Steel and iron manufacturer Nucor Corporation has grown dividends for 42 years.
Photo: Freeimages.com/Alp Yetiskin

We saw seven companies announce quarterly dividends this week.  Two of them announced increases: insurer Old Republic International (with 35 years of dividend growth) and specialty chemical manufacturer Albemarle Corporation (22 years of dividend growth).

S&P 500 Dividend Aristocrats

Ecolab Inc. (ECL)

Industry: Business Services – Food & Hygiene Technologies

Dividend Payment: 35 cents per share

Dividend Paid On: 4/15

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

Number of Years of Dividend Increases: 29

Current Forward Yield: 1.32%

 

Leggett & Platt, Inc. (LEG)

Industry: Consumer Goods

Dividend Payment: 32 cents per share

Dividend Paid On: 4/15

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

Number of Years of Dividend Increases: 44

Current Forward Yield: 2.82%

 

Nucor Corporation (NUE)

Industry: Steel & Iron

Dividend Payment: 37.5 cents per share

Dividend Paid On: 5/11

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

Number of Years of Dividend Increases: 42

Current Forward Yield: 3.75%

 

S&P 500 High Yield Dividend Aristocrats

Albemarle Corporation (ALB)

Industry: Specialty Chemicals

Dividend Payment: 30.5 cents per share – up 5.2% from prior level of 29 cents

Dividend Paid On: 4/1

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

Number of Years of Dividend Increases: 22

Current Forward Yield: 2.16%

 

Chubb Limited (CB)

Industry: Financial – Insurance

Dividend Payment: 67 cents per share

Dividend Paid On: 4/21

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: 2.28%

 

Old Republic International Corporation (ORI)

Industry: Financial – Insurance

Dividend Payment: 18.75 cents per share – up 1.4% from prior level of 18.5 cents

Dividend Paid On: 3/15

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

Number of Years of Dividend Increases: 35

Current Forward Yield: 4.17%

 

The Valspar Corporation (VAL)

Industry: Specialty Chemicals

Dividend Payment: 33 cents per share

Dividend Paid On: 3/18

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

Number of Years of Dividend Increases: 38

Current Forward Yield: 1.67%

 

Next Week’s Ex-Dividend Stocks

Tuesday, March 1:

The Brown-Forman Corporation (BF-B)

Wednesday, March 2:

Genuine Parts Company (GPC)

Kimberly-Clark Corporation (KMB)

Old Republic International Corporation (ORI)

PepsiCo, Inc. (PEP)

Thursday, March 3:

Praxair, Inc. (PX)

Valspar Corporation (VAL)

Friday, March 4:

V. F. Corporation (VFC)

Monday, March 7:

Ross Stores (ROST)