This Week's Likely Dividend Hikes

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Investing.com – Companies will often establish a pattern of hiking their dividends at the same time each year, giving their investors a reliable cash influx and enticing them to stay in the shares for the long term. With the help from StreetInsider data, we’ve put together a list of companies that look poised to raise their payouts in the next week, based on what they did this time last year. For up-to-the-minute dividend announcements, check out InvestingPro+.

Patrick Industries (NASDAQ:PATK): Raised by 17.9% last year and currently has an annualized payout of $1.32, a yield of 2.9%, and a 8.75% payout ratio

Autoliv (NYSE:ALV): Raised by 3.2% last year and currently has an annualized payout of $2.56, a yield of 3.%, and a 58.38% payout ratio

DR Horton Inc (NYSE:DHI): Raised by 12.5% last year and currently has an annualized payout of $0.90, a yield of 1.2%, and a 5.6% payout ratio

GCM Grosvenor Inc (NASDAQ:GCMG): Raised by 11.1% last year and currently has an annualized payout of $0.40, a yield of 5%, and a 56.7% payout ratio

Assurant (NYSE:AIZ): Raised by 3% last year and currently has an annualized payout of $2.72, a yield of 2.2%, and a 44.7% payout ratio

Travel + Leisure Co (NYSE:TNL): Raised by 16.7% last year and currently has an annualized payout of $1.60, a yield of 4.4%, and a 35.7% payout ratio

Lancaster Colony (NASDAQ:LANC) Corp.: Raised by 6.7% last year and currently has an annualized payout of $3.20, a yield of 1.6%, and a 91.3% payout ratio

Automatic Data Processing Inc (NASDAQ:ADP): Raised by 11.8% last year and currently has an annualized payout of $4.16, a yield of 1.8%, and a 56.1% payout ratio

MDU Resources Group Inc (NYSE:MDU): Raised by 2.4% last year and currently has am annualized payout of $0.87, a yield of 3%, and a 52.2% payout ratio

Roper Technologies (NYSE:ROP): Raised by 10.2% last year and currently has an annualized payout of $2.48, a yield of 0.6%, and an 8.8% payout ratio