McCormick Spices Up Its Dividend for the 31st Straight Year

Photo: Flickr.com/Colin Houston

Spice and flavoring company McCormick & Company announced its 31st straight year of dividend growth this week, rewarding investors with a nearly 11% increase.  In addition, metals company Nucor announced its 44th year of dividend growth.  You can see the details of the increases below:

Dividend Increases Announced This Week

McCormick & Co. Inc. (MKC)

Industry: Food & Beverages – Food

Dividend Payment: 52 cents per share – up 10.6% from prior level of 47 cents

Dividend Paid On: 1/16/2018

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/28

Number of Years of Dividend Increases: 31

Current Forward Yield: 2.02%

 

Nucor Corporation (NUE)

Industry: Metals

Dividend Payment: 38 cents per share – up 0.7% from prior level of 37.75 cents

Dividend Paid On: 2/9/2018

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/28

Number of Years of Dividend Increases: 44

Current Forward Yield: 2.65%

 

Dividend Increase Announcements Expected Next Week

C. H. Robinson Worldwide (CHRW)

Ecolab (ECL)

Pentair plc (PNR)

Stryker Corporation (SYK)

 

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