Key facts
- Royce Micro-Cap Trust increased its quarterly dividend by 10.5% to $0.21 per share.
- NXG NextGen Infrastructure Income Fund raised its dividend by 11.1% to $0.60 per share.
- W.R. Berkley increased its regular quarterly dividend to $0.10 per share.
- W.R. Berkley also declared a special cash dividend of $0.50 per share.
- Eaton Vance Limited Duration Income Fund decreased its dividend by 0.3% to $0.0708 per share.
- Oil-Dri Corporation of America increased its quarterly dividend by 10%.
- Epsilon Energy declared a quarterly cash dividend of $0.0625 per share.
- Shareholders of Epsilon Energy of record on June 14, 2024, will receive the dividend on June 28, 2024.
- McRae Industries declared a quarterly dividend of $0.14 per share.
- Shareholders of McRae Industries of record on June 17, 2026, will receive the dividend on July 1, 2026.
A number of companies have recently made announcements regarding their dividend distributions, reflecting varied financial strategies and performance indicators. Royce Micro-Cap Trust is increasing its quarterly dividend by 10.5%, establishing a new rate of $0.21 per share, signaling confidence in its financial standing and aiming to enhance shareholder returns. Similarly, NXG NextGen Infrastructure Income Fund announced an 11.1% dividend increase, bringing its payout to $0.60 per share, representing a significant rise in distributions to investors. W.R. Berkley is also bolstering shareholder returns by raising its regular quarterly dividend by 11.1% to $0.10 per share, and additionally declared a special cash dividend of $0.50 per share, underscoring its strong financial health.
In contrast, Eaton Vance Limited Duration Income Fund has opted to decrease its dividend payout by 0.3%, setting the new dividend at $0.0708 per share, a move attributed to potential shifts in financial performance or distribution strategy. Oil-Dri Corporation of America announced a 10% increase in its quarterly dividend and concurrently authorized a new share repurchase program. Epsilon Energy declared a quarterly cash dividend of $0.0625 per share, with shareholders of record as of June 14, 2024, set to receive the payment on June 28, 2024; the company also noted a borrowing base redetermination.
Several other entities have declared specific dividend amounts without detailing percentage changes or special circumstances. These include VICI Properties with a $0.45 per share dividend, despite its stock facing challenges this year. McGrath RentCorp declared a $0.495 quarterly dividend, Virtus Global Multi-Sector Income Fund announced $0.08 per share, Mid-America Apartment Communities declared $1.0625 per share for its Cum Red Pfd Registered Series I, Nuveen Variable Rate Preferred & Income Fund declared $0.1565 per share with a record date of October 2, 2023, MCAP declared $0.10 per share, RCI Hospitality declared $0.08 per share, Myers declared $0.135 per share, Blackstone Strategic Realty Trust declared $0.01 per share with an ex-dividend date of September 29 and payment on October 13, Espey Mfg. & Electronics declared $0.25 per share, and McRae Industries declared a quarterly dividend of $0.14 per share on its Class A and Class B Common Stock, with shareholders of record on June 17, 2026, receiving payment on July 1, 2026.