Dividend Aristocrat Abbott Laboratories (ABT) will raise its quarterly dividend by 25% to $0.45 per share in the first quarter of 2021. This is by far the biggest increase announced by the company since it separated from fellow Aristocrat AbbVie (ABBV).
Dividend Aristocrat Cintas Corporation (CTAS) will raise its quarterly dividend by five cents to $0.75 per share in Q1 of 2021. This marks 38 consecutive years of dividend increases by the work uniforms maker.
Industrial company A.O. Smith (AOS) will increase its quarterly dividend by 8.3% to $0.26 per share this year. Last year the the boiler manufacturer hiked its dividend to $0.24 per share, marking 26 consecutive years of dividend increases.