The Coca-Cola Company increased its dividend for the 54th straight year this week.
Photo: Freeimages.com/Rosika Voermans

Note: Post edited after publication to add Walmart’s announced dividend increase this week.

Thirteen members of the High Yield Dividend Aristocrats announced their latest dividend payments this week.  Among those companies that announced increases was Genuine Parts Company, which entered its 6th decade of dividend growth, and acquisition target Questar Corporation.

S&P 500 Dividend Aristocrats

AbbVie Inc. (ABBV)

Industry: Healthcare – Pharmaceuticals

Dividend Payment: 57 cents per share

Dividend Paid On: 5/16

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 4/13

Number of Years of Dividend Increases: 44

Current Forward Yield: 4.20%

 

Abbott (ABT)

Industry: Healthcare – Medical Equipment

Dividend Payment: 26 cents per share

Dividend Paid On: 5/16

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 4/13

Number of Years of Dividend Increases: 44

Current Forward Yield: 2.70%

 

Franklin Resources, Inc. (BEN)

Industry: Financial – Asset Management

Dividend Payment: 18 cents per share

Dividend Paid On: 4/15

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 3/29

Number of Years of Dividend Increases: 34

Current Forward Yield: 2.11%

 

The Coca-Cola Company (KO)

Industry: Food & Beverages

Dividend Payment: 35 cents per share – up 6.1% from prior level of 33 cents

Dividend Paid On: 4/1

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 3/11

Number of Years of Dividend Increases: 54

Current Forward Yield: 3.20%

 

Genuine Parts Company (GPC)

Industry: Specialty Retail

Dividend Payment: 65.75 cents per share – up 6.9% from prior level of 61.5 cents

Dividend Paid On: 4/1

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 3/2

Number of Years of Dividend Increases: 60

Current Forward Yield: 2.86%

 

The Sherwin-Williams Company (SHW)

Industry: Specialty Chemicals

Dividend Payment: 84 cents per share – up 25.4% from prior level of 67 cents

Dividend Paid On: 3/11

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 2/25

Number of Years of Dividend Increases: 38

Current Forward Yield: 1.32%

 

Stanley, Black & Decker, Inc. (SWK)

Industry: Industrial Goods – Machinery

Dividend Payment: 55 cents per share

Dividend Paid On: 3/22

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 2/29

Number of Years of Dividend Increases: 47

Current Forward Yield: 2.39%

 

Sysco Corporation (SYY)

Industry: Business Services – Wholesale Foods

Dividend Payment: 31 cents per share

Dividend Paid On: 4/22

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 3/30

Number of Years of Dividend Increases: 40

Current Forward Yield: 2.76%

 

T. Rowe Price Group, Inc. (TROW)

Industry: Financial – Asset Management

Dividend Payment: 54 cents per share – up 3.8% from prior level of 52 cents

Dividend Paid On: 3/30

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 3/14

Number of Years of Dividend Increases: 30

Current Forward Yield: 3.14%

 

Walmart (WMT)

Industry: Retail

Dividend Payment: 50 cents per share – up 2.0% from prior level of 49 cents

Dividend Paid On: 4/4

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 3/9

Number of Years of Dividend Increases: 43

Current Forward Yield: 3.09%

S&P 500 High Yield Dividend Aristocrats

Essex Property Trust, Inc. (ESS)

Industry: REIT

Dividend Payment: $1.60 per share – up 11.1% from prior level of $1.44

Dividend Paid On: 4/15

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 3/29

Number of Years of Dividend Increases: 22

Current Forward Yield: 3.09%

 

Questar Corporation (STR)

Industry: Utilities – Gas

Dividend Payment: 22 cents per share – up 4.8% from prior level of 21 cents

Dividend Paid On: 3/14

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 2/24

Number of Years of Dividend Increases: 44

Current Forward Yield: 3.53%

 

Telephone & Data Systems, Inc. (TDS)

Industry: Telecommunications

Dividend Payment: 14.8 cents per share – up 5.0% from prior level of 14.1 cents

Dividend Paid On: 3/31

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 3/15

Number of Years of Dividend Increases: 42

Current Forward Yield: 2.62%

Next Week’s Ex-Dividend Stocks

Tuesday, February 23:

McGraw Hill Financial, Inc. (MHFI)

Sonoco Products Company (SON)

Wednesday, February 24:

Questar Corporation (STR)

Thursday, February 25:

None.

Friday, February 26:

CDK Global, Inc. (CDK)

The Coca-Cola Company (KO)

McDonald’s (MCD)

Realty Income Corporation (O)

Monday, February 29:

Dover Corporation (DOV)

Stanley, Black & Decker, Inc. (SWK)