Upcoming Dividends; 75 Companies, 33 Increases, 18 Double-Digit Increases!

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Includes: ADM, AGCO, AIT, AIV, ALE, ALK, AMGN, AMP, AWR, BAH, BG, BHB, BKH, CHD, CMS, CNP, COST, CVX, DCI, DUK, ED, EMR, ENB, FDEF, GEO, GRC, HCSG, HOG, HOMB, IVZ, KLAC, KR, LNN, LSTR, LTC, MCBC, MCO, MKTX, MMM, MSA, MSEX, MSFT, NDSN, NP, NXST, ODC, PCAR, PFS, PPG, PROV, RBA, RECN, SASR, SBFG, SBRA, SMBC, SMP, SO, SPB, SPG, SWX, TJX, TSBK, UTX, V, VLO, VVC, WBA, WBS, WEC, WELL, WRK, WTR, XYL, ZION
by: Dividend Derek
Summary

This is the list of dividend stocks from the popular U.S. Dividend Champion, Challenger, Contender ("CCC") list that are going ex-dividend next week.

The CCC list is the exhaustive list of U.S. companies that have a proven record of raising their dividends every year. Companies must demonstrate 5+ years of consecutive dividend growth.

The data is provided by David Fish's U.S. Dividend Champion spreadsheet in conjunction with upcoming dividend information from the Nasdaq.

Introduction

The information presented below was created based on combining the "U.S. Dividend Champion" spreadsheet compiled by David Fish hosted here with upcoming dividend information from the Nasdaq. This meshes metrics about companies with dividend growth history with upcoming dividend payments (and whether those payments are increasing). These lists highlights the companies with a minimum 5-year dividend growth history.

What David has done is exhaustively map the companies that have dividend increasing history in comparison with the Dividend Aristocrats. Long story short, there are companies that raise their dividends every year and do not appear on the S&P list. See David Van Knapp's 2009 article covering this phenomenon.

What this provides is an opportunity for an investor to buy more shares prior to an upcoming ex-dividend date. I'm not suggesting a short-term dividend capture strategy but rather getting shares or increasing a stake prior to the market readjusting to the new, higher dividend rate. If you are looking to own shares short term, be aware you may be on the hook for a tax for the dividend.

The ex-dividend date listed is the date you need to have hit the "buy" button by. If the date is a Tuesday, you need to have purchased (or already owned) shares by market close on Monday. Be aware that for any stock going ex-dividend on a Monday (or Tuesday if Monday may be a holiday), you must own it by the prior Friday.

Fun Facts

Category Count
King 5
Champion 11
Contender 23
Challenger 36

Increases: 33

Double Digit Increases: 18

We are early into dividend increase season and next week is no exception. The list has 75 names with close to half announcing an increase and eighteen of those having at least a 10% raise.

The List

The data is sorted by the day (ascending) and then the streak (descending).

