The week before the Thanksgiving Holiday generally marks a slowdown in activity, but not this week. Ahead of the holiday, athletic apparel giant Nike (NKE) rewarded shareholders with a 12th consecutive annual dividend increase, while paint and coatings king Valspar (VAL) provided a 36th consecutive annual dividend increase for its shareholders.
In total, 11 companies made it on to our Companies Increasing Dividends list. (Note: All dividend yields are as of 11/22.)
Bio-analytical and measurement company Agilent Technologies (A) raised its quarterly dividend 10% to 13.20 cents per share, payable on Jan. 22 to shareholders of record Dec. 31.
A Dividend Yield: 1%
Alcohol manufacturer and distributor Brown-Forman (BF.B) raised its quarterly dividend 13.7% to 29 cents per share, payable on Dec. 27 to shareholders of record as of Dec. 4.
BF.B Dividend Yield: 1.54%
Financial services holding company Chemical Financial (CHFC) raised its quarterly dividend 4.5% to 23 cents per share, payable on Dec. 20 to shareholders of record as of Dec. 6.
CHFC Dividend Yield: 2.98%
Reinsurance and insurance underwriters Everest Re Group (RE) raised its dividend 56% to 75 cents per share, payable on Dec. 18 to shareholders of record as of Dec. 4.
RE Dividend Yield: 1.92%
Automatic temperature control device manufacturer Johnson Controls (JCI) raised its quarterly dividend 16% to 22 cents per share, payable on Jan. 6 to shareholders of record as of Dec. 16.
JCI Dividend Yield: 1.75%
Fine paper manufacturer and distributor Neenah Paper (NP) raised its quarterly dividend 20% to 24 cents per share, payable on Mar. 4 to shareholders of record as of Feb. 14.
NP Dividend Yield: 2.41%
Worldwide athletic apparel and products manufacturer Nike (NKE) raised its quarterly dividend 14% to 24 cents per share, payable on Jan. 6 to shareholders of record as of Dec. 16. The increase marks the 12th consecutive annual dividend increase for NKE.
NKE Dividend Yield: 1.22%
Branded food products distributor Pinnacle Foods (PF) raised its dividend 16.7% to 21 cents per share, payable on Jan. 10 to shareholders of record as of Dec. 2.
PF Dividend Yield: 2.95%
Louisville-based bank holding company S.Y. Bancorp (SYBT) raised its quarterly dividend 5% to 21 cents per share, payable on Dec. 31 to shareholders of record as of Dec. 9.
SYBT Dividend Yield: 2.71%
Coatings and paint manufacturer Valspar (VAL) increased its dividend 13% to 26 cents per share, payable on Dec. 13 to shareholders of record as of Dec. 2. The increase marks the 36th consecutive year the company has raised its annual dividend.
VAL Dividend Yield: 1.45%
Energy infrastructure operator Williams Companies (WMB) raised its quarterly dividend 17% to 38 cents per share, payable on Dec. 30 to shareholders of record as of Dec. 13.
WMB Dividend Yield: 4.29%
Marc Bastow is an Assistant Editor at InvestorPlace.com. As of this writing he did not hold a position in any of the aforementioned securities. For more payout winners, see previous weeks’ lists of Companies Increasing Dividends.
