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Ticker

Symbol
SRCE
MMM
ABM
AFL
APD
MO
AWR
ADM
T
ATO
ADP
BDX
BMS
BKH
BWL.A
BRC
BF-B
BCR
CWT
CSL
CVX
CB
CINF
CTAS
CLC
CLX
KO
CL
CBSH
CTBI
CSVI
CTWS
ED
DCI
DOV
EFSI
EV
EMR
ERIE
XOM
FRT
THFF
Yrs

27
57
48
32
33
45
60
40
31
31
40
43
32
45
43
29
31
43
48
38
27
33
55
32
31
37
53
52
47
34
43
45
41
28
59
28
34
58
25
33
47
26

Industry

Banking
Conglomerate
Business Services
Insurance
Chemical-Specialty
Tobacco
Utility-Water
Agriculture
Telecommunications
Utility-Gas
Business Services
Medical Instruments
Packaging
Utility-Electric
Recreation
Business Services
Beverages-Alcoholic
Medical Instruments
Utility-Water
Rubber & Plastics
Oil & Gas
Insurance
Insurance
Business Services
Auto Parts
Cleaning Products
Beverages-Non-alcoholic
Personal Products
Banking
Banking
Technology-Services
Utility-Water
Utility-Electric
Industrial Equipment
Machinery
Banking
Financial Services
Industrial Equipment
Insurance
Oil & Gas
REIT-Shopping Centers
Banking

101
8
19
82
79
29
1
58
88
86
57
42
84
31
39
91
87
38
20
66
102
78
10
83
85
68
11
15
26
74
40
28
54
94
2
96
75
7
105
80
24
103

N
Y
N
Y
Y
N
N
Y
N
N
N
N
N
Y
N
N
N
Y
Y
N
N
N
Y
Y
N
N
N
N
Y
N
N
N
-

Seq DR

N
N
N
Y
Y
N
Y
Y
N
N
N
N
N
Y
Y
N
N
Y
Y
N
N
Y
Y
Y
N
Y
N
N
N
N
N
-

SP

Price
31.12
156.39
32.05
63.04
143.43
50.05
38.39
48.88
34.64
54.00
84.54
140.87
45.00
49.29
14.50
26.63
90.23
166.58
23.87
96.50
111.06
98.35
50.64
79.95
65.00
106.10
40.56
67.28
42.71
32.08
42.70
36.00
61.55
37.37
75.72
24.05
41.08
58.83
82.75
87.37
133.67
33.95

No. CCC DRIP Fees 4/30/15

Div.
Yield
2.31
2.62
2.00
2.47
2.26
4.16
2.22
2.29
5.43
2.89
2.32
1.70
2.49
3.29
4.69
3.00
1.40
0.53
2.81
1.04
3.85
2.32
3.63
1.06
1.23
2.79
3.25
2.26
2.11
3.74
2.06
2.86
4.22
1.77
2.11
3.33
2.43
3.20
3.29
3.34
2.60
2.89
B15
C12
B02
C01
B11
A10
C02
C10
B02
C08
A01
C31
C02
C01
B15
A31
C30
B01
B20
C01
C10
A01
A15
Dec
A17
B08
A01
B15
C26
A01
C25
C16
C15
C20
C15
B14
B12
C10
A21
C10
A15
JaJl

Sch

Qtly

Semi-ann. Div

&

Adj/Stk Div
Adj/Stk Div

Div=Annual

Also Class A

FY Streak

Adj/Spin-off
FY Streak

Note

&=MultiIncThisYr

Most Recent Dividend Increase Information


Quarterly Rate
MR%
Dividend Dates
Old
New
Inc.
Ex-Div
Record
Pay
0.1700 0.1800
5.88
5/1/14
5/5/14
5/15/14
0.8550 1.0250 19.88 2/11/15
2/13/15
3/12/15
0.1550 0.1600
3.23 12/30/14 1/2/15
2/2/15
0.3700 0.3900
5.41 11/17/14 11/19/14 12/1/14
0.7700 0.8100
5.19 3/30/15
4/1/15
5/11/15
0.4800 0.5200
8.33 9/11/14
9/15/14
10/10/14
0.2025 0.2130
5.19 8/13/14
8/15/14
9/2/14
0.2400 0.2800 16.67 2/12/15
2/17/15
3/10/15
0.4600 0.4700
2.17 1/7/15
1/9/15
2/2/15
0.3700 0.3900
5.41 11/20/14 11/24/14 12/8/14
0.4214 0.4900 16.27 12/10/14 12/12/14 1/1/15
0.5450 0.6000 10.09 12/8/14
12/10/14 12/31/14
0.2700 0.2800
3.70 2/13/15
2/18/15
3/2/15
0.3900 0.4050
3.85 2/11/15
2/13/15
3/1/15
0.1650 0.1700
3.03 7/9/14
7/11/14
8/15/14
0.1950 0.2000
2.56 10/8/14
10/10/14 10/31/14
0.2900 0.3150
8.62 12/2/14
12/4/14
12/30/14
0.2100 0.2200
4.76 7/17/14
7/21/14
8/1/14
0.1625 0.1675
3.08 2/5/15
2/9/15
2/20/15
0.2200 0.2500 13.64 8/14/14
8/18/14
9/1/14
1.0000 1.0700
7.00
5/15/14
5/19/14
6/10/14
0.5000 0.5700 14.00 3/11/15
3/13/15
4/1/15
0.4400 0.4600
4.55 3/16/15
3/18/15
4/15/15
0.7700 0.8500 10.39 11/5/14
11/7/14
12/5/14
0.1700 0.2000 17.65 10/8/14
10/10/14 10/17/14
0.7100 0.7400
4.23 7/21/14
7/23/14
8/8/14
0.3050 0.3300
8.20 3/12/15
3/16/15
4/1/15
0.3600 0.3800
5.56 4/21/15
4/23/15
5/15/15
0.2143 0.2250
5.00 3/4/15
3/6/15
3/26/15
0.2909 0.3000
3.12 9/11/14
9/15/14
10/1/14
0.1600 0.2200 37.50 8/28/14
9/2/14
9/25/14
0.2475 0.2575
4.04 8/28/14
9/2/14
9/16/14
0.6300 0.6500
3.17 2/13/15
2/18/15
3/15/15
0.1400 0.1650 17.86 6/4/14
6/6/14
6/20/14
0.3750 0.4000
6.67 8/27/14
8/29/14
9/15/14
0.1900 0.2000
5.26 10/29/14 10/31/14 11/14/14
0.2200 0.2500 13.64 10/29/14 10/31/14 11/12/14
0.4300 0.4700
9.30 11/12/14 11/14/14 12/10/14
0.6350 0.6810
7.24 1/2/15
1/6/15
1/21/15
0.6900 0.7300
5.80 5/11/15
5/13/15
6/10/15
0.7800 0.8700 11.54 9/18/14
9/22/14
10/15/14
0.4800 0.4900
2.08 6/12/14
6/16/14
7/1/14

Company
Name
1st Source Corp.
3M Company
ABM Industries Inc.
AFLAC Inc.
Air Products & Chem.
Altria Group Inc.
American States Water
Archer Daniels Midland
AT&T Inc.
Atmos Energy
Automatic Data Proc.
Becton Dickinson & Co.
Bemis Company
Black Hills Corp.
Bowl America Class A
Brady Corp.
Brown-Forman Class B
C.R. Bard Inc.
California Water Service
Carlisle Companies
Chevron Corp.
Chubb Corp.
Cincinnati Financial
Cintas Corp.
Clarcor Inc.
Clorox Company
Coca-Cola Company
Colgate-Palmolive Co.
Commerce Bancshares
Community Trust Banc.
Computer Services Inc.
Conn. Water Service
Consolidated Edison
Donaldson Company
Dover Corp.
Eagle Financial Services
Eaton Vance Corp.
Emerson Electric
Erie Indemnity Company
ExxonMobil Corp.
Federal Realty Inv. Trust
First Financial Corp.

25 or more Straight Years Higher Dividends

End-of-month update at: http://dripinvesting.org/Tools/Tools.htm


Dates in Green (centered) indicate increase (by Ex-Div. Date) expected in next 2 months
Dates in Red (right-aligned) indicate last increase more than a year ago (Ex-Div Date)

U.S. Dividend Champions

(and American Depository Receipts)

Ticker
Symbol
BEN
GPC
GRC
FUL
HCP
HP
HRL
ITW
JNJ
KMB
LANC
LEG
LOW
MKC
MCD
MHFI
MDT
MCY
MGEE
MSEX
MSA
NC
NFG
NNN
NDSN
NWN
NUE
ORI
PH
PNR
PEP
PNY
PPG
PG
STR
RAVN
RLI
RPM
SHW
SIAL
SJW
SON

Industry
Financial Services
Auto Parts
Machinery
Chemical-Specialty
REIT-Health Care
Oil & Gas
Food Processing
Machinery
Drugs/Consumer Prod.
Personal Products
Food/Consumer Prod.
Furniture/Bldg. Prod.
Retail-Home Improv.
Food Processing
Restaurants
Publishing
Medical Devices
Insurance
Utility-Electric/Gas
Utility-Water
Medical/Safety Equip.
Machinery/Consumer
Utility-Gas
REIT-Retail
Machinery
Utility-Gas
Steel & Iron
Insurance
Industrial Equipment
Industrial Equipment
Beverages/Snack Food
Utility-Gas
Conglomerate
Consumer Products
Utility-Gas
Business Equipment
Insurance
Chemical-Specialty
Paints
Chemical-Specialty
Utility-Water
Packaging
Y
N
N
Y
N
N
N
N
N
N
Y
N
Y
N
Y
N
N
N
N
N
N
N
Y
N
N
Y
N
Y
Y
N
N
N
N
N
N
N

73
5
47
27
89
45
17
56
12
43
14
41
13
92
62
50
67
98
61
46
37
90
32
104
16
3
49
76
4
63
44
71
35
6
72
95
59
53
70
65
21
81
35
59
42
46
30
42
49
40
53
43
52
43
52
29
39
42
37
28
39
42
43
29
44
25
51
59
42
34
59
39
43
37
44
59
36
28
39
41
37
38
48
33

N
N
N
Y
N
N
N
N
Y
N
N
N
N
N
Y
N
N
N
N
N
N
N
N
N
N
Y
N
N
N
N
N
N
N
N
N
N

SP

Seq DR

Yrs

Price
51.56
89.85
27.11
41.77
40.29
77.97
54.35
93.58
99.20
109.69
89.66
42.47
68.86
75.30
96.55
104.30
74.45
54.94
41.48
22.77
45.74
48.98
64.45
38.40
79.65
46.70
48.86
15.29
119.36
62.15
95.12
37.44
221.56
79.51
23.44
19.94
49.66
47.54
278.00
138.92
29.25
44.69

No. CCC DRIP Fees 4/30/15

Div.
Yield
1.16
2.74
1.48
1.24
5.61
3.53
1.84
2.07
3.02
3.21
2.05
2.92
1.34
2.12
3.52
1.27
1.64
4.50
2.72
3.38
2.71
2.10
2.39
4.38
1.10
3.96
3.05
4.84
2.11
2.06
2.95
3.53
1.30
3.33
3.58
2.61
1.45
2.19
0.96
0.66
2.67
3.13
A10
A01
C10
B07
B24
C02
B17
A07
C09
A02
C31
A15
B06
A14
C15
C11
A25
C26
C15
C01
C20
C13
A15
B15
C09
B14
B11
C16
C05
B13
C30
A15
C12
B15
C16
A24
C20
A31
C13
C14
C02
C10

Sch

Qtly

Being Acquired

2/1 Split-6/12

Est Dates

ADR-Ireland,US$

FY Streak

ADR-Ireland,US$

Also MKCV

&

Note

&=MultiIncThisYr

Most Recent Dividend Increase Information


Quarterly Rate
MR%
Dividend Dates
Old
New
Inc.
Ex-Div
Record
Pay
0.1200 0.1500 25.00 12/29/14 12/31/14 1/9/15
0.5750 0.6150
6.96 3/4/15
3/6/15
4/1/15
0.0900 0.1000 11.11 11/12/14 11/14/14 12/10/14
0.1200 0.1300
8.33 4/21/15
4/23/15
5/7/15
0.5450 0.5650
3.67 2/5/15
2/9/15
2/24/15
0.6250 0.6875 10.00 8/13/14
8/15/14
9/2/14
0.2000 0.2500 25.00 1/16/15
1/20/15
2/17/15
0.4200 0.4850 15.48 9/26/14
9/30/14
10/7/14
0.7000 0.7500
7.14 5/22/15
5/26/15
6/9/15
0.8400 0.8800
4.76 3/4/15
3/6/15
4/2/15
0.4400 0.4600
4.55 12/4/14
12/8/14
12/31/14
0.3000 0.3100
3.33 9/11/14
9/15/14
10/15/14
0.1800 0.2300 27.78 7/21/14
7/23/14
8/6/14
0.3700 0.4000
8.11 12/29/14 12/31/14 1/14/15
0.8100 0.8500
4.94 11/26/14 12/1/14
12/15/14
0.3000 0.3300 10.00 2/23/15
2/25/15
3/11/15
0.2800 0.3050
8.93 7/1/14
7/3/14
7/25/14
0.6150 0.6175
0.41 12/10/14 12/12/14 12/26/14
0.2717 0.2825
3.96 8/27/14
9/1/14
9/15/14
0.1900 0.1925
1.32 11/12/14 11/14/14 12/1/14
0.3000 0.3100
3.33 5/16/14
5/20/14
6/20/14
0.2500 0.2575
3.00 5/28/14
5/30/14
6/13/14
0.3750 0.3850
2.67 6/26/14
6/30/14
7/15/14
0.4050 0.4200
3.70 7/29/14
7/31/14
8/15/14
0.1800 0.2200 22.22 8/22/14
8/26/14
9/9/14
0.4600 0.4625
0.54 10/29/14 10/31/14 11/14/14
0.3700 0.3725
0.68 12/29/14 12/31/14 2/11/15
0.1825 0.1850
1.37 3/4/15
3/6/15
3/16/15
0.4800 0.6300 31.25 10/6/14
11/10/14 12/5/14
0.3000 0.3200
6.67 1/28/15
1/31/15
2/13/15
0.6550 0.7025
7.25 6/3/15
6/5/15
6/30/15
0.3200 0.3300
3.13 3/23/15
3/25/15
4/15/15
0.6700 0.7200
7.46 5/7/15
5/11/15
6/12/15
0.6436 0.6629
3.00 4/23/15
4/27/15
5/15/15
0.1900 0.2100 10.53 2/25/15
2/27/15
3/16/15
0.1200 0.1300
8.33 10/8/14
10/10/14 10/24/14
0.1700 0.1800
5.88 5/28/14
5/30/14
6/20/14
0.2400 0.2600
8.33 10/16/14 10/20/14 10/31/14
0.5500 0.6700 21.82 2/26/15
3/2/15
3/13/15
0.2150 0.2300
6.98
2/26/14
2/28/14
3/14/14
0.1875 0.1950
4.00 2/5/15
2/9/15
3/2/15
0.3200 0.3500
9.38 5/14/15
5/16/15
6/10/15

Company
Name
Franklin Resources
Genuine Parts Co.
Gorman-Rupp Company
H.B. Fuller Company
HCP Inc.
Helmerich & Payne Inc.
Hormel Foods Corp.
Illinois Tool Works
Johnson & Johnson
Kimberly-Clark Corp.
Lancaster Colony Corp.
Leggett & Platt Inc.
Lowe's Companies
McCormick & Co.
McDonald's Corp.
McGraw Hill Financial Inc.
Medtronic plc
Mercury General Corp.
MGE Energy Inc.
Middlesex Water Co.
MSA Safety Inc.
NACCO Industries
National Fuel Gas
National Retail Properties
Nordson Corp.
Northwest Natural Gas
Nucor Corp.
Old Republic International
Parker-Hannifin Corp.
Pentair Ltd.
PepsiCo Inc.
Piedmont Natural Gas
PPG Industries Inc.
Procter & Gamble Co.
Questar Corp.
Raven Industries
RLI Corp.
RPM International Inc.
Sherwin-Williams Co.
Sigma-Aldrich Corp.
SJW Corp.
Sonoco Products Co.

25 or more Straight Years Higher Dividends

End-of-month update at: http://dripinvesting.org/Tools/Tools.htm


Dates in Green (centered) indicate increase (by Ex-Div. Date) expected in next 2 months
Dates in Red (right-aligned) indicate last increase more than a year ago (Ex-Div Date)

U.S. Dividend Champions

(and American Depository Receipts)

Industry
Tools/Security Products
Cleaning Products
Food-Wholesale
Financial Services
Retail-Discount
Telecommunications
Machinery
Banking
Confectioner
Utility-Electric/Gas
Banking
Tobacco
REIT-Health Care
Paints
Utility-Electric/Gas
Apparel
Electronics-Wholesale
Retail-Drugstores
Retail-Discount
Footwear
Utility-Gas
Champions
Y
N
Y
N
N
N
N
N
N
N
N
N
Y
N
N
N

Seq DR

47
23
47
25
45
30
29
93
47
22
41
55
43
36
28
97
49
18
28 100
41
52
44
33
28
99
37
69
55
9
42
48
44
34
39
60
42
51
33
77
39
64
40.6

Yrs

Y
Y
Y
N
N
N
N
N
N
N
Y
N
Y
Y
Y
N

SP

Price
98.70
50.93
37.03
81.18
78.83
26.71
64.29
52.15
30.98
34.81
37.58
47.03
49.66
81.10
43.17
72.43
248.43
82.93
78.05
28.50
55.01
68.28

No. CCC DRIP Fees 4/30/15

Div.
Yield
2.11
1.41
3.24
2.56
2.64
2.11
1.24
3.22
1.03
2.61
3.41
4.42
5.11
1.48
3.52
1.77
1.88
1.63
2.51
2.67
3.36
2.62
C16
C15
A23
C30
C10
C31
C16
B14
C27
A01
A02
B09
C31
A19
C01
C19
C01
C12
A06
C30
B01

Sch

Qtly

RecDateStreak

Adj/Stk Div

$2 Special-4/23

Note

&=MultiIncThisYr

Most Recent Dividend Increase Information


Quarterly Rate
MR%
Dividend Dates
Old
New
Inc.
Ex-Div
Record
Pay
0.5000 0.5200
4.00 9/3/14
9/5/14
9/16/14
0.1700 0.1800
5.88 11/25/14 11/28/14 12/15/14
0.2900 0.3000
3.45 12/30/14 1/2/15
1/23/15
0.4400 0.5200 18.18 3/12/15
3/16/15
3/30/15
0.4300 0.5200 20.93 8/18/14
8/20/14
9/10/14
0.1340 0.1410
5.22 3/12/15
3/16/15
3/31/15
0.1800 0.2000 11.11 5/28/14
5/30/14
6/16/14
0.4000 0.4200
5.00 10/31/14 11/4/14
11/14/14
0.0777 0.0800
3.00 2/27/15
3/3/15
3/27/15
0.2167 0.2275
5.00 6/11/15
6/15/15
7/1/15
0.3100 0.3200
3.23 12/11/13 12/13/13
1/2/14
0.5100 0.5200
1.96 1/8/15
1/12/15
2/9/15
0.6300 0.6350
0.79 12/15/14 12/17/14 12/31/14
0.2600 0.3000 15.38 12/4/14
12/8/14
12/19/14
0.3600 0.3800
5.56 11/13/14 11/17/14 12/1/14
0.2625 0.3200 21.90 12/5/14
12/9/14
12/19/14
1.0800 1.1700
8.33 5/7/15
5/11/15
6/1/15
0.3150 0.3375
7.14 8/19/14
8/21/14
9/12/14
0.4800 0.4900
2.08 3/11/15
3/13/15
4/6/15
0.1800 0.1900
5.56 5/28/14
5/30/14
6/30/14
0.4400 0.4625
5.11 4/8/15
4/10/15
5/1/15
0.3802 0.4102
7.89

Company
Ticker
Name
Symbol
Stanley Black & Decker
SWK
Stepan Company
SCL
Sysco Corp.
SYY
T. Rowe Price Group
TROW
Target Corp.
TGT
Telephone & Data Sys.
TDS
Tennant Company
TNC
Tompkins Financial Corp. TMP
Tootsie Roll Industries
TR
UGI Corp.
UGI
United Bankshares Inc.
UBSI
Universal Corp.
UVV
Universal Health Realty Trust
UHT
Valspar Corp.
VAL
Vectren Corp.
VVC
VF Corp.
VFC
W.W. Grainger Inc.
GWW
Walgreens Boots Alliance InWBA
Wal-Mart Stores Inc.
WMT
Weyco Group Inc.
WEYS
WGL Holdings Inc.
WGL
Averages for
105

25 or more Straight Years Higher Dividends

End-of-month update at: http://dripinvesting.org/Tools/Tools.htm


Dates in Green (centered) indicate increase (by Ex-Div. Date) expected in next 2 months
Dates in Red (right-aligned) indicate last increase more than a year ago (Ex-Div Date)

U.S. Dividend Champions

(and American Depository Receipts)

U.S. Dividend Champions

Fundamental Data
Abbreviations:

Numbers in Blue directly from FinViz.com

Company
Name
1st Source Corp.
3M Company
ABM Industries Inc.
AFLAC Inc.
Air Products & Chem.
Altria Group Inc.
American States Water
Archer Daniels Midland
AT&T Inc.
Atmos Energy
Automatic Data Proc.
Becton Dickinson & Co.
Bemis Company
Black Hills Corp.
Bowl America Class A
Brady Corp.
Brown-Forman Class B
C.R. Bard Inc.
California Water Service
Carlisle Companies
Chevron Corp.
Chubb Corp.
Cincinnati Financial
Cintas Corp.
Clarcor Inc.
Clorox Company
Coca-Cola Company
Colgate-Palmolive Co.
Commerce Bancshares
Community Trust Banc.
Computer Services Inc.
Conn. Water Service
Consolidated Edison
Donaldson Company
Dover Corp.
Eagle Financial Services
Eaton Vance Corp.
Emerson Electric
Erie Indemnity Company
ExxonMobil Corp.
Federal Realty Inv. Trust
First Financial Corp.

Ticker
Annual EPS% +/-% vs.
Symbol Dividend Payout Graham
SRCE
0.72
30.13 (17.0)
MMM
4.10
54.89 166.1
ABM
0.64
45.71
36.8
AFL
1.56
24.00 (18.8)
APD
3.24
68.07 136.6
MO
2.08
83.87 489.9
AWR
0.85
54.27
77.8
ADM
1.12
32.65
1.3
T
1.88 169.37
69.9
ATO
1.56
53.42
21.3
ADP
1.96
65.99 204.7
BDX
2.40
41.17 139.9
BMS
1.12
47.46
67.5
BKH
1.62
56.06
9.8
BWL.A
0.68 234.48 150.3
BRC
0.80
n/a
n/a
BF-B
1.26
39.75 243.6
BCR
0.88
24.18 276.8
CWT
0.67
56.30
27.4
CSL
1.00
26.18
77.9
CVX
4.28
42.25 (19.2)
CB
2.28
27.01 (15.2)
CINF
1.84
57.86
(5.6)
CTAS
0.85
23.55 111.2
CLC
0.80
27.68
72.0
CLX
2.96
67.12 626.4
KO
1.32
83.54 166.4
CL
1.52
64.41 722.6
CBSH
0.90
34.75
15.2
CTBI
1.20
47.43 (17.1)
CSVI
0.88
43.78
n/a
CTWS
1.03
53.65
25.2
ED
2.60
70.08
2.7
DCI
0.66
38.60 146.4
DOV
1.60
34.41
56.2
EFSI
0.80
38.28
n/a
EV
1.00
46.95 158.1
EMR
1.88
59.68
88.5
ERIE
2.72
85.13 150.0
XOM
2.92
38.47
4.1
FRT
3.48 144.40 274.8
THFF
0.98
38.28 (19.1)

(Brown=Yahoo Finance)

EPS=Earnings Per Share; P/E=Price/Earnings Per Share; TTM=Trailing Twelve Months; MRQ=Most Recent Quarter,
PEG=P/E divided by 5-yr future growth rate; FCF=Free Cash Flow, ROE=Return On Equity, TY=This Year; NY=Next Year

TTM FYE TTM PEG TTM MRQ TTM


TY%
NY% Past 5yr Est 5-yr N MktCap Inside Debt/ Past 5yr
P/E Month EPS Ratio P/Sales P/Book ROE Growth Growth Growth Growth A ($Mil) Own. Equity DEG
13.02 12
2.39
1.86
4.15
1.19
9.40
7.2
5.5
24.8
7.0 0
742
4.1 0.19 0.152
20.94 12
7.47
2.20
3.12
7.61 30.90
11.5
9.6
10.6
9.5 19
99,358
0.1 0.52 1.027
22.89 10
1.40
3.88
0.35
1.84
8.30
1.5
6.5
4.3
5.9 6
1,794
2.0 0.37 0.833
9.70 12
6.50
2.28
1.21
1.53 17.00
(3.8)
6.7
15.3
4.3 22
27,637
0.3 0.29 0.375
30.13 9
4.76
2.52
2.94
4.18 13.80
(3.0)
12.9
8.9
12.0 21
30,733
0.1 0.83 1.239
20.18 12
2.48
2.44
3.97 38.80 137.70
13.3
8.0
10.7
8.3 15
98,426
0.2 5.49 0.800
24.45 12
1.57
8.15
3.13
2.91 14.30
(2.5)
5.7
14.2
3.0 5
1,458
1.0 0.64 0.736
14.25 6
3.43
2.01
0.38
1.62 11.20
69.8
9.2
2.7
7.1 14
30,743
0.3 0.29 4.216
31.21 12
1.11
6.97
1.36
2.08
6.50 (64.9)
2.7
(10.3)
4.5 31 179,787
0.1 1.12
n/a
18.49 9
2.92
2.64
1.10
1.79 12.50
17.9
7.0
8.4
7.0 9
5,446
1.0 0.98 0.299
28.46 6
2.97
2.85
3.45
7.34 24.60
11.5
13.0
3.5
10.0 26
40,169
0.2 0.00 2.254
24.16 9
5.83
2.02
3.47
5.36 22.10
28.5
20.1
4.8
12.0 21
29,415
0.3 2.00 2.314
19.07 12
2.36
2.51
1.02
3.31 16.20
27.6
8.2
11.3
7.6 14
4,385
0.7 1.04 0.329
17.06 12
2.89
2.44
1.59
1.59
9.50
10.7
6.2
7.6
7.0 8
2,209
1.2 1.18 0.250
50.00 6
0.29
n/a
3.38
2.82
n/a
n/a
n/a
n/a
n/a 0
75
n/a
n/a
n/a
n/a 7
-0.98
n/a
1.12
2.12 -3.10
64.9
19.7
(22.2)
10.3 6
1,366
0.5 0.24
n/a
28.46 4
3.17
3.80
6.22
9.33 40.30
11.3
7.8
9.9
7.5 13
19,179
0.6 0.49 0.910
45.76 12
3.64
4.31
3.70
6.98 15.30 (55.2)
10.4
(4.0)
10.6 20
12,382
0.6 0.82
n/a
20.06 12
1.19
4.01
1.91
1.82
9.30
16.7
4.1
4.0
5.0 6
1,143
1.2 0.81 0.489
25.26 12
3.82
1.58
1.96
2.82 13.40
(4.3)
21.7
8.8
16.0 7
6,280
1.2 0.34 0.947
10.96 12
10.13
n/a
1.04
1.34 12.50
(8.6)
66.4
14.1
(1.5) 25 208,846
0.0 0.18 0.682
11.65 12
8.44
4.02
1.62
1.39 12.40
(4.6)
6.4
6.9
2.9 22
22,672
0.3 0.20 1.022
15.92 12
3.18
n/a
1.68
1.26
8.20
1.6
4.8
3.7
(7.0) 8
8,318
3.8 0.13 0.579
22.15 5
3.61
1.79
2.04
4.53 26.20
21.0
12.0
15.7
12.3 14
9,145
9.4 0.63 0.801
22.49 11
2.89
2.14
2.10
2.96 13.40
20.9
10.7
15.1
10.5 9
3,260
0.6 0.40 0.932
24.06 6
4.41
3.86
2.49 49.35 317.80
(1.2)
6.8
5.1
6.2 19
13,918
0.2 9.51 1.686
25.67 12
1.58
5.31
3.84
6.22 22.20 (15.8)
6.3
1.7
4.8 17 177,186
0.3 1.47 4.865
28.51 12
2.36
3.41
3.53 53.40 146.00
(0.8)
9.7
1.6
8.4 23
61,012
0.3 5.37 6.594
16.49 12
2.59
2.06
6.43
1.81 11.50
2.3
10.9
10.3
8.0 14
4,125
3.5 0.05 0.454
12.68 12
2.53
2.54
3.90
1.22
9.90
(5.0)
4.6
10.7
5.0 4
561
1.4 0.00 0.136
21.24 2
2.01
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a 0
603
n/a
n/a
n/a
18.75 12
1.92
3.75
4.27
1.88 10.40
15.7
3.5
10.0
5.0 4
401
2.3 0.86 0.233
16.59 12
3.71
7.04
1.40
1.43
8.70
2.8
2.3
3.4
2.4 18
18,027
0.1 1.03 0.388
21.85 7
1.71
2.70
2.05
6.25 25.60
7.3
12.3
16.2
8.1 13
5,103
1.0 0.68 1.390
16.28 12
4.65
1.88
1.57
3.37 30.10
0.2
12.2
18.2
8.7 19
12,144
0.7 0.82 0.699
11.51 12
2.09
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a 0
84
n/a
n/a
n/a
19.29 10
2.13
1.70
3.37
7.77 49.80
60.5
13.4
17.9
11.4 15
4,865
3.7 1.18 0.436
18.68 9
3.15
2.40
1.64
4.28 21.60
10.1
4.5
6.2
7.8 27
40,310
0.4 0.71 0.942
25.86 12
3.20
2.59
0.62
5.44 22.60
3.6
8.6
11.2
10.0 2
3,822 15.4 0.00 0.637
11.51 12
7.59
n/a
0.93
2.12 18.30
3.0
39.2
13.8
(2.4) 25 366,036
0.2 0.17 0.740
55.46 12
2.41
4.70 13.38
5.70 13.10
15.9
16.0
8.8
11.8 17
9,180
0.7 1.51 0.480
13.26 12
2.56
n/a
3.88
1.11
8.40
7.6
4.8
8.1
0.0 3
440
0.9 0.00 0.186

25 or more Straight Years Higher DividenDisclaimer: Although all figures are thought to be correct, no guarantee is expressed or implied.

(and American Depository Receipts)

U.S. Dividend Champions

Fundamental Data
Abbreviations:

Numbers in Blue directly from FinViz.com

Company
Name
Franklin Resources
Genuine Parts Co.
Gorman-Rupp Company
H.B. Fuller Company
HCP Inc.
Helmerich & Payne Inc.
Hormel Foods Corp.
Illinois Tool Works
Johnson & Johnson
Kimberly-Clark Corp.
Lancaster Colony Corp.
Leggett & Platt Inc.
Lowe's Companies
McCormick & Co.
McDonald's Corp.
McGraw Hill Financial Inc.
Medtronic plc
Mercury General Corp.
MGE Energy Inc.
Middlesex Water Co.
MSA Safety Inc.
NACCO Industries
National Fuel Gas
National Retail Properties
Nordson Corp.
Northwest Natural Gas
Nucor Corp.
Old Republic International
Parker-Hannifin Corp.
Pentair Ltd.
PepsiCo Inc.
Piedmont Natural Gas
PPG Industries Inc.
Procter & Gamble Co.
Questar Corp.
Raven Industries
RLI Corp.
RPM International Inc.
Sherwin-Williams Co.
Sigma-Aldrich Corp.
SJW Corp.
Sonoco Products Co.

Ticker
Annual EPS% +/-% vs.
Symbol Dividend Payout Graham
BEN
0.60
16.04
30.3
GPC
2.46
53.02
92.6
GRC
0.40
31.50
54.3
FUL
0.52
59.09 125.9
HCP
2.26 116.49
26.0
HP
2.75
42.18
(5.5)
HRL
1.00
43.48 101.1
ITW
1.94
39.75 145.6
JNJ
3.00
53.67
78.1
KMB
3.52
93.87 1540.3
LANC
1.84
52.72 123.1
LEG
1.24
80.00 152.1
LOW
0.92
34.07 174.8
MKC
1.60
48.93 142.2
MCD
3.40
76.40 164.4
MHFI
1.32
n/a
n/a
MDT
1.22
39.10
96.2
MCY
2.47
76.23
10.2
MGEE
1.13
48.71
31.6
MSEX
0.77
68.14
29.1
MSA
1.24
54.39
69.2
NC
1.03
n/a
n/a
NFG
1.54
43.38
29.9
NNN
1.68 138.84
66.7
NDSN
0.88
22.00 128.5
NWN
1.85
85.65
26.3
NUE
1.49
67.12
40.2
ORI
0.74
51.75 (30.7)
PH
2.52
34.76
48.7
PNR
1.28
40.25
48.2
PEP
2.81
65.50 198.0
PNY
1.32
74.58
41.5
PPG
2.88
36.73 172.9
PG
2.65
78.68
91.8
STR
0.84
65.12
63.5
RAVN
0.52
60.47
60.2
RLI
0.72
23.08
33.8
RPM
1.04
65.82 158.8
SHW
2.68
29.61 494.2
SIAL
0.92
22.06 179.6
SJW
0.78
30.71
(8.1)
SON
1.40
52.43
49.4

(Brown=Yahoo Finance)

EPS=Earnings Per Share; P/E=Price/Earnings Per Share; TTM=Trailing Twelve Months; MRQ=Most Recent Quarter,
PEG=P/E divided by 5-yr future growth rate; FCF=Free Cash Flow, ROE=Return On Equity, TY=This Year; NY=Next Year

TTM FYE TTM PEG TTM MRQ TTM


TY%
NY% Past 5yr Est 5-yr N MktCap Inside Debt/ Past 5yr
P/E Month EPS Ratio P/Sales P/Book ROE Growth Growth Growth Growth A ($Mil) Own. Equity DEG
13.79 9
3.74
3.78
3.80
2.77 20.60
12.5
8.3
24.2
3.6 21
32,062 16.4 0.18 0.470
19.36 12
4.64
3.46
0.89
4.31 21.20
4.8
8.0
13.0
5.6 12
13,720
0.6 0.28 0.589
21.35 12
1.27
1.42
1.68
2.51 11.90
20.0
(3.3)
14.5
15.0 4
712
0.3 0.03 0.509
47.47 11
0.88
5.12
1.01
2.42
4.90 (48.1)
22.2
(10.6)
9.3 8
2,104
0.9 0.88
n/a
20.77 12
1.94 7.09 8.20 1.72 10.90 (1.0)
(0.4)
51.9
2.9 19 18,593 0.2 0.91 0.066
11.96 9
6.52
n/a
2.16
1.68 14.50
(3.0) (49.8)
12.7
n/a 27
8,393
1.0 0.11 5.303
23.63 10
2.30
3.33
1.52
3.85 17.20
14.4
7.8
11.9
7.1 11
14,352
0.3 0.07 1.349
19.18 12
4.88
1.55
2.45
7.08 41.80
28.7
10.4
19.3
12.4 23
34,935
0.1 1.52 0.366
17.75 12
5.59
3.46
3.75
4.02 27.40
18.5
4.6
5.3
5.1 23 275,832
0.0 0.27 1.399
29.25 12
3.75
4.57
2.09 206.96 59.40 (22.0)
7.8
(2.9)
6.4 19
39,938
0.1 40.43
n/a
25.69 6
3.49
3.21
2.30
4.36 12.40
(2.6)
11.8
3.1
8.0 3
2,452
2.1 0.00 2.915
27.40 12
1.55
1.83
1.55
5.22 12.10
24.0
14.3
15.9
15.0 6
5,862
2.3 0.85 0.231
25.50 1
2.70
1.40
1.17
6.66 24.70
26.6
19.2
17.5
18.2 28
65,534
0.1 1.14 1.061
23.03 11
3.27 3.14 2.26 5.73 23.10 14.8
7.4
8.0
7.3 16
9,629 0.1 0.79 1.130
21.70 12
4.45
3.68
3.47
7.25 29.70 (13.2)
8.3
3.2
5.9 33
92,604
0.0 1.17 3.080
n/a 12
-1.12
n/a
5.66 57.94 11.00 (138.6)
13.9
(19.7)
14.6 8
28,587
0.7 1.64
n/a
23.86 4
3.12
3.48
6.06
3.63 16.00 (10.4)
1.6
10.4
6.9 25 106,096
0.1 1.43 0.799
16.96 12
3.24
2.07
1.01
1.61
9.40
58.3
5.1
(15.1)
8.2 6
3,030
0.1 0.15
n/a
17.88 12
2.32
4.47
2.32
2.18 12.40
7.4
4.4
9.6
4.0 2
1,438
0.2 0.62 0.274
20.15 12
1.13
7.46
3.14
1.86 11.20
10.8
5.0
9.4
2.7 2
368
0.5 0.82 0.145
20.06 12
2.28
1.34
1.51
3.21 15.50
0.9
19.9
13.7
15.0 4
1,716
4.0 0.47 0.371
n/a 12
-5.22
n/a
0.39
1.69 -14.60 (191.8)
0.0
(47.2)
n/a 0
352
3.5 1.17
n/a
18.15 9
3.55
1.89
2.60
2.09 12.50
14.3
4.5
22.4
9.6 10
5,431
1.5 0.70 0.128
31.74 12
1.21
8.94 11.77
1.97 11.20
18.1
5.3
16.4
3.6 10
5,116
1.3 0.69 0.117
19.91 10
4.00
1.27
2.86
5.90 28.10
12.3
14.4
29.3
15.7 10
4,938
0.4 1.05 0.572
21.62 12
2.16
5.41
1.69
1.66
7.70
(3.6)
3.1
(5.3)
4.0 7
1,276
0.8 1.17
n/a
22.01 12
2.22
1.37
0.74
2.01
9.20
46.1
58.9
34.3
16.1 21
15,593
0.4 0.60 0.028
10.69 12
1.43
1.07
0.72
1.01 15.40 (11.5)
5.0
39.6
10.0 3
3,992
0.6 0.25 0.036
16.46 6
7.25
1.60
1.28
3.02 17.10
9.7
8.1
17.0
10.3 18
17,004
0.2 0.52 0.921
19.54 12
3.18
2.14
1.63
2.53
6.70
25.2
10.3
21.8
9.1 15
11,165
0.3 0.77 0.406
22.17 12
4.29
3.44
2.12
9.01 32.60
(1.2)
8.2
2.5
6.4 17 140,402
0.2 1.91 3.069
21.15 10
1.77
4.23
2.08
2.13 10.30
3.4
7.5
2.0
5.0 9
2,950
1.3 1.38 1.743
28.26 12
7.84
2.40
1.97
5.93 35.70
34.1
13.2
31.1
11.8 21
30,221
0.4 0.78 0.136
23.59 6
3.37
3.83
2.76
3.51 13.70
4.0
6.6
2.8
6.2 26 215,711
0.1 0.51 2.873
18.17 12
1.29
4.49
3.46
3.31 17.90
40.2
4.0
4.8
4.1 8
4,119
0.5 1.31 1.715
23.19 1
0.86
1.55
2.01
2.49 11.60 (26.5)
26.4
1.7
15.0 1
759
0.7 0.00 7.447
15.92 12
3.12
1.79
2.72
2.53 15.40
6.6
(1.9)
7.4
8.9 9
2,145
2.1 0.17 0.814
30.09 5
1.58
3.54
1.41
5.01 15.70 194.6
18.0
18.6
8.5 9
6,333
0.6 1.52 0.216
30.72 12
9.05
1.94
2.31 25.86 63.80
18.5
16.7
18.4
15.8 15
25,907
1.0 1.81 0.497
33.31 12
4.17
5.21
5.96
5.28 16.30
2.7
4.9
8.3
6.4 17
16,595
0.3 0.14 1.165
11.52 12
2.54
0.82
1.86
1.65 15.30 126.8
6.9
25.7
14.0 3
595
8.2 1.11 0.101
16.74 12
2.67
2.98
0.90
3.00 16.90
9.4
10.4
9.1
5.6 16
4,506
1.2 0.82 0.362

25 or more Straight Years Higher DividenDisclaimer: Although all figures are thought to be correct, no guarantee is expressed or implied.

(and American Depository Receipts)

U.S. Dividend Champions

Fundamental Data
Abbreviations:

Numbers in Blue directly from FinViz.com

Company
Ticker
Annual EPS% +/-% vs.
Name
Symbol Dividend Payout Graham
Stanley Black & Decker
SWK
2.08
38.81
39.9
Stepan Company
SCL
0.72
28.92
40.5
Sysco Corp.
SYY
1.20
81.63 114.2
T. Rowe Price Group
TROW
2.08
46.64
80.1
Target Corp.
TGT
2.08
54.59
81.7
Telephone & Data Sys.
TDS
0.56
n/a
n/a
Tennant Company
TNC
0.80
29.52 109.9
Tompkins Financial Corp. TMP
1.68
48.55
4.2
Tootsie Roll Industries
TR
0.32
31.37
93.7
UGI Corp.
UGI
0.91
64.08
57.6
United Bankshares Inc.
UBSI
1.28
66.67
16.9
Universal Corp.
UVV
2.08
65.62 (21.3)
Universal Health Realty Trust
UHT
2.54
63.82
32.6
Valspar Corp.
VAL
1.20
25.75 130.7
Vectren Corp.
VVC
1.52
75.25
45.2
VF Corp.
VFC
1.28
53.78 174.0
W.W. Grainger Inc.
GWW
4.68
40.80 123.7
Walgreens Boots Alliance InWBA
1.35
40.66
76.6
Wal-Mart Stores Inc.
WMT
1.96
39.52
47.0
Weyco Group Inc.
WEYS
0.76
43.43
7.6
WGL Holdings Inc.
WGL
1.85
62.50
35.1
Averages for
105
1.61
51.16 167.2

(Brown=Yahoo Finance)

EPS=Earnings Per Share; P/E=Price/Earnings Per Share; TTM=Trailing Twelve Months; MRQ=Most Recent Quarter,
PEG=P/E divided by 5-yr future growth rate; FCF=Free Cash Flow, ROE=Return On Equity, TY=This Year; NY=Next Year

TTM FYE TTM PEG TTM MRQ


P/E Month EPS Ratio P/Sales P/Book
18.41 12
5.36
1.81
1.33
2.39
20.45 12
2.49
1.14
0.59
2.17
25.19 6
1.47
3.55
0.46
4.10
18.20 12
4.46
1.49
5.22
4.01
20.69 1
3.81
1.71
0.70
3.59
n/a 12
-1.27
n/a
0.58
0.73
23.72 12
2.71
1.90
1.44
4.18
15.07 12
3.46
1.88
4.22
1.62
30.37 12
1.02
3.37
3.42
2.78
24.51 9
1.42
3.95
0.76
2.28
19.57 12
1.92
4.89
6.23
1.57
14.84 3
3.17
n/a
0.49
0.94
12.48 12
3.98
5.20 11.04
3.17
17.40 10
4.66
1.36
1.44
6.88
21.37 12
2.02
3.89
1.37
2.22
30.43 12
2.38
2.82
2.51
5.55
21.66 12
11.47
1.92
1.66
5.20
24.98 8
3.32
1.82
1.07
2.81
15.74 1
4.96
3.36
0.52
3.09
16.29 12
1.75
n/a
0.96
1.60
18.58 9
2.96
2.86
0.96
2.21
21.73
3.14
3.13
2.62
7.39

TTM
TY%
NY% Past 5yr Est 5-yr N MktCap Inside Debt/ Past 5yr
ROE Growth Growth Growth Growth A ($Mil) Own. Equity DEG
11.10
63.7
14.6
13.8
10.2 16
15,128
0.9 0.60 0.683
10.10 (21.7)
14.2
(3.1)
18.0 2
1,134
3.1 0.51
n/a
16.50
(5.4)
8.5
(2.2)
7.1 14
21,934
0.3 1.43
n/a
23.40
16.7
10.3
22.5
12.2 25
21,154
2.3 0.00 0.532
-3.60
(8.8)
9.6
3.0
12.1 23
50,588
0.1 0.91 7.605
-3.40 (196.9) 113.2
(23.1)
21.0 6
2,882
0.7 0.51
n/a
18.60
26.2
24.8
31.3
12.5 5
1,187
1.2 0.10 0.257
10.60
0.6
3.7
3.3
8.0 4
779
2.1 0.81 1.683
9.30
5.2
0.0
5.0
9.0 0
1,861 32.2 0.01 0.570
9.20
20.0
12.0
4.0
6.2 3
6,015
0.7 1.49 2.260
7.90
12.9
5.1
4.4
4.0 9
2,608
2.3 0.13 0.452
7.00
12.7
0.0
4.0
0.0 1
1,064
0.9 0.42 0.521
29.10 283.7
0.0
20.7
2.4 0
660
7.8 1.04 0.056
38.80
25.3
13.6
21.9
12.8 16
6,589
1.1 1.77 0.570
10.60
21.7
6.3
4.3
5.5 6
3,567
0.1 1.08 0.385
18.30 (12.2)
15.3
18.2
10.8 20
30,818
5.5 0.26 0.732
30.20
2.9
13.1
15.3
11.3 22
16,625
1.7 0.20 1.213
14.50 (21.9)
21.9
(0.2)
13.8 20
90,457 13.1 0.55
n/a
25.60
2.5
5.7
5.9
4.7 29 251,750 44.6 0.62 2.136
9.90
8.0
0.0
9.5
n/a 0
309 10.0 0.03 0.555
11.90
32.3
5.4
(3.0)
6.5 8
2,735
0.2 1.08
n/a
22.25
8.8
10.7
9.1
8.2 13
32,054
2.4 1.26 0.805

25 or more Straight Years Higher DividenDisclaimer: Although all figures are thought to be correct, no guarantee is expressed or implied.

(and American Depository Receipts)

(DGR=Dividend Growth Rate)

DGR DGR DGR DGR


1-yr 3-yr 5-yr 10-yr
4.4
3.5
3.8
6.4
34.6 15.8 10.9
9.0
3.3
3.5
3.6
4.5
4.2
6.4
5.7 14.6
9.0 10.6 11.0 11.2
8.9
8.1
8.6 11.6
9.2 14.7 10.4
6.5
26.3 13.6 11.4 12.3
2.2
2.3
2.3
3.9
5.6
3.2
2.5
2.0
10.9 10.2
7.9 13.2
10.1 10.9 11.1 14.1
3.8
4.0
3.7
5.4
2.6
2.2
1.9
2.3
1.5
1.5
1.7
2.2
2.6
2.7
2.8
6.3
11.8 10.6
9.0 10.0
4.9
5.1
4.8
6.2
1.6
1.9
2.0
1.4
11.9 10.3
8.3
7.2
7.9 10.9
9.6 10.7
12.1
8.0
7.0
9.8
5.9
2.8
2.1
5.7
10.4 16.3 12.6 11.4
23.5 17.7 14.1 10.9
7.4
8.0
8.6 10.4
8.9
9.1
8.3
9.3
6.8
7.8 10.5 11.5
5.0
5.5
4.7
5.3
2.0
1.6
1.5
4.4
26.7 17.4 16.1 16.9
3.1
2.4
2.3
1.9
2.4
1.6
1.3
1.1
27.0 29.9 22.5 18.9
28.0 16.3 12.7 11.8
1.3
2.3
2.5
6.4
11.0
7.6
7.8 12.7
6.0
7.0
5.8
8.1
7.2
7.2
7.1 11.4
9.8 13.4 10.2
9.8
8.1
5.9
4.2
5.0
1.0
1.4
1.5
2.6

5/10
A/D*
0.589
1.205
0.799
0.394
0.980
0.739
1.609
0.923
0.591
1.228
0.599
0.790
0.691
0.817
0.792
0.437
0.897
0.772
1.386
1.161
0.903
0.723
0.376
1.108
1.286
0.828
0.886
0.921
0.885
0.329
0.956
1.215
1.206
1.192
1.080
0.395
0.614
0.721
0.623
1.043
0.849
0.579

Company
Name
1st Source Corp.
3M Company
ABM Industries Inc.
AFLAC Inc.
Air Products & Chem.
Altria Group Inc.
American States Water
Archer Daniels Midland
AT&T Inc.
Atmos Energy
Automatic Data Proc.
Becton Dickinson & Co.
Bemis Company
Black Hills Corp.
Bowl America Class A
Brady Corp.
Brown-Forman Class B
C.R. Bard Inc.
California Water Service
Carlisle Companies
Chevron Corp.
Chubb Corp.
Cincinnati Financial
Cintas Corp.
Clarcor Inc.
Clorox Company
Coca-Cola Company
Colgate-Palmolive Co.
Commerce Bancshares
Community Trust Banc.
Computer Services Inc.
Conn. Water Service
Consolidated Edison
Donaldson Company
Dover Corp.
Eagle Financial Services
Eaton Vance Corp.
Emerson Electric
Erie Indemnity Company
ExxonMobil Corp.
Federal Realty Inv. Trust
First Financial Corp.

Ticker
Symbol
SRCE
MMM
ABM
AFL
APD
MO
AWR
ADM
T
ATO
ADP
BDX
BMS
BKH
BWL.A
BRC
BF-B
BCR
CWT
CSL
CVX
CB
CINF
CTAS
CLC
CLX
KO
CL
CBSH
CTBI
CSVI
CTWS
ED
DCI
DOV
EFSI
EV
EMR
ERIE
XOM
FRT
THFF

25 or more Straight Years Higher Dividen

2014 2013 # 2012 2011 # 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
0.710 0.680
0.660 0.640
0.610 0.590 0.580 0.560 0.535 0.445 0.382 0.336 0.327 0.323
3.420 2.540
2.360 2.200
2.100 2.040 2.000 1.920 1.840 1.680 1.440 1.320 1.240 1.200
0.620 0.600 # 0.580 0.560
0.540 0.520 0.500 0.480 0.440 0.420 0.400 0.380 0.360 0.330
1.480 1.420
1.340 1.230
1.140 1.120 0.960 0.800 0.550 0.440 0.380 0.300 0.230 0.193
3.020 2.770
2.500 2.230
1.920 1.790 1.700 1.480 1.340 1.250 1.040 0.880 0.820 0.780
1.960 1.800
1.670 1.550
1.420 1.300 1.159 0.857 0.771 0.711 0.655 0.613 0.567 0.516
0.830 0.760
0.635 0.550
0.520 0.505 0.500 0.478 0.465 0.450 0.443 0.440 0.436 0.433
0.960 0.760
0.700 0.655
0.600 0.560 0.520 0.460 0.400 0.340 0.300 0.240 0.220 0.193
1.840 1.800
1.760 1.720
1.680 1.640 1.600 1.420 1.330 1.290 1.250 1.118 1.063 1.023
1.500 1.420
1.385 1.365
1.345 1.325 1.305 1.285 1.265 1.245 1.225 1.205 1.185 1.165
1.686 1.520
1.380 1.258
1.188 1.153 1.013 0.804 0.646 0.542 0.489 0.419 0.402 0.358
2.235 2.030
1.845 1.640 # 1.480 1.320 1.140 0.980 0.860 0.720 0.600 0.400 0.390 0.380
1.080 1.040
1.000 0.960
0.920 0.900 0.880 0.840 0.760 0.720 0.640 0.560 0.520 0.500
1.560 1.520
1.480 1.460
1.440 1.420 1.400 1.370 1.320 1.280 1.240 1.200 1.160 1.120
0.670 0.660
0.645 0.640
0.620 0.615 0.600 0.580 0.560 0.550 0.540 0.485 0.470 0.449
0.785 0.765
0.745 0.725
0.705 0.685 0.620 0.570 0.530 0.460 0.425 0.405 0.385 0.365
1.180 1.055
0.955 0.873 # 0.800 0.767 0.725 0.645 0.597 0.523 0.453 0.400 0.373 0.352
0.860 0.820
0.780 0.740
0.700 0.680 0.620 0.580 0.540 0.500 0.470 0.450 0.430 0.420
0.650 0.640
0.630 0.615
0.595 0.590 0.585 0.580 0.575 0.570 0.565 0.563 0.560 0.558
0.940 0.840
0.760 0.700
0.660 0.630 0.600 0.560 0.520 0.480 0.470 0.435 0.425 0.415
4.210 3.900
3.510 3.090
2.840 2.660 2.530 2.260 2.010 1.750 1.530 1.430 1.400 1.325
1.940 1.730
1.620 1.540
1.460 1.380 1.280 1.120 0.965 0.840 0.765 0.715 0.695 0.675
1.740 1.643
1.615 1.603
1.585 1.565 1.525 1.400 1.310 1.162 1.000 0.883 0.797 0.744
0.850 0.770
0.640 0.540 # 0.480 0.470 0.460 0.390 0.350 0.320 0.290 0.270 0.250 0.220
0.710 0.575
0.495 0.435
0.398 0.368 0.330 0.298 0.275 0.259 0.251 0.246 0.241 0.236
2.900 2.700
2.480 2.300
2.100 1.920 1.720 1.520 1.160 1.120 1.080 0.980 0.850 0.840
1.220 1.120
1.020 0.940
0.880 0.820 0.760 0.680 0.620 0.560 0.500 0.440 0.400 0.360
1.420 1.330
1.220 1.135
1.015 0.860 0.780 0.700 0.625 0.555 0.480 0.450 0.360 0.338
0.857 0.816
0.766 0.730
0.702 0.682 0.677 0.645 0.602 0.561 0.512 0.414 0.328 0.308
1.173 1.150
1.132 1.118
1.100 1.091 1.055 0.982 0.945 0.873 0.760 0.646 0.574 0.546
0.760 0.600
0.530 0.470
0.410 0.360 0.330 0.290 0.250 0.210 0.160 0.125 0.110 0.100
1.010 0.980
0.960 0.940
0.925 0.900 0.880 0.865 0.855 0.845 0.835 0.825 0.815 0.805
2.520 2.460
2.420 2.400
2.380 2.360 2.340 2.320 2.300 2.280 2.260 2.240 2.220 2.200
0.635 0.500
0.350 0.290
0.248 0.230 0.223 0.190 0.170 0.140 0.113 0.093 0.083 0.075
1.550 1.211
1.111 0.986
0.894 0.852 0.752 0.643 0.593 0.551 0.510 0.476 0.451 0.434
0.770 0.760
0.730 0.720
0.690 0.680 0.670 0.640 0.600 0.500 0.415 0.375 0.320 0.275
0.910 0.820
0.780 0.730
0.660 0.625 0.605 0.510 0.420 0.340 0.275 0.200 0.150 0.127
1.760 1.660
1.610 1.435
1.350 1.325 1.230 1.088 0.930 0.845 0.808 0.790 0.779 0.769
2.540 2.370 # 2.210 2.060
1.920 1.800 1.760 1.600 1.440 1.300 0.860 0.760 0.680 0.610
2.700 2.460
2.180 1.850
1.740 1.660 1.550 1.370 1.280 1.140 1.060 0.980 0.920 0.910
3.210 2.970
2.800 2.700
2.650 2.610 2.480 2.335 2.240 2.120 1.975 1.945 1.925 1.890
0.970 0.960
0.940 0.930
0.910 0.900 0.880 0.860 0.840 0.800 0.750 0.650 0.600 0.560

Amounts in Red indicate no increase during year

# Column on right excludes amount normally paid in following year but accelerated; included next year (column o

Dividends Paid by Year

(excluding Special/Extra Dividends)


*A/D=Acceleration/Deceleration (5-year average increase divided by 10-year average increase)

U.S. Dividend Champions

(and American Depository Receipts)

(DGR=Dividend Growth Rate)

DGR DGR DGR DGR


1-yr 3-yr 5-yr 10-yr
23.1 12.9 11.4 15.5
7.0
8.5
7.7
6.8
12.1
9.3
7.4
7.4
19.5 16.0 11.2
7.2
3.8
4.3
3.4
2.7
101.9 116.1 67.3 32.0
17.6 16.2 16.1 13.5
11.9
8.1
7.1 13.3
6.6
7.0
7.4
9.7
7.2
6.7
7.4
8.2
9.9
9.7
9.0
6.6
3.4
3.5
3.7
7.8
20.6 17.9 18.6 27.9
8.8
9.7
9.0 10.2
5.1
9.0
9.9 19.6
7.1
6.3
5.9
7.2
8.3
7.8
8.3 14.1
0.4
0.7
1.1
5.2
3.6
3.1
2.6
2.0
1.3
1.3
1.4
1.4
4.2
6.1
5.1 12.8
2.3 14.8
9.2
6.7
2.7
2.8
2.9
3.3
3.1
2.5
1.9
2.5
21.2 20.3 16.8
9.9
1.1
1.8
2.9
3.6
0.7
0.7
1.0 20.2
1.4
1.4
1.4
6.1
16.3 13.1 15.7 15.1
14.6 11.2
8.8
9.8
13.1
8.4
7.7 12.5
3.3
3.4
3.5
4.1
8.3
5.1
4.2
3.9
7.0
7.2
8.0 10.0
5.6
6.6
8.2
6.1
5.4 11.9 12.7 16.7
6.0
6.1
6.0 11.5
7.1
5.1
4.0
5.6
10.0 14.6
9.2 12.5
7.0
8.5
9.7 10.5
2.7
2.8
2.6
3.9
3.3
3.4
3.3
3.7

5/10
A/D*
0.733
1.132
0.994
1.555
1.277
2.102
1.187
0.531
0.766
0.896
1.370
0.471
0.665
0.886
0.504
0.825
0.589
0.213
1.296
0.965
0.398
1.368
0.871
0.772
1.700
0.811
0.048
0.233
1.036
0.898
0.614
0.857
1.089
0.805
1.350
0.760
0.526
0.721
0.735
0.924
0.659
0.882

Company
Name
Franklin Resources
Genuine Parts Co.
Gorman-Rupp Company
H.B. Fuller Company
HCP Inc.
Helmerich & Payne Inc.
Hormel Foods Corp.
Illinois Tool Works
Johnson & Johnson
Kimberly-Clark Corp.
Lancaster Colony Corp.
Leggett & Platt Inc.
Lowe's Companies
McCormick & Co.
McDonald's Corp.
McGraw Hill Financial Inc.
Medtronic plc
Mercury General Corp.
MGE Energy Inc.
Middlesex Water Co.
MSA Safety Inc.
NACCO Industries
National Fuel Gas
National Retail Properties
Nordson Corp.
Northwest Natural Gas
Nucor Corp.
Old Republic International
Parker-Hannifin Corp.
Pentair Ltd.
PepsiCo Inc.
Piedmont Natural Gas
PPG Industries Inc.
Procter & Gamble Co.
Questar Corp.
Raven Industries
RLI Corp.
RPM International Inc.
Sherwin-Williams Co.
Sigma-Aldrich Corp.
SJW Corp.
Sonoco Products Co.

Ticker
Symbol
BEN
GPC
GRC
FUL
HCP
HP
HRL
ITW
JNJ
KMB
LANC
LEG
LOW
MKC
MCD
MHFI
MDT
MCY
MGEE
MSEX
MSA
NC
NFG
NNN
NDSN
NWN
NUE
ORI
PH
PNR
PEP
PNY
PPG
PG
STR
RAVN
RLI
RPM
SHW
SIAL
SJW
SON

25 or more Straight Years Higher Dividen

2014 2013 # 2012 2011 # 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
0.480 0.390
0.367 0.333
0.293 0.280 0.267 0.200 0.160 0.133 0.113 0.100 0.093 0.087
2.300 2.150
1.935 1.800
1.630 1.590 1.535 1.433 1.325 1.238 1.195 1.175 1.155 1.130
0.370 0.330
0.312 0.283
0.269 0.259 0.256 0.199 0.187 0.184 0.181 0.178 0.170 0.168
0.460 0.385
0.330 0.295
0.278 0.270 0.263 0.256 0.249 0.241 0.229 0.224 0.219 0.214
2.180 2.100
2.000 1.920
1.860 1.840 1.820 1.780 1.700 1.680 1.670 1.660 1.630 1.550
2.625 1.300
0.280 0.260
0.220 0.200 0.190 0.180 0.173 0.166 0.163 0.160 0.155 0.150
0.800 0.680
0.600 0.510
0.420 0.380 0.370 0.300 0.280 0.260 0.225 0.210 0.195 0.185
1.745 1.560 # 1.460 1.380
1.270 1.240 1.150 0.910 0.705 0.585 0.500 0.465 0.445 0.410
2.760 2.590
2.400 2.250
2.110 1.930 1.795 1.620 1.455 1.275 1.095 0.925 0.795 0.700
3.256 3.038
2.799 2.684
2.473 2.281 2.176 1.994 1.840 1.677 1.476 1.265 1.131 1.064
1.780 1.620
1.460 1.350
1.230 1.155 1.125 1.090 1.050 1.010 0.940 0.830 0.760 0.690
1.210 1.170
1.130 1.090
1.050 1.010 1.000 0.700 0.680 0.620 0.570 0.530 0.490 0.470
0.820 0.680
0.600 0.500
0.400 0.350 0.330 0.260 0.160 0.100 0.070 0.053 0.040 0.038
1.480 1.360
1.240 1.120
1.040 0.960 0.880 0.800 0.720 0.640 0.560 0.460 0.420 0.400
3.280 3.120
2.870 2.530
2.260 2.050 1.625 1.500 1.000 0.670 0.550 0.400 0.235 0.225
1.200 1.120
1.020 1.000
0.940 0.900 0.880 0.820 0.726 0.660 0.600 0.540 0.510 0.490
1.170 1.080
1.010 0.935
0.860 0.785 0.625 0.470 0.413 0.360 0.313 0.270 0.240 0.215
2.463 2.453
2.443 2.410
2.370 2.330 2.320 2.080 1.920 1.720 1.480 1.320 1.200 1.060
1.108 1.070
1.037 1.010
0.990 0.973 0.956 0.938 0.924 0.916 0.907 0.899 0.892 0.885
0.763 0.753
0.743 0.733
0.723 0.713 0.703 0.693 0.683 0.673 0.663 0.649 0.634 0.623
1.230 1.180
1.100 1.030
0.990 0.960 0.940 0.840 0.680 0.520 0.370 0.257 0.217 0.180
1.023 1.000
0.773 0.675
0.664 0.659 0.651 0.631 0.607 0.589 0.534 0.401 0.309 0.296
1.520 1.480
1.440 1.400
1.360 1.320 1.270 1.220 1.180 1.140 1.100 1.060 1.025 0.985
1.650 1.600
1.560 1.530
1.510 1.500 1.480 1.400 1.320 1.300 1.290 1.280 1.270 1.260
0.800 0.660
0.550 0.460
0.390 0.369 0.365 0.350 0.335 0.323 0.313 0.303 0.285 0.280
1.845 1.825
1.790 1.750
1.680 1.600 1.520 1.440 1.390 1.320 1.300 1.270 1.260 1.245
1.480 1.470
1.460 1.450
1.440 1.410 1.310 0.630 0.400 0.300 0.235 0.200 0.190 0.170
0.730 0.720
0.710 0.700
0.690 0.680 0.670 0.630 0.590 0.512 0.403 0.357 0.336 0.315
2.070 1.780
1.620 1.430
1.070 1.000 0.920 0.763 0.653 0.573 0.507 0.507 0.480 0.480
1.100 0.960
0.880 0.800
0.760 0.720 0.680 0.600 0.560 0.520 0.430 0.400 0.375 0.350
2.533 2.240
2.105 1.990
1.860 1.750 1.600 1.350 1.120 0.980 0.780 0.620 0.590 0.570
1.270 1.230
1.190 1.150
1.110 1.070 1.030 0.990 0.950 0.905 0.853 0.823 0.793 0.760
2.620 2.420
2.340 2.260
2.180 2.130 2.090 2.040 1.910 1.860 1.790 1.730 1.690 1.680
2.532 2.367
2.211 2.057
1.885 1.720 1.550 1.360 1.210 1.090 0.978 0.865 0.790 0.730
0.750 0.710
0.665 0.620
0.540 0.505 0.494 0.486 0.465 0.445 0.415 0.390 0.363 0.353
0.490 0.465
0.405 0.350
0.310 0.270 0.250 0.210 0.170 0.133 0.105 0.080 0.069 0.063
0.710 0.670
0.630 0.595
0.570 0.530 0.480 0.420 0.360 0.300 0.240 0.190 0.168 0.155
0.980 0.915 # 0.870 0.845
0.825 0.805 0.770 0.715 0.655 0.610 0.570 0.530 0.505 0.500
2.200 2.000
1.560 1.460
1.440 1.420 1.400 1.260 1.000 0.820 0.680 0.620 0.595 0.580
0.920 0.860
0.800 0.720
0.640 0.580 0.520 0.460 0.420 0.380 0.340 0.250 0.173 0.165
0.750 0.730
0.710 0.690
0.680 0.660 0.644 0.604 0.566 0.536 0.510 0.485 0.460 0.429
1.270 1.230
1.190 1.150
1.110 1.080 1.070 1.020 0.960 0.920 0.880 0.840 0.830 0.800

Amounts in Red indicate no increase during year

# Column on right excludes amount normally paid in following year but accelerated; included next year (column o

Dividends Paid by Year

(excluding Special/Extra Dividends)


*A/D=Acceleration/Deceleration (5-year average increase divided by 10-year average increase)

U.S. Dividend Champions

(and American Depository Receipts)

(DGR=Dividend Growth Rate)

DGR DGR DGR DGR


1-yr 3-yr 5-yr 10-yr
3.0
7.5
9.4
6.6
6.2
9.2
8.9
6.0
3.6
3.7
3.9
8.4
15.8 12.4 12.0 16.6
20.3 20.0 22.8 20.3
5.1
4.5
4.5
5.0
8.3
4.7
8.0
6.1
5.2
5.0
5.6
6.0
3.0
2.7
2.8
2.9
9.5
5.9
9.0
7.3
2.4
2.2
2.0
2.4
2.0
2.0
2.1
2.7
1.2
1.3
1.1
2.3
17.4 14.5 12.5 11.6
2.5
1.8
1.7
2.4
21.0 19.3 13.3 15.5
16.2 18.3 18.6 18.2
10.6 17.7 21.2 21.2
5.7 11.0 12.6 14.8
7.1
5.4
5.3 13.6
4.8
4.2
3.6
3.0
9.0
8.1
7.3
8.0

Company
Ticker
Name
Symbol
Stanley Black & Decker
SWK
Stepan Company
SCL
Sysco Corp.
SYY
T. Rowe Price Group
TROW
Target Corp.
TGT
Telephone & Data Sys.
TDS
Tennant Company
TNC
Tompkins Financial Corp. TMP
Tootsie Roll Industries
TR
UGI Corp.
UGI
United Bankshares Inc.
UBSI
Universal Corp.
UVV
Universal Health Realty Trust
UHT
Valspar Corp.
VAL
Vectren Corp.
VVC
VF Corp.
VFC
W.W. Grainger Inc.
GWW
Walgreens Boots Alliance InWBA
Wal-Mart Stores Inc.
WMT
Weyco Group Inc.
WEYS
WGL Holdings Inc.
WGL
Averages for
105

5/10
A/D*
1.436
1.494
0.462
0.723
1.125
0.907
1.309
0.920
0.974
1.236
0.829
0.767
0.492
1.074
0.685
0.861
1.021
0.999
0.851
0.389
1.203
0.907

25 or more Straight Years Higher Dividen

2014 2013 # 2012 2011 # 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
2.040 1.980
1.800 1.640
1.340 1.300 1.260 1.220 1.180 1.140 1.080 1.030 0.990 0.940
0.690 0.650
0.580 0.530
0.490 0.450 0.425 0.413 0.403 0.393 0.386 0.381 0.369 0.354
1.160 1.120
1.080 1.040
1.000 0.960 0.880 0.760 0.680 0.600 0.520 0.440 0.360 0.280
1.760 1.520
1.360 1.240
1.080 1.000 0.960 0.680 0.560 0.460 0.380 0.340 0.320 0.300
1.900 1.580
1.320 1.100
0.840 0.680 0.600 0.520 0.440 0.360 0.300 0.260 0.240 0.220
0.536 0.510
0.490 0.470
0.445 0.430 0.410 0.390 0.370 0.350 0.330 0.310 0.290 0.270
0.780 0.720
0.690 0.680
0.590 0.530 0.520 0.480 0.460 0.440 0.430 0.420 0.410 0.400
1.620 1.540
1.460 1.400
1.329 1.236 1.200 1.127 1.041 0.969 0.902 0.840 0.792 0.752
0.308 0.299
0.291 0.284
0.276 0.268 0.260 0.253 0.245 0.238 0.231 0.224 0.218 0.212
0.807 0.737
0.707 0.680
0.600 0.523 0.503 0.482 0.460 0.433 0.398 0.377 0.361 0.350
1.280 1.250
1.240 1.200
1.200 1.160 1.160 1.120 1.080 1.040 1.010 1.000 0.930 0.890
2.040 2.000
1.960 1.920
1.880 1.840 1.800 1.760 1.720 1.680 1.560 1.440 1.360 1.280
2.520 2.490
2.450 2.425
2.415 2.380 2.340 2.300 2.260 2.175 2.000 1.960 1.920 1.880
1.080 0.920 # 0.800 0.720
0.640 0.600 0.560 0.520 0.440 0.400 0.360 0.300 0.280 0.270
1.460 1.425
1.405 1.385
1.365 1.345 1.310 1.270 1.230 1.190 1.150 1.110 1.070 1.030
1.108 0.915
0.758 0.653
0.608 0.593 0.583 0.558 0.485 0.275 0.263 0.253 0.243 0.233
4.170 3.590
3.060 2.520
2.080 1.780 1.550 1.340 1.110 0.920 0.785 0.735 0.715 0.695
1.305 1.180
1.000 0.800
0.625 0.500 0.415 0.345 0.285 0.235 0.191 0.161 0.146 0.141
1.910 1.808
1.558 1.398
1.180 1.055 0.933 0.828 0.653 0.580 0.480 0.345 0.295 0.270
0.750 0.700 # 0.660 0.640
0.620 0.580 0.500 0.400 0.340 0.250 0.210 0.180 0.167 0.153
1.740 1.660
1.588 1.540
1.500 1.458 1.408 1.365 1.345 1.323 1.295 1.278 1.268 1.255
1.505 1.381
1.274 1.191
1.112 1.059 1.004 0.912 0.831 0.762 0.695 0.640 0.604 0.578

Amounts in Red indicate no increase during year

# Column on right excludes amount normally paid in following year but accelerated; included next year (column o

Dividends Paid by Year

(excluding Special/Extra Dividends)


*A/D=Acceleration/Deceleration (5-year average increase divided by 10-year average increase)

U.S. Dividend Champions

(and American Depository Receipts)

U.S. Dividend Champions

Company
Name
1st Source Corp.
3M Company
ABM Industries Inc.
AFLAC Inc.
Air Products & Chem.
Altria Group Inc.
American States Water
Archer Daniels Midland
AT&T Inc.
Atmos Energy
Automatic Data Proc.
Becton Dickinson & Co.
Bemis Company
Black Hills Corp.
Bowl America Class A
Brady Corp.
Brown-Forman Class B
C.R. Bard Inc.
California Water Service
Carlisle Companies
Chevron Corp.
Chubb Corp.
Cincinnati Financial
Cintas Corp.
Clarcor Inc.
Clorox Company
Coca-Cola Company
Colgate-Palmolive Co.
Commerce Bancshares
Community Trust Banc.
Computer Services Inc.
Conn. Water Service
Consolidated Edison
Donaldson Company
Dover Corp.
Eagle Financial Services
Eaton Vance Corp.
Emerson Electric
Erie Indemnity Company
ExxonMobil Corp.
Federal Realty Inv. Trust
First Financial Corp.

Ticker
Symbol
SRCE
MMM
ABM
AFL
APD
MO
AWR
ADM
T
ATO
ADP
BDX
BMS
BKH
BWL.A
BRC
BF-B
BCR
CWT
CSL
CVX
CB
CINF
CTAS
CLC
CLX
KO
CL
CBSH
CTBI
CSVI
CTWS
ED
DCI
DOV
EFSI
EV
EMR
ERIE
XOM
FRT
THFF

2000
0.304
1.160
0.310
0.165
0.740
0.469
0.428
0.184
1.005
1.145
0.306
0.370
0.480
1.080
0.409
0.345
0.331
0.410
0.550
0.380
1.300
0.655
0.671
0.187
0.231
0.820
0.340
0.315
0.284
0.508
0.095
0.795
2.180
0.071
0.401
0.230
0.101
0.729
0.540
0.880
1.820
0.510

25 or more Straight Years Higher Dividen


mn on left)

(and American Depository Receipts)

16 yrs
'99-'14
1999 RegDivs
0.264 7.947
1.120 29.580
0.280 7.320
0.145 11.893
0.700 24.960
0.427 16.445
0.427 8.299
0.175 7.266
0.965 22.503
1.110 20.475
0.266 13.431
0.340 16.730
0.460 12.260
1.040 21.090
0.381 8.874
0.325 8.840
0.315 10.345
0.390 9.390
0.543 9.368
0.340 9.155
1.240 36.985
0.635 18.015
0.600 19.843
0.037 6.523
0.227 5.575
0.760 25.250
0.320 10.980
0.295 11.878
0.262 9.146
0.485 14.138
0.075 4.875
0.785 14.020
2.140 37.020
0.063 3.471
0.368 11.782
0.190 8.565
0.080 7.332
0.667 17.772
0.480 22.930
0.835 23.515
1.770 37.440
0.195 12.255
vs.

2013
vs.

2012
vs.

2011
vs.

2010
vs.

2009
vs.

2008
vs.

2007
vs.

2006
vs.

2005
vs.

2004
vs.

2003
vs.

2002
vs.

