Paint manufacturer PPG announced an 11% increase in its dividend this week. Photo: Flickr.com/Scott Lewis
Ten companies announced quarterly payouts this week, including three that announced increases. Among the announcements was Dividend Doubler Sherwin-Williams; paint manufacturer PPG announced an 11% dividend increase. See below for the details.
S&P 500 Dividend Aristocrats
Industry: Medical Instruments
Dividend Payment: 24 cents per share
Dividend Paid On: 5/13
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 4/28
Number of Years of Dividend Increases: 45
Current Forward Yield: 0.46%
Consolidated Edison, Inc. (ED)
Industry: Utilities – Electric
Dividend Payment: 67 cents per share
Dividend Paid On: 6/15
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 5/16
Number of Years of Dividend Increases: 42
Current Forward Yield: 3.77%
Industry: Chemicals – Specialty
Dividend Payment: 40 cents per share – up 11.1% from prior level of 36 cents
Dividend Paid On: 6/10
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 5/6
Number of Years of Dividend Increases: 45
Current Forward Yield: 1.41%
The Sherwin-Williams Company (SHW)
Industry: Chemicals – Specialty
Dividend Payment: 84 cents per share
Dividend Paid On: 6/3
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 5/18
Number of Years of Dividend Increases: 38
Current Forward Yield: 1.13%
Industry: Industrial Goods – Machinery
Dividend Payment: 55 cents per share
Dividend Paid On: 6/21
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 5/27
Number of Years of Dividend Increases: 48
Current Forward Yield: 1.96%
S&P 500 High Yield Dividend Aristocrats
Industry: Financial – Insurance
Dividend Payment: 12.25 cents per share
Dividend Paid On: 5/18
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 5/5
Number of Years of Dividend Increases: 23
Current Forward Yield: 1.43%
Commerce Bancshares, Inc. (CBSH)
Industry: Financial – Regional Banking
Dividend Payment: 22.5 cents per share
Dividend Paid On: 6/27
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 6/8
Number of Years of Dividend Increases: 48
Current Forward Yield: 1.92%
Linear Technology Corporation (LLTC)
Industry: Technology – Integrated Chips
Dividend Payment: 32 cents per share
Dividend Paid On: 5/25
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 5/11
Number of Years of Dividend Increases: 24
Current Forward Yield: 2.76%
People’s United Financial, Inc. (PBCT)
Industry: Financial – Regional Banking
Dividend Payment: 17 cents per share – up 1.5% from prior level of 16.75 cents
Dividend Paid On: 5/15
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 4/27
Number of Years of Dividend Increases: 24
Current Forward Yield: 4.23%
Industry: Packaging & Containers
Dividend Payment: 37 cents per share – up 5.7% from prior level of 35 cents
Dividend Paid On: 6/10
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 5/11
Number of Years of Dividend Increases: 34
Current Forward Yield: 3.12%
Next Week’s Ex-Dividend Stocks
Tuesday, April 26:
None.
Wednesday, April 27:
National Retail Properties, Inc. (NNN)
Tanger Factory Outlet Centers (SKT)
Thursday, April 28:
People’s United Financial, Inc. (PBCT)
Friday, April 29:
None.
Monday, May 2:
any of them worth buying