This week, two Dividend Aristocrats announced their regular quarterly cash dividends:
North Carolina-based discount retailer Family Dollar (FDO) announced its latest regular quarterly dividend of 31 cents this week. The dividend will be paid on July 15th to shareholders of record on June 13th.
Family Dollar has more than doubled its annual dividend from 54 cents in 2009 to a projected $1.24 this year. The stock currently yields 2.05%. More detail about Family Dollar’s dividend history is available on the company summary page.
Steel manufacturer Nucor (NUE) will pay a quarterly dividend of 37 cents per share on August 11th to shareholders of record on June 30th. Nucor has increased its regular dividend for 41 consecutive years and this latest payment marks the company’s 165th consecutive quarterly dividend
With an annual dividend payment of $1.48, Nucor currently yields 2.89%. The company is expected to announce its next dividend increase in September and pay it out in November.
Like what you see from these dividend growth stocks? Check out the list of all 54 S&P Dividend Aristocrat stocks here.