Dividend Growth Energy Stocks

Dividend Growth Stocks Week in Review for October 30, 2015

Both Chevron and ExxonMobil announced quarterly dividends this week.
Photo: Freeimages.com/Daniel West

Eight dividend growth companies announced their 4th quarter dividends this week, including multinational energy giants ExxonMobil and Chevron, and regional banks Commerce Bancshares and Cullen/Frost Bankers.  Aflac is rewarding investors with their 33rd year of dividend growth.  Read on for the details…

S&P 500 Dividend Aristocrats

Aflac (AFL)

Industry: Financial – Insurance

Dividend Payment: 41 cents per share – up 5.1% from prior level of 39 cents

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: 2.57%

 

Chevron Corporation (CVX)

Industry: Energy

Dividend Payment: $1.07 per share

Dividend Paid On: 12/10

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 11/16

Number of Years of Dividend Increases: 28

Current Forward Yield: 4.71%

 

ExxonMobil Corporation (XOM)

Industry: Energy

Dividend Payment: 73 cents per share

Dividend Paid On: 12/10

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 11/9

Number of Years of Dividend Increases: 33

Current Forward Yield: 3.53%

 

HCP, Inc. (HCP)

Industry: REIT

Dividend Payment: 56.5 cents per share

Dividend Paid On: 11/24

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 11/5

Number of Years of Dividend Increases: 30

Current Forward Yield: 6.08%

 

Illinois Tool Works (ITW)

Industry: Industrial Goods

Dividend Payment: 55 cents per share

Dividend Paid On: 1/7

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/29

Number of Years of Dividend Increases: 53

Current Forward Yield: 2.39%

 

W. W. Grainger (GWW)

Industry: Business Services

Dividend Payment: $1.17 per share

Dividend Paid On: 12/1

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 11/5

Number of Years of Dividend Increases: 44

Current Forward Yield: 2.23%

S&P 500 High Yield Dividend Aristocrats

Commerce Bancshares, Inc. (CBSH)

Industry: Financial – Regional Banking

Dividend Payment: 22.5 cents per share

Dividend Paid On: 12/14

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 11/24

Number of Years of Dividend Increases: 47

Current Forward Yield: 1.98%

**Commerce Bancshares is also paying a 5% stock dividend immediately following the cash dividend.

 

The Cullen/Frost Bankers, Inc. (CFR)

Industry: Financial – Regional Banking

Dividend Payment: 53 cents per share

Dividend Paid On: 12/15

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 11/25

Number of Years of Dividend Increases: 22

Current Forward Yield: 3.10%

Next Week’s Ex-Dividend Stocks

Tuesday, November 3:

None.

Wednesday, November 4:

Cintas Corporation (CTAS)

Thursday, November 5:

HCP, Inc. (HCP)

W. W. Grainger (GWW)

Friday, November 6:

PPG Industries, Inc. (PPG)

Monday, November 9:

ExxonMobil Corporation (XOM)