Ecolab (ECL) will raise its quarterly dividend by 2.1 percent to 48 cents per share in 2020. This follows a dividend hike of 2.2 percent to $0.47 per share announced by the Dividend Aristocrat in 2019. Ecolab has now raised its dividend 35 consecutive years. The next dividend will be paid January 15, 2021, to shareholders of record at the close of business on December 15, 2020. A new annual rate of $1.92 per share yields 0.9% at a stock price of $223. Commenting on the increase, Douglas M. Baker, Jr., Ecolab’s Chairman and Chief Executive Officer said, “While 2020 has been a challenging year due to the global impact of COVID-19 on our markets and business, our mission to make the world cleaner, safer and healthier is even more important than ever. We remain confident that Ecolab’s business is well-positioned for strong growth in the years ahead. This cash dividend increase reflects that confidence as well as our solid financial position, excellent cash flow and commitment to shareholde...