Walmart announced its 44th year of dividend growth this week. Photo: Flickr.com/Mike Mozart
Retailer Walmart was among seven dividend growth companies to announce their annual increases this week. Another six companies will announce their increases next week, including defense contractor General Dynamics and retailers TJX Companies and Ross Stores.
Dividend Increases Announced This Week
Industry: Specialty Chemicals
Dividend Payment: 33.5 cents per share – up 4.7% from prior level of 32 cents
Dividend Paid On: 4/2
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 3/14
Number of Years of Dividend Increases: 24
Current Forward Yield: 1.13%
Industry: Financial – Insurance
Dividend Payment: 73 cents per share – up 2.8% from prior level of 71 cents
Dividend Paid On: TBA
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): TBA
Number of Years of Dividend Increases: 25
Current Forward Yield: 2.04%
Industry: REIT – Residential
Dividend Payment: 1.86 per share – up 6.3% from prior level of $1.75
Dividend Paid On: 4/16
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 3/28
Number of Years of Dividend Increases: 24
Current Forward Yield: 3.28%
Industry: Retail – Specialty
Dividend Payment: 72 cents per share – up 6.7% from prior level of 67.5 cents
Dividend Paid On: 4/2
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 3/8
Number of Years of Dividend Increases: 62
Current Forward Yield: 3.07%
Old Republic International Corporation (ORI)
Industry: Financial – Insurance
Dividend Payment: 19.5 cents per share – up 2.6% from prior level of 19 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: 37
Current Forward Yield: 3.87%
Telephone & Data Systems (TDS)
Industry: Technology – Telecom
Dividend Payment: 16 cents per share – up 3.2% from prior level of 15.5 cents
Dividend Paid On: 3/29
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 3/15
Number of Years of Dividend Increases: 44
Current Forward Yield: 2.32%
Industry: Retail
Dividend Payment: 52 cents per share – up 2.0% from prior level of 51 cents
Dividend Paid On: 4/2
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 3/9
Number of Years of Dividend Increases: 44
Current Forward Yield: 2.24%