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Buy These 4 Stocks That Declared Dividend Hikes Amid Market Volatility
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Key Takeaways
Seagate Technology announced a $0.76-per-share dividend, payable Jan. 7, 2027.
Scorpio Tankers declared a $0.75-per-share dividend, with a 2.03% dividend yield.
Hubbell and Gorman-Rupp announced dividends of $1.52 and $0.20 per share, respectively.
The Federal Reserve held interest rates steady in its October policy meeting earlier this week. However, the central bank said that it is keeping a close watch on “price stability” and does not rule out further rate cuts.
High inflation has posed a major challenge for the Federal Reserve as steep prices owing to a surge in oil prices continue to weigh on the broader economy. Wall Street has remained volatile for the past several months, and investor sentiment remains weak.
With market uncertainty continuing, conservative investors seeking reliable income and some cushion against volatility may find dividend-paying stocks worth considering. These stocks provide a source of regular income through consistent payouts and can offer greater stability during turbulent market conditions.
Here are four dividend stocks that investors may want to add to their watchlists: Seagate Technology Holdings plc (STX - Free Report) , Scorpio Tankers Inc. (STNG - Free Report) , Hubbell Incorporated (HUBB - Free Report) and The Gorman-Rupp Company (GRC - Free Report) .
Markets Remain Volatile
The Federal Reserve kept interest rates unchanged in its current range of 3.75-4% at the end of its October FOMC meeting this week. The move was highly anticipated after the Fed hiked rates by 25 basis points in its September policy meeting.
Market participants who, until recently, believed the central bank would raise interest rates by another quarter percentage point are now hopeful the Fed could keep rates unchanged at its December meeting.
However, the Fed has not ruled out future rate hikes as inflation remains sharply higher than the central bank’s 2% target. Fed Chair Kevin Warsh said that the central bank remained focused on “price stability” and will wait for other key economic data, including the third-quarter GDP, ahead of its next policy meeting.
Inflation has posed a major challenge for the Fed since the second quarter of this year, after falling substantially over the past two years.
A surge in oil prices driven by the ongoing conflict in the Middle East has been the primary cause of the jump in inflation. Consumers are struggling with higher prices, which is impacting their spending power and weighing on the broader economy.
4 Stocks That Recently Announced Dividend Hikes
Seagate Technology
Seagate Technology Holdings plc is a leading provider of data storage technology and infrastructure solutions. STX’s primary product offering is hard disk drives, which are commonly referred to as disk drives, hard drives or HDDs, which are used as the primary medium for storing digitally encoded data on rapidly rotating disks with magnetic surfaces. Seagate Technology carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
On Oct. 27, Seagate Technology announced that its shareholders would receive a dividend of $0.76 a share on Jan. 7, 2027. STX has a dividend yield of 0.42%. Over the past five years, Seagate Technology has increased its dividend four times, and its payout ratio presently sits at 20% of earnings. Check Seagate Technology’s dividend history here.
Scorpio Tankers
Scorpio Tankers Inc. is engaged in the seaborne transportation of crude oil and refined petroleum products worldwide. As of March 19, 2026, STNG operated a fleet of 90 wholly owned tankers, comprising 34 LR2, 42 MR and 14 Handymax vessels, with a weighted average age of approximately 10.1 years. Scorpio Tankers has a Zacks Rank #2.
On Oct. 26, Scorpio Tankers declared that its shareholders would receive a dividend of $0.75 a share on Dec. 4. STNG has a dividend yield of 2.03%. Over the past five years, Scorpio Tankers has increased its dividend seven times, and its payout ratio presently sits at 17% of earnings. Check Scorpio Tankers’ dividend history here.
Hubbell Incorporated
Hubbell Incorporated is engaged in the design, manufacture and sale of electrical and electronic products to commercial, industrial, utility and telecommunications markets. HUBB’s products include plugs, receptacles, connectors, lighting fixtures, high voltage test and measurement equipment and voice and data signal processing components. Hubbell Incorporated carries a Zacks Rank #2.
On Oct. 23, Hubbell Incorporated announced that its shareholders would receive a dividend of $1.52 a share on Dec. 15. HUBB has a dividend yield of 1.3%. Over the past five years, Hubbell Incorporated has increased its dividend six times, and its payout ratio presently sits at 29% of earnings. Check Hubbell Incorporated’s dividend history here.
The Gorman-Rupp Company
The Gorman-Rupp Company designs, manufactures and sells pumps and related equipment (pump and motor controls) for use in water, wastewater, construction, industrial, petroleum, original equipment, agricultural, fire protection, military and other liquid-handling applications. GRC has a Zacks Rank #2.
On Oct. 22, The Gorman-Rupp Company declared that its shareholders would receive a dividend of $0.2 a share on Dec. 10. GRC has a dividend yield of 1.02%. Over the past five years, The Gorman-Rupp Company has increased its dividend six times, and its payout ratio presently sits at 27% of earnings. Check The Gorman-Rupp Company’s dividend history here.
