In addition to defense contracts, General Dynamics also owns the Gulfstream brand. Photo: Flickr.com/Steven Byles
There were 6 dividend increases this week among the companies that I track. Notable among the dividend increases, S&P 500 component and future Dividend Aristocrat Stryker Corporation announced an 11.8% payout increase. See below for information on Stryker and the other companies that announced dividend payouts.
S&P 500 Dividend Aristocrats
Industry: Healthcare – Medical Equipment
Dividend Payment: 26.5 cents per share – up 1.9% from prior level of 26 cents
Dividend Paid On: 2/15/2017
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 1/11/2017
Number of Years of Dividend Increases: 45
Current Forward Yield: 2.70%
Industry: Consumer Goods
Dividend Payment: 37 cents per share – up 5.7% from prior level of 35 cents
Dividend Paid On: 1/17/2016
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/16
Number of Years of Dividend Increases: 30
Current Forward Yield: 1.23%
Industry: Healthcare – Medical Equipment
Dividend Payment: 43 cents per share
Dividend Paid On: 1/13/2017
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/21
Number of Years of Dividend Increases: 39
Current Forward Yield: 2.34%
Industry: Industrial Goods – Electrical Equipment
Dividend Payment: 34.5 cents per share – up 1.5% from prior level of 34 cents
Dividend Paid On: 2/10/2017
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 1/18/2017
Number of Years of Dividend Increases: 41
Current Forward Yield: 2.29%
S&P 500 High Yield Dividend Aristocrats
General Dynamics Corporation (GD)
Industry: Aerospace & Defense
Dividend Payment: 76 cents per share
Dividend Paid On: 2/10/2017
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 1/15/2017
Number of Years of Dividend Increases: 25
Current Forward Yield: 1.73%
Industry: Industrial Goods – Machinery
Dividend Payment: 27 cents per share
Dividend Paid On: 1/3/2017
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/14
Number of Years of Dividend Increases: 53
Current Forward Yield: 1.01%
National Fuel Gas Company (NFG)
Industry: Energy
Dividend Payment: 40.5 cents per share
Dividend Paid On: 1/13/2017
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/28
Number of Years of Dividend Increases: 46
Current Forward Yield: 2.78%
Other Notable Dividend Increase Announcements
C.H. Robinson Worldwide, Inc. (CHRW)
Industry: Business Services – Logistics
Dividend Payment: 45 cents per share – up 4.7% from prior level of 43 cents
Dividend Paid On: 12/30
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/15
Number of Years of Dividend Increases: 19
Current Forward Yield: 2.34%
Industry: Industrial Equipment – Fluid Handling
Dividend Payment: 36 cents per share – up 9.1% from prior level of 33 cents
Dividend Paid On: 2/1/2017
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 1/12/2017
Number of Years of Dividend Increases: 18
Current Forward Yield: 1.70%
Industry: Healthcare – Medical Equipment
Dividend Payment: 42.5 cents per share – up 11.8% from prior level of 38 cents
Dividend Paid On: 1/31/2017
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/28
Number of Years of Dividend Increases: 24
Current Forward Yield: 1.46%
Next Week’s Ex-Dividend Stocks
Tuesday, December 13:
Mercury General Corporation (MCY)
Wednesday, December 14:
Telephone & Data Systems (TDS)
Thursday, December 15:
None.
Friday, December 16:
Monday, December 19:
Cincinnati Financial Corporation (CINF)