Dividend Increase Announcements for the Week Ending June 23, 2017

Medtronic began its 4th decade of dividend growth this week.
Photo: Flickr.com/Gabriel Flores Romero

After last week’s 6 dividend increases, things were a little slower this week with only 2 dividend increase announcements.  Publisher John Wiley & Sons and medical equipment manufacturer Medtronic both announced increases, with Medtronic beginning its 4th decade of dividend growth.  Neither company has a tremendous yield – both companies’ yields are in the low-to-mid 2% range.

Dividend Increases Announced This Week

John Wiley & Sons (JW-A)

Industry: Business Services – Publishing

Dividend Payment: 32 cents per share – up 3.2% from prior level of 31 cents

Dividend Paid On: 7/19

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 6/30

Number of Years of Dividend Increases: 24

Current Forward Yield: 2.45%

 

Medtronic plc (MDT)

Industry: Healthcare – Medical Equipment

Dividend Payment: 46 cents per share – up 7.0% from prior level of 43 cents

Dividend Paid On: 7/26

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 7/5

Number of Years of Dividend Increases: 40

Current Forward Yield: 2.06%

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