Dividend Champion And Contender Highlights: Week Of March 1

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 However, since this list is only produced once per month, the data in it can quickly get out of date.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, the following companies declared dividends which were higher than their previous payouts.

Company

Symbol

Ex-Div

Pay

Old Rate

New Rate

Increase

Yield

Years

Best Buy Co.

(BBY)

3/18

4/9

0.5

0.55

10.00%

2.91%

17

Chico’s FAS Inc.

(CHS)

3/13

3/30

0.0875

0.09

2.86%

8.98%

11

Eaton Corp. plc

(ETN)

3/12

3/27

0.71

0.73

2.82%

3.22%

11

Home Depot Inc.

(HD)

3/11

3/26

1.36

1.5

10.29%

2.75%

11

Linde Plc

(LIN)

3/5

3/20

0.875

0.963

10.06%

2.02%

27

McGrath RentCorp

(MGRC)

4/14

4/30

0.375

0.42

12.00%

2.42%

28

Douglas Dynamics Inc.

(PLOW)

3/19

3/31

0.2725

0.28

2.75%

2.57%

11

Sempra Energy

(SRE)

3/19

4/15

0.9675

1.045

8.01%

2.99%

17

Texas Pacific Land Trust

(TPL)

3/6

3/16

1.75

10

471.43%

1.44%

16

Thomson Reuters Corp.

(TRI)

3/5

3/18

0.36

0.38

5.56%

2.04%

27

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 March 2 (Ex-Div 3/3)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Eversource Energy

(ES)

3/31

0.5675

86.46

2.60%

22

Tuesday March 3 (Ex-Div 3/4)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

BlackRock Inc.

(BLK)

3/23

3.63

463.01

3.10%

11

Qualcomm Inc.

(QCOM)

3/26

0.62

78.3

3.30%

17

Stepan Company

(SCL)

3/13

0.275

87.83

1.30%

52

Wednesday March 4 (Ex-Div 3/5)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Arthur J. Gallagher & Co.

(AJG)

3/20

0.45

97.49

1.80%

10

Commerce Bancshares

(CBSH)

3/23

0.27

61.04

1.70%

52

C.H. Robinson Worldwide

(CHRW)

3/27

0.51

68.9

2.90%

22

Genuine Parts Co.

(GPC)

4/1

0.79

87.24

3.60%

64

Kimberly-Clark Corp.

(KMB)

4/2

1.07

131.19

3.20%

48

Lancaster Colony Corp.

(LANC)

3/31

0.7

144.45

1.90%

57

Linde Plc

(LIN)

3/20

0.963

191.01

2.00%

27

Magna International Inc.

(MGA)

3/20

0.4

45.82

3.50%

11

PepsiCo Inc.

(PEP)

3/31

0.955

132.03

2.80%

47

Thomson Reuters Corp.

(TRI)

3/18

0.38

74.48

2.00%

27

Waste Management

(WM)

3/20

0.545

110.81

1.90%

17

Thursday March 5 (Ex-Div 3/6)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

First American Financial Corp.

(FAF)

3/16

0.44

57.1

3.00%

11

FedEx Corp.

(FDX)

4/1

0.65

141.17

1.90%

18

Old Republic International

(ORI)

3/16

0.21

19.72

4.10%

39

Texas Pacific Land Trust

(TPL)

3/16

10

695.8

1.50%

16

Friday March 6 (Ex-Div 3/9)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Auburn National Bancorp

(AUBN)

3/25

0.255

55.75

1.70%

19

Becton Dickinson & Co.

(BDX)

3/31

0.79

237.82

1.30%

48

Canadian National Railway

(CNI)

3/31

0.435

84.91

2.70%

25

Columbia Sportswear Co.

(COLM)

3/23

0.26

81.3

1.20%

15

Omnicom Group Inc.

(OMC)

4/8

0.65

69.28

3.70%

10

Occidental Petroleum

(OXY)

4/15

0.79

32.74

9.90%

16

PPL Corp.

(PPL)

4/1

0.415

30.01

5.30%

19

Travelers Companies

(TRV)

3/31

0.82

119.81

2.60%

15

UMB Financial Corp.

(UMBF)

4/1

0.31

58.15

2.00%

28

V.F. Corp.

(VFC)

3/20

0.48

72

2.60%

47

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

Archer Daniels Midland

(ADM)

3/5

0.36

3.8%

Autoliv Inc.

(ALV)

3/5

0.62

3.7%

Amgen Inc.

(AMGN)

3/6

1.6

3.1%

Atmos Energy

(ATO)

3/9

0.575

2.1%

American Water Works

(AWK)

3/4

0.5

1.6%

Cummins Inc.

(CMI)

3/5

1.311

3.4%

Eagle Bancorp Montana Inc.

(EBMT)

3/6

0.095

2.0%

Hawkins Inc.

(HWKN)

3/6

0.2325

2.4%

KLA Corp.

(KLAC)

3/5

0.85

2.3%

Landmark Bancorp Inc.

(LARK)

3/4

0.2

3.5%

Littelfuse Inc.

(LFUS)

3/5

0.48

1.2%

Macerich Company

(MAC)

3/3

0.75

14.0%

Microchip Technology Inc.

(MCHP)

3/6

0.367

1.6%

Pfizer Inc.

(PFE)

3/6

0.38

4.5%

Parker-Hannifin Corp.

(PH)

3/6

0.88

1.9%

Ritchie Brothers Auctioneers Inc.

(RBA)

3/6

0.2

2.0%

Southside Bancshares

(SBSI)

3/5

0.31

3.7%

Southern Company

(SO)

3/6

0.62

3.9%

TJX Companies Inc.

(TJX)

3/5

0.23

1.5%

Visa Inc.

(V)

3/3

0.3

0.7%

Valero Energy Corp.

(VLO)

3/4

0.98

5.9%

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 HD, OXY, PEP. 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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