Daily Dividend Report: Lowe’s Companies, EastGroup Properties, SpartanNash, Macy’s, TriCo Bancshares

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The Board of Directors of Lowe’s Companies has announced a quarterly cash dividend of one dollar and five cents per share, payable November 2, 2022 to shareholders registered on October 19, 2022.

EastGroup Properties announced today that the board of directors has approved a 13.6% increase in its quarterly dividend, raising it from $1.10 per share to $1.25 per share. The dividend will be payable on October 14, 2022 to shareholders of common stock on September 30, 2022. This dividend is the 171st consecutive quarterly cash distribution to EastGroup shareholders and represents an annual dividend rate of $5.00 per share. EastGroup has increased or maintained its dividend for 30 consecutive years. The company has increased it by 27 years over that period, including increases in each of the last 11 years.

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SpartanNash announced today that its Board of Directors has approved a quarterly cash dividend of $0.21 per common share on August 24, 2022. The dividend will be paid on September 30, 2022 to shareholders registered on September 15, 2022. On August 25, 2022, 35,698,175 ordinary shares were outstanding.

The board of directors of Macy’s today declared a regular quarterly dividend of 15.75 cents per share on the common stock of Macy’s, Inc. announced, payable on October 3, 2022, to shareholders known to be at the close of business on September 15, 2022.

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The board of directors of TriCo Bancshares, parent company of Tri Counties Bank, announced on August 25, 2022, a quarterly cash dividend of $0.30 per share on its common stock, without par value. This represents an increase of $0.05 or 20% from the previous quarter’s dividend. The dividend will be payable on September 23, 2022 to the record holders on September 9, 2022.

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