Dividend Growth Stocks Week In Review for December 6, 2014

(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 (Stock Quote)

Ecolab Dividend Growth

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%.

 

Medtronic (Stock Quote)

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%

 

Nucor (Stock Quote)

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:

Abbott Laboratories (ABT)

Archer Daniels Midland (ADM)

C. R. Bard (BCR)

Colgate-Palmolive (CL)

Family Dollar Stores (FDO)

National Fuel Gas (NFG)

Piedmont Natural Gas Inc (PNY)

SEI Investment Corporation (SEIC)

Target Corporation (TGT)

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)

The Coca-Cola Company (KO)

Leggett & Platt Incorporated (LEG)

Friday, December 12:

T. Rowe Price Group, Inc. (TROW)

Ecolab (ECL)

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.

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