(Nordson Corporation, manufacturer of various industrial equipment including this high-flow piston valve (shown filling containers with sauce), increased its dividend by 22% this week. This is Nordson’s 49th year of dividend growth. Photo from Nordson Corporation website.)
This week, the following dividend growth companies announced dividend payments:
S&P 500 Dividend Aristocrats
The Chubb Corporation (Stock Quote)
Industry: Insurance
Dividend Payment: 50 cents per share
Dividend Paid On: 1/6/2015
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/17
Number of Years of Dividend Increases: 32
Current Forward Yield: 1.93%
Ecolab provides products and services for water, hygiene and food processing. Photo from Ecolab website.
Industry: Hygiene and Energy Technology
Dividend Payment: 33 cents per share – up 17.9% from prior level of 28 cents
Dividend Paid On: 1/15/2015
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/12
Number of Years of Dividend Increases: 28
Current Forward Yield: 1.21%
Franklin Resources, Inc. (Stock Quote)
Industry: Investment Manager
Dividend Payment: 15 cents per share – up 25.0% from prior level of 12 cents
Dividend Paid On: 1/9/2015
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/29
Number of Years of Dividend Increases: 33
Current Forward Yield: 1.03%
Note: BEN also declared a special dividend of 50 cents per share, payable on the same dates as the regular quarterly dividend. With the special dividend, BEN’s current forward yield is 1.89%.
Industry: Medical Appliances & Equipment
Dividend Payment: 30.5 cents per share
Dividend Paid On: 1/16/2015
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/30
Number of Years of Dividend Increases: 37
Current Forward Yield: 1.63%
Industry: Steel
Dividend Payment: 37.25 cents per share – up 0.1% from prior level of 37 cents
Dividend Paid On: 2/11/2015
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/29
Number of Years of Dividend Increases: 41
Current Forward Yield: 2.74%
S&P 500 High Yield Dividend Aristocrats
Nordson Corporation (Stock Quote)
Industry: Diversified Machinery/Dispensing Systems
Dividend Payment: 22 cents per share – up 22.2% from prior level of 18 cents
Dividend Paid On: 1/6/2015
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/17
Number of Years of Dividend Increases: 49
Current Forward Yield: 1.12%
General Dynamics (Stock Quote)
Industry: Defense Products & Services
Dividend Payment: 62 cents per share
Dividend Paid On: 2/6/2015
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 1/14/2015
Number of Years of Dividend Increases: 17
Current Forward Yield: 1.71%
Next Week’s Dividend Announcements:
C. R. Bard (BCR)
National Fuel Gas (NFG)
Piedmont Natural Gas Inc (PNY)
SEI Investment Corporation (SEIC)
Next Week’s Ex-Dividend Stocks:
Tuesday, December 9:
MDU Resources Group Inc. (MDU)
Wednesday, December 10:
Automated Data Processing (ADP)
Thursday, December 11:
Telephone & Data Systems Inc. (TDS)
Leggett & Platt Incorporated (LEG)
Friday, December 12:
T. Rowe Price Group, Inc. (TROW)
Monday, December 15:
ACE Limited (ACE)
Cincinnati Financial Corporation (CINF)
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.