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%