Target Corporation was one of two S&P Dividend Aristocrats that announced
its annual dividend increase this week.
Photo: Flickr.com/Mike Mozart

Nine members of the S&P High Yield Dividend Aristocrats announced quarterly dividends this week.  This includes two Aristocrats that announced increases – medical device manufacturer C. R. Bard and retailer Target Corporation.  Read on for the details….

S&P 500 Dividend Aristocrats

Abbott (ABT)

Industry: Healthcare – Medical Equipment

Dividend Payment: 26 cents per share

Dividend Paid On: 8/15

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 7/13

Number of Years of Dividend Increases: 44

Current Forward Yield: 2.71%

 

C. R. Bard (BCR)

Industry: Healthcare – Medical Instruments

Dividend Payment: 26 cents per share – up 8.3% from prior level of 24 cents

Dividend Paid On: 7/29

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 7/14

Number of Years of Dividend Increases: 45

Current Forward Yield: 0.46%

 

Colgate-Palmolive (CL)

Industry: Consumer Goods

Dividend Payment: 39 cents per share

Dividend Paid On: 8/15

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 7/20

Number of Years of Dividend Increases: 53

Current Forward Yield: 2.16%

 

Nucor Corporation (NUE)

Industry: Steel & Iron

Dividend Payment: 37.5 cents per share

Dividend Paid On: 8/11

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 6/28

Number of Years of Dividend Increases: 43

Current Forward Yield: 2.97%

 

Target Corporation (TGT)

Industry: Retail

Dividend Payment: 60 cents per share – up 7.1% from prior level of 56 cents

Dividend Paid On: 9/10

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 8/15

Number of Years of Dividend Increases: 45

Current Forward Yield: 3.54%

 

S&P 500 High Yield Dividend Aristocrats

Caterpillar Inc. (CAT)

Industry: Industrial Goods – Machinery

Dividend Payment: 77 cents per share

Dividend Paid On: 8/20

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 7/18

Number of Years of Dividend Increases: 23

Current Forward Yield: 4.05%

 

CDK Global, Inc. (CDK)

Industry: Business Software

Dividend Payment: 13.5 cents per share

Dividend Paid On: 6/30

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 6/16

Number of Years of Dividend Increases: 42*

Current Forward Yield: 0.95%

*Includes time prior to spinoff from ADP in 2014

 

Piedmont Natural Gas (PNY)

Industry: Utilities – Gas

Dividend Payment: 34 cents per share

Dividend Paid On: 7/15

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 6/22

Number of Years of Dividend Increases: 38

Current Forward Yield: 2.25%

 

United Technologies Corporation (UTX)

Industry: Aerospace & Defense

Dividend Payment: 66 cents per share

Dividend Paid On: 9/10

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 8/17

Number of Years of Dividend Increases: 23

Current Forward Yield: 2.59%

 

Next Week’s Ex-Dividend Stocks

Tuesday, June 14:

Mercury General Corporation (MCY)

Telephone & Data Systems (TDS)

Wednesday, June 15:

None.

Thursday, June 16:

CDK Global, Inc. (CDK)

Friday, June 17:

Ecolab (ECL)

Monday, June 20:

Cincinnati Financial (CINF)