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
-
Back in the early 1970s, there was a group of companies which are referred to as “The Nifty Fifty” in the US. These were companies which wer...
-
As part of my monitoring process, I follow the dividend increases for companies I own, and companies on my watchlist. This process can also...
-
Peter Lynch is a super-investor, who managed to compound money at 29.30% at Fidelity Magellan Fund between 1977 and 1990. He is a very smart...
-
I review the list of dividend increases as part of my monitoring process. I find it helpful to observe the companies I own execute on their...
-
As part of my monitoring process, I review the list of dividend increases every week. This exercise helps me monitor the progress of existi...
-
I review the list of dividend increases as part of my monitoring process. This helps me review the story behind companies I already own. It ...
-
We have had some new readers join the Dividend Growth Investor website. As a result, I wanted to discuss briefly what Dividend Growth Invest...
-
As an investor, I follow a very simple model. I look for companies that have a track record of annual dividend increases, supported by earn...
-
"The idea that a bell rings to signal when investors should get into or out of the market is simply not credible. After nearly 50 years...
-
This morning Wells Fargo cut dividends by 80%, from 51 cents/share to 10 cents/share. This was not a surprise, since the bank stated that th...
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