Universal Corporation supplies tobacco, like these plants shown here, worldwide.
The company announced its 47th year of dividend growth this week.
Photo: Flickr.com/Karoly Lorentey

Five long time dividend growth stocks announced their annual increases this week, including ADP with a 10.5% increase in its 43rd year of dividend growth and Atmos Energy with a nearly 8% increase as it begins its 3rd decade of dividend growth.  Another five companies should announce their annual increases next week.

Dividend Increases Announced This Week

ADP, Inc. (ADP)

Industry: Technology – Business Software

Dividend Payment: 63 cents per share – up 10.5% from prior level of 57 cents

Dividend Paid On: 1/1/2018

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/7

Number of Years of Dividend Increases: 43

Current Forward Yield: 2.27%

 

Atmos Energy Corporation (ATO)

Industry: Utilities – Gas

Dividend Payment: 48.5 cents per share – up 7.8% from prior level of 45 cents

Dividend Paid On: 11/24

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/11

Number of Years of Dividend Increases: 30

Current Forward Yield: 2.18%

 

Emerson (EMR)

Industry: Industrial Goods

Dividend Payment: 48.5 cents per share – up 1.0% from prior level of 48 cents

Dividend Paid On: 12/11

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 11/16

Number of Years of Dividend Increases: 61

Current Forward Yield: 3.15%

 

United Bankshares Inc. (UBSI)

Industry: Financial –Banking

Dividend Payment: 34 cents per share – up 3.0% from prior level of 33 cents

Dividend Paid On: 1/2/2018

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/7

Number of Years of Dividend Increases: 43

Current Forward Yield: 3.98%

 

Universal Corporation (UVV)

Industry: Consumer Goods – Tobacco Products

Dividend Payment: 55 cents per share – up 1.9% from prior level of 54 cents

Dividend Paid On: 2/5/2018

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 1/5/2018

Number of Years of Dividend Increases: 47

Current Forward Yield: 3.88%

 

Dividend Increase Announcements Expected Next Week

Brown-Forman Corporation (BF-B)

CDK Global (CDK)

Matthews International Corporation (MATW)

MDU Resources Group Inc. (MDU)

Sysco Corporation (SYY)