2001
vs. (simpleStandard

2000 Mean

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 average)
Deviation
4.4
3.0
3.1
4.9
3.4
1.7
3.6
4.8 20.0 16.7 13.5
2.8
1.2
6.3 15.3
7.0
5.9
34.6
7.6
7.3
4.8
2.9
2.0
4.2
4.3
9.5 16.7
9.1
6.5
3.3
3.4
3.6
8.0
8.0
3.3
3.4
3.6
3.7
3.8
4.0
4.2
9.1
4.8
5.0
5.3
5.6
9.1
6.5 10.7
5.5
2.3
4.2
6.0
8.9
7.9
1.8 16.7 20.0 45.5 25.0 15.8 26.7 30.4 19.5 16.7 13.8 17.3 11.1
9.0 10.8 12.1 16.1
7.3
5.3 14.9 10.4
7.2 20.2 18.2
7.3
5.1
5.4
5.7 10.3
4.8
8.9
7.8
7.7
9.2
9.2 12.2 35.2 11.1
8.5
8.5
6.8
8.2
9.9
9.9
9.8 10.9
6.6
9.2 19.7 15.5
5.8
3.0
1.0
4.7
2.7
3.3
1.7
0.6
1.0
0.5
1.2
0.4
4.7
5.6
26.3
8.6
6.9
9.2
7.1
7.7 13.0 15.0 17.6 13.3 25.0
9.1 14.1
5.0
5.0 12.2
6.4
2.2
2.3
2.3
2.4
2.4
2.5 12.7
6.8
3.1
3.2 11.9
5.2
3.9
1.7
4.1
4.4
3.3
5.6
2.5
1.5
1.5
1.5
1.5
1.6
1.6
1.6
1.6
1.7
1.7
1.7
1.7
3.2
2.0
1.1
10.9 10.1
9.7
5.9
3.0 13.8 26.1 24.3 19.4 10.7 16.7
4.3 12.2 17.1 14.8 13.3
6.5
10.1 10.0 12.5 10.8 12.1 15.8 16.3 14.0 19.4 20.0 50.0
2.6
2.6
2.7
8.8 13.9 11.0
3.8
4.0
4.2
4.3
2.2
2.3
4.8 10.5
5.6 12.5 14.3
7.7
4.0
4.2
4.3
5.9
3.5
2.6
2.7
1.4
1.4
1.4
1.4
2.2
3.8
3.1
3.2
3.3
3.4
3.6
3.7
3.8
2.7
0.9
1.5
2.3
0.8
3.2
0.8
2.5
3.4
3.6
1.8
1.9 11.3
3.2
4.7
9.8
7.4
3.9
3.1
2.6
2.7
2.8
2.8
2.9 10.5
8.8
7.5 15.2
8.2
4.9
5.2
5.5
5.8
6.2
6.1
3.4
11.8 10.5
9.4
9.2
4.3
5.7 12.4
8.0 14.3 15.3 13.3
7.1
6.1
6.5
5.1
9.3
3.4
4.9
5.1
5.4
5.7
2.9
9.7
6.9
7.4
8.0
6.4
4.4
4.7
2.4
2.4
5.1
5.4
2.0
1.6
1.6
2.4
3.4
0.8
0.9
0.9
0.9
0.9
0.9
0.4
0.4
0.4
1.4
1.4
1.2
0.8
11.9 10.5
8.6
6.1
4.8
5.0
7.1
7.7
8.3
2.1
8.0
2.4
2.4
9.2 11.8
7.1
3.1
7.9 11.1 13.6
8.8
6.8
5.1 11.9 12.4 14.9 14.4
7.0
2.1
5.7
1.9
4.8
8.6
4.1
12.1
6.8
5.2
5.5
5.8
7.8 14.3 16.1 14.9
9.8
7.0
2.9
3.0
3.1
3.1
7.8
4.4
5.9
1.7
0.8
1.1
1.3
2.6
8.9
6.9 12.7 16.2 13.3 10.7
7.2 10.8 11.8
7.5
4.9
10.4 20.3 18.5 12.5
2.1
2.2 17.9 11.4
9.4 10.3
7.4
8.0 13.6 17.9 409.1 38.1 99.3
23.5 16.2 13.8
9.4
8.2 11.4 10.9
8.2
6.3
3.0
2.0
2.1
2.1
2.2
1.9
8.1
6.1
7.4
8.9
7.8
9.5
9.4 11.6 13.2 31.0
3.6
3.7 10.2 15.3
1.2
2.4
7.9
9.5
6.9
8.9
9.8
8.5
6.8
7.3
7.9 11.8
9.7 10.7 12.0 13.6 10.0 11.1
5.9
6.3
9.4
2.2
6.8
9.0
7.5 11.8 18.0 10.3 11.4 12.0 12.6 15.6
6.7 25.0
6.7
7.1
6.8 11.2
5.0
5.0
6.5
5.0
4.0
2.8
0.8
5.0
7.2
7.2
9.6 23.9 26.0
6.7
8.3
8.6
8.4
6.8
2.0
1.6
1.2
1.7
0.8
3.4
7.4
3.8
8.3 14.8 17.7 12.6
5.0
7.6
4.6
6.2
5.1
26.7 13.2 12.8 14.6 13.9
9.1 13.8 16.0 19.0 31.3 28.0 13.6 10.0
5.3 26.7 16.9
7.5
3.1
2.1
2.1
1.6
2.8
2.3
1.7
1.2
1.2
1.2
1.2
1.2
1.2
1.3
1.3
1.7
0.6
2.4
1.7
0.8
0.8
0.8
0.9
0.9
0.9
0.9
0.9
0.9
0.9
0.9
0.9
1.9
1.1
0.5
27.0 42.9 20.7 17.2
7.6
3.4 17.1 11.8 21.4 24.4 21.6 12.1 10.0
5.3 14.0 17.1
9.7
28.0
9.0 12.7 10.3
4.9 13.3 16.9
8.5
7.6
8.2
7.0
5.6
3.8
8.3
9.1 10.2
5.8
1.3
4.1
1.4
4.3
1.5
1.5
4.7
6.7 20.0 20.5 10.7 17.2 16.4 19.6 21.1 10.1
7.8
11.0
5.1
6.8 10.6
5.6
3.3 18.6 21.4 23.5 23.6 37.5 33.8 18.2 24.9 26.6 18.0 10.3
6.0
3.1 12.2
6.3
1.9
7.7 13.1 16.9 10.1
4.6
2.3
1.4
1.3
5.5
9.3
6.8
4.6
7.2
7.2
7.3
7.3
6.7
2.3 10.0 11.1 10.8 51.2 13.2 11.8 11.5 13.0 12.5 12.2 10.8
9.8 12.8 17.8
6.3
4.8
7.1 13.1
7.0 12.3
7.5
8.2
6.5
1.1
3.4
5.4
8.2
4.2
8.1
6.1
3.7
1.9
1.5
5.2
6.2
4.2
5.7
7.3
1.5
1.0
1.9
3.8
2.8
4.1
2.2
1.0
2.1
1.1
2.2
1.1
2.3
2.3
2.4
5.0
6.7 15.4
8.3
7.1
9.8 161.5 15.2 39.3

vs.

2014

Percentage Increase by Year

U.S. Dividend Champions

Company
Name
Franklin Resources
Genuine Parts Co.
Gorman-Rupp Company
H.B. Fuller Company
HCP Inc.
Helmerich & Payne Inc.
Hormel Foods Corp.
Illinois Tool Works
Johnson & Johnson
Kimberly-Clark Corp.
Lancaster Colony Corp.
Leggett & Platt Inc.
Lowe's Companies
McCormick & Co.
McDonald's Corp.
McGraw Hill Financial Inc.
Medtronic plc
Mercury General Corp.
MGE Energy Inc.
Middlesex Water Co.
MSA Safety Inc.
NACCO Industries
National Fuel Gas
National Retail Properties
Nordson Corp.
Northwest Natural Gas
Nucor Corp.
Old Republic International
Parker-Hannifin Corp.
Pentair Ltd.
PepsiCo Inc.
Piedmont Natural Gas
PPG Industries Inc.
Procter & Gamble Co.
Questar Corp.
Raven Industries
RLI Corp.
RPM International Inc.
Sherwin-Williams Co.
Sigma-Aldrich Corp.
SJW Corp.
Sonoco Products Co.

Ticker
Symbol
BEN
GPC
GRC
FUL
HCP
HP
HRL
ITW
JNJ
KMB
LANC
LEG
LOW
MKC
MCD
MHFI
MDT
MCY
MGEE
MSEX
MSA
NC
NFG
NNN
NDSN
NWN
NUE
ORI
PH
PNR
PEP
PNY
PPG
PG
STR
RAVN
RLI
RPM
SHW
SIAL
SJW
SON

2000
0.080
1.085
0.163
0.209
1.470
0.145
0.175
0.370
0.620
1.026
0.650
0.400
0.035
0.380
0.215
0.470
0.180
0.960
0.877
0.613
0.158
0.284
0.945
1.245
0.260
1.240
0.150
0.293
0.453
0.325
0.550
0.720
1.600
0.670
0.343
0.058
0.145
0.493
0.540
0.155
0.410
0.790

25 or more Straight Years Higher Dividen


mn on left)

(and American Depository Receipts)

16 yrs
'99-'14
1999 RegDivs
0.073 3.450
1.030 23.705
0.157 3.665
0.204 4.324
1.390 28.250
0.140 6.507
0.165 5.755
0.315 14.510
0.545 24.865
0.987 31.167
0.610 17.350
0.350 12.470
0.030 4.465
0.340 12.800
0.195 22.725
0.430 12.306
0.145 9.070
0.840 29.368
0.867 15.249
0.595 10.950
0.151 10.802
0.271 9.366
0.915 19.360
1.240 22.435
0.240 6.281
1.220 23.695
0.130 12.425
0.261 8.597
0.453 14.760
0.320 9.780
0.530 21.168
0.680 15.523
1.520 31.860
0.625 22.640
0.335 7.878
0.054 3.481
0.135 6.298
0.475 11.063
0.480 18.055
0.145 7.528
0.400 9.264
0.750 15.890
vs.

2013
vs.

2012
vs.

2011
vs.

2010
vs.

2009
vs.

2008
vs.

2007
vs.

2006
vs.

2005
vs.

2004
vs.

2003
vs.

2002
vs.

2001
vs. (simpleStandard

2000 Mean

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 average)
Deviation
23.1
6.4 10.0 13.6
4.8
5.0 33.3 25.0 20.0 17.6 13.3
7.1
7.7
8.3
9.1 13.6
8.2
7.0 11.1
7.5 10.4
2.5
3.6
7.2
8.1
7.1
3.6
1.7
1.7
2.2
4.1
5.3
5.5
3.0
12.1
5.8 10.2
5.4
3.7
1.3 28.9
6.4
1.8
1.4
1.5
4.6
1.6
3.2
3.3
6.1
6.8
19.5 16.7 11.9
6.3
2.8
2.9
2.5
2.9
3.1
5.5
2.2
2.3
2.3
2.4
2.4
5.7
5.5
3.8
5.0
4.2
3.2
1.1
1.1
2.2
4.7
1.2
0.6
0.6
1.8
5.2
5.4
5.8
3.1
1.8
101.9 364.3
7.7 18.2 10.0
5.3
5.6
4.0
4.2
1.8
1.9
3.2
3.3
3.4
3.6 35.9 91.1
17.6 13.3 17.6 21.4 10.5
2.7 23.3
7.1
7.7 15.6
7.1
7.7
5.4
5.7
6.1 11.3
6.2
11.9
6.8
5.8
8.7
2.4
7.8 26.4 29.1 20.5 17.0
7.5
4.5
8.5 10.8 17.5 12.3
7.7
6.6
7.9
6.7
6.6
9.3
7.5 10.8 11.3 14.1 16.4 18.4 16.4 13.6 12.9 13.8 11.5
3.8
7.2
8.6
4.3
8.5
8.4
4.8
9.1
8.3
9.7 13.6 16.7 11.9
6.3
3.7
3.9
8.3
3.5
9.9 11.0
8.1
9.8
6.5
2.7
3.2
3.8
4.0
7.4 13.3
9.2 10.1
6.2
6.6
7.4
3.0
3.4
3.5
3.7
3.8
4.0
1.0 42.9
2.9
9.7
8.8
7.5
8.2
4.3 17.5 14.3
9.0 10.0
20.6 13.3 20.0 25.0 14.3
6.1 26.9 62.5 60.0 42.9 33.3 31.3
6.7
7.1 16.7 25.8 17.2
8.8
9.7 10.7
7.7
8.3
9.1 10.0 11.1 12.5 14.3 21.7
9.5
5.0
5.3 11.8 10.4
3.9
5.1
8.7 13.4 11.9 10.2 26.2
8.3 50.0 49.3 21.8 37.5 70.2
4.4
4.7 10.3 22.1 19.7
7.1
9.8
2.0
6.4
4.4
2.3
7.3 12.9 10.0 10.0 11.1
5.9
4.1
4.3
9.3
7.1
3.2
8.3
6.9
8.0
8.7
9.6 25.6 33.0 13.9 14.6 15.2 15.7 12.5 11.6 19.4 24.1 15.2
7.2
0.4
0.4
1.3
1.7
1.7
0.4 11.5
8.3 11.6 16.2 12.1 10.0 13.2 10.4 14.3
7.6
5.7
3.6
3.2
2.6
2.0
1.7
1.9
1.9
1.4
0.9
1.0
0.9
0.7
0.8
1.0
1.2
1.7
0.9
1.3
1.3
1.4
1.4
1.4
1.4
1.4
1.5
1.5
1.5
2.1
2.4
1.8
1.6
2.9
1.7
0.4
4.2
7.3
6.8
4.0
3.1
2.1 11.9 23.5 30.8 40.5 44.1 18.5 20.4 14.1
4.4 15.7 13.3
2.3 29.3 14.5
1.7
0.8
1.1
3.3
3.9
3.1 10.3 32.9 29.9
4.3
4.5
4.7
9.8 11.0
2.7
2.8
2.9
2.9
3.0
3.9
4.1
3.4
3.5
3.6
3.8
3.4
4.1
4.2
3.3
3.4
0.5
3.1
2.6
2.0
1.3
0.7
1.4
5.7
6.1
1.5
0.8
0.8
0.8
0.8
1.2
0.4
1.9
1.7
21.2 20.0 19.6 17.9
5.8
1.0
4.3
4.5
3.9
3.2
3.3
6.1
1.8
7.7
8.3
8.6
7.0
1.1
2.0
2.3
4.2
5.0
5.3
5.6
3.6
5.3
1.5
2.4
0.8
1.2
0.4
1.6
2.8
1.8
0.7
0.7
0.7
0.7
2.1
7.6 107.9 57.5 33.3 27.7 17.5
5.3 11.8 13.3 15.4 20.1 27.9
1.4
1.4
1.4
1.4
1.5
1.5
6.3
6.8 15.2 27.2 12.7
6.3
6.8
7.3 12.2
7.3
6.9
16.3
9.9 13.3 33.6
7.0
8.7 20.5 16.8 14.0 13.2
0.0
5.6
0.0
5.9
0.0 11.0
8.7
14.6
9.1 10.0
5.3
5.6
5.9 13.3
7.1
7.7 20.9
7.5
6.7
7.1
7.7
1.6
8.7
4.5
13.1
6.4
5.8
7.0
6.3
9.4 18.5 20.5 14.3 25.6 25.8
5.1
3.5
3.6
3.8 11.2
7.7
3.3
3.4
3.5
3.6
3.7
3.9
4.0
4.2
5.0
6.2
3.6
3.8
4.3
5.6
5.9
4.3
0.9
8.3
3.4
3.5
3.7
2.3
1.9
2.5
6.8
2.7
3.9
3.5
2.4
0.6
5.0
5.3
3.7
1.9
7.0
7.0
7.5
9.1
9.6 11.0 14.0 12.4 11.0 11.5 13.0
9.5
8.2
9.0
7.2
9.8
2.2
5.6
6.8
7.3 14.8
6.9
2.2
1.6
4.5
4.5
7.2
6.4
7.6
2.8
2.9
2.2
5.6
3.2
5.4 14.8 15.7 12.9 14.8
8.0 19.0 23.5 28.3 26.2 31.3 16.4 10.0
7.1
7.7 16.1
7.9
6.0
6.3
5.9
4.4
7.5 10.4 14.3 16.7 20.0 25.0 26.3 13.4
8.1
6.9
7.4 11.9
6.9
7.1
5.2
3.0
2.4
2.5
4.5
7.7
9.2
7.4
7.0
7.5
5.0
1.0
1.5
3.7
5.0
2.5
10.0 28.2
6.8
1.4
1.4
1.4 11.1 26.0 22.0 20.6
9.7
4.2
2.6
7.4 12.5 11.0
8.8
7.0
7.5 11.1 12.5 10.3 11.5 13.0
9.5 10.5 11.8 36.0 44.9
4.5
6.5
6.9 13.6 10.9
2.7
2.8
2.9
1.5
3.0
2.5
6.6
6.7
5.6
5.1
5.1
5.5
7.2
4.6
2.5
4.3
1.8
3.3
3.4
3.5
3.6
2.8
0.9
4.9
6.3
4.3
4.5
4.8
1.2
3.7
1.3
5.3
3.6
1.5

vs.

2014

Percentage Increase by Year

U.S. Dividend Champions

Company
Ticker
Name
Symbol
Stanley Black & Decker
SWK
Stepan Company
SCL
Sysco Corp.
SYY
T. Rowe Price Group
TROW
Target Corp.
TGT
Telephone & Data Sys.
TDS
Tennant Company
TNC
Tompkins Financial Corp. TMP
Tootsie Roll Industries
TR
UGI Corp.
UGI
United Bankshares Inc.
UBSI
Universal Corp.
UVV
Universal Health Realty Trust
UHT
Valspar Corp.
VAL
Vectren Corp.
VVC
VF Corp.
VFC
W.W. Grainger Inc.
GWW
Walgreens Boots Alliance InWBA
Wal-Mart Stores Inc.
WMT
Weyco Group Inc.
WEYS
WGL Holdings Inc.
WGL
Averages for
105

2000
0.900
0.326
0.240
0.260
0.210
0.250
0.390
0.738
0.205
0.339
0.840
1.240
1.840
0.260
0.983
0.223
0.670
0.136
0.230
0.140
1.235
0.551

25 or more Straight Years Higher Dividen


mn on left)

(and American Depository Receipts)

16 yrs
'99-'14
1999 RegDivs
0.870 20.710
0.306 7.145
0.200 11.320
0.200 12.420
0.200 10.770
0.230 6.081
0.380 8.320
0.704 17.650
0.199 4.013
0.327 8.083
0.810 17.210
1.200 26.680
1.810 35.165
0.230 8.380
0.950 19.678
0.213 7.958
0.630 26.350
0.131 7.598
0.200 13.720
0.127 6.417
1.215 22.470
0.518 14.616
vs.

2013
vs.

2012
vs.

2011
vs.

2010
vs.

2009
vs.

2008
vs.

2007
vs.

2006
vs.

2005
vs.

2004
vs.

2003
vs.

2002
vs.

2001
vs. (simpleStandard

2000 Mean

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 average)
Deviation
3.0 10.0
9.8 22.4
3.1
3.2
3.3
3.4
3.5
5.6
4.9
4.0
5.3
4.4
3.4
6.0
4.9
6.2 12.1
9.4
8.2
8.9
5.9
3.0
2.5
2.5
1.6
1.3
3.4
4.2
8.4
6.5
5.6
3.2
3.6
3.7
3.8
4.0
4.2
9.1 15.8 11.8 13.3 15.4 18.2 22.2 28.6 16.7 20.0 12.7
7.6
15.8 11.8
9.7 14.8
8.0
4.2 41.2 21.4 21.7 21.1 11.8
6.3
6.7 15.4 30.0 16.0
9.6
20.3 19.7 20.0 31.0 23.5 13.3 15.4 18.2 22.2 20.0 15.4
8.3
9.1
4.8
5.0 16.4
7.1
5.1
4.1
4.3
5.6
3.5
4.9
5.1
5.4
5.7
6.1
6.5
6.9
7.4
8.0
8.7
5.8
1.4
8.3
4.3
1.5 15.3 11.3
1.9
8.3
4.3
4.5
2.3
2.4
2.4
2.5
2.6
2.6
5.0
3.9
5.2
5.5
4.3
5.3
7.5
3.0
6.5
8.3
7.4
7.5
7.3
6.0
5.4
1.8
4.9
5.7
1.7
3.0
3.0
2.3
3.0
3.0
3.0
3.0
3.0
3.0
3.0
3.0
3.0
3.0
3.0
3.0
3.0
0.2
9.5
4.2
3.9 13.3 14.6
4.0
4.5
4.7
6.2
8.8
5.8
4.3
3.2
3.3
3.7
6.3
3.5
2.4
0.8
3.3
0.0
3.4
0.0
3.6
3.7
3.8
3.0
1.0
7.5
4.5
6.0
3.7
3.1
2.0
2.0
2.0
2.1
2.1
2.2
2.2
2.3
2.3
2.4
7.7
8.3
5.9
6.3
3.2
3.3
3.6
2.2
1.2
1.6
1.0
0.4
1.5
1.7
1.7
1.8
3.9
8.7
2.0
2.1
2.1
2.2
1.7
2.2
1.9
17.4 15.0 11.1 12.5
6.7
7.1
7.7 18.2 10.0 11.1 20.0
7.1
3.7
3.8 13.0 11.0
4.9
2.5
1.4
1.4
1.5
1.5
2.7
3.1
3.3
3.4
3.5
3.6
3.7
3.9
4.8
3.4
2.9
1.0
21.0 20.8 16.1
7.4
2.5
1.7
4.5 14.9 76.4
4.8
4.0
4.1
4.3
4.5
4.7 12.8 18.1
16.2 17.3 21.4 21.2 16.9 14.8 15.7 20.7 20.7 17.2
6.8
2.8
2.9
3.7
6.3 13.6
6.8
10.6 18.0 25.0 28.0 25.0 20.5 20.3 21.1 21.3 22.9 18.6 10.3
3.5
3.7
3.8 16.8
8.0
5.7 16.1 11.4 18.4 11.8 13.1 12.7 26.8 12.5 20.8 39.1 16.9
9.3 17.4 15.0 16.5
7.8
7.1
6.1
3.1
3.2
6.9 16.0 25.0 17.6 36.0 19.0 16.7
8.0
8.7
9.5 10.5 12.9
8.7
4.8
4.6
3.1
2.7
2.9
3.6
3.1
1.5
1.7
2.1
1.4
0.8
1.0
1.6
1.6
2.4
1.2
9.0
8.4
7.0
7.0
5.1
5.5 10.1
9.7
9.0
9.7
8.5
6.0
4.5
4.9
6.3
7.4
1.9

vs.

2014

Percentage Increase by Year

Factor
(6.9)
(7.4)
(17.3)
(1.5)
(16.8)
(7.5)
(11.8)
(0.6)
(23.5)
(13.1)
(18.3)
(11.4)
(12.9)
(11.9)
(43.6)
n/a
(18.1)
(40.4)
(15.3)
(15.9)
2.5
(2.3)
(10.1)
(8.5)
(7.2)
(12.7)
(14.1)
(15.7)
(9.7)
(7.5)
(3.1)
(13.6)
(11.0)
2.4
(1.5)
(5.7)
(9.0)
(9.6)
(15.4)
2.0
(48.6)
(8.9)

Rule
6.1
13.5
5.6
8.2
13.3
12.7
12.7
13.7
7.8
5.4
10.2
12.8
6.2
5.2
6.4
5.8
10.4
5.3
4.8
9.4
13.5
9.4
5.8
13.6
15.3
11.4
11.5
12.8
6.8
5.2
18.2
5.2
5.5
24.3
14.8
5.8
10.2
9.0
10.4
13.6
6.8
4.4

Factor 2015 2016 2017 2018 2019


55.5 0.76 0.80 0.86 0.92 0.98
78.7 3.76 4.12 4.51 4.94 5.41
55.0 0.63 0.67 0.71 0.75 0.80
68.5 1.49 1.59 1.66 1.73 1.81
66.3 3.05 3.36 3.69 4.06 4.47
68.0 2.16 2.33 2.52 2.73 2.96
59.7 0.84 0.89 0.91 0.94 0.97
84.3 1.06 1.15 1.24 1.32 1.42
41.0 1.86 1.91 1.99 2.08 2.18
57.8 1.65 1.77 1.89 2.02 2.16
71.2 1.85 2.04 2.24 2.47 2.71
80.0 2.46 2.70 2.97 3.27 3.60
61.5 1.19 1.29 1.38 1.49 1.60
56.5 1.72 1.82 1.95 2.09 2.23
24.6 0.69 0.71 0.73 0.75 0.78
45.9 0.86 0.95 1.04 1.15 1.26
68.0 1.30 1.40 1.50 1.62 1.74
56.5 0.87 0.96 1.05 1.16 1.27
49.9 0.72 0.74 0.78 0.82 0.86
73.6 0.95 1.04 1.15 1.26 1.39
68.0 4.25 4.68 4.72 4.77 4.82
68.8 1.96 2.08 2.15 2.21 2.27
53.4 1.77 1.85 1.87 1.89 1.91
76.8 0.94 1.03 1.13 1.24 1.37
80.0 0.78 0.86 0.95 1.04 1.14
59.9 2.93 3.13 3.32 3.53 3.75
59.3 1.23 1.31 1.37 1.44 1.51
64.2 1.43 1.57 1.71 1.85 2.00
59.9 0.88 0.96 1.04 1.13 1.22
45.5 1.18 1.24 1.30 1.37 1.43
52.4 0.78 0.81 0.83 0.86 0.88
48.4 1.11 1.15 1.21 1.27 1.33
43.0 2.59 2.65 2.71 2.78 2.84
75.1 0.68 0.75 0.81 0.88 0.95
78.6 1.55 1.71 1.86 2.02 2.19
35.7 0.79 0.82 0.84 0.87 0.89
71.2 1.00 1.10 1.21 1.33 1.47
70.9 1.94 2.02 2.18 2.35 2.53
58.8 2.63 2.86 3.14 3.46 3.80
72.2 2.78 3.06 3.09 3.12 3.15
54.6 3.53 3.88 4.27 4.70 5.17
42.2 1.04 1.09 1.09 1.09 1.09

$
4.33
22.75
3.56
8.29
18.62
12.69
4.54
6.19
10.02
9.49
11.32
15.01
6.95
9.80
3.66
5.27
7.55
5.30
3.92
5.80
23.24
10.67
9.29
5.71
4.77
16.67
6.86
8.56
5.22
6.52
4.16
6.07
13.57
4.06
9.33
4.21
6.11
11.02
15.89
15.20
21.56
5.42

%
13.9
14.5
11.1
13.2
13.0
25.4
11.8
12.7
28.9
17.6
13.4
10.7
15.4
19.9
25.3
19.8
8.4
3.2
16.4
6.0
20.9
10.8
18.3
7.1
7.3
15.7
16.9
12.7
12.2
20.3
9.7
16.8
22.0
10.9
12.3
17.5
14.9
18.7
19.2
17.4
16.1
16.0

Est. Payback

Tweed Chowder Confid. Estimated Dividends to be Paid in Year:

Company
Name
1st Source Corp.
3M Company
ABM Industries Inc.
AFLAC Inc.
Air Products & Chem.
Altria Group Inc.
American States Water
Archer Daniels Midland
AT&T Inc.
Atmos Energy
Automatic Data Proc.
Becton Dickinson & Co.
Bemis Company
Black Hills Corp.
Bowl America Class A
Brady Corp.
Brown-Forman Class B
C.R. Bard Inc.
California Water Service
Carlisle Companies
Chevron Corp.
Chubb Corp.
Cincinnati Financial
Cintas Corp.
Clarcor Inc.
Clorox Company
Coca-Cola Company
Colgate-Palmolive Co.
Commerce Bancshares
Community Trust Banc.
Computer Services Inc.
Conn. Water Service
Consolidated Edison
Donaldson Company
Dover Corp.
Eagle Financial Services
Eaton Vance Corp.
Emerson Electric
Erie Indemnity Company
ExxonMobil Corp.
Federal Realty Inv. Trust
First Financial Corp.

Tickerdard
Symbol
Sector
SRCE Financials
MMM Industrials
ABM
Industrials
AFL
Financials
APD
Materials
MO
Consumer Staples
AWR
Utilities
ADM
Consumer Staples
T
Telecommunications
ATO
Utilities
ADP
Information Tech
BDX
Health Care
BMS
Materials
BKH
Utilities
BWL.A Consumer Discretionary
BRC
Industrials
BF-B
Consumer Staples
BCR
Health Care
CWT
Utilities
CSL
Industrials
CVX
Energy
CB
Financials
CINF
Financials
CTAS Industrials
CLC
Industrials
CLX
Consumer Staples
KO
Consumer Staples
CL
Consumer Staples
CBSH Financials
CTBI
Financials
CSVI
Information Tech
CTWS Utilities
ED
Utilities
DCI
Industrials
DOV
Industrials
EFSI
Financials
EV
Financials
EMR
Industrials
ERIE
Financials
XOM
Energy
FRT
Financials
THFF Financials

5-year Total

25 or more Straight Years Higher Dividen

Past Performance is No Guarantee of Future Results

Dividend Growth Model


(based on Earnings Estimates, if available)

Special Formulas
(see Notes tab)

U.S. Dividend Champions

(and American Depository Receipts)

Current Price as % from:


5-yr 52-wk 52-wk 50-day 200-day
Beta
Low
High
MMA
MMA
1.07
14.0
(11.1)
(2.5)
1.4
1.10
21.1
(8.3)
(5.3)
1.5
0.94
34.5
(2.1)
2.6
14.4
1.56
16.1
(3.2)
(0.4)
4.9
1.20
26.1
(8.9)
(5.9)
2.7
0.55
32.0
(10.8)
(4.6)
4.3
0.67
40.6
(8.0)
(3.5)
8.3
0.89
18.7
(8.8)
2.9
0.7
0.40
11.1
(3.7)
4.7
3.8
0.48
18.0
(8.4)
(0.5)
3.3
0.85
29.6
(5.8)
(2.1)
5.7
0.90
29.1
(5.7)
(2.1)
7.4
0.67
32.7
(9.0)
(3.1)
6.8
0.80
6.2
(18.9)
(2.3)
(4.0)
n/a
22.9
(9.4) 0.4
(0.4)
1.34
28.9
(11.0)
(2.1)
4.4
0.59
10.9
(7.3)
(0.7)
(0.1)
0.73
23.4
(7.9)
(1.9)
3.2
0.63
19.8
(8.3)
(3.1)
(1.0)
1.32
29.9
(4.3)
3.2
10.1
1.16
13.4
(15.5)
4.0
(2.0)
0.65
15.7
(6.1)
(2.2)
1.5
0.79
14.3
(7.8)
(4.2)
1.8
0.81
41.9
(9.4)
(3.2)
8.9
0.90
18.5
(4.9)
(1.2)
1.9
0.38
26.2
(5.2)
(2.7)
6.6
0.51
6.2
(9.1)
(1.0)
(1.9)
0.46
8.8
(5.5)
(2.8)
0.6
1.01
13.3
(4.6)
0.9
1.1
1.07
2.7
(13.7)
(2.1)
(5.5)
n/a
28.2
(2.4)
2.0
5.8
0.60
18.7
(6.0)
(2.3)
3.7
0.09
18.4
(14.0)
(0.1)
1.1
0.91
4.2
(13.0)
(0.6)
(3.7)
1.51
13.4
(16.3)
5.4
(1.4)
n/a
0.0
2.3
0.0
0.4
1.61
25.1
(11.1)
(2.5)
4.7
1.28
7.1
(12.6)
2.5
(3.1)
0.48
21.2
(10.9)
(4.7)
0.3
0.90
5.7
(14.8)
1.2
(5.0)
0.46
18.0
(11.5)
(6.3)
1.3
1.06
13.6
(5.7)
(2.4)
2.5

MMA=Moving Market Average

Technical Data

Factor
(1.2)
(9.0)
(12.5)
(35.0)
(11.7)
58.9
(5.7)
(10.0)
(7.3)
(18.7)
(14.6)
(20.8)
(5.6)
(11.9)
(8.3)
n/a
(13.9)
(11.3)
(12.5)
(15.4)
(12.3)
n/a
(12.9)
(25.4)
(2.1)
(14.8)
(18.0)
(4.4)
1.3
(8.6)
(11.5)
(14.1)
(22.7)
(12.2)
(6.4)
(7.9)
(8.4)
(23.9)
(20.6)
(23.0)
(6.3)
(10.3)

Rule
12.5
10.4
8.9
12.5
9.1
70.9
17.9
9.1
10.4
10.6
11.1
6.6
19.9
11.2
13.4
7.2
9.9
5.6
5.4
4.7
7.8
11.3
5.3
6.3
17.9
6.9
4.0
6.3
17.8
10.9
10.6
7.0
5.5
11.4
11.8
15.3
7.5
6.2
10.1
10.3
5.3
6.4

Factor 2015 2016 2017 2018 2019


77.5 0.53 0.57 0.59 0.61 0.64
67.6 2.41 2.60 2.75 2.90 3.07
72.3 0.41 0.41 0.45 0.50 0.55
64.3 0.46 0.51 0.56 0.61 0.67
38.2 2.20 2.22 2.29 2.36 2.43
63.2 2.65 2.68 2.76 2.84 2.93
78.9 0.88 0.95 1.02 1.09 1.17
79.5 1.92 2.11 2.32 2.55 2.81
69.9 3.04 3.18 3.34 3.51 3.69
55.2 3.29 3.55 3.77 4.01 4.27
65.2 1.80 1.98 2.14 2.31 2.49
56.8 1.33 1.46 1.61 1.77 1.95
84.3 0.90 0.99 1.09 1.20 1.32
71.2 1.63 1.75 1.88 2.01 2.16
61.2 3.31 3.59 3.80 4.02 4.26
47.3 1.21 1.33 1.47 1.61 1.77
63.0 1.18 1.20 1.28 1.37 1.46
48.8 2.71 2.85 3.08 3.33 3.61
49.3 1.19 1.24 1.29 1.34 1.40
42.2 0.84 0.88 0.90 0.93 0.95
61.6 1.24 1.37 1.50 1.65 1.82
35.4 1.03 1.03 1.06 1.10 1.13
58.2 1.67 1.75 1.91 2.10 2.30
39.6 1.82 1.91 1.98 2.05 2.12
81.8 0.88 0.97 1.06 1.17 1.29
42.4 1.86 1.92 2.00 2.08 2.16
65.3 1.63 1.79 1.97 2.17 2.38
54.9 0.74 0.77 0.85 0.94 1.03
86.5 2.27 2.45 2.70 2.97 3.27
80.1 1.21 1.33 1.45 1.59 1.73
65.2 2.56 2.77 2.95 3.14 3.34
49.6 1.31 1.41 1.48 1.56 1.63
66.6 2.88 3.17 3.49 3.84 4.22
65.0 2.63 2.81 2.98 3.17 3.36
59.2 0.83 0.86 0.89 0.93 0.97
68.4 0.49 0.54 0.60 0.66 0.72
68.0 0.76 0.76 0.83 0.91 0.99
61.7 1.08 1.19 1.29 1.40 1.51
79.8 2.42 2.66 2.93 3.22 3.54
59.4 0.94 0.99 1.05 1.12 1.19
64.0 0.83 0.88 0.97 1.07 1.17
61.1 1.39 1.53 1.61 1.70 1.80

$
2.94
13.73
2.31
2.81
11.50
13.85
5.10
11.72
16.75
18.90
10.71
8.13
5.51
9.43
18.99
7.40
6.50
15.58
6.47
4.51
7.58
5.35
9.73
9.87
5.37
10.02
9.94
4.33
13.66
7.31
14.75
7.40
17.59
14.95
4.47
3.02
4.25
6.46
14.77
5.31
4.92
8.04

%
5.7
15.3
8.5
6.7
28.5
17.8
9.4
12.5
16.9
17.2
11.9
19.1
8.0
12.5
19.7
7.1
8.7
28.3
15.6
19.8
16.6
10.9
15.1
25.7
6.7
21.5
20.3
28.3
11.4
11.8
15.5
19.8
7.9
18.8
19.1
15.2
8.6
13.6
5.3
3.8
16.8
18.0

Est. Payback

Tweed Chowder Confid. Estimated Dividends to be Paid in Year:

Company
Name
Franklin Resources
Genuine Parts Co.
Gorman-Rupp Company
H.B. Fuller Company
HCP Inc.
Helmerich & Payne Inc.
Hormel Foods Corp.
Illinois Tool Works
Johnson & Johnson
Kimberly-Clark Corp.
Lancaster Colony Corp.
Leggett & Platt Inc.
Lowe's Companies
McCormick & Co.
McDonald's Corp.
McGraw Hill Financial Inc.
Medtronic plc
Mercury General Corp.
MGE Energy Inc.
Middlesex Water Co.
MSA Safety Inc.
NACCO Industries
National Fuel Gas
National Retail Properties
Nordson Corp.
Northwest Natural Gas
Nucor Corp.
Old Republic International
Parker-Hannifin Corp.
Pentair Ltd.
PepsiCo Inc.
Piedmont Natural Gas
PPG Industries Inc.
Procter & Gamble Co.
Questar Corp.
Raven Industries
RLI Corp.
RPM International Inc.
Sherwin-Williams Co.
Sigma-Aldrich Corp.
SJW Corp.
Sonoco Products Co.

Tickerdard
Symbol
Sector
BEN
Financials
GPC
Consumer Discretionary
GRC
Industrials
FUL
Materials
HCP
Financials
HP
Energy
HRL
Consumer Staples
ITW
Industrials
JNJ
Health Care
KMB
Consumer Staples
LANC Consumer Staples
LEG
Consumer Discretionary
LOW
Consumer Discretionary
MKC
Consumer Staples
MCD
Consumer Discretionary
MHFI Financials
MDT
Health Care
MCY
Financials
MGEE Utilities
MSEX Utilities
MSA
Industrials
NC
Consumer Discretionary
NFG
Utilities
NNN
Financials
NDSN Industrials
NWN Utilities
NUE
Materials
ORI
Financials
PH
Industrials
PNR
Industrials
PEP
Consumer Staples
PNY
Utilities
PPG
Materials
PG
Consumer Staples
STR
Utilities
RAVN Industrials
RLI
Financials
RPM
Materials
SHW
Materials
SIAL
Materials
SJW
Utilities
SON
Materials

5-year Total

25 or more Straight Years Higher Dividen

Past Performance is No Guarantee of Future Results

Dividend Growth Model


(based on Earnings Estimates, if available)

Special Formulas
(see Notes tab)

U.S. Dividend Champions

(and American Depository Receipts)

0.36
1.23
1.07
0.40
0.45
0.71
1.63
1.53
1.49
0.32
1.46
0.45
1.30
0.94
1.67
1.22
0.43
0.51
1.28
0.43
0.53
0.74
0.69
1.31
0.57
0.81
0.73
0.85

0.55

1.56
0.64
1.25
0.58
0.21
0.57
1.04
1.14

0.38

5-yr
Beta
1.63
0.79
1.15
1.44
Low
6.5
11.4
(1.4)
14.2
5.0
45.9
22.6
19.6
5.7
13.1
10.5
36.4
58.5
17.9
11.2
44.8
30.1
23.8
17.4
18.8
6.8
7.3
12.4
19.4
20.0
15.0
14.7
16.7
20.8
6.8
15.1
14.1
29.9
5.2
12.3
18.7
26.9
22.3
43.2
47.9
16.5
27.2

52-wk
High
(12.0)
(17.0)
(30.5)
(17.6)
(17.8)
(32.8)
(7.5)
(6.4)
(8.4)
(7.1)
(8.3)
(9.5)
(9.4)
(4.3)
(4.5)
(4.4)
(6.0)
(7.9)
(13.0)
(4.5)
(23.8)
(22.6)
(16.8)
(11.8)
(5.4)
(9.5)
(15.0)
(7.8)
(10.1)
(20.0)
(5.0)
(8.1)
(6.9)
(14.0)
(10.6)
(41.1)
(6.9)
(7.5)
(5.0)
(0.5)
(17.5)
(6.1)

52-wk
MMA
(1.8)
(4.1)
(6.8)
(3.4)
(4.8)
11.8
(4.1)
(3.9)
(1.5)
1.4
(3.4)
(5.7)
(6.6)
0.0
(0.4)
(0.1)
(3.8)
(2.2)
(4.0)
0.4
(8.4)
(7.5)
3.5
(4.7)
2.2
(0.6)
3.3
1.6
(1.2)
(2.7)
(1.2)
1.6
(3.1)
(3.8)
(0.7)
(3.1)
(1.7)
(2.1)
(2.7)
0.4
(6.8)
(1.9)

MMA
(4.2)
(3.4)
(10.3)
(2.7)
(5.2)
(2.6)
4.1
2.6
(3.0)
2.2
(0.8)
7.0
11.1
5.5
3.4
15.0
6.3
4.0
(1.5)
6.2
(10.9)
(9.4)
(4.2)
0.9
4.1
2.0
(1.6)
5.1
(0.3)
(4.6)
1.2
2.3
3.6
(5.3)
(0.2)
(16.3)
8.1
2.1
12.3
8.1
(2.1)
5.7

50-day 200-day

Current Price as % from:

MMA=Moving Market Average

Technical Data

Factor
(6.9)
(10.1)
(18.1)
(3.7)
4.8
n/a
(14.4)
(6.3)
(26.5)
(12.9)
(14.2)
(8.3)
(6.2)
(3.4)
(16.2)
(15.3)
(1.2)
(2.2)
(0.6)
(8.3)
(11.6)
(11.8)

Rule
11.5
10.3
7.1
14.5
25.5
6.6
9.3
8.8
3.9
11.7
5.4
6.5
6.3
14.0
5.2
15.1
20.4
22.8
15.1
7.9
7.0
9.9

Factor 2015 2016 2017 2018 2019


72.1 2.24 2.47 2.72 2.99 3.29
67.7 0.70 0.77 0.84 0.93 1.02
56.1 1.17 1.27 1.36 1.46 1.56
74.5 1.94 2.13 2.34 2.58 2.83
77.0 1.92 2.10 2.31 2.54 2.80
47.9 0.54 0.60 0.66 0.72 0.79
72.7 0.86 0.94 1.04 1.14 1.26
54.6 1.63 1.69 1.83 1.97 2.13
45.8 0.32 0.32 0.35 0.39 0.42
65.8 0.89 0.98 1.04 1.10 1.17
46.6 1.41 1.48 1.54 1.60 1.66
46.9 2.24 2.24 2.24 2.24 2.24
35.7 2.77 2.77 2.84 2.91 2.98
81.5 1.19 1.31 1.44 1.58 1.74
53.1 1.61 1.71 1.80 1.90 2.00
71.0 1.12 1.23 1.35 1.49 1.64
74.1 4.29 4.72 5.19 5.71 6.28
76.6 1.32 1.45 1.59 1.75 1.93
70.4 1.96 2.07 2.17 2.27 2.37
54.7 0.81 0.81 0.83 0.86 0.89
57.4 1.91 2.02 2.15 2.29 2.44
66.7 1.64 1.80 1.95 2.11 2.28

$
13.70
4.25
6.82
11.82
11.68
3.31
5.24
9.25
1.81
5.17
7.69
11.22
14.27
7.25
9.02
6.83
26.20
8.05
10.84
4.20
10.80
9.78

%
13.9
8.4
18.4
14.6
14.8
12.4
8.1
17.7
5.8
14.9
20.5
23.9
28.7
8.9
20.9
9.4
10.5
9.7
13.9
14.7
19.6
14.3

Est. Payback

Company
Tickerdard
Name
Symbol
Sector
Stanley Black & Decker
SWK
Industrials
Stepan Company
SCL
Materials
Sysco Corp.
SYY
Consumer Staples
T. Rowe Price Group
TROW Financials
Target Corp.
TGT
Consumer Discretionary
Telephone & Data Sys.
TDS
Telecommunications
Tennant Company
TNC
Industrials
Tompkins Financial Corp. TMP
Financials
Tootsie Roll Industries
TR
Consumer Staples
UGI Corp.
UGI
Utilities
United Bankshares Inc.
UBSI
Financials
Universal Corp.
UVV
Consumer Staples
Universal Health Realty Trust
UHT
Financials
Valspar Corp.
VAL
Materials
Vectren Corp.
VVC
Utilities
VF Corp.
VFC
Consumer Discretionary
W.W. Grainger Inc.
GWW Industrials
Walgreens Boots Alliance InWBA
Consumer Staples
Wal-Mart Stores Inc.
WMT Consumer Discretionary
Weyco Group Inc.
WEYS Consumer Discretionary
WGL Holdings Inc.
WGL
Utilities
Averages for
105
Tweed Chowder Confid. Estimated Dividends to be Paid in Year:

5-year Total

25 or more Straight Years Higher Dividen

Past Performance is No Guarantee of Future Results

Dividend Growth Model


(based on Earnings Estimates, if available)

Special Formulas
(see Notes tab)

U.S. Dividend Champions

(and American Depository Receipts)

5-yr
Beta
1.59
0.85
0.74
1.42
0.65
1.18
0.89
0.80
0.86
0.64
1.19
1.45
0.66
0.90
0.44
1.00
1.00
1.40
0.46
0.68
0.54
0.89
Low
26.3
40.8
7.2
17.3
46.1
21.7
4.5
21.9
23.6
16.1
38.4
25.8
25.2
14.6
26.2
22.6
11.9
45.7
9.2
18.5
50.5
20.4

52-wk
High
(2.3)
(11.3)
(10.0)
(5.5)
(6.1)
(3.9)
(16.6)
(8.1)
(11.2)
(11.8)
(4.1)
(14.2)
(13.7)
(10.5)
(12.0)
(6.6)
(6.6)
(11.2)
(13.7)
(7.7)
(6.1)
(10.0)

52-wk
MMA
1.8
22.1
(3.0)
0.3
(1.8)
3.2
(2.6)
(2.2)
(5.6)
3.3
0.5
0.8
(5.9)
(4.6)
(2.1)
(3.1)
4.6
(2.8)
(4.2)
(1.4)
0.6
(1.3)

MMA
6.8
18.1
(2.5)
3.1
13.5
7.2
(6.2)
6.0
5.7
(0.5)
9.5
5.1
4.8
(1.2)
0.5
4.3
2.8
15.5
(2.5)
3.8
12.9
2.3

50-day 200-day

Current Price as % from:

MMA=Moving Market Average

Technical Data

Industry
Industrial Equipment
Retail-Rental
Business Services
Insurance
Office Supplies
Utility-Gas
Chemical-Specialty
Chemical-Specialty
MLP-Coal
MLP-Coal
Utility-Electric/Gas
Insurance
MLP-Propane
Financial Services
Drugs
Financial Services
Technology-Hardware
Agriculture
Packaging
Utility-Water
Banking
Utility-Water
Insurance
Telecommunications
Medical Instruments
Banking
Utility-Electric/Gas
Insurance
Industrial Equipment
Banking
Banking
Banking
Banking
Banking
Retail-Electronic
Mining/Oil&Gas
Mining/Oil&Gas
Banking
Restaurants
Tobacco
Insurance
MLP-Oil&Gas Pipelines
Agriculture
N
N
N
N
N
Y
Y
N
N
N
N
N
Y
Y
Y
Y
Y
N
Y
-

126
264
341
119
298
234
249
147
352
245
270
301
315
312
343
346
236
230
135
110
141
171
290
174
258
212
237
229
120
139
339
180
196
289
240
257
256
342
334
335
140
154
221
22
12
10
22
11
13
13
21
10
13
12
11
11
11
10
10
13
13
21
23
21
18
11
17
12
14
13
13
22
21
10
17
15
12
13
12
12
10
10
10
21
20
13

N
N
N
N
N
Y
N
N
N
N
N
N
N
Y
Y
N
N
N
Y
-

SP

Seq DR

Yrs

Price
63.90
34.00
92.65
106.99
18.45
50.27
101.28
59.70
49.70
34.47
60.47
26.95
48.73
125.28
114.30
59.47
61.84
42.69
62.07
26.82
26.06
21.54
61.46
66.02
324.85
25.00
32.62
52.06
62.22
57.72
50.42
38.76
545.00
35.21
34.65
51.29
48.30
65.19
55.37
110.11
31.95
81.58
86.37

No. CCC DRIP Fees 4/30/15

Div.
Yield
1.19
0.27
2.20
2.43
1.95
4.06
2.37
1.94
7.55
7.69
3.64
0.74
7.55
2.14
1.01
1.68
2.59
1.31
1.80
2.46
3.84
4.05
1.76
1.76
0.92
3.52
4.05
2.23
1.22
2.36
1.75
1.39
2.24
2.84
2.66
4.84
5.13
2.58
2.02
4.40
1.38
5.58
1.57
B17
A02
MyNv
B13
A16
C01
C30
A01
B20
B15
B13
Dec
B18
B15
C01
A15
C10
A23
B21
C01
C15
B22
C10
A10
C30
C25
C13
A15
C15
A15
B07
A24
JaJl
C15
A14
MrSp
MrSp
C01
C25
MySe
B12
B24
C02

Sch

Qtly

FY Streak
SA,@ADR-UK

&
Semi-Ann. Div.
&
51 Extra-4/14
SA,Aus,@,US$
SA,UK,@,US$

To merge w/PRE

Adj/Stk Div

Div-Annual

&
&

SA,@,Ire,US$
Switz.,US$

Note

@=AnnualizedRate

&=MultiIncThisYr

Most Recent Dividend Increase Information


Quarterly Rate
MR%
Dividend Dates
Old
New
Inc.
Ex-Div
Record
Pay
0.1500 0.1900 26.67 2/4/15
2/6/15
2/17/15
0.0210 0.0230
9.52 11/26/14 12/1/14
1/2/15
0.9300 1.0200
9.68 10/15/14 10/17/14 11/17/14
0.6300 0.6500
3.17 7/21/14
7/23/14
8/13/14
0.0800 0.0900 12.50 9/29/14
10/1/14
10/16/14
0.4900 0.5100
4.08 2/11/15
2/13/15
3/1/15
0.5500 0.6000
9.09 6/11/15
6/15/15
6/30/15
0.2750 0.2900
5.45 3/12/15
3/16/15
4/1/15
0.9150 0.9375
2.46 5/11/15
5/13/15
5/20/15
0.6500 0.6625
1.92 5/6/15
5/8/15
5/15/15
0.5100 0.5500
7.84 1/28/15
1/30/15
2/13/15
0.1800 0.2000 11.11 11/26/14 12/1/14
12/15/14
0.8800 0.9200
4.55 5/7/15
5/11/15
5/18/15
0.5800 0.6700 15.52 4/30/15
5/4/15
5/15/15
0.2350 0.2900 23.40 11/13/14 11/17/14 12/1/14
0.2000 0.2500 25.00 12/30/14 1/2/15
1/15/15
0.3700 0.4000
8.11 2/25/15
2/27/15
3/10/15
0.1100 0.1400 27.27 12/30/14 1/2/15
1/23/15
0.2500 0.2800 12.00
4/28/14
4/30/14
5/21/14
0.1520 0.1650
8.55 8/13/14
8/15/14
9/1/14
0.2451 0.2500
2.00 12/1/14
12/3/14
12/15/14
0.2151 0.2183
1.49 5/7/15
5/11/15
5/22/15
0.2500 0.2700
8.00 5/22/14
5/27/14
6/10/14
0.2700 0.2900
7.41 9/26/14
9/30/14
10/10/14
0.6400 0.7500 17.19 9/11/14
9/15/14
9/30/14
0.2150 0.2200
2.33 3/6/15
3/10/15
3/25/15
0.3175 0.3300
3.94 2/18/15
2/20/15
3/13/15
0.2700 0.2900
7.41 12/29/14 12/31/14 1/15/15
0.1800 0.1900
5.56 8/27/14
8/29/14
9/15/14
0.3100 0.3400
9.68 9/26/14
9/30/14
10/15/14
0.2000 0.2200 10.00 10/29/14 10/31/14 11/7/14
0.1300 0.1350
3.85 4/15/15
4/17/15
4/24/15
5.8000 6.1000
5.17 12/29/14 12/31/14 1/15/15
0.2450 0.2500
2.04 5/13/15
5/15/15
6/15/15
0.1900 0.2300 21.05 3/20/15
3/24/15
4/14/15
1.1800 1.2400
5.08 9/3/14
9/5/14
9/23/14
1.1800 1.2400
5.08 9/3/14
9/5/14
9/23/14
0.4000 0.4200
5.00 11/12/14 11/14/14 12/1/14
0.2400 0.2800 16.67 9/3/14
9/5/14
9/25/14
2.1680 2.4200 11.63 8/20/14
8/22/14
10/3/14
0.1000 0.1100 10.00 10/29/14 10/31/14 11/12/14
1.1250 1.1375
1.11 2/12/15
2/17/15
2/24/15
0.3000 0.3400 13.33 8/15/14
8/19/14
9/2/14

Company
Ticker
Name
Symbol
A.O. Smith Corp.
AOS
Aaron's Inc.
AAN
Accenture plc
ACN
ACE Limited
ACE
Acme United Corp.
ACU
AGL Resources
GAS
Airgas Inc.
ARG
Albemarle Corp.
ALB
Alliance Holdings GP LP AHGP
Alliance Resource PartnersARLP
L
Alliant Energy Corp.
LNT
American Equity InvestmentAEL
AmeriGas Partners LP
APU
Ameriprise Financial Inc. AMP
AmerisourceBergen Corp. ABC
AmTrust Financial ServicesAFSI
I
Analog Devices Inc.
ADI
Andersons Inc. (The)
ANDE
AptarGroup Inc.
ATR
Aqua America Inc.
WTR
Arrow Financial Corp.
AROW
Artesian Resources
ARTNA
Assurant Inc.
AIZ
Atlantic Tele Network Inc. ATNI
Atrion Corp.
ATRI
Auburn National Bancorp AUBN
Avista Corp.
AVA
Axis Capital Holdings Ltd. AXS
Badger Meter Inc.
BMI
BancFirst Corp. OK
BANF
Bank of Marin Bancorp
BMRC
Bank of the Ozarks Inc.
OZRK
Bank of Utica
BKUT
Bar Harbor Bankshares
BHB
Best Buy Corp.
BBY
BHP Billiton Ltd.
BHP
BHP Billiton plc
BBL
BOK Financial Corp.
BOKF
Brinker International
EAT
British American Tobacco plc
BTI
Brown & Brown Inc.
BRO
Buckeye Partners LP
BPL
Bunge Limited
BG

10-24 Straight Years Higher Dividends

End-of-month update at: http://dripinvesting.org/Tools/Tools.htm


Dates in Green (centered) indicate increase (by Ex-Div. Date) expected in next 2 months
Dates in Red (right-aligned) indicate last increase more than a year ago (Ex-Div Date)

Contenders

(and American Depository Receipts)

Industry
Transportation
Banking
Railroad
Oil & Gas
Drugs
Retail-Grocery
Business Services
Industrial Equipment
Banking
Utility-Electric/Gas
Banking
Utility-Gas
Consumer Products
Banking
Banking
Mining
Oil & Gas
Retail-Wholesale
Restaurants
Conglomerate
Railroad
Banking
Retail-Drugstores
Electronics
Restaurants
Farm Equipment
Utility-Gas
REIT-Industrial
Utility-Electric/Gas
Insurance
Insurance
Utility-Elec/Gas
Banking
Cleaning Products
Utility-Electric
Oil & Gas
MLP-Natural Gas
Banking
MLP-Pipelines/Services
Oil & Gas
REIT-Residential
REIT-Apartment
Utility-Electric/Gas
N
Y
Y
N
N
N
N
N
Y
N
N
N
Y
Y
Y
Y
Y
N
N
N
N
N
N
Y
Y

176
178
165
204
162
191
225
138
172
349
117
292
160
185
122
276
203
286
252
327
316
134
269
323
319
293
328
306
279
243
244
331
192
112
267
159
351
143
170
193
309
148
179
17
17
18
14
18
15
13
21
17
10
22
11
19
16
22
12
14
12
12
10
11
22
12
10
10
11
10
11
12
13
13
10
15
23
12
19
10
21
18
15
11
21
17

N
N
Y
N
N
N
N
N
Y
N
N
N
N
Y
Y
N
N
N
N
N
N
N
N
N
N
N
N

SP

Seq DR

Yrs

Price
64.39
45.75
64.52
33.25
84.34
82.18
52.27
86.88
39.50
20.97
16.25
47.78
81.17
49.05
34.95
88.33
67.92
143.05
132.48
61.11
36.09
72.94
99.29
10.73
63.77
90.52
19.99
63.41
71.68
15.11
20.90
77.57
10.92
111.98
60.94
52.33
66.66
21.46
34.25
98.95
52.82
221.95
48.76

No. CCC DRIP Fees 4/30/15

Div.
Yield
2.36
3.93
1.40
2.41
1.62
0.97
1.61
3.22
3.49
4.72
2.77
2.26
1.65
3.26
3.43
2.99
4.30
1.12
3.02
2.16
2.00
2.91
1.41
3.73
3.45
2.65
4.00
5.36
3.61
3.57
2.25
4.10
2.75
1.18
2.74
2.42
2.94
2.33
4.38
0.68
2.84
2.60
3.42
C31
C30
C31
A01
A15
B15
C15
B20
C12
C10
C15
A07
C02
C26
A10
C13
C02
B15
B05
C09
C15
C15
B02
C13
B01
B01
C15
C31
C20
B15
B15
C16
C05
A15
A31
C01
B19
C02
B07
A31
A10
A15
C31

Sch

Qtly

(was Northeast Util)

&

@ADR-Canada
&

2014=Year 10

Adj/Stk Div

2014=Year 22

@ADR-Canada
@ADR-Canada

Note

@=AnnualizedRate

&=MultiIncThisYr

Most Recent Dividend Increase Information


Quarterly Rate
MR%
Dividend Dates
Old
New
Inc.
Ex-Div
Record
Pay
0.3500 0.3800
8.57 12/11/14 12/15/14 12/31/14
0.4200 0.4500
7.14 3/6/15
3/10/15
3/30/15
0.2076 0.2263
8.98 12/8/14
12/10/14 12/31/14
0.1175 0.2005 70.64 9/10/14
9/12/14
10/1/14
0.3025 0.3425 13.22 6/27/14
7/1/14
7/15/14
0.1800 0.2000 11.11 7/30/14
8/1/14
8/15/14
0.2000 0.2100
5.00 12/3/14
12/5/14
12/15/14
0.6000 0.7000 16.67 7/17/14
7/21/14
8/20/14
0.3400 0.3450
1.47 5/22/14
5/27/14
6/12/14
0.2375 0.2475
4.21 2/11/15
2/13/15
3/10/15
0.1000 0.1125 12.50
8/29/13
9/1/13
9/15/13
0.2567 0.2700
5.19 6/12/14
6/16/14
7/7/14
0.3100 0.3350
8.06 2/6/15
2/10/15
3/2/15
0.3812 0.4000
4.94 9/17/14
9/19/14
9/26/14
0.2800 0.3000
7.14 9/11/14
9/15/14
10/10/14
0.6000 0.6600 10.00 2/25/15
2/27/15
3/13/15
0.6900 0.7300
5.80 7/17/14
7/21/14
9/2/14
0.3550 0.4000 12.68 4/29/15
5/1/15
5/15/15
0.7500 1.0000 33.33 7/16/14
7/18/14
8/5/14
0.3000 0.3300 10.00 8/27/14
8/29/14
9/9/14
0.1600 0.1800 12.50 5/27/15
5/29/15
6/15/15
0.5100 0.5300
3.92 5/27/15
5/29/15
6/15/15
0.2750 0.3500 27.27 1/20/15
1/22/15
2/2/15
0.0900 0.1000 11.11 5/29/14
6/2/14
6/13/14
0.5000 0.5500 10.00
7/8/13
7/10/13
8/1/13
0.5100 0.6000 17.65 6/26/14
6/30/14
8/1/14
0.1900 0.2000
5.26 8/27/14
9/1/14
9/15/14
0.8300 0.8500
2.41 3/11/15
3/13/15
3/31/15
0.6000 0.6475
7.92 2/25/15
2/27/15
3/20/15
0.1315 0.1350
2.66 4/29/15
5/1/15
5/15/15
0.1160 0.1175
1.29 4/29/15
5/1/15
5/15/15
0.7800 0.7950
1.92 8/13/14
8/15/14
9/16/14
0.0725 0.0750
3.45 8/13/14
8/15/14
9/5/14
0.2750 0.3300 20.00 12/12/14 12/16/14 1/15/15
0.3550 0.4175 17.61 12/29/14 12/31/14 1/31/15
0.3090 0.3170
2.59 11/12/14 11/14/14 12/1/14
0.4500 0.4900
8.89 5/6/15
5/8/15
5/19/15
0.1200 0.1250
4.17 2/5/15
2/9/15
3/2/15
0.3700 0.3750
1.35 4/28/15
4/30/15
5/7/15
0.1250 0.1675 34.00 10/15/14 10/17/14 10/31/14
0.3250 0.3750 15.38 3/25/15
3/27/15
4/10/15
1.3000 1.4400 10.77 3/27/15
3/31/15
4/15/15
0.3925 0.4175
6.37 2/26/15
3/2/15
3/31/15

Company
Ticker
Name
Symbol
C.H. Robinson Worldwide CHRW
Cambridge Bancorp
CATC
Canadian National RailwayCNI
Canadian Natural Resources
CNQ
Cardinal Health Inc.
CAH
Casey's General Stores Inc.CASY
Cass Information Systems In
CASS
Caterpillar Inc.
CAT
CCFNB Bancorp Inc.
CCFN
CenterPoint Energy
CNP
Chesapeake Financial Share
CPKF
Chesapeake Utilities
CPK
Church & Dwight
CHD
Citizens Financial Services CZFS
Community Bank System CBU
Compass Minerals Internatio
CMP
ConocoPhillips
COP
Costco Wholesale
COST
Cracker Barrel Old CountryCBRL
Crane Company
CR
CSX Corp.
CSX
Cullen/Frost Bankers
CFR
CVS Health Corp.
CVS
Daktronics Inc.
DAKT
Darden Restaurants
DRI
Deere & Company
DE
Delta Natural Gas
DGAS
Digital Realty Trust
DLR
Dominion Resources
D
Donegal Group Inc. A
DGICA
Donegal Group Inc. B
DGICB
Duke Energy Corp.
DUK
Eagle Bancorp Montana Inc.
EBMT
Ecolab Inc.
ECL
Edison International
EIX
Enbridge Inc.
ENB
Energy Transfer Equity LP ETE
Enterprise Bancorp Inc.
EBTC
Enterprise Products Partners
EPD
EOG Resources Inc.
EOG
Equity LifeStyle Properties ELS
Essex Property Trust
ESS
Eversource Energy
ES

10-24 Straight Years Higher Dividends

End-of-month update at: http://dripinvesting.org/Tools/Tools.htm


Dates in Green (centered) indicate increase (by Ex-Div. Date) expected in next 2 months
Dates in Red (right-aligned) indicate last increase more than a year ago (Ex-Div Date)

Contenders

(and American Depository Receipts)

Industry
Transportation
Financial Services
Banking
Banking
Building Materials
Transportation
Banking
Banking
Banking
Food Processing
Industrial Equipment
Retail-Clothing
Aerospace/Defense
Food Processing
MLP-Oil&Gas Pipelines
Machinery
Insurance
Telecomm Equipment
Recreation
Chemical-Specialty
Insurance
Banking
REIT-Health Care
Business Services
MLP-Oil&Gas Pipelines
Banking
Oil & Gas
Insurance
Telecommunications
Technology-Hardware
Food Processing
Recreation
Utility-Electric
Food Processing
Food Processing
Business Services
Transportation
Publishing
Food Processing
Aerospace/Defense
Utility-Gas
Banking
Transportation
Y
N
N
N
N
N
N
Y
N
N
N
Y
Y
N
Y
Y
N
N
-

149
182
177
320
189
219
207
153
202
226
118
310
108
285
287
167
344
223
288
336
164
324
271
248
314
273
121
239
337
157
259
354
329
303
173
114
272
136
330
277
265
209
326
20
16
17
10
16
13
14
20
14
13
22
11
24
12
12
18
10
13
12
10
18
10
12
13
11
12
22
13
10
20
12
10
10
11
17
23
12
21
10
12
12
14
10

Y
N
N
N
N
N
N
Y
N
N
N
N
Y
Y
N
N
N
N
N
N
-

SP

Seq DR

Yrs

Price
45.83
157.39
500.00
25.99
42.62
169.57
25.00
25.02
32.85
22.34
36.16
39.64
137.32
55.34
49.71
71.62
68.57
80.24
70.79
39.45
56.96
56.84
72.02
30.27
32.95
66.00
44.13
74.15
15.45
171.29
114.75
36.36
36.00
104.33
115.92
66.51
87.20
56.88
63.33
114.91
51.93
25.90
62.31

No. CCC DRIP Fees 4/30/15

Div.
Yield
1.40
0.99
2.56
3.23
2.63
0.47
4.32
3.04
3.20
2.37
1.00
2.32
2.01
3.18
4.91
1.68
2.39
2.34
2.60
1.93
2.07
0.60
4.58
2.35
6.53
1.64
1.09
2.32
3.07
3.04
1.64
0.72
1.81
1.38
2.21
1.50
0.96
2.04
3.09
2.26
3.54
2.93
0.45

@=AnnualizedRate

&=MultiIncThisYr

Note
JnDe Semi-ann. Div
C17
JaJl SA@
A20 RecDStreak,'14=Yr10
B27
A03
C31
A16
Jun Annual Div.
C19
B29
A29
B08
B01
B15
B04
C26
C23
B15
ApOc Semi-ann. Div
A15
July India,Ann. Div.
B20
C26 &
B15 &
B27
A01 @Canada
C27
MyOc SA,ADR-UK,@
C10
A07
Jun Div-Annual
C15
A08
C02
C18 FY Streak
B26
A16 Also Class B
C15
C16
A05
C04 Adj/Stk Div
B29
Sch

Qtly

Most Recent Dividend Increase Information


Quarterly Rate
MR%
Dividend Dates
Old
New
Inc.
Ex-Div
Record
Pay
0.3000 0.3200
6.67 5/29/14
6/2/14
6/16/14
0.3500 0.3900 11.43 5/28/14
5/30/14
6/17/14
6.3000 6.4000
1.59 12/3/14
12/5/14
1/2/15
0.2000 0.2100
5.00 12/27/13 12/31/13
1/20/14
0.2500 0.2800 12.00 1/28/15
1/30/15
2/27/15
0.1500 0.2000 33.33 6/17/14
6/19/14
7/3/14
0.2600 0.2700
3.85 12/5/14
12/9/14
12/31/14
0.1867 0.1900
1.79 1/5/15
1/7/15
1/16/15
1.0000 1.0500
5.00 5/29/14
6/2/14
6/16/14
0.1200 0.1325 10.42 12/3/14
12/5/14
12/19/14
0.0775 0.0900 16.13 5/13/14
5/15/14
5/29/14
0.2200 0.2300
4.55 4/6/15
4/8/15
4/29/15
0.6200 0.6900 11.29 4/8/15
4/10/15
5/8/15
0.4100 0.4400
7.32 4/8/15
4/10/15
5/1/15
0.5800 0.6100
5.17 4/29/15
5/1/15
5/15/15
0.2750 0.3000
9.09 1/16/15
1/20/15
2/4/15
0.3700 0.4100 10.81 12/11/14 12/15/14 12/26/14
0.4200 0.4700 11.90 9/5/14
9/9/14
9/23/14
0.4300 0.4600
6.98 4/29/15
5/1/15
5/15/15
0.3600 0.3800
5.56 9/17/14
9/19/14
10/3/14
0.2250 0.2950 31.11 9/29/14
10/1/14
10/15/14
0.2763 0.3412 23.47 6/26/14
6/30/14
7/8/14
0.7950 0.8250
3.77 2/6/15
2/10/15
2/20/15
0.1763 0.1775
0.71 5/20/15
5/22/15
6/26/15
0.5300 0.5375
1.42 5/4/15
5/6/15
5/15/15
0.2600 0.2700
3.85 2/11/15
2/13/15
2/27/15
0.1170 0.1200
2.56 8/28/14
9/2/14
10/1/14
0.3600 0.4300 19.44 3/11/15
3/13/15
3/27/15
0.2262 0.2375
5.00 10/1/14
10/3/14
10/24/14
1.1000 1.3000 18.18 5/6/15
5/8/15
6/10/15
0.3900 0.4700 20.51 9/23/14
9/25/14
10/7/14
0.2400 0.2600
8.33 5/27/15
5/29/15
6/30/15
0.1425 0.1625 14.04 8/28/14
9/2/14
9/15/14
0.3200 0.3600 12.50 12/19/14 12/23/14 1/8/15
0.5800 0.6400 10.34 8/13/14
8/15/14
9/2/14
0.2200 0.2500 13.64 2/27/15
3/3/15
3/18/15
0.2000 0.2100
5.00 2/10/15
2/12/15
2/26/15
0.2500 0.2900 16.00 6/27/14
7/1/14
7/16/14
0.4600 0.4900
6.52 8/28/14
9/2/14
9/15/14
0.6000 0.6500
8.33 2/26/15
3/2/15
3/16/15
0.4400 0.4600
4.55 12/9/14
12/11/14 1/5/15
0.1810 0.1900
5.00 2/13/15
2/18/15
3/4/15
0.0600 0.0700 16.67 8/7/14
8/11/14
8/29/14

Company
Ticker
Name
Symbol
Expeditors International
EXPD
Factset Research System InFDS
Farmers & Merchants Banco
FMCB
Farmers and Merchants Ban
FMAO
Fastenal Company
FAST
FedEx Corp.
FDX
First Keystone Corp.
FKYS
First of Long Island Corp. FLIC
First Robinson Financial Corp
FRFC
Flowers Foods
FLO
Franklin Electric Co.
FELE
Gap Inc.
GPS
General Dynamics
GD
General Mills
GIS
Genesis Energy LP
GEL
Graco Inc.
GGG
Hanover Insurance Group (T
THG
Harris Corp.
HRS
Hasbro Inc.
HAS
Hawkins Inc.
HWKN
HCC Insurance Holdings HCC
HDFC Bank Limited
HDB
Health Care REIT Inc.
HCN
Healthcare Services Group HCSG
I
Holly Energy Partners LP HEP
Honat Bancorp Inc.
HONT
Imperial Oil Ltd.
IMO
Infinity Property & CasualtyIPCC
Inmarsat plc
IMASF
International Business MachIBM
International Flavors & Fragra
IFF
International Speedway Corp
ISCA
ITC Holdings Corp.
ITC
J&J Snack Foods Corp.
JJSF
J.M. Smucker Co.
SJM
Jack Henry & Associates JKHY
JB Hunt Transport ServicesJBHT
John Wiley & Sons Inc.
JW-A
Kellogg Company
K
L-3 Communications Holding
LLL
Laclede Group Inc.
LG
Landmark Bancorp Inc.
LARK
Landstar System Inc.
LSTR

10-24 Straight Years Higher Dividends

End-of-month update at: http://dripinvesting.org/Tools/Tools.htm


Dates in Green (centered) indicate increase (by Ex-Div. Date) expected in next 2 months
Dates in Red (right-aligned) indicate last increase more than a year ago (Ex-Div Date)

Contenders

(and American Depository Receipts)

Industry
Machinery
Farm Equipment
Technology-Hardware
Aerospace/Defense
Banking
MLP-Oil&Gas Pipelines
Insurance
Business Equipment
Technology-Hardware
Business Services
Utility-Gas
Publishing
Medical Instruments
Technology-Hardware
Technology-Software
Banking
Scientific Instruments
Automotive
Agriculture
Industrial Goods
Banking
Oil & Gas
Banking
REIT-Health Care
Healthcare Facilities
Insurance
Utility-Gas
Chemical-Specialty
Utility-Electric/Gas
Apparel
Railroad
Banking
Aerospace/Defense
Utility-Elec/Gas
Banking
Personal Products
Oil&Gas
Chemical-Specialty
REIT-Health Care
Oil&Gas Services
MLP-Oil&Gas Pipelines
Medical Equipment
Machinery
N
Y
N
Y
N
Y
Y
N
N
Y
N
N
N
N
N
N
N
N
N

152
253
113
263
205
200
231
151
222
115
106
129
262
210
224
232
250
322
206
261
197
163
195
242
295
305
158
345
145
228
211
150
291
307
181
198
266
254
241
233
347
168
340
20
12
23
12
14
15
13
20
13
23
24
22
12
14
13
13
12
10
14
12
15
18
15
13
11
11
19
10
21
13
14
20
11
11
17
15
12
12
13
13
10
18
10

N
Y
N
N
N
Y
N
Y
N
N
Y
N
N
N
N
N
N
N
N
N

SP

Seq DR

Yrs

Price
66.86
79.19
46.13
186.60
46.76
83.50
4.15
48.53
32.83
33.11
22.29
52.04
84.89
47.65
48.64
20.00
17.40
59.89
113.96
71.06
30.50
47.61
29.01
66.72
63.30
28.02
30.51
446.90
100.93
98.84
100.85
26.25
154.04
52.09
29.89
56.55
80.10
32.82
36.09
48.10
41.95
33.72
97.32

No. CCC DRIP Fees 4/30/15

Div.
Yield
1.73
1.36
2.60
3.22
3.25
3.44
5.06
1.07
3.41
3.02
3.28
3.52
0.75
3.00
2.55
2.20
2.53
0.87
1.72
2.25
3.28
2.94
4.00
5.10
2.15
1.86
2.95
1.25
3.05
1.13
2.34
3.05
1.82
3.69
4.15
2.48
3.60
2.44
5.99
5.03
7.53
3.00
1.25
A15
B29
B25
C26
A15
B15
Jan
C08
C04
A30
A01
C13
C15
C09
C11
B06
B17
C12
A31
B26
C13
C02
JnDe
B08
C02
C24
A01
A01
C16
A05
C10
B25
C18
C31
B01
C18
A15
B29
B07
B13
B13
C31
B10

Sch

Qtly

&

Adj/Spin-off

SA,@

2014=Year 12

FY Streak

Annual,FY Streak

&

Note

@=AnnualizedRate

&=MultiIncThisYr

Most Recent Dividend Increase Information


Quarterly Rate
MR%
Dividend Dates
Old
New
Inc.
Ex-Div
Record
Pay
0.2300 0.2900 26.09 12/29/14 12/31/14 1/15/15
0.2600 0.2700
3.85 8/13/14
8/15/14
8/29/14
0.2700 0.3000 11.11 2/11/15
2/13/15
2/25/15
1.3300 1.5000 12.78 11/26/14 12/1/14
12/26/14
0.3300 0.3800 15.15 9/26/14
9/30/14
10/15/14
0.6950 0.7175
3.24 4/30/15
5/4/15
5/15/15
0.1800 0.2100 16.67 12/10/14 12/12/14 1/30/15
0.1100 0.1300 18.18 11/20/14 11/24/14 12/8/14
0.2600 0.2800
7.69 8/19/14
8/21/14
9/4/14
0.2450 0.2500
2.04 4/14/15
4/16/15
4/30/15
0.1775 0.1825
2.82 12/9/14
12/11/14 1/1/15
0.4325 0.4575
5.78 2/25/15
2/27/15
3/13/15
0.1500 0.1600
6.67 11/25/14 11/28/14 12/15/14
0.3565 0.3570
0.14 2/19/15
2/23/15
3/9/15
0.2800 0.3100 10.71 11/18/14 11/20/14 12/11/14
0.0950 0.1100 15.79 1/22/15
1/26/15
2/6/15
0.1050 0.1100
4.76
5/1/13
5/3/13
5/17/13
0.1100 0.1300 18.18 5/29/14
6/2/14
6/12/14
0.4300 0.4900 13.95 10/8/14
10/10/14 10/31/14
0.3300 0.4000 21.21 11/14/14 11/18/14 11/26/14
0.2200 0.2500 13.64 2/25/15
2/27/15
3/13/15
0.3125 0.3500 12.00 8/14/14
8/18/14
9/2/14
0.5600 0.5800
3.57 11/20/14 11/24/14 12/5/14
0.7700 0.8500 10.39 3/27/15
3/31/15
5/8/15
0.3200 0.3400
6.25 6/26/14
6/30/14
9/2/14
0.1200 0.1300
8.33 3/6/15
3/10/15
3/24/15
0.2100 0.2250
7.14 9/18/14
9/22/14
10/1/14
1.1000 1.4000 27.27 12/11/14 12/15/14 1/1/15
0.7250 0.7700
6.21 2/25/15
2/27/15
3/16/15
0.2400 0.2800 16.67 12/11/14 12/15/14 1/5/15
0.5700 0.5900
3.51 2/4/15
2/6/15
3/10/15
0.1950 0.2000
2.56 11/7/14
11/11/14 11/25/14
0.6100 0.7000 14.75 5/28/14
6/2/14
6/18/14
0.4000 0.4800 20.00 3/11/15
3/13/15
3/31/15
0.3000 0.3100
3.33 4/13/15
4/15/15
5/1/15
0.3450 0.3500
1.45 2/25/15
2/27/15
3/18/15
0.6949 0.7200
3.61 12/8/14
12/10/14 1/15/15
0.1900 0.2000
5.26 8/13/14
8/15/14
8/29/14
0.5300 0.5400
1.89 3/27/15
3/31/15
5/7/15
0.5900 0.6050
2.54 1/28/15
1/30/15
2/13/15
0.7750 0.7900
1.94 1/28/15
1/30/15
2/13/15
0.2500 0.2525
1.00 3/12/15
3/16/15
3/31/15
0.2750 0.3050 10.91 10/16/14 10/20/14 11/10/14

Company
Ticker
Name
Symbol
Lincoln Electric Holdings LECO
Lindsay Corp.
LNN
Linear Technology Corp. LLTC
Lockheed Martin
LMT
Lyons Bancorp Inc.
LYBC
Magellan Midstream Partners
MMP
Marketing Alliance Inc.
MAAL
Matthews International
MATW
Maxim Integrated Products MXIM
McGrath Rentcorp
MGRC
MDU Resources
MDU
Meredith Corp.
MDP
Mesa Laboratories Inc.
MLAB
Microchip Technology Inc. MCHP
Microsoft Corp.
MSFT
Minden Bancorp Inc.
MDNB
MOCON Inc.
MOCO
Monro Muffler Brake Inc. MNRO
Monsanto Company
MON
MSC Industrial Direct Co. Inc.
MSM
Muncy Bank Financial Inc. MYBF
Murphy Oil Corp.
MUR
National Bankshares
NKSH
National Health Investors NHI
National Healthcare Corp. NHC
National Interstate Corp. NATL
New Jersey Resources
NJR
NewMarket Corp.
NEU
NextEra Energy
NEE
Nike Inc.
NKE
Norfolk Southern
NSC
Northeast Indiana Bancorp NIDB
Northrop Grumman
NOC
NorthWestern Corp.
NWE
Norwood Financial
NWFL
Nu Skin Enterprises Inc. NUS
Occidental Petroleum
OXY
Oil-Dri Corp. of America ODC
Omega Healthcare Investors
OHI
ONEOK Inc.
OKE
ONEOK Partners LP
OKS
Owens & Minor Inc.
OMI
Pall Corp.
PLL

10-24 Straight Years Higher Dividends

End-of-month update at: http://dripinvesting.org/Tools/Tools.htm


Dates in Green (centered) indicate increase (by Ex-Div. Date) expected in next 2 months
Dates in Red (right-aligned) indicate last increase more than a year ago (Ex-Div Date)

Contenders

(and American Depository Receipts)

Oil&Gas
Insurance
Banking
Drugs
MLP-Oil&Gas Pipelines
Recreation
Utility-Electric
Chemical-Specialty
Banking
Banking
Telecomm Equipment
Aerospace/Defense
REIT-Retail Stores
Electronics
Insurance
Banking
Waste Management
Tobacco
Utility-Gas
Business Services
Business Services
Business Services
Industrial Equipment
Retail-Apparel
Mining
Transportation
Utility-Electric/Gas
Financial Services
Utility-Gas
Drugs
Packaging
Utility-Gas
Utility-Electric
Banking
Medical Equipment
Insurance
Medical Equipment
MLP-Cemetaries
Medical Devices
MLP-Oil&Gas Pipelines
Agriculture
REIT-Outlet Stores
MLP-Oil&Gas Pipelines

Industry
10
22
23
13
14
20
13
22
16
21
13
11
22
11
20
16
12
10
12
12
12
13
22
21
14
10
15
24
12
11
12
16
15
21
16
16
10
11
22
14
14
22
15

Yrs

348
127
116
238
213
155
216
131
188
137
247
311
132
318
156
183
260
321
268
255
275
235
124
146
208
332
199
107
283
297
282
187
201
144
184
186
333
313
125
214
215
133
190

N
N
N
N
N
N
N
Y
N
Y
N
N
Y
N
N
N
N
N
N
-

Seq DR

Y
N
N
N
N
Y
N
Y
Y
Y
N
Y
N
N
N
N
N
-

SP

Price
260.00
128.00
15.11
183.28
50.11
136.96
34.03
121.93
53.34
43.00
68.00
104.00
46.97
78.20
102.49
23.78
40.63
73.30
20.90
25.29
55.45
24.80
168.17
98.88
64.53
95.36
52.98
45.66
106.17
243.51
53.87
52.75
44.30
27.32
19.55
72.08
66.50
30.60
92.24
44.36
67.04
33.58
68.08

No. CCC DRIP Fees 4/30/15

Div.
Yield
2.77
2.19
4.43
0.27
5.47
1.55
4.38
2.35
2.04
1.86
2.82
2.58
4.84
1.18
1.17
3.15
2.76
3.66
3.68
2.21
1.44
1.29
0.59
0.95
1.36
1.55
4.11
1.05
2.64
0.26
1.19
3.81
4.90
3.37
3.07
1.80
1.38
8.37
1.50
3.78
3.48
3.39
4.94
C06
B27
B15
C17
B15
C16
A01
C16
A02
JaJl
C24
A30
Mo
A17
C31
A18
A15
A01
B01
C12
C13
C10
A23
C31
A16
C19
A01
JaJu
A15
ApOc
C30
C30
C06
C12
C04
Dec
C23
B15
A30
B15
Jun
B15
B14

Sch

Qtly

&
Ann,ADR-Switz.

