Colgate-Palmolive announced its 54th year of dividend increases this week. Photo: Flickr.com/Sherman Geronimo-Tan
The post-earnings lull continued, as only 5 dividend growth companies announced payouts. Notably, Colgate-Palmolive increased its dividend for the 54th year.
Special thanks to newsletter subscriber PS for letting me know that Piedmont Natural Gas also announced a dividend increase this week. I’ve corrected the post.
I also fixed a mistake with the ex-dividend date for National Fuel Gas.
S&P 500 Dividend Aristocrats
Colgate-Palmolive Company (CL)
Industry: Consumer Goods
Dividend Payment: 39 cents per share – up 2.6% from prior level of 38 cents
Dividend Paid On: 5/16
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 4/20
Number of Years of Dividend Increases: 53
Current Forward Yield: 2.28%
Industry: Retailing
Dividend Payment: 56 cents per share
Dividend Paid On: 6/10
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 5/16
Number of Years of Dividend Increases: 45
Current Forward Yield: 2.74%
S&P 500 High Yield Dividend Aristocrats
National Fuel Gas Company (NFG)
Industry: Utilities – Gas
Dividend Payment: 39.5 cents per share
Dividend Paid On: 4/15
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 3/29
Number of Years of Dividend Increases: 45
Current Forward Yield: 3.21%
Piedmont Natural Gas, Inc. (PNY)
Industry: Utilities – Gas
Dividend Payment: 34 cents per share – up 3.0% from prior level of 33 cents
Dividend Paid On: 4/15
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 3/23
Number of Years of Dividend Increases: 38
Current Forward Yield: 2.28%
Industry: Utilities – Gas
Dividend Payment: 48.75 cents per share
Dividend Paid On: 5/1
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 4/6
Number of Years of Dividend Increases: 40
Current Forward Yield: 2.79%
Next Week’s Ex-Dividend Stocks
Tuesday, March 15:
Mercury General Corporation (MCY)
Telephone & Data Systems (TDS)
Wednesday, March 16:
None.
Thursday, March 17:
None.
Friday, March 18:
None.
Monday, March 21: