United Bankshares Dividend Growth

Dividend Growth Stocks Week in Review for August 28, 2015

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