $1.10 annualized, with an annual yield of 2.2%. The dividend will be payable on February 15, 2023, to stockholders of record on January 17, 2023, with an ex-dividend date of January 13, 2023. (Predicted last week)

2. Farmers National Banc Corp (NASDAQ: FMNB) hiked its quarterly dividend by 6.3% to $0.17 per share, or $0.68 annualized, with an annual yield of 4.5%. The dividend will be payable on December 30, 2022, to stockholders of record on December 9, 2022, with an ex-dividend date of December 8, 2022. (Predicted last week)

3. HP (NYSE: HPQ) hiked its quarterly dividend by 5% to $0.2625 per share, or $1.05 annualized, with an annual yield of 3.6%. The dividend will be payable on January 4, 2023, to stockholders of record on December 14, 2022, with an ex-dividend date of December 13, 2022.

4. Northeast Indiana Bancorp Inc (OTC: NIDB) declared a special dividend of $1.25 per share, with an annual yield of 3%. The dividend will be payable on December 22, 2022, to stockholders of record on December 8, 2022, with an ex-dividend date of December 7, 2022.

5. PC Connection (NASDAQ: CNXN) declared a special dividend of $0.34 per share.

You May Also Be Interested In

• KB Home (KBH) Announces $1B Share Buyback, Raises Dividend
• Ameriserv Financial (ASRV) Declares $0.03 Quarterly Dividend; 4.5% Yield
• Sierra Bancorp (BSRR) Declares $0.23 Quarterly Dividend; 5.1% Yield