Introduction
The Dividend Champions list is a monthly compilation of companies which have consistently increased their annual dividend payouts, and the latest edition may be found here. However, since this list is only produced once per month, the data in it can quickly get out of date. Furthermore, with close to 900 companies on the list, the sheer amount of data can quickly become overwhelming. In this weekly series, I highlight recent and upcoming dividend related activity for companies holding Champion (25+ years) and Contender (10-24 years) status.
In the data presented below, Yield is forward annualized and Years reflects the up-to-date streak, including dividends declared since the last edition of the Dividend Champions list.
Dividend Increases
In the past week, no companies on the Champion or Contender lists declared dividends which were higher than their previous payouts.
Last Chance to Buy
These companies have ex-dividend dates approaching. The following tables indicate the last day you can buy these stocks in order to be eligible for the upcoming dividend. Tables are sorted alphabetically by symbol.
Monday April 6 (Ex-Div 4/7)
|
Company |
Symbol |
Pay Date |
Payout |
Price |
Yield |
Years |
|
Marsh & McLennan Companies Inc. |
(MMC) |
5/15 |
0.455 |
79.9 |
2.28% |
10 |
|
Roper Technologies Inc. |
(ROP) |
4/22 |
0.5125 |
299.68 |
0.68% |
27 |
Tuesday April 7 (Ex-Div 4/8)
|
Company |
Symbol |
Pay Date |
Payout |
Price |
Yield |
Years |
|
Brady Corp. |
(BRC) |
4/30 |
0.2175 |
41.82 |
2.08% |
34 |
|
General Dynamics |
(GD) |
5/8 |
1.1 |
125.68 |
3.50% |
29 |
|
Gentex Corp. |
(GNTX) |
4/22 |
0.12 |
20.65 |
2.32% |
10 |
|
OGE Energy Corp. |
(OGE) |
4/30 |
0.3875 |
26.58 |
5.83% |
13 |
|
Oracle Corp. |
(ORCL) |
4/23 |
0.24 |
49.4 |
1.94% |
11 |
|
AT&T Inc. |
(T) |
5/1 |
0.52 |
27.46 |
7.57% |
36 |
|
UDR Inc. |
(UDR) |
4/30 |
0.36 |
31.62 |
4.55% |
10 |
Wednesday April 8 (Ex-Div 4/9)
|
Company |
Symbol |
Pay Date |
Payout |
Price |
Yield |
Years |
|
Hormel Foods Corp. |
(HRL) |
5/15 |
0.2325 |
48.38 |
1.92% |
53 |
|
Lincoln National Corp. |
(LNC) |
5/1 |
0.4 |
23.46 |
6.82% |
10 |
|
McCormick & Co. |
(MKC) |
4/27 |
0.62 |
146.88 |
1.69% |
33 |
|
Bank OZK |
(OZK) |
4/20 |
0.27 |
15.55 |
6.95% |
24 |
|
Universal Corp. |
(UVV) |
5/4 |
0.76 |
43.61 |
6.97% |
48 |
|
Verizon Communications |
(VZ) |
5/1 |
0.615 |
54.7 |
4.50% |
15 |
Thursday April 9 (Ex-Div 4/13)
|
Company |
Symbol |
Pay Date |
Payout |
Price |
Yield |
Years |
|
American Tower Corp. |
(AMT) |
4/29 |
1.08 |
222.8 |
1.94% |
10 |
|
MSC Industrial Direct Co. Inc. |
(MSM) |
4/28 |
0.75 |
54.32 |
5.52% |
17 |
Friday April 10
Markets closed in observance of Good Friday
Money on the Way
The following companies have dividend pay dates in the upcoming week (Tuesday through the following Monday). Check if you want your DRIPs to reinvest at these yields…or take the cash and go have a steak dinner!
|
Company |
Symbol |
Pay Date |
Payout |
Yield |
|
Aaron’s Inc. |
(AAN) |
4/7 |
0.04 |
0.9% |
|
Best Buy Co. |
(BBY) |
4/9 |
0.55 |
4.1% |
|
Franklin Resources |
(BEN) |
4/13 |
0.27 |
6.9% |
|
Community Bank System |
(CBU) |
4/9 |
0.41 |
2.8% |
|
Independent Bank Corp. MA |
(INDB) |
4/9 |
0.46 |
2.9% |
|
J&J Snack Foods Corp. |
(JJSF) |
4/8 |
0.575 |
2.0% |
|
Kennedy-Wilson Holdings Inc. |
(KW) |
4/7 |
0.22 |
7.0% |
|
Omnicom Group Inc. |
(OMC) |
4/8 |
0.65 |
5.2% |
|
Philip Morris International |
(PM) |
4/9 |
1.17 |
6.4% |
|
PolyOne Corp. |
(POL) |
4/8 |
0.2025 |
4.6% |
|
Regal Beloit Corp. |
(RBC) |
4/9 |
0.3 |
2.1% |
|
Toro Company |
(TTC) |
4/9 |
0.25 |
1.6% |
Conclusion
I hope you found this article useful. Please let me know if you have any ideas for improving the format or data included in this series.
Looking for more in depth analysis of high quality dividend stocks? Check out the Dividend Kings marketplace service!
Disclosure: I am/we are long GD, T. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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