Procter & Gamble Dividends

62 Years of Dividend Growth for Procter & Gamble

Procter & Gamble, manufacturer of Tide laundry detergent, announced its 62nd
year of dividend growth this week.
Photo: Flickr.com/Mike Mozart

The dividend growth announcements returned this week after a post-Easter hiatus.  Four long-term dividend growth companies announced their annual increases including Procter & Gamble with a modest 4% increase to mark its 62nd year of dividend growth.  Also notable was retail REIT Tanger Factory Outlet Centers’ 25th year of dividend growth, announced this week.  While the 2.2% increase isn’t very large, the company has an outsized yield of nearly 6.2%.

Dividend Increases Announced This Week

ADP (ADP)

Industry: Business Services

Dividend Payment: 69 cents per share – up 9.5% from prior level of 63 cents

Dividend Paid On: 7/1

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 6/7

Number of Years of Dividend Increases: 44

Current Forward Yield: 2.39%

 

H. B. Fuller (FUL)

Industry: Specialty Chemicals

Dividend Payment: 15.5 cents per share – up 3.3% from prior level of 15 cents

Dividend Paid On: 5/10

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 4/25

Number of Years of Dividend Increases: 49

Current Forward Yield: 1.25%

 

Procter & Gamble (PG)

Industry: Consumer Goods

Dividend Payment: 71.72 cents per share – up 4.0% from prior level of 68.96 cents

Dividend Paid On: 5/15

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 4/19

Number of Years of Dividend Increases: 62

Current Forward Yield: 3.66%

 

Tanger Factory Outlet Centers (SKT)

Industry: REIT

Dividend Payment: 35 cents per share – up 2.2% from prior level of 34.25 cents

Dividend Paid On: 5/15

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 4/27

Number of Years of Dividend Increases: 25

Current Forward Yield: 6.17%

 

Dividend Increase Announcements Expected Next Week

People’s United Financial (PBCT)

Southern Company (SO)

Sonoco (SON)