Another company joined the elite list of dividend kings over the past week, bringing the list to fourteen companies. So far this year we have had Coca Cola (KO) and Johnson & Johnson (JNJ) join the ranks of dividend kings. This is an elite list of companies which have managed to raise distributions for at least 50 years in a row.
Lowe’s Companies, Inc., together with its subsidiaries, operates as a home improvement retailer. The company raised its quarterly dividend by 14.30% to 16 cents/share. Lowe’s Companies has raised dividends for 50 years in a row, placing it next to Coca Cola (KO) and Prcoter & Gamble (PG) on the dividend king list. Yield: 2.40% (analysis)
Other consistent dividend payers, boosting distributions over the past week included:
Universal Health Realty Income Trust (UHT) operates as a real estate investment trust (REIT) in the United States. The company invests in health care and human service related facilities. The company raised its quarterly dividend by 0.80% to 61.50 cents/share. This dividend achiever has raised dividends for 24 years in a row. Yield: 6.20% (analysis)
National Fuel Gas Company (NFG) operates as a diversified energy company in the United States. The company invests in health care and human service related facilities. The company raised its quarterly dividend by 2.80% to 36.50 cents/share.
This dividend achiever has raised dividends for 23 years in a row. Yield: 3.30%
FedEx Corporation (FDX) provides transportation, e-commerce, and business services in the United States and internationally. It operates in four segments: FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services. The company raised its quarterly dividend by 7.70% to 14 cents/share. FedEx Corporation has raised dividends for 11 years in a row. Yield: 0.70%
Flowers Foods, Inc. (FLO) produces and markets bakery products in the United States. It operates in two segments, Direct-Store-Delivery (DSD) and Warehouse Delivery. The company raised its quarterly dividend by 6.70% to 16 cents/share. Flowers Foods has raised dividends for 11 years in a row. Yield: 2.80%
Full Disclosure: Long LOW, UHT, PG, JNJ, KO
Relevant Articles:
- Eleven Dividend Kings, Raising dividends for 50+ years
- Lowe’s (LOW) Dividend Stock Analysis
- Universal Health Realty Income Trust (UHT) Dividend Stock Analysis
- Dividend Achievers Offer Income Growth and Capital Appreciation
Subscribe to:
Post Comments (Atom)
Popular Posts
-
I have often been asked to name my best idea by people who have not heard much about me apparently. Regular readers know that I am a very b...
-
As a dividend growth investor, I have owned shares in major tobacco companies such as Altria (MO) , Phillip Morris International (PM) and B...
-
I review the list of dividend increases every week, as part of my review process. I focus my attention on companies that raised dividends i...
-
Terry Smith is a British fund manager, who has an impressive track record over the past decade at the fund he founded, Fundsmith. Some call ...
-
I review the list of dividend increases every week, as part of my portfolio monitoring process. I leverage several of my dividend investing ...
-
In my previous article, I discussed in brief how I come up with investment ideas . I also wanted to share with you my general philosophy on ...
-
There were several companies over the past week which announced their intent to raise dividends to shareholders. It is always great to see c...
-
My monitoring process involves reviewing notable information for companies on my watchlist and companies on my portfolio. A fairly significa...
-
Phil Fisher is one of the best investors in the world. He managed portfolios for a small group of clients over a period of several decades. ...
-
The S&P Dividend Aristocrats index tracks companies in the S&P 500 that have increased dividends every year for at least 25 years ...
Very excited to see another company join the ranks of 50+ years of dividend increases. Definately considering adding Lowe's to my watch list. Wish I could have gotten in back in 2008 when housing was a mess and no one was spending money on home improvements.
ReplyDelete