Dividend Increase Announcements for the Week Ending August 4, 2017

Water utility Aqua America announced its 26th annual dividend increase this week.
Photo: Flickr.com/Tim Geers

I’m back from a break from the blog and the dividend growth stocks in the market aren’t disappointing.  We saw 5 increases from dividend growth stocks, including a blowout 20% increase from Illinois Tool Works.  I am also including in this week’s post the companies that I expect to announce their annual increases next week.  Let me know what you think!

Dividend Increases Announced This Week

Dover Corporation (DOV)

Industry: Industrial Goods – Machinery

Dividend Payment: 47 cents per share – up 6.8% from prior level of 44 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: 62

Current Forward Yield: 2.17%

 

International Flavors and Fragrances (IFF)

Industry: Specialty Chemicals

Dividend Payment: 69 cents per share – up 7.8% from prior level of 64 cents

Dividend Paid On: 10/5

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 9/21

Number of Years of Dividend Increases: 15

Current Forward Yield: 2.05%

 

Illinois Tool Works (ITW)

Industry: Industrial Goods – Machinery

Dividend Payment: 78 cents per share – up 20.0% from prior level of 65 cents

Dividend Paid On: 10/10

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 9/27

Number of Years of Dividend Increases: 55

Current Forward Yield: 2.18%

 

Federal Realty Investment Trust (FRT)

Industry: REIT

Dividend Payment: $1.00 per share – up 2.0% from prior level of 98 cents

Dividend Paid On: 10/16

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 9/20

Number of Years of Dividend Increases: 50

Current Forward Yield: 2.99%

 

Aqua America (WTR)

Industry: Utility – Water

Dividend Payment: 20.47 cents per share – up 7.0% from prior level of 19.13 cents

Dividend Paid On: 9/1

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 8/14

Number of Years of Dividend Increases: 26

Current Forward Yield: 2.43%

 

Dividend Increase Announcements Expected Next Week

Carlisle Companies (CSL)

Share this post:

Related Posts

Leave a Comment