8 Companies Poised to Pay Dividends in January

In compiling the Dividend Champions list I get to see which companies are nearing the anniversaries of their previous dividend increases. Since most of these firms raise their payout about the same time every year, I can say with some confidence that they are likely to do so again. Already, several companies have declared dividend increases to take place in January or February [Most notably, Hormel Foods (HRL) announced a 21.43% increase in its quarterly rate, marking its 45th straight year of increases, and plans a 2-for-1 stock split in February]. Based on last year's announcements, I'm still expecting the following companies to announce dividend increases in the month of January (below, with number of consecutive years, current quarterly rate per share, and the ex-dividend dates of last year's increases). Dividend Champions (25 or more years):... Read more