Consolidated Edison Dividend Growth

Dividend Growth Stocks Week in Review for January 22, 2016

Consolidated Edison, which provides electric service to the Greater New York City
region, announced their 42nd straight year of dividend growth this week.
Photo: Freeimages.com/Noel Abejo

Six members of the S&P High Yield Dividend Aristocrats index, which includes the S&P 500 Dividend Aristocrats, announced their quarterly dividends this week.  This includes Consolidated Edison’s annual dividend increase along with dividend payments from specialty chemical manufacturers H. B. Fuller and PPG Industries.

S&P 500 Dividend Aristocrats

Automatic Data Processing, Inc. (ADP)

Industry: Technology – Business Software

Dividend Payment: 53 cents per share

Dividend Paid On: 4/1

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 3/9

Number of Years of Dividend Increases: 41

Current Forward Yield: 2.61%

 

Consolidated Edison, Inc. (ED)

Industry: Utilities

Dividend Payment: 67 cents per share – up 3.1% from prior level of 65 cents

Dividend Paid On: 3/15

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 2/12

Number of Years of Dividend Increases: 42

Current Forward Yield: 3.94%

 

PPG Industries (PPG)

Industry: Specialty Chemicals

Dividend Payment: 36 cents per share

Dividend Paid On: 3/11

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 2/17

Number of Years of Dividend Increases: 44

Current Forward Yield: 1.55%

 

S&P 500 High Yield Dividend Aristocrats

Brown & Brown, Inc. (BRO)

Industry: Insurance

Dividend Payment: 12.25 cents per share

Dividend Paid On: 2/17

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 2/1

Number of Years of Dividend Increases: 22

Current Forward Yield: 1.67%

 

CDK Global, Inc. (CDK)

Industry: Technology – Business Software

Dividend Payment: 13.5 cents per share

Dividend Paid On: 3/29

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 2/26

Number of Years of Dividend Increases: 41

Current Forward Yield: 1.25%

 

H. B. Fuller, Inc. (FUL)

Industry: Specialty Chemicals

Dividend Payment: 13 cents per share

Dividend Paid On: 2/18

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 2/2

Number of Years of Dividend Increases: 46

Current Forward Yield: 1.50%

 

Next Week’s Ex-Dividend Stocks

Tuesday, January 26:

None.

Wednesday, January 27:

A. O. Smith Corporation (AOS)

Eaton Vance Corporation (EV)

National Retail Properties, Inc. (NNN)

People’s United Financial, Inc. (PBCT)

Pentair plc (PNR)

Tanger Factory Outlet Centers (SKT)

Thursday, January 28:

Realty Income Corporation (O)

Friday, January 29:

None.

Monday, February 1:

Brown & Brown, Inc. (BRO)