The Following is a Select List of Stock Dividend Increases for the Month of May, 2017
PG&E Corporation (PCG)
PG&E (Pacific Gas & Electric Company) serves over 15 million Californians. PG&E has evolved from literally dozens of companies over 150 years to form its present corporate makeup.
“The San Francisco Gas Company is founded by Peter and James Donahue. Over the next half-century, the company merges with rival energy pioneers and competitors to form new companies, ultimately concluding in the merger of the San Francisco Gas and Electric Company and the California Gas and Electric Corporation to form Pacific Gas and Electric Company in 1905.”
In its May 2017 Dividend announcement PG&E has increased its dividend by 8%. Quarterly from $0.49 to $0.53 per share.
Its new annual dividend is now $2.12 per share.
Tiffany & Co. (TIF)
TIffany & Co. , founded in 1837 is a jewelry store and operates over 300 stores worldwide.
In its May 2017 dividend announcement Tiffany Increased its Dividend 11%. Quarterly from $0.45 to $0.50 per share.
Its new annual dividend is now $2.00 per share.
Flowers Foods, Inc. (FLO)
Flowers Foods is one of the largest Packaged Bakeries in the United States. Flowers Foods is headquartered in Thomasville, Georgia and operates 40 Bakeries in the U.S.
Flowers Foods’ top DSD brand is Nature’s Own, the #1-selling bread brand in the United States.* Other top brands include Whitewheat, Wonder, Cobblestone Bread Co., and Tastykake. Source: Flowers Food Website.
In its May 2017 Dividend declaration Flowers foods increased its quarterly Dividend 6% from $0.16 to $0.17 per share.
Its new annual dividend is now $0.68 per share.
Cracker Barrel Old Country Store, Inc. (CBRL)
Cracker Barrel was established in 1969 and is headquartered in Lebanon, Tenn. It is a restaurant and store combination specializing in American classic comfort food. Cracker Barrel operates approximately 635 Restaurants in 42 states within the U.S.
In its May, 2017 Dividend announcement Cracker Barrel increased its quarterly dividend from $1.15 to $1.20 per share.
Its new annual dividend is now $4.80 per share.
Northrop Gruman Corporation (NOC)
Northrop Gruman traces its history back to 1939 when it was the Northrop Aircraft Corporation. In 1994 it merged with the Gruman Corporation and still bears the namesake today. It made several more acquisitions after that to become an industry giant. Today it is known mainly as a Defense contractor and sectors include; Advanced Electronics, Military Aviation, Missile defense , Commercial Aviation and Naval Systems just to name a few.
In its May 2017 Dividend announcement Northrup Gruman has Increased its Dividend 11%. Its quarterly dividend will be increasing from $0.90 to $1.00 per share.
Its new annual dividend is now $4.00 per share.
BWX Technologies, Inc. (BWXT)
BWX Technologies history goes back to the 1850’s and was originally part of the Babcock and Wilcox Company. It was spun off of the Babcock & Wilcox Company in 2015 to allow its focus to be on Government and Nuclear Power.
BWX Technologies has announced a Dividend Increase in May 2017 of 22.2%. Its quarterly dividend is increasing from $0.09 to $0.11 per share.
Its new annual Dividend is now $0.44 per share.
Tractor Supply Company (TSCO)
The Tractor Supply Company is a specialty retailer that specializes in Farm, Ranch and Lawn and Garden equipment and supplies.
In its May 2017 it has announced an Increase in its quarterly dividend of 12.5% increasing the dividend from $0.24 to $0.27 per share.
Its new annual dividend is now $1.08 per share.
The Clorox Company (CLX)
The Clorox Company manufactures many recognizable household brands including Clorox Bleach, Glad Trash Bags, Pine Sol, Brita Water Filters, Liquid Plumber, Kingsford Charcoal and many more.
In its May 2017 dividend increase Clorox raised its quarterly dividend from $0.80 to $0.84 per share.
Annually the dividend is now $3.36 per share.