&

Annual Div.

2/1 Split-5/8

SA,UK,@

Semi-ann. Div

2/1 Split-6/11

Canada,US$

RecDate Streak

ADR-Berm,US$

Monthly Div,&

Semi-ann. Div

Spin-off-2Q15

&

Ire,US$,Bg Acqd?

To merge w/AXS

Note

@=AnnualizedRate

&=MultiIncThisYr

Most Recent Dividend Increase Information


Quarterly Rate
MR%
Dividend Dates
Old
New
Inc.
Ex-Div
Record
Pay
1.7500 1.8000
2.86 2/25/15
2/27/15
3/6/15
0.6700 0.7000
4.48 2/11/15
2/13/15
2/27/15
0.1650 0.1675
1.52 4/29/15
5/1/15
5/15/15
0.1050 0.1250 19.05 2/25/15
2/27/15
3/17/15
0.6750 0.6850
1.48 4/29/15
5/1/15
5/15/15
0.4800 0.5300 10.42 2/26/15
3/2/15
3/16/15
0.3675 0.3725
1.36
3/6/14
3/10/14
4/1/14
0.6500 0.7150 10.00 3/4/15
3/6/15
3/16/15
0.2400 0.2725 13.54 12/11/14 12/15/14 1/2/15
0.3900 0.4000
2.56 7/11/14
7/15/14
7/31/14
0.4200 0.4800 14.29 6/1/15
6/3/15
6/24/15
0.6050 0.6700 10.74 3/30/15
4/1/15
4/30/15
0.1890 0.1895
0.26 3/30/15
4/1/15
4/15/15
0.2200 0.2300
4.55 6/30/15
7/2/15
7/17/15
0.2900 0.3000
3.45 3/11/15
3/13/15
3/31/15
0.1760 0.1870
6.25 6/18/14
6/20/14
7/18/14
0.2600 0.2800
7.69 9/29/14
10/1/14
10/15/14
0.6300 0.6700
6.35
3/6/14
3/10/14
4/1/14
0.1850 0.1925
4.05 1/13/15
1/15/15
2/1/15
0.1300 0.1400
7.69 8/20/14
8/22/14
9/12/14
0.1800 0.2000 11.11 2/23/15
2/25/15
3/13/15
0.0700 0.0800 14.29 2/6/15
2/10/15
3/10/15
0.2000 0.2500 25.00 1/7/15
1/9/15
1/23/15
0.2000 0.2350 17.50 3/5/15
3/9/15
3/31/15
0.2100 0.2200
4.76 12/30/14 1/2/15
1/16/15
0.3400 0.3700
8.82 8/14/14
8/18/14
9/19/14
0.5250 0.5450
3.81 3/6/15
3/10/15
4/1/15
0.2200 0.2400
9.09 12/18/14 12/22/14 1/6/15
0.6600 0.7000
6.06 3/25/15
3/27/15
4/15/15
0.2640 0.3114 17.95 9/3/14
9/5/14
10/3/14
0.1500 0.1600
6.67 3/12/15
3/16/15
3/30/15
0.4725 0.5025
6.35 12/18/14 12/22/14 12/30/14
0.5250 0.5425
3.33 5/14/15
5/18/15
6/6/15
0.2200 0.2300
4.55 2/24/15
2/26/15
3/12/15
0.1400 0.1500
7.14 8/12/14
8/14/14
9/4/14
1.1000 1.3000 18.18 11/20/14 11/24/14 12/8/14
0.2100 0.2300
9.52 8/22/14
8/26/14
9/23/14
0.6300 0.6400
1.59 5/1/15
5/5/15
5/15/15
0.3050 0.3450 13.11 12/29/14 12/31/14 1/30/15
0.4000 0.4190
4.75 5/7/15
5/11/15
5/15/15
2.2676 2.3347
2.96 4/30/15
5/4/15
6/22/15
0.2400 0.2850 18.75 4/28/15
4/30/15
5/15/15
0.8100 0.8400
3.70 8/1/14
8/5/14
8/14/14

Company
Ticker
Name
Symbol
Pardee Resource CompanyPDER
PartnerRe Limited
PRE
People's United Financial PBCT
Perrigo Company plc
PRGO
Plains All American PipelinePAA
Polaris Industries
PII
PPL Corp.
PPL
Praxair Inc.
PX
Prosperity Bancshares
PB
PSB Holdings Inc.
PSBQ
Qualcomm Inc.
QCOM
Raytheon Company
RTN
Realty Income Corp.
O
Regal Beloit Corp.
RBC
RenaissanceRe Holdings RNR
Republic Bancorp KY
RBCAA
Republic Services Inc.
RSG
Reynolds American Inc.
RAI
RGC Resources Inc.
RGCO
Ritchie Brothers Auctioneers
RBA
Robert Half International Inc.
RHI
Rollins Inc.
ROL
Roper Industries Inc.
ROP
Ross Stores Inc.
ROST
Royal Gold Inc.
RGLD
Ryder System
R
SCANA Corp.
SCG
SEI Investments Company SEIC
Sempra Energy
SRE
Shire plc
SHPG
Silgan Holdings Inc.
SLGN
South Jersey Industries
SJI
Southern Company
SO
Southside Bancshares
SBSI
Span-America Medical Syste
SPAN
StanCorp Financial Group SFG
Steris Corp.
STE
StoneMor Partners LP
STON
Stryker Corp.
SYK
Sunoco Logistics Partners LP
SXL
Syngenta AG
SYT
Tanger Factory Outlet Cente
SKT
TC Pipelines LP
TCP

10-24 Straight Years Higher Dividends

End-of-month update at: http://dripinvesting.org/Tools/Tools.htm


Dates in Green (centered) indicate increase (by Ex-Div. Date) expected in next 2 months
Dates in Red (right-aligned) indicate last increase more than a year ago (Ex-Div Date)

Contenders

(and American Depository Receipts)

Averages for

354 Champions/Contenders

Industry
MLP-LNG Transport.
Drugs
Technology-Hardware
Real Estate Develop.
Banking
Media
Retail-Jewelry
Retail-Apparel
Insurance
MLP-Oil&Gas Pipelines
Insurance
Banking
Conglomerate
REIT-Shopping Centers
Medical Devices
Industrial Goods
Tobacco
Telecommunications
Business Services
REIT-Prop. Mgmt.
Insurance
Waste Management
Medical Instruments
Banking
Utility-Electric
Chemical-Specialty
Financial Services
Oil&Gas
Retail-Home Products
Utility-Elec/Gas
Utility-Elec/Gas
Technology-Hardware
Utility-Water
Restaurants
Contenders
22.4

Y
Y
Y
Y
Y
N
Y
N
N
N
Y
N
Y
N
Y
N
Y
N
Y

304
194
300
278
218
130
251
161
350
325
317
111
128
142
302
220
175
338
294
169
217
280
123
109
308
296
227
281
353
274
284
246
166
299

11
15
11
12
13
22
12
19
10
10
11
23
22
21
11
13
17
10
11
18
13
12
22
23
11
11
13
12
10
12
12
13
18
11
14.7

Y
N
N
Y
Y
N
Y
N
N
Y
N
N
N
N
N
Y
N
N
N
Y

SP

Seq DR

Yrs

69.21

Price
39.42
60.42
54.21
150.76
27.50
41.06
87.48
64.54
56.11
37.71
101.11
49.79
113.75
20.75
53.91
126.02
22.15
50.44
71.14
63.48
48.99
49.53
53.28
43.55
37.65
77.98
58.59
51.19
73.53
49.12
33.91
43.36
25.16
85.96
69.61

No. CCC DRIP Fees 4/30/15

2.69 0.4197 0.4530

Div.
Yield
7.10
2.24
2.51
0.19
1.45
3.26
1.74
1.30
0.96
7.05
2.41
1.89
2.25
4.92
1.89
1.19
7.22
4.36
0.56
6.00
0.90
3.11
0.83
3.49
3.82
0.85
3.41
4.53
1.90
3.44
3.77
2.86
2.38
1.91
2.73
7.94

B13
C02
B17
Mar
Jul
C16
A10
C04
B01
B07
C30
A02
C10
A16
C30
A15
C27
B03
B06
A15
A01
C20
B05
B15
A01
C19
A02
C30
B28
C01
A20
C03
A15
B07

Sch

Qtly

RecDateStreak

2014=Year 23

&

Adj/Stk Div

AlsoUBPat90%

Annual Div.
Annual Div.
Canada,US$

Note
ADR-Berm,US$
@ADR-Israel

@=AnnualizedRate

&=MultiIncThisYr

Most Recent Dividend Increase Information


Quarterly Rate
MR%
Dividend Dates
Old
New
Inc.
Ex-Div
Record
Pay
0.6918 0.7000
1.19 1/13/15
1/15/15
2/13/15
0.3195 0.3387
6.00 11/13/14 11/17/14 12/2/14
0.3000 0.3400 13.33 10/29/14 10/31/14 11/17/14
0.2700 0.2900
7.41 3/5/15
3/9/15
3/16/15
0.3750 0.4000
6.67 6/11/14
6/13/14
7/2/14
0.3300 0.3350
1.52 2/19/15
2/23/15
3/16/15
0.3400 0.3800 11.76 6/18/14
6/20/14
7/10/14
0.1750 0.2100 20.00 5/12/15
5/14/15
6/4/15
0.1267 0.1350
6.58 3/31/15
4/2/15
5/1/15
0.6600 0.6650
0.76 7/29/14
7/31/14
8/7/14
0.5500 0.6100 10.91 6/8/15
6/10/15
6/30/15
0.2250 0.2350
4.44 12/8/14
12/10/14 1/2/15
0.5900 0.6400
8.47 2/11/15
2/13/15
3/10/15
0.2525 0.2550
0.99 12/31/14 1/5/15
1/16/15
0.2500 0.2550
2.00 12/12/14 12/16/14 12/30/14
0.2500 0.3750 50.00 6/25/14
6/27/14
7/15/14
0.3810 0.4000
5.00 12/10/14 12/12/14 12/30/14
0.5300 0.5500
3.77 10/8/14
10/10/14 11/3/14
0.0900 0.1000 11.11 7/21/14
7/23/14
8/6/14
0.9500 0.9525
0.26 3/27/15
3/31/15
4/15/15
0.1000 0.1100 10.00 6/6/14
6/10/14
7/1/14
0.3750 0.3850
2.67 3/5/15
3/9/15
3/20/15
0.1000 0.1100
0.67 10/20/14 10/22/14 11/5/14
0.3700 0.3800
2.70 10/31/13
11/4/13 11/15/13
0.3500 0.3600
2.86 3/5/15
3/9/15
4/1/15
0.1260 0.1650 30.95 9/3/14
9/5/14
9/19/14
0.4400 0.5000 13.64 12/11/14 12/15/14 1/2/15
0.5700 0.5800
1.75 3/11/15
3/13/15
3/30/15
0.3300 0.3500
6.06 4/22/15
4/24/15
5/28/15
0.3900 0.4225
8.33 2/11/15
2/13/15
3/1/15
0.3000 0.3200
6.67 3/13/15
3/17/15
4/20/15
0.2900 0.3100
6.90 5/11/15
5/13/15
6/3/15
0.1431 0.1495
4.47 12/29/14 12/31/14 1/15/15
0.3700 0.4100 10.81 10/15/14 10/17/14 11/7/14
0.4363 0.4711
7.96

Company
Ticker
Name
Symbol
Teekay LNG Partners LP TGP
Teva Pharmaceutical Industri
TEVA
Texas Instruments
TXN
Texas Pacific Land Trust TPL
Thomasville Bancshares Inc.
THVB
Thomson Reuters Corp. TRI
Tiffany & Company
TIF
TJX Companies Inc.
TJX
Torchmark Corp.
TMK
Transmontaigne Partners LP
TLP
Travelers Companies
TRV
UMB Financial Corp.
UMBF
United Technologies
UTX
Urstadt Biddle Properties UBA
Utah Medical Products Inc. UTMD
Valmont Industries
VMI
Vector Group Ltd.
VGR
Verizon Communications VZ
VSE Corp.
VSEC
W.P. Carey Inc.
WPC
W.R. Berkley Corp.
WRB
Waste Management
WM
West Pharmaceutical Service
WST
Westamerica Bancorp
WABC
Westar Energy
WR
Westlake Chemical Corp. WLK
Westwood Holdings Group WHG
In
Williams Companies
WMB
Williams-Sonoma Inc.
WSM
Wisconsin Energy
WEC
Xcel Energy
XEL
Xilinx Inc.
XLNX
York Water Company
YORW
Yum! Brands Inc.
YUM
Averages for
249

10-24 Straight Years Higher Dividends

End-of-month update at: http://dripinvesting.org/Tools/Tools.htm


Dates in Green (centered) indicate increase (by Ex-Div. Date) expected in next 2 months
Dates in Red (right-aligned) indicate last increase more than a year ago (Ex-Div Date)

Contenders

(and American Depository Receipts)

Contenders

Fundamental Data
Abbreviations:

Numbers in Blue directly from FinViz.com

(Brown=Yahoo Finance)

EPS=Earnings Per Share; P/E=Price/Earnings Per Share; TTM=Trailing Twelve Months; MRQ=Most Recent Quarter,
PEG=P/E divided by 5-yr future growth rate; FCF=Free Cash Flow, ROE=Return On Equity, TY=This Year; NY=Next Year

Company
Ticker
Annual EPS% +/-% vs. TTM
FYE TTM
Name
Symbol Dividend Payout Graham P/E Month EPS
A.O. Smith Corp.
AOS
0.76
33.19 126.6
27.90 12
2.29
Aaron's Inc.
AAN
0.09
7.54
54.6
27.87 12
1.22
Accenture plc
ACN
2.04
44.64 195.8
20.27 8
4.57
ACE Limited
ACE
2.60
30.92 (17.6) 12.72 12
8.41
Acme United Corp.
ACU
0.36
26.28
(4.0) 13.47 12
1.37
AGL Resources
GAS
2.04
43.31 (13.4) 10.67 12
4.71
Airgas Inc.
ARG
2.40
49.18
83.0
20.75 3
4.88
Albemarle Corp.
ALB
1.16
45.14
88.7
23.23 12
2.57
Alliance Holdings GP LP AHGP
3.75
78.95
56.5
10.46 12
4.75
Alliance Resource PartnersARLP
L
2.65
55.56 (10.0)
7.23 12
4.77
Alliant Energy Corp.
LNT
2.20
63.22
22.7
17.38 12
3.48
American Equity InvestmentAEL
0.20
12.74 (14.9) 17.17 12
1.57
AmeriGas Partners LP
APU
3.68 309.24 165.0
40.95 12
1.19
Ameriprise Financial Inc. AMP
2.68
31.98
37.6
14.95 12
8.38
AmerisourceBergen Corp. ABC
1.16 1450.00 2900.7 1428.75 9
0.08
AmTrust Financial ServicesAFSI
I
1.00
18.38
12.2
10.93 12
5.44
Analog Devices Inc.
ADI
1.60
77.29 130.7
29.87 10
2.07
Andersons Inc. (The)
ANDE
0.56
14.58 (13.1) 11.12 12
3.84
AptarGroup Inc.
ATR
1.12
39.30
87.2
21.78 12
2.85
Aqua America Inc.
WTR
0.66
55.00
68.6
22.35 12
1.20
Arrow Financial Corp.
AROW
1.00
52.91
(0.7) 13.79 12
1.89
Artesian Resources
ARTNA
0.87
82.38
17.6
20.32 12
1.06
Assurant Inc.
AIZ
1.08
16.82 (40.2)
9.57 12
6.42
Atlantic Tele Network Inc. ATNI
1.16
39.46
24.4
22.46 12
2.94
Atrion Corp.
ATRI
3.00
21.23 107.4
22.99 12
14.13
Auburn National Bancorp AUBN
0.88
43.14 (19.2) 12.25 12
2.04
Avista Corp.
AVA
1.32
67.69
0.9
16.73 12
1.95
Axis Capital Holdings Ltd. AXS
1.16
15.70 (43.8)
7.04 12
7.39
Badger Meter Inc.
BMI
0.76
37.62 137.8
30.80 12
2.02
BancFirst Corp. OK
BANF
1.36
32.85
(4.6) 13.94 12
4.14
Bank of Marin Bancorp
BMRC
0.88
26.91
0.0
15.42 12
3.27
Bank of the Ozarks Inc.
OZRK
0.54
33.75
96.9
24.23 12
1.60
Bank of Utica
BKUT
12.20
n/a
n/a
n/a 12
n/a
Bar Harbor Bankshares
BHB
1.00
40.82
(4.4) 14.37 12
2.45
Best Buy Corp.
BBY
0.92
26.21
3.5
9.87 2
3.51
BHP Billiton Ltd.
BHP
2.48
66.31
2.1
13.71 6
3.74
BHP Billiton plc
BBL
2.48
66.31
(3.9) 12.91 6
3.74
BOK Financial Corp.
BOKF
1.68
39.81
(3.7) 15.45 12
4.22
Brinker International
EAT
1.12
43.41
n/a 21.46
6
2.58
British American Tobacco plc
BTI
4.84
95.65 246.4
21.76 12
5.06
Brown & Brown Inc.
BRO
0.44
30.14
43.6
21.88 12
1.46
Buckeye Partners LP
BPL
4.55 163.08
90.8
29.24 12
2.79
Bunge Limited
BG
1.36
48.92
49.6
31.07 12
2.78

PEG TTM MRQ


Ratio P/Sales P/Book
1.21
2.42
4.14
1.59
0.83
1.93
2.03
1.87
9.71
1.93
1.82
1.20
n/a
0.55
1.54
2.29
1.12
1.58
2.11
1.44
3.63
2.58
2.74
3.45
0.75
1.29
5.27
n/a
1.11
2.52
3.22
2.01
1.95
1.72
0.95
0.95
16.06
1.27
3.86
0.97
1.85
2.85
131.08
0.20 14.18
0.73
1.20
2.59
2.69
6.41
4.01
0.99
0.27
1.53
2.57
1.49
3.62
4.97
6.09
2.86
2.00
4.87
1.61
5.08
2.65
1.53
1.26
0.41
0.84
7.49
3.13
1.55
n/a
4.29
4.21
n/a
3.40
1.20
3.35
1.38
1.37
n/a
1.20
1.01
2.05
2.47
4.13
1.16
4.61
1.47
1.40
4.21
1.46
3.03 10.36
3.60
n/a
n/a
n/a
n/a
3.91
1.43
0.77
0.30
2.44
2.45
2.07
1.71
2.31
2.08
1.61
1.54
6.14
1.35
1.57
1.17
n/a
3.51
4.82 12.41
2.25
2.78
2.12
5.52
1.57
2.80
2.09
0.22
1.62
12.10
8.10
5.30

908.00
114.30

TTM
ROE
15.20
7.30
53.30
9.60
13.30
20.20
18.80
12.80
52.30
45.10
11.30
6.60
15.80
19.50
1.80
32.80
16.60
17.20
13.80
15.40
11.90
7.70
9.00
7.30
23.10
10.40
13.40
17.40
13.70
11.10
10.00
19.30
n/a
10.60
39.80
32.50
32.50
11.30

TY% NY% Past 5yr Est 5-yr N MktCap Inside Debt/ Past 5yr
Growth Growth Growth Growth A ($Mil) Own. Equity DEG
24.6
17.2
25.2
23.0 11
5,711
1.0 0.16 0.735
(31.6)
18.5
(4.8)
17.5 12
2,466
0.8 0.41
n/a
(8.3)
8.7
13.1
10.0 28
61,328
0.2 0.00 1.608
(22.9)
2.9
2.4
6.6 25
34,995
0.7 0.21 7.232
11.5
0.0
9.9
n/a 1
61 11.8 0.70 1.064
92.2
3.4
10.3
4.7 0
6,022
0.3 1.32 0.257
7.6
8.5
8.4
9.8 16
7,608
9.1 1.19 2.968
(47.2)
16.1
5.7
9.0 17
6,697
0.3 2.16 2.864
21.5
9.5
20.0
14.0 4
2,975
7.5 1.48 0.766
31.4
5.4
21.8
(3.6) 9
2,557
1.5 0.83 0.499
5.8
5.5
28.3
5.4 11
6,722
0.1 1.14 0.224
(53.3)
10.2
6.0
10.0 6
2,080
2.9 0.31 3.352
31.8
66.7
(4.7)
2.6 7
4,527
0.1 2.17
n/a
28.6
14.4
23.0
15.5 13
22,840
0.3 2.19 1.180
(42.4)
13.7
(6.5)
10.9 16
25,101
0.3 1.13
n/a
53.1
9.3
28.4
15.0 8
4,891
2.8 0.53 1.141
(7.5)
10.9
18.4
11.1 30
19,271
0.2 0.18 0.712
81.1
17.4
22.5
11.2 7
1,229
3.9 0.47 0.608
13.1
12.3
9.7
8.5 13
3,879
2.1 0.76 1.307
4.3
5.3
15.3
4.5 12
4,748
0.3 0.99 0.495
6.3
3.7
0.9
6.9 2
329
3.2 0.10 3.506
12.8
0.4
1.8
4.0 4
192
0.2 0.99 1.807
2.2
10.1
12.0
7.6 12
4,212
1.3 0.23 1.036
60.7
4.0
4.9
3.0 4
1,052 32.1 0.06 1.684
6.8
0.0
11.0
n/a 0
604 20.7 0.00 1.460
4.6
0.0
25.3
n/a 0
91
1.8 0.16 0.099
12.2
2.1
4.1
5.0 7
2,034
0.8 1.12 2.296
22.9
4.5
18.9
(2.3) 15
5,250
1.1 0.19 0.327
21.2
16.9
2.8
15.0 5
901
3.6 0.35
3.563
15.8
5.4
14.1
12.0 3
896
0.3 0.04 0.523
28.0
3.1
8.5
11.0 5
301
1.0 0.03 0.825
20.6
14.9
23.0
8.0 9
3,363
2.3 0.28 1.274
n/a
n/a
n/a
n/a 0
n/a
n/a
n/a
n/a
10.4
7.4
3.3
n/a 1
210
3.4 0.03 1.653
76.0
15.7
1.4
12.8 29
12,203
0.9 0.32 3.260
23.3
(44.7)
19.7
5.6 4 130,422
0.0 0.39 0.411
23.3
(34.6)
19.7
5.6 3 131,281
0.0 0.39 0.411
(8.1)
8.7
7.4
10.0 11
4,496 68.0 0.11 1.538
2.7
16.0
26.4
13.7 21
3,495
0.8
n/a
0.711
(18.5)
0.0
4.1
6.2 2 102,235
0.0 2.22 2.869
(4.7)
10.2
5.5
9.7 15
4,499
2.7 0.57 1.140
(14.2)
18.0
2.2
5.3 13
10,384
0.3 0.96 1.850
227.8
10.3
5.9
14.9 13
12,403
0.5 0.67 1.671

10-24 Straight Years Higher Dividends Disclaimer: Although all figures are thought to be correct, no guarantee is expressed or implied.

(and American Depository Receipts)

Contenders

Fundamental Data
Abbreviations:

Numbers in Blue directly from FinViz.com

(Brown=Yahoo Finance)

EPS=Earnings Per Share; P/E=Price/Earnings Per Share; TTM=Trailing Twelve Months; MRQ=Most Recent Quarter,
PEG=P/E divided by 5-yr future growth rate; FCF=Free Cash Flow, ROE=Return On Equity, TY=This Year; NY=Next Year

Company
Ticker
Annual EPS% +/-% vs. TTM
FYE TTM
Name
Symbol Dividend Payout Graham P/E Month EPS
C.H. Robinson Worldwide CHRW
1.52
49.84 190.1
21.11 12
3.05
Cambridge Bancorp
CATC
1.80
47.62
n/a 12.10 12
3.78
Canadian National RailwayCNI
0.91
28.64 107.8
20.42 12
3.16
Canadian Natural Resources
CNQ
0.80
27.28 (10.9) 11.31 12
2.94
Cardinal Health Inc.
CAH
1.37
42.28 130.2
26.03 6
3.24
Casey's General Stores Inc.CASY
0.80
20.20
87.2
20.75 12
3.96
Cass Information Systems In
CASS
0.84
40.98
84.7
25.50 12
2.05
Caterpillar Inc.
CAT
2.80
44.87
38.5
13.92 12
6.24
CCFNB Bancorp Inc.
CCFN
1.38
43.95
n/a 12.58 12
3.14
CenterPoint Energy
CNP
0.99
70.21
14.4
14.87 12
1.41
Chesapeake Financial Share
CPKF
0.45
27.78
n/a 10.03 12
1.62
Chesapeake Utilities
CPK
1.08
43.72
41.2
19.34 12
2.47
Church & Dwight
CHD
1.34
44.52 148.9
26.97 12
3.01
Citizens Financial Services CZFS
1.60
36.36
n/a 11.15 12
4.40
Community Bank System CBU
1.20
54.05
(0.3) 15.74 12
2.22
Compass Minerals Internatio
CMP
2.64
40.87
66.1
13.67 12
6.46
ConocoPhillips
COP
2.92
63.34
3.0
14.73 12
4.61
Costco Wholesale
COST
1.60
31.25 176.8
27.94 8
5.12
Cracker Barrel Old CountryCBRL
4.00
64.41 131.2
21.33 7
6.21
Crane Company
CR
1.32
40.87
68.3
18.92 12
3.23
CSX Corp.
CSX
0.72
36.36
60.0
18.23 12
1.98
Cullen/Frost Bankers
CFR
2.12
49.65
13.6
17.08 12
4.27
CVS Health Corp.
CVS
1.40
35.26
82.3
25.01 12
3.97
Daktronics Inc.
DAKT
0.40
93.02
56.9
24.95 4
0.43
Darden Restaurants
DRI
2.20 222.22 218.8
64.41 5
0.99
Deere & Company
DE
2.40
31.21
40.4
11.77 10
7.69
Delta Natural Gas
DGAS
0.80
75.47
24.9
18.86 6
1.06
Digital Realty Trust
DLR
3.40 343.43 194.2
64.05 12
0.99
Dominion Resources
D
2.59 115.63 126.9
32.00 12
2.24
Donegal Group Inc. A
DGICA
0.54 100.00
11.0
27.98 12
0.54
Donegal Group Inc. B
DGICB
0.47
87.04
42.5
38.70 12
0.54
Duke Energy Corp.
DUK
3.18
91.38
15.2
22.29 12
3.48
Eagle Bancorp Montana Inc.
EBMT
0.30
45.45 (24.3) 16.55 6
0.66
Ecolab Inc.
ECL
1.32
33.59 141.1
28.49 12
3.93
Edison International
EIX
1.67
38.48
6.3
14.04 12
4.34
Enbridge Inc.
ENB
1.27 116.33 234.4
48.01 12
1.09
Energy Transfer Equity LP ETE
1.96 171.93 1082.0
58.47 12
1.14
Enterprise Bancorp Inc.
EBTC
0.50
34.72
(7.9) 14.90 12
1.44
Enterprise Products Partners
EPD
1.50 102.04
93.3
23.30 12
1.47
EOG Resources Inc.
EOG
0.67
12.62
58.7
18.63 12
5.31
Equity LifeStyle Properties ELS
1.50 119.05 226.2
41.92 12
1.26
Essex Property Trust
ESS
5.76 306.38 252.6 118.06 12
1.88
Eversource Energy
ES
1.67
64.73
14.1
18.90 12
2.58

PEG TTM MRQ


Ratio P/Sales P/Book
2.04
0.71
8.97
n/a
n/a
n/a
1.57
5.21
4.76
0.71
2.35
1.58
2.30
0.30
4.58
1.80
0.40
3.80
n/a
5.00
3.01
1.44
0.96
3.10
n/a
n/a
n/a
9.43
0.98
1.98
n/a
n/a
n/a
6.45
1.40
2.32
2.77
3.22
5.17
n/a
n/a
n/a
1.59
5.57
1.42
0.78
2.32
4.54
n/a
1.59
1.62
2.69
0.54
6.17
2.01
1.14
5.64
2.63
1.21
3.37
1.85
2.81
3.16
2.36
6.57
1.70
1.70
0.81
2.99
1.25
0.79
2.22
4.03
1.23
3.55
n/a
0.88
3.77
4.71
1.46
1.86
12.32
5.33
3.04
5.61
3.39
3.62
1.24
0.70
0.99
n/a
0.84
1.18
4.93
2.30
1.34
1.65
2.27
0.78
1.98
2.33
4.59
3.98
1.48
1.81
3.61
1.45
5.24
2.54
0.64 53.76
n/a
2.82
1.28
18.20
1.38
3.61
n/a
3.10
3.04
7.98
5.69
5.71
12.76 14.91
2.37
3.03
2.00
1.55

TTM
ROE
44.30
n/a
23.60
14.20
17.50
20.00
11.80
21.20
n/a
13.70
n/a
12.20
19.90
n/a
11.50
35.80
12.70
19.40
28.20
15.80
21.30
10.30
12.20
9.00
41.30
36.60
21.20
4.50
11.30
n/a
n/a
4.40
5.00
16.20
15.30
12.20
77.60
8.90
17.20
17.10
13.90
2.80
10.70
143.2
293.1
5.9
4.3
32.3
88.0
(35.6)
3.6

62.5

TY%
Growth
15.1
n/a
24.5
71.7
247.4
21.2
2.0
2.3
n/a
95.8
n/a
9.8
7.9
n/a
14.4
67.3
(28.3)
0.4
12.4
(13.4)
4.9
13.3
5.9
(3.8)
(23.3)
(5.1)
13.3
(53.3)
(27.5)
n/a
n/a
(4.7)
(20.8)
0.0

NY% Past 5yr Est 5-yr N MktCap Inside Debt/ Past 5yr
Growth Growth Growth A ($Mil) Own. Equity DEG
10.2
7.4
10.4 31
9,521
1.2 1.13 1.121
n/a
n/a
n/a 0
170
n/a
n/a
n/a
12.1
14.5
13.0 26
51,869 10.2 0.62 1.050
636.7
27.4
16.0 13
36,444
0.0 0.48 1.234
12.4
9.9
11.3 17
27,843
0.2 0.65 2.100
(0.3)
14.2
11.5 10
3,193
0.5 1.04 1.330
0.0
7.6
n/a 0
600
3.0 0.00 1.722
3.4
32.7
9.7 24
52,449
0.1 2.29 0.279
n/a
n/a
n/a 0
86
n/a
n/a
n/a
8.7
6.9
1.6 17
9,016
0.2 2.07 0.661
n/a
n/a
n/a 1
64
n/a
n/a
n/a
7.0
11.6
3.0 4
699
3.1 0.85 0.428
9.3
12.1
9.8 21
10,610
0.2 0.52 3.311
n/a
n/a
n/a 0
149
n/a
n/a
n/a
4.1
12.0
9.9 7
1,423
1.4 0.10 0.443
10.3
5.7
17.4 10
2,970
0.6 0.96 1.942
468.5
9.3
(0.7) 22
83,641
0.0 0.43 1.510
9.0
13.5
10.4 26
62,938
0.5 0.49 1.071
9.1
13.8
10.6 10
3,169
0.4 0.71 2.488
12.1
7.2
7.2 8
3,543
0.7 0.80 1.321
11.3
15.1
9.9 29
35,656
0.2 0.86 1.094
8.2
7.3
7.2 19
4,607
1.4 0.09 0.478
13.7
9.3
14.7 20 112,721
0.2 0.34 3.154
43.4
(4.4)
20.0 4
468
8.1 0.02
n/a
14.7
(12.2)
16.0 34
8,022
0.1 0.68
n/a
(0.9)
33.2
(2.2) 22
30,732
0.2 4.44 0.442
0.0
8.5
4.0 2
140
1.1 0.71 0.456
25.0
10.2
5.2 20
8,610
0.3 1.65 1.933
5.8
1.1
5.7 20
42,175
0.3 2.25 5.928
n/a
n/a
n/a 1
410
n/a
n/a
n/a
n/a
n/a
n/a 0
567
n/a
n/a
n/a
6.3
7.2
4.5 22
54,921
0.1 1.04 0.311
15.8
(4.9)
10.0 1
42
7.8 0.10
n/a
14.0
17.7
14.4 12
33,297
0.4 0.90 0.817
9.7
10.8
3.5 18
19,855
0.2 1.10 0.254
15.5
(8.7)
13.3 9
44,707
3.9 3.50
n/a
19.8
2.9
23.0 9
35,914
2.7 46.18 2.527
0.0
8.4
n/a 0
220 23.2 0.09 0.569
9.6
24.6
1.3 20
66,362
0.3 1.18 0.233
3897.7
37.3
(3.8) 35
54,271
0.8 0.33 0.333
10.8
21.2
5.3 6
4,450
3.8 2.85 0.926
47.8
(3.1)
9.3 23
14,456
0.1 0.86
n/a
6.0
6.2
6.3 18
15,477
0.4 0.98 1.705

10-24 Straight Years Higher Dividends Disclaimer: Although all figures are thought to be correct, no guarantee is expressed or implied.

(and American Depository Receipts)

Contenders

Fundamental Data
Abbreviations:

Numbers in Blue directly from FinViz.com

Company
Ticker
Annual EPS% +/-% vs.
Name
Symbol Dividend Payout Graham
Expeditors International
EXPD
0.64
33.33 123.8
Factset Research System InFDS
1.56
29.49 304.6
Farmers & Merchants Banco
FMCB
12.80
39.22
n/a
Farmers and Merchants Ban
FMAO
0.84
40.19
n/a
Fastenal Company
FAST
1.12
65.12 172.6
FedEx Corp.
FDX
0.80
9.17
61.0
First Keystone Corp.
FKYS
1.08
58.70
n/a
First of Long Island Corp. FLIC
0.76
46.06
0.2
First Robinson Financial Corp
FRFC
1.05
23.39
n/a
Flowers Foods
FLO
0.53
63.86 123.6
Franklin Electric Co.
FELE
0.36
25.35
80.9
Gap Inc.
GPS
0.92
32.06
85.7
General Dynamics
GD
2.76
35.11
72.5
General Mills
GIS
1.76
76.19 154.4
Genesis Energy LP
GEL
2.44 206.78 166.7
Graco Inc.
GGG
1.20
30.15 134.1
Hanover Insurance Group (T
THG
1.64
26.07 (28.3)
Harris Corp.
HRS
1.88
37.23
80.2
Hasbro Inc.
HAS
1.84
57.50 145.1
Hawkins Inc.
HWKN
0.76
41.08
42.7
HCC Insurance Holdings HCC
1.18
25.60 (12.6)
HDFC Bank Limited
HDB
0.34
18.34 181.4
Health Care REIT Inc.
HCN
3.30 354.84 158.4
Healthcare Services Group HCSG
I
0.71 221.88 464.9
Holly Energy Partners LP HEP
2.15 177.69 170.1
Honat Bancorp Inc.
HONT
1.08
n/a
n/a
Imperial Oil Ltd.
IMO
0.48
13.15
6.0
Infinity Property & CasualtyIPCC
1.72
34.75
(9.9)
Inmarsat plc
IMASF
0.48
68.84 143.5
International Business MachIBM
5.20
33.02 159.6
International Flavors & Fragra
IFF
1.88
37.15 148.2
International Speedway Corp
ISCA
0.26
19.40
22.3
ITC Holdings Corp.
ITC
0.65
41.67
84.8
J&J Snack Foods Corp.
JJSF
1.44
38.30 106.6
J.M. Smucker Co.
SJM
2.56
47.06
46.0
Jack Henry & Associates JKHY
1.00
39.53 150.3
JB Hunt Transport ServicesJBHT
0.84
24.93 204.1
John Wiley & Sons Inc.
JW-A
1.16
41.73
67.1
Kellogg Company
K
1.96 113.29 262.1
L-3 Communications Holding
LLL
2.60
34.35
11.4
Laclede Group Inc.
LG
1.84
68.91
12.3
Landmark Bancorp Inc.
LARK
0.76
31.93 (23.5)
Landstar System Inc.
LSTR
0.28
9.09 126.6

TTM FYE
P/E Month
23.87 12
29.75 8
15.32 12
12.44 12
24.78 12
19.45 5
13.59 12
15.16 12
7.32 3
26.92 12
25.46 12
13.81 1
17.47 12
23.96 5
42.13 12
17.99 12
10.90 12
15.89 6
22.12 12
21.32 3
12.36 12
30.56 3
77.44 12
94.59 12
27.23 12
n/a 12
12.09 12
14.98 12
22.39 n/a
10.88 12
22.68 12
27.13 11
23.08 12
27.75 9
21.31 4
26.29 6
25.88 12
20.46 4
36.61 12
15.18 12
19.45 9
10.88 12
20.23 12

(Brown=Yahoo Finance)

EPS=Earnings Per Share; P/E=Price/Earnings Per Share; TTM=Trailing Twelve Months; MRQ=Most Recent Quarter,
PEG=P/E divided by 5-yr future growth rate; FCF=Free Cash Flow, ROE=Return On Equity, TY=This Year; NY=Next Year

TTM PEG TTM MRQ TTM


EPS Ratio P/Sales P/Book ROE
1.92
2.04
1.33
4.72 19.80
5.29
2.50
6.84 12.38 43.60
32.64
n/a
n/a
n/a
n/a
2.09
n/a
n/a
n/a
n/a
1.72
1.64
3.29
6.75 27.00
8.72
1.20
1.02
3.00 16.30
1.84
n/a
n/a
n/a
n/a
1.65
2.17
4.25
1.49 10.20
4.49
n/a
n/a
n/a
n/a
0.83
3.76
1.25
4.18 15.40
1.42
0.64
1.64
2.89 11.00
2.87
1.34
1.01
5.62 42.70
7.86
1.78
1.47
3.83 19.30
2.31
4.05
1.87
6.08 24.10
1.18
3.14
1.29
3.80
9.20
3.98
1.80
3.40
6.85 38.80
6.29
n/a
0.60
1.06 10.20
5.05
9.93
1.68
4.60 29.60
3.20
1.91
2.05
6.11 28.00
1.85
n/a
1.18
2.15 10.40
4.61
1.77
2.06
1.39 11.60
1.86
1.02
5.50
5.83 21.00
0.93
1.04
7.54
1.94
4.30
0.32
5.26
1.62
7.59
8.00
1.21
1.51
5.81
6.03 21.00
n/a
n/a
n/a
n/a
n/a
3.65
1.21
1.23
2.09 17.40
4.95
1.66
0.58
1.22
8.40
0.69
n/a
5.31
5.96
0.00
15.75
2.43
1.88 13.94 103.20
5.06
2.42
3.00
6.11 33.00
1.34
9.04
2.57
1.24
4.70
1.56
1.99
5.46
3.33 19.10
3.76
2.77
2.10
3.46 12.80
5.44
3.98
2.53
2.25 10.70
2.53
2.29
4.33
5.36 19.50
3.37
1.75
1.64
8.04 39.50
2.78
1.64
1.82
3.07 14.30
1.73
8.32
1.55
8.06 18.80
7.57 22.00
0.78
1.84 11.50
2.67
4.17
1.26
1.46
6.70
2.38
n/a
3.10
1.21 11.70
3.08
1.17
0.87
5.71 29.40

TY% NY% Past 5yr Est 5-yr N MktCap Inside Debt/ Past 5yr
Growth Growth Growth Growth A ($Mil) Own. Equity DEG
14.3
10.3
11.6
11.7 23
8,758
0.7 0.00 0.947
10.6
10.8
10.6
11.9 10
6,574
2.0 0.07 1.347
n/a
n/a
n/a
n/a 0
389
n/a
n/a
n/a
n/a
n/a
n/a
n/a 1
120
n/a
n/a
n/a
9.9
11.8
21.8
15.1 30
12,529 13.4 0.07 1.040
37.2
21.2
85.2
16.2 31
48,117
5.6 0.45 0.114
n/a
n/a
n/a
n/a 0
139
n/a
n/a
n/a
6.5
14.0
6.1
7.0 3
349
3.8 1.48 1.222
n/a
n/a
n/a
n/a 0
n/a
n/a
n/a
(24.8)
8.1
5.8
7.2 9
4,678
5.2 0.69 1.739
(15.5)
13.6
23.2
40.0 3
1,721
1.8 0.30 0.293
4.7
11.5
12.7
10.3 31
16,638
7.7 0.45 1.606
11.4
9.0
4.7
9.8 21
45,340
0.7 0.33 2.167
1.4
5.5
8.3
5.9 21
32,988
0.3 1.89 1.486
18.0
24.6
18.3
13.4 11
4,951
8.3 1.30 0.564
8.6
14.5
35.1
10.0 10
4,203
0.8 1.33 0.219
15.0
10.0
11.3
(1.1) 7
3,039
1.7 0.32 1.343
20.2
1.0
16.5
1.6 10
8,355
0.1 0.91 0.982
47.5
20.8
5.2
11.6 12
8,822
0.4 1.24 3.103
5.6
0.0
(5.7)
n/a 0
420
0.9 0.00
n/a
14.1
4.8
8.2
7.0 12
5,460
0.6 0.21 1.673
27.2
0.0
35.4
30.0 2
39,639
0.0 0.79 0.634
850.0
15.6
1.1
74.7 18
25,214
0.1 0.89 2.886
(53.7)
15.5
(7.6)
18.0 6
2,164
4.2 0.00
n/a
36.0
10.4
2.9
18.0 7
1,933
0.6 2.71 1.915
n/a
n/a
n/a
n/a 0
n/a
n/a
n/a
n/a
33.6 105.4
19.2
10.0 7
37,365
0.0 0.31 0.267
76.8
13.0
(0.6)
9.0 5
850
3.2 0.39
n/a
0.0
0.0
0.0
0.0 0
6,927
n/a
n/a
n/a
2.0
3.3
9.3
4.5 23 169,306
0.1 3.20 1.570
17.9
8.5
15.5
9.4 11
9,266
0.6 0.62 0.671
49.5
17.0
59.6
3.0 6
1,689
0.8 0.20 0.191
4.8
6.2
12.4
11.6 10
5,587
0.2 2.46 0.639
12.0
7.9
11.6
10.0 3
1,950 19.3 0.00 2.313
8.4
8.4
11.8
5.4 17
13,871
0.5 0.42 1.037
15.7
9.7
14.1
11.5 10
5,439
0.1 0.01 1.486
10.1
15.1
24.7
14.8 30
10,161
3.2 0.69 0.514
13.0
(2.4)
4.7
12.5 3
3,345
0.1 0.63 3.164
(64.4)
5.6
(11.0)
4.4 22
22,558 20.0 2.64
n/a
(8.3)
9.5
(0.1)
0.7 14
9,515
0.9 0.75
n/a
16.3
6.1
(4.1)
4.7 5
2,249
0.7 1.47
n/a
67.6
0.0
18.2
n/a 0
87
3.8 0.47 0.275
30.1
12.3
17.5
17.3 24
2,767
0.5 0.30 0.507

10-24 Straight Years Higher Dividends Disclaimer: Although all figures are thought to be correct, no guarantee is expressed or implied.

(and American Depository Receipts)

Contenders

Fundamental Data
Abbreviations:

Numbers in Blue directly from FinViz.com

Company
Ticker
Annual EPS% +/-% vs.
Name
Symbol Dividend Payout Graham
Lincoln Electric Holdings LECO
1.16
34.32
94.7
Lindsay Corp.
LNN
1.08
30.59
68.0
Linear Technology Corp. LLTC
1.20
56.60 168.4
Lockheed Martin
LMT
6.00
54.15 253.8
Lyons Bancorp Inc.
LYBC
1.52
33.19
n/a
Magellan Midstream Partners
MMP
2.87
77.78 219.7
Marketing Alliance Inc.
MAAL
0.21 210.00
n/a
Matthews International
MATW
0.52
30.23
62.3
Maxim Integrated Products MXIM
1.12 138.27 173.4
McGrath Rentcorp
MGRC
1.00
57.14
30.7
MDU Resources
MDU
0.73
48.03
(4.8)
Meredith Corp.
MDP
1.83
64.66
43.2
Mesa Laboratories Inc.
MLAB
0.64
21.62 130.8
Microchip Technology Inc. MCHP
1.43
84.00 130.1
Microsoft Corp.
MSFT
1.24
51.45
98.9
Minden Bancorp Inc.
MDNB
0.44
29.93
n/a
MOCON Inc.
MOCO
0.44 169.23 192.2
Monro Muffler Brake Inc. MNRO
0.52
28.11 143.8
Monsanto Company
MON
1.96
41.88 179.0
MSC Industrial Direct Co. Inc.
MSM
1.60
42.33
70.0
Muncy Bank Financial Inc. MYBF
1.00
n/a
n/a
Murphy Oil Corp.
MUR
1.40
24.43 (39.5)
National Bankshares
NKSH
1.16
48.95 (20.2)
National Health Investors NHI
3.40 111.84
46.5
National Healthcare Corp. NHC
1.36
43.31
17.5
National Interstate Corp. NATL
0.52
94.55
86.1
New Jersey Resources
NJR
0.90
29.80
2.5
NewMarket Corp.
NEU
5.60
29.09 259.8
NextEra Energy
NEE
3.08
55.10
33.2
Nike Inc.
NKE
1.12
32.00 193.9
Norfolk Southern
NSC
2.36
36.82
32.5
Northeast Indiana Bancorp NIDB
0.80
30.30
n/a
Northrop Grumman
NOC
2.80
28.75
73.2
NorthWestern Corp.
NWE
1.92
65.75
13.3
Norwood Financial
NWFL
1.24
58.77 (16.8)
Nu Skin Enterprises Inc. NUS
1.40
45.02
69.4
Occidental Petroleum
OXY
2.88
n/a
n/a
Oil-Dri Corp. of America ODC
0.80
79.21
75.8
Omega Healthcare Investors
OHI
2.16 124.14
74.2
ONEOK Inc.
OKE
2.42 159.21 389.0
ONEOK Partners LP
OKS
3.16 135.04
21.1
Owens & Minor Inc.
OMI
1.01
95.28
73.1
Pall Corp.
PLL
1.22
35.26 190.1

TTM FYE
P/E Month
19.78 12
22.43 8
21.76 6
16.84 12
10.21 12
22.63 12
41.50 3
28.22 9
40.53 6
18.92 12
14.66 12
18.39 6
28.68 3
28.03 3
20.18 6
13.61 12
66.92 12
32.37 3
24.35 8
18.80 8
n/a 12
8.31 12
12.24 12
21.95 12
20.16 12
50.95 12
10.10 9
23.22 12
18.06 12
28.24 5
15.73 12
9.94 12
15.82 12
17.84 12
14.17 12
18.18 12
n/a 12
32.50 7
20.74 12
31.64 12
17.93 12
31.81 12
28.13 7

(Brown=Yahoo Finance)

EPS=Earnings Per Share; P/E=Price/Earnings Per Share; TTM=Trailing Twelve Months; MRQ=Most Recent Quarter,
PEG=P/E divided by 5-yr future growth rate; FCF=Free Cash Flow, ROE=Return On Equity, TY=This Year; NY=Next Year

TTM PEG TTM MRQ


EPS Ratio P/Sales P/Book
3.38
2.13
1.83
4.31
3.53
3.59
1.58
2.83
2.12
2.42
7.55
7.45
11.08
1.89
1.30 16.72
4.58
n/a
n/a
n/a
3.69
1.48
8.24 10.16
0.10
n/a
n/a
n/a
1.72
2.57
1.31
2.10
0.81
4.08
3.88
4.15
1.75
1.89
2.11
2.03
1.52
2.09
0.93
1.39
2.83
3.68
1.50
2.51
2.96
n/a
4.39
4.18
1.70
2.17
4.58
4.25
2.41
2.75
4.15
4.41
1.47
n/a
n/a
n/a
0.26
n/a
1.55
2.87
1.85
1.62
2.16
4.13
4.68
2.11
3.63
7.19
3.78
1.85
1.52
3.46
n/a
n/a
n/a
n/a
5.73
0.72
1.59
0.99
2.37
n/a
4.60
1.17
3.04
5.05 14.12
2.20
3.14
n/a
1.02
1.54
0.55
3.92
0.92
1.53
3.02
1.68
0.71
2.34
19.25
2.64
2.40 12.55
5.59
2.89
2.68
2.21
3.50
2.32
2.81
6.88
6.41
1.58
2.83
2.51
2.64
n/a
n/a
n/a
9.74
2.33
1.26
4.27
2.92
2.35
2.07
1.62
2.11
n/a
3.94
1.10
3.11
n/a
1.31
3.55
-0.23
n/a
3.17
1.77
1.01
n/a
0.88
2.14
1.74
6.29 13.06
3.29
1.52
4.19
0.82 17.00
2.34
5.12
0.87
1.84
1.06
4.80
0.23
2.12
3.46
2.20
3.64
6.73

TTM
ROE
19.90
12.10
36.60
90.00
n/a
46.70
n/a
8.70
9.90
11.10
11.70
14.30
16.00
17.40
22.10
n/a
4.30
13.90
25.40
17.60
n/a
12.60
10.00
14.90
8.10
3.10
25.00
63.50
13.10
26.90
16.40
n/a
21.80
9.90
7.70
20.70
4.90
5.70
16.00
51.20
10.40
9.00
22.20

TY% NY% Past 5yr Est 5-yr N MktCap Inside Debt/ Past 5yr
Growth Growth Growth Growth A ($Mil) Own. Equity DEG
(10.2)
9.7
41.0
9.3 10
5,086
1.1 0.15 0.274
(26.9)
13.6
29.2
6.3 8
935
2.7 0.35 0.955
11.1
7.6
8.2
9.0 16
11,034
0.9 0.00 0.510
24.0
11.5
8.0
8.9 23
58,734
0.1 2.39 2.325
n/a
n/a
n/a
n/a 0
55
n/a
n/a
n/a
44.1
10.2
27.2
15.3 17
18,990
0.2 1.60 0.442
n/a
n/a
n/a
n/a 0
30
n/a
n/a
n/a
(22.7)
13.7
(4.1)
11.0 4
1,601
2.5 0.95
n/a
(18.5)
28.2 110.2
9.9 23
9,287
0.4 0.45 0.056
4.8
9.4
4.6
10.0 3
863
2.2 0.76 0.553
4.1
10.3
33.8
7.0 10
4,338
0.4 0.67 0.081
(8.8)
(2.0)
25.5
5.0 7
2,287
0.8 0.93 0.548
6.0
20.7
11.0
n/a 1
301 12.2 0.39 0.752
193.5
12.6
6.8
12.9 16
9,600
2.6 0.60 0.140
1.9
20.5
10.2
7.3 37 393,477
3.0 0.35 1.687
n/a
n/a
n/a
n/a 0
45
n/a
n/a
n/a
(55.7)
0.0
(12.6)
n/a 0
100
6.0 0.13
n/a
26.7
22.2
15.7
20.0 8
1,896
3.4 0.62 1.444
12.3
16.1
6.8
11.6 26
54,256
0.2 1.08 1.684
0.3
10.9
13.6
10.2 7
4,384
0.5 0.43 0.859
n/a
n/a
n/a
n/a 0
n/a
n/a
n/a
n/a
21.1
81.7
8.9
11.5 15
8,473
1.4 0.35 1.011
(4.7)
0.0
3.4
n/a 1
202
0.3 0.00 1.797
10.1
37.4
8.0
4.4 7
2,507
0.6 0.83 0.840
(6.3)
0.0
6.3
n/a 0
893
7.0 0.08 0.906
(37.1)
18.8
(25.3)
13.0 6
556
1.8 0.03
n/a
21.9
4.6
39.2
6.0 8
2,606
1.1 0.90 0.169
1.0
5.1
11.6
8.8 5
5,559 13.0 0.84 3.220
42.5
7.6
7.1
6.2 25
45,622
0.3 1.46 1.259
11.2
11.3
14.5
12.2 26
84,978
0.2 0.10 0.930
5.6
12.7
18.2
10.0 31
32,943
0.3 0.73 0.566
n/a
n/a
n/a
n/a 0
33
n/a
n/a
n/a
16.8
11.1
17.0
6.8 21
30,261
0.4 0.82 0.715
22.4
5.5
8.3
7.6 7
2,450
1.1 1.26 0.435
(10.3)
0.0
(2.1)
n/a 0
110
4.6 0.28
n/a
(47.6)
13.2
17.3
(4.6) 8
3,362
1.1 0.26 1.420
(102.9) 188.2
(15.4)
(0.5) 25
61,723
0.3 0.20
n/a
(43.5)
0.0
(2.5)
n/a 0
232
0.2 0.18
n/a
19.2
(6.3)
14.9
3.3 9
6,592
1.1 1.70 0.737
14.3
9.5
1.7
7.6 11
10,041
0.7 13.95 14.297
(0.9)
16.8
5.3
3.5 15
10,647 11.3 1.24 1.285
(39.8)
9.0
(10.6)
6.6 7
2,129
1.1 0.61
n/a
12.5
11.6
14.7
12.8 11
10,378
0.1 0.76 0.971

10-24 Straight Years Higher Dividends Disclaimer: Although all figures are thought to be correct, no guarantee is expressed or implied.

(and American Depository Receipts)

Contenders

Fundamental Data
Abbreviations:

Numbers in Blue directly from FinViz.com

Company
Ticker
Annual EPS% +/-% vs. TTM
FYE
Name
Symbol Dividend Payout Graham P/E Month
Pardee Resource CompanyPDER
7.20
n/a
n/a
n/a 12
PartnerRe Limited
PRE
2.80
14.37 (49.0)
6.57 12
People's United Financial PBCT
0.67
77.91 (13.0) 17.57 12
Perrigo Company plc
PRGO
0.50
19.46 185.4
71.32 6
Plains All American PipelinePAA
2.74 116.60
50.8
21.32 12
Polaris Industries
PII
2.12
31.36 208.2
20.26 12
PPL Corp.
PPL
1.49
62.87
2.9
14.36 12
Praxair Inc.
PX
2.86
49.91 144.1
21.28 12
Prosperity Bancshares
PB
1.09
25.47 (20.2) 12.46 12
PSB Holdings Inc.
PSBQ
0.80
20.51
n/a 11.03 12
Qualcomm Inc.
QCOM
1.92
45.50
45.6
16.11 9
Raytheon Company
RTN
2.68
38.84
50.0
15.07 12
Realty Income Corp.
O
2.27 225.15 103.8
46.50 12
Regal Beloit Corp.
RBC
0.92 143.75 213.5 122.19 12
RenaissanceRe Holdings RNR
1.20
9.36 (36.9)
7.99 12
Republic Bancorp KY
RBCAA
0.75
51.23 (20.6) 16.29 12
Republic Services Inc.
RSG
1.12
73.20
48.2
26.56 12
Reynolds American Inc.
RAI
2.68
95.71 216.7
26.18 12
RGC Resources Inc.
RGCO
0.77
74.04
28.9
20.10 9
Ritchie Brothers Auctioneers
RBA
0.56
65.88 125.3
29.75 12
Robert Half International Inc.
RHI
0.80
35.40 186.7
24.54 12
Rollins Inc.
ROL
0.32
50.79 352.4
39.37 12
Roper Industries Inc.
ROP
1.00
15.63 103.3
26.28 12
Ross Stores Inc.
ROST
0.94
21.27 197.1
22.37 1
Royal Gold Inc.
RGLD
0.88 117.33 161.6
86.04 6
Ryder System
R
1.48
35.75
67.8
23.03 12
SCANA Corp.
SCG
2.18
57.52
(2.8) 13.98 12
SEI Investments Company SEIC
0.48
25.00 150.4
23.78 12
Sempra Energy
SRE
2.80
60.48
53.4
22.93 12
Shire plc
SHPG
0.62
3.73
89.0
14.58 12
Silgan Holdings Inc.
SLGN
0.64
22.38 100.5
18.84 12
South Jersey Industries
SJI
2.01 105.79 240.6
27.76 12
Southern Company
SO
2.17
99.54
34.7
20.32 12
Southside Bancshares
SBSI
0.92
86.79
23.4
25.77 12
Span-America Medical Syste
SPAN
0.60
61.86
36.5
20.15 10
StanCorp Financial Group SFG
1.30
25.69
(5.9) 14.25 12
Steris Corp.
STE
0.92
41.63 121.8
30.09 3
StoneMor Partners LP
STON
2.56
n/a
n/a
n/a 12
Stryker Corp.
SYK
1.38 102.22 251.1
68.33 12
Sunoco Logistics Partners LP
SXL
1.68 294.04 143.9
77.82 12
Syngenta AG
SYT
2.33
66.33
71.1
19.05 12
Tanger Factory Outlet Cente
SKT
1.14 154.05 257.9
45.38 12
TC Pipelines LP
TCP
3.36 125.37
92.1
25.40 12

(Brown=Yahoo Finance)

EPS=Earnings Per Share; P/E=Price/Earnings Per Share; TTM=Trailing Twelve Months; MRQ=Most Recent Quarter,
PEG=P/E divided by 5-yr future growth rate; FCF=Free Cash Flow, ROE=Return On Equity, TY=This Year; NY=Next Year

TTM
EPS
n/a
19.48
0.86
2.57
2.35
6.76
2.37
5.73
4.28
3.90
4.22
6.90
1.01
0.64
12.82
1.46
1.53
2.80
1.04
0.85
2.26
0.63
6.40
4.42
0.75
4.14
3.79
1.92
4.63
16.70
2.86
1.90
2.18
1.06
0.97
5.06
2.21
-0.36
1.35
0.57
3.52
0.74
2.68

PEG TTM MRQ


Ratio P/Sales P/Book
n/a
n/a
n/a
2.70
0.94
0.89
2.91
4.50
0.97
5.94
6.19
2.57
2.63
0.46
2.40
1.16
1.97 10.55
n/a
1.97
1.66
2.10
2.87
6.30
2.31
5.23
1.15
n/a
n/a
n/a
1.53
4.03
2.96
1.83
1.40
3.36
13.88 11.70
2.01
11.11
1.07
1.81
n/a
3.74
1.12
1.63
3.71
0.87
4.50
1.63
1.86
2.58
4.54
8.62
n/a
1.29
1.86
2.43
5.67
3.84
1.59
1.60
7.54
4.37
3.84 11.70
1.98
4.75
3.54
1.83
1.85
8.88
4.65 16.20
1.79
1.86
0.77
2.75
3.25
1.53
1.52
1.76
5.88
5.93
2.77
2.38
2.31
1.03
7.93
5.51
2.20
0.83
4.80
4.63
2.03
9.40
6.12
2.18
2.01
12.89
5.59
1.33
1.55
1.03
2.08
2.26
1.10
1.40
3.01
2.19
3.68
n/a
3.11
4.28
7.99
3.61
4.06
6.49
0.60
1.72
2.54
2.06
3.46
7.09
7.69
6.35
2.30 12.88
3.27

TTM TY% NY% Past 5yr Est 5-yr N MktCap Inside Debt/ Past 5yr
ROE Growth Growth Growth Growth A ($Mil) Own. Equity DEG
n/a
n/a
n/a
n/a
n/a 0
n/a
n/a
n/a
n/a
14.50
84.4
(2.5)
(3.7)
2.4 19
6,068
0.7 0.12
n/a
5.50 13.5
12.0
22.9
6.0 18
4,657
0.8 0.22 0.070
3.90 (62.0)
19.5
3.1
12.0 19
25,802
0.1 0.49 4.208
20.50 (15.0)
9.7
7.5
8.1 17
19,906
1.5 1.29 0.944
57.00 23.1
17.3
34.2
17.5 14
9,111
1.0 0.38 0.577
15.10 39.2
0.6
16.9
(2.3) 19
22,708
0.0 1.60 0.087
26.40 (2.4)
10.9
7.4
10.1 15
35,190
0.1 1.65 1.378
9.60 18.4
0.2
12.4
5.4 16
3,735
4.2 0.05 0.950
n/a
n/a
n/a
n/a
n/a 0
70
n/a
n/a
n/a
18.50 12.5
7.7
32.7
10.5 37 110,811
0.2 0.03 0.586
19.80 16.9
9.1
7.3
8.2 22
31,735
0.3 0.56 1.965
5.40 43.1
12.5
2.5
3.4 12
10,922
0.3 0.95 2.006
1.50 (74.2)
10.8
(23.7)
11.0 14
3,497
0.4 0.33
n/a
19.20 (15.0)
5.3
(1.1)
(0.2) 16
4,718
2.4 0.07
n/a
5.40 13.1
4.6
(7.3)
10.0 2
496
0.8 0.07
n/a
7.00 (5.6)
9.1
3.3
5.9 11
14,320
0.1 0.91 2.085
31.60 (14.0)
8.1
10.5
10.2 13
38,996
0.1 1.12 0.846
9.30
9.9
0.0
(1.7)
n/a 0
99
6.6 0.87
n/a
12.90 (3.4)
12.7
(0.7)
12.3 17
2,727
2.9 0.17
n/a
31.70 23.5
15.6
56.6
15.4 12
7,500
3.2 0.00 0.149
29.30 12.5
11.7
11.2
9.0 3
5,423
4.8 0.00 1.572
14.10 19.2
8.9
19.9
13.3 11
16,878
1.6 0.47 0.974
42.60 13.9
11.8
20.1
12.2 26
20,458
0.6 0.17 1.466
2.10 (11.9)
31.9
(2.1)
18.5 9
4,182
0.7 0.14
n/a
13.90 (10.6)
13.2
20.6
12.4 15
5,084
0.6 2.48 0.395
11.00 11.8
5.7
5.9
4.3 11
7,572
0.1 1.33 0.373
26.40 12.8
15.9
15.2
13.5 7
7,586
9.6 0.00 1.475
10.30 15.5
7.8
0.5
8.3 16
26,260
0.1 1.27 22.838
50.50 126.4
16.8
43.3
14.2 14
47,730
0.4 0.10 0.368
24.50 (0.3)
8.8
6.7
8.6 13
3,260
1.5 2.25 1.428
11.00 (42.8)
2.4
(5.6)
6.0 4
1,805
0.5 1.37
n/a
10.00 16.6
3.4
1.1
3.3 19
40,269
0.0 1.25 3.408
6.60 (50.2)
8.3
(14.0)
2.0 2
692
2.8 0.14
n/a
10.00 (48.5)
0.0
(12.3)
13.0 0
58 15.0 0.00
n/a
9.80 (1.6)
10.3
3.8
6.3 11
3,040
0.5 0.23 2.683
12.50 (20.2)
11.2
3.1
10.0 9
3,969
0.5 0.57 5.324
-5.10
55.1
8.7
(2.1)
13.0 2
895
0.9 1.38
n/a
6.60 (48.7)
9.5
(13.4)
8.6 33
34,957
0.3 0.46
n/a
2.00 (68.7)
6.9
(13.9)
12.0 12
10,883
0.3 0.74
n/a
35.20 (1.1)
7.7
3.2
7.5 0
31,178
0.0 0.46 5.041
20.40 (31.9)
13.7
(0.3)
6.4 12
3,218
2.1 2.96
n/a
12.60 25.2
12.4
2.8
11.1 9
4,327 27.4 1.28 1.011

10-24 Straight Years Higher Dividends Disclaimer: Although all figures are thought to be correct, no guarantee is expressed or implied.

(and American Depository Receipts)

Contenders

Fundamental Data
Abbreviations:

Numbers in Blue directly from FinViz.com

Averages for

354

1.66

49.71

112.6

Company
Ticker
Annual EPS% +/-% vs.
Name
Symbol Dividend Payout Graham
Teekay LNG Partners LP TGP
2.80 121.74
23.1
Teva Pharmaceutical Industri
TEVA
1.35
37.95
29.2
Texas Instruments
TXN
1.36
52.51 125.8
Texas Pacific Land Trust TPL
0.29
7.00 771.9
Thomasville Bancshares Inc.
THVB
0.40
54.79
n/a
Thomson Reuters Corp. TRI
1.34
56.78
34.2
Tiffany & Company
TIF
1.52
40.75 103.9
TJX Companies Inc.
TJX
0.84
26.67 207.4
Torchmark Corp.
TMK
0.54
13.17
(3.5)
Transmontaigne Partners LP
TLP
2.66 169.43
39.4
Travelers Companies
TRV
2.44
23.67 (24.4)
UMB Financial Corp.
UMBF
0.94
35.34
6.4
United Technologies
UTX
2.56
36.21
58.9
Urstadt Biddle Properties UBA
1.02
91.89
34.3
Utah Medical Products Inc. UTMD
1.02
33.89
57.8
Valmont Industries
VMI
1.50
24.04
53.6
Vector Group Ltd.
VGR
1.60 470.59
n/a
Verizon Communications VZ
2.20
92.05 356.5
VSE Corp.
VSEC
0.40
10.47
23.7
W.P. Carey Inc.
WPC
3.81 186.76
56.9
W.R. Berkley Corp.
WRB
0.44
9.07 (22.2)
Waste Management
WM
1.54
55.20
74.7
West Pharmaceutical Service
WST
0.44
25.14 131.5
Westamerica Bancorp
WABC
1.52
65.80
33.3
Westar Energy
WR
1.44
61.02
3.1
Westlake Chemical Corp. WLK
0.66
13.02
56.0
Westwood Holdings Group WHG
In
2.00
57.64
73.5
Williams Companies
WMB
2.32
81.98
87.9
Williams-Sonoma Inc.
WSM
1.40
42.94 136.5
Wisconsin Energy
WEC
1.69
65.25
45.5
Xcel Energy
XEL
1.28
63.05
11.7
Xilinx Inc.
XLNX
1.24
51.88
84.5
York Water Company
YORW
0.60
67.19
96.7
Yum! Brands Inc.
YUM
1.64
73.21 513.1
Averages for
249
1.65
47.48
94.5

(Brown=Yahoo Finance)

EPS=Earnings Per Share; P/E=Price/Earnings Per Share; TTM=Trailing Twelve Months; MRQ=Most Recent Quarter,
PEG=P/E divided by 5-yr future growth rate; FCF=Free Cash Flow, ROE=Return On Equity, TY=This Year; NY=Next Year

20.78

3.33

3.13

2.74

4.89 21.50

15.3

24.3

10.0

7.8

12

22,127

2.6 1.05

0.915

TTM FYE TTM PEG TTM MRQ TTM TY% NY% Past 5yr Est 5-yr N MktCap Inside Debt/ Past 5yr
P/E Month EPS Ratio P/Sales P/Book ROE Growth Growth Growth Growth A ($Mil) Own. Equity DEG
17.14 12
2.30
3.43
7.67
1.99 12.00 (7.3)
(6.7)
22.0
5.0 7
3,089
0.0 1.29 0.180
16.92 12
3.57 36.40
2.90
2.22 13.10 138.9
(1.7)
9.8
0.5 26
58,695
0.0 0.44 1.785
20.93 12
2.59
2.09
4.35
5.48 31.00 34.6
11.5
17.4
10.0 35
56,765
0.3 0.45 1.292
36.42 12
4.14
n/a 22.72 46.97 137.30 31.0
0.0
43.1
n/a 0
1,254
0.9 0.00 0.169
37.67 12
0.73
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a 0
153
n/a
n/a
n/a
17.40 12
2.36
1.86
2.59
2.33 12.60 10.8
12.7
19.1
9.3 19
32,602 55.0 0.59 0.175
23.45 1
3.73
2.07
2.66
3.99 16.80 164.5
13.2
12.0
11.3 26
11,309
0.4 0.39 1.349
20.49 1
3.15
1.92
1.52 10.38 51.50
7.1
12.7
17.3
10.7 28
44,111
0.5 0.38 1.347
13.69 12
4.10
1.62
1.80
1.53 12.10
7.9
9.5
14.6
8.5 18
7,136
1.4 0.26 1.004
24.02 12
1.57
8.01
4.05
1.82
7.30 (17.4)
5.5
(4.6)
3.0 3
608
0.4 0.76
n/a
9.81 12
10.31
1.74
1.19
1.31 13.70
9.9
1.4
11.1
5.7 25
32,224
0.5 0.26 1.065
18.72 12
2.66
1.43
6.26
1.36
7.50 (18.5)
16.7
3.6
13.1 5
2,278
2.1 0.01 1.432
16.09 12
7.07
1.79
1.59
3.53 20.20
9.8
9.6
10.6
9.0 25 103,336
0.1 0.77 0.841
18.69 10
1.11
3.74
6.77
2.17 12.80 296.6
13.3
14.7
5.0 4
715
0.8 0.94 0.069
17.91 12
3.01
n/a
4.89
3.13 17.60 (0.3)
0.0
11.8
n/a 1
202
0.2 0.08 0.142
20.20 12
6.24
1.50
0.99
2.63 12.10 (31.5)
10.4
4.4
13.5 9
3,006
0.6 0.68 3.959
65.15 12
0.34
5.92
1.62
n/a -45.10 (10.3)
22.6
5.3
11.0 0
2,586
2.5
n/a 0.943
21.10 12
2.39
3.56
1.60 22.22 74.50 (39.5)
4.4
7.1
5.9 35 205,406
0.0 12.14 0.408
18.62 12
3.82
2.33
0.90
1.85
9.70 (15.1)
1.9
(4.0)
8.0 1
382 21.2 0.35
n/a
31.12 12
2.04
n/a
7.30
1.78
9.40 139.5
3.0
5.6
n/a 1
6,611
0.9 1.09 2.269
10.10 12
4.85
1.38
0.86
1.35 14.20 36.9
7.5
21.2
7.3 12
6,120
5.7 0.54 0.584
17.75 12
2.79
3.19
1.62
3.87 22.80
1.2
8.3
6.8
5.6 11
22,664
0.2 1.61 0.776
30.45 12
1.75
2.09
2.70
3.96 13.30 11.5
23.2
10.5
14.6 3
3,834
2.2 0.35 0.581
18.85 12
2.31
3.77
8.03
2.12 11.30 (7.2)
3.4
(10.9)
5.0 6
1,113
0.3 0.00
n/a
15.95 12
2.36
5.20
1.91
1.50 11.90
5.7
6.5
13.4
3.1 13
4,976
0.5 1.11 0.236
15.38 12
5.07
n/a
2.35
3.56 24.50 11.4
5.9
66.2
(13.8) 9
10,360
0.3 0.26 0.597
16.88 12
3.47
n/a
4.36
4.01 32.90 48.7
0.0
25.9
n/a 0
494
9.0 0.00 0.307
18.09 12
2.83
1.00
5.02
4.39 27.80 356.3
39.4
52.8
18.0 16
38,337
0.1 2.47 0.659
22.56 1
3.26
1.76
1.43
5.58 26.00 14.9
14.2
35.1
12.8 28
6,738
0.9 0.00 0.628
18.97 12
2.59
3.25
2.22
2.51 13.40
3.2
5.4
10.3
5.8 17
11,077
0.2 1.18 1.771
16.70 12
2.03
3.65
1.47
1.68 10.20
6.3
6.3
6.4
4.6 20
17,181
0.2 1.25 0.641
18.14 3
2.39
2.06
4.67
4.22 24.20 22.3
7.6
10.8
8.8 30
11,336
0.1 0.58 1.226
28.27 12
0.89
5.77
7.04
3.08 11.20 18.7
5.4
6.8
4.9 4
323
0.8 0.81 0.379
38.38 12
2.24
3.39
2.83 22.04 50.60 (2.1)
17.0
0.9
11.3 27
37,254
0.2 1.98 15.861
20.09
3.47
4.15
3.04
4.24 23.33 19.7
32.8
11.4
9.2 12
18,308
3.0 1.07 0.874

10-24 Straight Years Higher Dividends Disclaimer: Although all figures are thought to be correct, no guarantee is expressed or implied.

