July dividend increases highlighted Adam, CF Industries, Kingstone, Avidia, Commercial Bancgroup, and Scholastic.
Dividends
July 30, 2026
Table of Contents
July 2026 brought a strong wave of dividend increases, with the largest hikes coming from software, banking, education, insurance, agriculture, and industrial companies. Several of the top increases came from regional banks, showing that select financial institutions continued to emphasize capital returns despite a cautious credit environment.
Below are the Top 10 Dividend Increases for July 2026
Event Date: July 29, 2026
Adamas Trust Inc. is a public company that announced a higher common stock dividend as part of its shareholder return program.
The company raised its common stock dividend to $0.27 per share, representing a 17.4% increase. The hike signals management’s confidence in its payout capacity and its willingness to return more capital to shareholders.
Share Price: $8.91
Dividend Yield: 12.49%
Event Date: July 8, 2026
CF Industries is a major producer of nitrogen fertilizer products used in agriculture, industrial applications, and energy-related markets.
The company announced a 20% increase in its quarterly dividend. The raise reflects confidence in cash flow generation and CF’s ability to return capital while operating in a cyclical fertilizer market.
Share Price: $124.93
Dividend Yield: 1.88%
Event Date: July 23, 2026
Kingstone Companies is a property and casualty insurance company focused on personal lines insurance, including homeowners and related coverage.
The company increased its regular quarterly cash dividend by 20% to $0.06 per share. The increase reflects management’s confidence in capital strength and the company’s ability to continue rewarding shareholders.
Share Price: $20.27
Dividend Yield: 1.03%
Event Date: July 23, 2026
Avidia Bancorp is a community banking company providing deposit, lending, and financial services to individuals and businesses.
The company raised its quarterly cash dividend to $0.06 per share from $0.05 per share, representing a 20% increase. The dividend is payable on or about August 27, 2026, to stockholders of record as of August 18, 2026.
Share Price: $22.48
Dividend Yield: 1.08%
Event Date: July 27, 2026
Commercial Bancgroup is a financial services company focused on community banking, lending, deposits, and local business relationships.
The company declared a cash dividend that represented a $0.02 per share increase, or 20%, over the $0.10 dividend paid during the second quarter of 2026. The increase reflects steady capital generation and a continued focus on shareholder returns.
Share Price: $34.34
Dividend Yield: 1.17%
Event Date: July 29, 2026
Community Trust Bancorp is a regional bank holding company that provides commercial banking, personal banking, and trust services.
The company announced a quarterly cash dividend increase of 22.6%. The sizable raise points to confidence in capital levels, earnings durability, and the bank’s ability to maintain stronger shareholder distributions.
Share Price: $78.62
Dividend Yield: 3.32%
Event Date: July 29, 2026
ACNB Corporation is the holding company for ACNB Bank, serving retail, commercial, and wealth management customers across its regional banking markets.
The company declared a dividend reflecting a 23.5% increase, or $0.08 per share, over the $0.34 cash dividend paid in the third quarter of 2025. The increase highlights ACNB’s capital strength and management’s confidence in long-term earnings stability.
Share Price: $64.50
Dividend Yield: 2.64%
Event Date: July 22, 2026
Scholastic is a children’s publishing, education, and media company known for books, classroom materials, book fairs, and literacy-focused products.
The company increased its quarterly dividend by 25%. The raise signals confidence in cash flow generation and continued commitment to returning capital to shareholders despite changes in the education and publishing markets.
Share Price: $41.02
Dividend Yield: 2.44%
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An increase in dividends occurs when a company raises the cash payment it distributes to shareholders, usually on a quarterly basis. Dividend increases signal confidence in cash flow, earnings stability, and long-term financial health. Companies that consistently raise dividends tend to have disciplined capital allocation and predictable business models.
A dividend increase does not automatically change your tax rate. Taxes apply to the amount received, not the percentage increase itself.
If your dividend payment increases, your total tax owed may rise proportionally—but the tax rate stays the same unless your income crosses a higher bracket.
Dividend increases can help offset inflation, especially when dividend growth outpaces rising consumer prices. Companies that regularly raise dividends often have pricing power, recurring revenue, or cost pass-through ability. While dividends don’t guarantee inflation protection, consistent dividend growth helps preserve purchasing power over time.
Dividend yield increases when:
A rising yield from a dividend increase is generally positive. A rising yield caused by a falling stock price may indicate underlying business or market concerns. Context matters.
It depends on why the yield increased.
Healthy dividend yield increases are typically supported by earnings growth and free cash flow—not financial strain.
The 25% dividend rule refers to a common income-investor guideline: a dividend increase of 25% or more often signals a meaningful shift in a company’s payout policy or confidence in future cash flows. Large increases are less frequent and tend to attract investor attention, sometimes leading to short-term stock price gains.
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