You’ll notice a change from the usual format of the week in review posts. Rather than writing up a post with the critical information buried inside, I decided to provide the information that you’re looking for in an easy-to-read format. Please let me know what you think by leaving a comment. Thanks!
This week, the following dividend growth companies announced dividend payments:
S&P 500 Dividend Aristocrats:
Stanley Black & Decker (Company Summary, Current Quote)
Industry: Tooling
Dividend Payment: 52 cents per share
Dividend Paid On: 12/16
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/3
Number of Years of Dividend Increases: 46
Next Dividend Increase Announcement: July 2015
Current Forward Yield: 1.01%
The Procter & Gamble Company (Current Quote)
Industry: Consumer Goods, Personal Products
Dividend Payment: 64.36 cents per share
Dividend Paid on: 11/17
Stock Goes Ex-Dividend: 10/22
Number of Years of Dividend Increases: 58
Next Dividend Increase Announcement: April 2015
Current Forward Yield: 3.09%
Johnson & Johnson (Company Summary, Current Quote)
Industry: Health Care
Dividend Payment: 70 cents per share
Dividend Paid on: 12/9
Stock Goes Ex-Dividend: 11/21
Number of Years of Dividend Increases: 52
Next Dividend Increase Announcement: April 2015
Current Forward Yield: 2.84%
Consolidated Edison (Company Summary, Current Quote)
Industry: Diversified Energy Company
Dividend Payment: 63 cents per share
Dividend Paid on: 12/15
Stock Goes Ex-Dividend: 11/10
Number of Years of Dividend Increases: 36
Next Dividend Increase Announcement: January 2015
Current Forward Yield: 4.15%
PPG Industries (Current Quote)
Industry: Paints and Specialty Coatings
Dividend Payment: 67 cents per share
Dividend Paid on: 12/12
Stock Goes Ex-Dividend: 11/6
Number of Years of Dividend Increases: 43
Next Dividend Increase Announcement: April 2015
Current Forward Yield: 1.43%
S&P 500 High Yield Dividend Aristocrats:
Sonoco (Current Quote)
Industry: Packaging
Dividend Payment: 32 cents per share
Dividend Paid on: 12/10
Stock Goes Ex-Dividend: 11/12
Number of Years of Dividend Increases: 32
Next Dividend Increase Announcement: April 2015
Current Forward Yield: 3.28%
A. O. Smith Corporation (Current Quote)
Industry: Industrial Electrical Equipment
Dividend Payment: 15 cents per share
Dividend Paid on: 11/17
Stock Goes Ex-Dividend: 10/29
Number of Years of Dividend Increases: 20
Next Dividend Increase Announcement: January 2015
Current Forward Yield: 1.27%
National Retail Properties (Current Quote)
Industry: Medical Properties REIT
Dividend Payment: 42 cents per share
Dividend Paid on: 11/14
Stock Goes Ex-Dividend: 10/29
Number of Years of Dividend Increases: 25
Next Dividend Increase Announcement: July 2015
Current Forward Yield: 4.56%
Eaton Vance (Current Quote)
Industry: Investment Manager
Dividend Payment: 25 cents per share, up from 22 cents in prior quarter (13.6% increase)
Dividend Paid on: 11/12
Stock Goes Ex-Dividend: 10/29
Number of Years of Dividend Increases: 34
Next Dividend Increase Announcement: October 2015
Current Forward Yield: 2.47%
People’s United Financial (Current Quote)
Industry: Banking/Financial
Dividend Payment: 16.5 cents per share
Dividend Paid on: 11/15
Stock Goes Ex-Dividend: 10/30
Number of Years of Dividend Increases: 22
Next Dividend Increase Announcement: April 2015
Current Forward Yield: 4.78%
Diebold, Inc. (Current Quote) – See Note Below
Industry: Technology – Diversified Computer Systems
Dividend Payment: 28.75 cents per share
Dividend Paid on: 12/5
Stock Goes Ex-Dividend: 11/12
Number of Years of Dividend Increases: 60
Next Dividend Increase Announcement: **See Note Below**
Current Forward Yield: 3.24%
**With this dividend announcement, Diebold has now stopped growing its regular dividend in 2014. As a result, I expect that S&P will remove Diebold from the High Yield Dividend Aristocrats index at the end of the year. Once they do this, I will remove Diebold from the list of stocks that I follow.
Next Week’s Dividend Announcements:
Brown & Brown (BRO)
Linear Technology (LLTC)
Becton, Dickinson & Company (BDX)
Energen (EGN)
Praxair (PX)
Commerce BancShares (CBSH)
Next Week’s Ex-Dividend Stocks:
To collect the dividends, be sure to own the stock before the ex-dividend date below.
Monday, October 20th:
West Pharmaceutical Services (WST)
Wednesday, October 22nd:
Pentair (PNR)
Procter & Gamble (PG)
Updated on October 21st to correct an error: Stanley Black & Decker announced a dividend this week, not Sherwin Williams Company.
There are over 50 S&P 500 companies that have increased dividends for more than a quarter century. See the full list of S&P Dividend Aristocrats.