Lamb Weston Holdings Increased Its Dividend By 29%. These 3 Other Companies Announced Similar.

Discover the 4 stocks that significantly increased their dividends last week


  • LW - increased quarterly dividend by 29%, which is set for payment on March 1, 2024.
  • AEO - boosted dividends by 25%, with a payout of $0.125 on January 19, 2024.
  • ATNI - increased quarterly dividend by 14% to $0.24 per share and expands share repurchase program to $25 million
  • HST - increased quarterly cash dividend by 11%, reaching $0.20 per share, along with a special dividend of $0.25 per share


Sector: Consumer Defensive

Industry: Packaged Foods

Lamb Weston Holdings recently announced a substantial 29% increase in its quarterly dividend, now standing at $0.36 per share of Lamb Weston common stock. This move reflects Lamb Weston's dedication to its capital allocation strategy and its ongoing commitment to delivering returns for shareholders.

President and Chief Executive Officer Tom Werner emphasized Lamb Weston's strong track record in creating shareholder value. This dividend boost signals confidence in Lamb Weston Holdings's financial strength and future prospects. Shareholders can look forward to reaping the benefits, with the increased dividend slated for payment on March 1, 2024, to those on record as of February 2, 2024. Keep an eye on Lamb Weston as its positive momentum and strategic decisions position it as a compelling choice for investors seeking reliable returns.

Lamb Weston Holdings, Inc. is a global leader in the production, distribution, and marketing of value-added frozen potato products. With operations in the Global, Foodservice, Retail, and Other segments, Lamb Weston Holdings offers a diverse range of frozen potatoes, sweet potatoes, commercial ingredients, and appetizers under the Lamb Weston brand. Additionally, it markets products under owned or licensed brands such as Grown in Idaho and Alexia, catering to retail, foodservice, and various other customer labels. Founded in 1950 and headquartered in Eagle, Idaho, Lamb Weston serves a broad customer base, including retail and foodservice clients, grocery and specialty retailers, restaurants, convenience stores, and educational institutions.

Dividend yield: 1.39%


Sector: Consumer Cyclical

Industry: Apparel Retail

American Eagle Outfitters recently upped its quarterly cash dividend by a solid 25%, showcasing its robust financial performance throughout 2023. This move reflects American Eagle Outfitters's strengthened fundamentals and increased free cash flow. In an optimistic statement, Jay Schottenstein, AEO's Executive Chairman and CEO, highlighted the confidence in their strategic direction for the upcoming year.

This dividend boost not only underscores American Eagle Outfitters's commitment to delivering sustained profitable growth but also signifies its confidence in the future. Investors can now expect a regular quarterly cash dividend of $0.125, with the payout scheduled for January 19, 2024. The increased dividend aligns with AEO's dedication to providing returns to its shareholders and paints a positive picture for the stock's dividend prospects. Keep an eye on AEO as it continues to navigate the retail landscape with a focus on strategic growth and shareholder value.

American Eagle Outfitters, Inc. is a specialty retailer offering clothing, accessories, and personal care products through its American Eagle and Aerie brands. American Eagle Outfitters specializes in jeans, apparel, and accessories for both men and women, along with intimates, activewear, swimwear, and personal care products for women. Additionally, it provides sports apparel under the Tailgate brand and menswear under the Todd Snyder New York brand. Operating in the United States, Canada, Mexico, China, and Hong Kong, American Eagle Outfitters runs approximately 940 American Eagle stores, 148 Aerie stand-alone stores, 5 Tailgate stores, and two Todd Snyder stores as of February 1, 2020. It also reaches customers in 81 countries through its online platforms and merchandise offered at 217 locations operated by licensees in 24 countries. Founded in 1977, American Eagle Outfitters, Inc. is headquartered in Pittsburgh, Pennsylvania.

Dividend yield: 2.43%


Sector: Communication Services

Industry: Telecom Services

ATN International, Inc. has good news for its investors as ATN International just announced an increase in its quarterly dividend by 14%, now standing at $0.24 per share from the previous $0.21. This move comes alongside an expansion of the share repurchase program, allowing the buyback of up to $25 million of common stock. The decision was greenlit by ATN's Board of Directors as part of ATN International's three-year infrastructure expansion plan.

According to Michael Prior, ATN’s Chairman and CEO, the dividend boost and share repurchase program expansion are strategic steps aligned with the final phase of their expansion plan. As the plan nears completion in 2024, ATN aims to enhance direct capital returns to its shareholders. This decision is backed by ATN International's strong operating cash flows, sustained growth across markets, and a robust balance sheet. Looking ahead, ATN emphasizes a balanced capital allocation strategy, prioritizing total return opportunities for shareholders through acquisitions, internal investments, share repurchases, and dividends. Investors can anticipate the dividend payout on January 5, 2024, for those holding common shares as of December 31, 2023. ATN International's management will closely monitor market conditions and other factors to determine the timing and amount of stock repurchases.

ATN International, Inc., a telecommunications company founded in 1987 and headquartered in Beverly, Massachusetts, operates through three segments: International Telecom, US Telecom, and Renewable Energy. The International Telecom segment provides wireless and wireline services in Bermuda, Guyana, the Cayman Islands, and the US Virgin Islands. Additionally, it offers managed IT services and wholesale long-distance voice services. The US Telecom segment provides wireless and wireline services, wholesale roaming services in the Southwest United States, and wholesale long-distance voice services. The Renewable Energy segment focuses on distributed generation solar power for commercial and industrial customers in India, Massachusetts, California, and New Jersey. Formerly known as Atlantic Tele-Network, Inc., ATN International changed its name to ATN International, Inc. in June 2016. As of December 31, 2019, it operated a total of 31 retail stores across its segments.

Dividend yield: 2.62%

ATN International's stock rose 9% in 5 days from the time LevelFields.AI sent the alert


Sector: Real Estate

Industry: Reit—Hotel & Motel

Host Hotels & Resorts, known as the nation's largest lodging real estate investment trust, has just given its shareholders something to smile about. The board of directors has approved a sweet 11% increase in the regular quarterly cash dividend, now standing at $0.20 per share. As an extra treat, a special dividend of $0.25 per share has been announced, making the total dividends for the year a generous $0.90 per share. This payout is scheduled for January 16, 2024, for stockholders on record as of December 29, 2023.

This bump in dividends reflects Host Hotels & Resorts' commitment to rewarding its investors and signifies Host Hotels & Resorts's confidence in its financial health. The move to boost dividends may be attributed to Host Hotels & Resorts's positive performance and recent achievements, solidifying its position as a reliable investment. Keep an eye on Host Hotels & Resorts, Inc. for potential future gains, as its proactive dividend strategy could be a positive sign for the stock's outlook.

Host Hotels & Resorts, Inc., an S&P 500 company, stands as the largest lodging real estate investment trust and a major owner of luxury and upper-upscale hotels. With a portfolio of 74 properties in the United States and five internationally, totaling around 46,100 rooms, Host Hotels & Resorts also has non-controlling interests in seven joint ventures. Employing a disciplined capital allocation strategy and proactive asset management, Host Hotels & Resorts collaborates with renowned brands such as Marriott, Ritz-Carlton, Westin, Sheraton, W, St. Regis, The Luxury Collection, Hyatt, Fairmont, Hilton, Swissôtel, ibis, and Novotel.

Dividend yield: 4.19%

Some information was sourced from LevelFields.AI

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