Clorox rewarded investors with a 14% dividend increase this week.
Photo: Flickr.com/Mike Mozart

It was a very good week for dividend growth investors, as 10 companies announced annual increases this week.  Notable among them: AbbVie announced its 2nd increase in as many quarters with a 35% jump, NextEra Energy and Clorox announced 14% and 13% increases respectively, and business software company Jack Henry & Associates announced a nearly 20% increase.  The fast pace is expected to continue next week with another 9 announcements.

Dividend Increases Announced This Week

AbbVie (ABBV)

Industry: Healthcare – Pharmaceuticals

Dividend Payment: 96 cents per share – up 35.2% from prior level of 71 cents

Dividend Paid On: 5/15

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 4/12

Number of Years of Dividend Increases: 46

Current Forward Yield: 3.34%

 

Clorox (CLX)

Industry: Consumer Goods

Dividend Payment: 96 cents per share – up 14.3% from prior level of 84 cents

Dividend Paid On: 5/11

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 4/24

Number of Years of Dividend Increases: 41

Current Forward Yield: 2.93%

 

Jack Henry & Associates, Inc. (JKHY)

Industry: Technology – Business Software

Dividend Payment: 37 cents per share – up 19.4% from prior level of 31 cents

Dividend Paid On: 3/16

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 2/28

Number of Years of Dividend Increases: 15

Current Forward Yield: 1.22%

 

Coca-Cola (KO)

Industry: Beverages

Dividend Payment: 39 cents per share – up 5.4% from prior level of 37 cents

Dividend Paid On: 4/2

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 3/14

Number of Years of Dividend Increases: 56

Current Forward Yield: 3.48%

 

NextEra Energy (NEE)

Industry: Utilities – Electric

Dividend Payment: $1.11 per share – up 13.0% from prior level of 98.25 cents

Dividend Paid On: 3/15

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 2/26

Number of Years of Dividend Increases: 24

Current Forward Yield: 2.85%

 

Nu Skin Enterprises (NUS)

Industry: Consumer Goods

Dividend Payment: 36.5 cents per share – up 1.4% from prior level of 36 cents

Dividend Paid On: 3/14

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

Number of Years of Dividend Increases: 18

Current Forward Yield: 2.01%

 

Pepsico (PEP)

Industry: Food & Beverages

Dividend Payment: 92.75 cents per share – up 15.2% from prior level of 80.5 cents

Dividend Paid On: To Be Announced

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): To Be Announced

Number of Years of Dividend Increases: 46

Current Forward Yield: 3.34%

 

Perrigo (PRGO)

Industry: Healthcare – Pharmaceuticals

Dividend Payment: 19 cents per share – up 18.8% from prior level of 16 cents

Dividend Paid On: 3/20

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 3/1

Number of Years of Dividend Increases: 16

Current Forward Yield: 0.85%

 

Sherwin Williams (SHW)

Industry: Specialty Chemicals

Dividend Payment: 86 cents per share – up 1.2% from prior level of 85 cents

Dividend Paid On: 3/9

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

Number of Years of Dividend Increases: 40

Current Forward Yield: 0.86%

 

T. Rowe Price Group (TROW)

Industry: Financial – Asset Management

Dividend Payment: 70 cents per share – up 22.8% from prior level of 57 cents

Dividend Paid On: 3/29

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 3/14

Number of Years of Dividend Increases: 32

Current Forward Yield: 2.56%

 

Dividend Increase Announcements Expected Next Week

Albemarle (ALB)

Chubb Limited (CB)

Genuine Parts Company (GPC)

Owens & Minor (OMI)

Old Republic International Corporation (ORI)

SCANA Corporation (SCG)

TJX Companies (TJX)

WGL Holdings (WGL)

Walmart (WMT)