Roper Technologies As of October 18, 2021 ticker dps (an.) 2021 hike 2020 hike 2019 hike
ROP $2.25 0.0% 9.8% 10.8%
Business yield Hike yrs 5 yr CAGR freq. paid since
Software & Engineered Products 0.5% 28 13.4% Quarter 1992
Roper had raised its dividend by double digits every year since at least 2007 © DIVIDENDHIKE.COM
Roper had raised its dividend by double digits every year since at least 2007 © DIVIDENDHIKE.COM

Roper Technologies (ROP) will raise its quarterly dividend by 9.8 percent to 56.25 cents per share in 2021. This follows a 10.8 percent increase to $0.5125 per share announced in 2019 by Roper.

This will also mark the 28th consecutive year of higher dividend payments by this Dividend Aristocrat. However it is the smallest dividend hike in more than a decade for the the industrial company.

The increased dividend is payable on January 22, 2021 to stockholders of record as of January 8, 2021. A new annualized dividend of $2.25 per share yields 0.6% to shareholders at a stock price of $396.

For Roper it is the first time in many years that the dividend is not increased by double digits. Last year already was the smallest increase in more than a decade, followed by an even smaller increase announced for 2021. The company will now pay an estimated annual dividend of $236 million to shareholders annually.

Roper Technologies, Inc. is a technology company. Roper designs and develops software (both software-as-a-service and licensed), and engineered products and solutions for healthcare, transportation, food, energy, water, education and other niche markets worldwide. The company's businesses include Medical & Scientific Imaging, RF Technology & Software, Industrial Technology and Energy Systems & Controls. Roper Technologies, Inc. was incorporated in 1981 and has paid a dividend every year since 1992.

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Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Oct 28 AOS 1.7% 7.7%
Oct 28 ZTS 0.5% 0.0%
Oct 28 COST 0.7% 12.9%
Oct 28 CARR 0.9% 0.0%
Oct 28 UNM 4.4% 5.3%
Oct 28 INFO 0.6% 17.6%
Oct 28 MS 2.8% 100.0%
Oct 28 NI 3.6% 4.8%
Oct 29 TXN 2.4% 12.7%
Oct 29 NRG 3.2% 8.3%