The latest news about Dividend Aristocrats and US companies increasing their dividends
RPM International increases dividend for 41st consecutive year
Dividend Aristocrat RPM International (RPM) will raise its quarterly dividend by 8,3% from $0,24 to $0,26 per share. The specialty chemicals company now has raised the dividend for 41 consecutive years.
At a stock price of $44 the indicated dividend yield for RPM International is 2,4%.
American Electric Power Company (AEP) will raise its quarterly dividend by 5.7 percent to 74 cents per share in 2020. This follows a 4.5 percent increase to $0.70 per share in 2019 and will mark the 11th consecutive year of annual dividend increases by the utility holding company.
Marlboro is a brand of Altria Dividend Aristocrat Altria Group (MO) will raise its dividend again this year. The quarterly payment will be raised by $0.02 to 86 cents quarterly per share. The new annual dividend rate yields an estimated 8.1 percent at the current stock price.