Investors now have 3 new dividend aristocrat stocks for 2011 to consider.
Automatic Data Processing announced today that the company is increasing their quarterly dividend by 6% to $.36 per share.
This marks the 38th consecutive year that VFC has increased their dividend payout putting them in the elite group of dividend aristocrat stocks.
This marks the 37th consecutive year that RPM has increased their cash dividend putting them in a very elite group.
This marks the 47th consecutive year that Nordson has increased their dividend payment.
Pepsi increased their dividend by 7%, but their dividend yield is still below Coca Cola's 3.3% yield.