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Buy These 4 Stocks That Declared Dividend Hikes Amid Market Volatility
Key Takeaways
The Federal Reserve held interest rates steady in its October policy meeting earlier this week. However, the central bank said that it is keeping a close watch on “price stability” and does not rule out further rate cuts.
High inflation has posed a major challenge for the Federal Reserve as steep prices owing to a surge in oil prices continue to weigh on the broader economy. Wall Street has remained volatile for the past several months, and investor sentiment remains weak.
With market uncertainty continuing, conservative investors seeking reliable income and some cushion against volatility may find dividend-paying stocks worth considering. These stocks provide a source of regular income through consistent payouts and can offer greater stability during turbulent market conditions.
Here are four dividend stocks that investors may want to add to their watchlists: Seagate Technology Holdings plc (STX - Free Report) , Scorpio Tankers Inc. (STNG - Free Report) , Hubbell Incorporated (HUBB - Free Report) and The Gorman-Rupp Company (GRC - Free Report) .
Markets Remain Volatile
The Federal Reserve kept interest rates unchanged in its current range of 3.75-4% at the end of its October FOMC meeting this week. The move was highly anticipated after the Fed hiked rates by 25 basis points in its September policy meeting.
Market participants who, until recently, believed the central bank would raise interest rates by another quarter percentage point are now hopeful the Fed could keep rates unchanged at its December meeting.
However, the Fed has not ruled out future rate hikes as inflation remains sharply higher than the central bank’s 2% target. Fed Chair Kevin Warsh said that the central bank remained focused on “price stability” and will wait for other key economic data, including the third-quarter GDP, ahead of its next policy meeting.
Inflation has posed a major challenge for the Fed since the second quarter of this year, after falling substantially over the past two years.
A surge in oil prices driven by the ongoing conflict in the Middle East has been the primary cause of the jump in inflation. Consumers are struggling with higher prices, which is impacting their spending power and weighing on the broader economy.
4 Stocks That Recently Announced Dividend Hikes
Seagate Technology
Seagate Technology Holdings plc is a leading provider of data storage technology and infrastructure solutions. STX’s primary product offering is hard disk drives, which are commonly referred to as disk drives, hard drives or HDDs, which are used as the primary medium for storing digitally encoded data on rapidly rotating disks with magnetic surfaces. Seagate Technology carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
On Oct. 27, Seagate Technology announced that its shareholders would receive a dividend of $0.76 a share on Jan. 7, 2027. STX has a dividend yield of 0.42%. Over the past five years, Seagate Technology has increased its dividend four times, and its payout ratio presently sits at 20% of earnings. Check Seagate Technology’s dividend history here.
Scorpio Tankers
Scorpio Tankers Inc. is engaged in the seaborne transportation of crude oil and refined petroleum products worldwide. As of March 19, 2026, STNG operated a fleet of 90 wholly owned tankers, comprising 34 LR2, 42 MR and 14 Handymax vessels, with a weighted average age of approximately 10.1 years. Scorpio Tankers has a Zacks Rank #2.
On Oct. 26, Scorpio Tankers declared that its shareholders would receive a dividend of $0.75 a share on Dec. 4. STNG has a dividend yield of 2.03%. Over the past five years, Scorpio Tankers has increased its dividend seven times, and its payout ratio presently sits at 17% of earnings. Check Scorpio Tankers’ dividend history here.
Hubbell Incorporated
Hubbell Incorporated is engaged in the design, manufacture and sale of electrical and electronic products to commercial, industrial, utility and telecommunications markets. HUBB’s products include plugs, receptacles, connectors, lighting fixtures, high voltage test and measurement equipment and voice and data signal processing components. Hubbell Incorporated carries a Zacks Rank #2.
On Oct. 23, Hubbell Incorporated announced that its shareholders would receive a dividend of $1.52 a share on Dec. 15. HUBB has a dividend yield of 1.3%. Over the past five years, Hubbell Incorporated has increased its dividend six times, and its payout ratio presently sits at 29% of earnings. Check Hubbell Incorporated’s dividend history here.
The Gorman-Rupp Company
The Gorman-Rupp Company designs, manufactures and sells pumps and related equipment (pump and motor controls) for use in water, wastewater, construction, industrial, petroleum, original equipment, agricultural, fire protection, military and other liquid-handling applications. GRC has a Zacks Rank #2.
On Oct. 22, The Gorman-Rupp Company declared that its shareholders would receive a dividend of $0.2 a share on Dec. 10. GRC has a dividend yield of 1.02%. Over the past five years, The Gorman-Rupp Company has increased its dividend six times, and its payout ratio presently sits at 27% of earnings. Check The Gorman-Rupp Company’s dividend history here.