Flowers Foods, manufacturer of Mrs. Freshley's and other bakery brands, announced its 16th straight year of dividend increases this week. Photo: Flickr.com/Michael Cote
In the week leading up to the Memorial Day holiday, three dividend growth companies announced their latest annual payout increases. In particular, jeweler Tiffany’s & Co. announced a double-digit increase for its 15th year of dividend growth. You can see all the details here….
Dividend Increases Announced This Week
Industry: Farm Products
Dividend Payment: 46 cents per share – up 9.5% from prior level of 42 cents
Dividend Paid On: 9/5
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 8/18
Number of Years of Dividend Increases: 16
Current Forward Yield: 2.24%
Industry: Food & Beverage – Foods
Dividend Payment: 17 cents per share – up 6.3% from prior level of 16 cents
Dividend Paid On: 6/23
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 6/7
Number of Years of Dividend Increases: 16
Current Forward Yield: 3.66%
Industry: Retail – Jewelry
Dividend Payment: 50 cents per share – up 11.1% from prior level of 45 cents
Dividend Paid On: 7/10
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 6/16
Number of Years of Dividend Increases: 15
Current Forward Yield: 2.32%