A 15% Dividend Increase From Church & Dwight

Church & Dwight has expanded its Arm & Hammer brand beyond basic baking soda.
Photo: Flickr.com/Mike Mozart

Two oversize increases punctuated this week’s announcements.  Baking soda manufacturer Church & Dwight rewarded investors with a 15% increase and financial information company S&P Global blew away my expectations with a 22% increase.  Other announcements came from Bemis Company and Eversource Energy.

Eight more companies should announce annual dividend increases next week.

Dividend Increases Announced This Week

Bemis Company (BMS)

Industry: Packaging & Containers

Dividend Payment: 31 cents per share – up 3.3% from prior level of 30 cents

Dividend Paid On: 3/1

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 2/16

Number of Years of Dividend Increases: 35

Current Forward Yield: 2.84%

 

Church & Dwight Company (CHD)

Industry: Consumer Goods

Dividend Payment: 21.75 cents per share – up 14.5% from prior level of 19 cents

Dividend Paid On: 3/1

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 2/14

Number of Years of Dividend Increases: 22

Current Forward Yield: 1.79%

 

Eversource Energy (ES)

Industry: Utilities – Diversified

Dividend Payment: 50.5 cents per share – up 6.3% from prior level of 47.5 cents

Dividend Paid On: 3/30

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 3/5

Number of Years of Dividend Increases: 20

Current Forward Yield: 3.54%

 

S&P Global, Inc. (SPGI)

Industry: Financial – Business Services

Dividend Payment: 50 cents per share – up 22.0% from prior level of 41 cents

Dividend Paid On: 3/12

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 2/23

Number of Years of Dividend Increases: 45

Current Forward Yield: 1.13%

 

Dividend Increase Announcements Expected Next Week

Genuine Parts Company (GPC)

Jack Henry & Associates, Inc. (JKHY)

NextEra Energy (NEE)

Nu Skin Enterprises (NUS)

Owens & Minor (OMI)

Pepsico (PEP)

Thomson Reuters Corporation (TRI)

WGL Holdings (WGL)

 

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2 Comments

  1. JC says:

    Man that’s a huge increase from CHD. I had been trying to buy shares of them for the longest time but the valuation just never really looked attractive to me whenever I happened to have capital that was ready to invest. February has been slow for dividend increases among companies that I own, but things should start picking up next week and throughout the rest of the month with KO, WMT, PEP, BNS, TROW and ROST announcing raises.

    • Jason says:

      JC:
      Yeah, it’s been really crazy in this market trying to find these types of stocks at decent prices. Even with the recent pullback, the current yields aren’t much – CHD is less than 1.8% right here.

      Like you, I expect the latter half of February to pick up quite a bit. Thanks for the comment!

      Cheers,
      HD

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