Photo: Flickr.com/The Impulsive Buy
Five members of the S&P High Yield Dividend Aristocrats announced quarterly dividends this week, with one of them – home improvement retailer Lowe’s – increasing its dividend by 25%. Read on for the details….
S&P 500 Dividend Aristocrats
Becton, Dickinson and Company (BDX)
Industry: Healthcare – Medical Instruments
Dividend Payment: 66 cents per share
Dividend Paid On: 6/30
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 6/7
Number of Years of Dividend Increases: 45
Current Forward Yield: 1.58%
Hormel Foods Corporation (HRL)
Industry: Food & Beverage
Dividend Payment: 14.5 cents per share
Dividend Paid On: 8/15
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 7/14
Number of Years of Dividend Increases: 50
Current Forward Yield: 1.67%
Industry: Retail
Dividend Payment: 35 cents per share – up 25.0% from prior level of 28 cents
Dividend Paid On: 8/3
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 7/18
Number of Years of Dividend Increases: 33
Current Forward Yield: 1.74%
S&P 500 High Yield Dividend Aristocrats
SEI Investments Company (SEIC)
Industry: Asset Management
Dividend Payment: 26 cents per share
Dividend Paid On: 6/22
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 6/10
Number of Years of Dividend Increases: 26
Current Forward Yield: 1.01%
Telephone & Data Systems, Inc. (TDS)
Industry: Technology – Telecom
Dividend Payment: 14.8 cents per share
Dividend Paid On: 6/30
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 6/14
Number of Years of Dividend Increases: 42
Current Forward Yield: 2.06%
Next Week’s Ex-Dividend Stocks
Tuesday, May 31:
The Brown-Forman Company (BF-B)
Wednesday, June 1:
Old Republic International Corporation (ORI)
Thursday, June 2:
None.
Friday, June 3:
Monday, June 6:
None.