Photo courtesy Mike Mozart/flickr.com.
It was a very quiet week for dividend growth stocks, with only three announcing dividend payments. One of them, Sigma-Aldrich, is being acquired by Merck KGaA, so investors will see that income stream stop once the acquisition is approved. An insurance company, Old Republic International, and a regional banking holding company, United Bankshares, round out the dividend announcements for the week.
S&P 500 Dividend Aristocrats
Sigma-Aldrich Corporation (SIAL)
Industry: Specialty Chemicals
Dividend Payment: 23 cents per share
Dividend Paid On: 9/15
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 8/28
Number of Years of Dividend Increases: 28
Current Forward Yield: 0.66%
**Note: Sigma-Aldrich Corporation is currently being acquired by Merck KGaA of Germany. The acquisition is currently pending regulatory approval.
S&P 500 High Yield Dividend Aristocrats
Old Republic International Corporation (ORI)
Industry: Insurance
Dividend Payment: 18.5 cents per share
Dividend Paid On: 9/15
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 9/2
Number of Years of Dividend Increases: 34
Current Forward Yield: 4.71%
United Bankshares, Inc. (UBSI)
Industry: Regional Banking
Dividend Payment: 32 cents per share
Dividend Paid On: 10/1
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 9/9
Number of Years of Dividend Increases: 41
Current Forward Yield: 3.44%
Next Week’s Ex-Dividend Stocks:
Tuesday, September 1:
None.
Wednesday, September 2:
Genuine Parts Company (GPC)
Kimberly-Clark Corporation (KMB)
Old Republic International (ORI)
PepsiCo (PEP)
Ross Stores (ROST)
Stanley, Black & Decker (SWK)
Thursday, September 3:
Praxair (PX)
V. F. Corporation (VFC)
Friday, September 4:
Becton, Dickenson & Company (BDX)
Brown-Forman Corporation (BF-B)
Monday, September 7:
Labor Day – Markets Closed