Chevron Corporation has grown dividends for 29 years; the company
announced its quarterly dividend this week.
Photo: Flickr.com/ford8n

It was another good week for dividend growth investors as 15 members of the S&P High Yield Dividend Aristocrats index announced regular dividend payouts.  Only one company – Realty Income Corporation – announced an increase, but beverage manufacturer Brown-Forman adjusted their dividend for a previously announced 2-for-1 split.  And along with its quarterly dividend, Linear Technology Corporation announced its acquisition by Analog Devices.

Also notably, McGraw-Hill Financial announced their first dividend under their new name: S&P Global, Inc.

S&P 500 Dividend Aristocrats

AFLAC, Inc. (AFL)

Industry: Financial – Insurance

Dividend Payment: 41 cents per share

Dividend Paid On: 9/1

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 8/22

Number of Years of Dividend Increases: 34

Current Forward Yield: 2.27%

 

Becton, Dickinson and Company (BDX)

Industry: Healthcare – Medical Instruments

Dividend Payment: 66 cents per share

Dividend Paid On: 9/30

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 9/7

Number of Years of Dividend Increases: 45

Current Forward Yield: 1.50%

 

The Brown-Forman Corporation (BF-B)

Industry: Beverages

Dividend Payment: 17 cents per share

Dividend Paid On: 10/3

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 8/30

Number of Years of Dividend Increases: 33

Current Forward Yield: 1.39%

**Dividend adjusted for 2-for-1 split effective August 8th

 

Chevron Corporation (CVX)

Industry: Integrated Oil & Gas

Dividend Payment: $1.07 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: 29

Current Forward Yield: 4.18%

 

ExxonMobil Corporation (XOM)

Industry: Integrated Oil & Gas

Dividend Payment: 75 cents per share

Dividend Paid On: 9/9

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 8/10

Number of Years of Dividend Increases: 34

Current Forward Yield: 3.37%

 

W. W. Grainger (GWW)

Industry: Business Services – Retail

Dividend Payment: $1.22 per share

Dividend Paid On: 9/1

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 8/4

Number of Years of Dividend Increases: 45

Current Forward Yield: 2.23%

 

HCP, Inc. (HCP)

Industry: REIT

Dividend Payment: 57.5 cents per share

Dividend Paid On: 8/23

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 8/4

Number of Years of Dividend Increases: 31

Current Forward Yield: 5.86%

 

McDonald’s (MCD)

Industry: Retail – Restaurants

Dividend Payment: 89 cents per share

Dividend Paid On: 9/16

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 8/30

Number of Years of Dividend Increases: 40

Current Forward Yield: 3.03%

 

S&P Global, Inc. (SPGI)

Industry: Financial – Business Services

Dividend Payment: 36 cents per share

Dividend Paid On: 9/12

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 8/24

Number of Years of Dividend Increases: 43

Current Forward Yield: 1.18%

**McGraw Hill Financial changed its name to S&P Global Inc. in April. It now trades under the ticker symbol SPGI.

 

S&P 500 High Yield Dividend Aristocrats

Commerce Bancshares, Inc. (CBSH)

Industry: Financial – Banking

Dividend Payment: 22.5 cents per share

Dividend Paid On: 9/26

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 9/7

Number of Years of Dividend Increases: 48

Current Forward Yield: 1.90%

 

Cullen/Frost Bankers (CFR)

Industry: Financial – Banking

Dividend Payment: 54 cents per share

Dividend Paid On: 9/15

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 8/29

Number of Years of Dividend Increases: 23

Current Forward Yield: 3.18%

 

Linear Technology Corporation (LLTC)

Industry: Technology

Dividend Payment: 32 cents per share

Dividend Paid On: 8/24

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 8/10

Number of Years of Dividend Increases: 24

Current Forward Yield: 2.13%

***Analog Devices (ADI) announced the acquisition of Linear Technologies this week.

 

Realty Income Corporation (O)

Industry: REIT

Dividend Payment: 20.15 cents per share – up 1.0% from prior level of 19.95 cents

Dividend Paid On: 9/15

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 8/30

Number of Years of Dividend Increases: 23

Current Forward Yield: 3.38%

****Realty Income Corporation pays dividends monthly.

 

Praxair, Inc. (PX)

Industry: Chemicals – Specialty

Dividend Payment: 75 cents per share

Dividend Paid On: 9/15

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

Number of Years of Dividend Increases: 24

Current Forward Yield: 2.57%

 

UGI Corporation (UGI)

Industry: Utilities – Diversified

Dividend Payment: 23.75 cents per share

Dividend Paid On: 10/1

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 9/13

Number of Years of Dividend Increases: 29

Current Forward Yield: 2.10%

 

Next Week’s Ex-Dividend Stocks

Tuesday, August 2:

None.

Wednesday, August 3:

None.

Thursday, August 4:

W. W. Grainger (GWW)

HCP, Inc. (HCP)

Friday, August 5:

Brown & Brown Inc. (BRO)

Walmart (WMT)

Monday, August 8:

PPG Industries, Inc. (PPG)