Walmart announced its 43rd year of dividend growth this week. Photo: Flickr.com/JeepersMedia
Eight dividend growth companies announced their latest annual increases this week. Among them was retail powerhouse Walmart, with its 43rd year of dividend growth, and generic pharmaceutical manufacturer Perrigo, which increased its payout by more than 10%.
Dividend Increases Announced This Week
Industry: Chemicals – Specialty
Dividend Payment: 32 cents per share – up 4.9% from prior level of 30.5 cents
Dividend Paid On: 4/3
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 3/13
Number of Years of Dividend Increases: 23
Current Forward Yield: 1.38%
Industry: REIT
Dividend Payment: $1.75 per share – up 9.4% from prior level of $1.60
Dividend Paid On: 4/17
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 3/29
Number of Years of Dividend Increases: 23
Current Forward Yield: 3.01%
Industry: Retail – Specialty
Dividend Payment: 67.5 cents per share – up 2.7% from prior level of 65.75 cents
Dividend Paid On: 4/3
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 3/8
Number of Years of Dividend Increases: 61
Current Forward Yield: 2.81%
Old Republic International Corporation (ORI)
Industry: Financial – Insurance
Dividend Payment: 19 cents per share – up 1.3% from prior level of 18.75 cents
Dividend Paid On: 3/15
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 3/2
Number of Years of Dividend Increases: 36
Current Forward Yield: 3.64%
Perrigo Company plc (PRGO)
Industry: Healthcare – Pharmaceuticals
Dividend Payment: 16 cents per share – up 10.3% from prior level of 14.5 cents
Dividend Paid On: 3/21
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 3/1
Number of Years of Dividend Increases: 15
Current Forward Yield: 0.76%
Industry: Utilities – Diversified
Dividend Payment: 61.25 cents per share – up 6.5% from prior level of 57.50 cents
Dividend Paid On: 4/1
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 3/8
Number of Years of Dividend Increases: 17
Current Forward Yield: 3.55%
Telephone & Data Systems (TDS)
Industry: Technology – Telecom
Dividend Payment: 15.5 cents per share – up 4.7% from prior level of 14.8 cents
Dividend Paid On: 3/31
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 3/15
Number of Years of Dividend Increases: 43
Current Forward Yield: 2.08%
Industry: Retail
Dividend Payment: 51 cents per share – up 2.0% from prior level of 50 cents
Dividend Paid On: 4/3
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 3/8
Number of Years of Dividend Increases: 43
Current Forward Yield: 2.82%