Excelerate Energy Raises Dividend by 33%, TPG by 44%: A Look at the Top 3 Stocks With Huge Dividend Increases

Excelerate Energy has increased its quarterly dividend by 33% to 8 cents per share, while TPG has raised its dividend by 44% to 59 cents per share. These increases demonstrate the companies' commitment to returning higher amounts of capital to shareholders. Excelerate has grown its dividend by 220% in the past year, targeting a "low double-digit annual dividend growth rate" from 2026 to 2028.

Excelerate Energy (NYSE:EE) and TPG Telecom Ltd (ASX:TPG) have recently announced significant increases in their quarterly dividends, demonstrating a strong commitment to returning capital to shareholders. Excelerate Energy, a leading provider of Floating Storage and Regasification Units (FSRUs) and integrated LNG solutions, increased its dividend by 33% to 8 cents per share. This follows a remarkable 220% growth in the past year, with the dividend rising from 2.5 cents per share in September 2024 [1]. The company expects to maintain a "low double-digit annual dividend growth rate" from 2026 to 2028 [1].

In contrast, TPG Telecom Ltd raised its dividend by 44% to 59 cents per share. This substantial increase underscores TPG's commitment to distributing a larger portion of its earnings to shareholders [2].

These dividend increases come as both companies have made strategic moves to expand their operations and secure new assets. Excelerate Energy's acquisition of LNG and power assets in Jamaica, for instance, has significantly bolstered its contracted and recurring cash flow [1]. TPG's dividend increase also reflects its strong financial performance and commitment to shareholder value.

Investors should closely monitor these companies' future earnings and dividend growth prospects. The recent dividend hikes signal a positive outlook for both companies, but it is essential to consider other factors such as earnings growth, debt levels, and market conditions when making investment decisions.

References:
[1] https://www.nasdaq.com/articles/excelerate-energy-eps-jumps-31-percent
[2] https://www.investing.com/analysis/these-3-stocks-smash-dividend-growth-norms-with-doubledigit-boosts-200665209