3M Dividends

Dividend Growth Stocks Week in Review for August 12, 2016

3M, maker of Post-It Notes, announced its quarterly dividend payment this week.
Photo: Freeimages.com/Colin Smith

This week seven members of the S&P High Yield Dividend Aristocrats index announced their regular dividends. Notable among them was a 12.5% increase from Nordson Corporation – its 54th year of dividend growth – and widely held S&P 500 member 3M. Here’s the full list of companies:

S&P 500 Dividend Aristocrats

Cardinal Health (CAH)

Industry: Business Services

Dividend Payment: 44.89 cents per share

Dividend Paid On: 10/15

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 9/29

Number of Years of Dividend Increases: 32

Current Forward Yield: 2.15%

 

Cincinnati Financial Corporation (CINF)

Industry: Financial – Insurance

Dividend Payment: 48 cents per share

Dividend Paid On: 10/14

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 9/19

Number of Years of Dividend Increases: 55

Current Forward Yield: 2.53%

 

3M (MMM)

Industry: Industrial Goods

Dividend Payment: $1.11 per share

Dividend Paid On: 9/12

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 8/17

Number of Years of Dividend Increases: 57

Current Forward Yield: 2.46%

 

S&P 500 High Yield Dividend Aristocrats

CDK Global (CDK)

Industry: Technology – Business Software

Dividend Payment: 13.5 cents per share

\Dividend Paid On: 9/30

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 9/14

Number of Years of Dividend Increases: 42*

Current Forward Yield: 0.92%

*Includes years prior to spin off from Automatic Data Processing, Inc.

 

Chubb Limited (CB)

Industry: Financial – Insurance

Dividend Payment: 69 cents per share

Dividend Paid On: 10/21

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 9/28

Number of Years of Dividend Increases: 23

Current Forward Yield: 2.18%

 

MDU Resources Group (MDU)

Industry: Industrial Goods – Building Materials

Dividend Payment: 18.75 cents per share

Dividend Paid On: 10/1

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 9/6

Number of Years of Dividend Increases: 26

Current Forward Yield: 3.18%

 

Nordson Corporation (NDSN)

Industry: Industrial Goods – Fluid Management

Dividend Payment: 27 cents per share – up 12.5% from prior level of 24 cents

Dividend Paid On: 9/6

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 8/19

Number of Years of Dividend Increases: 53

Current Forward Yield: 1.19%

 

Next Week’s Ex-Dividend Stocks

Tuesday, August 16:

Carlisle Companies (CSL)

Aqua America (WTR)

Wednesday, August 17:

Chevron (CVX)

3M (MMM)

The Sherwin-Williams Company (SHW)

Questar Corporation (STR)

Walgreens Boots Alliance (WBA)

United Technologies Corporation (UTX)

Thursday, August 18:

Atmos Energy Corporation (ATO)

Friday, August 19:

Johnson & Johnson (JNJ)

Nordson Corporation (NDSN)

Monday, August 22:

AFLAC (AFL)