One way to identify dividend growth stocks is to look for dividend increases. Companies that pay rising dividends are likely to be financially healthy and generate consistent cash flow. Here is a list of US and Canadian companies that increased their dividends this week.
US Dividend Increases
Dun & Bradstreet Corporation (DNB) , +3.98% dividend increase
The Dun & Bradstreet Corporation is the source of commercial data, analytics and insight on businesses.
Dun & Bradstreet Corporation has declared quarterly dividend of $0.5225 (+3.9801% increase). It goes ex-dividend on 02-21-2018 and is payable on 03-09-2018. Annualized dividend is $2.09 at a yield of 1.7250%. Dun & Bradstreet Corporation has 11 years of consecutive dividend increase.
Jack Henry & Associates, Inc. (JKHY) , +19.35% dividend increase
Jack Henry & Associates, Inc. is a provider of information processing solutions for community banks.
Jack Henry & Associates, Inc. has declared quarterly dividend of $0.3700 (+19.3548% increase). It goes ex-dividend on 02-28-2018 and is payable on 03-16-2018. Annualized dividend is $1.48 at a yield of 1.2123%. Jack Henry & Associates, Inc. has 14 years of consecutive dividend increase.
L3 Technologies, Inc. (LLL) , +6.67% dividend increase
L3 Technologies, Inc., formerly L-3 Communications Holdings, Inc., is a prime contractor in Intelligence, Surveillance and Reconnaissance (ISR) systems, aircraft sustainment, simulation and training, night vision and image intensification equipment and security and detection systems.
L3 Technologies, Inc. has declared quarterly dividend of $0.8000 (+6.6667% increase). It goes ex-dividend on 02-28-2018 and is payable on 03-15-2018. Annualized dividend is $3.2 at a yield of 1.5031%. L3 Technologies, Inc. has 14 years of consecutive dividend increase.
Clorox Company (CLX) , +14.29% dividend increase
The Clorox Company is a manufacturer and marketer of consumer and professional products.
Clorox Company has declared quarterly dividend of $0.9600 (+14.2857% increase). It goes ex-dividend on 04-24-2018 and is payable on 05-11-2018. Annualized dividend is $3.84 at a yield of 2.9157%. Clorox Company has 40 years of consecutive dividend increase.
Robert Half International Inc. (RHI) , +16.67% dividend increase
Robert Half International Inc. provides specialized staffing and risk consulting services.
Robert Half International Inc. has declared quarterly dividend of $0.2800 (+16.6667% increase). It goes ex-dividend on 02-22-2018 and is payable on 03-15-2018. Annualized dividend is $1.12 at a yield of 1.9929%. Robert Half International Inc. has 14 years of consecutive dividend increase.
T. Rowe Price Group, Inc. (TROW) , +22.81% dividend increase
T. Rowe Price Group, Inc. is a financial services holding company.
T. Rowe Price Group, Inc. has declared quarterly dividend of $0.7000 (+22.8070% increase). It goes ex-dividend on 03-14-2018 and is payable on 03-29-2018. Annualized dividend is $2.8 at a yield of 2.5342%. T. Rowe Price Group, Inc. has 31 years of consecutive dividend increase.
Sherwin-Williams Company (SHW) , +1.18% dividend increase
The Sherwin-Williams Company (Sherwin-Williams) is engaged in the development, manufacture, distribution and sale of paint, coatings and related products.
Sherwin-Williams Company has declared quarterly dividend of $0.8600 (+1.1765% increase). It goes ex-dividend on 02-23-2018 and is payable on 03-09-2018. Annualized dividend is $3.44 at a yield of 0.8551%. Sherwin-Williams Company has 39 years of consecutive dividend increase.
AbbVie Inc. (ABBV) , +35.21% dividend increase
AbbVie Inc. (AbbVie) is a research-based biopharmaceutical company.
AbbVie Inc. has declared quarterly dividend of $0.9600 (+35.2113% increase). It goes ex-dividend on 04-12-2018 and is payable on 05-15-2018. Annualized dividend is $3.84 at a yield of 3.2378%. AbbVie Inc. has 45 years of consecutive dividend increase.
Perrigo Company plc (PRGO) , +18.75% dividend increase
Perrigo Company plc is a global healthcare supplier that develops, manufactures and distributes over-the-counter (OTC) and generic prescription (Rx) pharmaceuticals, infant formulas, nutritional products, animal health, dietary supplements, active pharmaceutical ingredients (API), and medical diagnostic products, and Multiple Sclerosis drug Tysabri.
