Procter & Gamble, manufacturer of Crest toothpaste, increased its dividend for the 60th straight year this week. Photo: Flickr.com/Jason Tester
This week saw another five members of the High Yield Dividend Aristocrats announce their next regular dividend payments. Included in the five companies, Procter & Gamble joined the ranks of the ultra-elite dividend growers with its 60th consecutive year of dividend growth. Read on for the details….
S&P 500 Dividend Aristocrats
Automatic Data Processing, Inc. (ADP)
Industry: Technology – Business Software
Dividend Payment: 53 cents per share
Dividend Paid On: 7/1
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 6/8
Number of Years of Dividend Increases: 42
Current Forward Yield: 2.35%
The Procter & Gamble Company (PG)
Industry: Consumer Goods
Dividend Payment: 66.95 cents per share – up 1.0% from prior level of 66.29 cents
Dividend Paid On: 5/16
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 4/14
Number of Years of Dividend Increases: 60
Current Forward Yield: 3.22%
S&P 500 High Yield Dividend Aristocrats
Industry: Specialty Chemicals
Dividend Payment: 14 cents per share – up 7.7% from prior level of 13 cents
Dividend Paid On: 5/5
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 4/19
Number of Years of Dividend Increases: 47
Current Forward Yield: 1.31%
Industry: Specialty Chemicals
Dividend Payment: 27.5 cents per share
Dividend Paid On: 4/29
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 4/14
Number of Years of Dividend Increases: 42
Current Forward Yield: 2.25%
Tanger Factory Outlet Centers (SKT)
Industry: REIT
Dividend Payment: 32.5 cents per share – up 14.0% from prior level of 28.5 cents
Dividend Paid On: 5/13
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 4/27
Number of Years of Dividend Increases: 22
Current Forward Yield: 3.59%
Next Week’s Ex-Dividend Stocks
Tuesday, April 12:
Wednesday, April 13:
Thursday, April 14:
The Procter & Gamble Company (PG)
Friday, April 15:
None.
Monday, April 18:
None.