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 However, since this list is only produced once per month, the data in it can quickly get out of date.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 around 750 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 Changes

In the past week, the following companies on the Champion or Contender lists declared dividends which changed from their previous payouts.

Increases:

Company

Symbol

Ex-Div

Pay

Old Rate

New Rate

Increase

Yield

Years

Automatic Data Proc.

(ADP)

12/10

1/1

0.91

0.93

2.20%

2.17%

45

Assurant Inc.

(AIZ)

11/27

12/21

0.63

0.66

4.76%

1.98%

17

Atmos Energy

(ATO)

11/27

12/14

0.575

0.625

8.70%

2.45%

37

BOK Financial Corp.

(BOKF)

11/13

11/24

0.51

0.52

1.96%

3.08%

16

Farmers & Merchants Bancorp

(OTCQX:FMCB)

12/8

1/2

7.25

7.5

3.45%

2.10%

58

Lancaster Colony Corp.

(LANC)

12/4

12/31

0.7

0.75

7.14%

1.72%

58

MDU Resources

(MDU)

12/9

1/1

0.2075

0.2125

2.41%

3.42%

29

New Jersey Resources

(NJR)

12/15

1/4

0.3125

0.3325

6.40%

3.65%

26

Roper Technologies Inc.

(ROP)

1/7

1/22

0.5125

0.5625

9.76%

0.57%

28

Southside Bancshares

(SBSI)

11/24

12/10

0.31

0.32

3.23%

4.32%

26

Service Corp. International

(SCI)

12/14

12/31

0.19

0.21

10.53%

1.68%

10

Visa Inc.

(V)

11/12

12/1

0.3

0.32

6.67%

0.61%

13

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Decreases:

None

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, Nov. 16 (Ex Div 11/17)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Aflac Inc.

(AFL)

12/1

0.28

41.52

2.70%

38

Bar Harbor Bankshares

(BHB)

12/18

0.22

23.49

3.75%

16

Chevron Corp.

(CVX)

12/10

1.29

83.03

6.21%

33

Consolidated Edison

(ED)

12/15

0.765

81.63

3.75%

46

Marathon Petroleum Corp.

(MPC)

12/10

0.58

37.56

6.18%

10

Target Corp.

(TGT)

12/10

0.68

162.88

1.67%

53

Valero Energy Corp.

(VLO)

12/9

0.98

50.92

7.70%

10

Tuesday, Nov. 17 (Ex-Div 11/18)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Archer-Daniels-Midland

(ADM)

12/10

0.36

49.86

2.89%

45

Littelfuse Inc.

(LFUS)

12/3

0.48

224.93

0.85%

10

LeMaitre Vascular Inc.

(LMAT)

12/3

0.095

37.2

1.02%

10

Microsoft Corp.

(MSFT)

12/10

0.56

216.51

1.03%

19

Resources Connection Inc.

(RGP)

12/17

0.14

12.04

4.65%

10

Thomson Reuters Corp.

(TRI)

12/15

0.38

83.11

1.83%

27

Walgreens Boots Alliance Inc.

(WBA)

12/11

0.4675

42.71

4.38%

45

Wednesday, Nov. 18 (Ex-Div 11/19)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Cummins Inc.

(CMI)

12/3

1.35

236.55

2.28%

15

Evergy Inc

(EVRG)

12/21

0.535

57.11

3.75%

16

Healthcare Services Group Inc.

(HCSG)

12/24

0.205

22.98

3.57%

18

Hershey Company

(HSY)

12/15

0.804

154

2.09%

11

L3Harris Technologies Inc

(LHX)

12/4

0.85

194.3

1.75%

19

Microchip Technology Inc.

(MCHP)

12/4

0.3685

126.15

1.17%

19

Magna International Inc.

(MGA)

12/4

0.4

59.57

2.69%

11

3M Company

(MMM)

12/12

1.47

169.79

3.46%

62

Primerica Inc.

(PRI)

12/14

0.4

127.14

1.26%

11

Reliance Steel & Aluminum Co.

(RS)

12/4

0.625

118.2

2.12%

10

Snap-on Inc.

(SNA)

12/10

1.23

171.32

2.87%

11

Whirlpool Corp.

(WHR)

12/15

1.25

188.73

2.65%

10

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Thursday, Nov. 19 (Ex-Div 11/20)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Moody’s Corp.

(MCO)

12/14

0.56

275.41

0.81%

11

Ryder System

(R)

12/18

0.56

55.8

4.01%

15

Tractor Supply Company

(TSCO)

12/8

0.4

131.98

1.21%

11

Friday, Nov. 20 (Ex-Div 11/23)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Johnson & Johnson

(JNJ)

12/8

1.01

149.9

2.70%

58

Prudential Financial Inc.

(PRU)

12/17

1.1

73.13

6.02%

12

Steris plc

(STE)

12/18

0.4

192.79

0.83%

16

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

Aaron’s Holdings Co. Inc.

(AAN)

11/20

0.045

0.3%

Ameriprise Financial Inc.

(AMP)

11/20

1.04

2.3%

Artesian Resources

(ARTNA)

11/20

0.2571

2.6%

AptarGroup Inc.

(ATR)

11/18

0.36

1.2%

Brown & Brown Inc.

(BRO)

11/18

0.0925

0.8%

Caterpillar Inc.

(CAT)

11/20

1.03

2.4%

Cambridge Bancorp

(CATC)

11/19

0.53

3.0%

Clorox Company

(CLX)

11/20

1.11

2.1%

California Water Service

(CWT)

11/20

0.2125

1.6%

Eaton Corp. plc

(ETN)

11/20

0.73

2.6%

Franklin Electric Co.

(FELE)

11/19

0.155

0.9%

Heritage Financial Corp.

(HFWA)

11/18

0.2

3.3%

Hawkins Inc.

(HWKN)

11/20

0.2325

1.8%

J.B. Hunt Transport Services Inc.

(JBHT)

11/20

0.27

0.8%

Lazard Limited

(LAZ)

11/20

0.47

5.1%

PetMed Express Inc.

(PETS)

11/20

0.28

3.7%

Unum Group

(UNM)

11/20

0.285

5.5%

VSE Corp.

(VSEC)

11/18

0.09

1.1%

Washington Federal Inc.

(WAFD)

11/20

0.22

3.6%

West Pharmaceutical Services

(WST)

11/18

0.17

0.2%

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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.

Looking for more in depth analysis of high quality dividend stocks? Check out the Dividend Kings marketplace service!

Disclosure: I am/we are long JNJ, LHX, MPC. 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.



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