This week saw four dividend growth companies announce dividend payouts, including a distiller with a 31 year dividend growth record:
S&P 500 Dividend Aristocrats
Automated Data Processing, Inc. (ADP)
Industry: Business Software and Services
Dividend Payment: 49 cents per share
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: 40
Current Forward Yield: 2.26%
Southern Comfort and Jack Daniels are two of Brown-Forman’s brands that have powered the company’s dividend growth since 1985.
Photo courtesy Jeff Golden/flickr.com.
Industry: Beverages – Wineries & Distilleries
Dividend Payment: 31.5 cents per share
Dividend Paid On: 4/1
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 3/5
Number of Years of Dividend Increases: 31
Current Forward Yield: 1.36%
S&P 500 High Yield Dividend Aristocrats
Brown & Brown, Inc. (BRO)
Industry: Insurance Brokers
Dividend Payment: 11 cents per share
Dividend Paid On: 2/18
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 2/2
Number of Years of Dividend Increases: 21
Current Forward Yield: 1.39%
H.B. Fuller (FUL)
Industry: Specialty Chemicals
Dividend Payment: 12 cents per share
Dividend Paid On: 2/19
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 2/3
Number of Years of Dividend Increases: 45
Current Forward Yield: 1.18%
Next Week’s Ex-Dividend Stocks:
Tuesday, January 27:
None.
Wednesday, January 28:
A. O. Smith Corp. (AOS)
Eaton Vance Corp. (EV)
National Retail Properties, Inc. (NNN)
People’s United Financial Inc. (PBCT)
Tanger Factory Outlet Centers Inc. (SKT)
Thursday, January 29:
None.
Friday, January 30:
None.
Monday, February 2:
Brown & Brown, Inc. (BRO)
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.