Perrigo Company plc has declared quarterly dividend of $0.1900 (+18.7500% increase). It goes ex-dividend on 03-01-2018 and is payable on 03-20-2018. Annualized dividend is $0.76 at a yield of 0.8487%. Perrigo Company plc has 15 years of consecutive dividend increase.
Coca-Cola Company (KO) , +5.41% dividend increase
The Coca-Cola Company is a beverage company.
Coca-Cola Company has declared quarterly dividend of $0.3900 (+5.4054% increase). It goes ex-dividend on 03-14-2018 and is payable on 04-02-2018. Annualized dividend is $1.56 at a yield of 3.4682%. Coca-Cola Company has 55 years of consecutive dividend increase.
Canadian Dividend Increases
Restaurant Brands International (QSR) , +114.29% dividend increase
Restaurant Brands International Inc. is a quick service restaurant (QSR) company.
Restaurant Brands International has declared quarterly dividend of C$0.4500 (+114.2857% increase). It goes ex-dividend on 03-14-2018 and is payable on 04-02-2018. Annualized dividend is C$1.8 at a yield of 2.4275%.
TransCanada (TRP) , +10.4% dividend increase
TransCanada Corporation is an energy infrastructure company.
TransCanada has declared quarterly dividend of C$0.6900 (+10.4000% increase). It goes ex-dividend on 03-28-2018 and is payable on 04-30-2018. Annualized dividend is C$2.76 at a yield of 4.7908%.
Crown Capital Partners (CRWN) , +15.38% dividend increase
Crown Capital Partners Inc. is a private equity firm specializing in acquisitions, special situations, management and leveraged buyouts, recapitalizations, mezzanine, bridge loans, and growth capital investments in private and public middle market companies.
Crown Capital Partners has declared quarterly dividend of C$0.1500 (+15.3846% increase). It goes ex-dividend on 02-15-2018 and is payable on 03-02-2018. Annualized dividend is C$0.6 at a yield of 6.4103%.
Disclaimer: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
Geek -
ReplyDeleteVery cool looking summary. Keep doing these if you can, thank you!
-Lanny
Yes! will continue doing this as much as possible. Glad it is useful.
DeleteGeek, Amazing increase from ABBV. Happily surprised by CLX. Tom
ReplyDeleteYes! QSR increase is amazing too.
DeleteNice list of Dividend increases DG, I have been watching Restaurant Brands International for a while now but have never pulled the trigger. (my loss)
ReplyDeleteHi Steve, I have missed out on quite a few too. There is always next time :-)
DeleteGreat list, I didn't know about CLX increased in double digits good to know. Among these, I own only KO but had been eyeing on several others from the list.
ReplyDeleteKeep up the good work.
TDK.
Hello TDK, the list is very useful to me too. It helps me finds stocks that I would not have considered. I am very tempted to get into TROW.
DeleteIt's an interesting group of companies you have there Geek.
ReplyDeleteYou have some of the old and most reliable dividend growth companies like CLX, SHW, KO, ABBV, and TROW. That tells me you want your dividends to be reliable, growing, and predictable.
But then you have companies like DNB. From dividend perspective, DNB doesn't look that great. <2% dividend, BB+ credit rating, 200% Debt/Cap and a spotty dividend payout history with low single digit growth.
I don't know the company, just read a little about them, but just looking at the fundamentals wondering what you are seeing in it?
Is DNB a future play in big data analytics with AI? They sure have been around for a while, but I'm surprised I haven't heard of them before. It's a decent size company too.
Hello Mr.ATM thanks for swinging by. These are a list of dividend achievers with dividend increase this week. As a matter of fact I don't own any of these. More like a compilation post. I agree with your points. I would not buy DNB ... nevertheless it is a dividend achiever. Perhaps I should add a line saying I have no positions in these stocks.
DeleteThose are some solid companies! Coca Cola, Clorox, etc.
ReplyDeleteI like your Simply Wall Street pictures, I have never been on that website before.
Do you get charged withholding taxes on your Canadian dividend company dividends?
Hell GYM, I don't own any of the Canadian stocks. To answer your other question, RA or 401(k) Canadian holdings are not subject to dividend withholding (true only for Canada). For taxable account it is possible to take a tax credit.
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