(and American Depository Receipts)

Company
Ticker
Name
Symbol
A.O. Smith Corp.
AOS
Aaron's Inc.
AAN
Accenture plc
ACN
ACE Limited
ACE
Acme United Corp.
ACU
AGL Resources
GAS
Airgas Inc.
ARG
Albemarle Corp.
ALB
Alliance Holdings GP LP AHGP
Alliance Resource PartnersARLP
L
Alliant Energy Corp.
LNT
American Equity InvestmentAEL
AmeriGas Partners LP
APU
Ameriprise Financial Inc. AMP
AmerisourceBergen Corp. ABC
AmTrust Financial ServicesAFSI
I
Analog Devices Inc.
ADI
Andersons Inc. (The)
ANDE
AptarGroup Inc.
ATR
Aqua America Inc.
WTR
Arrow Financial Corp.
AROW
Artesian Resources
ARTNA
Assurant Inc.
AIZ
Atlantic Tele Network Inc. ATNI
Atrion Corp.
ATRI
Auburn National Bancorp AUBN
Avista Corp.
AVA
Axis Capital Holdings Ltd. AXS
Badger Meter Inc.
BMI
BancFirst Corp. OK
BANF
Bank of Marin Bancorp
BMRC
Bank of the Ozarks Inc.
OZRK
Bank of Utica
BKUT
Bar Harbor Bankshares
BHB
Best Buy Corp.
BBY
BHP Billiton Ltd.
BHP
BHP Billiton plc
BBL
BOK Financial Corp.
BOKF
Brinker International
EAT
British American Tobacco plc
BTI
Brown & Brown Inc.
BRO
Buckeye Partners LP
BPL
Bunge Limited
BG

10-24 Straight Years Higher Dividends

5/10 DGR DGR DGR DGR


A/D*
1-yr 3-yr 5-yr 10-yr 2014 2013
1.646 30.4 26.0 18.5 11.2 0.600 0.460
1.092 26.5 18.3 13.7 12.5 0.086 0.068
n/a 12.1 20.1 21.1
n/a 1.950 1.740
1.407 28.0 23.5 17.4 12.3 2.560 2.000
0.448 10.0
9.7 10.5 23.5 0.330 0.300
0.483
4.3
2.9
2.6 5.5 1.960 1.880
0.878 15.8 20.4 24.9 28.4 2.130 1.840
1.183 10.9 18.8 16.3 13.8 1.065 0.960
n/a 11.1 14.8 15.3
n/a 3.438 3.095
0.736
8.3 10.9 10.9 14.8 2.473 2.283
0.874
8.5
6.3
6.3 7.3 2.040 1.880
0.777 11.1 18.6 20.1 25.9 0.200 0.180
1.194
4.8
6.0
5.6 4.7 3.480 3.320
n/a 12.4 37.5 27.2
n/a 2.260 2.010
0.739 15.0 29.3 32.9 44.5 0.995 0.865
n/a 56.5 39.5 32.4
n/a 0.740 0.473
0.623
8.8 15.1 13.1 21.0 1.480 1.360
0.878
3.1 14.5 13.7 15.6 0.440 0.427
0.731
9.0 10.9 12.7 17.4 1.090 1.000
0.949
8.6
7.9
7.6 8.0 0.634 0.584
0.842
0.5
2.2
3.2 3.7 0.985 0.980
0.746
3.1
3.6
3.3 4.4 0.848 0.823
0.707 10.4 14.8 12.4 17.6 1.060 0.960
0.795
7.8
7.3
8.3 10.4 1.100 1.020
0.880 15.8 15.2 16.1 18.3 2.780 2.400
0.449
2.4
2.4
2.5 5.6 0.860 0.840
0.996
4.1
4.9
9.4 9.4 1.270 1.220
0.667
8.0
5.5
6.2 9.3 1.080 1.000
0.959
5.7
7.2 10.0 10.4 0.740 0.700
0.780
7.6
7.6
7.4 9.4 1.270 1.180
n/a
9.6
7.2
7.0
n/a 0.800 0.730
1.455 30.6 36.5 29.3 20.1 0.470 0.360
1.337
8.4
9.2
9.1 6.8 11.600 10.700
1.006
8.5
7.4
5.5 5.4 0.904 0.833
0.463
2.9
4.7
4.6 9.9 0.700 0.680
0.386
4.3
6.2
8.1 21.0 2.420 2.320
0.386
4.3
6.2
8.1 21.0 2.420 2.320
n/a
5.2 12.8 11.4
n/a 1.620 1.540
n/a 18.2 20.1 18.8
n/a 1.040 0.880
n/a 11.6
7.9 11.8
n/a 4.840 4.336
0.572 10.8
8.1
6.3 11.0 0.410 0.370
0.766
4.7
3.2
4.1 5.3 4.425 4.225
0.956 12.3 10.1
9.9 10.3 1.280 1.140

(DGR=Dividend Growth Rate)

2012 2011 # 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
0.360 0.300
0.270 0.257 0.247 0.233 0.220 0.213 0.207 0.193 0.180 0.173
0.060 0.052
0.048 0.045 0.043 0.040 0.037 0.035 0.026 0.012 0.012 0.012
1.485 1.125
0.825 0.750 0.500 0.420 0.350 0.300 0.000 0.000 0.000 0.000
1.920 1.360
1.280 1.150 1.090 1.040 0.960 0.880 0.800 0.740 0.680 0.560
0.280 0.250
0.210 0.200 0.170 0.150 0.120 0.100 0.040 0.000 0.000 0.000
1.840 1.800
1.760 1.720 1.680 1.640 1.480 1.300 1.150 1.110 1.080 1.080
1.520 1.220
0.940 0.700 0.520 0.340 0.270 0.225 0.175 0.120 0.000 0.000
0.775 0.635
0.560 0.500 0.480 0.420 0.345 0.310 0.293 0.283 0.270 0.260
2.723 2.275
1.900 1.685 1.318 1.030 0.430 0.000 0.000 0.000 0.000 0.000
2.081 1.814
1.603 1.475 1.265 1.100 0.960 0.788 0.622 0.525 0.500 0.500
1.800 1.700
1.580 1.500 1.400 1.270 1.150 1.050 1.013 1.000 2.000 2.000
0.150 0.120
0.100 0.080 0.070 0.060 0.050 0.040 0.020 0.010 0.010 0.010
3.163 2.925
2.785 2.650 2.530 2.410 2.300 2.230 2.200 2.200 2.200 2.200
1.430 0.870
0.710 0.680 0.660 0.560 0.440 0.110 0.000 0.000 0.000 0.000
0.600 0.460
0.340 0.240 0.163 0.113 0.063 0.031 0.025 0.025 0.025 0.006
0.339 0.273
0.223 0.182 0.140 0.074 0.000 0.000 0.000 0.000 0.000 0.000
1.200 0.970
0.860 0.800 0.780 0.720 0.600 0.360 0.220 0.040 0.000 0.000
0.400 0.293
0.238 0.232 0.217 0.147 0.118 0.110 0.103 0.097 0.087 0.087
0.880 0.800
0.660 0.600 0.560 0.500 0.420 0.350 0.220 0.125 0.120 0.110
0.536 0.504
0.472 0.440 0.408 0.384 0.355 0.320 0.294 0.274 0.258 0.242
0.947 0.922
0.869 0.844 0.829 0.786 0.763 0.726 0.682 0.622 0.562 0.492
0.796 0.762
0.753 0.723 0.707 0.664 0.613 0.581 0.553 0.533 0.516 0.493
0.810 0.700
0.630 0.590 0.540 0.460 0.380 0.310 0.210 0.000 0.000 0.000
0.940 0.890
0.820 0.740 0.660 0.580 0.500 0.450 0.410 0.370 0.330 0.310
2.100 1.820
1.560 1.320 1.080 0.880 0.740 0.620 0.520 0.240 0.000 0.000
0.820 0.800
0.780 0.760 0.740 0.700 0.640 0.580 0.500 0.480 0.440 0.400
1.160 1.100
1.000 0.810 0.690 0.595 0.570 0.545 0.515 0.490 0.480 0.480
0.960 0.920
0.840 0.800 0.740 0.660 0.600 0.575 0.445 0.070 0.000 0.000
0.660 0.600
0.520 0.460 0.400 0.340 0.310 0.290 0.275 0.265 0.255 0.250
1.100 1.020
0.940 0.890 0.820 0.740 0.660 0.580 0.515 0.455 0.380 0.360
0.700 0.650
0.610 0.570 0.560 0.510 0.455 0.190 0.000 0.000 0.000 0.000
0.250 0.185
0.150 0.130 0.125 0.108 0.100 0.093 0.075 0.058 0.039 0.029
9.700 8.900
7.900 7.500 7.300 6.800 6.500 6.300 6.000 5.500 5.000 4.500
0.780 0.730
0.697 0.693 0.680 0.637 0.603 0.560 0.533 0.507 0.507 0.507
0.650 0.610
0.570 0.560 0.530 0.430 0.340 0.300 0.273 0.200 0.000 0.000
2.240 2.020
1.740 1.640 1.400 0.940 0.720 0.560 0.360 0.310 0.260 0.261
2.240 2.020
1.740 1.640 1.400 0.940 0.720 0.560 0.360 0.160 0.000 0.000
1.470 1.130
0.990 0.945 0.875 0.750 0.550 0.300 0.000 0.000 0.000 0.000
0.720 0.600
0.530 0.440 0.440 0.380 0.290 0.067 0.000 0.000 0.000 0.000
4.222 3.852
3.233 2.776 2.648 2.352 1.799 1.631 0.000 0.000 0.000 0.000
0.345 0.325
0.313 0.303 0.285 0.250 0.210 0.170 0.145 0.115 0.090 0.080
4.150 4.025
3.825 3.625 3.425 3.225 3.025 2.825 2.638 2.538 2.500 2.450
1.040 0.960
0.880 0.800 0.720 0.660 0.620 0.560 0.480 0.420 0.385 0.000

Amounts in Red indicate no increase during year

# Column on right excludes amount normally paid in following year but accelerated; included next year (column o

Dividends Paid by Year

(excluding Special/Extra Dividends)


*A/D=Acceleration/Deceleration (5-year average increase divided by 10-year average increase)

Contenders

(and American Depository Receipts)

(DGR=Dividend Growth Rate)

5/10 DGR DGR DGR DGR


A/D*
1-yr 3-yr 5-yr 10-yr
0.425
2.1
6.0
8.3 19.5
0.774
5.7
5.8
4.6 6.0
0.873
9.0 11.3 15.2 17.4
1.373 70.6 32.0 33.8 24.6
0.668 11.7 16.3 20.8 31.1
1.072 10.1 10.1 18.9 17.6
1.169
9.5 13.7 13.1 11.2
0.713 11.1 13.0
9.1 12.8
0.852
1.9
3.5
5.9 7.0
0.505 14.5
6.3
4.6 9.0
1.049
5.9 10.9
9.1 8.6
1.382
3.9
5.4
5.0 3.6
1.482 10.7 22.2 40.1 27.0
1.338 29.3 16.1 11.4 8.5
0.946
3.6
4.5
5.3 5.6
1.123 10.1 10.1 11.1 9.9
0.924
5.2 11.7 14.0 15.2
0.879 14.1 14.1 14.5 16.4
1.508 40.0 56.7 34.3 22.8
0.782
8.6
8.7
9.5 12.2
0.656
6.8 12.1 16.5 25.2
0.501
2.5
3.5
3.5 7.0
1.252 22.2 30.1 29.3 23.4
n/a 30.0 21.0 32.6
n/a
0.498
4.8 13.6 19.6 39.3
0.952 11.6 13.5 14.7 15.4
1.368
5.4
4.2
3.9 2.8
n/a
6.4
6.9 19.7
n/a
1.031
6.7
6.8
6.5 6.3
0.477
3.4
3.2
3.4 7.0
0.474
1.8
2.9
3.4 7.1
0.440
1.9
2.0
2.2 5.1
0.334
2.2
1.5
1.7 5.1
1.100 19.6 16.3 14.5 13.1
0.465
5.2
3.5
2.7 5.9
1.331
2.6
8.6 14.3 10.7
n/a 15.0
8.5
7.3
n/a
0.572
4.3
4.6
4.8 8.4
0.870
5.9
5.9
5.7 6.6
0.508 39.7 17.2 12.4 24.4
0.378 26.5 19.8 19.6 51.9
0.855
6.1
6.5
4.1 4.8
1.095
6.8 12.6 10.6 9.6

10-24 Straight Years Higher Dividends

Company
Ticker
Name
Symbol
C.H. Robinson Worldwide CHRW
Cambridge Bancorp
CATC
Canadian National RailwayCNI
Canadian Natural Resources
CNQ
Cardinal Health Inc.
CAH
Casey's General Stores Inc.CASY
Cass Information Systems In
CASS
Caterpillar Inc.
CAT
CCFNB Bancorp Inc.
CCFN
CenterPoint Energy
CNP
Chesapeake Financial Share
CPKF
Chesapeake Utilities
CPK
Church & Dwight
CHD
Citizens Financial Services CZFS
Community Bank System CBU
Compass Minerals Internatio
CMP
ConocoPhillips
COP
Costco Wholesale
COST
Cracker Barrel Old CountryCBRL
Crane Company
CR
CSX Corp.
CSX
Cullen/Frost Bankers
CFR
CVS Health Corp.
CVS
Daktronics Inc.
DAKT
Darden Restaurants
DRI
Deere & Company
DE
Delta Natural Gas
DGAS
Digital Realty Trust
DLR
Dominion Resources
D
Donegal Group Inc. A
DGICA
Donegal Group Inc. B
DGICB
Duke Energy Corp.
DUK
Eagle Bancorp Montana Inc.
EBMT
Ecolab Inc.
ECL
Edison International
EIX
Enbridge Inc.
ENB
Energy Transfer Equity LP ETE
Enterprise Bancorp Inc.
EBTC
Enterprise Products Partners
EPD
EOG Resources Inc.
EOG
Equity LifeStyle Properties ELS
Essex Property Trust
ESS
Eversource Energy
ES

2014 2013 # 2012 2011 # 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
1.430 1.400
1.340 1.200 # 1.040 0.960 0.880 0.720 0.520 0.300 0.240 0.160 0.120 0.100
1.680 1.590
1.500 1.420
1.400 1.340 1.280 1.180 1.060 1.010 0.940 0.880 0.840 0.767
0.905 0.830
0.750 0.657
0.524 0.446 0.434 0.393 0.288 0.241 0.181 0.167 0.143 0.130
0.802 0.470
0.404 0.349
0.292 0.187 0.187 0.160 0.132 0.104 0.089 0.075 0.062 0.038
1.290 1.155
0.905 0.820
0.740 0.502 0.373 0.302 0.215 0.129 0.086 0.079 0.072 0.065
0.760 0.690
0.630 0.570
0.405 0.320 0.280 0.230 0.190 0.170 0.150 0.120 0.100 0.080
0.810 0.740
0.627 0.551
0.479 0.438 0.405 0.361 0.331 0.291 0.280 0.255 0.237 0.231
2.600 2.340 # 1.960 1.800
1.720 1.680 1.560 1.320 1.100 0.910 0.780 0.710 0.700 0.690
1.375 1.350
1.300 1.240
1.180 1.030 0.900 0.820 0.780 0.740 0.700 0.660 0.630 0.590
0.950 0.830
0.810 0.790
0.780 0.760 0.730 0.680 0.600 0.300 0.400 0.793 1.070 1.500
0.450 0.425
0.375 0.330
0.299 0.292 0.281 0.243 0.223 0.211 0.197 0.165 0.142 0.131
1.053 1.013
0.947 0.900
0.860 0.827 0.800 0.780 0.767 0.753 0.740 0.733 0.733 0.727
1.240 1.120
0.960 0.680
0.310 0.230 0.170 0.150 0.130 0.120 0.113 0.103 0.100 0.095
1.562 1.208
1.123 1.000
0.957 0.911 0.865 0.820 0.777 0.732 0.689 0.648 0.591 0.548
1.140 1.100
1.060 1.000
0.920 0.880 0.850 0.810 0.770 0.730 0.660 0.595 0.550 0.540
2.400 2.180
1.980 1.800
1.560 1.420 1.340 1.280 1.220 1.100 0.938 0.000 0.000 0.000
2.840 2.700
2.338 2.035
1.657 1.472 1.449 1.264 1.110 0.910 0.690 0.628 0.570 0.540
1.375 1.205
1.065 0.925
0.795 0.700 0.625 0.565 0.505 0.445 0.300 0.000 0.000 0.000
3.500 2.500
1.400 0.910
0.820 0.800 0.740 0.600 0.530 0.490 0.450 0.110 0.020 0.020
1.260 1.160
1.080 0.980
0.860 0.800 0.760 0.660 0.550 0.450 0.400 0.400 0.400 0.400
0.630 0.590
0.540 0.447
0.327 0.293 0.257 0.180 0.110 0.072 0.067 0.067 0.067 0.133
2.030 1.980
1.900 1.830
1.780 1.710 1.660 1.540 1.320 1.165 1.035 0.940 0.875 0.840
1.100 0.900
0.650 0.500
0.350 0.304 0.258 0.229 0.156 0.146 0.134 0.116 0.116 0.116
0.390 0.300
0.230 0.220
0.100 0.095 0.090 0.070 0.060 0.050 0.000 0.000 0.000 0.000
2.200 2.100
1.860 1.500
1.140 0.900 0.760 0.590 0.430 0.240 0.080 0.080 0.067 0.053
2.220 1.990
1.790 1.520
1.160 1.120 1.060 0.910 0.780 0.605 0.530 0.440 0.440 0.440
0.780 0.740
0.710 0.690
0.665 0.645 0.630 0.615 0.605 0.595 0.590 0.590 0.585 0.575
3.320 3.120
2.920 2.720
1.940 1.350 1.240 1.145 1.060 0.888 0.000 0.000 0.000 0.000
2.400 2.250
2.110 1.970
1.830 1.750 1.580 1.460 1.380 1.340 1.300 1.290 1.290 1.290
0.522 0.505
0.488 0.475
0.458 0.443 0.405 0.353 0.323 0.293 0.264 0.124 0.000 0.000
0.463 0.455
0.438 0.425
0.408 0.393 0.355 0.303 0.274 0.250 0.233 0.219 0.203 0.203
3.150 3.090
3.030 2.970
2.910 2.820 2.700 2.580 2.197 2.040 1.918 1.918 1.918 1.918
0.295 0.289
0.285 0.283
0.277 0.271 0.261 0.242 0.221 0.200 0.179 0.153 0.121 0.089
1.100 0.920 # 0.800 0.700
0.620 0.560 0.520 0.460 0.400 0.350 0.320 0.290 0.270 0.260
1.420 1.350
1.300 1.280
1.260 1.240 1.220 1.160 1.080 1.000 0.800 0.000 0.000 0.000
1.268 1.236
1.131 0.990
0.824 0.651 0.625 0.579 0.511 0.472 0.458 0.415 0.380 0.350
1.499 1.304
1.250 1.175
1.080 1.053 0.975 0.730 0.305 0.000 0.000 0.000 0.000 0.000
0.480 0.460
0.440 0.420
0.400 0.380 0.360 0.320 0.280 0.240 0.215 0.190 0.165 0.144
1.430 1.350
1.266 1.203
1.143 1.083 1.023 0.958 0.898 0.830 0.756 0.721 0.664 0.578
0.512 0.366
0.335 0.318
0.305 0.285 0.233 0.165 0.110 0.075 0.058 0.045 0.040 0.039
1.225 0.969
0.844 0.713
0.600 0.500 0.375 0.263 0.125 0.044 0.019 0.980 0.935 0.875
5.020 4.730
4.340 4.153
4.128 4.110 3.990 3.630 3.330 3.220 3.150 3.110 3.010 2.790
1.570 1.470
1.323 1.100
1.025 0.950 0.825 0.775 0.725 0.675 0.625 0.575 0.525 0.450

Amounts in Red indicate no increase during year

# Column on right excludes amount normally paid in following year but accelerated; included next year (column o

Dividends Paid by Year

(excluding Special/Extra Dividends)


*A/D=Acceleration/Deceleration (5-year average increase divided by 10-year average increase)

Contenders

(and American Depository Receipts)

Company
Ticker
Name
Symbol
Expeditors International
EXPD
Factset Research System InFDS
Farmers & Merchants Banco
FMCB
Farmers and Merchants Ban
FMAO
Fastenal Company
FAST
FedEx Corp.
FDX
First Keystone Corp.
FKYS
First of Long Island Corp. FLIC
First Robinson Financial Corp
FRFC
Flowers Foods
FLO
Franklin Electric Co.
FELE
Gap Inc.
GPS
General Dynamics
GD
General Mills
GIS
Genesis Energy LP
GEL
Graco Inc.
GGG
Hanover Insurance Group (T
THG
Harris Corp.
HRS
Hasbro Inc.
HAS
Hawkins Inc.
HWKN
HCC Insurance Holdings HCC
HDFC Bank Limited
HDB
Health Care REIT Inc.
HCN
Healthcare Services Group HCSG
I
Holly Energy Partners LP HEP
Honat Bancorp Inc.
HONT
Imperial Oil Ltd.
IMO
Infinity Property & CasualtyIPCC
Inmarsat plc
IMASF
International Business MachIBM
International Flavors & Fragra
IFF
International Speedway Corp
ISCA
ITC Holdings Corp.
ITC
J&J Snack Foods Corp.
JJSF
J.M. Smucker Co.
SJM
Jack Henry & Associates JKHY
JB Hunt Transport ServicesJBHT
John Wiley & Sons Inc.
JW-A
Kellogg Company
K
L-3 Communications Holding
LLL
Laclede Group Inc.
LG
Landmark Bancorp Inc.
LARK
Landstar System Inc.
LSTR

10-24 Straight Years Higher Dividends

# Column on right excludes amount normally paid in following year but accelerated; included next year (column o

5/10 DGR DGR DGR DGR


Amounts in Red indicate no increase during year
A/D*
1-yr 3-yr 5-yr 10-yr 2014 2013 # 2012 2011 # 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
0.571
6.7
8.6 11.0 19.3 0.640 0.600
0.560 0.500
0.400 0.380 0.320 0.280 0.220 0.150 0.110 0.080 0.060 0.050
0.600 11.8 13.5 14.3 23.8 1.520 1.360
1.200 1.040
0.890 0.780 0.660 0.420 0.230 0.200 0.180 0.153 0.127 0.100
0.474
1.6
2.6
2.9 6.2 12.600 12.400
12.000 11.650
11.250 10.900 10.200 9.150 8.250 7.600 6.900 6.100 5.500 5.350
n/a
5.0
3.4
3.1
n/a 0.840 0.800
0.770 0.760
0.720 0.720 0.660 0.630 0.588 0.475 0.000 0.125 0.225 0.350
0.876 25.0 24.0 22.7 25.9 1.000 0.800
0.740 0.525
0.420 0.360 0.260 0.220 0.200 0.155 0.100 0.053 0.013 0.011
0.974 20.7 11.1
9.7 10.0 0.700 0.580
0.540 0.510
0.470 0.440 0.430 0.390 0.350 0.310 0.270 0.210 0.150 0.000
0.644
1.0
2.7
2.7 4.2 1.050 1.040
1.010 0.970
0.930 0.920 0.890 0.880 0.849 0.781 0.698 0.622 0.540 0.490
0.653
4.9
6.0
7.5 11.4 0.707 0.673
0.627 0.593
0.547 0.493 0.420 0.378 0.300 0.280 0.240 0.227 0.191 0.169
0.599
5.0
5.3
5.6 9.3 1.050 1.000
0.950 0.900
0.850 0.800 0.750 0.650 0.550 0.500 0.430 0.400 0.340 0.330
0.565
9.2
7.6 10.1 17.9 0.485 0.444
0.420 0.389
0.344 0.300 0.256 0.185 0.141 0.114 0.094 0.059 0.007 0.000
0.810 13.9
9.1
6.8 8.4 0.348 0.305
0.285 0.268
0.258 0.250 0.248 0.235 0.215 0.190 0.155 0.138 0.128 0.118
0.805 37.6 25.3 20.4 25.3 0.860 0.625
0.488 0.438
0.385 0.340 0.335 0.320 0.285 0.158 0.090 0.090 0.090 0.090
0.771 10.5
9.8 10.2 13.2 2.420 2.190 # 2.000 1.830
1.640 1.490 1.340 1.100 0.890 0.780 0.700 0.630 0.590 0.550
1.158 13.4 11.2 12.3 10.7 1.610 1.420
1.270 1.170
1.050 0.900 0.825 0.760 0.690 0.640 0.585 0.550 0.550 0.550
0.735 10.7 10.6 10.3 14.0 2.230 2.015
1.823 1.650
1.490 1.365 1.223 0.930 0.740 0.610 0.600 0.350 0.800 0.800
0.673 10.0
9.4
7.7 11.4 1.100 1.000
0.900 0.840
0.800 0.760 0.740 0.660 0.580 0.520 0.373 0.221 0.193 0.178
n/a 11.8 10.6 15.2
n/a 1.520 1.360
1.230 1.125
1.000 0.750 0.450 0.400 0.300 0.250 0.000 0.000 0.000 0.250
0.697 12.7 18.9 16.2 23.3 1.780 1.580
1.400 1.060
0.940 0.840 0.700 0.520 0.380 0.280 0.220 0.180 0.130 0.100
0.696
8.3 13.7 16.1 23.2 1.690 1.560 # 1.380 1.150
0.950 0.800 0.760 0.600 0.450 0.330 0.210 0.120 0.120 0.120
0.871
5.7
5.0
6.5 7.5 0.740 0.700
0.660 0.640
0.580 0.540 0.500 0.460 0.420 0.380 0.360 0.360 0.300 0.300
0.821 34.7 18.0 13.7 16.7 0.970 0.720
0.630 0.590
0.550 0.510 0.455 0.410 0.350 0.263 0.207 0.190 0.169 0.162
n/a 23.5 15.3 22.5
n/a 0.341 0.276
0.234 0.223
0.153 0.124 0.118 0.104 0.072 0.055 0.000 0.000 0.000 0.000
1.088
3.9
3.9
3.2 2.9 3.180 3.060
2.960 2.835
2.740 2.720 2.700 2.640 2.560 2.460 2.385 2.340 2.340 2.340
0.288
3.0
3.1
7.0 24.4 0.693 0.673
0.653 0.633
0.595 0.493 0.387 0.280 0.204 0.123 0.078 0.026 0.000 0.000
n/a
6.2
5.9
5.6
n/a 2.044 1.925
1.808 1.720
1.640 1.560 1.480 1.393 1.293 0.588 0.000 0.000 0.000 0.000
1.069
4.0 16.0 12.6 11.8 1.040 1.000
0.833 0.667
0.600 0.575 0.517 0.463 0.413 0.375 0.342 0.000 0.000 0.000
1.014
2.6
2.8
5.1 5.0 0.480 0.468
0.466 0.442
0.418 0.374 0.362 0.350 0.320 0.313 0.293 0.290 0.280 0.275
1.189 20.0 26.0 24.6 20.7 1.440 1.200
0.900 0.720
0.560 0.480 0.440 0.360 0.300 0.240 0.220 0.165 0.000 0.000
n/a
5.0
7.6
9.0
n/a 0.475 0.452
0.419 0.381
0.346 0.309 0.295 0.276 0.216 0.055 0.000 0.000 0.000 0.000
0.739 14.9 13.6 14.6 19.8 4.250 3.700
3.300 2.900
2.500 2.150 1.900 1.500 1.100 0.780 0.700 0.630 0.590 0.550
1.111 16.3 13.6 10.4 9.4 1.640 1.410 # 1.270 1.120
1.020 1.000 0.940 0.860 0.740 0.720 0.670 0.620 0.600 0.600
0.765
9.1 10.1 11.4 14.9 0.240 0.220
0.200 0.180
0.160 0.140 0.120 0.100 0.080 0.060 0.060 0.060 0.060 0.060
n/a 14.0 10.0
7.9
n/a 0.610 0.535
0.487 0.458
0.437 0.417 0.397 0.377 0.358 0.175 0.000 0.000 0.000 0.000
n/a 100.0 40.7 26.8
n/a 1.280 0.640 # 0.520 0.460
0.430 0.390 0.370 0.340 0.300 0.250 0.000 0.000 0.000 0.000
1.281 10.9
9.9 12.2 9.6 2.440 2.200
2.000 1.840
1.550 1.370 1.260 1.180 1.110 1.060 0.980 0.890 0.720 0.640
1.127 20.5 28.0 20.9 18.6 0.880 0.730
0.460 0.420
0.380 0.340 0.300 0.260 0.220 0.180 0.160 0.140 0.140 0.120
0.381 33.3 15.4 12.7 33.3 0.800 0.600 # 0.560 0.520
0.480 0.440 0.400 0.360 0.320 0.240 0.045 0.000 0.000 0.000
1.029 10.2 14.5 14.9 14.5 1.080 0.980 # 0.880 0.720
0.600 0.540 0.480 0.420 0.380 0.330 0.280 0.230 0.190 0.170
0.897
5.6
4.4
5.8 6.5 1.900 1.800
1.740 1.670
1.560 1.430 1.300 1.200 1.140 1.060 1.010 1.010 1.010 1.010
0.611
9.1 11.6 12.3 20.1 2.400 2.200
1.960 1.728
1.536 1.344 1.152 0.960 0.720 0.480 0.384 0.000 0.000 0.000
1.036
3.5
2.8
2.7 2.6 1.760 1.700
1.660 1.620
1.580 1.540 1.500 1.460 1.420 1.380 1.360 1.340 1.340 1.340
0.810
5.0
5.0
5.0 6.2 0.724 0.689
0.657 0.625
0.595 0.567 0.540 0.514 0.438 0.417 0.398 0.368 0.324 0.303
n/a
4.0
7.4
8.9
n/a 0.260 0.250 # 0.230 0.210
0.190 0.170 0.155 0.135 0.110 0.050 0.000 0.000 0.000 0.000

(DGR=Dividend Growth Rate)

Dividends Paid by Year

(excluding Special/Extra Dividends)


*A/D=Acceleration/Deceleration (5-year average increase divided by 10-year average increase)

Contenders

(and American Depository Receipts)

(DGR=Dividend Growth Rate)

5/10 DGR DGR DGR DGR


A/D*
1-yr 3-yr 5-yr 10-yr
1.058 15.0 14.1 11.2 10.6
1.586 116.3 44.7 27.9 17.6
0.323
3.8
4.0
4.2 12.9
0.945 14.9 19.1 18.6 19.7
1.124 17.4 14.7 11.9 10.6
1.065 19.4 17.2 12.0 11.3
1.121 13.7 18.8 19.9 17.8
1.080 12.2 11.7 11.7 10.8
0.505
8.0
7.9
6.2 12.3
0.298
2.1
2.1
2.5 8.5
0.619
2.9
3.0
2.7 4.4
1.021
6.1 14.7 14.0 13.7
0.735
7.0
7.6
8.3 11.3
0.041
0.6
0.9
1.0 23.5
0.789 18.6 19.1 17.2 21.8
0.920 11.8 13.8
9.0 9.8
0.758
1.1
3.7
4.1 5.4
n/a 16.3 13.7 22.7
n/a
0.558 14.5 16.0 11.5 20.5
0.773 13.0 15.2 11.7 15.1
0.950 10.0
9.5
8.9 9.3
0.656 13.9 11.8
9.0 13.7
1.045
0.9
4.2
6.1 5.8
1.091
7.4
7.5
6.7 6.2
0.426
6.5
4.4
5.7 13.4
n/a
9.1 10.1 11.4
n/a
0.944
5.6
5.9
6.6 7.0
n/a 27.5 28.4 37.4
n/a
1.070
9.8
9.6
8.9 8.4
0.829 14.3 15.7 13.5 16.3
0.516
8.8 10.2 10.3 20.0
1.037
2.6
3.6
3.4 3.3
0.941 13.9 12.1 12.2 12.9
n/a
5.3
3.6
3.6
n/a
0.555
4.9
4.4
4.1 7.4
1.561 15.0 32.7 24.6 15.7
0.927 13.7 16.7 16.4 17.7
0.675
5.4
5.7
6.1 9.0
1.010
8.6
9.2 11.0 10.9
1.303 64.4 31.1 24.3 18.7
1.044
4.9
9.0
6.8 6.5
0.787
4.2
7.7 10.3 13.0
1.177 10.2 17.3 14.3 12.1

10-24 Straight Years Higher Dividends

Company
Ticker
Name
Symbol
Lincoln Electric Holdings LECO
Lindsay Corp.
LNN
Linear Technology Corp. LLTC
Lockheed Martin
LMT
Lyons Bancorp Inc.
LYBC
Magellan Midstream Partners
MMP
Marketing Alliance Inc.
MAAL
Matthews International
MATW
Maxim Integrated Products MXIM
McGrath Rentcorp
MGRC
MDU Resources
MDU
Meredith Corp.
MDP
Mesa Laboratories Inc.
MLAB
Microchip Technology Inc. MCHP
Microsoft Corp.
MSFT
Minden Bancorp Inc.
MDNB
MOCON Inc.
MOCO
Monro Muffler Brake Inc. MNRO
Monsanto Company
MON
MSC Industrial Direct Co. Inc.
MSM
Muncy Bank Financial Inc. MYBF
Murphy Oil Corp.
MUR
National Bankshares
NKSH
National Health Investors NHI
National Healthcare Corp. NHC
National Interstate Corp. NATL
New Jersey Resources
NJR
NewMarket Corp.
NEU
NextEra Energy
NEE
Nike Inc.
NKE
Norfolk Southern
NSC
Northeast Indiana Bancorp NIDB
Northrop Grumman
NOC
NorthWestern Corp.
NWE
Norwood Financial
NWFL
Nu Skin Enterprises Inc. NUS
Occidental Petroleum
OXY
Oil-Dri Corp. of America ODC
Omega Healthcare Investors
OHI
ONEOK Inc.
OKE
ONEOK Partners LP
OKS
Owens & Minor Inc.
OMI
Pall Corp.
PLL

2014 2013 # 2012 2011 # 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
0.920 0.800 # 0.680 0.620
0.560 0.540 0.500 0.440 0.380 0.360 0.335 0.320 0.300 0.295
1.060 0.490
0.410 0.350
0.330 0.310 0.290 0.270 0.250 0.230 0.210 0.170 0.140 0.140
1.080 1.040 # 1.000 0.960
0.920 0.880 0.840 0.720 0.600 0.400 0.320 0.230 0.190 0.150
5.490 4.780
4.150 3.250
2.640 2.340 1.830 1.470 1.250 1.050 0.910 0.580 0.440 0.440
1.370 1.167 # 1.167 0.907
0.840 0.780 0.753 0.720 0.667 0.573 0.500 0.387 0.273 0.187
2.505 2.098
1.784 1.556
1.454 1.420 1.361 1.247 1.143 0.983 0.860 0.766 0.645 0.358
0.180 0.158
0.132 0.107
0.088 0.073 0.066 0.054 0.047 0.038 0.035 0.027 0.007 0.019
0.460 0.410
0.370 0.330
0.290 0.265 0.245 0.225 0.205 0.185 0.165 0.124 0.106 0.101
1.080 1.000
0.920 0.860
0.820 0.800 0.775 0.688 0.563 0.425 0.340 0.220 0.020 0.000
0.975 0.955
0.935 0.915
0.895 0.860 0.780 0.700 0.620 0.530 0.430 0.390 0.340 0.310
0.710 0.690 # 0.670 0.650
0.630 0.620 0.590 0.550 0.515 0.487 0.460 0.433 0.413 0.396
1.730 1.630
1.530 1.148
0.920 0.900 0.860 0.740 0.640 0.560 0.480 0.380 0.360 0.340
0.610 0.570
0.530 0.490
0.450 0.410 0.400 0.320 0.290 0.250 0.210 0.050 0.000 0.000
1.423 1.415
1.402 1.386 # 1.370 1.357 1.327 1.150 0.890 0.450 0.173 0.098 0.020 0.000
1.150 0.970
0.830 0.680
0.550 0.520 0.460 0.410 0.370 0.320 0.160 0.240 0.000 0.000
0.380 0.340 # 0.300 0.258
0.253 0.247 0.230 0.224 0.201 0.178 0.149 0.086 0.000 0.000
0.440 0.435
0.415 0.395
0.375 0.360 0.330 0.310 0.300 0.280 0.260 0.255 0.240 0.240
0.500 0.430 # 0.390 0.340
0.247 0.180 0.160 0.142 0.107 0.044 0.000 0.000 0.000 0.000
1.780 1.555
1.275 1.140
1.075 1.035 0.830 0.550 0.400 0.340 0.275 0.250 0.240 0.225
1.390 1.230 # 1.050 0.910
0.840 0.800 0.760 0.680 0.560 0.460 0.340 0.100 0.000 0.000
0.880 0.800
0.760 0.670
0.605 0.575 0.550 0.505 0.480 0.460 0.360 0.340 0.320 0.300
1.325 1.163
1.012 0.947
0.904 0.861 0.753 0.581 0.452 0.387 0.366 0.344 0.334 0.323
1.130 1.120
1.100 1.000
0.910 0.840 0.800 0.760 0.730 0.710 0.640 0.565 0.485 0.430
3.045 2.835
2.620 2.450
2.305 2.200 2.150 1.980 1.890 1.775 1.675 1.550 1.500 0.000
1.320 1.240
1.200 1.160
1.080 1.000 0.900 0.780 0.660 0.550 0.375 0.000 0.000 0.000
0.480 0.440
0.400 0.360
0.320 0.280 0.240 0.200 0.160 0.080 0.000 0.000 0.000 0.000
0.855 0.810
0.770 0.720
0.680 0.620 0.547 0.507 0.480 0.453 0.433 0.413 0.400 0.391
4.400 3.450
3.000 2.080
1.500 0.900 0.800 0.500 0.375 0.000 0.000 0.000 0.000 0.000
2.900 2.640
2.400 2.200
2.000 1.890 1.780 1.640 1.500 1.420 1.300 1.200 1.160 1.120
0.960 0.840
0.750 0.620
0.560 0.510 0.470 0.393 0.325 0.265 0.213 0.155 0.125 0.120
2.220 2.040
1.940 1.660
1.400 1.360 1.220 0.960 0.680 0.480 0.360 0.300 0.260 0.240
0.785 0.765
0.730 0.705
0.685 0.665 0.660 0.645 0.640 0.610 0.570 0.530 0.490 0.450
2.710 2.380
2.150 1.925
1.662 1.527 1.418 1.337 1.048 0.913 0.804 0.723 0.723 0.723
1.600 1.520
1.480 1.440
1.360 1.340 1.320 1.280 1.240 1.000 0.000 0.000 0.000 0.000
1.200 1.144
1.091 1.055
1.018 0.982 0.909 0.836 0.745 0.623 0.589 0.554 0.508 0.462
1.380 1.200
0.800 0.590
0.500 0.460 0.440 0.420 0.400 0.360 0.320 0.280 0.240 0.200
2.699 2.374
2.008 1.699
1.419 1.264 1.168 0.907 0.772 0.623 0.531 0.502 0.483 0.483
0.780 0.740 # 0.700 0.660
0.620 0.580 0.540 0.500 0.432 0.360 0.328 0.296 0.288 0.288
2.020 1.860
1.690 1.550
1.370 1.200 1.190 1.080 0.960 0.850 0.720 0.150 0.000 0.000
2.125 1.292
1.109 0.943
0.795 0.716 0.681 0.611 0.533 0.476 0.384 0.301 0.271 0.271
3.010 2.870
2.590 2.325
2.230 2.165 2.103 1.990 1.800 1.600 1.600 1.600 1.600 1.494
1.000 0.960
0.880 0.800
0.707 0.613 0.533 0.453 0.400 0.347 0.293 0.233 0.207 0.182
1.130 1.025
0.880 0.700
0.640 0.580 0.510 0.480 0.440 0.400 0.360 0.360 0.440 0.680

Amounts in Red indicate no increase during year

# Column on right excludes amount normally paid in following year but accelerated; included next year (column o

Dividends Paid by Year

(excluding Special/Extra Dividends)


*A/D=Acceleration/Deceleration (5-year average increase divided by 10-year average increase)

Contenders

(and American Depository Receipts)

(DGR=Dividend Growth Rate)

5/10 DGR DGR DGR DGR


A/D*
1-yr 3-yr 5-yr 10-yr
n/a
2.9
5.3 11.8
n/a
1.047
4.7
4.5
7.3 7.0
0.255
1.5
1.6
1.6 6.3
1.163 16.7 13.1 13.0 11.2
0.856
9.7
9.3
7.1 8.3
1.285 14.3 28.7 19.7 15.4
0.241
1.2
2.0
1.5 6.1
0.646
8.3
9.1 10.2 15.8
0.920 11.6 11.1 11.8 12.8
1.178
2.6
6.1
4.8 4.0
0.881 23.8 24.5 19.2 21.7
1.253 10.0 12.4 14.3 11.4
0.964
2.1
8.1
5.0 5.2
0.971
7.7
6.3
5.6 5.8
0.790
3.6
3.7
3.9 4.9
0.634
6.5
6.3
7.0 11.1
0.379
9.8
8.9
6.9 18.1
0.826
8.2
7.1
8.9 10.8
1.239
2.8
2.9
2.9 2.4
0.457
6.9
7.5
7.3 15.9
0.568 12.5
8.7
8.4 14.9
0.906 16.7 14.5 17.6 19.4
1.283 21.2 22.1 19.4 15.1
1.179 17.6 22.1 29.5 25.0
1.132
5.0 24.1 21.3 18.8
0.905
9.2
8.2
8.1 9.0
0.584
3.3
2.6
2.2 3.8
1.354 25.7 26.0 22.4 16.6
1.134
4.8 12.6 11.4 10.1
0.580 18.0 15.9 15.9 27.5
0.525
7.1 10.9
9.6 18.2
1.096
5.0
8.1
9.7 8.8
0.951
3.5
3.6
3.7 3.9
1.107 12.2 12.9 15.1 13.6
0.650
9.4 10.5
9.4 14.5
1.017 18.2 13.5 10.2 10.0
n/a 10.0 11.2 16.5
n/a
n/a
1.9
1.4
1.8
n/a
0.590 15.1 19.2 19.5 33.1
1.133 21.5 21.0 15.8 13.9
0.684 12.9 13.1 16.1 23.6
1.021
6.8
6.0
4.4 4.3
0.725
3.8
2.8
2.8 3.9

10-24 Straight Years Higher Dividends

Company
Ticker
Name
Symbol
Pardee Resource CompanyPDER
PartnerRe Limited
PRE
People's United Financial PBCT
Perrigo Company plc
PRGO
Plains All American PipelinePAA
Polaris Industries
PII
PPL Corp.
PPL
Praxair Inc.
PX
Prosperity Bancshares
PB
PSB Holdings Inc.
PSBQ
Qualcomm Inc.
QCOM
Raytheon Company
RTN
Realty Income Corp.
O
Regal Beloit Corp.
RBC
RenaissanceRe Holdings RNR
Republic Bancorp KY
RBCAA
Republic Services Inc.
RSG
Reynolds American Inc.
RAI
RGC Resources Inc.
RGCO
Ritchie Brothers Auctioneers
RBA
Robert Half International Inc.
RHI
Rollins Inc.
ROL
Roper Industries Inc.
ROP
Ross Stores Inc.
ROST
Royal Gold Inc.
RGLD
Ryder System
R
SCANA Corp.
SCG
SEI Investments Company SEIC
Sempra Energy
SRE
Shire plc
SHPG
Silgan Holdings Inc.
SLGN
South Jersey Industries
SJI
Southern Company
SO
Southside Bancshares
SBSI
Span-America Medical Syste
SPAN
StanCorp Financial Group SFG
Steris Corp.
STE
StoneMor Partners LP
STON
Stryker Corp.
SYK
Sunoco Logistics Partners LP
SXL
Syngenta AG
SYT
Tanger Factory Outlet Cente
SKT
TC Pipelines LP
TCP

2014 2013 # 2012 2011 # 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
7.000 6.800
6.600 6.000
4.400 4.000 3.360 3.000 1.980 0.000 0.000 0.000 0.000 0.000
2.680 2.560
2.480 2.350
2.050 1.880 1.840 1.720 1.600 1.520 1.360 1.200 1.150 1.100
0.658 0.648
0.638 0.628
0.618 0.608 0.583 0.519 0.462 0.406 0.358 0.323 0.301 0.283
0.420 0.360
0.330 0.290
0.258 0.228 0.205 0.185 0.173 0.163 0.145 0.110 0.000 0.000
2.550 2.325
2.120 1.953
1.878 1.812 1.748 1.642 1.436 1.288 1.152 1.094 1.057 0.976
1.920 1.680
1.480 0.900
0.800 0.780 0.760 0.680 0.620 0.560 0.460 0.310 0.280 0.250
1.485 1.468
1.440 1.400
1.395 1.380 1.340 1.220 1.100 0.960 0.820 0.770 0.720 0.530
2.600 2.400
2.200 2.000
1.800 1.600 1.500 1.200 1.000 0.720 0.600 0.458 0.380 0.340
0.960 0.860 # 0.800 0.700
0.620 0.550 0.500 0.450 0.400 0.330 0.288 0.243 0.235 0.190
0.790 0.770 # 0.680 0.662
0.644 0.626 0.608 0.590 0.571 0.553 0.531 0.583 0.466 0.445
1.610 1.300
0.965 0.835
0.740 0.670 0.620 0.540 0.450 0.340 0.225 0.120 0.000 0.000
2.365 2.150
1.930 1.665
1.435 1.210 1.095 1.005 0.940 0.860 0.800 0.800 0.201 0.001
2.192 2.147
1.772 1.737
1.727 1.716 1.701 1.641 1.518 1.395 1.320 1.200 1.170 1.140
0.840 0.780
0.740 0.700
0.660 0.640 0.620 0.580 0.540 0.500 0.480 0.480 0.480 0.480
1.160 1.120
1.080 1.040
1.000 0.960 0.920 0.880 0.840 0.800 0.720 0.600 0.568 0.533
0.726 0.682
0.638 0.605
0.561 0.517 0.473 0.424 0.363 0.306 0.254 0.208 0.172 0.145
1.060 0.965
0.895 0.820
0.770 0.760 0.700 0.490 0.387 0.333 0.200 0.040 0.000 0.000
2.640 2.440
2.330 2.150
1.840 1.725 1.700 1.600 1.375 1.050 0.950 0.950 0.931 0.825
0.740 0.720
0.700 0.680
0.660 0.640 0.625 0.610 0.600 0.590 0.585 0.570 0.570 0.560
0.540 0.505
0.470 0.435
0.410 0.380 0.340 0.300 0.260 0.193 0.123 0.050 0.000 0.000
0.720 0.640
0.600 0.560
0.520 0.480 0.440 0.400 0.320 0.280 0.180 0.000 0.000 0.000
0.280 0.240
0.213 0.187
0.160 0.124 0.112 0.089 0.075 0.059 0.047 0.039 0.026 0.026
0.800 0.660 # 0.550 0.440
0.380 0.330 0.290 0.260 0.235 0.210 0.196 0.176 0.166 0.150
0.800 0.680
0.560 0.440
0.320 0.220 0.190 0.150 0.120 0.105 0.086 0.058 0.048 0.043
0.840 0.800
0.600 0.440
0.360 0.320 0.280 0.260 0.220 0.200 0.150 0.100 0.075 0.050
1.420 1.300
1.200 1.120
1.020 0.960 0.920 0.840 0.720 0.640 0.600 0.600 0.600 0.600
2.085 2.018
1.970 1.930
1.895 1.870 1.820 1.740 1.650 1.535 1.440 1.360 1.275 1.188
0.440 0.350 # 0.300 0.220
0.190 0.160 0.150 0.130 0.115 0.105 0.095 0.065 0.055 0.045
2.610 2.490
2.280 1.830
1.560 1.520 1.330 1.230 1.190 1.120 1.000 1.000 1.000 1.000
0.623 0.528
0.460 0.400
0.345 0.297 0.258 0.222 0.191 0.170 0.055 0.000 0.000 0.000
0.600 0.560
0.480 0.440
0.420 0.380 0.340 0.320 0.240 0.200 0.113 0.000 0.000 0.000
1.890 1.800
1.650 1.498
1.355 1.190 1.080 0.980 0.900 0.850 0.810 0.770 0.750 0.740
2.083 2.013
1.943 1.873
1.803 1.733 1.663 1.595 1.535 1.475 1.415 1.385 1.355 1.210
0.860 0.766
0.700 0.598
0.553 0.426 0.376 0.330 0.294 0.284 0.240 0.203 0.151 0.128
0.580 0.530
0.485 0.430
0.400 0.370 0.350 0.320 0.210 0.170 0.150 0.140 0.125 0.120
1.300 1.100
0.930 0.890
0.860 0.800 0.750 0.720 0.650 0.625 0.500 0.350 0.200 0.150
0.880 0.800
0.720 0.640
0.520 0.410 0.280 0.220 0.170 0.120 0.000 0.000 0.000 0.000
2.430 2.385
2.345 2.330
2.230 2.220 2.120 2.030 1.925 1.900 0.000 0.000 0.000 0.000
1.220 1.060
0.850 0.720
0.600 0.500 0.330 0.220 0.110 0.090 0.070 0.060 0.050 0.040
1.427 1.174
0.918 0.805
0.753 0.685 0.611 0.554 0.504 0.429 0.387 0.331 0.193 0.000
2.268 2.008
1.746 1.566
1.128 1.074 0.961 0.619 0.517 0.423 0.273 0.127 0.096 0.000
0.945 0.885
0.830 0.794
0.773 0.764 0.750 0.710 0.671 0.640 0.623 0.615 0.612 0.610
3.300 3.180
3.100 3.040
2.940 2.870 2.775 2.565 2.325 2.300 2.250 2.150 2.050 1.950

Amounts in Red indicate no increase during year

# Column on right excludes amount normally paid in following year but accelerated; included next year (column o

Dividends Paid by Year

(excluding Special/Extra Dividends)


*A/D=Acceleration/Deceleration (5-year average increase divided by 10-year average increase)

Contenders

(and American Depository Receipts)

354

0.853

9.6

9.6

9.1 10.7

Company
Ticker
Name
Symbol
Teekay LNG Partners LP TGP
Teva Pharmaceutical Industri
TEVA
Texas Instruments
TXN
Texas Pacific Land Trust TPL
Thomasville Bancshares Inc.
THVB
Thomson Reuters Corp. TRI
Tiffany & Company
TIF
TJX Companies Inc.
TJX
Torchmark Corp.
TMK
Transmontaigne Partners LP
TLP
Travelers Companies
TRV
UMB Financial Corp.
UMBF
United Technologies
UTX
Urstadt Biddle Properties UBA
Utah Medical Products Inc. UTMD
Valmont Industries
VMI
Vector Group Ltd.
VGR
Verizon Communications VZ
VSE Corp.
VSEC
W.P. Carey Inc.
WPC
W.R. Berkley Corp.
WRB
Waste Management
WM
West Pharmaceutical Service
WST
Westamerica Bancorp
WABC
Westar Energy
WR
Westlake Chemical Corp. WLK
Westwood Holdings Group WHG
In
Williams Companies
WMB
Williams-Sonoma Inc.
WSM
Wisconsin Energy
WEC
Xcel Energy
XEL
Xilinx Inc.
XLNX
York Water Company
YORW
Yum! Brands Inc.
YUM
Averages for
249

Averages for

(DGR=Dividend Growth Rate)

5/10 DGR DGR DGR DGR


A/D*
1-yr 3-yr 5-yr 10-yr
n/a
2.5
3.2
3.9
n/a
0.831
6.0 14.6 17.5 21.1
0.746 15.9 30.3 22.5 30.1
0.697
8.0
8.7
7.3 10.4
0.586
6.7
7.2
7.8 13.3
0.581
1.5
2.1
3.3 5.7
0.783
9.1 10.1 16.2 20.7
1.017 21.8 23.0 23.3 22.9
1.513 12.1 18.6 14.7 9.7
n/a
2.3
2.4
2.3
n/a
1.248
9.7 10.6 11.8 9.5
0.651
4.7
4.9
5.2 7.9
0.690
7.5
8.2
8.9 12.9
0.630
1.0
1.0
1.0 1.6
0.200
2.0
2.1
1.7 8.4
1.193 31.6 21.9 17.4 14.6
1.000
5.0
5.0
5.0 5.0
0.867
3.1
2.9
2.9 3.3
0.960 11.8 13.5 14.9 15.5
1.687 13.7 19.2 12.7 7.5
0.937 13.2 12.7 12.4 13.2
0.735
2.7
3.3
5.3 7.2
0.897
6.5
5.9
6.1 6.8
0.461
2.0
1.6
1.5 3.3
0.507
2.2
3.1
3.2 6.2
0.789 41.1 61.9 39.5 50.1
0.319 10.0
8.4
8.0 24.9
0.923 36.2 36.2 34.8 37.7
n/a 13.0 25.4 22.1
n/a
1.288
8.0 14.5 18.2 14.2
1.003
7.3
4.8
4.1 4.1
0.607 11.3 13.9 13.2 21.8
0.644
3.5
3.0
2.6 4.0
0.456 10.5 13.7 14.3 31.3
0.826
9.9 10.3 10.0 12.1

10-24 Straight Years Higher Dividends

1.524 1.390

1.269 1.156

1.053 0.984 0.919 0.825 0.733 0.641 0.551 0.491 0.463 0.438

2014 2013 # 2012 2011 # 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
2.767 2.700
2.655 2.520
2.370 2.280 2.180 1.985 1.800 0.649 0.000 0.000 0.000 0.000
1.355 1.278
1.034 0.901
0.748 0.605 0.503 0.385 0.306 0.269 0.201 0.163 0.091 0.065
1.240 1.070
0.710 0.560
0.490 0.450 0.410 0.300 0.130 0.105 0.089 0.085 0.085 0.085
0.270 0.250 # 0.230 0.210
0.200 0.190 0.180 0.160 0.130 0.110 0.100 0.080 0.080 0.080
0.400 0.375
0.350 0.325
0.300 0.275 0.250 0.200 0.150 0.125 0.115 0.113 0.100 0.088
1.320 1.300
1.280 1.240
1.160 1.120 1.080 0.980 0.880 0.790 0.755 0.725 0.705 0.700
1.440 1.320
1.220 1.080
0.870 0.680 0.640 0.470 0.360 0.280 0.220 0.180 0.160 0.160
0.670 0.550
0.440 0.360
0.285 0.235 0.210 0.170 0.135 0.113 0.085 0.068 0.056 0.044
0.493 0.440
0.380 0.296
0.271 0.249 0.244 0.231 0.213 0.196 0.196 0.169 0.160 0.160
2.640 2.580
2.540 2.460
2.390 2.360 2.260 1.900 1.690 0.550 0.000 0.000 0.000 0.000
2.150 1.960
1.790 1.590
1.410 1.230 1.190 1.130 1.010 0.910 0.870 1.160 1.160 1.120
0.900 0.860 # 0.820 0.780
0.740 0.700 0.630 0.550 0.510 0.440 0.420 0.400 0.395 0.381
2.360 2.195
2.030 1.865
1.700 1.540 1.345 1.150 1.025 0.880 0.700 0.568 0.490 0.450
1.010 1.000
0.990 0.980
0.970 0.960 0.950 0.920 0.900 0.880 0.860 0.840 0.820 0.800
1.005 0.985
0.965 0.945
0.940 0.925 0.905 0.885 0.780 0.630 0.450 0.000 0.000 0.000
1.250 0.950
0.810 0.690
0.630 0.560 0.470 0.400 0.360 0.330 0.320 0.310 0.280 0.260
1.543 1.469
1.399 1.333
1.269 1.209 1.151 1.096 1.044 0.995 0.947 0.902 0.859 0.667
2.140 2.075
2.015 1.963
1.913 1.855 1.750 1.645 1.620 1.600 1.540 1.540 1.540 1.540
0.380 0.340
0.300 0.260
0.220 0.190 0.170 0.150 0.130 0.110 0.090 0.080 0.080 0.080
3.615 3.180
2.345 2.132
2.020 1.988 1.938 1.859 1.812 1.780 1.749 1.730 1.714 1.696
0.430 0.380
0.340 0.300
0.270 0.240 0.230 0.200 0.160 0.133 0.124 0.121 0.105 0.103
1.500 1.460
1.420 1.360
1.260 1.160 1.080 0.960 0.880 0.800 0.750 0.010 0.010 0.010
0.410 0.385
0.365 0.345
0.325 0.305 0.285 0.265 0.245 0.225 0.213 0.203 0.190 0.183
1.520 1.490
1.480 1.450
1.440 1.410 1.390 1.360 1.300 1.220 1.100 1.000 0.900 0.820
1.390 1.360
1.310 1.270
1.230 1.190 1.140 1.060 1.000 0.920 0.760 0.870 1.200 1.200
0.582 0.413
0.261 0.137
0.121 0.110 0.103 0.090 0.068 0.049 0.010 0.000 0.000 0.000
1.760 1.600
1.480 1.380 # 1.320 1.200 1.150 0.800 0.420 0.330 0.190 0.090 0.020 0.000
1.958 1.438
1.197 0.775
0.485 0.440 0.430 0.390 0.345 0.250 0.080 0.040 0.420 0.680
1.300 1.150
0.880 0.660
0.550 0.480 0.475 0.445 0.300 0.000 0.000 0.000 0.000 0.000
1.560 1.445
1.200 1.040
0.800 0.675 0.540 0.500 0.460 0.440 0.415 0.400 0.400 0.400
1.180 1.100
1.060 1.025
0.995 0.965 0.935 0.905 0.875 0.845 0.790 0.750 1.313 1.500
1.080 0.970
0.850 0.730
0.640 0.580 0.540 0.450 0.340 0.260 0.150 0.000 0.000 0.000
0.572 0.553
0.534 0.524
0.512 0.504 0.484 0.472 0.448 0.416 0.387 0.360 0.347 0.333
1.520 1.375
1.190 1.035
0.880 0.780 0.680 0.525 0.265 0.215 0.100 0.000 0.000 0.000
1.532 1.393
1.267 1.142
1.028 0.953 0.884 0.789 0.692 0.590 0.491 0.428 0.404 0.379

Amounts in Red indicate no increase during year

# Column on right excludes amount normally paid in following year but accelerated; included next year (column o

Dividends Paid by Year

(excluding Special/Extra Dividends)


*A/D=Acceleration/Deceleration (5-year average increase divided by 10-year average increase)

Contenders

(and American Depository Receipts)

Contenders

Company
Ticker
Name
Symbol
A.O. Smith Corp.
AOS
Aaron's Inc.
AAN
Accenture plc
ACN
ACE Limited
ACE
Acme United Corp.
ACU
AGL Resources
GAS
Airgas Inc.
ARG
Albemarle Corp.
ALB
Alliance Holdings GP LP AHGP
Alliance Resource PartnersARLP
L
Alliant Energy Corp.
LNT
American Equity InvestmentAEL
AmeriGas Partners LP
APU
Ameriprise Financial Inc. AMP
AmerisourceBergen Corp. ABC
AmTrust Financial ServicesAFSI
I
Analog Devices Inc.
ADI
Andersons Inc. (The)
ANDE
AptarGroup Inc.
ATR
Aqua America Inc.
WTR
Arrow Financial Corp.
AROW
Artesian Resources
ARTNA
Assurant Inc.
AIZ
Atlantic Tele Network Inc. ATNI
Atrion Corp.
ATRI
Auburn National Bancorp AUBN
Avista Corp.
AVA
Axis Capital Holdings Ltd. AXS
Badger Meter Inc.
BMI
BancFirst Corp. OK
BANF
Bank of Marin Bancorp
BMRC
Bank of the Ozarks Inc.
OZRK
Bank of Utica
BKUT
Bar Harbor Bankshares
BHB
Best Buy Corp.
BBY
BHP Billiton Ltd.
BHP
BHP Billiton plc
BBL
BOK Financial Corp.
BOKF
Brinker International
EAT
British American Tobacco plc
BTI
Brown & Brown Inc.
BRO
Buckeye Partners LP
BPL
Bunge Limited
BG

2000
0.167
0.012
0.000
0.480
0.000
1.080
0.000
0.230
0.000
0.500
2.000
0.010
2.200
0.000
0.000
0.000
0.000
0.080
0.100
0.225
0.432
0.487
0.000
0.270
0.000
0.400
0.480
0.000
0.215
0.320
0.000
0.026
4.000
0.507
0.000
0.421
0.000
0.000
0.000
0.000
0.068
2.400
0.000

10-24 Straight Years Higher Dividends


mn on left)

(and American Depository Receipts)

16 yrs
'99-'14
1999 RegDivs
0.160 4.240
0.012 0.600
0.000 9.445
0.400 17.900
0.000 2.150
1.080 23.640
0.000 10.000
0.200 7.585
0.000 17.893
0.058 18.545
2.000 25.383
0.010 1.120
2.200 40.993
0.000 9.730
0.000 3.950
0.000 2.444
0.000 9.390
0.067 3.142
0.090 7.625
0.204 6.134
0.382 11.823
0.471 10.322
0.000 6.650
0.240 9.630
0.000 16.060
0.320 10.060
0.480 11.885
0.000 8.690
0.180 6.460
0.250 11.480
0.000 5.776
0.025 2.221
3.500 111.700
0.480 10.158
0.000 5.843
0.312 17.924
0.000 16.520
0.000 10.170
0.000 5.387
0.000 31.688
0.058 3.535
2.175 51.475
0.000 9.945
vs.

2013
vs.

2012
vs.

2011
vs.

2010
vs.

2009
vs.

2008
vs.

2007
vs.

2006
vs.

2005
vs.

2004
vs.

2003
vs.

2002
vs.

2001
vs. (simpleStandard

2000 Mean

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 average)
Deviation
30.4 27.8 20.0 11.1
5.2
4.1
5.7
6.1
3.1
3.2
6.9
7.4
3.8
4.0
4.2
9.5
8.7
26.5 13.3 15.4
8.3
5.9
6.2
6.7
7.1
5.7 33.6 123.0
0.0
0.0
0.0
0.0 16.8 29.9
12.1 17.2 32.0 36.4 10.0 50.0 19.0 20.0 16.7
0.0
0.0
0.0
0.0
0.0
0.0 14.2 15.0
28.0
4.2 41.2
6.3 11.3
5.5
4.8
8.3
9.1 10.0
8.1
8.8 21.4 16.7 20.0 13.6
9.9
10.0
7.1 12.0 19.0
5.0 17.6 13.3 25.0 20.0 150.0
0.0
0.0
0.0
0.0
0.0 18.6 36.1
4.3
2.2
2.2
2.3
2.3
2.4
2.4 10.8 13.8 13.0
3.6
2.8
0.0
0.0
0.0
4.1
4.4
15.8 21.1 24.6 29.8 34.3 34.6 52.9 25.9 20.0 28.6 45.8
0.0
0.0
0.0
0.0 22.2 16.2
10.9 23.9 22.0 13.4 12.0
4.2 14.3 21.7 11.3
6.0
3.5
4.6
3.8 13.0 15.0 12.0
6.6
11.1 13.7 19.7 19.7 12.8 27.9 27.9 139.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0 18.2 34.0
8.3
9.7 14.7 13.2
8.6 16.6 15.0 14.6 21.9 26.6 18.5
5.0
0.0
0.0 769.6 62.8 189.0
8.5
4.4
5.9
7.6
5.3
7.1 10.2 10.4
9.5
3.7
1.3
0.0
0.0
0.0
0.0
4.9
3.8
11.1 20.0 25.0 20.0 25.0 14.3 16.7 20.0 25.0 100.0 100.0
0.0
0.0
0.0
0.0 25.1 30.8
4.8
5.0
8.1
5.0
5.1
4.7
5.0
4.8
3.1
1.4
0.0
0.0
0.0
0.0
0.0
3.1
2.6
12.4 40.6 64.4 22.5
4.4
3.0 17.9 27.3 300.0
0.0
0.0
0.0
0.0
0.0
0.0 32.8 73.7
15.0 44.2 30.4 35.3 41.7 47.7 44.4 80.0 100.0 25.0
0.0
0.0 300.0
0.0
0.0 50.9 72.3
56.5 39.5 24.2 22.2 22.7 29.4 88.9
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 18.9 25.5
8.8 13.3 23.7 12.8
7.5
2.6
8.3 20.0 66.7 63.6 450.0
0.0
0.0
0.0
0.0 45.2 110.1
3.1
6.7 36.4 23.1
2.9
6.9 47.7 23.9
7.6
6.5
6.9 11.5
0.0
8.3 20.0 14.1 13.1
9.0 13.6 10.0 21.2 10.0
7.1 12.0 19.0 20.0 59.1 76.0
4.2
9.1 10.0 11.1 19.4 19.7
8.6
9.0
6.3
6.8
7.3
7.8
6.3
8.2 11.1
8.7
7.5
6.0
6.5
7.4 10.3
7.9
1.4
0.5
3.5
2.7
6.1
3.0
1.8
5.4
3.0
5.2
6.4
9.7 10.6 14.3 13.9 13.2
6.6
4.4
3.1
3.3
4.4
1.3
4.2
2.2
6.5
8.2
5.7
4.9
3.9
3.3
4.5
1.4
3.3
4.0
1.8
10.4 18.5 15.7 11.1
6.8
9.3 17.4 21.1 22.6 47.6
0.0
0.0
0.0
0.0
0.0 12.0 12.4
7.8
8.5
5.6
8.5 10.8 12.1 13.8 16.0 11.1
9.8 10.8 12.1
6.5 14.8 12.5 10.7
2.9
15.8 14.3 15.4 16.7 18.2 22.2 22.7 18.9 19.4 19.2 116.7
0.0
0.0
0.0
0.0 20.0 27.1
2.4
2.4
2.5
2.6
2.6
2.7
5.7
9.4 10.3 16.0
4.2
9.1 10.0
0.0 25.0
7.0
6.4
4.1
5.2
5.5 10.0 23.5 17.4 16.0
4.4
4.6
5.8
5.1
2.1
0.0
0.0
0.0
6.9
6.7
8.0
4.2
4.3
9.5
5.0
8.1 12.1 10.0
4.3 29.2 535.7
0.0
0.0
0.0
0.0 42.0 132.1
5.7
6.1 10.0 15.4 13.0 15.0 17.6
9.7
6.9
5.5
3.8
3.9
2.0 16.3 19.4 10.0
5.5
7.6
7.3
7.8
8.5
5.6
8.5 10.8 12.1 13.8 12.6 13.2 19.7
5.6 12.5 28.0 11.6
5.7
9.6
4.3
7.7
6.6
7.0
1.8
9.8 12.0 139.0
0.0
0.0
0.0
0.0
0.0
0.0 13.2 33.9
30.6 44.0 35.1 23.3 15.4
4.0 16.3
7.5
8.1 23.3 30.4 48.4 34.8
9.5
5.0 22.4 13.9
8.4 10.3
9.0 12.7
5.3
2.7
7.4
4.6
3.2
5.0
9.1 10.0 11.1 12.5 14.3
8.4
3.5
8.5
6.8
6.8
4.8
0.5
2.0
6.8
5.5
7.7
5.0
5.3
0.0
0.0
0.0
5.6
4.4
2.9
2.9
4.6
6.6
7.0
1.8
5.7 23.3 26.5 13.3
9.7 36.7
0.0
0.0
0.0
0.0
9.2 10.8
4.3
3.6 10.9 16.1
6.1 17.1 48.9 30.6 28.6 55.6 16.1 19.2
0.0
0.0 34.7 19.5 16.6
4.3
3.6 10.9 16.1
6.1 17.1 48.9 30.6 28.6 55.6 125.0
0.0
0.0
0.0
0.0 23.1 32.2
5.2
4.8 30.1 14.1
4.8
8.0 16.7 36.4 83.3
0.0
0.0
0.0
0.0
0.0
0.0 13.6 21.6
18.2 22.2 20.0 13.2 20.5
0.0 15.8 31.0 335.0
0.0
0.0
0.0
0.0
0.0
0.0 31.7 81.7
11.6
2.7
9.6 19.1 16.5
4.8 12.6 30.7 10.4
0.0
0.0
0.0
0.0
0.0
0.0
7.9
8.9
10.8
7.2
6.2
4.0
3.3
6.1 14.0 19.0 23.5 17.2 26.1 27.8 12.5 18.5 17.4 14.3
7.7
4.7
1.8
3.1
5.2
5.5
5.8
6.2
6.6
7.1
7.1
3.9
1.5
2.0
2.1 10.3
4.9
2.4
12.3
9.6
8.3
9.1 10.0 11.1
9.1
6.5 10.7 16.7 14.3
9.1
0.0
0.0
0.0
8.4
4.8

vs.

2014

Percentage Increase by Year

Contenders

Company
Ticker
Name
Symbol
C.H. Robinson Worldwide CHRW
Cambridge Bancorp
CATC
Canadian National RailwayCNI
Canadian Natural Resources
CNQ
Cardinal Health Inc.
CAH
Casey's General Stores Inc.CASY
Cass Information Systems In
CASS
Caterpillar Inc.
CAT
CCFNB Bancorp Inc.
CCFN
CenterPoint Energy
CNP
Chesapeake Financial Share
CPKF
Chesapeake Utilities
CPK
Church & Dwight
CHD
Citizens Financial Services CZFS
Community Bank System CBU
Compass Minerals Internatio
CMP
ConocoPhillips
COP
Costco Wholesale
COST
Cracker Barrel Old CountryCBRL
Crane Company
CR
CSX Corp.
CSX
Cullen/Frost Bankers
CFR
CVS Health Corp.
CVS
Daktronics Inc.
DAKT
Darden Restaurants
DRI
Deere & Company
DE
Delta Natural Gas
DGAS
Digital Realty Trust
DLR
Dominion Resources
D
Donegal Group Inc. A
DGICA
Donegal Group Inc. B
DGICB
Duke Energy Corp.
DUK
Eagle Bancorp Montana Inc.
EBMT
Ecolab Inc.
ECL
Edison International
EIX
Enbridge Inc.
ENB
Energy Transfer Equity LP ETE
Enterprise Bancorp Inc.
EBTC
Enterprise Products Partners
EPD
EOG Resources Inc.
EOG
Equity LifeStyle Properties ELS
Essex Property Trust
ESS
Eversource Energy
ES

2000
0.080
0.613
0.117
0.000
0.053
0.070
0.231
0.665
0.560
1.500
0.116
0.707
0.093
0.510
0.510
0.000
0.524
0.000
0.020
0.400
0.200
0.760
0.116
0.000
0.053
0.440
0.570
0.000
1.290
0.000
0.203
1.918
0.037
0.240
1.110
0.323
0.000
0.125
0.513
0.033
0.811
2.320
0.400

10-24 Straight Years Higher Dividends


mn on left)

(and American Depository Receipts)

16 yrs
'99-'14
1999 RegDivs
0.070 10.560
0.467 17.967
0.100 6.303
0.000 3.349
0.048 6.834
0.060 4.825
0.211 6.479
0.625 21.160
0.506 14.361
1.500 13.993
0.096 3.974
0.680 13.020
0.083 5.698
0.471 13.411
0.470 12.585
0.000 17.218
0.524 21.253
0.000 8.505
0.020 12.930
0.400 10.960
0.200 4.178
0.675 22.040
0.116 5.307
0.000 1.605
0.053 12.107
0.440 15.885
0.570 10.155
0.000 19.703
1.290 25.820
0.000 4.650
0.200 5.022
1.918 38.992
0.000 3.202
0.210 8.020
1.070 15.290
0.299 10.511
0.000 9.369
0.105 4.724
0.463 14.876
0.030 2.947
0.759 10.035
2.100 57.130
0.100 13.113
vs.

2013
vs.

2012
vs.

2011
vs.

2010
vs.

2009
vs.

2008
vs.

2007
vs.

2006
vs.

2005
vs.

2004
vs.

2003
vs.

2002
vs.

