Companies often set up a model that increases dividends at the same time each year, giving investors a reliable cash flow and enticing them to stick around for the long term. With help from StreetInsider and InvestmentPro+ data, here’s your weekly list of companies that are likely to increase their payouts over the next week, based on what they did this time last year – as well as their payout history , which can help you better know if they are likely to rise again.
Strong dividend growth streak
1. McCormick (NYSE:MKC): Up 8.8% last year and currently has an annual payout of $1.48, a yield of 1.7% and a payout ratio of 55.99%. Its dividend growth streak is 36 years.
2. Ecolab (NYSE:ECL): Up 6.3% last year and currently has an annual payout of $2.04, a yield of 1.4% and a payout ratio of 52.41%. Its dividend growth streak is 36 years.
3. Graco (NYSE:GGG): Up 12% last year and currently has an annual payout of $0.84, a return of 1.2% and a payout ratio of 30.51%. Its dividend growth streak is 16 years.
4. Nucor (NYSE:NUE): Up 23.5% last year and currently has an annual payout of $2, a yield of 1.3% and a payout ratio of 6.06%. Its dividend growth streak is 12 years.
5. Morningstar Inc (NASDAQ:MORN): Up 14.3% last year and currently has an annual payout of $1.44, a yield of 0.6%, and a payout ratio of 48.34%. Its dividend growth streak is over 10 years.
6. AES (NYSE:AES): Up 5% last year and currently has an annual payout of $0.63, a return of 2.2% and a payout ratio of -151.27%. Its dividend growth sequence is 10 years.
7. Mastercard Inc (NYSE:MA): Up 11.4% last year and currently has an annual payout of $1.96, a yield of 0.6% and a payout ratio of 19.05%. Its dividend growth sequence is 10 years.
8. RGC Resources Inc (NASDAQ:RGCO): Up 5.4% last year and currently has an annual payout of $0.78 and a yield of 3.3%. Its dividend growth streak is 8 years.
9. Bank of Montreal (NYSE:BMO): Up 25.5% last year and currently has an annual payout of $5.56, a yield of 5.6% and a payout ratio of 24.15%. Its dividend growth sequence is 6 years.
10. Eastgroup Properties (NYSE:EGP): Up 22.2% last year and currently has an annual payout of $5, a return of 3.2% and a payout ratio of 80.27%. Its dividend growth sequence is 10 years.
11. Eastman Chemical (NYSE:EMN): Up 10.1% last year and currently has an annual payout of $3.04, a yield of 3.5% and a payout ratio of 32.73%. Its dividend growth streak is 12 years.
12. Merck & Company Inc (NYSE:MRK): Up 6.2% last year and currently has an annual payout of $2.76, a yield of 2.6% and a payout ratio of 45.25%. Its dividend growth streak is 11 years.
13. Hillenbrand (NYSE:HI): Up 1.2% last year and currently has an annual payout of $0.87, a yield of 1.8% and a payout ratio of 29.68%. Its dividend growth streak is 14 years.
Dividend growth series under 5 years
Ethan Allen (NYSE:ETD) Interiors Inc.: Up 16% last year and currently has an annual payout of $1.28, a yield of 4.5% and a payout ratio of 21.91%. Its dividend growth sequence is 1 year.
PulteGroup (NYSE:PHM): Up 7.1% last year and currently has an annual payout of $0.6, a yield of 1.3% and a payout ratio of 6.08%. Its dividend growth sequence is 4 years.
Stewart Information Services (NYSE:STC): Up 13.6% last year and currently has an annual payout of $1.50, a yield of 3.4% and a payout ratio of 18.14%. Its dividend growth sequence is 1 year.
Universal Health (NYSE:UHS) (NYSE:O) Trust (NYSE:UHT) Real Estate Income: Up 0.7% last year and currently has an annual payout of $2.84, a yield of 5.5% and a payout ratio of 8.08%. Its dividend growth sequence is 1 year.
Four Corners Property Trust (NYSE:FCPT): Up 4.7% last year and currently has an annual payout of $1.36, a yield of 5% and a payout ratio of 106.04%. Its dividend growth streak is less than 1 year.
Quanta Services (NYSE:PWR): Up 16.7% last year and currently has an annual payout of $0.28, a yield of 0.2% and a payout ratio of 9.09%. Its dividend growth sequence is 3 years.
Community Finance Corporation (NASDAQ:TCFC): Up 16.7% in the last year and currently has an annual payout of $0.7, a yield of 1.7% and a payout ratio of 13.25%. Its dividend growth sequence is 1 year.
Owens Corning (NYSE:OC): Up 34.6% last year and currently has an annual payout of $1.40, a yield of 1.5% and a payout ratio of 9.67%. Its dividend growth sequence is 3 years.
Raymond James Financial (NYSE:RJF): Up 30.8% last year and currently has an annual payout of $1.36, a yield of 1.36% and a payout ratio of 18.36%. Its dividend growth sequence is 1 year.
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