Dividend Growth Stocks Week in Review for March 18, 2016

Roper Industries, which announced its quarterly dividend this week, manufactures
RFID chips used for multiple applications including high speed toll booths.
Photo: Freeimages.com/Phillip Flores

This was another week of very few dividend announcements, with only two companies announcing their quarterly dividend payouts.  Roper Industries, manufacturer of products in various niche markets, continues its 23rd year of dividend growth.

S&P 500 Dividend Aristocrats

Lowe’s Companies, Inc. (LOW)

Industry: Retail

Dividend Payment: 28 cents per share

Dividend Paid On: 5/4

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 4/18

Number of Years of Dividend Increases: 32

Current Forward Yield: 1.51%

S&P 500 High Yield Dividend Aristocrats

Roper Industries (ROP)

Industry: Industrial Goods

Dividend Payment: 30 cents per share

Dividend Paid On: 4/22

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

Number of Years of Dividend Increases: 23

Current Forward Yield: 0.66%

Next Week’s Ex-Dividend Stocks

Tuesday, March 22:

None.

Wednesday, March 23:

Piedmont Natural Gas, Inc. (PNY)

Thursday, March 24:

None.

Friday, March 25:

None.

Monday, March 28:

None.

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