2001
vs. (simpleStandard

2000 Mean

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 average)
Deviation
2.1
4.5 11.7 15.4
8.3
9.1 22.2 38.5 73.3 25.0 50.0 33.3 20.0 25.0 14.3 23.5 18.4
5.7
6.0
5.6
1.4
4.5
4.7
8.5 11.3
5.0
7.4
6.8
4.8
9.6 25.0 31.4
9.2
7.9
9.0 10.7 14.3 25.4 17.5
2.8 10.4 36.5 19.5 32.7
8.7 16.3 10.3 11.4 16.7 16.1
8.9
70.6 16.3 15.8 19.7 55.9
0.3 16.9 20.8 27.2 16.9 18.3 20.0 66.6
0.0
0.0 24.4 21.7
11.7 27.6 10.4 10.8 47.5 34.4 23.8 40.0 66.7 50.2
8.9
9.7 11.1 21.8 10.8 25.7 17.7
10.1
9.5 10.5 40.7 26.6 14.3 21.7 21.1 11.8 13.3 25.0 20.0 25.0 14.3 16.7 18.7
8.1
9.5 18.0 13.8 15.0
9.4
8.2 12.3
9.1 13.8
3.6 10.0
7.5
2.6
0.0
9.6
9.5
4.7
11.1 19.4
8.9
4.7
2.4
7.7 18.2 20.0 20.9 16.7
9.9
1.4
1.4
3.8
6.4 10.2
6.9
1.9
3.8
4.8
5.1 14.6 14.4
9.8
5.1
5.4
5.7
6.1
4.8
6.8
5.4 10.7
7.0
3.6
14.5
2.5
2.5
1.3
2.6
4.1
7.4 13.3 100.0
0.0
0.0
0.0
0.0
0.0
0.0
9.9 24.5
5.9 13.3 13.7 10.4
2.4
3.7 15.7
9.0
5.6
7.4 18.9 16.7
8.5 12.6 21.0 11.0
5.4
3.9
7.0
5.2
4.7
4.0
3.3
2.6
1.7
1.8
1.8
0.9
0.0
0.9
2.8
3.9
3.0
1.8
10.7 16.7 41.2 119.4 34.8 35.3 13.3 15.4
8.3
5.9
9.7
3.3
5.3
1.8 12.0 22.2 28.5
29.3
7.5 12.4
4.4
5.1
5.3
5.5
5.4
6.2
6.2
6.5
9.6
7.9
7.5
8.2
8.5
5.9
3.6
3.8
6.0
8.7
4.5
3.5
4.9
5.2
5.5 10.6 10.9
8.2
1.9
5.9
8.5
6.1
2.6
10.1 10.1 10.0 15.4
9.9
6.0
4.7
4.9 10.9 17.3
0.0
0.0
0.0
0.0
0.0
6.6
5.7
5.2 15.5 14.9 22.8 12.6
1.6 14.6 13.9 22.0 31.8
9.8 10.1
5.7
2.9
0.0 12.2
8.4
14.1 13.1 15.1 16.4 13.6 12.0 10.6 11.9 13.5 48.3
0.0
0.0
0.0
0.0
0.0 11.2 11.8
40.0 78.6 53.8 11.0
2.5
8.1 23.3 13.2
8.2
8.9 309.1 450.0
0.0
0.0
0.0 67.1 127.1
8.6
7.4 10.2 14.0
7.5
5.3 15.2 20.0 22.2 12.5
0.0
0.0
0.0
0.0
0.0
8.2
7.2
6.8
9.3 20.9 36.7 11.4 14.3 42.6 63.6 53.5
7.5
0.0
0.0
0.0
0.0
0.0 17.8 20.5
2.5
4.2
3.8
2.8
4.1
3.0
7.8 16.7 13.3 12.6 10.1
7.4
4.2 10.5 12.6
7.7
4.5
22.2 38.5 30.0 42.9 15.1 17.8 12.7 46.8
6.8
9.0 15.5
0.0
0.0
0.0
0.0 17.2 15.4
30.0 30.4
4.5 120.0
5.3
5.6 28.6 16.7 20.0
0.0
0.0
0.0
0.0
0.0
0.0 17.4 29.7
4.8 12.9 24.0 31.6 26.7 18.4 28.8 37.2 79.2 200.0
0.0 19.9 25.1
0.0
0.0 33.9 48.4
11.6 11.2 17.8 31.0
3.6
5.7 16.5 16.7 28.9 14.2 20.5
0.0
0.0
0.0
0.0 11.8 10.0
5.4
4.2
2.9
3.8
3.1
2.4
2.4
1.7
1.7
0.8
0.0
0.9
1.7
0.9
0.0
2.1
1.5
6.4
6.8
7.4 40.2 43.7
8.9
8.3
8.0 19.4
0.0
0.0
0.0
0.0
0.0
0.0
9.9 13.6
6.7
6.6
7.1
7.7
4.6 10.8
8.2
5.8
3.0
3.1
0.8
0.0
0.0
0.0
0.0
4.3
3.5
3.4
3.6
2.6
3.8
3.4
9.3 14.9
9.3 10.3 10.6 113.6
0.0
0.0
0.0
0.0 12.3 27.5
1.8
4.0
2.9
4.3
3.8 10.6 17.4 10.5
9.4
7.2
6.4
8.3
0.0
0.0
1.4
5.9
4.6
1.9
2.0
2.0
2.1
3.2
4.4
4.7 17.5
7.7
6.4
0.0
0.0
0.0
0.0
0.0
3.5
4.4
2.2
1.3
0.9
2.1
2.1
4.0
7.6
9.6 10.5 11.7 17.3 26.1 35.3 142.9
0.0 18.2 34.7
19.6 15.0 14.3 12.9 10.7
7.7 13.0 15.0 14.3
9.4 10.3
7.4
3.8
8.3 14.3 11.7
3.9
5.2
3.8
1.6
1.6
1.6
1.6
5.2
7.4
8.0 25.0
0.0
0.0
0.0
0.0
3.7
4.3
6.1
2.6
9.3 14.2 20.1 26.6
4.2
7.9 13.3
8.4
2.9 10.4
9.2
8.6
8.4
8.1 10.3
6.1
15.0
4.3
6.4
8.8
2.6
7.9 33.7 139.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0 14.5 34.5
4.3
4.5
4.8
5.0
5.3
5.6 12.5 14.3 16.7 11.6 13.2 15.2 14.7 15.0 19.0 10.8
5.1
5.9
6.6
5.3
5.3
5.5
5.9
6.8
6.7
8.1
9.8
4.9
8.7 14.8 12.8 10.8
7.9
2.9
39.7
9.3
5.5
4.1
7.0 22.6 40.9 50.0 46.7 30.4 27.8 12.5
3.2 19.2
8.3 21.8 15.9
26.5 14.8 18.4 18.8 20.0 33.3 42.9 110.0 185.7 133.3
0.0
4.8
6.9
7.9
6.9 42.0 53.6
6.1
9.0
4.5
0.6
0.4
3.0
9.9
9.0
3.4
2.2
1.3
3.3
7.9 20.3 10.5
6.1
5.0
6.8 11.1 20.3
7.3
7.9 15.2
6.5
6.9
7.4
8.0
8.7
9.5 16.7 12.5 300.0 29.6 72.4

vs.

2014

Percentage Increase by Year

Contenders

Company
Ticker
Name
Symbol
Expeditors International
EXPD
Factset Research System InFDS
Farmers & Merchants Banco
FMCB
Farmers and Merchants Ban
FMAO
Fastenal Company
FAST
FedEx Corp.
FDX
First Keystone Corp.
FKYS
First of Long Island Corp. FLIC
First Robinson Financial Corp
FRFC
Flowers Foods
FLO
Franklin Electric Co.
FELE
Gap Inc.
GPS
General Dynamics
GD
General Mills
GIS
Genesis Energy LP
GEL
Graco Inc.
GGG
Hanover Insurance Group (T
THG
Harris Corp.
HRS
Hasbro Inc.
HAS
Hawkins Inc.
HWKN
HCC Insurance Holdings HCC
HDFC Bank Limited
HDB
Health Care REIT Inc.
HCN
Healthcare Services Group HCSG
I
Holly Energy Partners LP HEP
Honat Bancorp Inc.
HONT
Imperial Oil Ltd.
IMO
Infinity Property & CasualtyIPCC
Inmarsat plc
IMASF
International Business MachIBM
International Flavors & Fragra
IFF
International Speedway Corp
ISCA
ITC Holdings Corp.
ITC
J&J Snack Foods Corp.
JJSF
J.M. Smucker Co.
SJM
Jack Henry & Associates JKHY
JB Hunt Transport ServicesJBHT
John Wiley & Sons Inc.
JW-A
Kellogg Company
K
L-3 Communications Holding
LLL
Laclede Group Inc.
LG
Landmark Bancorp Inc.
LARK
Landstar System Inc.
LSTR

2000
0.035
0.070
5.100
0.175
0.010
0.000
0.000
0.151
0.000
0.047
0.108
0.090
0.510
0.550
1.780
0.166
0.250
0.100
0.240
0.320
0.140
0.000
2.335
0.000
0.000
0.000
0.260
0.000
0.000
0.510
1.520
0.060
0.000
0.000
0.630
0.100
0.013
0.152
1.010
0.000
1.340
0.303
0.000

10-24 Straight Years Higher Dividends


mn on left)

(and American Depository Receipts)

16 yrs
'99-'14
1999 RegDivs
0.013 4.398
0.067 8.997
4.900 139.850
0.200 8.038
0.001 4.868
0.000 5.350
0.000 11.670
0.067 6.063
0.310 9.810
0.045 3.329
0.096 3.341
0.081 4.764
0.470 19.130
0.550 13.670
2.000 20.405
0.130 9.161
0.250 9.135
0.385 10.595
0.233 10.713
0.115 7.375
0.127 6.443
0.000 1.700
2.270 41.865
0.000 4.836
0.000 15.449
0.000 6.823
0.250 5.642
0.000 7.025
0.000 3.224
0.470 27.530
1.520 16.250
0.060 1.860
0.000 4.250
0.000 4.980
0.590 20.460
0.080 4.910
0.050 4.828
0.137 7.569
0.960 20.810
0.000 14.866
1.340 23.680
0.303 7.766
0.000 1.760
vs.

2013
vs.

2012
vs.

2011
vs.

2010
vs.

2009
vs.

2008
vs.

2007
vs.

2006
vs.

2005
vs.

2004
vs.

2003
vs.

2002
vs.

2001
vs. (simpleStandard

2000 Mean

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 average)
Deviation
6.7
7.1 12.0 25.0
5.3 18.8 14.3 27.3 46.7 36.4 37.5 33.3 20.0 42.9 180.0 34.2 41.1
11.8 13.3 15.4 16.9 14.1 18.2 57.1 82.6 15.0 11.1 17.4 21.0 26.7 42.9
5.0 24.6 20.1
1.6
3.3
3.0
3.6
3.2
6.9 11.5 10.9
8.6 10.1 13.1 10.9
2.8
4.9
4.1
6.6
3.8
5.0
3.9
1.3
5.6
0.0
9.1
4.8
7.2 23.7
0.0
0.0
0.0
0.0 100.0
0.0 10.7 24.6
25.0
8.1 41.0 25.0 16.7 38.5 18.2 10.0 29.0 55.0 90.5 320.0 11.1 12.5 700.0 93.4 178.7
20.7
7.4
5.9
8.5
6.8
2.3 10.3 11.4 12.9 14.8 28.6 40.0
0.0
0.0
0.0 11.3 10.8
1.0
3.0
4.1
4.3
1.1
3.4
1.1
3.7
8.7 11.8 12.2 15.3 10.2
0.0
0.0
5.3
4.8
4.9
7.4
5.6
8.5 10.8 17.5 11.0 26.1
7.1 16.7
5.9 18.6 13.2 11.8 126.7 19.5 29.2
5.0
5.3
5.6
5.9
6.3
6.7 15.4 18.2 10.0 16.3
7.5 17.6
3.0
0.0
0.0
8.2
5.8
9.2
5.8
8.0 12.9 14.8 17.4 38.0 31.6 23.9 21.1 58.3 800.3
0.0
0.0
3.1 69.6 195.9
13.9
7.0
6.5
3.9
3.0
1.0
5.3
9.3 13.2 22.6 12.7
7.8
8.5
9.3 11.7
9.1
5.2
37.6 28.2 11.4 13.6 13.2
1.5
4.7 12.3 81.0 75.0
0.0
0.0
0.0
0.0 11.1 19.3 25.3
10.5
9.5
9.3 11.6 10.1 11.2 21.8 23.6 14.1 11.4 11.1
6.8
7.3
7.8
8.5 11.6
4.7
13.4 11.8
8.5 11.4 16.7
9.1
8.6 10.1
7.8
9.4
6.4
0.0
0.0
0.0
0.0
7.5
5.1
10.7 10.6 10.5 10.7
9.2 11.7 31.5 25.7 21.3
1.7 71.4
0.0
0.0
0.0
0.0 14.3 17.9
10.0 11.1
7.1
5.0
5.3
2.7 12.1 13.8 11.5 39.3 69.2 14.1
8.7
7.2 27.3 16.3 16.8
11.8 10.6
9.3 12.5 33.3 66.7 12.5 33.3 20.0
0.0
0.0
0.0
0.0
0.0
0.0 14.0 17.8
12.7 12.9 32.1 12.8 11.9 20.0 34.6 36.8 35.7 27.3 22.2 38.5 30.0
0.0
0.0 21.8 12.5
8.3 13.0 20.0 21.1 18.8
5.3 26.7 33.3 36.4 57.1 75.0
0.0
0.0
0.0
2.9 21.2 21.2
5.7
6.1
3.1 10.3
7.4
8.0
8.7
9.5 10.5
5.6
0.0 20.0
0.0
0.0 178.3 18.2 43.1
34.7 14.3
6.8
7.3
7.8 12.1 11.0 17.1 32.9 27.4
8.8 12.2
4.5 15.7 10.5 14.9
9.1
23.5 18.2
4.9 45.3 23.8
4.8 14.2 44.2 30.5
0.0
0.0
0.0
0.0
0.0
0.0 14.0 15.7
3.9
3.4
4.4
3.5
0.7
0.7
2.3
3.1
4.1
3.1
1.9
0.0
0.0
0.2
2.9
2.3
1.5
3.0
3.1
3.2
6.3 20.6 27.6 38.1 37.0 66.3 57.6 203.8
0.0
0.0
0.0
0.0 31.1 50.9
6.2
6.5
5.1
4.9
5.1
5.4
6.3
7.7 120.0
0.0
0.0
0.0
0.0
0.0
0.0 11.1 29.2
4.0 20.0 25.0 11.1
4.3 11.3 11.7 12.1 10.0
9.8
0.0
0.0
0.0
0.0
0.0
8.0
7.5
2.6
0.4
5.4
5.7 11.8
3.3
3.4
9.4
2.1
6.8
1.1
3.6
1.8
5.8
4.0
4.5
3.0
20.0 33.3 25.0 28.6 16.7
9.1 22.2 20.0 25.0
9.1 33.3
0.0
0.0
0.0
0.0 16.2 11.9
5.0
8.0 10.0 10.0 12.0
5.0
6.9 27.5 296.4
0.0
0.0
0.0
0.0
0.0
0.0 25.4 72.8
14.9 12.1 13.8 16.0 16.3 13.2 26.7 36.4 41.0 11.4 11.1
6.8
7.3
7.8
8.5 16.2 10.0
16.3 11.0 13.4
9.8
2.0
6.4
9.3 16.2
2.8
7.5
8.1
3.3
0.0
0.0
0.0
7.1
5.5
9.1 10.0 11.1 12.5 14.3 16.7 20.0 25.0 33.3
0.0
0.0
0.0
0.0
0.0
0.0 10.1 10.1
14.0
9.9
6.2
5.0
4.8
5.0
5.3
5.1 104.8
0.0
0.0
0.0
0.0
0.0
0.0 10.7 25.5
100.0 23.1 13.0
7.0 10.3
5.4
8.8 13.3 20.0
0.0
0.0
0.0
0.0
0.0
0.0 13.4 24.3
10.9 10.0
8.7 18.7 13.1
8.7
6.8
6.3
4.7
8.2 10.1 23.6 12.5
1.6
6.8 10.0
5.3
20.5 58.7
9.5 10.5 11.8 13.3 15.4 18.2 22.2 12.5 14.3
0.0 16.7 20.0 25.0 17.9 12.4
33.3
7.1
7.7
8.3
9.1 10.0 11.1 12.5 33.3 433.3
0.0
0.0
0.0
0.0
0.0 37.7 106.2
10.2 11.4 22.2 20.0 11.1 12.5 14.3 10.5 15.2 17.9 21.7 21.1 11.8 11.8 10.9 14.8
4.3
5.6
3.4
4.2
7.1
9.1 10.0
8.3
5.3
7.5
5.0
0.0
0.0
0.0
0.0
5.2
4.7
3.3
9.1 12.2 13.4 12.5 14.3 16.7 20.0 33.3 50.0 25.0
0.0
0.0
0.0
0.0
0.0 13.8 13.8
3.5
2.4
2.5
2.5
2.6
2.7
2.7
2.8
2.9
1.5
1.5
0.0
0.0
0.0
0.0
1.8
1.2
5.0
5.0
5.0
5.0
5.0
5.0
5.0 17.4
5.0
5.0
8.2 13.6
6.8
0.0
0.0
6.1
4.3
4.0
8.7
9.5 10.5 11.8
9.7 14.8 22.7 120.0
0.0
0.0
0.0
0.0
0.0
0.0 14.1 29.1

vs.

2014

Percentage Increase by Year

Contenders

Company
Ticker
Name
Symbol
Lincoln Electric Holdings LECO
Lindsay Corp.
LNN
Linear Technology Corp. LLTC
Lockheed Martin
LMT
Lyons Bancorp Inc.
LYBC
Magellan Midstream Partners
MMP
Marketing Alliance Inc.
MAAL
Matthews International
MATW
Maxim Integrated Products MXIM
McGrath Rentcorp
MGRC
MDU Resources
MDU
Meredith Corp.
MDP
Mesa Laboratories Inc.
MLAB
Microchip Technology Inc. MCHP
Microsoft Corp.
MSFT
Minden Bancorp Inc.
MDNB
MOCON Inc.
MOCO
Monro Muffler Brake Inc. MNRO
Monsanto Company
MON
MSC Industrial Direct Co. Inc.
MSM
Muncy Bank Financial Inc. MYBF
Murphy Oil Corp.
MUR
National Bankshares
NKSH
National Health Investors NHI
National Healthcare Corp. NHC
National Interstate Corp. NATL
New Jersey Resources
NJR
NewMarket Corp.
NEU
NextEra Energy
NEE
Nike Inc.
NKE
Norfolk Southern
NSC
Northeast Indiana Bancorp NIDB
Northrop Grumman
NOC
NorthWestern Corp.
NWE
Norwood Financial
NWFL
Nu Skin Enterprises Inc. NUS
Occidental Petroleum
OXY
Oil-Dri Corp. of America ODC
Omega Healthcare Investors
OHI
ONEOK Inc.
OKE
ONEOK Partners LP
OKS
Owens & Minor Inc.
OMI
Pall Corp.
PLL

2000
0.280
0.140
0.110
0.440
0.000
0.000
0.005
0.097
0.000
0.270
0.378
0.320
0.000
0.000
0.000
0.000
0.215
0.000
0.000
0.000
0.280
0.312
0.425
2.020
0.000
0.000
0.382
0.188
1.080
0.120
0.800
0.410
0.723
0.000
0.392
0.000
0.483
0.288
1.000
0.271
1.325
0.165
0.660

10-24 Straight Years Higher Dividends


mn on left)

(and American Depository Receipts)

16 yrs
'99-'14
1999 RegDivs
0.240 7.570
0.130 4.920
0.078 9.518
0.880 31.940
0.000 10.290
0.000 18.179
0.000 1.037
0.092 3.670
0.000 8.510
0.230 10.135
0.360 8.552
0.300 12.838
0.000 4.580
0.000 12.461
0.000 6.660
0.000 2.845
0.200 5.050
0.000 2.540
0.000 10.970
0.000 9.120
0.260 8.145
0.301 10.367
0.000 11.645
2.960 32.955
0.000 10.265
0.000 2.960
0.373 8.835
0.250 17.443
1.040 27.270
0.120 6.545
0.800 16.720
0.345 9.685
0.723 21.488
0.000 13.580
0.323 12.431
0.000 7.590
0.483 17.895
0.288 7.688
2.800 18.440
0.271 11.049
1.220 31.521
0.153 7.927
0.640 9.925
vs.

2013
vs.

2012
vs.

2011
vs.

2010
vs.

2009
vs.

2008
vs.

2007
vs.

2006
vs.

2005

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
15.0 17.6
9.7 10.7
3.7
8.0 13.6 15.8
5.6
7.5
116.3 19.5 17.1
6.1
6.5
6.9
7.4
8.0
8.7
9.5
3.8
4.0
4.2
4.3
4.5
4.8 16.7 20.0 50.0 25.0
14.9 15.2 27.7 23.1 12.8 27.9 24.5 17.6 19.0 15.4
17.4
0.0 28.7
7.9
7.7
3.5
4.6
8.0 16.3 14.7
19.4 17.6 14.6
7.1
2.4
4.3
9.2
9.1 16.3 14.3
13.7 20.0 22.9 21.4 21.7
9.5 23.5 13.3 25.0
8.0
12.2 10.8 12.1 13.8
9.4
8.2
8.9
9.8 10.8 12.1
8.0
8.7
7.0
4.9
2.5
3.2 12.7 22.2 32.4 25.0
2.1
2.1
2.2
2.2
4.1 10.3 11.4 12.9 17.0 23.3
2.9
3.0
3.1
3.2
1.6
5.1
7.3
6.8
5.8
5.8
6.1
6.5 33.3 24.7
2.2
4.7 16.2 15.6 14.3 16.7
7.0
7.5
8.2
8.9
9.8
2.5 25.0 10.3 16.0 19.0
0.6
0.9
1.2
1.2
1.0
2.3 15.4 29.2 97.8 160.1
18.6 16.9 22.1 23.6
5.8 13.0 12.2 10.8 15.6 100.0
11.8 13.3 16.2
2.2
2.3
7.5
2.6 11.4 12.9 19.2
1.1
4.8
5.1
5.3
4.2
9.1
6.5
3.3
7.1
7.7
16.3 10.3 14.7 37.8 37.0 12.5 12.5 33.3 140.0
0.0
14.5 22.0 11.8
6.0
3.9 24.7 50.9 37.5 17.6 23.6
13.0 17.1 15.4
8.3
5.0
5.3 11.8 21.4 21.7 35.3
10.0
5.3 13.4 10.7
5.2
4.5
8.9
5.2
4.3 27.8
13.9 15.0
6.8
4.8
5.0 14.3 29.6 28.6 16.7
5.9
0.9
1.8 10.0
9.9
8.3
5.0
5.3
4.1
2.8 10.9
7.4
8.2
6.9
6.3
4.8
2.3
8.6
4.8
6.5
6.0
6.5
3.3
3.4
7.4
8.0 11.1 15.4 18.2 20.0 46.7
9.1 10.0 11.1 12.5 14.3 16.7 20.0 25.0 100.0
0.0
5.6
5.2
6.9
5.9
9.7 13.4
7.9
5.6
5.9
4.6
27.5 15.0 44.2 38.7 66.7 12.5 60.0 33.3
0.0
0.0
9.8 10.0
9.1 10.0
5.8
6.2
8.5
9.3
5.6
9.2
14.3 12.0 21.0 10.7
9.8
8.5 19.7 20.8 22.6 24.7
8.8
5.2 16.9 18.6
2.9 11.5 27.1 41.2 41.7 33.3
2.6
4.8
3.5
2.9
3.0
0.8
2.3
0.8
4.9
7.0
13.9 10.7 11.7 15.8
8.9
7.6
6.1 27.6 14.9 13.5
5.3
2.7
2.8
5.9
1.5
1.5
3.1
3.2 24.0
0.0
4.9
4.8
3.4
3.6
3.7
8.0
8.7 12.2 19.6
5.9
15.0 50.0 35.6 18.0
8.7
4.5
4.8
5.0 11.1 12.5
13.7 18.3 18.2 19.7 12.2
8.3 28.7 17.5 24.0 17.3
5.4
5.7
6.1
6.5
6.9
7.4
8.0 15.7 20.0
9.8
8.6 10.1
9.0 13.1 14.2
0.8 10.2 12.5 12.9 18.1
64.4 16.5 17.6 18.7 11.0
5.1 11.4 14.8 11.9 23.9
4.9 10.8 11.4
4.3
3.0
3.0
5.7 10.6 12.5
0.0
4.2
9.1 10.0 13.2 15.2 15.0 17.6 13.3 15.4 18.2
10.2 16.5 25.7
9.4 10.3 13.7
6.3
9.1 10.0 11.1

vs.

2014

Percentage Increase by Year

2003
4.7
23.5
39.1
56.9
29.3
12.2
31.4
33.1
54.5
10.3
6.2
26.3
320.0
76.5
0.0
73.3
2.0
0.0
10.0
240.0
5.9
6.3
13.3
8.1
0.0
0.0
4.8
0.0
8.3
37.1
20.0
7.5
11.3
0.0
6.2
14.3
5.8
10.8
380.0
27.5
0.0
25.7
0.0

vs.

2004
vs.

2002
vs.

2001
vs. (simpleStandard

2000 Mean

2002 2001 2000 1999 average)


Deviation
6.7
1.7
5.4 16.7
9.5
5.0
21.4
0.0
0.0
7.7 17.2 27.4
21.1 26.7 36.4 41.9 20.2 15.4
31.8
0.0
0.0
0.0 19.1 14.1
41.5 46.4
0.0
0.0 15.1 14.5
18.9 79.9
0.0
0.0 15.0 18.5
288.9
0.0 260.0
0.0 50.6 88.4
17.0
5.0
4.1
6.0 11.5
6.6
1000.0
0.0
0.0
0.0 78.7 246.6
14.7
9.7 14.8 17.4 10.3
6.4
4.8
4.5
4.7
4.9
4.6
1.6
5.6
5.9
6.3
6.7 12.7
9.0
0.0
0.0
0.0
0.0 29.0 78.1
390.0
0.0
0.0
0.0 51.7 101.4
0.0
0.0
0.0
0.0 15.9 23.9
0.0
0.0
0.0
0.0 11.5 17.7
6.3
0.0 11.6
7.5
5.4
3.0
0.0
0.0
0.0
0.0 21.0 34.5
4.2
6.7
0.0
0.0 15.6 13.9
0.0
0.0
0.0
0.0 26.3 57.9
6.3
6.7
7.1
7.7
8.6
5.7
3.2
3.3
3.4
3.6 10.7
8.5
16.5 12.8
1.2
0.0
6.9
5.0
3.3
0.0
0.0
0.0
4.9
3.0
0.0
0.0
0.0
0.0
9.3 12.0
0.0
0.0
0.0
0.0 14.6 24.2
3.3
2.3
2.3
2.4
5.7
2.9
0.0
0.0
0.0
0.0 19.9 22.8
3.4
3.6
3.7
3.8
7.1
2.5
24.0
4.2
0.0
0.0 15.3
9.9
15.4
8.3
0.0
0.0 16.7 13.3
8.2
8.9
9.8 18.7
5.7
4.4
0.0
0.0
0.0
0.0
9.5
7.4
0.0
0.0
0.0
0.0
3.3
5.8
9.1 10.0 17.7 21.4
9.3
5.7
16.7 20.0
0.0
0.0 14.4 12.9
4.0
0.0
0.0
0.0 12.5
8.8
2.8
0.0
0.0
0.0
7.0
5.4
0.0
0.0
0.0
0.0 32.6 93.0
11.3
0.0
0.0
0.0 15.6 15.3
0.0
7.1 12.7
8.6
6.3
4.5
12.9 13.8 10.1
7.6 13.4
4.9
0.0
0.0
3.0
3.1
8.6
6.8

vs.

2003

Contenders

Company
Ticker
Name
Symbol
Pardee Resource CompanyPDER
PartnerRe Limited
PRE
People's United Financial PBCT
Perrigo Company plc
PRGO
Plains All American PipelinePAA
Polaris Industries
PII
PPL Corp.
PPL
Praxair Inc.
PX
Prosperity Bancshares
PB
PSB Holdings Inc.
PSBQ
Qualcomm Inc.
QCOM
Raytheon Company
RTN
Realty Income Corp.
O
Regal Beloit Corp.
RBC
RenaissanceRe Holdings RNR
Republic Bancorp KY
RBCAA
Republic Services Inc.
RSG
Reynolds American Inc.
RAI
RGC Resources Inc.
RGCO
Ritchie Brothers Auctioneers
RBA
Robert Half International Inc.
RHI
Rollins Inc.
ROL
Roper Industries Inc.
ROP
Ross Stores Inc.
ROST
Royal Gold Inc.
RGLD
Ryder System
R
SCANA Corp.
SCG
SEI Investments Company SEIC
Sempra Energy
SRE
Shire plc
SHPG
Silgan Holdings Inc.
SLGN
South Jersey Industries
SJI
Southern Company
SO
Southside Bancshares
SBSI
Span-America Medical Syste
SPAN
StanCorp Financial Group SFG
Steris Corp.
STE
StoneMor Partners LP
STON
Stryker Corp.
SYK
Sunoco Logistics Partners LP
SXL
Syngenta AG
SYT
Tanger Factory Outlet Cente
SKT
TC Pipelines LP
TCP

2000
0.000
1.040
0.254
0.000
0.913
0.220
0.530
0.310
0.160
0.432
0.000
0.001
1.110
0.480
0.500
0.124
0.000
0.775
0.550
0.000
0.000
0.026
0.140
0.038
0.050
0.600
1.138
0.037
1.140
0.000
0.000
0.730
0.819
0.097
0.115
0.135
0.000
0.000
0.033
0.000
0.000
0.607
1.825

10-24 Straight Years Higher Dividends


mn on left)

(and American Depository Receipts)

16 yrs
'99-'14
1999 RegDivs
0.000 43.140
1.000 27.530
0.218 7.502
0.000 2.865
0.922 24.863
0.200 11.900
0.500 17.058
0.280 19.388
0.025 7.310
0.415 9.367
0.000 8.415
0.001 16.458
1.080 24.566
0.480 9.480
0.467 13.188
0.097 6.295
0.000 7.420
0.388 23.669
0.540 9.940
0.000 4.007
0.000 5.140
0.026 1.731
0.130 5.113
0.033 3.891
0.000 4.745
0.600 13.740
1.320 26.233
0.015 2.472
1.560 23.860
0.000 3.549
0.000 4.093
0.720 17.713
0.819 24.714
0.092 6.098
0.100 4.595
0.060 10.020
0.000 4.760
0.000 21.915
0.030 5.983
0.000 8.770
0.000 12.804
0.604 11.431
0.000 38.620
vs.

2013
vs.

2012
vs.

2011
vs.

2010
vs.

2009
vs.

2008
vs.

2007
vs.

2006
vs.

2005
vs.

2004
vs.

2003
vs.

2002
vs.

2001
vs. (simpleStandard

2000 Mean

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 average)
Deviation
2.9
3.0 10.0 36.4 10.0 19.0 12.0 51.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0
9.7 14.8
4.7
3.2
5.5 14.6
9.0
2.2
7.0
7.5
5.3 11.8 13.3
4.3
4.5
5.8
4.0
6.9
3.6
1.5
1.6
1.6
1.6
1.6
4.1 12.4 12.4 13.7 13.5 10.7
7.6
6.1 11.7 16.5
7.8
5.3
16.7
9.1 13.8 12.6 13.2 11.0 10.8
7.2
6.2 12.1 31.8
0.0
0.0
0.0
0.0
9.6
8.1
9.7
9.7
8.6
4.0
3.6
3.6
6.5 14.4 11.5 11.8
5.3
3.5
8.4
6.8
0.0
7.2
3.8
14.3 13.5 64.4 12.5
2.6
2.6 11.8
9.7 10.7 21.7 48.4 10.7 12.0 13.6 10.0 17.2 16.2
1.2
1.9
2.9
0.4
1.1
3.0
9.8 10.9 14.6 17.1
6.5
6.9 35.8
0.0
6.0
7.9
9.0
8.3
9.1 10.0 11.1 12.5
6.7 25.0 20.0 38.9 20.0 31.1 20.4 11.8
9.7 10.7 16.4
9.1
11.6
7.5 14.3 12.9 12.7 10.0 11.1 12.5 21.2 14.8 18.6
3.2 23.7 18.8 540.0 48.9 131.4
2.6 13.2
2.7
2.8
2.9
3.0
3.1
3.2
3.3
4.1
0.0 25.0
4.8
3.0
4.2
5.2
5.9
23.8 34.7 15.6 12.8 10.4
8.1 14.8 20.0 32.4 51.1 87.5
0.0
0.0
0.0
0.0 20.8 22.8
10.0 11.4 15.9 16.0 18.6 10.5
9.0
6.9
9.3
7.5
0.0 298.8 24975.0
0.0
0.0 1692.6 6222.9
2.1 21.2
2.0
0.5
0.7
0.9
3.7
8.1
8.8
5.7 10.0
2.6
2.6
2.7
2.8
5.0
5.2
7.7
5.4
5.7
6.1
3.1
3.2
6.9
7.4
8.0
4.2
0.0
0.0
0.0
0.0
0.0
3.8
3.1
3.6
3.7
3.8
4.0
4.2
4.3
4.5
4.8
5.0 11.1 20.0
5.6
6.6
6.7
7.1
6.3
4.1
6.5
6.9
5.5
7.8
8.5
9.3 11.5 17.0 18.5 20.5 22.0 21.1 18.8 16.3 27.9 14.5
6.7
9.8
7.8
9.1
6.5
1.3
8.6 42.9 26.7 16.0 66.7 400.0
0.0
0.0
0.0
0.0 39.7 98.0
8.2
4.7
8.4 16.8
6.7
1.5
6.3 16.4 31.0 10.5
0.0
2.0 12.9
6.5 100.0 15.4 23.8
2.8
2.9
2.9
3.0
3.1
2.4
2.5
1.7
1.7
0.9
2.6
0.0
1.8
1.8
1.9
2.1
0.8
6.9
7.4
8.0
6.1
7.9 11.8 13.3 15.4 34.5 56.8 146.6
0.0
0.0
0.0
0.0 21.0 36.6
12.5
6.7
7.1
7.7
8.3
9.1 10.0 25.0 14.3 55.6
0.0
0.0
0.0
0.0
0.0 10.4 13.8
16.7 12.5 14.3 16.7 28.6 11.1 26.0 19.0 26.0 25.0 20.1 50.1
0.0
0.0
0.0 17.7 12.6
21.2 20.0 25.0 15.8 15.2 13.8 11.5 10.6 11.9
7.1 11.4
6.0 10.7
7.1
7.7 13.0
5.4
17.6 21.4 27.3 37.5 45.5 15.8 26.7 25.0 14.3 22.1 48.3 20.8 11.6 13.2 15.2 24.1 11.0
5.0 33.3 36.4 22.2 12.5 14.3
7.7 18.2 10.0 33.3 50.0 33.3 50.0
0.0
0.0 21.7 16.2
9.2
8.3
7.1
9.8
6.3
4.3
9.5 16.7 12.5
6.7
0.0
0.0
0.0
0.0
0.0
6.0
5.1
3.3
2.4
2.1
1.8
1.3
2.7
4.6
5.5
7.5
6.6
5.9
6.7
7.4
4.4
0.0
4.1
2.3
25.7 16.7 36.4 15.8 18.8
6.7 15.4 13.0
9.5 10.5 46.2 18.2 22.2 22.7 144.5 28.1 32.6
4.8
9.2 24.6 17.3
2.6 14.3
8.1
3.4
6.2 12.0
0.0
0.0
0.0
0.0
0.0
6.8
7.2
18.0 14.9 14.9 15.9 16.1 15.0 16.6 16.4 12.0 209.5
0.0
0.0
0.0
0.0
0.0 23.3 50.3
7.1 16.7
9.1
4.8 10.5 11.8
6.3 33.3 20.0 77.8
0.0
0.0
0.0
0.0
0.0 13.2 19.5
5.0
9.1 10.2 10.5 13.9 10.2 10.2
8.9
5.9
4.9
5.2
2.7
1.4
1.4
1.4
6.7
3.9
3.5
3.6
3.7
3.9
4.0
4.2
4.2
3.9
4.1
4.2
2.2
2.2 12.0 47.8
0.0
6.9 11.2
12.2
9.5 17.1
8.1 29.8 13.2 14.0 12.2
3.7 18.3 18.0 35.0 17.6 32.5
4.9 16.4
9.1
9.4
9.3 12.8
7.5
8.1
5.7
9.4 52.4 23.5 13.3
7.1 12.0
4.2
4.3 15.0 12.9 11.5
18.2 18.3
4.5
3.5
7.5
6.7
4.2 10.8
4.0 25.0 42.9 75.0 33.3 11.1 125.0 26.0 32.4
10.0 11.1 12.5 23.1 26.8 46.4 27.3 29.4 41.7
0.0
0.0
0.0
0.0
0.0
0.0 15.2 15.6
1.9
1.7
0.6
4.5
0.5
4.7
4.4
5.5
1.3
0.0
0.0
0.0
0.0
0.0
0.0
1.7
2.0
15.1 24.7 18.1 20.0 20.0 51.5 50.0 100.0 22.2 28.6 16.7 20.0 25.0 23.1
8.3 29.5 22.0
21.5 27.9 14.0
7.0
9.9 12.1 10.2
9.9 17.5 11.0 16.7 71.3
0.0
0.0
0.0 15.3 16.8
12.9 15.0 11.5 38.8
5.1 11.7 55.1 19.9 22.2 55.1 114.1 32.2
0.0
0.0
0.0 26.2 29.3
6.8
6.6
4.6
2.8
1.1
1.8
5.6
5.8
4.9
2.8
1.3
0.4
0.5
0.4
0.6
3.1
2.3
3.8
2.6
2.0
3.4
2.4
3.4
8.2 10.3
1.1
2.2
4.7
4.9
5.1
6.8
0.0
4.1
2.6

vs.

2014

Percentage Increase by Year

Contenders

Averages for

2000
0.000
0.041
0.085
0.080
0.075
0.685
0.140
0.039
0.160
0.000
1.080
0.373
0.413
0.780
0.000
0.260
0.635
1.540
0.078
1.685
0.103
0.010
0.173
0.740
1.435
0.000
0.000
0.600
0.000
0.685
1.311
0.000
0.320
0.000
0.383

16 yrs
'99-'14
1999 RegDivs
0.000 21.906
0.028 7.971
0.085 5.979
0.080 2.430
0.000 3.240
0.658 15.378
0.105 9.325
0.034 3.493
0.160 4.018
0.000 21.370
1.040 20.800
0.346 9.245
0.370 19.080
0.760 14.420
0.000 9.415
0.260 8.140
0.313 16.832
1.540 27.815
0.070 2.728
1.665 32.908
0.103 3.342
0.010 12.680
0.163 4.278
0.660 19.280
2.140 19.475
0.000 1.943
0.000 11.740
0.600 10.127
0.000 6.240
0.780 11.740
1.440 16.988
0.000 6.590
0.307 7.073
0.000 8.565
0.372 12.728

354 0.433 0.415 13.288

Company
Ticker
Name
Symbol
Teekay LNG Partners LP TGP
Teva Pharmaceutical Industri
TEVA
Texas Instruments
TXN
Texas Pacific Land Trust TPL
Thomasville Bancshares Inc.
THVB
Thomson Reuters Corp. TRI
Tiffany & Company
TIF
TJX Companies Inc.
TJX
Torchmark Corp.
TMK
Transmontaigne Partners LP
TLP
Travelers Companies
TRV
UMB Financial Corp.
UMBF
United Technologies
UTX
Urstadt Biddle Properties UBA
Utah Medical Products Inc. UTMD
Valmont Industries
VMI
Vector Group Ltd.
VGR
Verizon Communications VZ
VSE Corp.
VSEC
W.P. Carey Inc.
WPC
W.R. Berkley Corp.
WRB
Waste Management
WM
West Pharmaceutical Service
WST
Westamerica Bancorp
WABC
Westar Energy
WR
Westlake Chemical Corp. WLK
Westwood Holdings Group WHG
In
Williams Companies
WMB
Williams-Sonoma Inc.
WSM
Wisconsin Energy
WEC
Xcel Energy
XEL
Xilinx Inc.
XLNX
York Water Company
YORW
Yum! Brands Inc.
YUM
Averages for
249

10-24 Straight Years Higher Dividends


mn on left)

(and American Depository Receipts)

vs.

2013
vs.

2012
vs.

2011
vs.

2010
vs.

2009
vs.

2008
vs.

2007
vs.

2006
vs.

2005
vs.

2004
vs.

2003
vs.

2002
vs.

2001
vs. (simpleStandard

2000 Mean

9.6

9.5

9.8

9.8

7.0

7.1

11.4

12.5

14.4

16.3

12.2

6.1

5.6

1.2

4.2

9.1

3.9

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 average)
Deviation
2.5
1.7
5.4
6.3
3.9
4.6
9.8 10.3 177.6
0.0
0.0
0.0
0.0
0.0
0.0 14.8 43.6
6.0 23.6 14.8 20.5 23.6 20.3 30.6 25.8 13.8 34.2 23.4 79.6 39.8 57.0 49.3 30.8 18.4
15.9 50.7 26.8 14.3
8.9
9.8 36.7 130.8 23.8 18.0
4.7
0.0
0.0
0.0
0.0 22.7 32.2
8.0
8.7
9.5
5.0
5.3
5.6 12.5 23.1 18.2 10.0 25.0
0.0
0.0
0.0
0.0
8.7
7.8
6.7
7.1
7.7
8.3
9.1 10.0 25.0 33.3 20.0
8.7
2.2 12.5 14.3 16.7
0.0 12.1
8.4
1.5
1.6
3.2
6.9
3.6
3.7 10.2 11.4 11.4
4.6
4.1
2.8
0.7
2.2
4.2
4.8
3.4
9.1
8.2 13.0 24.1 27.9
6.3 36.2 30.6 28.6 27.3 22.2 12.5
0.0 14.3 33.3 19.6 10.8
21.8 25.0 22.2 26.3 21.3 11.9 23.5 25.9 20.0 32.4 25.9 20.0 28.6 12.9 14.8 22.2
5.5
12.1 15.8 28.6
9.0
8.9
1.8
5.8
8.3
9.1
0.0 15.8
5.6
0.0
0.0
0.0
8.1
7.6
2.3
1.6
3.3
2.9
1.3
4.4 18.9 12.4 207.3
0.0
0.0
0.0
0.0
0.0
0.0 17.0 51.1
9.7
9.5 12.6 12.8 14.6
3.4
5.3 11.9 11.0
4.6
0.0
0.0
3.6
3.7
3.8
7.1
4.7
4.7
4.9
5.1
5.4
5.7 11.1 14.5
7.8 15.9
4.8
5.0
1.2
3.7
2.3
7.5
6.6
4.0
7.5
8.1
8.8
9.7 10.4 14.5 17.0 12.2 16.5 25.7 23.3 15.8
8.9
9.1 11.5 13.3
5.4
1.0
1.0
1.0
1.0
1.0
1.1
3.3
2.2
2.3
2.3
2.4
2.4
2.5
2.6
2.6
1.9
0.8
2.0
2.1
2.1
0.5
1.6
2.2
2.3 13.5 23.8 40.0
0.0
0.0
0.0
0.0
0.0
6.0 11.1
31.6 17.3 17.4
9.5 12.5 19.1 17.5 11.1
9.1
3.1
3.2 10.7
7.7
0.0
0.0 11.3
8.1
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0 28.9
5.0 103.1 13.1 24.8
3.1
3.0
2.7
2.6
3.1
6.0
6.4
1.5
1.3
3.9
0.0
0.0
0.0
0.0
0.0
2.2
2.0
11.8 13.3 15.4 18.2 15.8 11.8 13.3 15.4 18.2 22.2 12.5
0.0
0.0
3.2 10.7 12.1
6.3
13.7 35.6 10.0
5.5
1.6
2.6
4.2
2.6
1.8
1.8
1.1
0.9
1.1
0.7
1.2
5.6
8.8
13.2 11.8 13.3 11.1 12.5
4.3 15.0 25.0 20.0
7.1
2.4 16.0
1.9
0.0
0.0 10.3
7.2
2.7
2.8
4.4
7.9
8.6
7.4 12.5
9.1 10.0
6.7 7400.0
0.0
0.0
0.0
0.0 498.1 1844.6
6.5
5.5
5.8
6.2
6.6
7.0
7.5
8.2
8.9
5.9
4.9
6.6
4.1
5.8
6.2
6.4
1.2
2.0
0.7
2.1
0.7
2.1
1.4
2.2
4.6
6.6 10.9 10.0 11.1
9.8 10.8 12.1
5.8
4.3
2.2
3.8
3.1
3.3
3.4
4.4
7.5
6.0
8.7 21.1
0.0
0.0
0.0
0.0
0.0
4.2
5.3
41.1 57.9 90.3 13.4 10.0
7.3 13.9 33.3 39.2 385.0
0.0
0.0
0.0
0.0
0.0 46.1 94.1
10.0
8.1
7.2
4.5 10.0
4.3 43.8 90.5 27.3 73.7 111.1 350.0
0.0
0.0
0.0 49.4 87.5
36.2 20.1 54.4 59.8 10.2
2.3 10.3 13.0 38.0 212.5 100.0
0.0
0.0 13.3
0.0 38.0 54.0
13.0 30.7 33.3 20.0 14.6
1.1
6.7 48.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0 11.2 14.9
8.0 20.4 15.4 30.0 18.5 25.0
8.0
8.7
4.5
6.0
3.7
0.0
0.0
0.0
0.0
9.9
9.4
7.3
3.8
3.4
3.0
3.1
3.2
3.3
3.4
3.6
7.0
5.3
0.0
0.0 14.5
0.0
4.1
3.5
11.3 14.1 16.4 14.1 10.3
7.4 20.0 32.4 30.8 73.3
0.0
0.0
0.0
0.0
0.0 15.3 18.6
3.5
3.5
2.0
2.3
1.6
4.1
2.5
5.4
7.7
7.6
7.4
3.8
4.0
4.2
4.3
4.3
1.9
10.5 15.5 15.0 17.6 12.8 14.7 29.5 98.1 23.3 115.0
0.0
0.0
0.0
0.0
0.0 23.5 33.9
9.9 10.0 11.0 11.1
7.9
7.8 12.0 14.0 17.3 20.2 14.5
6.2
6.4
0.0
3.0 10.1
5.1

vs.

2014

Percentage Increase by Year

23.2
(14.2)
3.9
(7.3)
(12.3)
(6.8)
(13.0)
4.6
(12.4)
(6.0)
(6.2)
(3.3)
1.4
(19.6)
(4.2)
(6.7)
6.5
n/a
(6.1)
(2.7)
(0.8)
0.3
(1.5)
(0.7)
(5.6)
(14.2)
(19.6)
(19.6)

(1394.8)

Factor
(8.2)
(13.9)
3.0
7.1
(1.0)
(4.0)
6.5
(5.0)
12.4
11.3
(7.4)
3.7
(27.8)
14.3

Rule
19.7
13.9
23.3
19.8
12.5
6.7
27.3
18.3
22.9
18.6
10.0
20.9
13.2
29.3
33.9
34.1
15.7
15.0
14.5
10.0
7.0
7.3
14.2
10.0
17.0
6.0
13.5
8.4
11.2
9.7
8.8
30.7
11.4
8.3
7.2
12.9
13.2
14.0
20.8
16.2
7.6
9.6
11.4

Factor 2015 2016 2017 2018 2019


77.9 0.66 0.73 0.80 0.88 0.97
72.6 0.09 0.10 0.11 0.12 0.13
61.2 1.97 2.14 2.35 2.59 2.85
71.5 2.59 2.66 2.83 3.02 3.22
62.0 0.36 0.36 0.37 0.39 0.40
54.3 2.16 2.23 2.33 2.44 2.56
69.7 2.29 2.49 2.73 3.00 3.29
69.0 1.08 1.18 1.29 1.41 1.53
58.9 3.78 4.14 4.55 5.01 5.51
58.7 2.72 2.87 2.90 2.93 2.96
58.3 2.16 2.28 2.40 2.53 2.67
73.1 0.20 0.22 0.24 0.27 0.30
41.1 3.83 4.21 4.32 4.43 4.54
72.9 2.49 2.73 3.01 3.31 3.64
51.0 1.00 1.11 1.22 1.34 1.47
71.5 0.81 0.89 0.98 1.08 1.18
60.0 1.49 1.64 1.81 1.99 2.19
79.9 0.48 0.53 0.59 0.64 0.71
73.0 1.20 1.32 1.43 1.55 1.68
58.1 0.66 0.70 0.73 0.76 0.79
47.3 1.05 1.09 1.16 1.24 1.33
42.1 0.93 0.94 0.97 1.01 1.05
74.2 1.08 1.19 1.28 1.38 1.48
59.4 1.21 1.26 1.30 1.34 1.38
54.1 2.97 2.97 3.06 3.15 3.24
41.5 0.90 0.90 0.93 0.95 0.98
58.0 1.40 1.43 1.50 1.57 1.65
62.4 1.19 1.24 1.25 1.27 1.28
68.3 0.81 0.90 0.98 1.08 1.19
67.7 1.40 1.47 1.62 1.78 1.96
60.2 0.88 0.91 1.00 1.10 1.21
65.3 0.52 0.57 0.61 0.66 0.72
31.1 11.95 12.31 12.68 13.06 13.45
49.9 0.99 1.07 1.10 1.13 1.17
74.3 0.77 0.85 0.93 1.02 1.13
60.4 2.66 2.69 2.84 3.00 3.17
60.7 2.66 2.69 2.84 3.00 3.17
59.7 1.64 1.78 1.96 2.15 2.37
62.9 1.07 1.17 1.29 1.42 1.56
41.8 4.89 4.89 5.19 5.51 5.86
67.9 0.41 0.46 0.50 0.55 0.60
42.8 4.47 4.92 5.18 5.45 5.74
74.6 1.41 1.55 1.70 1.87 2.06

$
4.03
0.53
11.90
14.32
1.88
11.72
13.80
6.49
22.99
14.37
12.03
1.23
21.33
15.18
6.14
4.94
9.13
2.95
7.19
3.64
5.86
4.91
6.42
6.48
15.39
4.66
7.55
6.23
4.97
8.23
5.09
3.08
63.43
5.47
4.70
14.35
14.35
9.89
6.52
26.34
2.52
25.75
8.60

%
6.3
1.6
12.8
13.4
10.2
23.3
13.6
10.9
46.3
41.7
19.9
4.6
43.8
12.1
5.4
8.3
14.8
6.9
11.6
13.6
22.5
22.8
10.4
9.8
4.7
18.7
23.1
12.0
8.0
14.3
10.1
7.9
11.6
15.5
13.6
28.0
29.7
15.2
11.8
23.9
7.9
31.6
10.0

Est. Payback

Company
Tickerdard
Sector
Name
Symbol
A.O. Smith Corp.
AOS
Industrials
Aaron's Inc.
AAN
Consumer Discretionary
Accenture plc
ACN
Information Tech
ACE Limited
ACE
Financials
Acme United Corp.
ACU
Industrials
AGL Resources
GAS
Utilities
Airgas Inc.
ARG
Materials
Albemarle Corp.
ALB
Materials
Alliance Holdings GP LP AHGP Energy
Alliance Resource PartnersARLP
L
Energy
Alliant Energy Corp.
LNT
Utilities
American Equity InvestmentAEL
Financials
AmeriGas Partners LP
APU
Utilities
Ameriprise Financial Inc. AMP
Financials
AmerisourceBergen Corp. ABC
Health Care
AmTrust Financial ServicesAFSI
I
Financials
Analog Devices Inc.
ADI
Information Tech
Andersons Inc. (The)
ANDE Consumer Staples
AptarGroup Inc.
ATR
Materials
Aqua America Inc.
WTR
Utilities
Arrow Financial Corp.
AROW Financials
Artesian Resources
ARTNA Utilities
Assurant Inc.
AIZ
Financials
Atlantic Tele Network Inc. ATNI
Telecommunications
Atrion Corp.
ATRI
Health Care
Auburn National Bancorp AUBN Financials
Avista Corp.
AVA
Utilities
Axis Capital Holdings Ltd. AXS
Financials
Badger Meter Inc.
BMI
Information Tech
BancFirst Corp. OK
BANF Financials
Bank of Marin Bancorp
BMRC Financials
Bank of the Ozarks Inc.
OZRK Financials
Bank of Utica
BKUT Financials
Bar Harbor Bankshares
BHB
Financials
Best Buy Corp.
BBY
Consumer Discretionary
BHP Billiton Ltd.
BHP
Materials
BHP Billiton plc
BBL
Materials
BOK Financial Corp.
BOKF Financials
Brinker International
EAT
Consumer Discretionary
British American Tobacco plc
BTI
Consumer Staples
Brown & Brown Inc.
BRO
Financials
Buckeye Partners LP
BPL
Energy
Bunge Limited
BG
Consumer Staples
Tweed Chowder Confid. Estimated Dividends to be Paid in Year:

5-year Total

10-24 Straight Years Higher Dividends

Past Performance is No Guarantee of Future Results

Dividend Growth Model


(based on Earnings Estimates, if available)

Special Formulas
(see Notes tab)

Contenders

(and American Depository Receipts)

Current Price as % from:


5-yr 52-wk 52-wk 50-day 200-day
Beta
Low
High
MMA
MMA
1.16
44.6
(4.5)
(0.3)
16.6
1.29
46.2
(7.4)
16.6
22.0
1.20
26.6
(3.7)
1.5
10.2
0.88
8.9
(8.9)
(4.4)
(1.8)
0.26
25.8
(9.1)
(1.0)
4.0
0.35
8.1
(12.1)
1.6
(2.6)
0.58
1.9
(14.5)
(7.9)
(8.4)
1.72
28.3
(20.6)
7.7
2.3
0.37
3.0
(30.8)
(3.2) (18.1)
0.88
10.7
(33.2)
(1.7) (16.8)
0.41
13.4
(13.5)
(2.7)
(0.3)
1.63
29.5
(9.9)
(6.7)
3.1
0.28
20.1
(6.1)
0.7
5.3
1.64
19.9
(9.4)
(4.8)
(1.1)
0.64
82.1
(1.6)
4.3
26.7
0.79
61.3
(2.9)
4.6
19.5
1.14
47.2
(4.8)
1.7
15.7
1.10
10.8
(38.5)
1.4
(19.2)
0.97
13.2
(8.8)
(2.5)
(1.5)
0.44
18.3
(4.4)
1.1
5.1
0.74
11.3
(6.9)
(2.4)
0.6
0.43
9.6
(5.7)
0.4
0.3
0.85
3.0
(11.7)
0.3
(4.5)
1.28
25.7
(10.8)
(3.4)
4.0
0.73
17.7
(8.7)
(1.9)
0.7
(0.13)
14.1
(1.2)
0.8
5.2
0.53
10.7
(14.1)
(2.9)
(1.9)
0.80
23.1
(4.0)
1.1
6.9
0.81
35.8
(5.2)
3.9
12.4
1.13
4.9
(16.0)
(3.8)
(6.1)
0.81
19.7
(6.0)
(1.0)
2.7
1.07
43.0
(5.7)
3.6
12.4
n/a
n/a
n/a
(5.5)
(3.0)
0.53
46.0
(3.3)
5.2
15.1
1.84
46.0
(16.4)
(9.5)
0.1
1.58
22.7
(27.4)
6.9
(5.4)
1.65
28.9
(29.1)
6.3
(4.2)
0.83
23.9
(5.0)
6.5
4.2
0.87
28.3
(12.3)
(7.5)
1.5
0.88
10.6
(6.9)
0.5
(0.1)
0.99
11.3
(4.6)
(2.2)
(0.3)
0.60
31.8
(2.7)
6.4
7.8
0.78
19.2
(7.0)
4.6
1.9

MMA=Moving Market Average

Technical Data

(4.9)

(111.4)

Factor
(10.5)
(3.5)
(3.8)
24.9
(3.6)
(0.9)
(10.8)
(1.6)
(3.1)
(5.6)
1.8
(12.1)
14.8
3.5
(7.0)
0.4
3.6
(12.4)
16.0
(7.2)
0.3
(10.7)
5.7
11.4
(41.4)
5.5
(11.0)
(39.0)
(21.9)
(21.0)
(33.1)
(16.0)
(12.1)
(12.9)
(8.6)
(31.3)
(48.2)
(7.8)
(13.2)
(5.5)
(19.5)

Rule
10.7
8.6
16.6
36.2
22.4
19.9
14.7
12.3
9.4
9.3
11.8
7.2
41.7
14.7
8.7
14.1
18.3
15.6
37.4
11.7
18.5
6.4
30.7
36.4
23.0
17.3
7.9
25.1
10.1
6.9
5.6
6.3
4.5
15.6
5.5
16.7
10.3
7.1
10.1
13.1
22.5
6.7
14.0

Factor 2015 2016 2017 2018 2019


66.7 1.57 1.73 1.90 2.09 2.30
38.1 1.73 1.78 1.84 1.89 1.95
72.5 1.00 1.10 1.20 1.33 1.46
79.2 0.88 0.97 1.07 1.17 1.29
74.9 1.42 1.56 1.72 1.89 2.08
75.5 0.84 0.84 0.93 1.02 1.12
47.4 0.83 0.83 0.85 0.88 0.90
74.0 2.66 2.75 3.02 3.31 3.63
34.7 1.42 1.46 1.50 1.55 1.59
59.9 1.05 1.14 1.15 1.17 1.19
49.1 0.46 0.48 0.49 0.51 0.52
50.5 1.16 1.24 1.27 1.31 1.35
72.8 1.34 1.46 1.60 1.76 1.93
46.0 1.61 1.66 1.71 1.76 1.81
59.8 1.25 1.31 1.43 1.58 1.73
70.6 2.64 2.90 3.19 3.51 3.87
62.0 2.87 3.16 3.19 3.22 3.25
70.5 1.38 1.50 1.65 1.82 2.00
72.5 3.85 4.20 4.62 5.08 5.59
66.5 1.27 1.40 1.50 1.61 1.72
74.3 0.66 0.73 0.80 0.88 0.96
54.8 2.23 2.42 2.59 2.78 2.98
77.9 1.16 1.28 1.41 1.55 1.71
57.1 0.39 0.43 0.48 0.52 0.58
56.3 2.22 2.44 2.69 2.96 3.25
60.4 2.24 2.26 2.29 2.31 2.33
42.3 0.86 0.86 0.89 0.93 0.97
37.0 3.35 3.69 3.88 4.08 4.29
45.2 2.42 2.56 2.71 2.86 3.03
42.1 0.54 0.55 0.57 0.59 0.61
30.4 0.48 0.49 0.51 0.52 0.54
39.7 3.18 3.38 3.53 3.69 3.86
50.7 0.30 0.33 0.36 0.40 0.44
73.3 1.10 1.21 1.33 1.46 1.61
61.3 1.56 1.71 1.77 1.84 1.90
59.2 1.39 1.53 1.69 1.86 2.04
53.7 1.65 1.81 2.00 2.19 2.41
49.7 0.51 0.51 0.52 0.54 0.56
48.1 1.49 1.64 1.66 1.68 1.70
70.8 0.56 0.62 0.63 0.63 0.64
57.0 1.35 1.48 1.56 1.64 1.73
44.0 5.07 5.58 6.09 6.66 7.27
66.1 1.63 1.72 1.83 1.95 2.07

$
9.60
9.19
6.08
5.39
8.66
4.75
4.28
15.37
7.52
5.70
2.46
6.33
8.10
8.54
7.30
16.12
15.68
8.36
23.34
7.51
4.03
13.00
7.11
2.40
13.57
11.44
4.50
19.30
13.59
2.85
2.53
17.65
1.82
6.72
8.79
8.52
10.07
2.63
8.16
3.08
7.76
30.67
9.20

%
14.9
20.1
9.4
16.2
10.3
5.8
8.2
17.7
19.0
27.2
15.1
13.3
10.0
17.4
20.9
18.2
23.1
5.8
17.6
12.3
11.2
17.8
7.2
22.4
21.3
12.6
22.5
30.4
19.0
18.9
12.1
22.8
16.7
6.0
14.4
16.3
15.1
12.3
23.8
3.1
14.7
13.8
18.9

Est. Payback

Company
Tickerdard
Sector
Name
Symbol
C.H. Robinson Worldwide CHRW Industrials
Cambridge Bancorp
CATC Financials
Canadian National RailwayCNI
Industrials
Canadian Natural Resources
CNQ
Energy
Cardinal Health Inc.
CAH
Health Care
Casey's General Stores Inc.CASY Consumer Staples
Cass Information Systems In
CASS Information Tech
Caterpillar Inc.
CAT
Industrials
CCFNB Bancorp Inc.
CCFN Financials
CenterPoint Energy
CNP
Utilities
Chesapeake Financial Share
CPKF Financials
Chesapeake Utilities
CPK
Utilities
Church & Dwight
CHD
Consumer Staples
Citizens Financial Services CZFS Financials
Community Bank System CBU
Financials
Compass Minerals Internatio
CMP
Materials
ConocoPhillips
COP
Energy
Costco Wholesale
COST Consumer Staples
Cracker Barrel Old CountryCBRL Consumer Discretionary
Crane Company
CR
Industrials
CSX Corp.
CSX
Industrials
Cullen/Frost Bankers
CFR
Financials
CVS Health Corp.
CVS
Consumer Staples
Daktronics Inc.
DAKT Information Tech
Darden Restaurants
DRI
Consumer Discretionary
Deere & Company
DE
Industrials
Delta Natural Gas
DGAS Utilities
Digital Realty Trust
DLR
Financials
Dominion Resources
D
Utilities
Donegal Group Inc. A
DGICA Financials
Donegal Group Inc. B
DGICB Financials
Duke Energy Corp.
DUK
Utilities
Eagle Bancorp Montana Inc.
EBMT Financials
Ecolab Inc.
ECL
Materials
Edison International
EIX
Utilities
Enbridge Inc.
ENB
Energy
Energy Transfer Equity LP ETE
Energy
Enterprise Bancorp Inc.
EBTC Financials
Enterprise Products Partners
EPD
Energy
EOG Resources Inc.
EOG
Energy
Equity LifeStyle Properties ELS
Financials
Essex Property Trust
ESS
Financials
Eversource Energy
ES
Utilities
Tweed Chowder Confid. Estimated Dividends to be Paid in Year:

5-year Total

10-24 Straight Years Higher Dividends

Past Performance is No Guarantee of Future Results

Dividend Growth Model


(based on Earnings Estimates, if available)

Special Formulas
(see Notes tab)

Contenders

(and American Depository Receipts)

Current Price as % from:


5-yr 52-wk 52-wk 50-day 200-day
Beta
Low
High
MMA
MMA
0.54
13.8
(16.5) (10.9)
(8.1)
n/a
8.9
(4.6)
3.6
1.1
0.89
13.6
(14.4)
(4.3)
(5.3)
1.37
28.1
(27.5)
7.3
(3.3)
0.52
36.1
(8.2)
(5.4)
5.3
0.64
29.5
(12.8)
(6.9)
1.3
1.16
35.2
(9.2)
(0.2)
8.7
1.65
12.0
(20.0)
6.4
(5.9)
n/a
17.9
(6.0)
0.0
2.6
0.39
3.7
(16.3)
0.3
(8.1)
n/a
n/a
n/a
3.2
4.7
0.44
23.0
(9.8)
(2.6)
2.5
0.46
28.8
(7.0)
(4.6)
6.9
n/a
n/a (15.0)
(2.4)
(6.2)
0.98
8.2
(9.6)
(0.9)
(0.9)
0.75
13.3
(7.7)
(3.9)
0.5
1.08
13.2
(20.4)
4.3
(3.3)
0.53
34.3
(7.0)
(3.8)
7.7
0.76
47.6
(16.6)
(9.4)
8.7
1.49
15.6
(19.4)
(4.7)
(3.1)
1.31
33.4
(4.6)
5.0
7.7
0.93
20.7
(9.8)
5.3
0.7
1.04
39.0
(5.5)
(3.0)
9.8
1.04
10.6
(23.3)
(1.6)
(9.6)
0.65
50.7
(8.6)
(2.2)
15.3
1.23
16.3
(2.0)
1.6
5.4
0.62
8.7
(10.6)
1.5
(1.3)
0.41
26.6
(14.8)
(3.5)
(2.8)
0.22
13.7
(10.6)
0.2
0.8
n/a
7.5
(8.3)
(1.5)
(3.4)
n/a
n/a (22.6)
0.9
(8.3)
0.15
16.2
(13.0)
0.5
0.1
0.30
7.0
(3.6)
0.1
1.7
0.69
14.9
(4.9)
(2.5)
1.3
0.38
16.6
(11.8)
(3.0)
(0.2)
0.43
26.1
(7.7)
6.2
8.8
0.96
47.9
(0.8)
4.4
13.5
1.28
20.7
(17.8)
0.2
0.3
0.65
11.5
(17.2)
4.0
(5.4)
1.22
22.5
(16.2)
7.2
2.9
0.57
31.4
(8.5)
(2.5)
7.5
0.69
32.9
(8.2)
(2.1)
8.4
0.40
19.2
(13.5)
(3.3)
(0.1)

MMA=Moving Market Average

Technical Data

(85.2)
(15.2)
n/a
(5.9)
11.9
(10.4)
6.8
(10.6)
(15.0)
(13.3)
0.5
(6.9)
(3.8)
(12.2)
(3.6)
(27.7)
(0.6)
(13.2)
(2.9)
(10.9)

(69.7)

Factor
(11.5)
(14.5)
(9.8)
(6.1)
0.5
(9.2)
(6.6)
(4.7)
1.5
(14.5)
(17.7)
8.9
(5.3)
(8.4)
(26.9)
(8.6)
6.7
2.7
(3.4)
(12.9)
3.4
(7.5)

Rule
12.4
15.3
5.5
6.4
25.3
10.2
7.0
10.5
8.8
12.5
7.8
22.7
12.2
15.5
15.2
9.4
17.6
18.5
18.7
8.4
15.8
23.1
7.8
9.4
12.1
14.2
6.2
26.9
12.0
17.6
12.0
12.1
9.7
28.2
14.4
22.5
13.7
16.9
8.9
14.6
6.2
7.9
9.3

Factor 2015 2016 2017 2018 2019


71.0 0.70 0.77 0.85 0.94 1.03
68.4 1.67 1.84 2.02 2.23 2.45
30.3 12.98 13.37 13.77 14.18 14.61
30.9 0.87 0.89 0.92 0.95 0.97
70.7 1.10 1.21 1.33 1.46 1.61
83.0 0.77 0.85 0.93 1.02 1.13
30.9 1.08 1.11 1.15 1.18 1.22
62.6 0.75 0.83 0.89 0.95 1.01
40.5 1.08 1.11 1.15 1.18 1.22
62.7 0.49 0.53 0.57 0.61 0.65
68.8 0.35 0.39 0.42 0.47 0.51
70.8 0.90 0.99 1.09 1.20 1.32
77.4 2.66 2.90 3.19 3.50 3.84
59.3 1.63 1.72 1.82 1.93 2.05
60.6 2.45 2.70 2.97 3.26 3.59
73.5 1.19 1.31 1.45 1.59 1.75
63.9 1.67 1.84 1.86 1.88 1.89
64.8 1.96 1.98 2.01 2.04 2.07
68.3 1.86 2.04 2.25 2.47 2.72
50.0 0.78 0.78 0.80 0.83 0.85
74.2 1.07 1.12 1.20 1.28 1.37
59.0 0.38 0.38 0.41 0.45 0.50
45.6 3.50 3.85 4.23 4.66 5.12
38.2 0.70 0.77 0.85 0.93 1.02
45.0 2.25 2.47 2.72 2.99 3.29
29.4 1.07 1.10 1.14 1.17 1.21
66.9 0.53 0.58 0.64 0.70 0.77
77.5 1.58 1.74 1.90 2.07 2.26
32.8 0.48 0.48 0.48 0.48 0.48
68.9 4.34 4.48 4.68 4.89 5.11
70.4 1.80 1.96 2.14 2.34 2.56
65.8 0.26 0.29 0.30 0.31 0.32
60.4 0.64 0.68 0.75 0.82 0.90
63.4 1.41 1.52 1.67 1.84 2.02
71.9 2.64 2.87 3.02 3.18 3.35
71.8 0.97 1.06 1.17 1.28 1.41
72.5 0.88 0.97 1.06 1.17 1.29
69.3 1.19 1.20 1.32 1.45 1.60
42.5 1.92 2.03 2.12 2.21 2.31
62.0 2.42 2.65 2.67 2.69 2.71
47.7 1.94 2.05 2.15 2.25 2.36
46.8 0.80 0.80 0.82 0.84 0.87
66.3 0.29 0.31 0.35 0.38 0.42

$
4.30
10.21
68.90
4.59
6.71
4.70
5.74
4.43
5.74
2.85
2.14
5.50
16.09
9.15
14.98
7.29
9.14
10.06
11.35
4.05
6.03
2.12
21.36
4.27
13.73
5.69
3.22
9.55
2.38
23.48
10.80
1.48
3.79
8.46
15.07
5.90
5.37
6.76
10.58
13.15
10.75
4.13
1.75

%
9.4
6.5
13.8
17.7
15.7
2.8
23.0
17.7
17.5
12.7
5.9
13.9
11.7
16.5
30.1
10.2
13.3
12.5
16.0
10.3
10.6
3.7
29.7
14.1
41.7
8.6
7.3
12.9
15.4
13.7
9.4
4.1
10.5
8.1
13.0
8.9
6.2
11.9
16.7
11.4
20.7
15.9
2.8

Est. Payback

Company
Tickerdard
Sector
Name
Symbol
Expeditors International
EXPD Industrials
Factset Research System InFDS
Information Tech
Farmers & Merchants Banco
FMCB Financials
Farmers and Merchants Ban
FMAO Financials
Fastenal Company
FAST Industrials
FedEx Corp.
FDX
Industrials
First Keystone Corp.
FKYS Financials
First of Long Island Corp. FLIC
Financials
First Robinson Financial Corp
FRFC Financials
Flowers Foods
FLO
Consumer Staples
Franklin Electric Co.
FELE Industrials
Gap Inc.
GPS
Consumer Discretionary
General Dynamics
GD
Industrials
General Mills
GIS
Consumer Staples
Genesis Energy LP
GEL
Energy
Graco Inc.
GGG
Industrials
Hanover Insurance Group (T
THG
Financials
Harris Corp.
HRS
Information Tech
Hasbro Inc.
HAS
Consumer Discretionary
Hawkins Inc.
HWKN Materials
HCC Insurance Holdings HCC
Financials
HDFC Bank Limited
HDB
Financials
Health Care REIT Inc.
HCN
Financials
Healthcare Services Group HCSG
I
Industrials
Holly Energy Partners LP HEP
Energy
Honat Bancorp Inc.
HONT Financials
Imperial Oil Ltd.
IMO
Energy
Infinity Property & CasualtyIPCC Financials
Inmarsat plc
IMASF Telecommunications
International Business MachIBM
Information Tech
International Flavors & Fragra
IFF
Materials
International Speedway Corp
ISCA
Consumer Discretionary
ITC Holdings Corp.
ITC
Utilities
J&J Snack Foods Corp.
JJSF
Consumer Staples
J.M. Smucker Co.
SJM
Consumer Staples
Jack Henry & Associates JKHY Information Tech
JB Hunt Transport ServicesJBHT Industrials
John Wiley & Sons Inc.
JW-A Consumer Discretionary
Kellogg Company
K
Consumer Staples
L-3 Communications Holding
LLL
Industrials
Laclede Group Inc.
LG
Utilities
Landmark Bancorp Inc.
LARK Financials
Landstar System Inc.
LSTR Industrials
Tweed Chowder Confid. Estimated Dividends to be Paid in Year:

5-year Total

10-24 Straight Years Higher Dividends

Past Performance is No Guarantee of Future Results

Dividend Growth Model


(based on Earnings Estimates, if available)

Special Formulas
(see Notes tab)

Contenders

(and American Depository Receipts)

Current Price as % from:


5-yr 52-wk 52-wk 50-day 200-day
Beta
Low
High
MMA
MMA
1.21
21.0
(7.4)
(3.4)
4.3
0.84
53.6
(2.8)
0.3
14.3
n/a
19.1
0.0
2.2
5.4
n/a
n/a
(4.6)
(0.1)
0.6
0.92
8.7
(14.3)
3.3
(2.0)
1.23
26.4
(7.4)
(1.3)
2.4
n/a
n/a
(5.7)
(2.9)
0.4
0.72
13.5
(14.6)
(2.0)
0.8
n/a
n/a
n/a
(2.8)
1.6
0.49
29.6
(5.4)
1.1
12.9
1.30
10.1
(12.3)
(3.7)
(1.7)
1.23
13.0
(14.0)
(4.1)
(2.6)
1.12
29.9
(5.1)
1.6
4.6
0.17
16.3
(3.4)
2.1
6.3
0.72
47.6
(9.2)
9.3
6.7
1.76
8.1
(12.1)
(1.8)
(4.3)
0.76
23.5
(7.3)
(3.3)
2.7
1.34
33.7
(3.1)
3.9
12.9
0.96
50.7
(4.7)
11.3
25.9
1.26
22.1
(11.7)
0.9
4.1
0.63
28.8
(3.0)
0.1
9.3
1.12
44.9
(11.2)
(4.6)
6.9
0.47
21.3
(14.3)
(6.0)
0.8
0.83
20.7
(12.9)
(6.9)
1.3
0.54
17.5
(9.2)
3.0
1.1
n/a
n/a
n/a
(3.3)
0.9
1.29
23.7
(17.8)
8.9
(1.2)
0.61
21.6
(15.6)
(6.0)
3.1
n/a
43.7
n/a
10.9
21.6
0.65
15.4
(11.1)
5.5
1.2
0.83
26.3
(6.4)
(3.2)
9.6
1.15
29.4
(3.6)
9.0
14.2
0.12
6.6
(17.8)
(2.6)
(4.7)
0.68
18.5
(9.4)
0.3
3.8
0.62
23.8
(2.3)
0.9
10.6
0.75
29.2
(5.3)
(1.9)
8.2
0.98
23.4
(6.7)
0.1
8.3
0.90
13.0
(12.7)
(6.9)
(3.4)
0.51
9.3
(8.7)
(1.1)
(0.6)
1.06
17.5
(13.1)
(9.0)
(3.9)
0.37
19.8
(6.0)
1.2
4.3
0.05
38.9
(9.7)
0.6
13.4
0.92
4.3
(22.6)
(6.9)
(9.6)

MMA=Moving Market Average

Technical Data

(0.9)
(19.7)
(24.1)
(0.4)
(2.4)
(60.3)
(8.8)
(11.2)
(4.9)
n/a
3.6
(2.1)
(10.1)
(12.3)
(37.7)
(0.5)
15.4
(6.1)
(13.6)
(3.1)
(3.5)
(1.8)
(10.5)
(5.9)
8.9
n/a
(24.0)
(3.8)
(2.3)
(3.6)
(18.5)
(12.6)

(8.6)

Factor
(6.8)
6.8
(15.0)
5.0
5.0
(7.2)
(16.5)
(15.5)
(30.9)
(13.4)

Rule
13.0
29.2
6.8
21.8
15.2
15.5
25.0
12.7
9.6
5.6
6.0
17.5
9.0
4.0
19.8
11.2
6.6
23.5
13.2
13.9
12.2
11.9
10.1
11.8
7.9
13.2
9.6
38.6
12.0
14.6
12.6
6.4
14.0
7.3
8.2
27.0
20.0
8.5
17.0
29.3
14.3
13.3
15.5

Factor 2015 2016 2017 2018 2019


72.0 0.93 1.02 1.11 1.22 1.33
61.2 1.07 1.18 1.25 1.33 1.41
58.8 1.19 1.28 1.39 1.52 1.66
74.0 6.04 6.64 7.23 7.88 8.58
50.0 1.41 1.45 1.50 1.54 1.59
63.3 2.76 3.03 3.33 3.67 4.03
39.8 0.19 0.19 0.20 0.20 0.21
70.1 0.46 0.51 0.56 0.62 0.68
51.1 1.09 1.20 1.32 1.45 1.59
53.6 1.02 1.12 1.23 1.35 1.49
57.5 0.74 0.81 0.87 0.93 1.00
55.1 1.75 1.76 1.85 1.95 2.04
52.8 0.65 0.71 0.73 0.75 0.78
46.0 1.57 1.72 1.89 2.08 2.29
69.9 1.17 1.29 1.38 1.49 1.59
49.0 0.39 0.40 0.42 0.43 0.44
28.8 0.44 0.44 0.46 0.47 0.49
65.6 0.55 0.61 0.67 0.73 0.81
73.6 1.96 2.15 2.37 2.61 2.87
67.5 1.39 1.53 1.69 1.86 2.04
37.7 0.91 0.93 0.96 0.99 1.02
80.6 1.46 1.60 1.76 1.94 2.13
36.5 1.14 1.14 1.18 1.21 1.25
51.7 3.35 3.68 3.84 4.01 4.19
45.3 1.33 1.33 1.37 1.41 1.46
51.4 0.48 0.53 0.59 0.65 0.71
66.7 0.94 0.98 1.04 1.11 1.17
56.2 4.44 4.67 5.08 5.53 6.01
71.0 3.19 3.43 3.65 3.88 4.12
74.5 1.06 1.16 1.28 1.41 1.55
75.2 2.34 2.58 2.84 3.12 3.43
32.1 0.81 0.83 0.86 0.88 0.91
77.1 2.98 3.28 3.50 3.74 3.99
53.8 1.76 1.86 2.00 2.15 2.31
43.3 1.21 1.21 1.25 1.29 1.32
55.9 1.39 1.53 1.55 1.56 1.58
48.9 2.73 3.00 3.03 3.06 3.09
38.7 0.79 0.79 0.81 0.84 0.86
50.9 2.22 2.24 2.32 2.39 2.47
62.7 2.34 2.56 2.75 2.96 3.18
46.0 3.04 3.34 3.46 3.58 3.71
55.2 1.01 1.10 1.17 1.25 1.33
71.8 1.24 1.37 1.50 1.65 1.82

$
5.61
6.24
7.04
36.37
7.49
16.82
0.98
2.84
6.65
6.21
4.35
9.35
3.62
9.56
6.92
2.08
2.30
3.36
11.95
8.51
4.81
8.90
5.92
19.08
6.91
2.96
5.24
25.74
18.26
6.45
14.31
4.29
17.49
10.08
6.28
7.62
14.90
4.08
11.65
13.80
17.14
5.87
7.59

%
8.4
7.9
15.3
19.5
16.0
20.1
23.7
5.8
20.3
18.7
19.5
18.0
4.3
20.1
14.2
10.4
13.2
5.6
10.5
12.0
15.8
18.7
20.4
28.6
10.9
10.6
17.2
5.8
18.1
6.5
14.2
16.4
11.4
19.3
21.0
13.5
18.6
12.4
32.3
28.7
40.8
17.4
7.8

