Carlisle Companies' Interconnect Technologies division manufactures high-
performance wire and cable, fiber optic cable, and wire and cable assemblies
for the aerospace industry.
Photo: Flickr.com/Bernal Saborio

Three dividend growth companies announced annual increases this week.  Among them, Carlisle Companies has grown dividends for 41 straight years.  The company has its fingers in a variety of niche industries, including wire and cable production for the aerospace industry, and the production of roofing and waterproofing materials for the construction industry.  You can see the details for Carlisle and the other two companies that announced increases this week, along with two companies that I expect to announce annual dividend increases next week below:

Dividend Increases Announced This Week

Badger Meter, Inc. (BMI)

Industry: Technology – Scientific & Technical Instrumentation

Dividend Payment: 13 cents per share – up 13.0% from prior level of 11.5 cents

Dividend Paid On: 9/15

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 8/29

Number of Years of Dividend Increases: 25

Current Forward Yield: 1.18%

 

Carlisle Companies (CSL)

Industry: Consumer Goods

Dividend Payment: 37 cents per share – up 5.7% from prior level of 35 cents

Dividend Paid On: 9/1

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 8/16

Number of Years of Dividend Increases: 41

Current Forward Yield: 1.55%

 

Nordson Corporation (NDSN)

Industry: Industrial Goods – Machinery

Dividend Payment: 30 cents per share – up 11.1% from prior level of 27 cents

Dividend Paid On: 9/5

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 8/18

Number of Years of Dividend Increases: 54

Current Forward Yield: 0.94%

Dividend Increase Announcements Expected Next Week

Community Bank Systems, Inc. (CBU)

MGE Energy, Inc. (MGEE)