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
Popular Posts
-
A dividend champion is a company which has a 25 year record of annual dividend increases. There are only 134 such companies in the US toda...
-
Some investors get absolutely furious the second someone mentions the term yield on cost . I am very surprised when investors seldom have an...
-
Two years ago, I made a bet with Warren Buffett . This was a continuation of the bet that Warren Buffett had done with a hedge fund manager ...
-
I review the list of dividend increases every week, as part of my portfolio monitoring process. I leverage several of my dividend investing ...
-
A dividend king is a company that has managed to increase dividends to shareholders for at least 50 years in a row. There are only 28 such...
-
One of the goals behind my dividend growth portfolio is to buy shares in companies which grow dividends over time. Dividend growth protects ...
-
The S&P Dividend Aristocrats index tracks companies in the S&P 500 that have increased dividends every year for at least 25 years ...
-
As part of my monitoring process, I review the list of dividend increases every single week. This exercise helps me to monitor the organic ...
-
As 2019 is over, I wanted to share with you the five most popular articles on the Dividend Growth Investor website. These were the most popu...
-
My site is read by readers from all walks of life. We have those with no experience investing, to those who have been through the ups and do...
