Dividend Growth Stocks Week in Review for March 11, 2016

Colgate-Palmolive announced its 54th year of dividend increases this week.
Photo: Flickr.com/Sherman Geronimo-Tan

The post-earnings lull continued, as only 5 dividend growth companies announced payouts.  Notably, Colgate-Palmolive increased its dividend for the 54th year.

Special thanks to newsletter subscriber PS for letting me know that Piedmont Natural Gas also announced a dividend increase this week.  I’ve corrected the post.

I also fixed a mistake with the ex-dividend date for National Fuel Gas.

S&P 500 Dividend Aristocrats

Colgate-Palmolive Company (CL)

Industry: Consumer Goods

Dividend Payment: 39 cents per share – up 2.6% from prior level of 38 cents

Dividend Paid On: 5/16

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 4/20

Number of Years of Dividend Increases: 53

Current Forward Yield: 2.28%

 

Target Corporation (TGT)

Industry: Retailing

Dividend Payment: 56 cents per share

Dividend Paid On: 6/10

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 5/16

Number of Years of Dividend Increases: 45

Current Forward Yield: 2.74%

 

S&P 500 High Yield Dividend Aristocrats

National Fuel Gas Company (NFG)

Industry: Utilities – Gas

Dividend Payment: 39.5 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: 45

Current Forward Yield: 3.21%

 

Piedmont Natural Gas, Inc. (PNY)

Industry: Utilities – Gas

Dividend Payment: 34 cents per share – up 3.0% from prior level of 33 cents

Dividend Paid On: 4/15

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 3/23

Number of Years of Dividend Increases: 38

Current Forward Yield: 2.28%

 

WGL Holdings, Inc. (WGL)

Industry: Utilities – Gas

Dividend Payment: 48.75 cents per share

Dividend Paid On: 5/1

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 4/6

Number of Years of Dividend Increases: 40

Current Forward Yield: 2.79%

 

Next Week’s Ex-Dividend Stocks

Tuesday, March 15:

Mercury General Corporation (MCY)

Praxair, Inc. (PX)

Telephone & Data Systems (TDS)

Wednesday, March 16:

None.

Thursday, March 17:

None.

Friday, March 18:

None.

Monday, March 21:

Cincinnati Financial (CINF)

 

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