Cintas rewarded investors this week with its 33rd consecutive year of dividend growth. Photo: Mike Mozart/flickr.com.
It was a busy week for dividend growth stocks. 14 companies announced regular payouts, including two that announced increases: business services company Cintas Corporation, which increased its annual dividend by 23%, and asset manager Eaton Vance, which announced a 6% increase in its dividend. Read on for the details….
S&P 500 Dividend Aristocrats
Industry: Medical Instruments and Supplies
Dividend Payment: 24 cents per share
Dividend Paid On: 11/6
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 10/22
Number of Years of Dividend Increases: 44
Current Forward Yield: 0.49%
Industry: Business Services
Dividend Payment: $1.05 per share – up 23.5% from prior level of 85 cents
Dividend Paid On: 12/4
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 11/4
Number of Years of Dividend Increases: 33
Current Forward Yield: 1.13%
**Cintas pays dividends annually, not quarterly.
Industry: Food & Beverage
Dividend Payment: 33 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: 53
Current Forward Yield: 3.14%
Industry: Specialty Chemicals
Dividend Payment: 36 cents per share
Dividend Paid On: 12/11
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 11/6
Number of Years of Dividend Increases: 44
Current Forward Yield: 1.43%
The Procter & Gamble Company (PG)
Industry: Consumer Goods
Dividend Payment: 66.29 cents per share
Dividend Paid On: 11/16
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 10/21
Number of Years of Dividend Increases: 59
Current Forward Yield: 3.54%
Industry: Industrial Goods
Dividend Payment: 55 cents per share
Dividend Paid On: 12/22
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/2
Number of Years of Dividend Increases: 47
Current Forward Yield: 2.23%
Walgreens Boots Alliance, Inc. (WBA)
Industry: Retail
Dividend Payment: 36 cents per share
Dividend Paid On: 12/11
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 11/12
Number of Years of Dividend Increases: 40
Current Forward Yield: 1.63%
S&P 500 High Yield Dividend Aristocrats
Industry: Industrial Goods
Dividend Payment: 19 cents per share
Dividend Paid On: 11/16
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 10/28
Number of Years of Dividend Increases: 23
Current Forward Yield: 1.09%
Industry: Utilities
Dividend Payment: 17.8 cents per share
Dividend Paid On: 12/1
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 11/10
Number of Years of Dividend Increases: 24
Current Forward Yield: 2.52%
Industry: Industrial Goods
Dividend Payment: 77 cents per share
Dividend Paid On: 11/20
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 10/22
Number of Years of Dividend Increases: 22
Current Forward Yield: 4.42%
Industry: Asset Management
Dividend Payment: 26.5 cents per share – up 6.0% from prior level of 25 cents
Dividend Paid On: 11/13
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 10/28
Number of Years of Dividend Increases: 35
Current Forward Yield: 3.00%
National Retail Properties, Inc. (NNN)
Industry: REIT
Dividend Payment: 43.5 cents per share
Dividend Paid On: 11/16
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 10/28
Number of Years of Dividend Increases: 26
Current Forward Yield: 4.62%
Industry: REIT
Dividend Payment: 19.05 cents per share
Dividend Paid On: 11/16
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 10/29
Number of Years of Dividend Increases: 22
Current Forward Yield: 4.71%
United Technologies Corporation (UTX)
Industry: Aerospace & Defense
Dividend Payment: 64 cents per share
Dividend Paid On: 12/10
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 10/10
Number of Years of Dividend Increases: 22
Current Forward Yield: 2.75%
Next Week’s Ex-Dividend Stocks
Tuesday, October 20:
None.
Wednesday, October 21:
The Procter & Gamble Company (PG)
Thursday, October 22:
Friday, October 23:
None.
Monday, October 26: