The last hike – a 9.8% improvement to 89.5 cents per share quarterly – came in February 2022. Colgate’s dividend dates back more than a century, to 1895, and the company has increased it annually for 60 years. CL last raised its payment in March 2022, upping the quartley distribution by 2 cents to 47 cents per share. Indeed, in November 2021, Hormel announced its 56th consecutive dividend increase – a 6% raise to 26 cents per share quarterly. The packaged foods company is rightly proud to note that it has paid a regular dividend without interruption since becoming a public company in 1928.

Its portfolio includes branded generic drugs, medical devices, nutrition and diagnostic products. Some of its best-known products include Similac infant formulas, Glucerna diabetes management products and i-Stat diagnostics devices. Kimberly-Clark’s well-known brands include Huggies diapers, Scott paper towels and Kleenex tissues. Like other makers of consumer staples, Kimberly-Clark holds out the promise of delivering slow but steady growth along with a healthy dividend to drive total returns. VF Corp. is an apparel company with a large number of brands under its umbrella, including The North Face outdoor products, Timberland boots and Eastpak backpacks. Automatic Data Processing is the world’s largest payroll processing firm, responsible for paying nearly 40 million employees and serving more than 920,000 clients across 140 countries.

Dividend stocks are long-term investments

If the ratio exceeds 100% or is negative , this indicates the company may be borrowing to pay dividends. In these two cases, the dividends are at a relatively greater risk of being cut. Indeed, the conglomerate’s dividend dates back more than a century. Even better, 3M has been delivering annual dividend increases to investors for 64 years. The most recent hike came Dividend Stocks in early February 2022 when the company bumped the quarterly payout by a penny to $1.49 per share. As a result of all that M&A, BDX boasts a highly diversified portfolio of products – and the ample free cash flow needed to support continued dividend growth. BDX last raised its payout in November 2021 with a 4.8% raise to the quarterly dividend to 87 cents a share.

Analysts expect EMR’s revenue for the fourth quarter ending September 30, 2022, to increase 9.3% year-over-year to $5.41 billion. Street expects its EPS to increase 17.4% year-over-year to $1.42 in the ongoing quarter. It surpassed the EPS estimates in each of the trailing four quarters. The stock has gained 8.5% over the past month to close the last trading https://accounting-services.net/ session at $87.03. During the fiscal third quarter ended June 30, 2022, EMR’s net sales increased 6.5% year-over-year to $5 billion. The company’s net earnings grew 46.9% from the year-ago value to $921 million, while its adjusted EPS grew 16% from the prior-year quarter to $1.38. Also, its adjusted EBITA rose 21.3% year-over-year to $1.14 billion.

Dividend taxation

It also happens to be the lone energy-sector name among the 30 stocks in the Dow Jones Industrial Average. The company owns more than 6,700 commercial real estate properties that are leased out to more than 630 tenants – including Walgreens , 7-Eleven, FedEx and Dollar General – operating in 58 industries. Top Dividend Mutual Funds Want to own a diversified collection of stocks that offer dividends? Investment calculator, we can see that a $5,000 investment that grows at 6% annually for 20 years could grow to over $16,000. Bump that up to 8% growth to include dividends, and that $5,000 could grow to over $24,000.

Chevron’s next Ex-dividend date is August 18, 2022 and its next payout date is September 12, 2022. Xerox currently pays a dividend of $0.25 which represents an annual dividend yield of 5.22%. Xerox’s next Ex-dividend date is September 29, 2022 and its next payout date is October 31, 2022. High-yield stocks can be very helpful to shore up income after retirement. A $120,000 investment in stocks with an average dividend yield of 5% creates an average of $500 a month in dividends.

Popular Stocks

We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in oureditorial policy.

• Discover dividend stocks matching your investment objectives with our advanced screening tools.
• Julius Mansa is a CFO consultant, finance and accounting professor, investor, and U.S.
• Consolidated Edison is the largest utility company in New York State by number of customers.
• Yield isn’t everything when it comes to finding the best dividend stocks.
• We selected companies that have raised their dividends steadily for years and are considered safe due to their strong balance sheets.
• The benchmark also incorporates profitability measures, such as return on invested capital.

In addition to increasing the dividend, the company announced a new $5 billon share repurchase program. Johnson & Johnson , founded in 1886 and public since 1944, operates in several different segments of the healthcare industry. In addition to pharmaceuticals, it makes over-the-counter consumer products such as Band-Aids, Neosporin and Listerine.

Dividend Stock Events

This may make their share price less attractive when the economy is going well. But, these stocks will tend to outperform when the economy is slowing down. JPMorgan Chase & Co.is one of the largest financial institutions in the U.S., offering retail and commercial banking, wealth management and investment banking services.

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