Est. Payback

Company
Tickerdard
Sector
Name
Symbol
Lincoln Electric Holdings LECO Industrials
Lindsay Corp.
LNN
Industrials
Linear Technology Corp. LLTC Information Tech
Lockheed Martin
LMT
Industrials
Lyons Bancorp Inc.
LYBC Financials
Magellan Midstream Partners
MMP
Energy
Marketing Alliance Inc.
MAAL Financials
Matthews International
MATW Consumer Discretionary
Maxim Integrated Products MXIM Information Tech
McGrath Rentcorp
MGRC Industrials
MDU Resources
MDU
Utilities
Meredith Corp.
MDP
Consumer Discretionary
Mesa Laboratories Inc.
MLAB Information Tech
Microchip Technology Inc. MCHP Information Tech
Microsoft Corp.
MSFT Information Tech
Minden Bancorp Inc.
MDNB Financials
MOCON Inc.
MOCO Information Tech
Monro Muffler Brake Inc. MNRO Consumer Discretionary
Monsanto Company
MON
Materials
MSC Industrial Direct Co. Inc.
MSM
Industrials
Muncy Bank Financial Inc. MYBF Financials
Murphy Oil Corp.
MUR
Energy
National Bankshares
NKSH Financials
National Health Investors NHI
Financials
National Healthcare Corp. NHC
Health Care
National Interstate Corp. NATL Financials
New Jersey Resources
NJR
Utilities
NewMarket Corp.
NEU
Materials
NextEra Energy
NEE
Utilities
Nike Inc.
NKE
Consumer Discretionary
Norfolk Southern
NSC
Industrials
Northeast Indiana Bancorp NIDB Financials
Northrop Grumman
NOC
Industrials
NorthWestern Corp.
NWE
Utilities
Norwood Financial
NWFL Financials
Nu Skin Enterprises Inc. NUS
Consumer Staples
Occidental Petroleum
OXY
Energy
Oil-Dri Corp. of America ODC
Materials
Omega Healthcare Investors
OHI
Financials
ONEOK Inc.
OKE
Energy
ONEOK Partners LP
OKS
Energy
Owens & Minor Inc.
OMI
Health Care
Pall Corp.
PLL
Industrials
Tweed Chowder Confid. Estimated Dividends to be Paid in Year:

5-year Total

10-24 Straight Years Higher Dividends

Past Performance is No Guarantee of Future Results

Dividend Growth Model


(based on Earnings Estimates, if available)

Special Formulas
(see Notes tab)

Contenders

(and American Depository Receipts)

Current Price as % from:


5-yr 52-wk 52-wk 50-day 200-day
Beta
Low
High
MMA
MMA
1.21
10.3
(10.7)
0.4
(2.1)
1.20
9.1
(12.0)
(1.1)
(2.9)
1.18
24.4
(6.9)
(2.2)
2.8
0.61
22.2
(9.5)
(6.5)
1.0
n/a
n/a
n/a
(1.6)
3.6
0.56
27.9
(6.5)
3.8
3.5
n/a
n/a
n/a
(3.3)
0.1
1.14
23.7
(7.8)
(2.8)
4.1
0.95
32.2
(9.7)
(6.0)
4.3
1.11
17.4
(13.4)
2.3
(2.8)
0.80
11.4
(36.5)
1.6
(12.0)
1.13
26.1
(9.1)
(4.3)
4.1
0.73
55.5
(5.4)
13.6
15.7
1.08
31.1
(9.1)
(4.2)
3.3
1.10
29.7
(1.5)
13.5
9.0
n/a
19.1
n/a
3.7
4.3
0.23
41.2
(7.0)
3.7
8.1
0.56
28.2
(11.8)
(6.3)
6.9
1.39
8.7
(10.0)
(3.2)
(1.9)
0.98
4.9
(22.2)
(1.7)
(9.0)
n/a
n/a
n/a
(1.1)
(2.8)
1.68
13.6
(29.1)
(2.4)
(9.1)
0.93
5.7
(13.0)
(0.3)
(1.6)
0.40
20.8
(12.3)
(4.4)
1.9
0.86
24.5
(3.6)
(0.5)
5.6
0.91
14.5
(8.1)
1.0
0.8
0.54
30.9
(8.8)
(1.2)
6.7
1.08
31.5
(7.4)
(4.4)
7.7
0.34
13.4
(9.7)
(2.5)
0.6
0.76
39.8
(4.8)
0.3
9.0
1.12
11.2
(13.3)
(4.9)
(4.9)
n/a
n/a
(4.6)
(0.1)
0.2
0.98
33.8
(10.2)
(5.5)
7.7
0.53
18.4
(12.0)
(2.0)
1.6
0.07
13.2
(3.3)
4.0
5.5
1.62
50.6
(34.3)
(1.8)
15.7
1.45
11.8
(19.0)
4.4
(3.8)
0.50
36.6
(5.3)
2.5
8.9
0.74
11.4
(18.6)
(7.9)
(4.4)
0.99
24.9
(30.0)
2.8
(10.0)
0.29
18.8
(25.9)
2.6
(8.6)
0.76
9.5
(6.8)
(0.8)
0.1
1.44
27.9
(8.4)
(3.3)
5.4

MMA=Moving Market Average

Technical Data

Factor
n/a
3.0
(11.5)
(58.0)
(8.8)
1.0
(8.5)
(8.7)
1.4
(4.4)
5.9
1.8
(36.6)
(115.4)
(3.0)
(6.1)
(16.9)
(13.6)
(13.5)
(20.3)
(14.6)
(20.5)
(6.3)
8.0
(63.4)
(13.3)
(7.7)
(0.3)
(8.9)
1.6
(8.1)
(14.3)
(11.7)
(7.3)
(7.7)
(2.2)
(12.2)
n/a
(47.3)
(58.2)
0.6
(37.6)
(17.6)

Rule
14.6
9.5
6.0
13.3
12.5
21.3
5.9
12.5
13.8
6.6
22.0
16.9
9.9
6.8
5.0
10.2
9.6
12.5
6.6
9.5
9.9
18.9
20.0
30.4
22.7
9.7
6.3
23.5
14.1
16.2
10.8
13.5
8.6
18.5
12.5
12.0
17.9
10.2
21.0
19.6
19.6
7.7
7.8

Factor 2015 2016 2017 2018 2019


20.9 7.21 7.43 7.65 7.88 8.11
60.9 2.95 2.98 3.05 3.12 3.20
52.2 0.72 0.80 0.84 0.89 0.95
61.0 0.42 0.47 0.51 0.56 0.62
55.7 2.58 2.82 3.05 3.30 3.57
78.6 2.11 2.32 2.56 2.81 3.09
46.0 1.63 1.64 1.66 1.68 1.69
70.0 2.63 2.89 3.18 3.50 3.84
71.9 1.06 1.06 1.12 1.18 1.24
35.2 0.81 0.84 0.86 0.89 0.92
77.7 1.77 1.91 2.10 2.31 2.54
77.9 2.60 2.84 3.07 3.32 3.60
43.9 2.41 2.65 2.74 2.83 2.93
39.3 0.85 0.93 1.03 1.13 1.24
47.0 1.17 1.23 1.25 1.26 1.27
65.3 0.80 0.84 0.92 1.01 1.11
57.9 1.07 1.17 1.24 1.31 1.39
53.1 2.67 2.88 3.17 3.49 3.84
38.5 0.81 0.81 0.84 0.86 0.89
55.2 0.55 0.60 0.66 0.73 0.80
70.1 0.79 0.87 0.96 1.05 1.16
64.5 0.31 0.34 0.37 0.40 0.44
74.1 0.88 0.96 1.05 1.16 1.28
77.2 0.88 0.97 1.06 1.17 1.29
46.1 0.85 0.93 1.03 1.13 1.24
65.7 1.43 1.58 1.74 1.91 2.10
52.1 2.29 2.42 2.53 2.64 2.75
70.9 0.48 0.53 0.59 0.64 0.71
67.0 2.87 3.09 3.35 3.63 3.93
73.7 0.69 0.75 0.83 0.91 1.00
64.1 0.61 0.66 0.72 0.78 0.84
47.2 1.91 1.95 2.07 2.20 2.33
47.1 2.29 2.37 2.45 2.53 2.61
52.7 0.87 0.94 0.96 0.98 1.00
59.9 0.59 0.59 0.64 0.71 0.78
71.2 1.31 1.44 1.54 1.63 1.73
58.3 0.89 0.98 1.08 1.18 1.30
24.3 2.67 2.91 3.20 3.52 3.87
55.8 1.23 1.35 1.46 1.59 1.73
53.2 1.44 1.54 1.69 1.86 2.05
58.7 2.29 2.47 2.65 2.85 3.06
43.0 0.95 1.05 1.12 1.19 1.26
43.9 3.63 3.99 4.39 4.83 5.31

$
38.28
15.30
4.21
2.59
15.32
12.89
8.31
16.03
5.65
4.32
10.62
15.44
13.56
5.18
6.18
4.68
6.17
16.04
4.22
3.33
4.84
1.86
5.33
5.37
5.18
8.76
12.63
2.95
16.87
4.18
3.60
10.46
12.24
4.75
3.30
7.66
5.43
16.16
7.36
8.59
13.32
5.57
22.16

%
14.7
12.0
27.8
1.4
30.6
9.4
24.4
13.1
10.6
10.0
15.6
14.8
28.9
6.6
6.0
19.7
15.2
21.9
20.2
13.2
8.7
7.5
3.2
5.4
8.0
9.2
23.8
6.5
15.9
1.7
6.7
19.8
27.6
17.4
16.9
10.6
8.2
52.8
8.0
19.4
19.9
16.6
32.6

Est. Payback

Company
Tickerdard
Sector
Name
Symbol
Pardee Resource CompanyPDER Energy
PartnerRe Limited
PRE
Financials
People's United Financial PBCT Financials
Perrigo Company plc
PRGO Health Care
Plains All American PipelinePAA
Energy
Polaris Industries
PII
Consumer Discretionary
PPL Corp.
PPL
Utilities
Praxair Inc.
PX
Materials
Prosperity Bancshares
PB
Financials
PSB Holdings Inc.
PSBQ Financials
Qualcomm Inc.
QCOM Information Tech
Raytheon Company
RTN
Industrials
Realty Income Corp.
O
Financials
Regal Beloit Corp.
RBC
Industrials
RenaissanceRe Holdings RNR
Financials
Republic Bancorp KY
RBCAA Financials
Republic Services Inc.
RSG
Industrials
Reynolds American Inc.
RAI
Consumer Staples
RGC Resources Inc.
RGCO Utilities
Ritchie Brothers Auctioneers
RBA
Industrials
Robert Half International Inc.
RHI
Industrials
Rollins Inc.
ROL
Industrials
Roper Industries Inc.
ROP
Industrials
Ross Stores Inc.
ROST Consumer Discretionary
Royal Gold Inc.
RGLD Materials
Ryder System
R
Industrials
SCANA Corp.
SCG
Utilities
SEI Investments Company SEIC
Financials
Sempra Energy
SRE
Utilities
Shire plc
SHPG Health Care
Silgan Holdings Inc.
SLGN Materials
South Jersey Industries
SJI
Utilities
Southern Company
SO
Utilities
Southside Bancshares
SBSI
Financials
Span-America Medical Syste
SPAN Health Care
StanCorp Financial Group SFG
Financials
Steris Corp.
STE
Health Care
StoneMor Partners LP
STON Consumer Discretionary
Stryker Corp.
SYK
Health Care
Sunoco Logistics Partners LP
SXL
Energy
Syngenta AG
SYT
Materials
Tanger Factory Outlet Cente
SKT
Financials
TC Pipelines LP
TCP
Energy
Tweed Chowder Confid. Estimated Dividends to be Paid in Year:

5-year Total

10-24 Straight Years Higher Dividends

Past Performance is No Guarantee of Future Results

Dividend Growth Model


(based on Earnings Estimates, if available)

Special Formulas
(see Notes tab)

Contenders

(and American Depository Receipts)

Current Price as % from:


5-yr 52-wk 52-wk 50-day 200-day
Beta
Low
High
MMA
MMA
n/a
n/a
n/a
8.1
1.0
0.89
26.5
(3.5)
8.5
13.1
0.85
14.9
(1.1)
0.9
4.6
0.29
46.6
(15.0)
6.0
15.7
0.57
18.0
(14.8)
2.9
(3.3)
1.37
11.3
(13.5)
(6.4)
(6.7)
0.23
10.6
(9.8)
1.4
0.7
0.80
5.0
(8.2)
(1.5)
(3.2)
1.37
19.1
(15.1)
2.2
(2.7)
n/a
n/a
n/a
7.6
15.8
1.19
9.9
(15.6)
(2.2)
(5.6)
0.71
18.7
(7.7)
(4.0)
1.8
0.39
19.4
(14.2)
(6.4)
1.0
1.40
26.5
(2.9)
0.7
8.3
0.48
9.5
(5.1)
0.8
2.5
1.00
9.8
(10.5)
(1.7)
1.1
0.59
21.4
(2.7)
0.2
3.8
0.59
37.6
(5.6)
0.7
14.5
(0.03)
13.9
(17.8)
(0.7)
2.0
1.03
18.5
(6.8)
(0.4)
2.8
1.40
29.2
(12.4)
(8.0)
0.8
0.80
36.0
(3.2)
3.5
15.7
0.97
24.0
(4.7)
(0.7)
8.1
0.76
61.1
(9.2)
(4.5)
14.3
0.21
17.0
(21.3)
(1.0)
(5.6)
1.71
24.6
(5.3)
0.3
5.5
0.29
13.0
(18.4)
(3.8)
(2.5)
1.10
49.0
(2.2)
4.1
16.1
0.39
12.7
(8.1)
(2.1)
(0.4)
0.70
56.2
(7.9)
0.2
5.6
0.63
17.9
(8.9)
(5.9)
3.2
0.68
3.6
(13.1)
(2.9)
(5.2)
0.08
8.2
(15.7)
(1.0)
(2.7)
0.72
12.0
(20.4)
(5.6)
(9.2)
0.28
25.6
(9.1)
3.1
8.6
1.19
27.0
(2.6)
5.5
10.1
0.97
43.0
(6.9)
(1.8)
8.1
0.58
40.7
(1.0)
5.8
17.9
0.99
21.4
(5.4)
(0.9)
4.7
0.63
26.8
(14.7)
4.1
(0.3)
1.05
14.2
(16.0)
(2.8)
0.1
0.29
5.9
(16.5)
(3.7)
(4.7)
0.39
49.4
(14.3)
5.8
7.9

MMA=Moving Market Average

Technical Data

Averages for

354

(9.0)

Factor
(6.1)
2.8
4.1
(28.9)
(28.4)
(10.8)
(5.5)
4.1
1.9
(14.7)
4.4
(11.7)
(4.9)
(12.8)
(14.3)
(1.6)
(52.9)
(13.8)
(3.2)
(12.4)
3.2
(9.4)
(23.5)
(13.8)
(9.0)
25.0
(5.5)
21.2
1.4
2.7
(8.8)
(2.0)
(23.3)
(22.2)
(7.4)
11.8

Rule
11.1
19.7
25.0
7.5
9.2
6.6
17.9
24.6
15.6
9.3
14.2
7.0
11.2
5.9
3.6
18.6
12.2
7.3
15.4
18.7
13.3
8.4
6.9
5.0
7.0
40.4
11.4
39.3
24.0
21.7
7.9
16.1
5.0
16.2
12.7
69.3

1.68

1.84

1.99

2.14

2.31

Factor 2015 2016 2017 2018 2019


30.5 2.79 2.82 2.96 3.11 3.27
61.8 1.49 1.51 1.51 1.52 1.53
72.8 1.36 1.50 1.65 1.82 2.00
50.2 0.30 0.30 0.31 0.32 0.32
39.0 0.41 0.42 0.44 0.45 0.46
54.8 1.45 1.60 1.75 1.91 2.09
75.7 1.58 1.74 1.92 2.11 2.32
75.5 0.72 0.79 0.87 0.96 1.05
74.7 0.53 0.58 0.63 0.69 0.74
27.9 2.67 2.81 2.90 2.98 3.07
73.5 2.36 2.40 2.53 2.68 2.83
60.3 0.91 1.00 1.10 1.21 1.33
77.0 2.59 2.84 3.10 3.37 3.68
37.4 1.11 1.22 1.28 1.35 1.41
31.1 1.02 1.02 1.05 1.08 1.11
75.5 1.26 1.39 1.53 1.68 1.85
40.3 1.56 1.71 1.89 2.07 2.28
40.0 2.16 2.26 2.39 2.53 2.68
65.2 0.38 0.39 0.42 0.46 0.49
48.5 3.98 4.10 4.22 4.35 4.48
78.2 0.47 0.51 0.55 0.59 0.63
51.7 1.52 1.64 1.74 1.83 1.94
63.1 0.45 0.50 0.55 0.60 0.66
39.1 1.54 1.59 1.67 1.75 1.84
46.7 1.47 1.56 1.61 1.66 1.71
65.2 0.64 0.68 0.68 0.69 0.70
51.4 1.94 1.94 1.99 2.05 2.12
64.5 2.15 2.37 2.61 2.87 3.15
64.6 1.43 1.57 1.73 1.90 2.09
65.1 1.61 1.70 1.80 1.90 2.01
54.7 1.25 1.33 1.39 1.46 1.53
67.5 1.19 1.28 1.39 1.51 1.65
42.9 0.63 0.66 0.70 0.73 0.77
62.4 1.54 1.69 1.86 2.04 2.25
70.0 1.68 1.85 2.02 2.21 2.42
9.96

$
14.96
7.55
8.33
1.54
2.19
8.79
9.67
4.38
3.18
14.44
12.79
5.55
15.58
6.38
5.26
7.71
9.51
12.03
2.15
21.11
2.74
8.67
2.75
8.38
8.02
3.39
10.04
13.15
8.73
9.01
6.97
7.02
3.48
9.37
10.19
14.4

%
38.0
12.5
15.4
1.0
8.0
21.4
11.1
6.8
5.7
38.3
12.7
11.1
13.7
30.7
9.8
6.1
43.0
23.8
3.0
33.3
5.6
17.5
5.2
19.2
21.3
4.4
17.1
25.7
11.9
18.3
20.5
16.2
13.8
10.9
14.6

Est. Payback

Company
Tickerdard
Sector
Name
Symbol
Teekay LNG Partners LP TGP
Energy
Teva Pharmaceutical Industri
TEVA Health Care
Texas Instruments
TXN
Information Tech
Texas Pacific Land Trust TPL
Financials
Thomasville Bancshares Inc.
THVB Financials
Thomson Reuters Corp. TRI
Consumer Discretionary
Tiffany & Company
TIF
Consumer Discretionary
TJX Companies Inc.
TJX
Consumer Discretionary
Torchmark Corp.
TMK
Financials
Transmontaigne Partners LP
TLP
Energy
Travelers Companies
TRV
Financials
UMB Financial Corp.
UMBF Financials
United Technologies
UTX
Industrials
Urstadt Biddle Properties UBA
Financials
Utah Medical Products Inc. UTMD Health Care
Valmont Industries
VMI
Industrials
Vector Group Ltd.
VGR
Consumer Staples
Verizon Communications VZ
Telecommunications
VSE Corp.
VSEC Industrials
W.P. Carey Inc.
WPC
Financials
W.R. Berkley Corp.
WRB
Financials
Waste Management
WM
Industrials
West Pharmaceutical Service
WST
Health Care
Westamerica Bancorp
WABC Financials
Westar Energy
WR
Utilities
Westlake Chemical Corp. WLK
Materials
Westwood Holdings Group WHG
In
Financials
Williams Companies
WMB Energy
Williams-Sonoma Inc.
WSM Consumer Discretionary
Wisconsin Energy
WEC
Utilities
Xcel Energy
XEL
Utilities
Xilinx Inc.
XLNX Information Tech
York Water Company
YORW Utilities
Yum! Brands Inc.
YUM
Consumer Discretionary
Averages for
249
Tweed Chowder Confid. Estimated Dividends to be Paid in Year:

5-year Total

10-24 Straight Years Higher Dividends

Past Performance is No Guarantee of Future Results

Dividend Growth Model


(based on Earnings Estimates, if available)

Special Formulas
(see Notes tab)

Contenders

(and American Depository Receipts)

0.79

21.3

(10.3)

(0.6)

2.6

Current Price as % from:


5-yr 52-wk 52-wk 50-day 200-day
Beta
Low
High
MMA
MMA
0.68
23.8
(10.9)
8.1
2.7
0.59
29.1
(12.1)
(1.1)
7.7
1.22
33.3
(9.1)
(5.3)
5.3
1.13
45.6
(37.7)
4.0
(2.1)
n/a
n/a
n/a
(0.3)
0.5
0.90
23.7
(3.7)
1.4
7.3
1.80
6.2
(20.3)
0.6
(7.6)
0.65
25.4
(9.1)
(5.1)
2.0
1.09
13.4
(1.4)
2.3
5.2
0.33
26.5
(19.3)
11.6
4.2
0.90
15.7
(8.5)
(5.4)
0.8
1.33
5.8
(22.8)
(4.5)
(8.5)
1.12
18.2
(8.6)
(4.4)
2.0
0.66
8.9
(13.7)
(6.5)
(3.3)
0.34
22.3
(15.7)
(8.1)
(2.5)
1.01
8.3
(21.9)
2.8
(3.6)
0.28
29.2
(3.1)
0.3
4.8
0.37
14.5
(2.7)
3.4
5.1
0.58
49.7
(15.4) (11.4)
8.6
0.74
10.2
(12.9)
(5.8)
(4.6)
0.63
15.9
(7.5)
(2.6)
0.4
0.67
18.2
(11.4)
(8.0)
0.5
0.77
37.1
(11.5)
(4.6)
7.9
1.15
7.4
(17.2)
0.1
(5.1)
0.35
13.7
(13.7)
(1.9)
(0.2)
2.23
46.3
(20.4)
9.7
5.7
1.00
15.1
(14.0)
(4.0)
(1.9)
1.36
30.6
(11.4)
3.5
1.5
1.16
23.9
(12.8)
(6.6)
1.6
0.19
20.2
(14.7)
(1.7)
1.6
0.22
18.0
(10.8)
(2.0)
2.1
1.38
21.3
(10.5)
3.0
2.9
0.43
36.1
0.6
6.5
16.3
0.80
32.1
(1.7)
8.0
16.6
0.83
23.1
(11.0)
(0.3)
2.7

MMA=Moving Market Average

Technical Data

Industry
Chemical-Specialty
Banking
Technology-Software
Insurance
Insurance
REIT-Office
Utility-Elec/Gas
Insurance
Insurance
Technology-Hardware
Utility-Electric
Insurance
Utility-Water
Banking
Technology-Hardware
Biotechnology
Beverages-Alcoholic
Health Care Services
REIT-Residential
Industrial Equipment
Technology-Hardware
Technology-Hardware
Food Processing
Insurance
REIT-Hotel/Motel
Oil&Gas
Security Hardware
Auto Parts
Technology-Hardware
Business Equipment
Electronics
Aerospace/Defense
Chemical-Specialty
Banking
Banking
Banking
Staffing Services
Drugs
Banking
REIT-Office
Financial Services
Restaurants
Drugs
N
Y
N
Y
N
Y
Y
Y
Y
Y
N
Y
N
Y
N
Y
Y

406
678
481
429
586
576
600
357
636
381
553
362
400
664
512
607
548
621
682
447
494
533
361
619
575
495
503
488
470
695
544
430
438
571
537
556
551
380
685
577
461
355
441
7
5
6
6
5
5
5
9
5
8
5
9
8
5
5
5
5
5
5
6
5
5
9
5
5
5
5
6
6
5
5
6
6
5
5
5
5
8
5
5
6
9
6

N
Y
N
Y
N
Y
Y
Y
N
N
N
Y
N
Y
N
Y
Y

SP

Seq DR

Yrs

Price
42.45
18.90
22.82
24.14
106.87
92.38
50.30
41.14
69.66
41.68
56.87
63.20
54.52
24.94
52.42
157.91
120.04
150.93
37.73
41.77
19.79
50.99
2.25
47.83
9.06
126.36
28.99
118.72
116.88
55.59
13.77
31.32
52.42
31.77
55.17
15.74
44.47
68.74
38.29
20.75
363.94
43.02
63.73

No. CCC DRIP Fees 4/30/15

Div.
Yield
1.93
3.17
1.01
6.80
0.94
3.20
4.02
2.19
1.72
1.73
3.73
1.58
2.49
3.21
0.69
2.00
2.70
1.66
3.18
2.59
2.02
0.59
3.20
3.09
5.30
1.08
1.48
1.89
1.30
2.66
3.05
4.23
0.57
4.85
4.26
2.73
1.98
3.03
2.82
5.01
2.40
2.88
2.32

@=AnnualizedRate

SA=Semi-Annual

Note
B05
B22
May Annual Div.
JuOc SA,@ADR-UK
A30
A15
C01 Former Challenger
A02 Switz,US$,RecDStrk
A01
C02
C10
A27
C01
B15
C30
C06
MyNo SA,@,Belgium
C25 (Formerly WellPoint)
B29 &
B27
C13 '14=Y5;toBeDutch
MyOc SA,@ADR-UK
A24
C20 Former Contender
A15
C15 2014=Year 5
May Annual,Sweden
C04 Sweden,US$
C31 Singapore,US$
C17 Former Champion
B21
JuDe SA,@ADR-UK
Jan Annual
A15 Panama,US$
A29 @ADR-Canada
C12 @ADR-UK
C05
A01 Spin-off-mid'15
C01 Former Champion
A15
C24
C16 2014=Year 9
B02
Sch

Qtly

Most Recent Dividend Increase Information


Quarterly Rate
MR%
Dividend Dates
Old
New
Inc.
Ex-Div
Record
Pay
0.2000 0.2050
2.50 10/23/14 10/27/14 11/5/14
0.1400 0.1500
7.14 4/30/15
5/4/15
5/22/15
0.2000 0.2300 15.00 3/26/15
3/30/15
5/13/15
0.7330 0.8212 12.02 9/10/14
9/12/14
10/27/14
0.2250 0.2500 11.11 1/13/15
1/15/15
1/30/15
0.7200 0.7400
2.78 12/29/14 12/31/14 1/15/15
0.4900 0.5050
3.06 2/12/15
2/16/15
3/1/15
0.1667 0.2250 34.97 6/20/14
6/24/14
7/2/14
0.2800 0.3000
7.14 2/26/15
3/2/15
4/1/15
0.1500 0.1800 20.00 8/7/14
8/11/14
9/2/14
0.5000 0.5300
6.00 11/6/14
11/10/14 12/10/14
0.2200 0.2500 13.64 10/13/14 10/15/14 10/27/14
0.3100 0.3400
9.68 5/7/15
5/11/15
6/1/15
0.1800 0.2000 11.11 4/29/15
5/1/15
5/15/15
0.0600 0.0900 50.00 6/12/14
6/16/14
6/30/14
0.6100 0.7900 29.51 2/10/15
2/12/15
3/6/15
1.5141 1.6198
6.98 11/6/14
11/10/14 11/28/14
0.4375 0.6250 42.86 3/6/15
3/10/15
3/25/15
0.2800 0.3000
7.14 5/13/15
5/15/15
5/29/15
0.2500 0.2700
8.00 2/11/15
2/13/15
2/27/15
0.0900 0.1000 11.11
5/21/13
5/23/13
6/13/13
0.1146 0.1511 31.89 9/3/14
9/5/14
10/14/14
0.0160 0.0180 12.50 10/1/14
10/3/14
10/24/14
0.3600 0.3700
2.78 3/2/15
3/4/15
3/20/15
0.1133 0.1200
5.90 12/29/14 12/31/14 1/15/15
0.2250 0.3400 51.11
5/29/13
5/31/13
6/15/13
0.3929 0.4290
9.18 5/8/14
5/12/14
6/2/14
0.5400 0.5600
3.70 5/18/15
5/20/15
6/4/15
0.3500 0.3800
8.57 3/18/15
3/20/15
3/31/15
0.3500 0.3700
5.71 6/1/15
6/3/15
6/17/15
0.0950 0.1050 10.53 11/5/14
11/7/14
11/21/14
0.6180 0.6625
7.20 10/22/14 10/24/14 12/8/14
0.2600 0.3000 15.38 12/24/14 12/29/14 1/27/15
0.3500 0.3850 10.00 12/31/14 1/5/15
1/13/15
0.5830 0.5880
0.86 10/3/14
10/7/14
10/29/14
0.1014 0.1076
6.07 11/5/14
11/7/14
12/12/14
0.1800 0.2200 22.22 11/19/14 11/21/14 12/5/14
0.4900 0.5200
6.12 6/4/14
6/6/14
7/1/14
0.2400 0.2700 12.50 5/13/15
5/15/15
6/1/15
0.2500 0.2600
4.00 12/29/14 12/31/14 1/15/15
1.9300 2.1800 12.95 3/4/15
3/6/15
3/24/15
0.2750 0.3100 12.73
8/29/13
9/3/13
9/16/13
0.3600 0.3700
2.78 12/30/14 1/2/15
2/2/15

Company
Ticker
Name
Symbol
A. Schulman Inc.
SHLM
Access National Corp.
ANCX
Activision Blizzard Inc.
ATVI
Admiral Group plc
AMIGY
Aetna Inc.
AET
Alexandria Real Estate Equit
ARE
Allete Inc.
ALE
Allied World Assurance Co.AWH
H
Allstate Corp.
ALL
Altera Corp.
ALTR
American Electric Power Co.
AEP
American Financial Group In
AFG
American Water Works
AWK
Ames National Corp.
ATLO
Ametek Inc.
AME
Amgen Inc.
AMGN
Anheuser-Busch InBev SA/N
BUD
Anthem Inc.
ANTM
Apartment Investment & Man
AIV
Applied Industrial Technolog
AIT
Applied Materials Inc.
AMAT
ARM Holdings plc
ARMH
Armanino Foods of Distinctio
AMNF
Arthur J. Gallagher & Co. AJG
Ashford Hospitality Trust AHT
Ashland Inc.
ASH
Assa Abloy AB
ASAZY
Autoliv Inc.
ALV
Avago Technologies Ltd. AVGO
Avery Dennison Corp.
AVY
AVX Corp.
AVX
BAE Systems plc
BAESY
Balchem Inc.
BCPC
Banco Latinoamericano DeBLX
C
Bank of Nova Scotia
BNS
Barclays plc
BCS
Barrett Business Services InBBSI
Baxter International Inc.
BAX
BB&T Corp.
BBT
BioMed Realty Trust Inc. BMR
BlackRock Inc.
BLK
Bob Evans Farms
BOBE
Bristol-Myers Squibb Co. BMY

5-9 Straight Years Higher Dividends

End-of-month update at: http://dripinvesting.org/Tools/Tools.htm


Dates in Green (centered) indicate increase (by Ex-Div. Date) expected in next 2 months
Dates in Red (right-aligned) indicate last increase more than a year ago (Ex-Div Date)&=MultiIncThisYr

Challengers

(and American Depository Receipts)

N
N
N
Y
N
N
N
N
N
N
N
N
Y
Y

448
383
394
524
410
519
496
652
440
445
573
528
633
483
432
446
427
476
466
504
653
502
622
370
420
393
463
436
674
366
395
698
390
578
626
665
579
359
364
641
368
532
686
6
8
8
5
7
5
5
5
6
6
5
5
5
6
6
6
6
6
6
5
5
5
5
9
6
8
6
6
5
9
8
5
8
5
5
5
5
9
9
5
9
5
5

N
N
N
Y
N
N
N
N
N
N
N
N
Y
N

SP

Seq DR

Yrs

Price
44.21
53.92
43.93
69.88
12.41
12.37
27.82
75.08
44.79
20.63
18.01
56.27
11.79
66.36
18.82
27.64
115.25
31.75
16.86
124.40
28.83
54.35
90.91
33.93
38.21
44.41
37.86
25.91
29.70
62.70
57.76
47.41
131.28
48.08
20.93
21.20
23.07
138.26
40.80
17.05
30.24
111.02
57.97

No. CCC DRIP Fees 4/30/15

Div.
Yield
1.27
2.00
4.83
2.52
1.88
4.85
9.85
3.73
0.22
2.13
5.89
1.49
2.24
1.81
5.27
4.34
0.76
4.41
1.84
0.51
2.91
2.94
2.20
3.42
3.53
2.52
2.64
5.71
2.42
0.96
1.73
1.77
1.68
3.49
2.29
9.34
2.77
2.26
7.55
4.05
1.19
3.04
1.93
A02
A01
C31
FeSe
C31
B25
B14
A17
JaJl
B23
A15
C19
C31
B15
C31
Mo.
C03
A15
C30
C02
A22
B15
C25
B27
A01
C19
C26
A15
B20
C04
A22
A01
B20
A15
C31
B15
A15
C02
B14
A07
JlDe
ApOc
C01

Sch

Qtly

Semi-Annual
SA,@ADR-UK

&

ADR-Neth,US$

Former Champion

Also CMCSK

16 Special-5/20

2014=Year 6

@ADR-Canada
Monthly Div.

Semi-Annual Div

2014=Year 5

Bermuda,US$
SA,@ADR-UK
@ADR-Canada

Note

@=AnnualizedRate

SA=Semi-Annual

Most Recent Dividend Increase Information


Quarterly Rate
MR%
Dividend Dates
Old
New
Inc.
Ex-Div
Record
Pay
0.1200 0.1400 16.67 2/11/15
2/13/15
3/2/15
0.2100 0.2700 28.57 9/11/14
9/15/14
10/1/14
0.4800 0.5300 10.42 2/25/15
2/27/15
3/31/15
0.7492 0.8807 17.54 8/13/14
8/15/14
9/15/14
0.0506 0.0584 15.58 12/11/14 12/15/14 12/31/14
0.1250 0.1500 20.00 8/8/14
8/12/14
8/25/14
0.6800 0.6850
0.74
7/31/13
8/2/13
8/14/13
0.6600 0.7000
6.06 3/27/15
3/31/15
4/17/15
0.0450 0.0500 11.11 1/14/15
1/16/15
1/30/15
0.1000 0.1100 10.00 2/3/15
2/5/15
2/23/15
0.2450 0.2650
8.16 12/26/14 12/30/14 1/15/15
0.1800 0.2100 16.67 8/27/14
8/29/14
9/19/14
0.0600 0.0660 10.00 3/17/15
3/19/15
3/31/15
0.2500 0.3000 20.00 4/30/15
5/4/15
5/15/15
0.2331 0.2481
6.44 12/11/14 12/15/14 12/31/14
0.0800 0.1000 25.00 1/28/15
1/30/15
2/27/15
0.2000 0.2200 10.00 8/14/14
8/18/14
9/3/14
0.3000 0.3500 16.67 3/27/15
3/31/15
4/15/15
0.0750 0.0775
3.33 3/12/15
3/16/15
3/30/15
0.1400 0.1600 14.29 5/13/14
5/15/14
6/2/14
0.1900 0.2100 10.53 3/31/15
4/2/15
4/22/15
0.3625 0.4000 10.34
5/2/14
5/5/14
5/15/14
0.4700 0.5000
6.38 3/6/15
3/10/15
3/25/15
0.2700 0.2900
7.41 2/4/15
2/6/15
2/27/15
0.3000 0.3375 12.50
6/5/13
6/7/13
7/1/13
0.2500 0.2800 12.00 3/4/15
3/6/15
3/19/15
0.2200 0.2500 13.64 3/11/15
3/13/15
3/26/15
0.3600 0.3700
2.78 12/29/14 12/31/14 1/15/15
0.1600 0.1800 12.50 5/4/15
5/6/15
5/20/15
0.1400 0.1500
7.14 11/18/14 11/20/14 12/4/14
0.2250 0.2500 11.11 3/30/15
4/1/15
4/22/15
0.2000 0.2100
5.00 6/11/15
6/15/15
7/1/15
0.5000 0.5500 10.00 1/21/15
1/23/15
2/20/15
0.3500 0.4200 20.00 12/29/14 12/31/14 1/15/15
0.1000 0.1200 20.00 2/25/15
2/27/15
3/31/15
0.4850 0.4950
2.06 4/29/15
5/1/15
5/15/15
0.1300 0.1600 23.08 12/30/14 1/2/15
1/15/15
0.6250 0.7800 24.80 8/20/14
8/22/14
9/2/14
0.7575 0.7700
1.65 11/5/14
11/7/14
11/14/14
0.1550 0.1725 11.29 3/10/15
3/12/15
4/7/15
0.1700 0.1800
5.88 12/3/14
12/5/14
12/26/14
1.4992 1.6849 12.38 8/13/14
8/15/14
10/7/14
0.2400 0.2800 16.67 5/13/15
5/15/15
6/1/15

Company
Ticker
Name
Symbol
Industry
Broadcom Corp.
BRCM Technology-Hardware
Broadridge Financial SolutioBR
Financial Services
Brookfield Infrastructure Part
BIP
MLP-Energy/Timber
BT Group plc
BT
Telecommunications
CAE Inc.
CAE
Aerospace/Defense
Calamos Asset ManagemenCLMS Financial Services
Calumet Specialty ProductsCLMT MLP-Oil&Gas Services
Camden Property Trust
CPT
REIT-Residential
Cantel Medical Corp.
CMN
Medical Devices
Cardinal Financial Corp. CFNL Banking
CBL & Associates PropertiesI
CBL
REIT-Retail
CBOE Holdings Inc.
CBOE Financial Services
Ceco Environmental Corp. CECE Environmental Tech.
Celanese Corp.
CE
Chemical-Specialty
Cenovus Energy Inc.
CVE
Oil&Gas
Chatham Lodging Trust
CLDT REIT-Hotel/Motel
Chemed Corp.
CHE
Home Health Care
Chesapeake Lodging TrustCHSP REIT-Lodging
Chico's FAS Inc.
CHS
Restaurants
Cimarex Energy Co.
XEC
Oil&Gas
Cisco Systems Inc.
CSCO Telecomm Equipment
Cleco Corp.
CNL
Utility-Electric
CME Group Inc.
CME
Financial Services
CMS Energy Corp.
CMS
Utility-Elec/Gas
Coach Inc.
COH
Apparel
Coca-Cola Enterprises Inc. CCE
Beverages-Non-alcoholic
Cohen & Steers Inc.
CNS
Financial Services
Colony Financial Inc.
CLNY REIT-Diversified
Columbia Banking System In
COLB Banking
Columbia Sportswear Co. COLM Apparel
Comcast Corp.
CMCSA Media
Comerica Inc.
CMA
Banking
Core Laboratories NV
CLB
Oil&Gas Equip/Svcs
CoreSite Realty Corp.
COR
REIT-Office
Corning Inc.
GLW
Technology-Hardware
CSI Compressco LP
CCLP MLP-Oil&Gas Services
CubeSmart
CUBE REIT-Industrial
Cummins Inc.
CMI
Machinery
DCP Midstream Partners LP
DPM
MLP-Natural Gas
DDR Corp.
DDR
REIT-Retail
DeVry Education Group Inc.DV
Education
Diageo plc
DEO
Beverages-Alcoholic
Discover Financial ServicesDFS
FinancialServices

5-9 Straight Years Higher Dividends

End-of-month update at: http://dripinvesting.org/Tools/Tools.htm


Dates in Green (centered) indicate increase (by Ex-Div. Date) expected in next 2 months
Dates in Red (right-aligned) indicate last increase more than a year ago (Ex-Div Date)&=MultiIncThisYr

Challengers

(and American Depository Receipts)

Industry
Paper Products
Auto Parts
REIT-Diversified
Chemicals
Beverages-Non-alcoholic
Retail-Apparel
Utility-Electric
Publishing
REIT-Data Centers
Banking
Chemicals-Diversified
Machinery
Insurance
Banking
MLP-Oil&Gas Pipelines
Insurance
Oil&Gas Services GP
MLP-Oil&Gas Services
Healthcare Facilities
REIT-Retail
Financial Services
Sporting Goods
Personal Products
Home Furnishings
Financial Services
REIT-Diversified
MLP-Oil&Gas Services
REIT-Industrial
Banking
Banking
Banking
Retail-Apparel
Insurance
Banking
Banking
Banking
Scientific Instruments
Machinery
Chemical-Diversified
Banking
Retail-Apparel
Banking
Restaurants
Y
N
N
Y
Y
Y
N
N
N
Y
Y
Y
Y
N
N
N
-

477
471
574
584
474
634
534
372
489
594
564
459
546
618
369
631
666
667
389
592
453
490
558
704
386
415
376
511
629
703
563
392
457
681
699
442
609
374
651
662
658
597
384
6
6
5
5
6
5
5
9
6
5
5
6
5
5
9
5
5
5
8
5
6
6
5
5
8
7
9
5
5
5
5
8
6
5
5
6
5
9
5
5
5
5
8

Y
N
N
Y
Y
Y
N
N
N
Y
Y
N
Y
N
N
N
-

SP

Seq DR

Yrs

Price
43.22
21.75
28.50
51.00
74.58
36.27
79.63
127.67
31.15
40.59
76.22
68.73
34.64
25.58
37.14
60.38
35.15
25.73
42.11
57.67
96.93
17.99
81.29
24.22
48.24
15.85
26.73
65.93
58.27
20.00
23.55
24.53
34.79
35.00
28.96
27.06
30.89
58.53
59.31
28.75
59.45
16.63
28.29

No. CCC DRIP Fees 4/30/15

Div.
Yield
3.70
4.09
2.95
3.29
2.57
2.21
3.47
1.45
6.29
1.97
2.10
3.20
2.89
3.75
6.14
2.32
4.32
3.81
0.71
6.29
1.20
2.45
1.18
2.31
2.32
4.54
8.42
2.85
2.75
2.80
3.40
1.47
2.87
2.29
2.21
2.96
1.42
1.23
1.11
1.81
1.68
3.37
2.83
A15
C31
A15
A30
A07
C31
A15
C11
C12
C17
A02
C20
B25
C20
B14
C31
B15
B15
A31
Mo.
C13
C19
A01
A24
C12
A15
B15
C30
C31
A21
C31
C16
C16
B28
A01
B13
C06
A10
A16
B15
B01
B26
A10

Sch

Qtly

FY Streak

Former Challenger

&

Former Contender

EstDat,FmrChamp

Being Acquired
&

Monthly

Canada,US$
Bermuda,US$
&
&

ADR-Ireland,US$

&

Note
Canada,US$

@=AnnualizedRate

SA=Semi-Annual

Most Recent Dividend Increase Information


Quarterly Rate
MR%
Dividend Dates
Old
New
Inc.
Ex-Div
Record
Pay
0.3750 0.4000
6.67 3/31/15
4/2/15
4/15/15
0.2175 0.2225
2.30 3/18/15
3/20/15
3/31/15
0.2000 0.2100
5.00 12/26/14 12/30/14 1/15/15
0.3700 0.4200 13.51 12/26/14 12/30/14 1/30/15
0.4100 0.4800 17.07 3/12/15
3/16/15
4/7/15
0.1875 0.2000
6.67 3/18/15
3/20/15
3/31/15
0.6550 0.6900
5.34 9/11/14
9/15/14
10/15/14
0.4400 0.4625
5.11 2/20/15
2/24/15
3/11/15
0.4200 0.4900 16.67 5/13/15
5/15/15
6/12/15
0.1800 0.2000 11.11 1/29/15
2/2/15
2/17/15
0.3500 0.4000 14.29 12/11/14 12/15/14 1/2/15
0.4900 0.5500 12.24 3/5/15
3/9/15
3/20/15
0.2300 0.2500
8.70 11/14/14 11/18/14 11/25/14
0.2200 0.2400
9.09 2/26/15
3/2/15
3/20/15
0.5550 0.5700
2.70 2/4/15
2/6/15
2/13/15
0.3400 0.3500
2.94 3/13/15
3/17/15
3/31/15
0.3750 0.3800
1.33 4/29/15
5/1/15
5/15/15
0.2350 0.2450
4.26 4/29/15
5/1/15
5/15/15
0.0700 0.0750
7.14 12/29/14 12/31/14 1/31/15
0.2850 0.3025
6.14 1/28/15
1/30/15
2/17/15
0.2500 0.2900 16.00 3/2/15
3/4/15
3/13/15
0.1000 0.1100 10.00 6/10/15
6/12/15
6/19/15
0.2000 0.2400 20.00 11/25/14 11/28/14 12/15/14
0.1200 0.1400 16.67 7/7/15
7/9/15
7/24/15
0.2500 0.2800 12.00 11/25/14 11/28/14 12/12/14
0.1750 0.1800
2.86 3/27/15
3/31/15
4/15/15
0.5575 0.5625
0.90 5/7/15
5/11/15
5/15/15
0.4000 0.4700 17.50 6/9/14
6/13/14
6/30/14
0.3500 0.4000 14.29 3/12/15
3/16/15
3/31/15
0.1300 0.1400
7.69 6/26/15
6/30/15
7/21/15
0.1900 0.2000
5.26 12/10/14 12/12/14 1/2/15
0.0800 0.0900 12.50 2/25/15
2/27/15
3/16/15
0.2400 0.2500
4.17 3/5/15
3/9/15
3/16/15
0.1750 0.2000 14.29 5/19/15
5/21/15
5/28/15
0.1400 0.1600 14.29 6/11/15
6/15/15
7/1/15
0.1600 0.2000 25.00 1/29/15
2/2/15
2/13/15
0.1000 0.1100 10.00 2/18/15
2/20/15
3/6/15
0.1600 0.1800 12.50 3/25/15
3/27/15
4/10/15
0.1500 0.1650 10.00 3/27/15
3/31/15
4/16/15
0.1200 0.1300
8.33 4/28/15
4/30/15
5/15/15
0.2200 0.2500 13.64 4/15/15
4/17/15
5/1/15
0.1200 0.1400 16.67 2/10/15
2/12/15
2/26/15
0.1800 0.2000 11.11 9/24/14
9/26/14
10/10/14

Company
Ticker
Name
Symbol
Domtar Corp.
UFS
Douglas Dynamics Inc.
PLOW
Douglas Emmett Inc.
DEI
Dow Chemical Company DOW
Dr Pepper Snapple Group DPS
DSW Inc.
DSW
DTE Energy Company
DTE
Dun & Bradstreet Corp.
DNB
DuPont Fabros TechnologyDFT
I
East West Bancorp
EWBC
Eastman Chemical Co.
EMN
Eaton Corp. plc
ETN
EMC Insurance Group Inc. EMCI
Emclaire Financial Corp. EMCF
Enbridge Energy Partners LP
EEP
Endurance Specialty Holding
ENH
EnLink Midstream LLC
ENLC
EnLink Midstream PartnersENLK
L
Ensign Group Inc.
ENSG
EPR Properties
EPR
Equifax Inc.
EFX
Escalade Inc.
ESCA
Estee Lauder Companies Inc.
EL
Ethan Allen Interiors Inc. ETH
Evercore Partners Inc.
EVR
Excel Trust Inc.
EXL
Exterran Partners LP
EXLP
Extra Space Storage Inc. EXR
FBL Financial Group Inc. FFG
Fifth Third Bancorp
FITB
Financial Institutions Inc. FISI
Finish Line Inc. (The)
FINL
First American Financial Corp
FAF
First Defiance Financial Corp
FDEF
First Financial Bankshares In
FFIN
First Interstate BancsystemFIBK
I
Flir Systems Inc.
FLIR
Flowserve Corp.
FLS
FMC Corp.
FMC
FNB Bancorp
FNBG
Foot Locker Inc.
FL
Fox Chase Bancorp Inc. FXCB
Frisch's Restaurants Inc. FRS

5-9 Straight Years Higher Dividends

End-of-month update at: http://dripinvesting.org/Tools/Tools.htm


Dates in Green (centered) indicate increase (by Ex-Div. Date) expected in next 2 months
Dates in Red (right-aligned) indicate last increase more than a year ago (Ex-Div Date)&=MultiIncThisYr

Challengers

(and American Depository Receipts)

Industry
Business Services
Scientific Instruments
Rental/Leasing Services
Conglomerate
REIT-Retail
Apparel
MLP-Oil&Gas Pipelines
MLP-LNG Transport.
Auto Dealerships
Recreation
Insurance
Financial Services
Aerospace/Defense
Banking
Confectioners
Technology-Hardware
Funeral Products
Medical Instruments
Banking
Banking
Retail-Home Improv.
REIT-Residential
Insurance
Banking
Industrial Equipment
Health Care Services
Banking
Machinery
Banking
Machinery
Carpeting
Banking
Packaging/Containers
Financial Services
REIT-Technology
Internet Services
Financial Services
Financial Services
Auto Parts
Property Manangement
Banking
Property Management
Banking
N
Y
Y
Y
Y
Y
Y
Y
N
N
Y
N
N
Y
N
Y
Y
N
Y

360
492
627
582
433
570
484
661
456
608
458
614
388
676
525
697
387
632
405
605
462
599
468
581
409
705
707
480
644
628
518
478
557
507
535
611
679
482
565
690
706
642
689
9
6
5
5
6
5
6
5
6
5
6
5
8
5
5
5
8
5
7
5
6
5
6
5
7
5
5
6
5
5
5
6
5
5
5
5
5
6
5
5
5
5
5

N
N
Y
Y
N
Y
N
Y
N
N
Y
N
N
Y
N
Y
Y
N
N

SP

Seq DR

Yrs

Price
70.60
45.19
54.40
27.08
27.40
31.71
40.14
29.21
78.98
56.21
43.58
50.90
55.84
16.90
91.92
32.97
29.39
49.94
110.80
32.88
106.98
73.56
33.97
23.35
108.83
165.60
10.86
75.01
41.72
65.84
21.73
25.98
53.72
41.42
34.49
69.37
17.90
7.70
50.38
166.06
63.26
24.78
14.45

No. CCC DRIP Fees 4/30/15

Div.
Yield
1.76
4.51
2.79
3.40
2.48
0.82
6.78
7.91
1.01
2.21
2.75
0.79
0.25
2.60
2.33
2.14
2.72
1.28
1.01
1.52
2.21
4.13
2.94
2.40
2.06
0.70
2.58
1.71
2.49
1.76
0.74
2.23
2.98
2.41
5.51
1.69
2.01
5.77
2.06
0.33
2.78
1.94
2.08

EstDat,FmrChamp

Semi-Annual
Est Dates

Former Champion

Monthly Div.,&

Semi-annual

ADR-Ireland,US$

Former Challenger

Est Dates,&

Also Class A

Est Dates
FY Streak

Former Champion

Also Class A
&

&
&

Former Champion

SwitzUS$EstDates

Note

@=AnnualizedRate

SA=Semi-Annual

Most Recent Dividend Increase Information


Quarterly Rate
MR%
Dividend Dates
Qtly
Old
New
Inc.
Ex-Div
Record
Pay
Sch
0.2700 0.3100 14.81 9/9/14
9/11/14
9/26/14
C26
0.4800 0.5100
6.25 6/12/15
6/16/15
6/30/15
C30
0.3300 0.3800 15.15 2/25/15
2/27/15
3/31/15
C31
0.2200 0.2300
4.55 12/18/14 12/22/14 1/26/15
A26
0.1600 0.1700
6.25 12/11/14 12/15/14 1/2/15
C28
0.0538 0.0650 20.93 12/16/14 12/18/14 1/12/15
A12
0.6650 0.6800
2.26 5/4/15
5/6/15
5/15/15
B15
0.5625 0.5775
2.67 5/5/15
5/7/15
5/14/15
B14
0.1900 0.2000
5.26 2/26/15
3/2/15
3/16/15
C16
0.2750 0.3100 12.73 2/13/15
2/18/15
3/6/15
C06
0.2750 0.3000
9.09 2/18/15
2/20/15
3/20/15
C20
0.0850 0.1000 17.65 2/26/15
3/2/15
3/13/15
C13
0.0600 0.0700 16.67 12/31/14 1/5/15
1/19/15
JaJl
0.1000 0.1100 10.00 5/5/15
5/7/15
5/21/15
B21
0.4850 0.5350 10.31 8/21/14
8/25/14
9/15/14
C15
0.1600 0.1760 10.00 6/8/15
6/10/15
7/1/15
A01
0.1975 0.2000
1.27 12/15/14 12/17/14 12/31/14 C31
0.1525 0.1600
4.92 3/13/15
3/17/15
3/31/15
C31
0.2700 0.2800
3.70 10/8/14
10/10/14 10/20/14 A20
0.1000 0.1250 25.00 2/9/15
2/11/15
3/4/15
C04
0.4700 0.5900 25.53 3/10/15
3/12/15
3/26/15
C26
0.7300 0.7600
4.11 2/12/15
2/17/15
2/27/15
B27
0.2300 0.2500
8.70 3/12/15
3/16/15
3/31/15
C31
0.1300 0.1400
7.69 12/30/14 1/2/15
1/16/15
A16
0.5000 0.5600 12.00 11/25/14 11/28/14 12/15/14 C15
0.2800 0.2900
3.57 6/26/15
6/30/15
7/31/15
A31
0.0600 0.0700 16.67 9/16/15
9/18/15
10/1/15
A02
0.2800 0.3200 14.29 4/17/15
4/21/15
4/30/15
A30
0.2400 0.2600
8.33 3/26/15
3/30/15
4/10/15
A10
0.2500 0.2900 16.00 3/11/15
3/13/15
3/31/15
C31
0.0300 0.0400 33.33 8/6/14
8/8/14
8/22/14
B22
0.2700 0.2900
7.41 3/30/15
4/1/15
4/17/15
ApOc
0.3500 0.4000 14.29 11/13/14 11/17/14 12/15/14 C15
0.2250 0.2500 11.11 5/14/14
5/16/14
6/6/14 B06
0.2700 0.4750 75.93 9/23/14
9/25/14
10/15/14 A15
0.2850 0.2925
2.63 2/19/15
2/23/15
3/9/15
C09
0.0800 0.0900 12.50 5/6/15
5/8/15
5/22/15
B22
0.0350 0.0370
5.71 4/28/15
4/30/15
5/15/15
Mo.
0.2200 0.2600 18.18 12/10/14 12/12/14 1/5/15
A05
0.2500 0.2700
8.00 5/13/15
5/15/15
6/15/15
JuDe
0.4000 0.4400 10.00 7/1/15
7/6/15
7/31/15
A30
0.0900 0.1200 33.33 3/27/15
3/31/15
4/8/15
A08
0.0650 0.0750 15.38 6/1/15
6/3/15
6/13/15
C13

Company
Ticker
Name
Symbol
G&K Services Inc.
GK
Garmin Ltd.
GRMN
GATX Corp.
GMT
General Electric Co.
GE
General Growth Properties GGP
In
Gildan Activewear Inc.
GIL
Global Partners LP
GLP
Golar LNG Partners LP
GMLP
Group 1 Automotive Inc. GPI
Harley-Davidson Inc.
HOG
HCI Group Inc.
HCI
Heartland Payment Systems
HPY
HEICO Corp.
HEI
Heritage Financial Corp. HFWA
Hershey Company
HSY
Hewlett-Packard Company HPQ
Hillenbrand Inc.
HI
Hill-Rom Holdings Inc.
HRC
Hingham Institution for Savin
HIFS
Home Bancshares Inc.
HOMB
Home Depot Inc.
HD
Home Properties Inc.
HME
Horace Mann Educators Corp
HMN
Horizon Bancorp
HBNC
Hubbell Inc. B
HUB-B
Humana Inc.
HUM
Huntington Bancshares Inc.HBAN
IDEX Corp.
IEX
Independent Bancorp MA INDB
Ingersoll-Rand plc
IR
Interface Inc.
TILE
International Bancshares Co
IBOC
International Paper Co.
IP
Invesco Limited
IVZ
Iron Mountain Inc.
IRM
j2 Global Inc.
JCOM
Janus Capital Group Inc. JNS
JMP Group Inc.
JMP
Johnson Controls Inc.
JCI
Jones Lang Lasalle
JLL
JPMorgan Chase & Co.
JPM
Kennedy-Wilson Holdings InKW
KeyCorp
KEY

5-9 Straight Years Higher Dividends

End-of-month update at: http://dripinvesting.org/Tools/Tools.htm


Dates in Green (centered) indicate increase (by Ex-Div. Date) expected in next 2 months
Dates in Red (right-aligned) indicate last increase more than a year ago (Ex-Div Date)&=MultiIncThisYr

Challengers

(and American Depository Receipts)

Industry
REIT-Retail
Oil&Gas Services
Technology-Hardware
Private Equity
Retail-Dept. Stores
Retail-Grocery
Apparel
Banking
REIT-Hotel/Motel
Financial Services
Auto Parts
Banking
Medical Instruments
Machinery
REIT-Diversified
Insurance
Auto Dealerships
Electronics
Tobacco
REIT-Retail
Storage Services
Auto Parts
Insurance
BDC-Financial Services
Banking
Staffing Services
Oil&Gas
Financial Services
MLP-Oil&Gas Pipelines
Lodging
Insurance
Recreation
Drugs
Consumer Products
Financial Services
Chemical-Specialty
REIT-Residential
Banking
Auto Parts
Banking
Insurance
Financial Services
Technology-Software
Y
N
N
N
Y
N
N
Y
Y
Y
Y
N
N
-

580
663
520
541
623
365
610
668
493
398
620
596
639
515
516
588
485
521
391
550
606
464
411
646
434
693
522
412
671
510
517
498
401
414
677
696
587
615
460
508
536
450
585
5
5
5
5
5
9
5
5
6
8
5
5
5
5
5
5
6
5
8
5
5
6
7
5
6
5
5
7
5
5
5
5
7
7
5
5
5
5
6
5
5
6
5

Y
N
N
N
Y
N
N
Y
Y
N
Y
N
N
-

SP

Seq DR

Yrs

Price
24.10
42.95
58.80
22.51
71.65
68.91
89.36
11.35
36.69
53.03
111.03
25.45
9.06
105.96
9.27
56.49
99.73
97.99
69.86
81.76
82.76
50.43
14.53
31.33
22.00
85.33
31.10
85.85
67.46
80.05
56.16
28.16
223.40
95.92
10.55
60.21
74.61
29.25
22.38
12.25
38.11
107.52
75.89

No. CCC DRIP Fees 4/30/15

Div.
Yield
3.98
4.47
3.40
9.02
2.51
1.07
2.24
3.00
4.91
2.64
0.90
2.04
1.77
1.13
7.34
1.42
0.80
1.02
3.78
3.18
4.93
3.49
3.58
6.70
3.64
1.88
2.70
0.93
5.40
1.00
1.99
5.40
0.43
1.72
9.48
1.83
4.13
2.05
2.86
2.61
2.10
1.26
1.00
C28
B15
C02
B18
C25
C01
C06
B15
A15
B15
C23
B23
A03
A15
A15
B01
B29
C04
C10
C05
C05
C27
A15
Mo.
A06
JuDe
C10
B26
B15
C27
B15
C07
A01
A01
B21
C30
A30
C16
C23
C13
A15
C10
A30

Sch

Qtly

Berm,US$,Bg Acqd

Former Challenger

2014=Year 7

Former Challenger,&

Semi-Annual

Mo.,27.5Extra-6/25

Canada,US$
Bermuda,US$

Being Acquired

Bermuda,US$

Irregular,@

&

Former Contender

Note

@=AnnualizedRate

SA=Semi-Annual

Most Recent Dividend Increase Information


Quarterly Rate
MR%
Dividend Dates
Old
New
Inc.
Ex-Div
Record
Pay
0.2250 0.2400
6.67 12/30/14 1/2/15
1/15/15
0.4500 0.4800
6.67 4/28/15
4/30/15
5/15/15
0.4500 0.5000 11.11 8/14/14
8/18/14
9/2/14
0.4050 0.5075 25.31 10/30/14 11/3/14
11/18/14
0.3900 0.4500 15.38 3/9/15
3/11/15
3/25/15
0.1650 0.1850 12.12 11/12/14 11/14/14 12/1/14
0.3400 0.5000 47.06 2/18/15
2/20/15
3/6/15
0.0750 0.0850 13.33 4/30/15
5/4/15
5/15/15
0.3750 0.4500 20.00 6/26/15
6/30/15
7/15/15
0.3000 0.3500 16.67 4/30/15
5/4/15
5/15/15
0.2000 0.2500 25.00 3/2/15
3/4/15
3/23/15
0.1200 0.1300
8.33 2/5/15
2/9/15
2/23/15
0.0350 0.0400 14.29 3/18/15
3/20/15
4/3/15
0.2400 0.3000 25.00 6/26/14
6/30/14
7/15/14
0.1650 0.1700
3.03 6/26/14
6/30/14
7/15/14
0.1600 0.2000 25.00 1/8/15
1/12/15
2/1/15
0.1600 0.2000 25.00 5/13/15
5/15/15
5/29/15
0.2200 0.2500 13.64 8/19/14
8/21/14
9/4/14
0.6150 0.6600
7.32 2/26/15
3/2/15
3/10/15
0.6200 0.6500
4.84 11/10/14 11/12/14 12/5/14
0.9800 1.0200
4.08 2/26/15
3/2/15
3/5/15
0.3800 0.4400 15.79 3/11/15
3/13/15
3/27/15
0.1100 0.1300 18.18 12/30/14 1/2/15
1/15/15
0.1700 0.1750
2.94 3/27/15
3/31/15
4/15/15
0.1750 0.2000 14.29 12/26/14 12/29/14 1/6/15
0.4900 0.8000 63.27 5/28/15
6/1/15
6/15/15
0.1900 0.2100 10.53 8/18/14
8/20/14
9/10/14
0.1600 0.2000 25.00 2/10/15
2/12/15
2/26/15
0.9000 0.9100
1.11 5/5/15
5/7/15
5/15/15
0.1700 0.2000 17.65 5/21/14
5/23/14
6/27/14
0.2500 0.2800 12.00 7/9/14
7/11/14
8/15/14
0.3600 0.3800
5.56
2/18/14
2/20/14
3/7/14
0.2000 0.2400 20.00
8/29/13
9/3/13
10/1/13
0.3750 0.4125 10.00 3/12/15
3/16/15
4/1/15
0.2400 0.2500
4.17 5/12/15
5/14/15
5/21/15
0.2500 0.2750 10.00 6/12/15
6/16/15
6/30/15
0.7300 0.7700
5.48 1/13/15
1/15/15
1/30/15
0.1450 0.1500
3.45 2/25/15
2/27/15
3/16/15
0.1500 0.1600
6.67 3/12/15
3/16/15
3/23/15
0.0700 0.0800 14.29 5/21/14
5/23/14
6/13/14
0.1250 0.2000 60.00 9/26/14
9/30/14
10/15/14
0.2800 0.3400 21.43 2/18/15
2/20/15
3/10/15
0.1700 0.1900 11.76 1/7/15
1/9/15
1/30/15

Company
Ticker
Name
Symbol
Kimco Realty Corp.
KIM
Kinder Morgan Inc.
KMI
KLA-Tencor Corp.
KLAC
Kohlberg Kravis Roberts & C
KKR
Kohl's Corp.
KSS
Kroger Company
KR
L Brands Inc.
LB
Lakeland Bancorp Inc.
LBAI
LaSalle Hotel Properties LHO
Lazard Limited
LAZ
Lear Corp.
LEA
LegacyTexas Financial Grou
LTXB
LeMaitre Vascular Inc.
LMAT
Lennox International Inc. LII
Lexington Realty Trust
LXP
Lincoln National Corp.
LNC
Lithia Motors Inc.
LAD
Littelfuse Inc.
LFUS
Lorillard Inc.
LO
Macerich Company
MAC
Macquarie Infrastructure Comp
MIC
Magna International Inc. MGA
Maiden Holdings Ltd.
MHLD
Main Street Capital Corp. MAIN
Malaga Financial Corp.
MLGF
ManpowerGroup Inc.
MAN
Marathon Oil Corp.
MRO
MarketAxess Holdings Inc. MKTX
MarkWest Energy Partners MWE
L
Marriott International Inc. MAR
Marsh & McLennan Compan
MMC
Mattel Inc.
MAT
McKesson Corp.
MCK
Mead Johnson Nutrition Co.MJN
Medallion Financial Corp. TAXI
Methanex Corp.
MEOH
Mid-America Apartment Commu
MAA
MidWest One Financial Grou
MOFG
Miller Industries Inc.
MLR
Monarch Financial HoldingsMNRK
Montpelier Re Holdings Ltd.MRH
Moody's Corp.
MCO
Morningstar Inc.
MORN

5-9 Straight Years Higher Dividends

End-of-month update at: http://dripinvesting.org/Tools/Tools.htm


Dates in Green (centered) indicate increase (by Ex-Div. Date) expected in next 2 months
Dates in Red (right-aligned) indicate last increase more than a year ago (Ex-Div Date)&=MultiIncThisYr

Challengers

(and American Depository Receipts)

Jewelry
Rubber and Plastics
Educational Services
Oil&Gas Equipment
Paper Products
Housewares
MLP-Oil&Gas Services
Retail-Apparel
Banking
Banking
Utility-Elec/Gas
Health Care Services
Advertising
Technology-Software
Banking
Banking
Apparel
Packaging/Containers
Medical Equipment
Telecomm Equipment
REIT-Residential
Auto Parts
Drugs-Animal
Drugs
Tobacco
Banking
Banking
Chemical-Specialty
Utility-Electric
REIT-Residential
Insurance
Financial Services
Insurance
Banking
Banking
Insurance
REIT-Industrial
Banking
Banking
Chemical-Specialty
Apparel
Insurance
Steel/Aluminum

Industry
5
6
5
6
5
5
5
6
5
6
8
5
5
7
7
6
5
5
6
5
5
5
6
5
7
6
5
5
9
5
6
7
5
5
5
6
6
5
8
7
6
6
5

Yrs

654
473
497
424
604
613
670
452
529
443
385
560
514
416
402
419
659
645
479
590
538
601
421
602
404
472
660
567
358
701
455
418
569
687
598
431
491
624
396
403
475
426
625

N
Y
N
N
N
N
N
Y
N
N
-

Seq DR

N
Y
N
N
Y
N
N
Y
Y
N
-

SP

Price
29.28
16.17
3.20
54.41
60.47
38.13
29.26
75.56
24.92
12.31
32.68
87.98
75.76
43.62
44.50
14.90
79.45
69.19
46.96
7.90
20.95
48.81
15.83
33.93
83.47
22.07
91.73
39.05
35.16
11.06
46.22
51.12
44.95
16.55
18.00
81.60
187.91
29.35
20.30
83.22
133.41
91.62
64.72

No. CCC DRIP Fees 4/30/15

Div.
Yield
1.50
3.34
5.63
3.38
1.98
1.99
8.54
1.96
2.89
4.55
3.06
1.00
2.64
1.38
3.69
4.70
1.26
3.18
1.87
2.53
11.65
1.80
4.30
3.30
4.79
3.26
2.22
1.02
3.19
6.51
1.38
2.97
2.76
2.90
3.56
2.84
3.62
3.95
1.38
1.44
1.50
1.44
2.47
A24
A01
A11
C27
C03
C13
B15
C13
C19
B13
A30
C26
A10
A28
A01
B17
B01
A15
A24
B13
A30
C02
B23
C03
C10
C31
B05
A07
A15
A15
C16
C26
A09
C09
B27
C18
C30
C27
B04
A30
A14
B29
C27

Sch

Qtly

Former Contender

&

&

2014=Year 6

2014=Year 6

&

2014=Year 5
Adj./Spin-off

Former Champion

Note

@=AnnualizedRate

SA=Semi-Annual

Most Recent Dividend Increase Information


Quarterly Rate
MR%
Dividend Dates
Old
New
Inc.
Ex-Div
Record
Pay
0.1000 0.1100 10.00 4/8/15
4/10/15
4/24/15
0.1300 0.1350
3.85 3/12/15
3/16/15
4/1/15
0.0400 0.0450 12.50
9/26/13
9/30/13 10/11/13
0.2337 0.4600 96.82 6/11/14
6/13/14
6/27/14
0.2700 0.3000 11.11 2/11/15
2/13/15
3/3/15
0.1700 0.1900 11.76 2/25/15
2/27/15
3/13/15
0.6175 0.6250
1.21 5/1/15
5/5/15
5/15/15
0.3300 0.3700 12.12 2/25/15
2/27/15
3/13/15
0.1700 0.1800
5.88 9/9/14
9/11/14
9/19/14
0.1300 0.1400
7.69 2/3/15
2/5/15
2/13/15
0.2250 0.2500 11.11 10/8/14
10/10/14 10/30/14
0.2000 0.2200 10.00 12/12/14 12/16/14 12/26/14
0.4000 0.5000 25.00 6/11/14
6/13/14
7/10/14
0.1200 0.1500 25.00 4/3/15
4/7/15
4/28/15
0.4000 0.4100
2.50
3/21/14
3/25/14
4/11/14
0.1500 0.1750 16.67
5/1/13
5/3/13
5/17/13
0.2100 0.2500 19.05 4/15/15
4/17/15
5/1/15
0.4000 0.5500 37.50 3/11/15
3/13/15
4/15/15
0.2000 0.2200 10.00 4/8/15
4/10/15
4/24/15
0.0400 0.0500 25.00 2/4/15
2/6/15
2/13/15
0.5900 0.6100
3.39 10/13/14 10/15/14 10/30/14
0.2100 0.2200
4.76 2/6/15
2/10/15
3/2/15
0.1500 0.1700 13.33
8/8/13
8/12/13
8/23/13
0.2600 0.2800
7.69 2/4/15
2/6/15
3/3/15
0.9400 1.0000
6.38 9/23/14
9/25/14
10/10/14
0.1700 0.1800
5.88 3/19/15
3/23/15
3/31/15
0.4800 0.5100
6.25 4/13/15
4/15/15
5/5/15
0.0800 0.1000 25.00 12/11/14 12/15/14 1/7/15
0.2750 0.2800
1.82 6/23/14
6/25/14
7/15/14
0.1750 0.1800
2.86 6/11/15
6/15/15
7/15/15
0.1200 0.1600 33.33 2/18/15
2/20/15
3/16/15
0.3600 0.3800
5.56 6/4/15
6/8/15
6/26/15
0.3000 0.3100
3.33 12/26/14 12/30/14 1/9/15
0.1100 0.1200
9.09 5/15/15
5/19/15
6/9/15
0.1500 0.1600
6.67 2/11/15
2/13/15
2/27/15
0.5300 0.5800
9.43 11/21/14 11/25/14 12/18/14
1.4000 1.7000 21.43 6/11/15
6/15/15
6/30/15
0.2800 0.2900
3.57 3/11/15
3/13/15
3/27/15
0.0600 0.0700 16.67 4/16/15
4/20/15
5/4/15
0.2500 0.3000 20.00 7/15/14
7/17/14
7/30/14
0.4500 0.5000 11.11 3/25/15
3/27/15
4/10/15
0.3000 0.3300 10.00 8/6/14
8/8/14
8/29/14
0.3500 0.4000 14.29 3/11/15
3/13/15
3/27/15

Company
Ticker
Name
Symbol
Movado Group Inc.
MOV
Myers Industries Inc.
MYE
National American University
NAUH
National Oilwell Varco Inc. NOV
Neenah Paper Inc.
NP
Newell Rubbermaid Inc. NWL
NGL Energy Partners LP NGL
Nordstrom Inc.
JWN
Northrim BanCorp Inc.
NRIM
Northwest Bancshares Inc. NWBI
OGE Energy Corp.
OGE
Omnicare Inc.
OCR
Omnicom Group Inc.
OMC
Oracle Corp.
ORCL
Orange County Bancorp Inc.
OCBI
Oritani Financial Corp.
ORIT
Oxford Industries Inc.
OXM
Packaging Corp of AmericaPKG
Patterson Companies Inc. PDCO
PCTEL Inc.
PCTI
PennyMac Mortgage Investme
PMT
Penske Automotive Group In
PAG
PetMed Express Inc.
PETS
Pfizer Inc.
PFE
Philip Morris International PM
Pioneer Bankshares Inc. PNBI
PNC Financial Services Grou
PNC
PolyOne Corp.
POL
Portland General Electric Co
POR
Preferred Apartment Commu
APTS
Primerica Inc.
PRI
Principal Financial Group Inc.
PFG
ProAssurance Corp.
PRA
Provident Financial Holdings
PROV
Provident Financial Services
PFS
Prudential Financial Inc. PRU
Public Storage
PSA
QNB Corp.
QNBC
Quaint Oak Bancorp Inc. QNTO
Quaker Chemical Corp.
KWR
Ralph Lauren Corp.
RL
Reinsurance Group of Ameri
RGA
Reliance Steel & AluminumRS
C

5-9 Straight Years Higher Dividends

End-of-month update at: http://dripinvesting.org/Tools/Tools.htm


Dates in Green (centered) indicate increase (by Ex-Div. Date) expected in next 2 months
Dates in Red (right-aligned) indicate last increase more than a year ago (Ex-Div Date)&=MultiIncThisYr

Challengers

(and American Depository Receipts)

Industry
Retail-Specialty
Financial Services
REIT-Retail
REIT-Hotel/Motel
Packaging
Machinery
Banking
Insurance
Banking
Oil&Gas Equip/Srvce
Chemical-Specialty
Media
Containerships
Food Processing
Funeral Services
Retail-Jewelry
REIT-Retail
Theme Parks
Medical Equipment
Tools & Accesories
Technology-Software
REIT-Hotel/Motel
Utility-Natural Gas
Food Wholesale
MLP-Oil&Gas Pipelines
Medical Equipment
REIT-Industrial
Retail-Apparel
Auto Parts
Restaurants
Lodging
REIT-Diversified
Banking
Furniture/Bldg. Prod.
Banking
Oil&Gas
Banking
Insurance
Rental/Leasing Services
Oil&Gas Services GP
MLP-Oil&Gas Pipelines
Financial Services
Technology-Hardware
Y
Y
N
Y
N
N
Y
Y
Y
N
N
-

437
530
467
648
417
554
545
526
595
643
523
612
656
356
630
680
486
552
363
555
428
700
377
635
371
655
593
527
449
549
413
423
694
650
561
367
692
469
500
672
375
543
688
6
5
6
5
7
5
5
5
5
5
5
5
5
9
5
5
6
5
9
5
6
5
9
5
9
5
5
5
6
5
7
6
5
5
5
9
5
6
5
5
9
5
5

N
Y
N
N
N
N
Y
Y
Y
N
N
-

SP

Seq DR

Yrs

Price
29.60
15.76
16.78
29.67
62.98
118.60
66.48
58.15
26.06
94.61
64.51
69.86
19.82
65.36
27.68
134.13
181.49
47.02
33.89
149.55
48.52
8.24
55.00
30.17
54.18
70.05
21.73
19.31
37.80
49.58
85.95
24.01
77.12
17.57
34.80
32.60
41.50
23.75
38.54
104.97
45.44
36.25
66.55

No. CCC DRIP Fees 4/30/15

Div.
Yield
3.24
2.03
4.05
4.45
2.04
2.19
3.88
4.82
3.38
2.11
2.79
1.32
7.57
1.53
1.45
0.66
3.31
4.42
1.65
1.42
1.61
3.64
2.95
1.79
4.35
1.66
6.21
2.90
1.59
1.29
1.75
8.00
1.76
2.56
2.64
2.83
2.31
1.85
7.47
3.16
7.22
1.66
1.98
C22
C25
C30
A15
B26
C10
B24
C15
B18
A10
C10
C10
A30
C02
C31
B27
B29
C08
ApNv
C10
C23
A10
C01
C31
B27
A30
Mo.
C17
C02
B28
C26
A15
C16
A15
C31
C24
C16
C31
C24
B18
B15
B20
C12

