Photo: FreeImages.com/Monika M.
Five dividend growth companies announced their next payouts this week, including food companies Hormel Corporation and McCormick & Company. Also, CLARCOR announced their 33rd year of dividend growth. Read below for more details.
S&P 500 Dividend Aristocrats
Hormel Foods Corporation (HRL)
Industry: Food Products
Dividend Payment: 25 cents per share
Dividend Paid On: 11/16
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 10/15
Number of Years of Dividend Increases: 49
Current Forward Yield: 1.58%
Industry: Specialty Foods
Dividend Payment: 40 cents per share
Dividend Paid On: 10/27
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 10/9
Number of Years of Dividend Increases: 29
Current Forward Yield: 2.03%
S&P 500 High Yield Dividend Aristocrats
Industry: Industrial Goods
Dividend Payment: 22 cents per share – up 10.0% from prior level of 20 cents
Dividend Paid On: 10/23
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 10/9
Number of Years of Dividend Increases: 33
Current Forward Yield: 1.83%
Industry: Chemicals
Dividend Payment: 13 cents per share
Dividend Paid On: 10/29
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 10/13
Number of Years of Dividend Increases: 46
Current Forward Yield: 1.51%
John Wiley & Sons, Inc. (JW.A)
Industry: Business Services – Publishing
Dividend Payment: 30 cents per share
Dividend Paid On: 10/28
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 10/9
Number of Years of Dividend Increases: 22
Current Forward Yield: 1.65%
Next Week’s Ex-Dividend Stocks
Tuesday, October 6:
None.
Wednesday, October 7:
General Dynamics Corporation (GD)
Thursday, October 8:
Friday, October 9:
John Wiley & Sons, Inc. (JW.A)
Monday, October 12:
None.