This marks the 49th consecutive year that the dividend aristocrat has raised their quarterly dividend.
Here is a look at 7 hot Dow stocks that have seen their stock prices climb each month in 2011.
This marks the 55th consecutive year that Procter & Gamble has increased their dividend.
AT&T is already the highest yielding stock in the Dow Jones index, so investors shouldn’t expect a significant dividend increase this year.
Former CEO Jeff Kindler had indicated in August that a Pfizer dividend increase would likely come in December.
Since the beginning of 2010, CVX shares have gained nearly 15% and have outpaced the 9.6% gain in the Dow Jones index.
Through the first nine months of the year, dividend payments have increased $18.5 billion.
Here are 3 dividend aristocrat stocks that have proven capable of posting strong performances in any market.
Verizon Communications announced today that the company is increasing their quarterly dividend by 2.6 percent to $.4875 per share.
Kraft Food’s current dividend yield now stands at 3.9% and ranks 6th among the Dow Jones stock components.
Despite their tremendous cash flow, the world’s largest retailer remains one of the lower yielding dividend stocks in the Dow Jones index.
Honeywell announced today that its Board of Directors has approved a quarterly dividend of $.3025 per share.
High yielding Dow component Verizon Communiciations announced yesterday that they are maintaining their quarterly dividend of $.46 per share.
The Home Depot announced today that their Board of Directors has approved a cash dividend for the 89th consecutive quarter.
Pharmaceutical giant Merck & Co. announced today that they are maintaining their quarterly dividend payment of $.38 per share.
McDonald’s announced today that their Board of Directors has approved a quarterly dividend of $.50 per share.
BB&T announced yesterday that they are reducing their quarterly dividend by 68% to $.15 per share.
Tidewater announced today that will maintain their quarterly dividend payment of $.25 per share.
Pharmaceutical giant Pfizer announced today that they are slashing their quarterly dividend by 50% to $.16 per share.