Sch

Qtly

SwitzUS$EstDates

&
&

Former Contender

@ADR-Canada

Former Contender

EstDat,FmrChamp

Monthly

&

SA,UK,@,US$

Bermuda,US$
&

Marshall Isl., US$

@ADR-Canada

To merge w/MWV

Note

@=AnnualizedRate

SA=Semi-Annual

Most Recent Dividend Increase Information


Quarterly Rate
MR%
Dividend Dates
Old
New
Inc.
Ex-Div
Record
Pay
0.2300 0.2400
4.35 12/30/14 1/2/15
1/22/15
0.0700 0.0800 14.29 8/26/14
8/28/14
9/25/14
0.1600 0.1700
6.25 3/12/15
3/16/15
3/30/15
0.3000 0.3300 10.00 3/27/15
3/31/15
4/15/15
0.1875 0.3205 70.95 5/5/15
5/7/15
5/26/15
0.5800 0.6500 12.07 11/13/14 11/17/14 12/10/14
0.6200 0.6445
3.95 10/23/14 10/27/14 11/24/14
0.6000 0.7000 16.67 8/28/14
9/2/14
9/15/14
0.2000 0.2200 10.00 2/9/15
2/11/15
2/18/15
0.4000 0.5000 25.00 2/9/15
2/11/15
4/10/15
0.4375 0.4500
2.86 8/25/14
8/27/14
9/10/14
0.2000 0.2300 15.00 2/26/15
3/2/15
3/10/15
0.3450 0.3750
8.70 4/16/15
4/20/15
4/30/15
0.2300 0.2500
8.70
5/7/14
5/9/14
6/2/14
0.0900 0.1000 11.11 3/12/15
3/16/15
3/31/15
0.1800 0.2200 22.22 4/29/15
5/1/15
5/27/15
1.4000 1.5000
7.14 5/13/15
5/15/15
5/29/15
0.4700 0.5200 10.64 11/21/14 11/25/14 12/8/14
0.2660 0.2800
5.26 10/22/14 10/24/14 11/12/14
0.4400 0.5300 20.45 11/20/14 11/24/14 12/10/14
0.1700 0.1950 14.71 9/5/14
9/9/14
9/23/14
0.0700 0.0750
7.14 6/11/15
6/15/15
7/10/15
0.3650 0.4050 10.96 5/13/15
5/15/15
6/1/15
0.1200 0.1350 12.50 3/18/15
3/20/15
3/31/15
0.5763 0.5888
2.17 2/11/15
2/13/15
2/27/15
0.2700 0.2900
7.41 3/27/15
3/31/15
4/30/15
0.1100 0.1125
2.27 1/28/15
1/30/15
2/17/15
0.1250 0.1400 12.00 8/28/14
9/2/14
9/17/14
0.1300 0.1500 15.38 2/12/15
2/17/15
3/2/15
0.1300 0.1600 23.08 11/11/14 11/13/14 11/28/14
0.3500 0.3750
7.14 3/4/15
3/6/15
3/26/15
0.3709 0.4800 29.41
3/27/14
3/31/14
4/15/14
0.3000 0.3400 13.33 5/25/15
5/27/15
6/16/15
0.1050 0.1125
7.14 4/2/15
4/6/15
4/15/15
0.2200 0.2300
4.55 12/11/14 12/15/14 12/31/14
0.1765 0.2305 30.57 12/1/14
12/3/14
12/24/14
0.2000 0.2400 20.00 5/27/15
5/29/15
6/15/15
0.1000 0.1100 10.00 3/17/15
3/19/15
3/31/15
0.7000 0.7200
2.86
2/27/14
3/3/14
3/24/14
0.7550 0.8300
9.93 4/30/15
5/4/15
5/18/15
0.8100 0.8200
1.23 4/30/15
5/4/15
5/15/15
0.1200 0.1500 25.00 11/4/14
11/6/14
11/20/14
0.2900 0.3300 13.79 5/27/15
5/29/15
6/12/15

Company
Ticker
Name
Symbol
Rent-A-Center Inc.
RCII
Resources Connection Inc.RECN
Retail Opportunity Investmen
ROIC
RLJ Lodging Trust
RLJ
Rock-Tenn Company
RKT
Rockwell Automation Inc. ROK
Royal Bank of Canada
RY
Safety Insurance Group Inc.SAFT
Sandy Spring Bancorp Inc. SASR
Schlumberger Limited
SLB
Scotts Miracle-Gro Company
SMG
Scripps Networks Interactive
SNI
Seaspan Corp.
SSW
Sensient Technologies CorpSXT
Service Corp International SCI
Signet Jewelers Limited
SIG
Simon Property Group Inc. SPG
Six Flags Entertainment Corp
SIX
Smith & Nephew plc
SNN
Snap-on Inc.
SNA
Solera Holdings Inc.
SLH
Sotherly Hotels Inc.
SOHO
Southwest Gas Corp.
SWX
SpartanNash Company
SPTN
Spectra Energy Partners LPSEP
St. Jude Medical Inc.
STJ
STAG Industrial Inc.
STAG
Stage Stores Inc.
SSI
Standard Motor Products Inc.
SMP
Starbucks Corp.
SBUX
Starwood Hotels & Resorts HOT
W
Starwood Property Trust Inc.
STWD
State Street Corp.
STT
Steelcase Inc.
SCS
Stock Yards Bancorp Inc. SYBT
Suncor Energy Inc.
SU
SunTrust Banks Inc.
STI
Symetra Financial Corp. SYA
TAL International Group Inc.TAL
Targa Resources Corp.
TRGP
Targa Resources Partners LNGLS
TD Ameritrade Holding Corp
AMTD
TE Connectivity Ltd.
TEL

5-9 Straight Years Higher Dividends

End-of-month update at: http://dripinvesting.org/Tools/Tools.htm


Dates in Green (centered) indicate increase (by Ex-Div. Date) expected in next 2 months
Dates in Red (right-aligned) indicate last increase more than a year ago (Ex-Div Date)&=MultiIncThisYr

Challengers

(and American Depository Receipts)

Industry
Medical Devices
MLP-LNG Transport.
Telecommunications
Telecommunications
REIT-Industrial
Banking
MLP-Oil&Gas Pipelines
Technology-Hardware
Restaurants
Transportation
Recreational Vehicles
Media
Media
Tools & Accesories
Retail-Specialty
BDC-Financial Services
Consumer Products
Security Services
Banking
REIT-Residential
Banking
Railroad
Delivery & Freight
Health Care Services
Insurance
Health Care Services
Resorts and Casinos
Oil&Gas
REIT-Healthcare
Media
Financial Services
Financial Services
Entertainment
Banking
Banking
Waste Management
Chemical-Specialty
Banking
REIT-Retail
Banking
Restaurants
Banking
Banking
N
Y
N
N
N
Y
Y
N
Y
N
Y
Y
Y
N
-

407
379
506
531
572
547
669
422
638
378
539
499
454
435
505
382
501
399
702
657
683
373
451
509
425
640
647
603
562
513
408
589
568
591
649
542
439
673
616
684
559
637
675
7
8
5
5
5
5
5
6
5
8
5
5
6
6
5
8
5
8
5
5
5
9
6
5
6
5
5
5
5
5
7
5
5
5
5
5
6
5
5
5
5
5
5

N
N
Y
N
N
N
Y
Y
N
Y
N
N
N
Y
N
-

SP

Seq DR

Yrs

Price
95.96
23.46
67.62
34.62
21.28
23.10
56.03
25.27
33.60
30.30
60.17
155.52
84.41
67.04
86.06
24.03
66.86
39.38
42.87
32.77
21.76
106.23
100.53
111.40
34.16
47.16
99.21
56.90
68.90
69.45
66.05
49.32
108.72
21.60
37.02
47.41
80.96
35.83
32.76
55.10
10.12
31.51
18.96

No. CCC DRIP Fees 4/30/15

Div.
Yield
1.33
9.18
5.20
3.94
3.01
2.77
4.96
3.17
2.02
6.20
1.79
1.93
1.66
1.49
0.74
9.82
4.07
2.08
2.38
3.39
3.13
2.07
2.90
1.35
1.93
1.27
2.51
2.81
4.59
1.90
0.73
3.49
1.06
2.41
3.67
1.10
1.88
2.57
4.15
2.72
2.17
2.92
3.38
B24
B14
Jun
A01
A14
B26
B15
B19
A03
B27
A31
C07
C15
A12
C03
C24
A04
B20
A15
B01
B29
C30
C10
C25
B15
A03
A15
C03
C31
A01
C02
B02
Jan
B16
A15
B18
A31
B18
C16
C01
C15
A01
B20

Sch

Qtly

Former Contender

Former Contender

Former Champion
Former Contender

Annual

Spin-off Late'15
Also Class A
FY Streak

ADR-Switz,US$
EstDat,FmrChamp
EstDat,FmrChamp

Berm,US$,'14=Yr 8

&

Bermuda,US$
Norway,Annual
@ADR-Canada

Note

@=AnnualizedRate

SA=Semi-Annual

Most Recent Dividend Increase Information


Quarterly Rate
MR%
Dividend Dates
Old
New
Inc.
Ex-Div
Record
Pay
0.3100 0.3200
3.23 11/6/14
11/10/14 11/24/14
0.5253 0.5384
2.49
1/29/14
1/31/14
2/14/14
3.0723 3.5134 14.36 5/15/14
5/19/14
6/4/14
0.3203 0.3410
6.48 9/8/14
9/10/14
10/1/14
0.1400 0.1600 14.29 12/29/14 12/31/14 1/14/15
0.1500 0.1600
6.67 11/11/14 11/13/14 11/26/14
0.6675 0.6950
4.12 4/30/15
5/4/15
5/15/15
0.1800 0.2000 11.11
1/29/14
2/2/14
2/19/14
0.1500 0.1700 13.33 3/16/15
3/18/15
4/3/15
0.4600 0.4700
2.17
8/14/13
8/16/13
8/27/13
0.2300 0.2700 17.39 10/15/14 10/17/14 10/31/14
0.6500 0.7500 15.38
2/26/14
2/28/14
3/7/14
0.3175 0.3500 10.24 2/25/15
2/28/15
3/15/15
0.2000 0.2500 25.00 12/19/14 12/23/14 1/12/15
0.1300 0.1600 23.08 5/15/14
5/19/14
6/3/14
0.5400 0.5900
9.26 9/8/14
9/10/14
9/24/14
0.6200 0.6800
9.68
3/17/14
3/19/14
4/4/14
0.1800 0.2050 13.89 4/22/15
4/24/15
5/20/15
0.2450 0.2550
4.08 6/27/15
6/30/15
7/15/15
0.2600 0.2775
6.73 4/9/15
4/13/15
5/1/15
0.1500 0.1700 13.33 5/13/15
5/15/15
5/29/15
0.5000 0.5500 10.00 2/25/15
2/27/15
3/30/15
0.6700 0.7300
8.96 2/19/15
2/23/15
3/10/15
0.2800 0.3750 33.93 6/12/14
6/16/14
6/25/14
0.1450 0.1650 13.79 7/24/14
7/28/14
8/15/14
0.1200 0.1500 25.00 3/18/15
3/20/15
4/3/15
0.4150 0.6225 50.00 3/27/15
3/31/15
4/15/15
0.2750 0.4000 45.45 2/9/15
2/11/15
3/3/15
0.7250 0.7900
8.97 12/18/14 12/22/14 12/31/14
0.3000 0.3300 10.00 6/11/14
6/13/14
7/1/14
0.1000 0.1200 20.00 11/12/14 11/14/14 12/2/14
0.3400 0.4300 26.47 1/8/15
1/12/15
2/2/15
0.8600 1.1500 33.72 12/11/14 12/15/14 1/8/15
0.1100 0.1300 18.18 1/29/15
2/2/15
2/16/15
0.3200 0.3400
6.25 3/30/15
4/1/15
4/15/15
0.1150 0.1300 13.04 10/31/14 11/4/14
11/18/14
0.3400 0.3800 11.76 12/31/14 1/5/15
1/30/15
0.2000 0.2300 15.00 4/30/15
5/4/15
5/18/15
0.3250 0.3400
4.62 3/5/15
3/9/15
3/16/15
0.3500 0.3750
7.14 5/6/15
5/8/15
6/1/15
0.0500 0.0550 10.00 11/26/14 12/1/14
12/15/14
0.2200 0.2300
4.55 3/11/15
3/13/15
4/1/15
0.1400 0.1600 14.29 5/4/15
5/6/15
5/20/15

Company
Ticker
Name
Symbol
Techne Corp.
TECH
Teekay Offshore Partners LP
TOO
Telenor ASA
TELNY
TELUS Corp.
TU
Terreno Realty Corp.
TRNO
Territorial Bancorp
TBNK
Tesoro Logistics LP
TLLP
TESSCO Technologies Inc.TESS
Texas Roadhouse Inc.
TXRH
Textainer Group Holdings LtTGH
Thor Industries Inc.
THO
Time Warner Cable Inc.
TWC
Time Warner Inc.
TWX
Toro Company
TTC
Tractor Supply Company TSCO
Triangle Capital Corp.
TCAP
Tupperware Brands Corp. TUP
Tyco International Ltd.
TYC
U.S. Bancorp
USB
UDR Inc.
UDR
Union Bankshares Corp. UBSH
Union Pacific
UNP
United Parcel Service Inc. UPS
UnitedHealth Group Inc. UNH
Unum Group
UNM
US Physical Therapy Inc. USPH
Vail Resorts Inc.
MTN
Valero Energy Corp.
VLO
Ventas Inc.
VTR
Viacom Inc. B
VIAB
Visa Inc.
V
Waddell & Reed Financial In
WDR
Walt Disney Company
DIS
Washington Federal Inc. WAFD
Washington Trust Bancorp WASH
In
Waste Connections Inc.
WCN
WD-40 Company
WDFC
Webster Financial Corp. WBS
Weingarten Realty InvestorsWRI
Wells Fargo & Co.
WFC
Wendy's Company
WEN
WesBanco Inc.
WSBC
West Bancorp Inc.
WTBA

5-9 Straight Years Higher Dividends

End-of-month update at: http://dripinvesting.org/Tools/Tools.htm


Dates in Green (centered) indicate increase (by Ex-Div. Date) expected in next 2 months
Dates in Red (right-aligned) indicate last increase more than a year ago (Ex-Div Date)&=MultiIncThisYr

Challengers

(and American Depository Receipts)

602 Contenders/Challengers

707 Champions,Contenders
and Challengers

Averages for

Averages for

14.1

9.5

Y
N

397
691
583
566
444
487
540
465
617

8
5
5
5
6
6
5
6
5
5.8

Y
N

SP

Seq DR

Yrs

61.53

60.35

Price
72.89
175.60
47.76
2.45
49.40
90.01
116.43
85.40
37.02
53.82

No. CCC DRIP Fees 4/30/15

2.81 0.3666 0.4027

2.85 0.3642 0.4014

Div.
Yield
3.98
2.05
1.09
6.61
6.88
0.31
2.50
1.97
1.52
2.93

9.85

10.21

SA,@ADR-UK

Canada
Adj/Stk+merger

Note
&

@=AnnualizedRate

SA=Semi-Annual

Most Recent Dividend Increase Information


Quarterly Rate
MR%
Dividend Dates
Qtly
Old
New
Inc.
Ex-Div
Record
Pay
Sch
0.7000 0.7250
3.57 4/28/15
4/30/15
5/13/15
B13
0.7500 0.9000 20.00 5/13/15
5/15/15
6/15/15
C15
0.1200 0.1300
8.33 1/14/15
1/16/15
1/27/15
A27
0.0389 0.0405
4.03 12/10/14 12/12/14 1/7/15
A07
0.5605 0.8500 51.65 2/5/15
2/9/15
2/13/15
B13
0.0600 0.0700 16.67 5/11/15
5/13/15
6/1/15
C01
1.1516 1.4560 26.43 10/8/14
10/10/14 11/10/14 JlNv
0.3500 0.4200 20.00 3/11/15
3/13/15
3/27/15
C27
0.1280 0.1408 10.00 2/13/15
2/18/15
3/18/15
C18
0.3134 0.3523 12.42

Company
Ticker
Name
Symbol
Industry
Western Gas Partners LP WES
MLP-Oil&Gas Pipelines
Whirlpool Corp.
WHR Appliances
Whole Foods Market Inc. WFM Grocery Stores
Wi-Lan Inc.
WILN Telecomm Equipment
Williams Partners LP new WPZ
MLP-Oil&Gas Pipelines
Winmark Corp.
WINA Retail-Specialty
WPP plc
WPPGY Advertising
Wyndham Worldwide Corp.WYN
Lodging
Xylem Inc.
XYL
Machinery
Averages:
353 Challengers

5-9 Straight Years Higher Dividends

End-of-month update at: http://dripinvesting.org/Tools/Tools.htm


Dates in Green (centered) indicate increase (by Ex-Div. Date) expected in next 2 months
Dates in Red (right-aligned) indicate last increase more than a year ago (Ex-Div Date)&=MultiIncThisYr

Challengers

(and American Depository Receipts)

Challengers

Fundamental Data
Abbreviations:

Numbers in Blue directly from FinViz.com

(Brown=Yahoo Finance)

EPS=Earnings Per Share; P/E=Price/Earnings Per Share; TTM=Trailing Twelve Months; MRQ=Most Recent Quarter,
PEG=P/E divided by 5-yr future growth rate; FCF=Free Cash Flow, ROE=Return On Equity, TY=This Year; NY=Next Year

5-9 Straight Years Higher Dividends

Disclaimer: Although all figures are thought to be correct, no guarantee is expressed or implied.
Company
Ticker
Annual EPS% +/-% vs. TTM
FYE TTM PEG TTM MRQ TTM TY% NY% Past 5yr Est 5-yr N MktCap Inside Debt/ Past 5yr
Name
Symbol Dividend Payout Graham P/E Month EPS Ratio P/Sales P/Book ROE Growth Growth Growth Growth A ($Mil) Own. Equity DEG
A. Schulman Inc.
SHLM
0.82
52.23
77.4
27.04 8
1.57
1.55
0.51
2.62
9.10 60.7
30.4
33.2
17.5 5
1,243
2.3 0.83 0.182
Access National Corp.
ANCX
0.60
41.67
6.1
13.13 12
1.44
1.64
5.00
1.93 15.20
4.7
(1.9)
7.6
8.0 2
199 18.2 0.00 8.648
Activision Blizzard Inc.
ATVI
0.23
20.35
43.1
20.19 12
1.13
2.50
3.76
2.28 15.60 18.9
22.7
65.9
8.1 26
16,563
1.3 0.60
n/a
Admiral Group plc
AMIGY
1.64 106.65 128.6
15.68 12
1.54
n/a
4.40
7.50
n/a
n/a
n/a
n/a
n/a 0
6,240
n/a
n/a
n/a
Aetna Inc.
AET
1.00
17.64
47.3
18.85 12
5.67
1.98
0.64
2.59 14.00
6.6
11.9
14.9
9.5 21
37,310
0.4 0.59 5.798
Alexandria Real Estate Equit
ARE
2.96 296.00 179.3
92.38 12
1.00 11.20
9.16
1.90
2.10 (35.5)
24.4
(14.4)
8.3 10
6,655
1.5 1.06
n/a
Allete Inc.
ALE
2.02
69.66
4.6
17.34 12
2.90
2.89
2.14
1.42
8.40 10.3
7.7
8.9
6.0 5
2,433
0.2 0.86 0.244
Allied World Assurance Co.AWH
H
0.90
20.27 (34.9)
9.27 12
4.44
n/a
1.58
1.03 11.70 23.6
0.5
4.8
(7.5) 8
3,926
2.3 0.21 5.796
Allstate Corp.
ALL
1.20
19.08 (15.5) 11.07 12
6.29
1.63
0.80
1.45 13.30 30.4
8.7
31.7
6.8 27
28,483
0.2 0.25 0.220
Altera Corp.
ALTR
0.72
49.32 119.6
28.55 12
1.46
2.51
6.58
3.80 13.60 11.8
18.0
12.6
11.4 31
12,545
0.2 0.45 2.141
American Electric Power Co.
AEP
2.12
60.74
8.3
16.30 12
3.49
3.15
1.63
1.62 10.10
9.9
5.1
2.4
5.2 23
27,845
0.1 1.16 1.816
American Financial Group In
AFG
1.00
20.12 (19.7) 12.72 12
4.97
1.59
0.97
1.14
9.20 (3.7)
5.5
2.3
8.0 6
5,550
0.6 0.22 5.149
American Water Works
AWK
1.36
56.90
42.0
22.81 12
2.39
2.91
3.26
1.99 10.10 15.5
7.6
30.8
7.8 14
9,809
0.2 1.21 0.263
Ames National Corp.
ATLO
0.80
48.78
0.7
15.21 12
1.64
n/a
5.66
1.50 10.00
9.3
0.0
11.5
n/a 1
232
0.2 0.00 0.333
Ametek Inc.
AME
0.36
15.19
97.1
22.12 12
2.37
1.82
3.15
3.95 17.40 12.9
9.3
22.8
12.2 12
12,656
1.2 0.53 1.008
Amgen Inc.
AMGN
3.16
42.65 107.1
21.31 12
7.41
1.87
5.82
4.53 22.40
0.9
10.3
8.2
11.4 24 119,682
0.1 1.14
n/a
Anheuser-Busch InBev SA/N
BUD
3.24
58.58
94.7
21.71 12
5.53
3.24
4.08
3.93 26.10 (36.5)
8.5
13.8
6.7 7 191,870
0.0 1.02
n/a
Anthem Inc.
ANTM
2.50
27.96
12.3
16.88 12
8.94
1.60
0.54
1.68 10.60
3.2
11.4
(2.0)
10.6 22
40,146
0.3 0.62
n/a
Apartment Investment & Man
AIV
1.20 1500.00 952.0 471.63 12
0.08 66.43
5.99
5.28 36.80 (72.4)
27.9
15.3
7.1 14
5,896
0.6 3.97 0.181
Applied Industrial Technolog
AIT
1.08
38.03
19.9
14.71 6
2.84
1.30
0.64
2.20 15.10 (4.0)
7.8
21.9
11.3 11
1,718
1.4 0.45 0.491
Applied Materials Inc.
AMAT
0.40
42.11
66.7
20.83 10
0.95
1.63
2.63
3.00 15.00 314.3
23.8
42.0
12.8 21
24,316
0.6 0.24 0.256
ARM Holdings plc
ARMH
0.30
33.96 396.0
57.29 12
0.89
3.11 18.88
9.66 18.50 142.4
20.5
41.7
18.4 11
23,972
0.0 0.00 0.634
Armanino Foods of Distinctio
AMNF
0.07
60.00
n/a 18.75 12
0.12
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a 0
73 n/a
n/a
n/a
Arthur J. Gallagher & Co. AJG
1.48
75.51
61.7
24.40 12
1.96
2.09
1.72
2.41 10.20 (5.3)
14.0
8.3
11.7 20
7,976
0.1 0.74 0.287
Ashford Hospitality Trust AHT
0.48
n/a
n/a
n/a 12
-0.79
n/a
1.15
1.50 -19.30 21.0
18.0
20.4
3.8 14
914
1.5 3.68
n/a
Ashland Inc.
ASH
1.36 400.00 557.8 371.65 9
0.34 29.59
1.44
2.62
3.90 (86.7)
18.2
17.9
12.6 12
8,753
0.4 0.98 1.972
Assa Abloy AB
ASAZY
0.43
42.90 153.6
28.99 12
1.00
n/a
3.04
4.99
n/a
n/a
n/a
n/a
n/a 0
21,470
n/a
n/a
n/a
Autoliv Inc.
ALV
2.24
54.77 105.4
29.03 12
4.09
3.05
1.15
3.27 10.50 (0.2)
17.0 111.3
9.5 19
10,450
0.1 0.51 0.528
Avago Technologies Ltd. AVGO
1.52
82.16 380.1
63.18 10
1.85
2.41
5.77
8.21 14.60 (47.0)
8.1
50.8
26.2 17
29,990
0.2 1.26
n/a
Avery Dennison Corp.
AVY
1.48
56.27 111.2
21.14 12
2.63
2.42
0.79
4.75 18.80
7.4
14.0
18.4
8.8 9
5,029
0.3 1.08 0.103
AVX Corp.
AVX
0.42
43.30 (16.3) 14.20 3
0.97
1.65
1.67
1.11
7.90 297.4
(5.8)
9.8
8.6 2
2,317 72.5 0.00 1.990
BAE Systems plc
BAESY
1.33
95.33
n/a 22.53 12
1.39
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a 0
n/a
n/a
n/a
n/a
Balchem Inc.
BCPC
0.30
17.75 137.7
31.02 12
1.69
1.29
3.00
4.10 14.40 16.6
12.8
12.7
24.0 3
1,622
1.4 0.85 2.563
Banco Latinoamericano DeBLX
C
1.54
56.00 (16.4) 11.55 12
2.75
1.66
5.79
1.36 14.70 25.0
10.3
12.9
7.0 3
1,232 13.2 1.57 1.231
Bank of Nova Scotia
BNS
2.35
50.36
(2.8) 11.81 10
4.67
1.50
4.11
1.80 15.50 10.8
8.1
14.0
7.9 4
66,704
0.0 0.11 0.510
Barclays plc
BCS
0.43
n/a
n/a
n/a 12
-0.07
n/a
3.54
0.73
2.00 (130.0)
2.9
(15.4)
15.3 2
65,003
0.0 1.80
n/a
Barrett Business Services InBBSI
0.88
n/a
n/a
n/a 12
-3.80
n/a
0.50
8.19 -50.40 (256.2)
0.0
(58.3)
10.0 2
318
1.9 1.16
n/a
Baxter International Inc.
BAX
2.08
58.43
98.5
19.31 12
3.56
4.37
2.24
4.59 36.10 (2.7)
4.6
(0.2)
4.4 20
37,362
0.2 1.15
n/a
BB&T Corp.
BBT
1.08
40.00 (11.2) 14.18 12
2.70
1.83
4.53
1.25
9.10 24.2
15.4
18.8
7.7 30
27,601
0.4 1.06 -0.276
BioMed Realty Trust Inc. BMR
1.04 107.22
13.7
21.39 12
0.97
3.57
6.26
1.36
6.50 390.0
94.8
16.8
6.0 12
4,224
0.9 0.91 0.140
BlackRock Inc.
BLK
8.72
44.24
35.0
18.46 12
19.71
1.52
5.39
2.22 12.50 14.1
14.2
25.8
12.2 21
60,032 23.2 0.30 0.770
Bob Evans Farms
BOBE
1.24 144.19 145.5
50.02 4
0.86
5.00
0.76
2.71
6.50 (60.5)
24.1
54.6
10.0 5
1,017
0.6 1.20 0.246
Bristol-Myers Squibb Co. BMY
1.48 123.33 309.9
53.11 8
1.20
3.29
6.69
7.12 13.20 (22.1)
34.4
(5.9)
16.2 22 106,217
0.1 0.53
n/a

(and American Depository Receipts)

Challengers

Fundamental Data
Abbreviations:

Numbers in Blue directly from FinViz.com

(Brown=Yahoo Finance)

EPS=Earnings Per Share; P/E=Price/Earnings Per Share; TTM=Trailing Twelve Months; MRQ=Most Recent Quarter,
PEG=P/E divided by 5-yr future growth rate; FCF=Free Cash Flow, ROE=Return On Equity, TY=This Year; NY=Next Year

5-9 Straight Years Higher Dividends

Disclaimer: Although all figures are thought to be correct, no guarantee is expressed or implied.
Company
Ticker
Annual EPS% +/-% vs. TTM
FYE TTM PEG TTM MRQ TTM TY% NY% Past 5yr Est 5-yr N MktCap Inside Debt/ Past 5yr
Name
Symbol Dividend Payout Graham P/E Month EPS Ratio P/Sales P/Book ROE Growth Growth Growth Growth A ($Mil) Own. Equity DEG
Broadcom Corp.
BRCM
0.56
49.12 125.5
38.78 12
1.14
2.99
3.11
2.95
7.90 47.9
6.7
52.7
13.0 39
26,435
1.0 0.18
n/a
Broadridge Financial SolutioBR
1.08
51.92 175.5
25.92 12
2.08
2.16
2.48
6.59 27.10 25.4
11.8
6.1
12.0 5
6,517
0.6 0.53 3.408
Brookfield Infrastructure Part
BIP
2.12 282.67 112.8
58.57 12
0.75 97.62
3.43
1.74
2.80 (33.6)
22.7
(8.2)
0.6 3
6,604
4.7 2.10
n/a
BT Group plc
BT
1.76
48.12
n/a 19.09 3
3.66
2.01
2.13
n/a -516.60
3.5
5.4
63.6
9.5 1
58,167
0.0
n/a 0.201
CAE Inc.
CAE
0.23
38.31
55.1
20.34 3
0.61
1.74
1.83
2.66 13.50 37.2
13.9
(0.7)
11.7 9
3,304
5.1 0.81
n/a
Calamos Asset ManagemenCLMS
0.60
83.33
(9.2) 17.18 12
0.72
1.72
1.01
1.08
6.60 (22.8)
15.0
2.7
10.0 4
254
2.5 0.22 7.449
Calumet Specialty ProductsCLMT
2.74
n/a
n/a
n/a 12
-1.80
n/a
0.36
2.49 -14.00 (958.8)
62.9
(24.3)
17.5 8
2,108
2.8 2.20
n/a
Camden Property Trust
CPT
2.80
85.63
55.2
22.96 12
3.27
0.99
8.00
2.36 10.70 94.6
8.5
36.3
23.1 17
6,750
1.7 0.97 0.071
Cantel Medical Corp.
CMN
0.10
9.52 203.2
42.66 7
1.05
2.37
3.55
4.85 11.60 10.6
29.3
20.5
18.0 2
1,860 11.4 0.25
n/a
Cardinal Financial Corp. CFNL
0.44
34.38
11.3
16.12 12
1.28
0.90
5.28
1.73 11.20 22.0
4.8
22.0
18.0 7
663
2.9 0.92 2.428
CBL & Associates PropertiesI
CBL
1.06 103.92
30.8
17.66 12
1.02
8.53
2.89
2.18 12.50 277.8
13.9
7.2
2.1 14
3,071
1.5 3.34 0.239
CBOE Holdings Inc.
CBOE
0.84
37.84 362.0
25.35 12
2.22
2.37
7.65 18.95 90.60 11.1
16.8
14.2
10.7 15
4,722
0.9 0.00
n/a
Ceco Environmental Corp. CECE
0.26
52.80
33.5
23.58 12
0.50
1.31
1.18
1.70
7.40 56.3
19.0
19.9
18.0 7
310 26.1 0.67
n/a
Celanese Corp.
CE
1.20
27.78
55.7
15.36 12
4.32
2.50
1.55
3.55 22.80 (41.5)
6.8
5.2
6.1 17
10,169
0.3 0.93 8.114
Cenovus Energy Inc.
CVE
0.99 122.49
32.9
23.23 12
0.81
n/a
0.96
1.71
7.20 12.7 162.5
2.7
n/a 14
15,522
0.0 0.54 13.984
Chatham Lodging Trust
CLDT
1.20
47.81 (11.5) 11.01 12
2.51
0.80
5.36
1.60 13.20 28.3
33.6
0.0
13.8 6
1,056
2.5 0.93
n/a
Chemed Corp.
CHE
0.88
15.74
98.7
20.62 12
5.59
2.06
1.35
4.31 22.40 33.9
6.4
11.3
10.0 5
1,967
2.1 0.33 1.634
Chesapeake Lodging TrustCHSP
1.40 140.00
49.3
31.75 12
1.00
3.97
3.96
1.58
5.00 33.3
30.0
28.3
8.0 5
1,894
1.7 0.51
n/a
Chico's FAS Inc.
CHS
0.31
73.81 117.8
40.14 1
0.42
2.54
0.97
2.66 10.70
2.4
19.4
1.5
15.8 23
2,599
1.9 0.00
n/a
Cimarex Energy Co.
XEC
0.64
11.03
50.3
21.45 12
5.80
n/a
4.50
2.37 14.60 (10.5) 289.2
28.2
0.0 27
10,906
1.1 0.33 0.741
Cisco Systems Inc.
CSCO
0.84
50.30
40.1
17.26 7
1.67
1.84
3.06
2.56 15.30 (19.9)
5.0
7.3
9.4 40 147,170
0.1 0.36
n/a
Cleco Corp.
CNL
1.60
62.75
38.3
21.31 12
2.55
5.33
2.59
2.02
9.60 (3.8)
3.1
7.7
4.0 4
3,287
1.3 0.84 1.515
CME Group Inc.
CME
2.00
59.70
32.7
27.14 12
3.35
2.13
9.86
1.46
5.30 14.7
11.2
6.2
12.8 16
30,687
0.2 0.10 2.478
CMS Energy Corp.
CMS
1.16
66.67
48.4
19.50 12
1.74
2.90
1.31
2.54 13.10
4.8
6.7
16.0
6.7 15
9,392
0.7 2.38 1.041
Coach Inc.
COH
1.35
65.85
86.1
18.64 6
2.05
4.25
2.35
4.18 23.30 (22.7)
5.7
7.9
4.4 35
10,539
0.1 0.01 6.985
Coca-Cola Enterprises Inc. CCE
1.12
42.42 136.5
16.82 12
2.64
3.56
1.25
7.48 37.20
7.8
9.0
9.1
4.7 15
10,346
0.7 2.76 2.992
Cohen & Steers Inc.
CNS
1.00
59.52 174.3
22.54 12
1.68
1.06
5.29
7.51 31.60
9.3
18.9 112.4
21.2 5
1,718 41.6 0.00 0.301
Colony Financial Inc.
CLNY
1.48 159.14
20.4
27.86 12
0.93
n/a
9.63
1.17
5.10 (15.7)
11.0
80.2
n/a 3
2,894
2.1 1.14
n/a
Columbia Banking System In
COLB
0.72
45.86
6.9
18.92 12
1.57
2.10
5.44
1.36
9.00 25.6
8.4
43.1
9.0 6
1,712
0.3 0.00 1.171
Columbia Sportswear Co. COLM
0.60
30.93 116.4
32.32 12
1.94
3.11
2.10
3.26 10.60 42.6
13.0
14.4
10.4 16
4,413 35.9 0.00 0.802
Comcast Corp.
CMCSA
1.00
31.25
49.9
18.05 12
3.20
1.06
2.12
2.80 16.00 25.0
13.4
20.5
17.0 29 146,013
0.1 0.92 1.309
Comerica Inc.
CMA
0.84
26.50 (14.1) 14.96 12
3.17
1.62
4.82
1.11
7.80 11.2
14.8
42.9
9.2 31
8,442
0.9 0.36 0.224
Core Laboratories NV
CLB
2.20
38.06 714.0
22.71 12
5.78
1.26
5.22 65.64 217.30
9.3
17.7
18.9
18.0 19
5,661
1.2 4.06
3.095
CoreSite Realty Corp.
COR
1.68 224.00 278.2
64.11 12
0.75
4.93
8.02
5.02
7.80 34.7
47.5
30.8
13.0 12
2,274
3.1 1.63
n/a
Corning Inc.
GLW
0.48
28.40 (12.8) 12.38 12
1.69
1.11
2.73
1.38 13.70 29.1
7.8
6.2
11.2 16
26,556
0.1 0.17 2.398
CSI Compressco LP
CCLP
1.98 319.35
2.4
34.19 12
0.62
n/a
2.49
0.69
3.10 (57.7)
(1.5)
1.8
n/a 5
703
0.3 1.00
n/a
CubeSmart
CUBE
0.64 492.31 350.2 177.46 12
0.13 17.06 10.16
2.57
1.80 333.3
44.7
18.6
10.4 12
3,829
0.4 0.81 2.100
Cummins Inc.
CMI
3.12
34.59
48.3
15.33 12
9.02
1.26
1.30
3.23 21.60 14.0
11.0
33.1
12.2 21
25,068
0.2 0.22 0.968
DCP Midstream Partners LP
DPM
3.08 110.79
0.9
14.68 12
2.78
2.94
1.28
1.56 10.90 111.9
(1.1)
37.2
5.0 13
4,649 22.7 0.78 0.124
DDR Corp.
DDR
0.69
n/a
n/a
n/a 12
-0.01
n/a
6.24
1.79
1.90
75.0 1114.3
62.9
6.1 19
6,155
0.4 1.53 -0.184
DeVry Education Group Inc.DV
0.36
15.00 (16.0) 12.60 6
2.40
2.17
1.00
1.26 10.20 22.0
6.1
0.4
5.8 15
1,929
1.8 0.00 42.368
Diageo plc
DEO
3.37
71.54 159.7
23.57 6
4.71
6.04
4.47
6.44 63.80 (5.0)
9.6
7.6
3.9 3
69,346
0.0 1.57 1.088
Discover Financial ServicesDFS
1.12
23.05
10.9
11.93 12
4.86
1.39
3.36
2.32 20.50 (1.2)
8.1
32.1
8.6 26
25,862
1.1 2.06 1.567

(and American Depository Receipts)

Challengers

Fundamental Data
Abbreviations:

Numbers in Blue directly from FinViz.com

(Brown=Yahoo Finance)

EPS=Earnings Per Share; P/E=Price/Earnings Per Share; TTM=Trailing Twelve Months; MRQ=Most Recent Quarter,
PEG=P/E divided by 5-yr future growth rate; FCF=Free Cash Flow, ROE=Return On Equity, TY=This Year; NY=Next Year

5-9 Straight Years Higher Dividends

Disclaimer: Although all figures are thought to be correct, no guarantee is expressed or implied.
Company
Ticker
Annual EPS% +/-% vs. TTM
FYE TTM PEG TTM MRQ TTM TY% NY% Past 5yr Est 5-yr N MktCap Inside Debt/ Past 5yr
Name
Symbol Dividend Payout Graham P/E Month EPS Ratio P/Sales P/Book ROE Growth Growth Growth Growth A ($Mil) Own. Equity DEG
Domtar Corp.
UFS
1.60
24.10 (47.3)
6.51 12
6.64
2.17
0.50
0.96 15.10 388.2
11.6
13.1
3.0 14
2,761
0.1 0.47
n/a
Douglas Dynamics Inc.
PLOW
0.89
50.28
23.2
12.29 12
1.77
1.23
1.60
2.78 23.90 240.4
(6.6)
21.4
10.0 5
486
2.7 1.09
n/a
Douglas Emmett Inc.
DEI
0.84 289.66 204.3
98.28 12
0.29
5.96
6.93
2.12
2.30 (19.4)
8.3
25.7
16.5 16
4,157
1.6 1.77 0.405
Dow Chemical Company DOW
1.68
52.66
50.3
15.99 12
3.19
1.35
1.05
3.18 18.90 (16.1)
21.3
68.7
11.8 22
58,753
0.2 1.09 0.152
Dr Pepper Snapple Group DPS
1.92
53.48 144.6
20.77 12
3.59
2.77
2.32
6.48 30.80 16.7
7.0
10.4
7.5 17
14,299
0.3 1.18
n/a
DSW Inc.
DSW
0.80
47.34
73.9
21.46 1
1.69
1.43
1.28
3.17 15.20
2.4
12.7
23.2
15.0 18
3,203
0.4 0.00
n/a
DTE Energy Company
DTE
2.76
57.50
12.0
16.59 12
4.80
3.68
1.26
1.70 10.40 35.2
6.3
9.5
4.5 15
14,276
0.3 1.08 0.485
Dun & Bradstreet Corp.
DNB
1.85
23.21
n/a 16.02 12
7.97
2.28
2.74
n/a -26.50 22.0
7.8
5.9
7.0 9
4,600
0.4
n/a 0.897
DuPont Fabros TechnologyDFT
I
1.96 164.71
76.2
26.18 12
1.19
1.31
6.03
2.67
9.20 271.9
19.1
97.1
20.0 5
2,517
1.2 1.34
n/a
East West Bancorp
EWBC
0.80
31.37
18.4
15.92 12
2.55
1.60
5.16
1.98 15.70 13.3
9.9
43.6
9.9 15
5,838
0.9 0.08 1.617
Eastman Chemical Co.
EMN
1.60
32.39
48.8
15.43 12
4.94
1.92
1.19
3.23 20.00 (33.3)
9.3
36.4
8.0 13
11,355
0.3 2.15 0.267
Eaton Corp. plc
ETN
2.20
58.36
28.9
18.23 12
3.77
1.99
1.42
2.05 10.80 (3.6)
10.4
27.0
9.2 26
32,133
0.3 0.57 0.534
EMC Insurance Group Inc. EMCI
1.00
44.84 (19.9) 15.53 12
2.23
3.11
0.80
0.93
6.10 (33.0)
(9.5)
(8.3)
5.0 2
474
2.5 0.07
n/a
Emclaire Financial Corp. EMCF
0.96
44.44 (25.0) 11.84 12
2.16
n/a
2.21
1.07
9.50 15.2
0.0
22.4
n/a 1
46 16.7 0.50 0.157
Enbridge Energy Partners LP
EEP
2.28 345.45 186.0
56.27 12
0.66
2.33
1.58
3.27
7.10 271.8
36.7
(13.6)
24.1 15
12,605 18.3 1.86
n/a
Endurance Specialty Holding
ENH
1.40
19.86 (43.8)
8.56 12
7.05
0.95
1.36
0.83 13.00 10.8
1.2
(4.1)
9.0 7
2,724
2.8 0.17
n/a
EnLink Midstream LLC
ENLC
1.52 281.48 145.3
65.09 12
0.54
3.62
1.65
2.08
1.60 (26.0)
37.3
0.0
18.0 6
5,770
0.9 0.73
n/a
EnLink Midstream PartnersENLK
L
0.98 168.97
59.5
44.36 12
0.58
1.70
1.80
1.29
3.00 (58.9)
44.0
18.8
26.1 8
6,316
4.9 0.42 2.246
Ensign Group Inc.
ENSG
0.30
19.23 109.5
26.99 12
1.56
1.80
1.05
3.66 12.90 34.5
7.9
0.1
15.0 7
1,078
0.8 0.26 162.526
EPR Properties
EPR
3.63 131.05
25.8
20.82 12
2.77
4.43
8.57
1.71
8.50 (11.4)
12.3
33.8
4.7 3
3,299
0.9 0.85 0.119
Equifax Inc.
EFX
1.16
38.28 176.8
31.99 12
3.03
3.15
4.61
5.39 16.40 10.0
10.3
11.8
10.2 12
11,536
0.5 0.71 3.752
Escalade Inc.
ESCA
0.44
42.31
46.5
17.30 12
1.04
1.15
1.76
2.79
7.80
3.2
17.2
49.2
15.0 0
252
8.2 0.20
n/a
Estee Lauder Companies Inc.
EL
0.96
32.88 216.4
27.84 6
2.92
3.03
2.81
8.09 30.00 18.6
17.8
41.0
9.2 22
30,733
0.5 0.36
0.610
Ethan Allen Interiors Inc. ETH
0.56
37.09
14.5
16.04 6
1.51
0.94
0.92
1.84 12.00 32.4
24.8
22.9
17.0 10
701
7.8 0.35 -0.060
Evercore Partners Inc.
EVR
1.12
58.33
88.4
25.13 12
1.92
1.26
1.97
3.18 16.70 43.4
17.0
99.6
20.0 5
2,010
4.7 0.23 0.152
Excel Trust Inc.
EXL
0.72
n/a
n/a
n/a 12
-0.06
n/a
7.72
1.60 -0.70 22.2
6.5
(40.6)
7.5 9
1,006
1.7 1.39
n/a
Exterran Partners LP
EXLP
2.25 255.68
73.9
30.38 12
0.88 30.37
2.56
2.24
7.50 (23.7)
(0.3)
5.8
1.0 7
1,488
0.3 1.96 0.551
Extra Space Storage Inc. EXR
1.88 122.88 190.3
43.09 12
1.53
9.37 11.86
4.40 12.40
0.0
10.4
32.1
4.6 13
7,678
2.2 1.37 1.141
FBL Financial Group Inc. FFG
1.60
36.45 (17.3) 13.27 12
4.39
1.33
2.08
1.16
9.20
4.3
6.8
21.3
10.0 3
1,443
0.1 0.08 1.663
Fifth Third Bancorp
FITB
0.56
31.64 (25.3) 11.30 12
1.77
1.95
4.07
1.11 12.40 (16.8)
9.3
21.7
5.8 31
16,304
0.3 0.97 3.029
Financial Institutions Inc. FISI
0.80
40.82 (18.0) 12.02 12
1.96
1.50
3.30
1.26 10.70 14.3
8.7
15.1
8.0 3
334
1.7 0.00 0.907
Finish Line Inc. (The)
FINL
0.36
20.93
10.9
14.26 2
1.72
1.62
0.63
1.94 14.10 10.3
12.1
13.3
8.8 17
1,145
0.1 0.00 1.630
First American Financial Corp
FAF
1.00
43.86
(1.2) 15.26 12
2.28
1.57
0.79
1.44 10.50 25.1
9.8
12.6
9.7 6
3,771
1.7 0.22
n/a
First Defiance Financial Corp
FDEF
0.80
30.65 (16.1) 13.41 12
2.61
1.49
4.18
1.18
9.30 11.4
2.7
31.1
9.0 2
324
2.1 0.13 0.196
First Financial Bankshares In
FFIN
0.64
45.07
54.4
20.39 12
1.42
2.04
9.18
2.63 13.60 12.1
9.6
10.1
10.0 9
1,857
0.5 0.00 0.353
First Interstate BancsystemFIBK
I
0.80
42.78
(6.8) 14.47 12
1.87
1.61
4.60
1.35
9.80 (4.6)
6.9
3.3
9.0 6
1,229
1.1 0.13
n/a
Flir Systems Inc.
FLIR
0.44
31.43
62.7
22.06 12
1.40
1.47
2.82
2.70 12.30 13.9
13.9
(0.8)
15.0 8
4,320
0.9 0.23
n/a
Flowserve Corp.
FLS
0.72
19.10
68.6
15.53 12
3.77
2.16
1.62
4.12 32.80 10.3
8.8
8.2
7.2 15
7,883
0.3 0.60 1.452
FMC Corp.
FMC
0.66
22.37 114.9
20.11 12
2.95
1.92
1.96
5.17 22.60 (11.1)
26.0
11.9
10.5 13
7,920
0.6 1.10 1.557
FNB Bancorp
FNBG
0.52
24.53
n/a 13.56 12
2.12
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a 0
123
n/a
n/a
n/a
Foot Locker Inc.
FL
1.00
28.09
58.4
16.70 1
3.56
1.43
1.16
3.38 20.20 (19.3)
10.7
64.0
11.7 21
8,314
0.7 0.05 0.117
Fox Chase Bancorp Inc. FXCB
0.56
78.87
4.5
23.42 12
0.71
3.90
4.87
1.05
4.60 47.9
5.2
64.8
6.0 3
195
4.2 0.17
n/a
Frisch's Restaurants Inc. FRS
0.80
37.21
(7.0) 13.16 5
2.15
n/a
0.67
1.48 11.50 34.1
0.0
4.8
n/a 1
145
0.1 0.02 1.790

(and American Depository Receipts)

Challengers

Fundamental Data
Abbreviations:

Numbers in Blue directly from FinViz.com

(Brown=Yahoo Finance)

EPS=Earnings Per Share; P/E=Price/Earnings Per Share; TTM=Trailing Twelve Months; MRQ=Most Recent Quarter,
PEG=P/E divided by 5-yr future growth rate; FCF=Free Cash Flow, ROE=Return On Equity, TY=This Year; NY=Next Year

5-9 Straight Years Higher Dividends

Disclaimer: Although all figures are thought to be correct, no guarantee is expressed or implied.
Company
Ticker
Annual EPS% +/-% vs. TTM
FYE TTM PEG TTM MRQ TTM TY% NY% Past 5yr Est 5-yr N MktCap Inside Debt/ Past 5yr
Name
Symbol Dividend Payout Graham P/E Month EPS Ratio P/Sales P/Book ROE Growth Growth Growth Growth A ($Mil) Own. Equity DEG
G&K Services Inc.
GK
1.24
42.32
96.3
24.10 6
2.93
2.01
1.53
3.60 14.40
7.8
10.7
22.0
12.0 8
1,408
2.0 0.62 1.452
Garmin Ltd.
GRMN
2.04 109.09
65.2
24.17 12
1.87
3.68
3.01
2.54 10.50 (39.7)
4.4
(11.7)
6.6 18
8,651
5.0 0.00
n/a
GATX Corp.
GMT
1.52
33.93
(0.6) 12.14 12
4.48
1.01
1.66
1.83 15.10 24.8
5.0
21.5
12.0 7
2,403
1.1 3.25 0.155
General Electric Co.
GE
0.92 836.36 424.1 246.18 12
0.11 27.25
1.89
2.51
1.30
2.7
18.3
8.8
9.0 18 272,628
0.0 3.24 0.162
General Growth Properties GGP
In
0.68 174.36 220.5
70.26 12
0.39
7.78
9.57
3.29 10.60 21.9
28.7
17.5
9.0 16
24,261
1.4 2.20
n/a
Gildan Activewear Inc.
GIL
0.26
23.21 127.4
28.31 9
1.12
1.95
3.35
4.11 14.50 12.3
23.5
30.2
14.5 19
7,702
5.6 0.21
n/a
Global Partners LP
GLP
2.72
68.69
(7.0) 10.14 12
3.96
n/a
0.07
1.92 22.70 178.2
8.7
9.5
(14.7) 7
1,244 10.1 1.03 0.561
Golar LNG Partners LP
GMLP
2.31
60.63
n/a
7.67 12
3.81
0.96
4.54
n/a 71.30
8.9
6.3
14.7
8.0 3
1,800
0.0
n/a
n/a
Group 1 Automotive Inc. GPI
0.80
22.41
36.3
22.12 12
3.57
1.37
0.19
1.89
9.00 (16.9)
11.1
20.2
16.2 12
1,918
4.5 2.53
n/a
Harley-Davidson Inc.
HOG
1.24
31.55
60.1
14.30 12
3.93
1.17
1.92
4.03 27.20 18.3
11.7
66.9
12.3 20
11,860
0.1 2.02 0.335
HCI Group Inc.
HCI
1.20
22.14
(9.3)
8.04 12
5.42
0.32
1.76
2.30 42.40 (4.8)
(8.1)
28.7
25.0 4
469
1.7 0.71
n/a
Heartland Payment Systems
HPY
0.40
44.44 330.1
56.56 12
0.90
4.24
0.81
7.36 13.50 (53.6)
14.4
21.6
13.3 20
1,861
2.8 2.36 2.035
HEICO Corp.
HEI
0.14
7.78 169.3
31.02 10
1.80
2.37
2.92
5.26 17.90 17.6
11.5
21.5
13.1 12
3,313
3.4 0.50 0.909
Heritage Financial Corp. HFWA
0.44
47.31
(5.7) 18.17 12
0.93
1.82
3.71
1.10
6.80 34.4
10.2
59.1
10.0 6
511
1.4 0.04 0.469
Hershey Company
HSY
2.14
57.07 249.0
24.51 12
3.75
2.46
2.71 11.18 57.30
4.4
9.1
14.7
10.0 16
20,258
8.5 1.87
0.774
Hewlett-Packard Company HPQ
0.70
26.97
13.1
12.63 10
2.61
4.57
0.54
2.28 18.00
0.0
4.8
(3.6)
2.8 30
59,925
0.1 0.72
n/a
Hillenbrand Inc.
HI
0.80
43.01
50.1
15.80 9
1.86
1.26
1.10
3.21 19.80 70.3
13.2
0.7
12.5 3
1,850
0.4 1.07 1.874
Hill-Rom Holdings Inc.
HRC
0.64
62.75 189.1
48.96 9
1.02
3.92
1.61
3.84
7.40 (40.2)
11.1
16.7
12.5 8
2,822
0.1 0.78 0.495
Hingham Institution for Savin
HIFS
1.12
13.74
6.6
13.60 12
8.15
n/a
4.06
1.88 14.40 66.2
0.0
22.5
n/a 1
235 42.5 0.01 0.227
Home Bancshares Inc.
HOMB
0.50
28.57
33.7
18.79 12
1.75
3.76
6.58
2.14 11.90 49.1
10.5
27.2
5.0 10
2,222
7.9 0.06 0.965
Home Depot Inc.
HD
2.36
50.00 288.7
22.67 1
4.72
1.56
1.67 15.00 59.00 25.3
14.7
24.9
14.5 30 138,899
0.1 1.84 0.615
Home Properties Inc.
HME
3.04 190.00 128.7
45.98 12
1.60
9.07
6.33
2.56 12.60
0.6
10.3
35.5
5.1 14
4,253
1.4 1.49 0.049
Horace Mann Educators Corp
HMN
1.00
40.49 (19.1) 13.75 12
2.47
1.09
1.31
1.07 14.20 (7.1)
14.1
6.4
12.7 2
1,397
1.5 0.18 4.860
Horizon Bancorp
HBNC
0.56
27.45 (23.5) 11.45 12
2.04
n/a
2.70
1.15 13.00 (12.4)
12.3
12.6
n/a 4
216
1.6 0.17 0.769
Hubbell Inc. B
HUB-B
2.24
40.95
73.6
19.90 12
5.47
2.24
1.85
3.41 16.50
0.4
15.0
11.7
8.9 9
6,314
0.5 0.32 0.686
Humana Inc.
HUM
1.16
15.80
61.8
22.56 12
7.34
2.21
0.51
2.61 11.60 (4.8)
13.2
3.7
10.2 23
24,779
0.2 0.43
n/a
Huntington Bancshares Inc.HBAN
0.28
21.37 (26.9)
8.29 12
1.31
1.16
3.51
1.45 18.30
0.0
10.0
16.2
7.1 23
8,807
0.9 0.85 0.255
IDEX Corp.
IEX
1.28
37.87
97.9
22.19 12
3.38
1.48
2.79
3.97 17.70 12.0
10.4
19.8
15.0 16
5,868
0.8 0.58 0.878
Independent Bancorp MA INDB
1.04
45.02
6.8
18.06 12
2.31
2.26
4.96
1.42
8.50 14.2
18.5
23.1
8.0 6
1,091
1.8 0.15 0.237
Ingersoll-Rand plc
IR
1.16
35.15
60.9
19.95 12
3.30
1.92
1.35
2.92 16.20 57.2
17.9
17.2
10.4 23
17,429
0.5 0.71 1.172
Interface Inc.
TILE
0.16
43.24 249.5
58.73 12
0.37
2.59
1.44
4.68
7.30 (49.3)
17.8
14.3
22.7 9
1,443
2.9 0.86 4.437
International Bancshares Co
IBOC
0.58
25.33 (25.9) 11.34 12
2.29
1.13
4.38
1.09 12.90 21.3
0.0
3.7
10.0 1
1,725
6.5 0.11 2.397
International Paper Co.
IP
1.60 120.30 177.8
40.39 12
1.33
2.80
0.96
4.30
6.80 (65.3)
12.7
(3.2)
14.4 18
22,717
0.7 1.83
n/a
Invesco Limited
IVZ
1.00
43.86
32.1
18.17 12
2.28
1.52
3.45
2.16 11.80 16.9
15.8
24.6
12.0 20
17,772
0.8 0.19 0.775
Iron Mountain Inc.
IRM
1.90 114.46 211.1
20.78 12
1.66
1.66
2.33 10.48 40.40 237.0
6.9
8.3
12.5 11
7,261
1.4 5.45
n/a
j2 Global Inc.
JCOM
1.17
45.35 118.4
26.89 12
2.58
1.79
5.59
3.99 19.10 13.2
12.3
11.8
15.0 5
3,346
1.4 0.72
n/a
Janus Capital Group Inc. JNS
0.36
40.91
35.5
20.34 12
0.88
1.01
3.40
2.03 10.60 30.6
26.6
16.8
20.2 9
3,352 21.4 0.28 3.013
JMP Group Inc.
JMP
0.44
77.89 (15.1) 13.51 12
0.57
0.75
0.79
1.20 10.10 256.3
18.8
3.1
18.0 1
163
6.3 0.71 13.310
Johnson Controls Inc.
JCI
1.04
46.85
76.3
22.69 9
2.22
2.15
0.77
3.08 11.00 35.9
13.1
41.7
10.6 20
33,114
0.1 0.53 0.266
Jones Lang Lasalle
JLL
0.54
6.34
64.4
19.49 12
8.52
1.85
1.37
3.12 16.70
42.5
9.7 139.9
10.5 8
7,449
0.5 0.12 0.137
JPMorgan Chase & Co.
JPM
1.76
32.23 (24.7) 11.59 12
5.46
1.51
4.58
1.10
9.80 21.6
10.8
18.8
7.7 29 234,905
0.2 1.31 1.282
Kennedy-Wilson Holdings InKW
0.48 342.86 341.7 177.00 12
0.14
7.05
6.43
2.48
2.40 163.6
77.1
17.6
25.1 5
2,565
6.9 3.36
n/a
KeyCorp
KEY
0.30
28.85 (14.3) 13.89 12
1.04
1.43
4.80
1.19
8.50 11.8
12.0
19.7
9.7 29
12,296
0.2 0.84 1.117

(and American Depository Receipts)

Challengers

Fundamental Data
Abbreviations:

Numbers in Blue directly from FinViz.com

(Brown=Yahoo Finance)

EPS=Earnings Per Share; P/E=Price/Earnings Per Share; TTM=Trailing Twelve Months; MRQ=Most Recent Quarter,
PEG=P/E divided by 5-yr future growth rate; FCF=Free Cash Flow, ROE=Return On Equity, TY=This Year; NY=Next Year

5-9 Straight Years Higher Dividends

Disclaimer: Although all figures are thought to be correct, no guarantee is expressed or implied.
Company
Ticker
Annual EPS% +/-% vs. TTM
FYE TTM PEG TTM MRQ TTM TY% NY% Past 5yr Est 5-yr N MktCap Inside Debt/ Past 5yr
Name
Symbol Dividend Payout Graham P/E Month EPS Ratio P/Sales P/Book ROE Growth Growth Growth Growth A ($Mil) Own. Equity DEG
Kimco Realty Corp.
KIM
0.96 126.32
70.8
31.71 12
0.76
6.85 10.01
2.07
9.30 38.2
(5.5)
47.9
4.6 20
9,944
2.6 0.97 -0.044
Kinder Morgan Inc.
KMI
1.92 213.33 135.7
47.72 12
0.90 11.36
5.87
2.62
5.10 (22.4)
19.4
20.8
4.2 14
92,540 12.7 1.29
n/a
KLA-Tencor Corp.
KLAC
2.00
93.46 338.7
27.48 6
2.14
2.86
3.43 15.76 12.30
8.1
47.2
25.6
9.6 19
9,564
0.3 5.39 1.013
Kohlberg Kravis Roberts & C
KKR
2.03 169.17
22.8
18.76 12
1.20
1.35 16.72
1.81 11.10 (49.6)
13.3
(22.5)
13.9 14
18,364
0.3 2.01
n/a
Kohl's Corp.
KSS
1.80
42.06
33.4
16.74 1
4.28
2.52
0.76
2.39 16.90
5.2
9.8
6.0
6.7 27
14,531
0.5 0.79
n/a
Kroger Company
KR
0.74
21.26 128.6
19.80 1
3.48
1.85
0.31
5.94 33.30 20.0
10.6
99.5
10.7 22
33,842
0.3 2.15 0.133
L Brands Inc.
LB
2.00
57.14 4010.9
25.53 1
3.50
2.33
2.28 1489.33 -272.60 14.8
12.3
20.6
11.0 34
26,132
0.3 264.72 0.863
Lakeland Bancorp Inc.
LBAI
0.34
40.00 (18.8) 13.35 12
0.85
1.48
3.48
1.11
8.50 15.5
10.7
36.0
9.0 3
430
2.6 0.68 0.069
LaSalle Hotel Properties LHO
1.80
91.37
19.3
18.62 12
1.97
2.62
3.63
1.72
8.70 157.5
17.2
46.8
7.1 19
4,145
0.4 0.57 1.339
Lazard Limited
LAZ
1.40
43.75 159.9
16.57 12
3.20
0.78
2.91
9.17 75.40 164.5
13.3
31.3
21.2 13
6,882
1.6 1.50 0.692
Lear Corp.
LEA
1.00
12.12
33.1
13.46 12
8.25
0.75
0.48
2.96 21.80 64.9
14.5
38.5
18.0 16
8,570
0.3 0.58
n/a
LegacyTexas Financial Grou
LTXB
0.52
53.06
n/a 25.97 12
0.98
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a 7
1,170
n/a
n/a
n/a
LeMaitre Vascular Inc.
LMAT
0.16
72.73 105.6
41.18 12
0.22
2.75
2.23
2.31
6.00 15.0
22.1
18.1
15.0 6
159 25.9 0.00
n/a
Lennox International Inc. LII
1.20
28.64
n/a 25.29 12
4.19
1.43
1.42
n/a 79.10 20.2
19.8
31.5
17.7 13
4,768
2.1
n/a 0.446
Lexington Realty Trust
LXP
0.68 425.00
99.1
57.94 12
0.16 18.51
5.13
1.54
6.20 188.9
24.4
16.1
3.1 9
2,177
1.8 1.50 0.724
Lincoln National Corp.
LNC
0.80
14.16 (38.5) 10.00 12
5.65
1.12
1.07
0.85
9.90 25.0
8.2
40.7
8.9 17
14,464
0.5 0.35 0.533
Lithia Motors Inc.
LAD
0.80
15.56
83.2
19.40 12
5.14
0.78
0.49
3.89 22.70 27.9
10.1
93.4
25.0 11
2,618
2.0 2.70
n/a
Littelfuse Inc.
LFUS
1.00
22.83
73.9
22.37 12
4.38
2.24
2.62
3.04 13.70 10.9
12.3
59.0
10.0 6
2,230
1.2 0.27
n/a
Lorillard Inc.
LO
2.64
80.00
n/a 21.17 12
3.30
2.23
3.56
n/a -67.00
4.1
9.2
11.3
9.5 12
25,173 0.30
n/a 1.235
Macerich Company
MAC
2.60
26.00 (11.2)
8.18 12
10.00
1.01 11.70
2.17 39.40
9.0
27.4
39.8
8.1 20
12,931
0.5 1.12 0.520
Macquarie Infrastructure Comp
MIC
4.08
27.96 (27.1)
5.67 12
14.59
0.81
4.74
2.11 56.10 (26.0) 120.4
54.3
7.0 3
6,406
0.1 0.86
n/a
Magna International Inc. MGA
1.76
20.21 (44.4)
5.79 12
8.71
0.38
0.57
1.20 20.40 28.6
18.4
44.4
15.3 18
20,753
4.9 0.12 1.712
Maiden Holdings Ltd.
MHLD
0.52
51.49 (14.6) 14.39 12
1.01
1.20
0.45
1.14
8.60 (9.6)
11.5
3.6
12.0 6
1,065
0.8 0.39 3.580
Main Street Capital Corp. MAIN
2.10
92.11
(4.3) 13.74 12
2.28
1.96 10.05
1.50 11.10 (12.8)
6.4
14.2
7.0 8
1,415
5.9 0.75 0.413
Malaga Financial Corp.
MLGF
0.80
41.45
n/a 11.40 12
1.93
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a 0
124
n/a
n/a
n/a
ManpowerGroup Inc.
MAN
1.60
30.36
30.0
16.19 12
5.27
1.61
0.33
2.35 14.20
46.4
14.2 115.2
10.1 16
6,681
0.4 0.15 0.050
Marathon Oil Corp.
MRO
0.84
59.15
(1.3) 21.90 12
1.42
n/a
1.85
1.00 15.10
8.4
92.6
7.1
(9.5) 24
20,998
0.2 0.30 0.974
MarketAxess Holdings Inc. MKTX
0.80
36.87 300.9
39.56 12
2.17
1.98 11.47
9.14 24.70
8.8
14.1
36.2
20.0 7
3,166
3.7 0.00 1.538
MarkWest Energy Partners MWE
L
3.64 512.68 217.0
95.01 12
0.71
2.21
5.79
2.38
2.80 200.0
64.5
18.8
43.0 14
12,598
0.8 0.70 0.343
Marriott International Inc. MAR
0.80
31.75
n/a 31.77 12
2.52
1.58
1.61
n/a -40.80 27.0
21.1
35.8
20.1 30
22,219
6.7
n/a 1.578
Marsh & McLennan Compan
MMC
1.12
43.08 102.9
21.60 12
2.60
1.72
2.33
4.29 18.90
7.4
12.0
22.1
12.5 22
30,237
0.2 0.48 0.262
Mattel Inc.
MAT
1.52 115.15
84.0
21.33 12
1.32
5.20
1.59
3.57 15.00 (43.8)
11.7
0.0
4.1 17
9,528
0.1 0.79
n/a
McKesson Corp.
MCK
0.96
12.96 176.4
30.15 3
7.41
1.76
0.30
5.70 19.30
3.4
15.2
14.6
17.2 15
52,016
0.3 1.14 1.018
Mead Johnson Nutrition Co.MJN
1.65
46.22 489.2
26.87 12
3.57
2.76
4.43 29.07 132.40 11.0
10.1
12.2
9.7 18
19,429
0.2 2.27 1.966
Medallion Financial Corp. TAXI
1.00
87.72 (37.5)
9.25 12
1.14
0.62
6.36
0.95 10.40 (1.7)
5.1
80.2
15.0 2
261
2.5 1.27 0.057
Methanex Corp.
MEOH
1.10
23.40
33.7
12.81 12
4.70
0.65
1.72
3.14 25.40 38.7
59.1 175.8
19.7 12
5,538
0.0 0.96 0.051
Mid-America Apartment Commu
MAA
3.08 163.83
85.0
39.69 12
1.88
7.94
5.68
1.94
5.60 176.5
22.0
44.3
5.0 10
5,621
0.7 1.22 0.079
MidWest One Financial Grou
MOFG
0.60
27.27 (13.4) 13.30 12
2.20
2.22
3.80
1.27
9.90
0.9
14.8
39.3
6.0 4
245
4.2 0.08 0.354
Miller Industries Inc.
MLR
0.64
48.85
6.7
17.08 12
1.31
n/a
0.51
1.50
9.00 59.8
0.0
20.8
n/a 0
253
1.2 0.00
n/a
Monarch Financial HoldingsMNRK
0.32
28.32 (24.6) 10.84 12
1.13
n/a
3.00
1.18 11.50 (2.8)
6.2
13.8
n/a 1
132
4.6 0.09
n/a
Montpelier Re Holdings Ltd.MRH
0.80
17.66 (35.6)
8.41 12
4.53
n/a
2.42
1.11 19.40
24.1
(2.8)
(3.5)
n/a 7
1,669
2.4 0.27
n/a
Moody's Corp.
MCO
1.36
29.57
n/a 23.37 12
4.60
1.82
6.52
n/a 442.60 28.1
14.0
22.2
12.9 11
21,724
0.5
n/a 1.030
Morningstar Inc.
MORN
0.76
41.53 206.3
41.47 12
1.83
2.76
4.38
5.09 16.30 (34.6)
12.3
1.1
15.0 2
3,365 56.7 0.07
n/a

(and American Depository Receipts)

Challengers

Fundamental Data
Abbreviations:

Numbers in Blue directly from FinViz.com

(Brown=Yahoo Finance)

EPS=Earnings Per Share; P/E=Price/Earnings Per Share; TTM=Trailing Twelve Months; MRQ=Most Recent Quarter,
PEG=P/E divided by 5-yr future growth rate; FCF=Free Cash Flow, ROE=Return On Equity, TY=This Year; NY=Next Year

5-9 Straight Years Higher Dividends

Disclaimer: Although all figures are thought to be correct, no guarantee is expressed or implied.
Company
Ticker
Annual EPS% +/-% vs. TTM
FYE TTM PEG TTM MRQ TTM TY% NY% Past 5yr Est 5-yr N MktCap Inside Debt/ Past 5yr
Name
Symbol Dividend Payout Graham P/E Month EPS Ratio P/Sales P/Book ROE Growth Growth Growth Growth A ($Mil) Own. Equity DEG
Movado Group Inc.
MOV
0.44
21.78
(1.0) 14.50 1
2.02
0.97
1.20
1.52 10.90
2.5
13.0
26.6
15.0 5
706
4.2 0.00 1.881
Myers Industries Inc.
MYE
0.54 192.86 199.7
57.75 12
0.28 19.25
0.80
3.50 -4.30 (65.4)
29.9
6.2
3.0 4
500
0.5 1.61 2.398
National American University
NAUH
0.18
58.06 (16.8) 10.32 5
0.31
0.69
0.67
1.51 14.80 (33.3)
13.6
(18.1)
15.0 2
81 1.2 0.23
n/a
National Oilwell Varco Inc. NOV
1.84
32.34 (30.7)
9.56 12
5.69
n/a
1.00
1.13 11.60 12.0
(14.3)
10.1
(7.0) 34
21,458
0.1 0.15 7.739
Neenah Paper Inc.
NP
1.20
29.70
52.6
14.97 12
4.04
1.33
1.12
3.50 27.90 33.6
8.7 104.2
11.3 4
1,012
1.5 0.81 0.198
Newell Rubbermaid Inc. NWL
0.76
56.30 165.6
28.24 12
1.35
3.04
1.79
5.62 21.40 (6.3)
10.5
6.7
9.3 16
10,256
0.4 1.34
3.127
NGL Energy Partners LP NGL
2.50
n/a
n/a
n/a
3
-0.75
n/a
0.17
1.55 -3.90 (48.4) 239.2
2.2
18.0 7
3,066
0.8 1.65
n/a
Nordstrom Inc.
JWN
1.48
39.78 130.4
20.31 1
3.72
2.49
1.07
5.88 32.50
0.3
10.7
13.1
8.2 30
14,387
8.1 1.28 1.189
Northrim BanCorp Inc.
NRIM
0.72
28.46 (32.5)
9.85 12
2.53
n/a
3.11
1.04 11.20 36.6
1.4
16.2
n/a 1
171
2.9 0.11 0.731
Northwest Bancshares Inc. NWBI
0.56
81.16
(8.3) 17.84 12
0.69
3.57
3.83
1.06
5.90 (8.2)
11.1
17.4
5.0 5
1,164
0.3 0.98 0.337
OGE Energy Corp.
OGE
1.00
50.51
21.4
16.51 12
1.98
4.13
2.66
2.01 12.50
2.1
10.9
8.3
4.0 9
6,519
0.5 0.88 0.655
Omnicare Inc.
OCR
0.88
50.87 173.5
50.86 12
1.73
3.87
1.33
3.31
5.50 123.1
10.7
(2.7)
13.2 9
8,524
0.4 0.82
n/a
Omnicom Group Inc.
OMC
2.00
45.15 124.3
17.10 12
4.43
3.29
1.21
6.62 40.00 16.4
8.5
11.3
5.2 16
18,509
0.3 1.60 2.175
Oracle Corp.
ORCL
0.60
25.10
79.7
18.25 5
2.39
2.26
4.90
3.98 22.80
5.3
4.9
16.9
8.1 41 190,492 25.1 0.65 1.550
Orange County Bancorp Inc.
OCBI
1.64
n/a
n/a
n/a 12
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a 0
n/a
n/a
n/a
n/a
Oritani Financial Corp.
ORIT
0.70
72.92
(7.5) 15.52 6
0.96
1.29
5.01
1.24
8.00
2.2
5.0
56.5
12.0 3
656
2.0 0.00 0.566
Oxford Industries Inc.
OXM
1.00
35.97 138.8
28.58 1
2.78
2.86
1.31
4.49 16.20
1.1
10.5
98.6
10.0 4
1,309
3.2 0.37 0.127
Packaging Corp of AmericaPKG
2.20
55.28
86.3
17.38 12
3.98
1.93
1.16
4.49 32.00 (12.1)
14.3
8.9
9.0 16
6,799
0.8 1.56 1.838
Patterson Companies Inc. PDCO
0.88
40.93
76.0
21.84 4
2.15
2.20
1.12
3.19 14.60 (3.0)
8.6
3.1
9.9 17
4,842
0.3 0.50
n/a
PCTEL Inc.
PCTI
0.20
80.00
32.0
31.60 12
0.25
3.16
1.38
1.24
4.10 38.9
10.5
24.3
10.0 2
148
3.5 0.00
n/a
PennyMac Mortgage Investme
PMT
2.44 104.72 (37.1)
8.99 12
2.33
1.80
3.53
0.99 14.60 (18.2)
3.9
87.7
5.0 1
1,562
2.2 0.26
n/a
Penske Automotive Group In
PAG
0.88
26.04
30.7
14.44 12
3.38
1.15
0.26
2.66 17.70 22.9
9.6
31.2
12.6 12
4,409
1.7 2.47
n/a
PetMed Express Inc.
PETS
0.68
80.00
88.9
18.62 3
0.85
7.45
1.41
4.31 23.60
4.7
3.9
(1.7)
2.5 7
321
3.2 0.00
n/a
Pfizer Inc.
PFE
1.12
78.87
78.5
23.89 12
1.42
6.87
4.31
3.00 15.10 (14.5)
8.7
3.1
3.5 22 213,589
0.1 0.51 1.738
Philip Morris International PM
4.00
84.03
n/a 17.54 12
4.76
2.76
4.39
n/a -81.10 (9.5)
6.6
8.0
6.4 18 129,303
0.3
n/a 1.502
Pioneer Bankshares Inc. PNBI
0.72
30.51
n/a
9.35 12
2.36
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a 0
23 n/a
n/a
n/a
PNC Financial Services Grou
PNC
2.04
28.06 (22.9) 12.62 12
7.27
1.92
5.11
1.06
8.70 (0.8)
8.0
11.4
6.6 28
47,763
0.2 0.64 1.947
PolyOne Corp.
POL
0.40
48.78 209.6
47.62 12
0.82
2.25
0.91
4.53
9.00 (14.4)
18.6
(6.1)
21.2 10
3,484
1.2 1.32
n/a
Portland General Electric Co
POR
1.12
51.61
1.8
16.20 12
2.17
3.64
1.45
1.44
9.30 59.6
4.6
10.8
4.5 12
2,754
0.4 1.31 0.195
Preferred Apartment Commu
APTS
0.72
n/a
n/a
n/a 12
-0.27
n/a
4.31
0.78 -2.40
80.5
9.5
n/a
n/a 5
243
1.3 1.34
n/a
Primerica Inc.
PRI
0.64
19.63
11.7
14.18 12
3.26
1.42
1.78
1.98 17.60 18.1
13.0
(12.7)
10.0 7
2,388
1.0 0.48
n/a
Principal Financial Group Inc.
PFG
1.52
40.86
(4.3) 13.74 12
3.72
1.25
1.43
1.50 10.90 26.1
8.7
13.6
11.0 22
15,064
0.5 0.25 1.576
ProAssurance Corp.
PRA
1.24
37.46 (14.9) 13.58 12
3.31
2.72
2.97
1.20
8.60 (31.3)
(4.4)
(0.3)
5.0 7
2,509
1.4 0.12
n/a
Provident Financial Holdings
PROV
0.48
55.81
(5.2) 19.24 6
0.86
n/a
3.96
1.05
5.60 (72.7)
6.1
20.5
(13.0) 1
149
1.8 0.00 1.918
Provident Financial Services
PFS
0.64
52.89 (19.5) 14.88 12
1.21
2.98
4.21
0.98
6.70 (0.8)
7.8
20.7
5.0 7
1,177
1.2 0.00 0.309
Prudential Financial Inc. PRU
2.32
82.86
7.4
29.14 12
2.80
3.15
0.68
0.89
3.40 297.3
6.1
(15.9)
9.3 24
37,061
0.2 0.71
n/a
Public Storage
PSA
6.80 129.52 216.1
35.79 12
5.25
5.51 14.79
6.28 17.60
7.4
8.3
1.1
6.5 18
32,463
0.3 0.01 18.678
QNB Corp.
QNBC
1.16
42.65
n/a 10.79 12
2.72
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a 0
98 n/a
n/a
n/a
Quaint Oak Bancorp Inc. QNTO
0.28
20.44
n/a 14.82 12
1.37
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a 0
18 n/a
n/a
n/a
Quaker Chemical Corp.
KWR
1.20
28.17
63.0
19.54 12
4.26
1.95
1.45
3.06 15.70 (0.2)
8.2
23.7
10.0 4
1,108
2.0 0.21 0.154
Ralph Lauren Corp.
RL
2.00
24.57
44.8
16.39 3
8.14
2.42
1.53
2.88 18.20
5.4
(7.6)
16.0
6.8 18
11,648
1.0 0.17 3.449
Reinsurance Group of Ameri
RGA
1.32
13.62 (38.8)
9.46 12
9.69
0.41
0.57
0.89 10.10 69.2
9.5
12.0
22.8 12
6,171
0.4 0.44 2.373
Reliance Steel & AluminumRS
C
1.60
32.59 (14.1) 13.18 12
4.91
1.39
0.46
1.26
9.50 14.3
19.5
18.7
9.5 13
4,838
2.8 0.60 1.523

