Dividend Increase Announcements for the Week Ending February 10, 2017

Post It manufacturer 3M extended its dividend growth streak to 58 years this week.
Photo: Freeimages.com/Piotr Bizior

Updated to include Church & Dwight, which announced its 20th annual dividend increase on the 7th.

Six dividend growth stocks announced increases this week, notably energy utility company Eversource Energy which now yields 3.3% while 3M increased its dividend streak to 58 years.

Dividend Increases Announced This Week

Archer Daniels Midland (ADM)

Industry: Consumer Goods

Dividend Payment: 32 cents per share – up 6.7% from prior level of 30 cents

Dividend Paid On: 3/14

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 2/16

Number of Years of Dividend Increases: 56

Current Forward Yield: 2.92%

 

Bemis Company (BMS)

Industry: Packaging & Containers

Dividend Payment: 30 cents per share – up 3.4% from prior level of 29 cents

Dividend Paid On: 3/1

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 2/16

Number of Years of Dividend Increases: 34

Current Forward Yield: 2.47%

 

Church & Dwight (CHD)

Industry: Consumer Goods

Dividend Payment: 19 cents per share – up 7.0% from prior level of 17.75 cents

Dividend Paid On: 3/1

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 2/16

Number of Years of Dividend Increases: 20

Current Forward Yield: 1.58%

 

Eversource Energy (ES)

Industry: Energy – Diversified

Dividend Payment: 47.5 cents per share – up 6.7% from prior level of 44.5 cents

Dividend Paid On: 3/31

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 2/28

Number of Years of Dividend Increases: 19

Current Forward Yield: 3.37%

 

3M (MMM)

Industry: Industrial Goods – Diversified

Dividend Payment: $1.175 per share – up 5.9% from prior level of $1.11

Dividend Paid On: 3/12

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 2/15

Number of Years of Dividend Increases: 58

Current Forward Yield: 2.63%

 

WGL Holdings (WGL)

Industry: Utilities – Gas

Dividend Payment: 51 cents per share – up 4.6% from prior level of 48.75 cents

Dividend Paid On: 5/1

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

Number of Years of Dividend Increases: 41

Current Forward Yield: 2.45%

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4 Comments

  1. RAnn says:

    Always love those pay raises

    • Jason says:

      RAnn:
      Absolutely! The regular annual increases help keep my investments ahead of inflation.

      Enjoy them and thanks for the comment!

      Cheers,
      HD

  2. These pay raises are like clockwork, the internal bliss that you just got a raise without asking is awesome 🙂