Steel and iron producer Nucor announced its 42nd year of dividend growth this week. Photo: Freeimages.com/Alp Yetiskin
Four dividend growth stocks announced their latest dividends this week. And two – Dividend Aristocrats Ecolab and Nucor – increased dividends for the 29th and 42nd straight year.
S&P 500 Dividend Aristocrats
Industry: Insurance
Dividend Payment: 57 cents per share
Dividend Paid On: 1/5
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/16
Number of Years of Dividend Increases: 33
Current Forward Yield: 1.72%
Industry: Cleaning Products
Dividend Payment: 35 cents per share – up 6.1% from prior level of 33 cents
Dividend Paid On: 1/15
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/11
Number of Years of Dividend Increases: 29
Current Forward Yield: 1.11%
Industry: Metals
Dividend Payment: 37.5 cents per share – up 0.7% from prior level of 37.25 cents
Dividend Paid On: 2/11
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/29
Number of Years of Dividend Increases: 42
Current Forward Yield: 3.63%
S&P 500 High Yield Dividend Aristocrats
General Dynamics Corporation (GD)
Industry: Defense & Aerospace
Dividend Payment: 69 cents per share
Dividend Paid On: 2/5
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 1/13
Number of Years of Dividend Increases: 24
Current Forward Yield: 1.92%
Next Week’s Ex-Dividend Stocks
Tuesday, December 8:
MDU Resources Group, Inc. (MDU)
Wednesday, December 9:
United Bankshares, Inc. (UBSI)
Thursday, December 10:
None.
Friday, December 11:
Mercury General Corporation (MCY)
Monday, December 14:
Cincinnati Financial Corporation (CINF)
Telephone & Data Systems, Inc. (TDS)
T. Rowe Price Group, Inc. (TROW)