Dividend Growth Stocks Week in Review for May 27, 2016

Photo: Flickr.com/The Impulsive Buy

Five members of the S&P High Yield Dividend Aristocrats announced quarterly dividends this week, with one of them – home improvement retailer Lowe’s – increasing its dividend by 25%.  Read on for the details….

S&P 500 Dividend Aristocrats

Becton, Dickinson and Company (BDX)

Industry: Healthcare – Medical Instruments

Dividend Payment: 66 cents per share

Dividend Paid On: 6/30

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 6/7

Number of Years of Dividend Increases: 45

Current Forward Yield: 1.58%

 

Hormel Foods Corporation (HRL)

Industry: Food & Beverage

Dividend Payment: 14.5 cents per share

Dividend Paid On: 8/15

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

Number of Years of Dividend Increases: 50

Current Forward Yield: 1.67%

 

Lowe’s Companies, Inc. (LOW)

Industry: Retail

Dividend Payment: 35 cents per share – up 25.0% from prior level of 28 cents

Dividend Paid On: 8/3

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

Number of Years of Dividend Increases: 33

Current Forward Yield: 1.74%

 

S&P 500 High Yield Dividend Aristocrats

SEI Investments Company (SEIC)

Industry: Asset Management

Dividend Payment: 26 cents per share

Dividend Paid On: 6/22

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 6/10

Number of Years of Dividend Increases: 26

Current Forward Yield: 1.01%

 

Telephone & Data Systems, Inc. (TDS)

Industry: Technology – Telecom

Dividend Payment: 14.8 cents per share

Dividend Paid On: 6/30

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 6/14

Number of Years of Dividend Increases: 42

Current Forward Yield: 2.06%

 

Next Week’s Ex-Dividend Stocks

Tuesday, May 31:

The Brown-Forman Company (BF-B)

Wednesday, June 1:

Genuine Parts Company (GPC)

Old Republic International Corporation (ORI)

PepsiCo (PEP)

Thursday, June 2:

None.

Friday, June 3:

Praxair Inc. (PX)

Ross Stores (ROST)

Monday, June 6:

None.

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