Inventions like Post-Its have powered more than half a century of dividend growth at 3M.
(Photo courtesy Michael Arrighi/flickr.com.)
This week, the following four dividend growth companies announced dividend payments:
S&P 500 Dividend Aristocrats
Industry: Diversified Manufacturer
Dividend Payment: 85.5 cents per share
Dividend Paid On: 12/12
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 11/19
Number of Years of Dividend Increases: 56
Next Dividend Increase Announcement: February 2015
Current Forward Yield: 2.16%
ADP has a 5-year dividend growth rate of 7.73%. 2014 is the company’s 40th year of dividend increases.
Industry: Business Services
Dividend Payment: 49 cents per share – up 2.1% from prior level of 48 cents
Dividend Paid On: 1/1/2015
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/10
Number of Years of Dividend Increases: 40
Next Dividend Increase Announcement: February 2015
Current Forward Yield: 2.31%
Kimberly-Clark Corporation (Stock Quote)
Industry: Consumer Products
Dividend Payment: 84 cents per share
Dividend Paid On: 1/5/2015
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/3
Number of Years of Dividend Increases: 42
Next Dividend Increase Announcement: February 2015
Current Forward Yield: 2.95%
Lowe’s Companies (Stock Quote)
Industry: Consumer Products
Dividend Payment: 23 cents per share
Dividend Paid On: 1/16/2015
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 2/4/2015
Number of Years of Dividend Increases: 31
Next Dividend Increase Announcement: February 2015
Current Forward Yield: 1.57%
S&P 500 High Yield Dividend Aristocrats
MDU Resources Group Inc. (Stock Quote)
Industry: Utilities
Dividend Payment: 18.25 cents per share – up 2.8% from prior level of 17.75 cents
Dividend Paid On: 1/1/2015
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/10
Number of Years of Dividend Increases: 24
Next Dividend Increase Announcement: February 2015
Current Forward Yield: 2.91%
Next Week’s Dividend Announcements
Abbott Labs (ABT)
ACE Limited (ACE)
Cincinnati Financial Corporation (CINF)
Genuine Parts Company (GPC)
Lowe’s Companies, Inc. (LOW)
Medtronic, Inc. (MDT)
Nordson Corporation (NDSN)
Old Republic International Corporation (ORI)
SEI Investments Corporation (SEIC)
Sysco (SYY)
Telephone & Data Systems (TDS)
Valspar Corporation (VAL)
Next Week’s Ex-Dividend Stocks:
Tuesday, November 18:
Archer Daniels Midland Company (ADM)
Wednesday, November 19:
UGI Corporation (UGI)
3M (MMM)
Thursday, November 20:
Atmos Energy Corporation (ATO)
Friday, November 21:
Johnson & Johnson (JNJ)
McGraw-Hill Financial (MHFI)
Nordson Corporation (NDSN)
Monday, November 24:
None.
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.