Name Ticker Streak Current Yield Ex-Div Date Increase Percent Streak Category
Welltower Inc. (HCN) 14 6.16 2/12/2018 Contender
Valero Energy Corporation (VLO) 8 3.12 2/12/2018 14.29% Challenger
PACCAR Inc. (PCAR) 7 1.46 2/12/2018 Challenger
Webster Financial Corporation (WBS) 7 1.9 2/12/2018 Challenger
Macatawa Bank Corporation (MCBC) 5 1.99 2/12/2018 20.00% Challenger
MSA Safety Incorporated (MSA) 46 1.88 2/13/2018 Champion
Consolidated Edison, Inc. (ED) 44 3.67 2/13/2018 3.62% Champion
Donaldson Company, Inc. (DCI) 31 1.52 2/13/2018 Champion
Lindsay Corporation (LNN) 15 1.32 2/13/2018 Contender
WEC Energy Group, Inc. (WEC) 15 3.47 2/13/2018 6.35% Contender
Simon Property Group, Inc. (SPG) 9 4.78 2/13/2018 5.41% Challenger
MarketAxess Holdings, Inc. (MKTX) 9 0.68 2/13/2018 27.27% Challenger
Home BancShares, Inc. - common stock (HOMB) 7 1.83 2/13/2018 Challenger
Sandy Spring Bancorp, Inc. (SASR) 7 2.77 2/13/2018 Challenger
Harley-Davidson, Inc. (HOG) 7 3.01 2/13/2018 1.37% Challenger
Booz Allen Hamilton Holding Corporation (BAH) 6 1.82 2/13/2018 11.76% Challenger
Timberland Bancorp, Inc. (TSBK) 6 1.61 2/13/2018 18.18% Challenger
American States Water Company (AWR) 63 1.95 2/14/2018 King
Vectren Corporation (VVC) 58 2.94 2/14/2018 King
Black Hills Corporation (BKH) 47 3.67 2/14/2018 Champion
Gorman-Rupp Company (The) (GRC) 45 1.79 2/14/2018 Champion
Middlesex Water Company (MSEX) 45 2.43 2/14/2018 Champion
Walgreens Boots Alliance, Inc. (WBA) 42 2.24 2/14/2018 Champion
Enbridge Inc (ENB) 22 5.46 2/14/2018 10.13% Contender
TJX Companies, Inc. (The) (TJX) 21 1.64 2/14/2018 Contender
Church & Dwight Company, Inc. (CHD) 21 1.6 2/14/2018 14.74% Contender
Microsoft Corporation (MSFT) 16 1.87 2/14/2018 Contender
Bar Harbor Bankshares, Inc. (BHB) 14 2.76 2/14/2018 Contender
CenterPoint Energy, Inc (Holding Co) (CNP) 13 4.06 2/14/2018 3.73% Contender
Kroger Company (The) (KR) 12 1.73 2/14/2018 Contender
Southwest Gas Holdings, Inc. (SWX) 11 2.9 2/14/2018 Contender
Applied Industrial Technologies, Inc. (AIT) 9 1.65 2/14/2018 3.45% Challenger
Amgen Inc. (AMGN) 8 2.59 2/14/2018 14.78% Challenger
Invesco Ltd (IVZ) 8 3.47 2/14/2018 Challenger
KLA-Tencor Corporation (KLAC) 8 2.3 2/14/2018 Challenger
Standard Motor Products, Inc. (SMP) 8 1.59 2/14/2018 10.53% Challenger
Resources Connection, Inc. (RECN) 8 3.12 2/14/2018 Challenger
