W. W. Grainger announced a 4.3% dividend increase this week.  The company
has increased dividends for 45 consecutive years.
Photo: Flickr.com/Scott Lewis

Five companies announced annual increases in their dividend payouts, part of dividend announcements by 15 members of the S&P High Yield Dividend Aristocrats index.  Among the companies announcing increases were W. W. Grainger, Exxon Mobil and Aerospace and Defense company United Technologies.  Read on for all the announcement details…

S&P 500 Dividend Aristocrats

AFLAC, Inc. (AFL)

Industry: Financial – Insurance

Dividend Payment: 41 cents per share

Dividend Paid On: 6/1

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 5/16

Number of Years of Dividend Increases: 34

Current Forward Yield: 2.88%

 

Chevron (CVX)

Industry: Energy

Dividend Payment: $1.07 per share

Dividend Paid On: 6/10

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 5/17

Number of Years of Dividend Increases: 29

Current Forward Yield: 4.19%

 

Genuine Parts Company (GPC)

Industry: Consumer Retail

Dividend Payment: 65.75 cents per share

Dividend Paid On: 7/1

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 6/1

Number of Years of Dividend Increases: 60

Current Forward Yield: 2.74%

 

W. W. Grainger (GWW)

Industry: Business Services – Retail

Dividend Payment: $1.22 per share – up 4.3% from prior level of $1.17

Dividend Paid On: 6/1

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

Number of Years of Dividend Increases: 45

Current Forward Yield: 2.08%

 

HCP, Inc. (HCP)

Industry: REIT

Dividend Payment: 57.5 cents per share

Dividend Paid On: 5/24

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

Number of Years of Dividend Increases: 31

Current Forward Yield: 6.80%

 

Johnson & Johnson (JNJ)

Industry: Healthcare – Pharmaceuticals

Dividend Payment: 80 cents per share – up 6.7% from prior level of 75 cents

Dividend Paid On: 6/7

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 5/20

Number of Years of Dividend Increases: 54

Current Forward Yield: 2.68%

 

The Coca Cola Company (KO)

Industry: Beverages

Dividend Payment: 35 cents per share

Dividend Paid On: 7/1

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 6/13

Number of Years of Dividend Increases: 54

Current Forward Yield: 3.13%

 

McGraw Hill Financial (MHFI)

Industry: Business Services – Publishing

Dividend Payment: 36 cents per share

Dividend Paid On: 6/10

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 5/24

Number of Years of Dividend Increases: 43

Current Forward Yield: 1.33%

 

T. Rowe Price Group, Inc. (TROW)

Industry: Financial – Asset Management

Dividend Payment: 54 cents per share

Dividend Paid On: 6/29

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 6/13

Number of Years of Dividend Increases: 30

Current Forward Yield: 2.87%

 

V.F. Corporation (VFC)

Industry: Consumer Goods – Clothing

Dividend Payment: 37 cents per share

Dividend Paid On: 6/20

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 6/8

Number of Years of Dividend Increases: 44

Current Forward Yield: 2.35%

 

Exxon Mobil Corporation (XOM)

Industry: Energy

Dividend Payment: 75 cents per share – up 2.7% from prior level of 73 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: 3.39%

 

S&P 500 High Yield Dividend Aristocrats

Cullen/Frost Bankers Inc. (CFR)

Industry: Regional Banking

Dividend Payment: 54 cents per share – up 1.9% from prior level of 53 cents

Dividend Paid On: 6/15

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 5/27

Number of Years of Dividend Increases: 23

Current Forward Yield: 3.38%

 

Praxair, Inc. (PX)

Industry: Chemicals

Dividend Payment: 75 cents per share

Dividend Paid On: 6/15

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 6/3

Number of Years of Dividend Increases: 23

Current Forward Yield: 2.55%

 

UGI Corporation (UGI)

Industry: Utilities – Diversified

Dividend Payment: 23.75 cents per share – up 4.4% from prior level of 22.75 cents

Dividend Paid On: 7/1

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 6/13

Number of Years of Dividend Increases: 29

Current Forward Yield: 2.36%

 

United Technologies Corporation (UTX)

Industry: Aerospace & Defense

Dividend Payment: 66 cents per share – up 3.1% from prior level of 64 cents

Dividend Paid On: 6/10

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 5/18

Number of Years of Dividend Increases: 23

Current Forward Yield: 2.53%

 

Next Week’s Ex-Dividend Stocks

Tuesday, May 3:

None.

Wednesday, May 4:

None.

Thursday, May 5:

W. W. Grainger (GWW)

HCP, Inc. (HCP)

Friday, May 6:

PPG Industries (PPG)

Walmart (WMT)

Monday, May 9:

None.