On March 31st, 2020, S&P Dow Jones indices announced changes to the Dividend Aristocrats Index. United Technologies (UTX) merged with Raytheon to form Raytheon Technologies, changed its ticker to RTX, and spun off Carrier Global (CARR) and Otis Worldwide (OTIS). As a result, Otis Worldwide Corp. and Carrier Global Corp. (NYSE:CARR) will be added to…
The Dividend Aristocrats are companies of the S&P 500 that have paid steadily increasing dividends for at least 25 years have outperformed the broader market over time. On Tuesday, The Dow Jones Industrial Average DJIA, soared 2,113 points (11.36%) to close at 20,704.91, for its best one-day percentage performance since 1933. The S&P 500 Index…
Dividend Aristocrat Nucor Corp. (NUE) expects Q1-2020 earnings to be in the range of $0.95 to $1.00 per share. This is a decrease from the first quarter of 2019 earnings of $1.63 per share, which included a benefit of $0.08 per share. Order rates, backlogs and utilization rates at the company’s steel mills have remained…
Dividend Aristocrat Realty Income Corporation (O) recently announced its 106th common stock monthly dividend increase, since 1994. The company will now pay $0.2330 per share compared with the previous monthly dividend of $0.2325. The increased dividend will be paid on April 15, to shareholders on record as of April 1, 2020. The new annual dividend…
Dividend Aristocrat Consolidated Edison, Inc. (ED) reported 2019 net income for common stock of $1,343 million or $4.09 a share compared with $1,382 million or $4.43 a share in 2018. For the fourth quarter of 2019, net income for common stock was $295 million or $0.89 a share compared with $331 million or $1.06 a…
Dividend Aristocrat and Dividend King Coca-Cola (KO), the world’s largest soft drinks maker, said on Thursday that it is raising its quarterly dividend by 2.5% from $0.40 to $0.41 a share. This is the 58th consecutive annual dividend increase. The dividend is payable on 1 April to shareholders on record as of 15 March. The…
Dividend Aristocrat Leggett & Platt (LEG) announced a dividend of $.40 per share for the first quarter, an increase of $.02 per share or 5.3% versus the previous quarterly dividend of $.38. Leggett & Platt has increased its annual dividend for 49 consecutive years now and is close to the Dividend King status. At an…
Dividend Aristocrat Walmart (WMT) reported on Tuesday weaker-than-expected fiscal fourth-quarter earnings due to a shorter-than-usual holiday shopping season. The company said that fiscal 2021 earnings would miss analysts’ estimates. Walmart’s earnings for the three months ended January were $4.14 billion, or $1.45 a share vs. earnings of $3.69 billion, or $1.27 a share, compared to…
Dividend Aristocrat PepsiCo (PEP) reported its Fourth Quarter and Full-Year 2019 Earnings, here is a breakdown of the most relevant items: PepsiCo EPS in-line, higher revenues PepsiCo reported revenues up 5.7% to $20.64 billion from $19.52 billion, and Pepsi said its organic revenue growth was 4.3%. Pepsico’s core EPS of $1.45 a share was almost…
For global dividend growth investors, the Canadian dividend aristocrats list can be a source of investment ideas. Like the US Dividend Aristocrats, the “Canadian” version is also created and maintained by S&P. The major difference is the number of consecutive years of dividend increases. To become a member of the Canadian dividend aristocrats list, 5…