Allete, Inc. (ALE) 8 3.11 2/14/2018 4.67% Challenger
Provident Financial Services, Inc (PFS) 7 3.12 2/14/2018 33.33% Challenger
Xylem Inc. Common Stock New (XYL) 7 1 2/14/2018 16.67% Challenger
Sabra Health Care REIT, Inc. (SBRA) 7 12.16 2/14/2018 Challenger
AGCO Corporation (AGCO) 6 0.81 2/14/2018 7.14% Challenger
Zions Bancorporation (ZION) 6 1.18 2/14/2018 25.00% Challenger
Southern Missouri Bancorp, Inc. (SMBC) 6 1.19 2/14/2018 Challenger
Emerson Electric Company (EMR) 61 2.81 2/15/2018 King
3M Company (MMM) 60 2.02 2/15/2018 15.74% King
PPG Industries, Inc. (PPG) 46 1.58 2/15/2018 Champion
Chevron Corporation (CVX) 31 3.75 2/15/2018 3.70% Champion
Aqua America, Inc. (WTR) 25 2.41 2/15/2018 Champion
United Technologies Corporation (UTX) 24 2.12 2/15/2018 Contender
Bunge Limited Bunge Limited (BG) 17 2.26 2/15/2018 Contender
Healthcare Services Group, Inc. (HCSG) 16 1.53 2/15/2018 0.66% Contender
Oil-Dri Corporation Of America (ODC) 15 2.53 2/15/2018 Contender
Ritchie Bros. Auctioneers Incorporated (RBA) 15 2.19 2/15/2018 Contender
Costco Wholesale Corporation (COST) 14 1.09 2/15/2018 Contender
Landstar System, Inc. (LSTR) 14 0.36 2/15/2018 50.00% Contender
Duke Energy Corporation (Holding Company) (DUK) 13 4.78 2/15/2018 Contender
Ameriprise Financial, Inc. (AMP) 13 2.07 2/15/2018 Contender
CMS Energy Corporation (CMS) 11 3.15 2/15/2018 7.21% Contender
Visa Inc. (V) 10 0.65 2/15/2018 7.69% Contender
Westrock Company (WRK) 9 2.67 2/15/2018 Challenger
First Defiance Financial Corp. (FDEF) 8 1.87 2/15/2018 20.00% Challenger
Neenah, Inc. (NP) 8 1.72 2/15/2018 10.81% Challenger
Apartment Investment and Management Company (AIV) 7 3.67 2/15/2018 5.56% Challenger
Geo Group Inc (The) REIT (GEO) 6 9.49 2/15/2018 Challenger
SB Financial Group, Inc. (SBFG) 5 1.64 2/15/2018 Challenger
Nexstar Media Group, Inc. - Class A Common Stock (NXST) 5 1.67 2/15/2018 25.00% Challenger
Nordson Corporation (NDSN) 54 0.87 2/16/2018 King
Archer-Daniels-Midland Company (ADM) 42 3.03 2/16/2018 4.69% Champion
Southern Company (The) (SO) 17 5.35 2/16/2018 Contender
Moodys Corporation" (MCO) 9 0.96 2/16/2018 15.79% Challenger
LTC Properties, Inc. (LTC) 8 5.92 2/16/2018 Challenger
Provident Financial Holdings, Inc. (PROV) 7 3.1 2/16/2018 Challenger
Alaska Air Group, Inc. (ALK) 6 1.87 2/16/2018 6.67% Challenger
Spectrum Brands Holdings, Inc. (SPB) 5 1.52 2/16/2018 Challenger


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Field Definitions

Streak: This is years of dividend growth history sourced from the U.S. Dividend Champions spreadsheet. Here are some definitions to clarify the fields.

Current Yield: This is a snapshot of roughly what the current yield as of the time of writing. This is not a forward yield if the company in question has raised its dividend.

Ex-Dividend Date: This is the date you need to own the stock by.

Increase Percent: If the payment amount is being increased in this payment, this is the size of that increase.

Streak Category: Lastly, this is the overall dividend history classification of the company.

  • King: 50+ years
  • Champion/Aristocrat: 25+ years
  • Contender: 10-24 years
  • Challenger: 5+ years

Notes

Wow, where to begin here?

  • Valero has been a popular recommendation the past few years and they delivered another substantial double digit increase.
  • Utility WEC Energy Group also delivering another solid 6% increase for a utility.
  • Biotech Amgen with nearly a 15% increase coming.
  • Dividend King 3M with yet another 15% increase - unbelievable - and their 60th increase.
  • Landstar Systems is actually announcing a 50% dividend increase.
  • Visa, like clockwork, swiping its way to another solid increase, though lower than in past years.

Additional Metrics

Here are some additional metrics related to these companies, including yearly pricing action and the PE ratio. This table is sorted in exactly the same way as the table above.

Ticker Current Price 52 Week Low 52 Week High PE Ratio Percent Off Low Percent Off High
HCN 56.53 55.29 78.17 49.36 New Low 27% Off High
VLO 89.84 60.69 99.95 9.72 48% Off Low 7% Off High
PCAR 68.7 60.9 79.69 14.46 11% Off Low 12% Off High
WBS 54.75 44.04 60.32 20.58 20% Off Low 9% Off High
MCBC 10.06 8.87 10.66 21.4 11% Off Low 5% Off High
MSA 74.64 65.95 86.36 34.4 11% Off Low 12% Off High
ED 75.26 72.63 89.7 18.83 4% Off Low 15% Off High
DCI 47.29 41.46 52.2 26.72 10% Off Low 9% Off High
LNN 90.85 73.34 96.22 38.17 16% Off Low 5% Off High
WEC 59.86 56.63 70.09 15.79 6% Off Low 13% Off High
SPG 154.86 150.15 187.35 24.85 3% Off Low 16% Off High
MKTX 195.01 171.45 211.06 50.13 12% Off Low 7% Off High
HOMB 24.01 20.82 29.69 26.38 9% Off Low 19% Off High
SASR 37.56 36.41 45.64 17.07 New Low 18% Off High
HOG 48.48 44.52 63.4 16.27 3% Off Low 23% Off High
BAH 37.3 31.06 40.25 20.61 13% Off Low 10% Off High
TSBK 27.32 20.45 32.1 13.94 30% Off Low 14% Off High
AWR 52.26 41.14 60 28.56 27% Off Low 10% Off High
VVC 61.3 54.04 69.86 22.62 7% Off Low 11% Off High
BKH 51.78 51 72.02 15.5 New Low 27% Off High
GRC 27.92 23.55 33.5 31.02 16% Off Low 15% Off High
MSEX 36.65 32.23 46.74 29.16 7% Off Low 21% Off High
WBA 71.53 63.82 88 19.77 12% Off Low 17% Off High
ENB 35.16 33.61 43.46 23.58 3% Off Low 19% Off High
TJX 76.2 66.44 81.46 20.58 14% Off Low 5% Off High
CHD 47.37 43.21 54.18 27.22 8% Off Low 10% Off High
MSFT 89.61 63.22 96.07 61.36 41% Off Low 4% Off High
BHB 27.14 25.09 33.41 15.96 4% Off Low 18% Off High
CNP 26.36 25.51 30.45 19.24 1% Off Low 13% Off High
KR 28.9 19.69 34.75 17.15 46% Off Low 15% Off High
SWX 68.31 66.91 86.87 20.15 New Low 20% Off High
AIT 70.15 54 75.35 18.76 26% Off Low 6% Off High
AMGN 177.47 152.16 201.23 69.05 16% Off Low 10% Off High
IVZ 33.47 29.36 38.43 12.21 10% Off Low 12% Off High
KLAC 102.63 86.33 121.65 24.73 14% Off Low 13% Off High
SMP 47.92 40.56 54.73 20.31 13% Off Low 12% Off High
RECN 15.4 12.05 17.4 26.55 26% Off Low 10% Off High
ALE 68.75 64.56 81.24 19.87 3% Off Low 16% Off High
PFS 25.66 23.07 28.61 17.58 8% Off Low 11% Off High
XYL 71.79 46.86 76.81 41.74 49% Off Low 6% Off High
SBRA 17.11 16.68 29.1 18.2 New Low 41% Off High
AGCO 69.2 58 75.95 27.24 13% Off Low 10% Off High
ZION 54.01 38.43 55.61 20.64 29% Off Low 5% Off High
SMBC 37.03 30.3 40.8 16.99 21% Off Low 9% Off High
EMR 68.96 56.77 74.45 31.58 21% Off Low 5% Off High
MMM 233.19 175.49 259.77 29.44 33% Off Low 9% Off High
PPG 114.13 99.57 122.07 18.1 14% Off Low 4% Off High
CVX 115.29 102.55 133.88 23.79 12% Off Low 11% Off High
WTR 34.06 29.56 39.55 25.6 15% Off Low 13% Off High
UTX 131.97 107.05 139.24 23.15 21% Off Low 4% Off High
BG 81.34 63.87 83.75 25.85 26% Off Low 1% Off High
HCSG 49.57 37.54 56.2 41.66 31% Off Low 9% Off High
ODC 36.3 33.26 50.82 22.55 6% Off Low 29% Off High
RBA 31.03 24.08 35.21 50.04 24% Off Low 11% Off High
COST 183.19 150 199.88 29.12 17% Off Low 7% Off High
LSTR 111.4 78.87 118.6 26.46 35% Off Low 6% Off High
DUK 74.4 72.93 91.8 24.51 2% Off Low 18% Off High
AMP 160.11 118.84 183.9 16.97 34% Off Low 11% Off High
CMS 42.17 41.07 50.85 21.85 New Low 16% Off High
V 119.65 84.88 126.88 41.08 41% Off Low 3% Off High
WRK 64.46 49.23 71.55 9.44 26% Off Low 10% Off High
FDEF 53.34 46.71 56.91 16.67 11% Off Low 6% Off High
NP 86 72.35 95.4 18.9 17% Off Low 7% Off High
AIV 39.21 38.85 46.86 852.41 New Low 15% Off High
GEO 19.8 19.57 34.32 16.05 New Low 40% Off High
SBFG 18.33 15.61 19.58 10.5 12% Off Low 4% Off High
NXST 71.95 55.95 82.95 27.05 27% Off Low 11% Off High
NDSN 137.63 107.16 151.84 27.09 23% Off Low 8% Off High
ADM 42.19 38.59 47.44 19.71 9% Off Low 9% Off High
SO 43.34 42.63 53.51 78.78 1% Off Low 18% Off High
MCO 158.03 106.48 167.23 57.05 38% Off Low 6% Off High
LTC 38.49 37.3 52.85 17.26 3% Off Low 26% Off High
PROV 18.08 17.62 20.35 139.08 1% Off Low 10% Off High
ALK 64.24 59.25 101.43 7.75 3% Off Low 37% Off High
SPB 110.82 98.11 146.09 21.99 8% Off Low 23% Off High

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Tickers By Yield (With Growth Rates)

I know some people are interested in yield plays, so this table is sorted descending by yield. This also includes some of the historical dividend growth rates as a bonus. Additionally, the "Chowder Rule" has been included. That is the current yield plus the 5-year dividend growth rate.

Ticker Current Yield 1 Yr DG 3 Yr DG 5 Yr DG 10 Yr DG Chowder Rule
SBRA 12.16 3.6 4.6 5.6 17.8
GEO 9.49 8.3 6.5 47.7 57.2
HCN 6.16 1.2 3.1 3.3 2.8 9.5
LTC 5.92 4.1 3.8 5 4.3 10.9
ENB 5.46 17.1 13.7 10.5 12.4 16
SO 5.35 3.5 3.4 3.4 3.7 8.8
SPG 4.78 10 12.7 13.2 8.5 18
DUK 4.78 3.9 3.5 2.9 3.1 7.7
CNP 4.06 3.9 4 5.7 4.6 9.8
CVX 3.75 0.7 0.9 4.2 6.7 8
AIV 3.67 9.1 11.5 13.6 -5 17.3
BKH 3.67 7.7 5.1 4.1 2.8 7.8
ED 3.67 3 3.1 2.7 1.8 6.4
IVZ 3.47 3.6 5.7 12.4 11.9 15.9
WEC 3.47 5.1 10.1 11.6 15.3 15.1
CMS 3.15 7.3 7.2 6.7 20.9 9.9
RECN 3.12 9.5 15.3 15.9 19
VLO 3.12 16.7 38.7 36.3 20.4 39.4
PFS 3.12 9.9 9.1 8.9 6.4 12
ALE 3.11 2.9 3 3.1 2.7 6.2
PROV 3.1 8 8.7 24.6 -2.8 27.7
ADM 3.03 6.7 10.1 12.8 10.8 15.8
HOG 3.01 4.3 9.9 18.7 3.3 21.7
VVC 2.94 5.6 5.4 4 3 6.9
SWX 2.9 10.3 10.7 11 8.6 13.9
EMR 2.81 1 3 3.6 5.9 6.4
SASR 2.77 6.1 11 16.7 1.2 19.5
BHB 2.76 2.8 7.4 7.5 5.8 10.3
WRK 2.67 6.9 36.6 34.5 24.7 37.2
AMGN 2.59 15 23.5 26.1 28.7
ODC 2.53 4.7 4.9 5.2 6.1 7.7
MSEX 2.43 6.2 4 2.9 2.2 5.3
WTR 2.41 7.2 7.7 8.1 7.5 10.5
KLAC 2.3 7.6 6 8.5 15.4 10.8
BG 2.26 10 11.2 11.1 10.3 13.4
WBA 2.24 5.4 5.9 9.2 16.2 11.4
RBA 2.19 3 8 7.7 8.5 9.9
UTX 2.12 3.8 4.8 6 9 8.1
AMP 2.07 11 12.8 17.8 19.2 19.9
MMM 2.02 5.9 11.2 14.8 9.4 16.8
MCBC 1.99 50 31 -10
AWR 1.95 8.8 6.2 9.4 7.6 11.4
WBS 1.9 5.1 11.2 24.1 -1.3 26
MSA 1.88 5.3 3.9 4.6 5.1 6.5
FDEF 1.87 13.6 17 38 0 39.9
ALK 1.87 9.1 33.9
MSFT 1.87 8.2 11.4 13.9 14.5 15.8
HOMB 1.83 16.8 31.7 28.9 21.9 30.7
BAH 1.82 13.3 16.5 13.6 15.4
GRC 1.79 9.3 8.3 8.5 9 10.3
KR 1.73 8.9 13 14.6 12.9 16.3
NP 1.72 12.1 13.2 25.3 14 27
NXST 1.67 25 26
AIT 1.65 3.6 5.1 6.7 7.9 8.4
SBFG 1.64 16.7 20.5 0.7
TJX 1.64 21 21.4 22.2 21.6 23.8
TSBK 1.61 29.4 34.7 1.5
CHD 1.6 7 7 9.6 26.1 11.2
SMP 1.59 11.8 13.5 16.1 7.8 17.7
PPG 1.58 9 9.1 7.8 5.2 9.4
HCSG 1.53 2.7 2.8 2.9 10.4 4.4
DCI 1.52 2.2 3.8 15.2 14.1 16.7
SPB 1.52 10.5 11.9
PCAR 1.46 3.1 4.8 4.9 4.4 6.4
LNN 1.32 3.5 3.6 23.5 15.9 24.8
SMBC 1.19 10.5 8.4 9.2 8.3 10.4
ZION 1.18 57.1 40.1 61.5 -12.5 62.7
COST 1.09 11.4 12.4 12.9 13.2 14
XYL 1 16.2 12 12.3 13.3
MCO 0.96 4.1 10.7 18.9 16.9 19.9
NDSN 0.87 11.8 14.5 16.8 12.5 17.7
AGCO 0.81 7.7 8.4
MKTX 0.68 26.9 27.3 24.6 25.3
V 0.65 17.9 18 22.8 23.5
LSTR 0.36 11.8 13.5 10.6 10.9 11


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Conclusion

I hope you are able to find this information valuable. I'm open to any suggestions you may have to make this more valuable. Happy dividend increase season! I know I have a few names to review from this list.

Also - does anyone still have issues seeing the tables in Safari? I've included an image of the tables but just wanted to check if it was still an issue.

You can get text or email dividend alerts on my site Custom Stock Alerts.

Disclosure: I am/we are long AAPL,ABT,AFL,AMGN,AMP,AMZN,ANTM,BRK.B,CMI,CSCO,CVS,DEO,DIS,DUK,FB,GILD,GLW,GOOG,HD,JNJ,JPM,MDT,MO,NKE,O,OHI,PRU,PSA,SBUX,SCHD,SJM,SKT,SPHD,STAG,SWK,T,TROW,TRV,UA,UTX,VFC,VTR,VZ,WFC,WPC,WSM. 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.

Editor's Note: This article covers one or more microcap stocks. Please be aware of the risks associated with these stocks.