Great Southern Bancorp Inc. (GSBC, Financial) and Commercial Metals Co (CMC, Financial) recently announced their next dividends.
Dividend investors could be interested in these stocks, as they have been paying dividends for many years and have increased their payments faster than the S&P 500 over the past year.
The benchmark for the U.S. market saw the dividends of its member stocks fall by 3.2% over the past 12 months through 2021.
Furthermore, these companies offer a higher dividend yield than the benchmark index for the U.S. market. The S&P 500’s dividend yield was approximately 1.39% as of early trading on Wednesday, March 16.
Great Southern Bancorp Inc. (GSBC, Financial)
Before the market opened on Wednesday, the Springfield, Missouri-based regional bank announced it will pay a quarterly cash dividend of 36 cents per common share on April 11. The payment will be in line with the previous distribution. Shareholders must be on the company's record by March 28 if they want to benefit. The ex-dividend date is scheduled for March 25.
The company has distributed consecutive dividends for approximately 31 years and increased them by 2.9% over the past year, 5.3% per year over the past three years, 10.6% per year over the past five years and 8.1% per year over the past 10 years.
At close on Tuesday, the share price of $60.38 was up by 7.1% year-over-year and the forward dividend yield was 2.32%. The stock has a market cap of $787.16 million and a 52-week range of $49.53 to $62.70.
Commercial Metals Co (CMC, Financial)
Before the market opened on Wednesday, the Irving, Texas-based producer of steel and metal products and materials in the United States and internationally announced it will pay a quarterly cash dividend of 14 cents per common share on April 13 to shareholders of record as of March 30. The ex-dividend date is scheduled for March 29. The payment will be in line with the previous distribution.
The company has been paying consecutive dividends for about 32 years, increasing them by 4.2% over the past year.
The share price has risen by 44.6% over the past year to close at $41.04 on Tuesday and the forward dividend yield is 1.34%. The stock has a market cap of $4.99 billion and a 52-week range of $26.98 to $42.37.
