The Clorox Company announced its 38th consecutive year of dividend growth this
week, increasing the payout by nearly 4%.
Photo courtesy Mike Mozart/flickr.com.

It was a quiet week for dividend growth stocks, with only 5 companies announcing regular payouts and only one increasing its regular dividends.  Among them was the maker of Post-It Notes, with 56 consecutive years of dividend increases, announcing its next quarterly dividend payment.

Note: I will be taking a break from blogging and the newsletter over the Memorial Day holiday and for the next two weeks.  The next Dividend Growth Stocks Week in Review will be published on June 5th.

S&P 500 Dividend Aristocrats

The Clorox Company (CLX)

Industry: Housewares & Cleaning Products

Dividend Payment: 77 cents per share – up 3.9% from prior level of 74 cents

Dividend Paid On: 8/7

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 7/20

Number of Years of Dividend Increases: 38

Current Forward Yield: 2.82%

 

3M (MMM)

Industry: Diversified Conglomerate

Dividend Payment: $1.025 per share

Dividend Paid On: 6/12

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 5/20

Number of Years of Dividend Increases: 56

Current Forward Yield: 2.51%

S&P 500 High Yield Dividend Aristocrats

MDU Resources Group (MDU)

Industry: Diversified Energy & Building Materials

Dividend Payment: 18.25 cents per share

Dividend Paid On: 7/1

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

Number of Years of Dividend Increases: 24

Current Forward Yield: 3.55%

 

Nordson Corporation (NDSN)

Industry: Diversified Machinery

Dividend Payment: 22 cents per share

Dividend Paid On: 6/9

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 5/21

Number of Years of Dividend Increases: 52

Current Forward Yield: 1.06%

 

Realty Income Corporation (O)

Industry: REIT

Dividend Payment: 18.95 cents per share (paid monthly)

Dividend Paid On: 6/15

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 5/28

Number of Years of Dividend Increases: 21

Current Forward Yield: 4.74%

Next Week’s Ex-Dividend Stocks:

Tuesday, May 19:

Archer Daniels Midland (ADM)

Walgreens Boots Alliance (WBA)

Wednesday, May 20:

3M (MMM)

Thursday, May 21:

Johnson and Johnson (JNJ)

Atmos Energy Corporation (ATO)

Nordson Corporation (NDSN)

Friday, May 22:

McGraw-Hill Financial, Inc. (MHFI)

Monday, May 25:

Memorial Day.

Tuesday, May 26:

None.