Dividend Aristocrats for Week Ending January 10, 2014: Walgreens Increases Dividend

This week, Walgreens (WAG) increased their dividend to 27.5 to 31.5 cents, a 14.5% increase.  This is the 38th consecutive year that WAG has increased their dividend payout, and the 325th consecutive quarter of dividends.  The higher dividend is payable on March 12th to shareholders of record on February 18th, and results in a yield at its current share price of $60.36 of 2.09%.

Three other Aristocrats announced regular quarterly dividends:

Target (TGT) announced their latest regular dividend of 43 cents, payable on March 10th to shareholders of record on February 19th.  This is TGT’s 186th consecutive quarterly dividend and has paid dividends since they went public in October 1967.   At its current price, TGT dividend yield is 2.75%.

Colgate-Palmolive (CL), manufacturer of dental, personal and pet care products will pay shareholders of record on January 24th a quarterly dividend of 34 cents per share on February 14th, resulting in a current yield of 2.09%.  CL has paid dividends for the last 119 years – since 1895.

Switzerland based Pentair (PNR) announced their latest quarterly dividend of 25 cents.  The annual payout of $1.00 translates into a current yield of 1.30% and will be paid on February 7th to shareholders of record on January 24th.  PNR has increased dividends for the last 37 years.


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