Vectren Corporation, which provides energy services to parts of Indiana and Ohio, was one of five companies that announced dividend increases this week.
(Note: Updated Friday evening to include dividend increase announcements from CDK Global and United Bankshares.)
Thirteen companies announced their latest dividend payments this week, including five – energy companies Atmos Energy and Vectren Corporation, insurer Mercury General, business software developer CDK Global, and regional banking company United Bankshares – that announced increases. Check out the details….
S&P 500 Dividend Aristocrats
Archer Daniels Midland Company (ADM)
Industry: Consumer Products
Dividend Payment: 28 cents per share
Dividend Paid On: 12/9
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 11/16
Number of Years of Dividend Increases: 54
Current Forward Yield: 2.60%
Industry: Business Services – Healthcare
Dividend Payment: 38.7 cents per share
Dividend Paid On: 1/15
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/30
Number of Years of Dividend Increases: 31
Current Forward Yield: 1.76%
Industry: Consumer Goods
Dividend Payment: 32 cents per share
Dividend Paid On: 1/15
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/11
Number of Years of Dividend Increases: 44
Current Forward Yield: 2.76%
S&P 500 High Yield Dividend Aristocrats
Atmos Energy Corporation (ATO)
Industry: Utilities – Gas
Dividend Payment: 42 cents per share – up 7.7% from prior level of 39 cents
Dividend Paid On: 12/7
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 11/19
Number of Years of Dividend Increases: 28
Current Forward Yield: 2.81%
Industry: Packaging & Containers
Dividend Payment: 28 cents per share
Dividend Paid On: 12/1
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 11/16
Number of Years of Dividend Increases: 32
Current Forward Yield: 2.44%
Industry: Consumer Goods
Dividend Payment: 30 cents per share
Dividend Paid On: 12/1
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 11/16
Number of Years of Dividend Increases: 33
Current Forward Yield: 1.39%
Industry: Technology – Business Software
Dividend Payment: 13.5 cents per share – up x.x% from prior level of 12 cents
Dividend Paid On: 12/30
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 11/27
Number of Years of Dividend Increases: 41
Current Forward Yield: 1.09%
Expeditors International of Washington, Inc. (EXPD)
Industry: Business Services
Dividend Payment: 36 cents per share
Dividend Paid On: 12/15
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 11/27
Number of Years of Dividend Increases: 21
Current Forward Yield: 1.46%
**Note: Dividends issued semi-annually.
Mercury General Corporation (MCY)
Industry: Financial – Insurance
Dividend Payment: 62 cents per share – up 0.4% from prior level of 61.75 cents
Dividend Paid On: 12/29
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/11
Number of Years of Dividend Increases: 25
Current Forward Yield: 4.76%
Industry: Utilities – Gas
Dividend Payment: 21 cents per share
Dividend Paid On: 12/14
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 11/18
Number of Years of Dividend Increases: 43
Current Forward Yield: 4.23%
Telephone and Data Systems, Inc. (TDS)
Industry: Technology
Dividend Payment: 14.1 cents per share
Dividend Paid On: 12/30
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/14
Number of Years of Dividend Increases: 41
Current Forward Yield: 1.90%
United Bankshares, Inc. (UBSI)
Industry: Regional Banking
Dividend Payment: 33 cents per share – up 3.1% from prior level of 32 cents
Dividend Paid On: 1/4
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/9
Number of Years of Dividend Increases: 42
Current Forward Yield: 3.08%
Industry: Utilities – Diversified
Dividend Payment: 40 cents per share – up 5.3% from prior level of 38 cents
Dividend Paid On: 12/1
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 11/12
Number of Years of Dividend Increases: 56
Current Forward Yield: 3.80%
Next Week’s Ex-Dividend Stocks
Tuesday, November 10:
Linear Technology Corporation (LLTC)
The Sherwin-Williams Company (SHW)
United Technologies Corporation (UTX)
Wednesday, November 11:
None.
Thursday, November 12:
Walgreens Boots Alliance (WBA)
Friday, November 13:
Tanger Factory Outlet Centers (SKT)
Monday, November 16: