Seeking Alpha

Dividend Champion And Contender Highlights: Week Of October 13

|
Includes: ACN, AOS, AXS, BANF, CAH, CAT, CBRL, CINF, COR, DTE, ECL, EPD, ESS, EV, FLIC, FMAO, FRT, FUL, GGG, HIFS, HRL, IBOC, IEX, IPAR, KWR, LECO, LEG, LII, LMNR, MDT, MKC, NFG, O, OZK, PG, PNR, POR, RBCAA, RGLD, RSG, SRE, UBA, UFS, WDFC, WPC, XEL
by: Justin Law
Summary

A weekly summary of dividend activity for Dividend Champions and Contenders.

Companies which declared increased dividends.

Companies with upcoming ex-dividend dates.

Companies with upcoming pay dates.

Introduction

The Dividend Champions list is a monthly compilation of companies which have consistently increased their annual dividend payouts, and the latest edition may be found here. However, since this list is only produced once per month, the data in it can quickly get out of date. Furthermore, with close to 900 companies on the list, the sheer amount of data can quickly become overwhelming. In this weekly series, I highlight recent and upcoming dividend related activity for companies holding Champion (25+ years) and Contender (10-24 years) status.

In the data presented below, Yield is forward annualized and Years reflects the up-to-date streak, including dividends declared since the last edition of the Dividend Champions list.

Dividend Increases

In the past week, the following companies declared dividends which were higher than their previous payouts.

Company

Symbol

Ex-Div

Pay

Old Rate

New Rate

Increase

Yield

Years

A.O. Smith Corp.

(AOS)

10/30

11/15

0.22

0.24

9.09%

2.00%

26

Enterprise Products Partners LP

(EPD)

10/30

11/12

0.44

0.4425

0.57%

6.42%

22

Eaton Vance Corp.

(EV)

10/30

11/15

0.35

0.375

7.14%

3.45%

39

Last Chance to Buy

These companies have ex-dividend dates approaching. The following tables indicate the last day you can buy these stocks in order to be eligible for the upcoming dividend. Tables are sorted alphabetically by symbol.

Monday October 14 (Ex-Div 10/15)

Company

Symbol

Pay Date

Payout

Type

Price

Yield

Years

IDEX Corp.

(IEX)

10/31

0.5

No Change

159.44

1.25%

10

Tuesday October 15 (Ex-Div 10/16)

Company

Symbol

Pay Date

Payout

Type

Price

Yield

Years

Accenture plc

(ACN)

11/15

0.8

Increase

184.97

1.73%

15

H.B. Fuller Company

(FUL)

10/31

0.16

No Change

47.27

1.35%

50

Quaker Chemical Corp.

(KWR)

10/31

0.385

No Change

157.38

0.98%

12

Wednesday October 16 (Ex-Div 10/17)

Company

Symbol

Pay Date

Payout

Type

Price

Yield

Years

Cracker Barrel Old Country

(CBRL)

11/5

1.3

No Change

158.81

3.27%

17

Procter & Gamble Co.

(PG)

11/15

0.7459

No Change

121.09

2.46%

63

Pentair Ltd.

(PNR)

11/1

0.18

No Change

37.36

1.93%

43

WD-40 Company

(WDFC)

10/31

0.61

No Change

184.36

1.32%

10

Thursday October 17 (Ex-Div 10/18)

Company

Symbol

Pay Date

Payout

Type

Price

Yield

Years

Caterpillar Inc.

(CAT)

11/20

1.03

No Change

128.4

3.21%

26

Graco Inc.

(GGG)

11/6

0.16

No Change

45.27

1.41%

22

Hormel Foods Corp.

(HRL)

11/15

0.21

No Change

41.16

2.04%

53

Friday October 18 (Ex-Div 10/21)

None

Money on the Way

The following companies have dividend pay dates in the upcoming week (Tuesday through the following Monday). Check if you want your DRIPs to reinvest at these yields…or take the cash and go have a steak dinner!

Company

Symbol

Pay Date

Payout

Yield

AXIS Capital Holdings Ltd.

(AXS)

10/15

0.4

2.57%

BancFirst Corp.

(BANF)

10/15

0.32

2.32%

Cardinal Health Inc.

(CAH)

10/15

0.4811

4.10%

Cincinnati Financial

(CINF)

10/15

0.56

1.93%

CoreSite Realty Corp.

(COR)

10/15

1.22

4.12%

DTE Energy Company

(DTE)

10/15

0.945

2.91%

Ecolab Inc.

(ECL)

10/15

0.46

0.94%

Essex Property Trust

(ESS)

10/15

1.95

2.39%

First of Long Island Corp.

(FLIC)

10/18

0.18

3.18%

Farmers and Merchants Bancorp

(FMAO)

10/20

0.15

2.33%

Federal Realty Inv. Trust

(FRT)

10/15

1.05

3.08%

Hingham Institution for Savings

(HIFS)

10/16

0.4

0.85%

International Bancshares Corp.

(IBOC)

10/15

0.55

2.86%

Inter Parfums Inc.

(IPAR)

10/15

0.275

1.55%

Lincoln Electric Holdings

(LECO)

10/15

0.47

2.23%

Leggett & Platt Inc.

(LEG)

10/15

0.4

3.91%

Lennox International Inc.

(LII)

10/15

0.77

1.29%

Limoneira Company

(LMNR)

10/16

0.075

1.62%

Medtronic plc

(MDT)

10/18

0.54

2.01%

McCormick & Co.

(MKC)

10/21

0.57

1.38%

National Fuel Gas

(NFG)

10/15

0.435

3.87%

Realty Income Corp.

(O)

10/15

0.227

3.50%

Bank OZK

(OZK)

10/18

0.25

3.64%

Portland General Electric Co.

(POR)

10/15

0.385

2.73%

Republic Bancorp

(RBCAA)

10/18

0.264

2.44%

Royal Gold Inc.

(RGLD)

10/18

0.265

0.86%

Republic Services Inc.

(RSG)

10/15

0.405

1.88%

Sempra Energy

(SRE)

10/15

0.9675

2.66%

Urstadt Biddle Properties

(UBA)

10/18

0.275

4.64%

Domtar Corp.

(UFS)

10/15

0.455

5.18%

W.P. Carey Inc.

(WPC)

10/15

1.036

4.57%

Xcel Energy

(XEL)

10/20

0.405

2.56%

Conclusion

I hope you found this article useful. Please let me know if you have any ideas for improving the format or data included in this series.

Disclosure: I am/we are long O. 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.