Dividend Increases for May 2017

“Pepsico, Inc. is a manufacture of various drink products and Frito Lay Snacks.”

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

Southside Bancshares Article

 


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. 

 

We love to hear comments from our readers !

Advertisements

113 Dividend Increases Expected

“The CCC list is an excellent resource for Dividend Income Investors.”

One hundred and thirteen companies from Davis Fish’s Dividend Champions, Challengers and Contenders (CCC) list are expected to raise their dividends prior to June 30. This list was compiled by Mr. Fish from his  CCC List and is based on the companies prior history of raising dividends.

Here is a compiled list:

Dividend Champions ( 25 or more years of Dividend Increases )

W.W. Grainger Inc., PPG Industries Inc., Exxon Mobile Corp., Sonoco Products Co.,MSA Safety Inc., Johnson & Johnson, Weyco Group Inc, Conn. Water Service, NACCO Industries, RLI Corp., PepsiCo Inc., Donaldson Company, Farmers & Merchants, Leggett & Platt Inc., UGI Corp., First Financial Corp., Tootsie Roll Industries, National Fuel Gas

Dividend Contenders (10-24 years of Dividend Increases)

Costco Wholesale, Donegal Group Inc. A, Donegal Group Inc. B, People’s United Financial, Franklin Electric Co., Ameriprise Financial Inc., AmeriGas Partners LP,International Business Machines, Southern Company, Xilinx Inc., United Technologies, CCFNB Bancorp Inc, Cullen/Frost Bankers, Expeditors International, FactSet Research Systems, Monro Muffler Brake Inc., Northrop Grumman, Flowers Foods, Travelers Companies, Chesapeake Utilities Corp., W.R. Berkley Corp., FedEx CorpRepublic Bancorp KY, Tiffany & Company, Portland General Electric Company, HDFC Bank Limited, Chubb Limited, National Healthcare Corp., Armanino Foods, Cardinal Health Inc., Farmers & Merchants Bancorp, Regal Beloit Corp.

Dividend Challengers ( 5-9 Years of Dividend Increases)

Signet Jewelers Limited, Aon , Celanese Corp., Lazard Limited, Heritage Financial Corp., Lakeland Bank Corp., Wells Fargo & Co., American Water Works, Apple Inc. , Aspen Insurance, Webster Financial Corp., West Bancorp Inc., Winmark Corp., Invesco Limited, Lithia Motors Inc., Sabra Heath Care REIT, Tractor Supply Company, Materion Corp., Phillips 66, HNI Corp, Pool Corp., Marriott International Inc., PetMed Express Inc., Whirlpool Corp., LyondellBasell Indus., Barnes Group Inc., Avery Dennison Corp., Hyster Yale Materials, KeyCorp, ManPower Group Inc., Sinclair Broadcast GP, Insperity Inc., Southwest Airlines Co., CNO Financial Group, NASDAQ Inc., Legg Mason Inc., Ominicon Group Inc., El Paso Electric Co., Extra Space Storage Inc., Macy’s Inc., MB Financial Inc., Service Corp Int’l, First Financial Bankshares Inc., Franco-Nevada Corp. UnitedHealth Group Inc., Convergys Corp., Lennox International Inc., Towne Bank, Black Box Corp., Domtar Corp., Shoe Carnival Inc.

The CCC list is an excellent resource for Dividend Income Investors. While there of course no guarantees that companies will continue to raise their dividends , history is one of the best indicators. You are encouraged to to visit the CCC List site at the link above.

 

Thoughts or Comments? We would love to hear them.

Does Your Job Guarantee Multiple Salary Increases each Year ?

“fortunately this job is available to each and every person that simply has the desire to do it”

Mind does!

In fact, I get constant “salary increases “. So far this week alone ( It is Wednesday morning in mid April as I write) I have seen two “salary” increases. The first was from Proctor and Gamble (PG) proving me with a 3% increase in my dividend payments. The second was from Gladstone Investment Corporation providing me with a 2.4% boost in my dividends. Almost each and every month of the year I can count on one or more of my Dividend Stocks to increase my dividend payouts providing me with constant raises to my “salary”. No need to meet quotas, deal with performance reviews or haggle with a boss about how much I am worth to the company.

As a Dividend Income Investor its one of my many perks along with being able to take off from work anytime I choose, not having a boss to answer to,travel, spend time with my family. I know many of you say how much you love your jobs and I am truly happy for you but does your job “Love you Back”?

I am not writing this post to brag – fortunately this job is available to each and every person that simply has the desire to do it. I am writing this in hopes of inspiring folks of all ages to see what it took me many years to see. That is the way they look at money, savings and earning money. Most of us look at saving money as a chore or something that you will do for retirement at some point but I am saying that if you just look at it differently it will change not only your outlook of retirement but the way you look at how you currently earn money. And – the good news is that you can still keep your current job if you desire.

Getting started as a Dividend Income Investor is not very difficult, requires no formal education. It requires just a minimal amount of money to get started, will start paying you right away, will start proving you with “salary Increases” immediately and will pay you for the rest of your life and all for just a little bit of your time. Invest a little bit of your time by following this blog to gain the knowledge you need. Becoming a dividend income investor is not difficult it just takes the will power.

Yes I truly Love my “job” , I just wish I had known about it much sooner in life!

 

Come on in folks – We are always hiring !

 

Thoughts or Comments ? We would love to hear them !

In The Spotlight – Omega Healthcare Investors Inc.

Omega  Healthcare Investors (OHI)  is currently one of my favorite stocks. Not just because of its current high yield of 7.66% but because I believe in its long term mission and the long term growth of its dividend. Omega Healthcare has increased its dividend for 18 consecutive quarters, the latest of which occurred in November of 2016 and I am expecting the 19th straight increase announcement any day now. The annual dividend is currently $2.48 per share and I am expecting that to increase for the next quarter to $2.52 per share. How would you like to have a job that increased your salary every quarter ? Well you can from an Investment in Omega Healthcare. For an investor that owns $10,000 of the stock ( about 308 shares at today’s current price) This would mean going from $763.84 in annual dividends to $776.16.

Omega Healthcare is partnered with Operators of Skilled Nursing Facilities (SNF)  and Assisted Living Facilities (ALF) by financing the building facilities and leasing them back to the operators under Triple Net Leases (NNN). Its capital is provided under three different programs which are : Acquisition and Lease, Sale Lease Back, or Reinvestment. It operates as a REIT.

 

 

Omega Healthcare Investors Operator Pie Chart
Omega Healthcare Investors Operator Chart

Image Sources: Omega Healthcare Investors Website

Omega Healthcare currently has 81 operators that operate 1001 facilities that are located in 42 states and one in the United Kingdom. It’s latest credit rating was BBB-  from Fitch Ratings.

Considering all the above facts along with our current aging population I believe Omega Healthcare Investors has a bright future and makes a great long term investment for most any portfolio. This is an especially attractive investment for Dividend Income Investors as it has high yield coupled with a growing dividend and a positive long term outlook.

Want even more information? Omega Healthcare has an excellent Investor Relations presentation on its website proving a large array of facts and details along with current Balance Sheets, Income Statements and Cash Flow Statements. If you are interested in this stock it is certainly worth taking a look.

Visit Omega Healthcare Investors Website

What do you think? I would love to hear your thoughts and opinion. Please comment below!