Sturm, Ruger & Company (RGR)
Strum, Ruger is a Firearms manufacturer and includes the manufacture of Pistols, Revolvers, Rifles and related accessories.
In its May 2017 announced dividend increase it has increased its quarterly dividend from $0.44 to $0.48 per share.
Its new annual dividend is now $1.92 per share.
Newell Brands, Inc. (NWL)
Newell Brands is a conglomerate of many consumer brands most will recognize. Some of their many popular brands include Yankee Candle, Sunbeam, Mr. Coffee, Crockpot, Rubbermaid, Sharpie, Elmers Glue, Coleman, Graco, Ball, First Alert, and many more.
In its May 2017 dividend increase Newell raised its quarterly dividend from $0.19 to $0.20 per share.
Its new annual dividend is now $0.80 per share.
PetMed Express, Inc. (PETS)
PetMed Express is a licensed pharmacy for Animal and boasts over 9 million customers. It also has the 1-800-PetMed Brand.
In its May 2017 announced dividend increase it raised its quarterly dividend from $0.19 to $0.20 per share.
Its new annual dividend is now $0.80 per share.
Stag Industrial, Inc. (STAG)
Stag Industrial is an Industrial REIT which is headquartered in Boston, MA and owns 324 properties in 37 states and 63 million square feet of industrial space for lease. Since its IPO in July 2010 Stag has grown its portfolio 386%, increased its dividend 37% and has had a total return of 185%.
In it May 2017 dividend increased it increased its Monthly dividend from $0.1166 to $0.1175 per share. Its new annual dividend is $1.41 per share.
American Campus Communities, Inc. (ACC)
American Campus Communities is a REIT (Real Estate Investment Trust) that develops, owns and manages student housing complexes in the United States. Their portfolio of owned and managed properties consists of almost 200 properties with almost 200,000 beds.
In its May 2017 dividend increase it has increased its quarterly dividend from $0.42 to $0.44 per share. Its new annual dividend is $1.76 per share. This represents the 5th annual dividend increase for American Campus Communities.
Spectra Energy Partners, LP (SEP)
Spectra Energy Partners is a Master Limited Partnership (MLP) based in Houston, Texas. It operates Pipelines and storage facilities for Oil & Gas.
In its May 2017 dividend increase it increased its dividend from $0.68875 to $0.70125 per share.
Its new annual dividend is now $2.805 per share.
Southside Bancshares, Inc. (SBSI)
Southside Bancshares is a Holding company for Southside Bank, based in Tyler, Texas.
In its May 2017 increase Southside Bancshares has Increased its Quarterly Dividend from $0.25 to $0.28 per share.
Its new annual dividend is now $1.12
Phillips 66 (PSX)
Phillips 66 is engaged in Oil & Gas Refining and Marketing of Petro Chemical Products
In its most recent increase Phillips 66 has increased its Quarterly Dividend from $0.63 to $0.70 per share.
Its new annual dividend is now $2.80 per share.
Pepsico, Inc. (PEP)
Pepsico, Inc. is a manufacture of various drink products and Frito Lay Snacks.
In its most recent increase Pepsico has increased its Quarterly Dividend from $0.752 to $0.805 per share.
Its new annual dividend is now $3.22.
Apple, Inc (AAPL)
Apple is a manufacturer of popular products such as the IPhone, IPad and other electronic products.
In its most recent increase Apple has increased its Quarterly Dividend from $0.57 to $0.63 per share.
Its new annual Dividend is now $2.52.
Regal Beloit Corporation (RBC)
Regal Beloit is a manufacturer of Electric Motors, Pumps, HVAC equipment , blowers and other related products and systems. The company has raised its Dividends 43 times out of the last 55 years.
In its most recent increase Regal Beloit has increased its Quarterly Dividend from $0.24 to $0.26 per share.
It’s new annual Dividend is now $1.04
For a complete list of Dividend Increases for the month of May 2017 please visit our Dividend News Page.
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