Clarcor increases dividend for 31st consecutive year

Auto Parts maker Clarcor will raise its quarterly dividend by 17,6% from $0,17 to $0,20 per share. It's the 31st consecutive year of annual dividend increases for this Dividend Aristocrat.

The company has raised its dividend every year since 1983. The new annual dividend of $0,80 per share gives Clarcor (ticker CLC) an indicated dividend yield of 1,3% at Friday's (September 26th) closing price of $63,21.

Last year Clarcor increased its dividend by 25,9% from $0,14 to $0,17 per share.

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