Dividend Aristocrat Emerson Electric (EMR) will increase its quarterly dividend by 1.0% to $0.505 per share in 2020. This will mark 64 consecutive years of dividend increases by the industrial company.
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.
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.