(and American Depository Receipts)

Challengers

Fundamental Data
Abbreviations:

Numbers in Blue directly from FinViz.com

(Brown=Yahoo Finance)

EPS=Earnings Per Share; P/E=Price/Earnings Per Share; TTM=Trailing Twelve Months; MRQ=Most Recent Quarter,
PEG=P/E divided by 5-yr future growth rate; FCF=Free Cash Flow, ROE=Return On Equity, TY=This Year; NY=Next Year

5-9 Straight Years Higher Dividends

Disclaimer: Although all figures are thought to be correct, no guarantee is expressed or implied.
Company
Ticker
Annual EPS% +/-% vs. TTM
FYE TTM PEG TTM MRQ TTM TY% NY% Past 5yr Est 5-yr N MktCap Inside Debt/ Past 5yr
Name
Symbol Dividend Payout Graham P/E Month EPS Ratio P/Sales P/Book ROE Growth Growth Growth Growth A ($Mil) Own. Equity DEG
Rent-A-Center Inc.
RCII
0.96
52.75
(9.6) 16.26 12
1.82
3.25
0.50
1.13
7.00 (22.3)
20.8
(6.4)
5.0 9
1,570
2.7 0.75
n/a
Resources Connection Inc.RECN
0.32
46.38
33.3
22.84 5
0.69
2.86
0.99
1.75
7.70
2.0
12.0
5.5
8.0 4
592
0.5 0.00
n/a
Retail Opportunity Investmen
ROIC
0.68 309.09 138.6
76.27 12
0.22 12.71 10.10
1.68
2.70 (53.1)
23.7
26.3
6.0 2
1,574
2.0 0.80
n/a
RLJ Lodging Trust
RLJ
1.32 129.41
46.1
29.09 12
1.02
n/a
3.54
1.65
6.30 19.3
19.7
23.4
n/a 4
3,921
2.3 0.66
n/a
Rock-Tenn Company
RKT
1.28
37.49
28.3
18.42 9
3.42
1.60
0.88
2.01 13.70 (34.0)
15.3
2.9
11.5 17
8,812
1.0 0.64 8.941
Rockwell Automation Inc. ROK
2.60
42.83 133.2
19.54 9
6.07
2.18
2.43
6.26 31.50 10.3
7.5
31.0
9.0 22
16,063
0.7 0.55
0.502
Royal Bank of Canada
RY
2.58
49.96
16.0
12.88 10
5.16
1.29
5.24
2.35 18.80
9.6
5.0
9.3
10.0 5
95,903
0.0 0.15 0.894
Safety Insurance Group Inc.SAFT
2.80
71.61
(9.8) 14.87 12
3.91
0.99
1.13
1.23
8.40 (1.8)
38.2
2.4
15.0 1
877
3.7 0.00 4.249
Sandy Spring Bancorp Inc. SASR
0.88
57.52
(2.7) 17.03 12
1.53
2.13
4.29
1.25
7.40 (14.1)
4.6
26.7
8.0 7
644
2.3 0.07 0.580
Schlumberger Limited
SLB
2.00
51.95
86.7
24.57 12
3.85
2.22
2.52
3.19 12.10 (15.5)
10.9
10.6
11.1 39 120,129
0.1 0.35 1.178
Scotts Miracle-Gro Company
SMG
1.80
73.17 219.9
26.22 9
2.46
2.49
1.37
8.78 25.90
3.5
10.2
5.6
10.6 12
3,925 26.4 2.62 5.150
Scripps Networks Interactive
SNI
0.92
24.02 136.9
18.24 12
3.83
1.67
3.36
6.92 31.70 12.6
11.4
18.2
10.9 23
8,968 12.7 1.72 1.191
Seaspan Corp.
SSW
1.50 192.31
11.5
25.41 12
0.78
1.38
2.70
1.10
4.30 (73.0)
32.7
(14.7)
18.5 9
1,937 44.5 1.94
n/a
Sensient Technologies CorpSXT
1.00
43.86 103.8
28.67 12
2.28
3.26
2.17
3.26
9.80 (27.1)
18.5
(1.3)
8.8 4
3,097
1.1 0.51
n/a
Service Corp International SCI
0.40
50.00 153.8
34.60 12
0.80
3.46
1.89
4.19 12.40 17.9
10.0
10.0
10.0 4
5,664
2.7 2.23 1.627
Signet Jewelers Limited
SIG
0.88
18.53 118.7
28.24 1
4.75
1.60
1.88
3.81 14.10
4.2
18.7
21.0
17.7 14
10,764
0.2 0.52
n/a
Simon Property Group Inc. SPG
6.00 135.44 351.0
40.97 12
4.43
4.69 11.60 11.17 26.70 21.4
16.3
33.4
8.7 23
56,492
0.4 4.13 0.654
Six Flags Entertainment Corp
SIX
2.08 330.16 982.9
74.63 12
0.63
9.33
3.76 35.35 26.70 (34.7)
15.4
27.9
8.0 7
4,462
5.3 11.83
n/a
Smith & Nephew plc
SNN
0.56
50.45 125.3
30.53 12
1.11
4.49
3.28
3.74 12.20 (9.8)
9.9
1.1
6.8 5
15,136
0.0 0.42 14.156
Snap-on Inc.
SNA
2.12
29.69
91.3
20.95 12
7.14
2.09
2.65
3.93 18.90 20.4
12.1
25.2
10.0 5
8,687
0.8 0.42 0.359
Solera Holdings Inc.
SLH
0.78 120.00 376.7
74.65
6
0.65
6.88
2.98
6.85
7.40 (109.6)
10.2
(16.6)
10.9 9
3,261
0.9 4.74
n/a
Sotherly Hotels Inc.
SOHO
0.30
n/a
n/a
n/a 12
-0.05
n/a
0.71
3.73
9.60 82.4
45.5
26.5
2.5 3
87 7.4 11.03 2.237
Southwest Gas Corp.
SWX
1.62
53.64
18.0
18.21 12
3.02
4.55
1.21
1.72
9.60 (3.2)
6.7
9.2
4.0 8
2,565
1.4 1.12 0.949
SpartanNash Company
SPTN
0.54
34.39
12.8
19.22 12
1.57
1.92
0.14
1.49
9.50
5.9
7.8
6.4
10.0 6
1,142
3.1 0.76 2.990
Spectra Energy Partners LPSEP
2.36
83.22
12.2
19.14 12
2.83
n/a
7.18
1.48
7.90 (60.3)
1.5
10.8
n/a 13
16,302 83.3 0.57 0.764
St. Jude Medical Inc.
STJ
1.16
33.53 107.4
20.25 12
3.46
2.06
3.49
4.78 24.50 39.0
9.0
8.9
9.9 25
19,622
2.4 0.92
n/a
STAG Industrial Inc.
STAG
1.35
n/a
n/a
n/a 12
-0.25
n/a
8.08
1.88 -4.10 (33.3)
9.2
(1.5)
6.1 14
1,404
0.3 0.95
n/a
Stage Stores Inc.
SSI
0.56
47.86
(3.1) 16.50 1
1.17
1.03
0.37
1.28
5.80 53.2
12.5
9.5
16.0 9
611
2.5 0.10 2.265
Standard Motor Products Inc.
SMP
0.60
26.32
30.5
16.58 12
2.28
2.05
0.91
2.31 11.80
0.0
9.4
50.0
8.1 5
891
3.9 0.15
n/a
Starbucks Corp.
SBUX
0.64
37.65 308.6
29.16 9
1.70
1.58
4.20 12.88 57.90 17.2
17.9
39.2
18.5 27
74,350
2.3 0.35
n/a
Starwood Hotels & Resorts HOT
W
1.50
42.98 229.5
24.63 12
3.49
3.14
2.46
9.92 25.00 18.1
14.7 222.3
7.8 33
14,710
0.5 1.93 0.214
Starwood Property Trust Inc.
STWD
1.92
87.27 (17.9) 10.91 12
2.20
1.46
8.07
1.39 16.50 15.5
4.3 108.4
7.5 3
5,674
1.2 1.21 1.802
State Street Corp.
STT
1.36
29.76
11.2
16.88 12
4.57
1.83 11.95
1.65
9.90 (1.1)
13.5
5.7
9.2 19
31,746
1.0 0.51 5.774
Steelcase Inc.
SCS
0.45
66.18
92.3
25.84 2
0.68
1.44
0.70
3.22 15.60
0.0
30.3
54.5
18.0 4
2,147
2.9 0.43 0.212
Stock Yards Bancorp Inc. SYBT
0.92
37.86
11.7
14.32 12
2.43
1.43
5.70
1.96 14.50 24.9
4.5
14.7
10.0 5
515
3.3 0.00 0.360
Suncor Energy Inc.
SU
0.92
61.06
17.1
21.59 12
1.51
3.08
1.42
1.43
6.40 (29.5) 160.7
17.9
7.0 13
47,172
0.0 0.32 1.555
SunTrust Banks Inc.
STI
0.96
29.27 (25.8) 12.65 12
3.28
2.16
4.07
0.98
8.00 34.0
8.6
23.0
5.9 30
21,664
0.2 0.59 1.133
Symetra Financial Corp. SYA
0.44
23.78 (33.3) 12.84 12
1.85
2.62
1.25
0.78
6.20 25.9
9.6
15.0
4.9 10
2,758
0.7 0.20
n/a
TAL International Group Inc.TAL
2.88
78.26
(5.7) 10.47 12
3.68
1.05
1.97
1.91 18.00 (13.4)
4.4
9.9
10.0 13
1,281
1.9 4.56 13.658
Targa Resources Corp.
TRGP
3.32 136.63 606.2
43.20 12
2.43
1.30
0.68 25.98 78.00 56.8
25.3
51.2
33.3 10
5,879
1.7 16.99
n/a
Targa Resources Partners LNGLS
3.28 118.84
26.3
16.46 12
2.76
0.36
0.64
2.18 18.20 132.8
48.5
26.4
45.5 12
5,512
0.2 1.22 0.315
TD Ameritrade Holding Corp
AMTD
0.60
41.10 111.4
24.83 9
1.46
1.37
6.19
4.05 16.80 16.4
23.9
5.2
18.1 21
19,703
1.4 0.38
n/a
TE Connectivity Ltd.
TEL
1.32
28.82
38.3
14.53 9
4.58
0.97
1.93
2.96 21.40 42.1
13.1
21.4
15.0 12
27,059
0.2 0.46 0.553

(and American Depository Receipts)

Challengers

Fundamental Data
Abbreviations:

Numbers in Blue directly from FinViz.com

(Brown=Yahoo Finance)

EPS=Earnings Per Share; P/E=Price/Earnings Per Share; TTM=Trailing Twelve Months; MRQ=Most Recent Quarter,
PEG=P/E divided by 5-yr future growth rate; FCF=Free Cash Flow, ROE=Return On Equity, TY=This Year; NY=Next Year

5-9 Straight Years Higher Dividends

Disclaimer: Although all figures are thought to be correct, no guarantee is expressed or implied.
Company
Ticker
Annual EPS% +/-% vs. TTM
FYE TTM PEG TTM MRQ TTM TY% NY% Past 5yr Est 5-yr N MktCap Inside Debt/ Past 5yr
Name
Symbol Dividend Payout Graham P/E Month EPS Ratio P/Sales P/Book ROE Growth Growth Growth Growth A ($Mil) Own. Equity DEG
Techne Corp.
TECH
1.28
41.16 144.0
30.86 6
3.11
2.47
8.72
4.34 14.50 (1.6)
8.3
1.5
12.5 5
3,563
0.1 0.19 2.904
Teekay Offshore Partners LP
TOO
2.15
n/a
n/a
n/a 12
-0.22
n/a
2.13
2.82 -2.70 (123.7)
5.8
(16.2)
6.0 7
2,167
4.9 3.32
n/a
Telenor ASA
TELNY
3.51 152.75
n/a 29.40 12
2.30
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a 0
n/a
n/a
n/a
n/a
TELUS Corp.
TU
1.36
72.17
70.7
18.32 12
1.89
2.46
2.13
3.58 17.90 14.4
7.3
9.5
7.5 10
20,996
4.6 1.26 1.164
Terreno Realty Corp.
TRNO
0.64 290.91 115.5
96.73 12
0.22
9.67 13.24
1.08
1.50 560.0
37.0
0.0
10.0 7
912
0.5 0.43
n/a
Territorial Bancorp
TBNK
0.64
42.38 (18.0) 15.30 12
1.51
3.82
3.78
0.99
6.60
1.3
4.9
14.4
4.0 3
225 22.9 0.00
n/a
Tesoro Logistics LP
TLLP
2.78 257.41 119.5
51.88 12
1.08
2.47
7.64
2.09 17.30 (52.1)
11.8
22.2
21.0 11
4,583
0.2 1.78
n/a
TESSCO Technologies Inc.TESS
0.80
57.14
20.2
18.05 3
1.40
1.20
0.37
1.80 10.20 (9.8)
63.0
18.8
15.0 3
207 18.0 0.02 2.292
Texas Roadhouse Inc.
TXRH
0.68
55.28 115.9
27.32 12
1.23
2.08
1.49
3.84 14.70
8.8
18.1
12.9
13.1 20
2,351
9.7 0.08
n/a
Textainer Group Holdings LtTGH
1.88
56.63 (23.6)
9.13 12
3.32
0.76
3.07
1.44 16.30
3.4
4.2
12.0
12.0 12
1,726
4.9 2.51 1.280
Thor Industries Inc.
THO
1.08
30.17
53.4
16.81 7
3.58
0.84
0.83
3.15 19.30 15.0
15.1
60.4
20.0 8
3,212
2.7 0.00 0.463
Time Warner Cable Inc.
TWC
3.00
42.25 130.3
21.90 12
7.10
1.89
1.92
5.45 32.70
6.8
10.0
18.4
11.6 29
43,686
0.1 2.96
n/a
Time Warner Inc.
TWX
1.40
31.53
56.0
19.01 12
4.44
1.10
2.56
2.88 19.30 24.3
24.5
20.2
17.3 34
70,104
0.1 0.92 0.573
Toro Company
TTC
1.00
31.95 194.0
21.42 10
3.13
1.43
1.70
9.08 44.20 15.3
13.0
28.3
15.0 5
3,732
1.8 1.04 0.766
Tractor Supply Company TSCO
0.64
23.36 253.1
31.41 12
2.74
2.03
2.00
8.93 29.80 14.7
15.8
26.5
15.5 28
11,745
0.2 0.05
n/a
Triangle Capital Corp.
TCAP
2.36 226.92
23.7
23.11 12
1.04
4.62
7.63
1.49
5.80 (67.7)
7.0
15.1
5.0 11
798
3.3 0.82 0.456
Tupperware Brands Corp. TUP
2.72
72.15 300.8
17.73 12
3.77
1.48
1.32 20.38 85.90 (18.6)
10.6
8.8
12.0 10
3,331
1.1 5.32
2.814
Tyco International Ltd.
TYC
0.82
52.23 108.8
25.08 12
1.57
2.01
1.61
3.91 33.90
81.9
12.0
19.5
12.5 16
16,541
0.5 0.35 0.614
U.S. Bancorp
USB
1.02
32.69
8.6
13.74 12
3.12
2.29
6.23
1.93 14.50
2.7
8.8
26.0
6.0 30
76,424
0.1 0.89 0.406
UDR Inc.
UDR
1.11 188.14 176.6
55.54 12
0.59
9.58 10.38
3.10
5.60
5.1
15.8
23.5
5.8 20
8,487
1.3 1.33 0.043
Union Bankshares Corp. UBSH
0.68
51.52 (14.8) 16.48 12
1.32
2.06
3.58
0.99
6.20 (17.4)
10.7 109.1
8.0 6
982
1.5 0.30 0.129
Union Pacific
UNP
2.20
37.48
89.0
18.10 12
5.87
1.32
3.88
4.44 24.60 22.1
13.1
25.2
13.7 30
93,014
0.2 0.58 1.083
United Parcel Service Inc. UPS
2.92
89.02 663.4
30.65 12
3.28
3.19
1.56 42.78 61.90 (28.9)
11.9
10.8
9.6 29
90,705
0.0 5.04
0.767
UnitedHealth Group Inc. UNH
1.50
25.00
67.3
18.57 12
6.00
2.01
0.79
3.39 18.30
3.6
13.1
12.0
9.3 24 106,010
0.8 0.58 9.652
Unum Group
UNM
0.66
41.77
(1.5) 21.62 12
1.58
2.49
0.81
1.01
4.60 (50.2)
8.0
(8.8)
8.7 16
8,522
0.4 0.33
n/a
US Physical Therapy Inc. USPH
0.60
35.09 120.0
27.58 12
1.71
1.38
1.92
3.95 15.00 16.3
10.4
11.3
20.0 6
585
2.1 0.24
n/a
Vail Resorts Inc.
MTN
2.49
96.14 168.7
38.31 7
2.59
0.88
2.70
4.24 11.30 (25.2)
5.1
(10.4)
43.6 9
3,606
0.1 0.75
n/a
Valero Energy Corp.
VLO
1.60
22.92 (28.3)
8.15 12
6.98
1.76
0.22
1.42 17.80 40.8
(8.3)
73.4
4.6 19
29,248
0.4 0.31 0.189
Ventas Inc.
VTR
3.16 212.08 102.2
46.24 12
1.49
5.38
7.08
1.99
5.00 (7.2) (16.3)
4.3
8.6 15
22,799
0.5 1.03 1.781
Viacom Inc. B
VIAB
1.32
24.22 119.5
12.74 9
5.45
1.19
2.02
8.51 59.90 11.7
11.3
14.5
10.7 27
28,193
0.6 4.11
n/a
Visa Inc.
V
0.48
21.43 177.1
29.49 9
2.24
1.63 12.54
5.86 25.40 13.2
15.5
25.2
18.1 34 162,192
0.1 0.00 1.219
Waddell & Reed Financial In
WDR
1.72
46.36
76.1
13.29 12
3.71
1.38
2.58
5.25 40.70 25.3
7.1
24.7
9.6 15
4,122
1.6 0.24 0.500
Walt Disney Company
DIS
1.15
25.56 111.9
24.16 9
4.50
1.68
3.70
4.18 17.50 26.0
13.3
19.3
14.4 28 184,776
0.1 0.37 1.021
Washington Federal Inc. WAFD
0.52
33.12 (19.1) 13.76 9
1.57
1.38
3.83
1.07 11.80
6.9
1.9
27.5
10.0 8
2,054
1.3 0.00 0.582
Washington Trust Bancorp WASH
In
1.36
54.18
7.1
14.75 12
2.51
2.95
5.04
1.75 12.20 11.6
6.7
19.2
5.0 3
621
1.2 0.06 0.357
Waste Connections Inc.
WCN
0.52
27.96
73.3
25.49 12
1.86
3.15
2.83
2.65 10.80 17.7
10.3
15.4
8.1 11
5,892
0.9 0.93
n/a
WD-40 Company
WDFC
1.52
51.35 199.5
27.35 8
2.96
2.10
3.05
7.38 26.20 13.0
9.1
12.7
13.0 4
1,180
3.3 0.64 0.499
Webster Financial Corp. WBS
0.92
44.44
6.7
17.31 12
2.07
1.98
4.49
1.48
8.70 11.8
11.6
28.1
8.7 16
3,250
0.7 0.10 2.837
Weingarten Realty InvestorsWRI
1.36
72.73
44.7
17.52 12
1.87
4.03
7.83
2.69 19.10 334.9
9.8
23.9
4.4 11
4,029
3.6 1.31 0.016
Wells Fargo & Co.
WFC
1.50
36.67
0.9
13.47 12
4.09
1.38
5.92
1.70 13.20
5.4
8.4
18.6
9.7 30 283,522
0.1 1.10 1.208
Wendy's Company
WEN
0.22
68.75
73.8
31.63 12
0.32
3.22
1.79
2.15
7.00 190.9
12.4 100.0
9.8 17
3,693
6.7 0.84 0.279
WesBanco Inc.
WSBC
0.92
38.49 (17.2) 13.18 12
2.39
2.64
5.61
1.17
9.00
9.6
10.9
27.8
5.0 6
1,213
1.8 0.13 -0.093
West Bancorp Inc.
WTBA
0.64
49.61
17.4
14.70 12
1.29
n/a
5.38
2.11 15.00 22.5
9.0
37.8
n/a 1
304
1.8 0.23 1.067

(and American Depository Receipts)

Challengers

Fundamental Data
Abbreviations:

Numbers in Blue directly from FinViz.com

(Brown=Yahoo Finance)

EPS=Earnings Per Share; P/E=Price/Earnings Per Share; TTM=Trailing Twelve Months; MRQ=Most Recent Quarter,
PEG=P/E divided by 5-yr future growth rate; FCF=Free Cash Flow, ROE=Return On Equity, TY=This Year; NY=Next Year

602

707

Averages for

Averages for

5-9 Straight Years Higher Dividends

1.48

1.46
49.17

48.81
139.7

135.3
20.44

20.20
3.01

2.99
3.07

3.13
3.01

3.09
6.33 17.98

6.17 17.35
17.1

18.6
21.5

23.4

15.7

16.9

8.9

9.1

12

12

20,253

18,194

3.0 1.37

3.2 1.40

0.824

0.846

Disclaimer: Although all figures are thought to be correct, no guarantee is expressed or implied.
Company
Ticker
Annual EPS% +/-% vs. TTM
FYE TTM PEG TTM MRQ TTM TY% NY% Past 5yr Est 5-yr N MktCap Inside Debt/ Past 5yr
Name
Symbol Dividend Payout Graham P/E Month EPS Ratio P/Sales P/Book ROE Growth Growth Growth Growth A ($Mil) Own. Equity DEG
Western Gas Partners LP WES
2.90 136.15
89.5
34.22 12
2.13
1.01
7.31
2.36
9.00 15.8
29.4
11.3
34.0 3
9,307
0.5 0.63 1.389
Whirlpool Corp.
WHR
3.60
44.12
63.9
21.52 12
8.16
1.02
0.69
2.81 12.70 (20.2)
19.5
13.5
21.2 9
13,781
0.2 0.89 0.802
Whole Foods Market Inc. WFM
0.52
32.50 141.1
29.85 9
1.60
2.25
1.18
4.38 15.10
6.1
11.8
30.0
13.3 33
17,230
0.3 0.02
n/a
Wi-Lan Inc.
WILN
0.16 202.58
28.3
30.63 12
0.08
0.36
3.02
1.21
n/a
n/a
n/a
n/a
n/a 3
295
n/a
n/a
n/a
Williams Partners LP new WPZ
3.40 274.19 114.6
39.84 12
1.24
9.96 21.02
2.60
6.50 (26.2)
34.7
22.5
4.0 12
28,982 16.1 1.11
n/a
Winmark Corp.
WINA
0.28
6.71 294.1
21.59 12
4.17
n/a
6.65 16.19 108.10 10.6
0.0
28.5
n/a 0
450 51.5 0.20
n/a
WPP plc
WPPGY
2.91
51.09
61.7
20.43 12
5.70
1.89
1.78
2.88 25.10 10.8
13.2
13.1
10.8 1
30,237
0.0 0.57 1.402
Wyndham Worldwide Corp.WYN
1.68
39.81 173.2
20.24 12
4.22
1.56
1.94
8.30 60.80 30.3
11.2
21.0
12.9 12
10,271
1.8 4.03 2.586
Xylem Inc.
XYL
0.56
30.61
68.4
20.12 12
1.84
2.20
1.72
3.17 15.30 48.8
12.5
5.2
9.1 17
6,726
0.3 0.61
n/a
Averages:
353
1.33
49.16 169.4
19.96
2.70
3.45
3.38
8.18 15.01 19.7
19.4
22.3
10.9 12
18,531
3.6 1.80 0.866

(and American Depository Receipts)

Company
Ticker
Name
Symbol
A. Schulman Inc.
SHLM
Access National Corp.
ANCX
Activision Blizzard Inc.
ATVI
Admiral Group plc
AMIGY
Aetna Inc.
AET
Alexandria Real Estate Equit
ARE
Allete Inc.
ALE
Allied World Assurance Co.AWH
H
Allstate Corp.
ALL
Altera Corp.
ALTR
American Electric Power Co.
AEP
American Financial Group In
AFG
American Water Works
AWK
Ames National Corp.
ATLO
Ametek Inc.
AME
Amgen Inc.
AMGN
Anheuser-Busch InBev SA/N
BUD
Anthem Inc.
ANTM
Apartment Investment & Man
AIV
Applied Industrial Technolog
AIT
Applied Materials Inc.
AMAT
ARM Holdings plc
ARMH
Armanino Foods of Distinctio
AMNF
Arthur J. Gallagher & Co. AJG
Ashford Hospitality Trust AHT
Ashland Inc.
ASH
Assa Abloy AB
ASAZY
Autoliv Inc.
ALV
Avago Technologies Ltd. AVGO
Avery Dennison Corp.
AVY
AVX Corp.
AVX
BAE Systems plc
BAESY
Balchem Inc.
BCPC
Banco Latinoamericano DeBLX
C
Bank of Nova Scotia
BNS
Barclays plc
BCS
Barrett Business Services InBBSI
Baxter International Inc.
BAX
BB&T Corp.
BBT
BioMed Realty Trust Inc. BMR
BlackRock Inc.
BLK
Bob Evans Farms
BOBE
Bristol-Myers Squibb Co. BMY

5-9 Straight Years Higher Dividends

5/10 DGR DGR DGR DGR


A/D*
1-yr 3-yr 5-yr 10-yr
1.486
2.5
8.2
6.1 4.1
n/a 22.0 56.7 65.7
n/a
n/a
5.3
6.6
n/a
n/a
n/a 12.0 11.2 29.4
n/a
1.520 12.5 14.5 86.4 56.8
2.854 13.3 15.7
4.2 1.5
0.397
3.2
3.3
2.2 5.5
n/a 34.7 30.9 27.8
n/a
n/a 12.0 10.1
7.0 0.0
n/a 32.0 33.1 27.0
n/a
1.152
4.1
3.1
4.4 3.8
1.121 13.0 11.2 11.8 10.6
n/a 11.0 10.4
8.1
n/a
3.810 11.1 11.9
3.8 1.0
1.484 25.0 23.3 23.0 15.5
n/a 29.8 63.3
n/a
n/a
n/a
7.0 40.0
n/a
n/a
n/a 16.7 20.5
n/a
n/a
n/a
8.3 29.4
2.8 (8.0)
0.679
8.7 10.6 10.8 15.8
n/a
2.6
8.9 10.8
n/a
1.184 31.9 26.8 26.5 22.4
1.347 26.9 16.3 17.1 12.7
0.642
2.9
2.9
2.4 3.7
n/a 52.2 33.6
n/a 9.1
8.451
9.2 26.3 35.3 4.2
n/a
9.2 10.4
n/a
n/a
5.516
6.0
7.0 58.8 10.7
n/a 39.8 45.4
n/a
n/a
n/a 17.5 10.2
1.9 (1.1)
1.945 11.4 17.6 19.5 10.0
0.860
7.2
4.6
6.0 7.0
0.951 36.4 26.0 32.5 34.2
1.464 16.7 20.5 15.9 10.8
0.904
0.9
4.4
7.1 7.9
n/a
6.1
6.4 45.1 (12.4)
n/a 33.3 26.0 18.9
n/a
1.072
7.4 17.7 14.2 13.2
n/a
3.3 14.1 -5.2 (3.4)
0.113
6.4
9.1
2.4 20.9
0.876 14.9 12.0 19.9 22.7
1.350
6.0 11.3 13.4 10.0
1.215
3.6
3.2
3.2 2.6

(DGR=Dividend Growth Rate)

2014 2013 # 2012 2011 # 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
0.805 0.785 # 0.745 0.635
0.605 0.600 0.595 0.580 0.580 0.580 0.540 0.540 0.540 0.540
0.500 0.410
0.250 0.130
0.040 0.040 0.040 0.040 0.020 0.000 0.000 0.000 0.000 0.000
0.200 0.190
0.180 0.165
0.150 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.642 1.466
1.282 1.194
0.658 0.454 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.900 0.800
0.700 0.600
0.040 0.040 0.040 0.040 0.040 0.020 0.010 0.010 0.010 0.010
2.820 2.490
2.020 1.820
1.400 2.300 3.160 3.000 2.820 2.680 2.440 2.120 1.960 1.810
1.960 1.900
1.840 1.780
1.760 1.760 1.720 1.640 1.450 1.245 1.149 1.132 1.100 1.072
0.842 0.625
0.500 0.375
0.267 0.247 0.240 0.210 0.050 0.000 0.000 0.000 0.000 0.000
1.120 1.000
0.880 0.840
0.800 0.800 1.640 1.520 1.400 1.280 1.120 0.920 0.840 0.760
0.660 0.500
0.360 0.280
0.220 0.200 0.190 0.120 0.000 0.000 0.000 0.000 0.000 0.000
2.030 1.950
1.880 1.850
1.710 1.640 1.640 1.580 1.500 1.420 1.400 1.650 2.400 2.400
0.910 0.805
0.720 0.663
0.575 0.520 0.500 0.400 0.368 0.333 0.333 0.333 0.333 0.667
1.210 1.090 # 0.960 0.900
0.860 0.820 0.400 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.700 0.630
0.580 0.500
0.430 0.580 1.110 1.070 1.030 0.913 0.633 0.600 0.547 0.000
0.300 0.240
0.220 0.160
0.120 0.107 0.107 0.107 0.080 0.071 0.071 0.036 0.036 0.036
2.440 1.880
1.440 0.560
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
3.240 3.028
1.560 1.181
0.494 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.750 1.500
1.150 1.000
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.040 0.960
0.760 0.480
0.400 0.907 2.400 2.400 2.400 2.400 2.400 3.060 3.280 3.120
1.000 0.920
0.840 0.740
0.640 0.600 0.600 0.540 0.460 0.340 0.230 0.213 0.213 0.213
0.400 0.390
0.350 0.310
0.270 0.240 0.240 0.230 0.180 0.090 0.000 0.000 0.000 0.000
0.302 0.229
0.179 0.148
0.107 0.093 0.105 0.073 0.040 0.034 0.040 0.000 0.000 0.000
0.066 0.052
0.048 0.042
0.033 0.030 0.029 0.026 0.025 0.020 0.020 0.020 0.020 0.018
1.440 1.400
1.360 1.320
1.280 1.280 1.280 1.240 1.200 1.120 1.000 0.720 0.580 0.520
0.453 0.298
0.273 0.190
0.000 0.000 0.532 0.526 0.507 0.418 0.190 0.000 0.000 0.000
1.360 1.245
0.850 0.675
0.525 0.300 0.900 1.100 1.100 1.002 0.903 0.903 0.903 0.903
0.429 0.393
0.328 0.319
0.249 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
2.120 2.000
1.890 1.730
0.650 0.210 1.600 1.540 1.360 1.170 0.770 0.540 0.440 0.440
1.230 0.880
0.610 0.400
0.070 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.340 1.140
1.080 1.000
0.800 1.220 1.640 1.610 1.570 1.530 1.490 1.450 1.350 1.230
0.390 0.350
0.300 0.240
0.175 0.160 0.160 0.158 0.150 0.150 0.150 0.150 0.150 0.145
1.325 1.236
1.198 1.158
0.994 0.990 0.956 0.957 0.813 0.734 0.674 0.582 0.540 0.504
0.300 0.220
0.180 0.150
0.110 0.073 0.073 0.040 0.027 0.018 0.016 0.016 0.013 0.012
1.400 1.200
1.050 0.800
0.470 0.670 0.880 0.848 0.713 0.600 0.500 0.000 0.000 1.880
2.352 2.332
2.178 2.065
1.890 1.666 1.894 1.596 1.311 1.260 1.100 0.840 0.370 0.000
0.430 0.406
0.381 0.357
0.283 0.067 2.650 2.537 2.016 1.833 1.618 1.319 1.039 0.899
0.760 0.570
0.460 0.380
0.330 0.320 0.320 0.290 0.070 0.000 0.000 0.000 0.000 0.000
2.020 1.880
1.455 1.240
1.160 1.040 0.880 0.680 0.583 0.583 0.583 0.583 0.583 0.583
0.950 0.920 # 0.760 0.640
0.600 1.240 1.860 1.760 1.600 1.460 1.340 1.220 1.100 0.980
1.000 0.940
0.845 0.770
0.600 0.890 1.315 1.220 1.140 1.080 0.150 0.000 0.000 0.000
7.720 6.720
6.000 5.500
4.000 3.120 3.120 2.680 1.680 1.200 1.000 0.400 0.000 0.000
1.240 1.170
1.050 0.900
0.760 0.660 0.580 0.560 0.520 0.480 0.480 0.460 0.420 0.370
1.450 1.400
1.360 1.320
1.280 1.240 1.240 1.120 1.120 1.120 1.120 1.120 1.120 1.060

Amounts in Red indicate no increase during year

# Column on right excludes amount normally paid in following year but accelerated; included next year (column o

Dividends Paid by Year

(excluding Special/Extra Dividends)


*A/D=Acceleration/Deceleration (5-year average increase divided by 10-year average increase)

Challengers

(and American Depository Receipts)

Company
Ticker
Name
Symbol
Broadcom Corp.
BRCM
Broadridge Financial SolutioBR
Brookfield Infrastructure Part
BIP
BT Group plc
BT
CAE Inc.
CAE
Calamos Asset ManagemenCLMS
Calumet Specialty ProductsCLMT
Camden Property Trust
CPT
Cantel Medical Corp.
CMN
Cardinal Financial Corp. CFNL
CBL & Associates PropertiesI
CBL
CBOE Holdings Inc.
CBOE
Ceco Environmental Corp. CECE
Celanese Corp.
CE
Cenovus Energy Inc.
CVE
Chatham Lodging Trust
CLDT
Chemed Corp.
CHE
Chesapeake Lodging TrustCHSP
Chico's FAS Inc.
CHS
Cimarex Energy Co.
XEC
Cisco Systems Inc.
CSCO
Cleco Corp.
CNL
CME Group Inc.
CME
CMS Energy Corp.
CMS
Coach Inc.
COH
Coca-Cola Enterprises Inc. CCE
Cohen & Steers Inc.
CNS
Colony Financial Inc.
CLNY
Columbia Banking System In
COLB
Columbia Sportswear Co. COLM
Comcast Corp.
CMCSA
Comerica Inc.
CMA
Core Laboratories NV
CLB
CoreSite Realty Corp.
COR
Corning Inc.
GLW
CSI Compressco LP
CCLP
CubeSmart
CUBE
Cummins Inc.
CMI
DCP Midstream Partners LP
DPM
DDR Corp.
DDR
DeVry Education Group Inc.DV
Diageo plc
DEO
Discover Financial ServicesDFS

5-9 Straight Years Higher Dividends

5/10 DGR DGR DGR


A/D*
1-yr 3-yr 5-yr
n/a
9.1 10.1
n/a
n/a 20.0 13.8 20.8
n/a 11.6 13.3 12.6
n/a 17.5 14.2 12.8
2.030 11.8 13.0 16.9
n/a 10.0 13.1 20.1
n/a
1.5 12.2
8.8
9.408
6.5 10.8
2.6
n/a 22.8 19.1
n/a
n/a 47.8 41.5 53.4
n/a
7.7
5.7
1.7
n/a 18.2 21.0
n/a
n/a 15.0 66.3
n/a
n/a 77.1 57.1 42.2
n/a
4.5
7.1 37.8
n/a
9.5
9.5
n/a
1.384 10.5 11.9 18.5
n/a 20.8 13.2
n/a
n/a 25.0 14.5
n/a
n/a 14.8 17.7 20.9
n/a 13.8 60.2
n/a
2.057
9.6 11.7 11.7
0.624
4.4 18.8 15.4
n/a
5.9
8.7 16.7
n/a
5.9 21.6 55.2
1.354 25.0 25.2 27.2
2.157
7.5 12.7 33.9
n/a
1.4
3.8
n/a
6.571 31.7 34.9 50.5
n/a 25.3
9.9 11.6
n/a 16.4 26.2 26.8
n/a 15.2 23.9
9.6
n/a 56.3 26.0 58.5
n/a 29.6 39.1
n/a
n/a
2.6 21.1 14.9
n/a
5.6 60.5
n/a
n/a 18.2 22.9 39.1
1.278 24.9 28.5 32.0
n/a
6.6
6.1
4.6
n/a 14.3 55.4 -11.6
n/a
2.9 13.4 16.9
1.575 12.4
9.1
8.3
n/a 24.3 66.3 50.3
Amounts in Red indicate no increase during year

# Column on right excludes amount normally paid in following year but accelerated; included next year (column o

2014 2013 # 2012 2011 # 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
0.480 0.440
0.400 0.360
0.320 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.900 0.750
0.660 0.610
0.570 0.350 0.250 0.120 0.000 0.000 0.000 0.000 0.000 0.000
1.920 1.720
1.500 1.320
1.100 1.060 0.883 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.761 1.498
1.315 1.184
1.063 0.967 2.903 2.983 2.162 1.918 0.000 0.000 0.000 0.000
0.234 0.209
0.180 0.162
0.137 0.107 0.091 0.037 0.037 0.037 0.105 0.120 0.120 0.160
0.550 0.500
0.410 0.380
0.300 0.220 0.385 0.440 0.380 0.280 0.000 0.000 0.000 0.000
2.740 2.700
2.300 1.940
1.825 1.800 1.980 2.460 1.300 0.000 0.000 0.000 0.000 0.000
2.610 2.450
2.170 1.920
1.800 2.300 2.790 2.730 2.615 2.540 2.540 2.540 2.515 2.393
0.090 0.073 # 0.062 0.053
0.044 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.340 0.230
0.150 0.120
0.080 0.040 0.040 0.040 0.040 0.010 0.000 0.000 0.000 0.000
0.980 0.910
0.870 0.830
0.650 0.900 2.180 2.020 1.830 1.626 1.450 1.310 1.100 1.055
0.780 0.660
0.540 0.440
0.200 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.230 0.200
0.160 0.050
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.930 0.525
0.270 0.240
0.180 0.160 0.160 0.160 0.160 0.080 0.000 0.000 0.000 0.000
0.992 0.949
0.883 0.807
0.779 0.200 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.920 0.840
0.750 0.700
0.175 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.840 0.760
0.680 0.600
0.520 0.360 0.240 0.240 0.240 0.240 0.240 0.240 0.225 0.220
1.160 0.960
0.860 0.800
0.200 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.300 0.240
0.210 0.200
0.160 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.620 0.540
0.460 0.380
0.300 0.240 0.240 0.160 0.160 0.000 0.000 0.000 0.000 0.000
0.740 0.650
0.360 0.180
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.563 1.425
1.300 1.123
0.975 0.900 0.900 0.900 0.900 0.900 0.900 0.900 0.895 0.870
1.880 1.800
1.792 1.120
0.920 0.920 0.920 0.688 0.504 0.368 0.208 0.112 0.000 0.000
1.080 1.020
0.960 0.840
0.660 0.500 0.360 0.200 0.000 0.000 0.000 0.000 1.090 1.460
1.350 1.275
1.050 0.750
0.450 0.150 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.000 0.800
0.640 0.510
0.390 0.300 0.280 0.240 0.240 0.160 0.160 0.160 0.160 0.160
0.860 0.800
0.720 0.600
0.400 0.200 0.760 0.800 0.480 0.440 0.200 0.000 0.000 0.000
1.420 1.400
1.380 1.270
0.690 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.540 0.410
0.340 0.220
0.040 0.070 0.580 0.660 0.570 0.390 0.258 0.143 0.000 0.000
0.570 0.455
0.440 0.430
0.370 0.330 0.320 0.290 0.070 0.000 0.000 0.000 0.000 0.000
0.870 0.748
0.610 0.433
0.380 0.265 0.188 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.760 0.660
0.500 0.400
0.200 0.480 2.620 2.510 2.320 2.170 2.060 1.980 1.880 1.720
2.000 1.280
1.120 1.000
0.240 0.200 0.100 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.400 1.080
0.720 0.520
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.400 0.390
0.315 0.225
0.200 0.200 0.200 0.100 0.000 0.000 0.000 0.000 0.000 0.120
1.795 1.700
1.560 0.435
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.520 0.440
0.320 0.280
0.100 0.100 0.720 1.160 1.160 0.761 0.000 0.000 0.000 0.000
2.810 2.250
1.800 1.325
0.875 0.700 0.600 0.430 0.330 0.300 0.300 0.300 0.300 0.300
3.005 2.820
2.660 2.515
2.420 2.400 2.360 1.975 1.230 0.000 0.000 0.000 0.000 0.000
(10.8) 0.600 0.525
0.440 0.160
0.080 1.110 2.730 2.590 2.310 2.130 1.890 1.610 1.510 1.470
n/a 0.350 0.340
0.320 0.240
0.200 0.160 0.120 0.100 0.000 0.000 0.000 0.000 0.000 0.000
5.3 3.370 2.998
2.774 2.595
2.364 2.265 2.506 2.612 2.271 2.137 2.020 1.694 1.600 1.445
n/a 0.920 0.740
0.400 0.200
0.080 0.120 0.240 0.060 0.000 0.000 0.000 0.000 0.000 0.000

DGR
10-yr
n/a
n/a
n/a
n/a
8.3
n/a
n/a
0.3
n/a
n/a
(3.8)
n/a
n/a
n/a
n/a
n/a
13.3
n/a
n/a
n/a
n/a
5.7
24.6
n/a
n/a
20.1
15.7
n/a
7.7
n/a
n/a
(9.5)
n/a
n/a
n/a
n/a
n/a
25.1
n/a

(DGR=Dividend Growth Rate)

Dividends Paid by Year

(excluding Special/Extra Dividends)


*A/D=Acceleration/Deceleration (5-year average increase divided by 10-year average increase)

Challengers

(and American Depository Receipts)

(DGR=Dividend Growth Rate)

Company
Ticker
5/10 DGR DGR DGR DGR
Name
Symbol A/D*
1-yr 3-yr 5-yr 10-yr
Domtar Corp.
UFS
n/a 23.8 26.0
n/a
n/a
Douglas Dynamics Inc.
PLOW
n/a
4.2
2.6
n/a
n/a
Douglas Emmett Inc.
DEI
n/a 11.1 20.3 10.4
n/a
Dow Chemical Company DOW
16.023
11.7 21.4 10.4 0.7
Dr Pepper Snapple Group DPS
n/a
8.8 12.2
n/a
n/a
DSW Inc.
DSW
n/a 61.3 71.0
n/a
n/a
DTE Energy Company
DTE
1.791
4.1
5.0
4.6 2.6
Dun & Bradstreet Corp.
DNB
n/a 10.0
6.9
5.3
n/a
DuPont Fabros TechnologyDFT
I
n/a 44.4 39.4
n/a
n/a
East West Bancorp
EWBC 5.157 20.0 65.1 70.5 13.7
Eastman Chemical Co.
EMN
2.048 16.7 13.2
9.7 4.8
Eaton Corp. plc
ETN
1.047 16.7 13.0 14.4 13.8
EMC Insurance Group Inc. EMCI
1.193
9.3
6.9
5.5 4.6
Emclaire Financial Corp. EMCF
n/a 10.0 11.2
3.5 (0.7)
Enbridge Energy Partners LP
EEP
1.212
1.1
1.6
2.1 1.7
Endurance Specialty Holding
ENH
1.193
6.3
4.3
6.3 5.3
EnLink Midstream LLC
ENLC
5.940 59.2 28.2 54.0 9.1
EnLink Midstream PartnersENLK
L
n/a
9.4
7.5 42.2 (1.1)
Ensign Group Inc.
ENSG
n/a 47.0 20.2 16.3
n/a
EPR Properties
EPR
0.893
8.9
7.3
4.0 4.5
Equifax Inc.
EFX
1.792 13.6 16.0 44.3 24.7
Escalade Inc.
ESCA
n/a 11.8 15.0
n/a 4.7
Estee Lauder Companies Inc.
EL
2.735 13.5 17.0 25.0 9.1
Ethan Allen Interiors Inc. ETH
n/a 13.5 20.5 -1.4 (0.7)
Evercore Partners Inc.
EVR
n/a 13.2 11.7 15.1
n/a
Excel Trust Inc.
EXL
n/a
4.1
7.4
n/a
n/a
Exterran Partners LP
EXLP
n/a
4.1
4.1
3.2
n/a
Extra Space Storage Inc. EXR
2.009 24.8 47.9 36.6 18.2
FBL Financial Group Inc. FFG
2.653 169.2 69.5 35.4 13.3
Fifth Third Bancorp
FITB
n/a 11.1 33.5 65.7 (8.8)
Financial Institutions Inc. FISI
7.902
7.0 20.0 13.7 1.7
Finish Line Inc. (The)
FINL
1.063 14.3 17.0 21.7 20.4
First American Financial Corp
FAF
n/a 75.0 51.8
n/a
n/a
First Defiance Financial Corp
FDEF
n/a 56.3 132.1
6.1 (2.4)
First Financial Bankshares In
FFIN
0.684
5.9
5.0
3.6 5.2
First Interstate BancsystemFIBK
I
n/a 18.5 12.5
n/a
n/a
Flir Systems Inc.
FLIR
n/a 11.1 18.6
n/a
n/a
Flowserve Corp.
FLS
n/a 14.8 14.2 11.9
n/a
FMC Corp.
FMC
n/a
8.3 26.7 18.5
n/a
FNB Bancorp
FNBG
0.887 22.5 30.3
6.0 6.8
Foot Locker Inc.
FL
0.548 10.3 10.1
7.5 13.6
Fox Chase Bancorp Inc. FXCB
n/a 57.1 76.5
n/a
n/a
Frisch's Restaurants Inc. FRS
1.611 12.1
6.7
8.6 5.3

5-9 Straight Years Higher Dividends

2014 2013 # 2012 2011 # 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
1.300 1.050
0.850 0.650
0.375 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.870 0.835
0.823 0.805
0.383 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.800 0.720
0.580 0.460
0.400 0.488 0.738 0.645 0.000 0.000 0.000 0.000 0.000 0.000
1.430 1.280
1.140 0.800
0.600 0.870 1.680 1.590 1.460 1.340 1.340 1.340 1.340 1.129
1.610 1.480
1.340 1.140
0.800 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.750 0.465 # 0.345 0.150
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
2.655 2.550
2.383 2.295
2.150 2.120 2.120 2.120 2.060 2.060 2.060 2.060 2.060 2.060
1.760 1.600
1.520 1.440
1.400 1.360 1.200 1.000 0.000 0.000 0.000 0.000 0.000 0.000
1.300 0.900
0.540 0.480
0.400 0.000 0.713 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.720 0.600
0.400 0.160
0.040 0.050 0.400 0.400 0.200 0.200 0.200 0.200 0.136 0.060
1.400 1.200
1.040 0.965
0.880 0.880 0.880 0.880 0.880 0.880 0.880 0.880 0.880 0.880
1.960 1.680
1.520 1.360
1.080 1.000 1.000 0.860 0.740 0.620 0.540 0.460 0.440 0.425
0.940 0.860
0.810 0.770
0.730 0.720 0.720 0.690 0.650 0.610 0.600 0.600 0.600 0.600
0.880 0.800
0.720 0.640
0.560 0.740 1.300 1.190 1.100 1.020 0.940 0.860 0.700 0.000
2.197 2.174
2.154 2.092
2.025 1.980 1.940 1.863 1.850 1.850 1.850 1.850 1.800 1.750
1.360 1.280
1.240 1.200
1.000 1.000 1.000 1.000 1.000 1.000 0.810 0.320 0.000 0.000
0.780 0.490
0.470 0.370
0.070 0.090 1.320 0.910 0.807 0.563 0.327 0.000 0.000 0.000
1.455 1.330
1.310 1.170
0.250 0.250 2.360 2.280 2.130 1.870 1.625 0.913 0.000 0.000
0.216 0.147
0.136 0.125
0.113 0.102 0.091 0.000 0.000 0.000 0.000 0.000 0.000 0.000
3.398 3.120
2.950 2.750
2.600 2.790 3.280 2.968 2.688 2.438 2.188 1.975 1.875 1.790
1.000 0.880
0.720 0.640
0.280 0.160 0.160 0.160 0.160 0.150 0.110 0.080 0.080 0.225
0.380 0.340 # 0.310 0.250
0.100 0.000 0.250 0.220 0.200 0.150 0.240 0.000 0.000 0.000
0.840 0.740
0.720 0.525
0.375 0.275 0.275 0.275 0.250 0.200 0.350 0.100 0.075 0.100
0.420 0.370
0.320 0.240
0.200 0.450 0.910 0.820 0.740 0.630 0.450 0.290 0.200 0.160
1.030 0.910
0.820 0.740
0.630 0.510 0.480 0.410 0.000 0.000 0.000 0.000 0.000 0.000
0.700 0.673
0.648 0.565
0.080 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
2.165 2.080
2.000 1.920
1.855 1.850 1.738 1.378 0.000 0.000 0.000 0.000 0.000 0.000
1.810 1.450
0.790 0.560
0.400 0.380 1.000 0.933 0.910 0.910 0.339 0.000 0.000 0.000
1.400 0.520
0.400 0.288
0.250 0.308 0.500 0.480 0.460 0.420 0.400 0.400 0.400 0.400
0.500 0.450
0.340 0.210
0.040 0.040 1.180 1.660 1.560 1.430 1.250 1.100 0.950 0.760
0.760 0.710
0.540 0.440
0.400 0.400 0.570 0.420 0.330 0.480 0.640 0.640 0.550 0.470
0.320 0.280
0.240 0.200
0.160 0.120 0.060 0.050 0.100 0.100 0.050 0.000 0.000 0.000
0.840 0.480
0.300 0.240
0.120 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.625 0.400
0.200 0.050
0.000 0.465 1.040 1.000 0.960 0.880 0.800 0.600 0.520 0.480
0.540 0.510
0.490 0.467
0.453 0.453 0.440 0.413 0.387 0.357 0.325 0.295 0.260 0.226
0.640 0.540
0.480 0.450
0.338 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.400 0.360
0.280 0.240
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.620 0.540
0.467 0.417
0.380 0.353 0.300 0.150 0.000 0.000 0.000 0.000 0.000 0.000
0.585 0.540
0.345 0.288
0.250 0.250 0.230 0.195 0.135 0.000 0.000 0.000 0.000 0.000
0.400 0.327
0.216 0.181
0.157 0.298 0.426 0.406 0.387 0.368 0.207 0.000 0.000 0.000
0.860 0.780
0.705 0.645
0.600 0.600 0.575 0.500 0.360 0.300 0.240 0.120 0.000 0.000
0.440 0.280
0.160 0.080
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.740 0.660
0.640 0.610
0.540 0.490 0.480 0.440 0.440 0.440 0.440 0.380 0.360 0.330

Amounts in Red indicate no increase during year

# Column on right excludes amount normally paid in following year but accelerated; included next year (column o

Dividends Paid by Year

(excluding Special/Extra Dividends)


*A/D=Acceleration/Deceleration (5-year average increase divided by 10-year average increase)

Challengers

(and American Depository Receipts)

(DGR=Dividend Growth Rate)

Company
Ticker
5/10 DGR DGR DGR DGR
Name
Symbol A/D*
1-yr 3-yr 5-yr 10-yr
G&K Services Inc.
GK
0.986 24.7 37.1 32.0 32.4
Garmin Ltd.
GRMN 0.906
5.0
5.7 20.3 22.4
GATX Corp.
GMT
0.651
6.5
4.4
3.3 5.1
General Electric Co.
GE
1.485 15.8 14.9
1.4 1.0
General Growth Properties GGP
In
n/a 42.9 22.2
n/a (4.7)
Gildan Activewear Inc.
GIL
n/a 19.4 24.1
n/a
n/a
Global Partners LP
GLP
n/a
8.0
8.1
5.3
n/a
Golar LNG Partners LP
GMLP
n/a
4.3 42.8
n/a
n/a
Group 1 Automotive Inc. GPI
n/a
7.7 13.4
n/a
n/a
Harley-Davidson Inc.
HOG
2.134 31.0 32.3 22.4 10.5
HCI Group Inc.
HCI
n/a 15.8 34.7
n/a
n/a
Heartland Payment Systems
HPY
n/a 21.4 28.6 44.0
n/a
HEICO Corp.
HEI
1.011
7.1 20.2 19.5 19.3
Heritage Financial Corp. HFWA
n/a
6.3 37.8 27.7 (6.0)
Hershey Company
HSY
1.218 12.7 13.9 11.4 9.3
Hewlett-Packard Company HPQ
2.067 10.1 15.1 13.8 6.7
Hillenbrand Inc.
HI
n/a
1.3
1.3
1.3
n/a
Hill-Rom Holdings Inc.
HRC
20.563
13.5 11.5
8.3 0.4
Hingham Institution for Savin
HIFS
1.247
3.8
3.6
5.1 4.1
Home Bancshares Inc.
HOMB
n/a 20.7 37.7 26.3
n/a
Home Depot Inc.
HD
0.798 20.5 21.8 15.3 19.2
Home Properties Inc.
HME
1.077
4.3
5.6
1.7 1.6
Horace Mann Educators Corp
HMN
3.814 17.9 26.0 31.1 8.2
Horizon Bancorp
HBNC
1.147 17.1 16.1
9.7 8.4
Hubbell Inc. B
HUB-B 1.765 11.4 10.7
8.0 4.6
Humana Inc.
HUM
n/a
3.8 30.1
n/a
n/a
Huntington Bancshares Inc.HBAN
n/a 11.1 41.9
4.1 (12.1)
IDEX Corp.
IEX
1.220 20.2 17.5 17.4 14.3
Independent Bancorp MA INDB
0.995
8.0
7.8
5.5 5.5
Ingersoll-Rand plc
IR
1.828 49.0 37.7 20.2 11.0
Interface Inc.
TILE
n/a 27.3 20.5 63.5
n/a
International Bancshares Co
IBOC
n/a 20.9 11.0
8.9 (1.1)
International Paper Co.
IP
8.959 16.8 14.3 34.6 3.9
Invesco Limited
IVZ
1.651 15.0 26.9 19.1 11.5
Iron Mountain Inc.
IRM
n/a 38.0 19.4
n/a
n/a
j2 Global Inc.
JCOM
n/a 12.3 39.3
n/a
n/a
Janus Capital Group Inc. JNS
2.227 14.8 27.4 50.6 22.7
JMP Group Inc.
JMP
n/a 55.2 28.9 41.3
n/a
Johnson Controls Inc.
JCI
0.977 15.8 11.2 11.1 11.4
Jones Lang Lasalle
JLL
n/a
9.1 17.0 19.1
n/a
JPMorgan Chase & Co.
JPM
17.445
14.7 24.9 24.1
1.4
Kennedy-Wilson Holdings InKW
n/a 30.8 62.0
n/a
n/a
KeyCorp
KEY
n/a 16.3 35.7 22.0 (14.8)

5-9 Straight Years Higher Dividends

2014 2013 # 2012 2011 # 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
1.160 0.930
0.715 0.450
0.340 0.290 0.240 0.180 0.115 0.070 0.070 0.070 0.070 0.070
1.890 1.800
1.750 1.600
1.500 0.750 0.750 0.750 0.500 0.250 0.250 0.250 0.000 0.000
1.320 1.240
1.200 1.160
1.120 1.120 1.080 0.960 0.840 0.800 0.800 1.280 1.280 1.240
0.880 0.760
0.680 0.580
0.420 0.820 1.240 1.120 1.000 0.880 0.800 0.760 0.720 0.640
0.600 0.420
0.407 0.328
0.147 0.000 1.157 1.427 1.296 1.149 0.972 0.787 0.686 0.576
0.215 0.180
0.150 0.113
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
2.528 2.340
2.058 2.000
1.958 1.950 1.950 1.873 1.719 0.000 0.000 0.000 0.000 0.000
2.140 2.053
1.775 0.734
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.700 0.650
0.590 0.480
0.100 0.000 0.470 0.560 0.550 0.000 0.000 0.000 0.000 0.000
1.100 0.840
0.620 0.475
0.400 0.400 1.290 1.060 0.810 0.625 0.405 0.195 0.135 0.115
1.100 0.950
0.775 0.450
0.100 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.340 0.280
0.240 0.160
0.040 0.055 0.360 0.250 0.050 0.000 0.000 0.000 0.000 0.000
0.120 0.112 # 0.086 0.069
0.055 0.049 0.041 0.033 0.033 0.020 0.020 0.019 0.019 0.017
0.340 0.320
0.300 0.130
0.000 0.100 0.770 0.840 0.790 0.710 0.630 0.550 0.470 0.390
2.040 1.810
1.560 1.380
1.280 1.190 1.190 1.135 1.030 0.930 0.835 0.723 0.630 0.583
0.610 0.554
0.504 0.400
0.320 0.320 0.320 0.320 0.320 0.320 0.320 0.320 0.320 0.320
0.793 0.783
0.773 0.763
0.753 0.743 0.550 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.610 0.538
0.500 0.440
0.410 0.410 0.461 0.613 0.608 0.604 0.586 0.548 0.547 0.452
1.090 1.050
1.020 0.980
0.920 0.850 0.810 0.800 0.800 0.770 0.730 0.700 0.640 0.590
0.350 0.290
0.225 0.134
0.109 0.109 0.099 0.111 0.021 0.000 0.000 0.000 0.000 0.000
1.880 1.560
1.160 1.040
0.972 0.922 0.900 0.900 0.675 0.400 0.325 0.260 0.210 0.170
2.920 2.800
2.640 2.480
2.320 2.680 2.650 2.610 2.570 2.530 2.490 2.450 2.410 2.310
0.920 0.780
0.550 0.460
0.350 0.238 0.368 0.420 0.420 0.420 0.420 0.420 0.420 0.420
0.480 0.410
0.353 0.307
0.302 0.302 0.284 0.258 0.249 0.231 0.213 0.190 0.133 0.000
2.060 1.850
1.680 1.520
1.440 1.400 1.360 1.320 1.320 1.320 1.320 1.320 1.320 1.320
1.100 1.060
1.020 0.500
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.200 0.180
0.160 0.070
0.040 0.163 0.797 1.045 0.965 0.830 0.725 0.655 0.640 0.760
1.070 0.890
0.770 0.660
0.570 0.480 0.480 0.460 0.380 0.320 0.282 0.249 0.249 0.249
0.940 0.870
0.820 0.750
0.720 0.720 0.710 0.670 0.630 0.590 0.550 0.510 0.470 0.430
1.000 0.671
0.511 0.383
0.224 0.399 0.575 0.575 0.543 0.455 0.351 0.288 0.272 0.272
0.140 0.110
0.090 0.080
0.043 0.012 0.120 0.080 0.000 0.000 0.000 0.000 0.045 0.150
0.520 0.430
0.400 0.380
0.360 0.340 0.660 0.648 0.636 0.609 0.582 0.491 0.321 0.298
1.440 1.233
1.074 0.964
0.394 0.326 0.986 0.986 0.986 0.986 0.986 0.986 0.986 0.986
0.975 0.848
0.640 0.478
0.433 0.408 0.520 0.372 0.345 0.333 0.327 0.397 0.375 0.337
1.490 1.080
1.040 0.875
0.188 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.095 0.975
0.870 0.405
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.310 0.270
0.230 0.150
0.040 0.040 0.040 0.040 0.040 0.040 0.040 0.040 0.050 0.020
0.225 0.145
0.135 0.105
0.055 0.040 0.200 0.075 0.000 0.000 0.000 0.000 0.000 0.000
0.880 0.760
0.720 0.640
0.520 0.520 0.520 0.440 0.373 0.333 0.300 0.240 0.220 0.207
0.480 0.440
0.400 0.300
0.200 0.200 0.750 0.600 0.250 0.000 0.000 0.000 0.000 0.000
1.560 1.360
1.150 0.800
0.200 0.530 1.520 1.440 1.360 1.360 1.360 1.360 1.360 1.340
0.340 0.260
0.190 0.080
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.250 0.215
0.180 0.100
0.040 0.093 1.000 1.460 1.380 1.300 1.240 1.220 1.200 1.180

Amounts in Red indicate no increase during year

# Column on right excludes amount normally paid in following year but accelerated; included next year (column o

Dividends Paid by Year

(excluding Special/Extra Dividends)


*A/D=Acceleration/Deceleration (5-year average increase divided by 10-year average increase)

Challengers

(and American Depository Receipts)

(DGR=Dividend Growth Rate)

Company
Ticker
5/10 DGR DGR DGR DGR
Name
Symbol A/D*
1-yr 3-yr 5-yr 10-yr
Kimco Realty Corp.
KIM
n/a
7.1
7.7 -2.1 (2.3)
Kinder Morgan Inc.
KMI
n/a
9.0 31.9
n/a
n/a
KLA-Tencor Corp.
KLAC
n/a 11.8 16.6 25.9
n/a
Kohlberg Kravis Roberts & C
KKR
n/a 25.3 41.9
n/a
n/a
Kohl's Corp.
KSS
n/a 11.4 16.0
n/a
n/a
Kroger Company
KR
n/a 10.6 16.5 13.3
n/a
L Brands Inc.
LB
1.620 13.3 19.3 17.8 11.0
Lakeland Bancorp Inc.
LBAI
n/a
7.9 10.8
2.5 (0.7)
LaSalle Hotel Properties LHO
15.902
48.9 43.9 62.7 3.9
Lazard Limited
LAZ
n/a 26.3 25.6 21.7
n/a
Lear Corp.
LEA
n/a 17.6 17.0
n/a
n/a
LegacyTexas Financial Grou
LTXB
n/a 14.3 33.9 23.9
n/a
LeMaitre Vascular Inc.
LMAT
n/a 17.4 31.0
n/a
n/a
Lennox International Inc. LII
1.275 22.7 16.1 14.0 11.0
Lexington Realty Trust
LXP
n/a 11.7 13.4 11.7 (7.1)
Lincoln National Corp.
LNC
n/a 33.3 47.4 21.7 (7.5)
Lithia Motors Inc.
LAD
n/a 24.5 32.9
n/a 7.4
Littelfuse Inc.
LFUS
n/a 11.9 12.5
n/a
n/a
Lorillard Inc.
LO
n/a 11.8 12.4 14.0
n/a
Macerich Company
MAC
172.008
6.4
7.0 20.7 0.1
Macquarie Infrastructure Comp
MIC
n/a 21.0 84.7
n/a
n/a
Magna International Inc. MGA
10.183
18.8 15.0 76.0 7.5
Maiden Holdings Ltd.
MHLD
n/a 22.2 14.9 12.9
n/a
Main Street Capital Corp. MAIN
n/a
7.3
8.5
5.9
n/a
Malaga Financial Corp.
MLGF
0.561 16.7 20.5 16.9 30.2
ManpowerGroup Inc.
MAN
0.460
6.5
7.0
5.8 12.6
Marathon Oil Corp.
MRO
0.689 11.1 10.2
6.9 10.0
MarketAxess Holdings Inc. MKTX
n/a 23.1 21.1 55.7
n/a
MarkWest Energy Partners MWE
L
0.689
4.8
8.4
6.5 9.4
Marriott International Inc. MAR
3.233 20.3 27.0 56.5 17.5
Marsh & McLennan Compan
MMC
n/a 10.4
7.2
5.8 (2.0)
Mattel Inc.
MAT
1.172
5.6 18.2 15.2 12.9
McKesson Corp.
MCK
1.000
9.1
7.2 14.9 14.9
Mead Johnson Nutrition Co.MJN
n/a 11.0 13.4 24.0
n/a
Medallion Financial Corp. TAXI
0.409
6.7 10.7
4.6 11.2
Methanex Corp.
MEOH 0.686 21.0 12.6
8.9 13.0
Mid-America Apartment Commu
MAA
1.558
5.0
5.2
3.5 2.2
MidWest One Financial Grou
MOFG
n/a 16.0 38.1 13.9
n/a
Miller Industries Inc.
MLR
n/a
7.1
7.7
n/a
n/a
Monarch Financial HoldingsMNRK
n/a 29.2 32.5
n/a
n/a
Montpelier Re Holdings Ltd.MRH
n/a 25.0 12.9 13.9 (8.2)
Moody's Corp.
MCO
1.027 24.4 27.9 22.9 22.3
Morningstar Inc.
MORN
n/a 36.0 50.4
n/a
n/a

5-9 Straight Years Higher Dividends

2014 2013 # 2012 2011 # 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
0.900 0.840
0.760 0.720
0.640 1.000 1.640 1.480 1.350 1.245 1.140 1.080 1.040 0.960
1.700 1.560
1.340 0.740
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.900 1.700
1.500 1.200
0.800 0.600 0.600 0.540 0.480 0.360 0.000 0.000 0.000 0.000
2.030 1.620
0.840 0.710
0.230 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.560 1.400
1.280 1.000
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.680 0.615
0.495 0.430
0.390 0.365 0.345 0.290 0.195 0.000 0.000 0.000 0.000 0.000
1.360 1.200
1.000 0.800
0.600 0.600 0.600 0.600 0.600 0.600 0.480 0.400 0.300 0.300
0.293 0.271
0.235 0.215
0.181 0.259 0.346 0.329 0.317 0.313 0.313 0.295 0.266 0.233
1.310 0.880
0.620 0.440
0.140 0.115 1.885 1.920 1.520 1.060 0.890 0.980 0.240 1.170
1.200 0.950 # 0.760 0.605
0.500 0.450 0.400 0.360 0.360 0.142 0.000 0.000 0.000 0.000
0.800 0.680
0.560 0.500
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.480 0.420
0.300 0.200
0.151 0.164 0.207 0.143 0.000 0.000 0.000 0.000 0.000 0.000
0.135 0.115
0.095 0.060
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.080 0.880 # 0.740 0.690
0.590 0.560 0.560 0.520 0.440 0.400 0.380 0.380 0.380 0.380
0.670 0.600
0.525 0.460
0.400 0.386 1.365 1.500 1.460 1.440 1.400 1.340 1.320 1.270
0.640 0.480
0.320 0.200
0.040 0.240 1.660 1.580 1.520 1.460 1.400 1.340 1.280 1.220
0.610 0.490 # 0.370 0.260
0.150 0.000 0.470 0.560 0.520 0.400 0.300 0.140 0.000 0.000
0.940 0.840
0.760 0.660
0.150 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
2.460 2.200
2.067 1.733
1.417 1.280 0.613 0.000 0.000 0.000 0.000 0.000 0.000 0.000
2.510 2.360
2.230 2.050
1.560 0.980 3.200 2.930 2.750 2.630 2.480 2.320 2.220 2.140
3.780 3.125
1.713 0.600
0.000 0.000 2.125 2.385 2.075 1.500 0.000 0.000 0.000 0.000
1.520 1.280
1.100 1.000
0.510 0.090 0.630 0.575 0.760 0.760 0.740 0.680 0.680 0.680
0.440 0.360
0.320 0.290
0.260 0.240 0.100 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.995 1.860
1.710 1.560
1.500 1.500 1.425 0.330 0.000 0.000 0.000 0.000 0.000 0.000
0.700 0.600
0.500 0.400
0.360 0.320 0.320 0.320 0.288 0.238 0.050 0.000 0.000 0.000
0.980 0.920
0.860 0.800
0.740 0.740 0.740 0.690 0.590 0.470 0.300 0.200 0.200 0.200
0.800 0.720
0.680 0.598
0.591 0.573 0.573 0.549 0.456 0.379 0.307 0.286 0.274 0.274
0.640 0.520
0.440 0.360
0.280 0.070 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
3.500 3.340
3.160 2.750
2.560 2.560 2.440 2.090 1.790 1.600 1.430 1.160 0.250 0.000
0.770 0.640
0.490 0.376
0.196 0.082 0.316 0.268 0.225 0.186 0.154 0.138 0.128 0.119
1.060 0.960
0.900 0.860
0.810 0.800 0.800 0.760 0.680 0.680 1.300 1.180 1.090 1.030
1.520 1.440
1.240 0.920
0.830 0.750 0.750 0.750 0.650 0.500 0.450 0.400 0.050 0.140
0.960 0.880
0.800 0.780
0.660 0.480 0.420 0.240 0.240 0.240 0.240 0.240 0.240 0.240
1.465 1.320
1.160 1.005
0.875 0.500 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.950 0.890
0.830 0.700
0.600 0.760 0.760 0.760 0.660 0.500 0.330 0.100 0.120 0.290
0.950 0.785
0.725 0.665
0.620 0.620 0.605 0.545 0.485 0.410 0.280 0.220 0.100 0.000
2.920 2.780
2.640 2.510
2.460 2.460 2.460 2.420 2.380 2.340 2.340 2.340 2.340 2.340
0.580 0.500
0.360 0.220
0.200 0.303 0.458 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.600 0.560
0.520 0.480
0.100 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.310 0.240
0.159 0.133
0.117 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.575 0.460
0.420 0.400
0.360 0.300 0.300 0.300 0.300 1.420 1.360 0.000 0.000 0.000
1.120 0.900
0.640 0.535
0.420 0.400 0.400 0.320 0.280 0.203 0.150 0.090 0.090 0.090
0.680 0.500
0.400 0.200
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

Amounts in Red indicate no increase during year

# Column on right excludes amount normally paid in following year but accelerated; included next year (column o

Dividends Paid by Year

(excluding Special/Extra Dividends)


*A/D=Acceleration/Deceleration (5-year average increase divided by 10-year average increase)

Challengers

(and American Depository Receipts)

Company
Ticker
Name
Symbol
Movado Group Inc.
MOV
Myers Industries Inc.
MYE
National American University
NAUH
National Oilwell Varco Inc. NOV
Neenah Paper Inc.
NP
Newell Rubbermaid Inc. NWL
NGL Energy Partners LP NGL
Nordstrom Inc.
JWN
Northrim BanCorp Inc.
NRIM
Northwest Bancshares Inc. NWBI
OGE Energy Corp.
OGE
Omnicare Inc.
OCR
Omnicom Group Inc.
OMC
Oracle Corp.
ORCL
Orange County Bancorp Inc.
OCBI
Oritani Financial Corp.
ORIT
Oxford Industries Inc.
OXM
Packaging Corp of AmericaPKG
Patterson Companies Inc. PDCO
PCTEL Inc.
PCTI
PennyMac Mortgage Investme
PMT
Penske Automotive Group In
PAG
PetMed Express Inc.
PETS
Pfizer Inc.
PFE
Philip Morris International PM
Pioneer Bankshares Inc. PNBI
PNC Financial Services Grou
PNC
PolyOne Corp.
POL
Portland General Electric Co
POR
Preferred Apartment Commu
APTS
Primerica Inc.
PRI
Principal Financial Group Inc.
PFG
ProAssurance Corp.
PRA
Provident Financial Holdings
PROV
Provident Financial Services
PFS
Prudential Financial Inc. PRU
Public Storage
PSA
QNB Corp.
QNBC
Quaint Oak Bancorp Inc. QNTO
Quaker Chemical Corp.
KWR
Ralph Lauren Corp.
RL
Reinsurance Group of Ameri
RGA
Reliance Steel & AluminumRS
C

5-9 Straight Years Higher Dividends

5/10 DGR DGR DGR DGR


A/D*
1-yr 3-yr 5-yr 10-yr
5.135 46.2 61.6 50.0 9.7
1.498 33.3 19.7 14.9 9.9
n/a
9.1 14.5
n/a
n/a
n/a 97.3 58.6 78.2
n/a
n/a 45.7 32.3 20.6
n/a
n/a 10.0 31.5 20.9 (2.4)
n/a 17.2 65.3
n/a
n/a
0.838 10.0 12.8 15.6 18.6
1.613
9.4 11.9 11.8 7.3
0.570
4.0
6.5
5.9 10.3
1.619 10.8
7.2
5.4 3.4
2.243 32.3 74.9 54.4 24.3
1.617 20.0 23.7 24.6 15.2
n/a 14.3 27.8 26.2
n/a
n/a
5.8
4.2
4.0
n/a
n/a
3.7 18.1 32.0
n/a
2.322 17.4 17.4 12.5 5.4
1.588 17.4 28.7 16.4 10.3
n/a 22.6 18.2
n/a
n/a
n/a 14.3 74.7
n/a
n/a
n/a
4.4
9.0
n/a
n/a
n/a 25.8 48.1
n/a 14.3
n/a
6.3 10.8 27.7
n/a
1.241
8.3
9.1
5.4 4.3
n/a 11.2 13.0 12.0
n/a
n/a
1.5
4.8
3.6
n/a
n/a
9.3 21.0 22.2 (0.6)
n/a 39.1 38.7
n/a
n/a
n/a
1.8
1.9
2.1
n/a
n/a
7.6
8.6
n/a
n/a
n/a
9.1 68.7
n/a
n/a
2.342 34.7 23.5 21.4 9.1
n/a 20.0 112.5
n/a
n/a
121.734
23.5 73.8 39.3 0.3
0.667
7.1
8.5
6.4 9.6
1.916 25.4 14.4 25.4 13.3
1.709
8.7 15.3 20.5 12.0
0.693
3.7
3.8
3.1 4.5
n/a 21.1 19.4 18.1
n/a
1.426 11.1
5.0
3.6 2.6
2.246 12.5 37.0 55.2 24.6
n/a 16.7 28.1 28.5
n/a
1.061 11.1 42.9 28.5 26.8

(DGR=Dividend Growth Rate)

2014 2013 # 2012 2011 # 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
0.380 0.260
0.180 0.090
0.000 0.050 0.320 0.300 0.230 0.190 0.150 0.090 0.060 0.060
0.480 0.360
0.320 0.280
0.260 0.240 0.240 0.218 0.203 0.200 0.186 0.182 0.178 0.163
0.180 0.165 # 0.138 0.120
0.085 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.614 0.818
0.440 0.405
0.369 0.090 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.020 0.700
0.480 0.440
0.400 0.400 0.400 0.400 0.400 0.400 0.000 0.000 0.000 0.000
0.660 0.600
0.430 0.290
0.200 0.255 0.840 0.840 0.840 0.840 0.840 0.840 0.840 0.840
2.280 1.945
1.575 0.504
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.320 1.200
1.080 0.920
0.760 0.640 0.640 0.540 0.420 0.320 0.240 0.205 0.190 0.180
0.700 0.640
0.560 0.500
0.440 0.400 0.660 0.555 0.432 0.385 0.345 0.345 0.181 0.165
0.520 0.500
0.480 0.430
0.400 0.391 0.391 0.373 0.311 0.240 0.196 0.160 0.124 0.089
0.925 0.835
0.785 0.750
0.725 0.710 0.695 0.680 0.665 0.665 0.665 0.665 0.665 0.665
0.820 0.620
0.420 0.153
0.113 0.093 0.093 0.093 0.093 0.093 0.093 0.093 0.093 0.093
1.800 1.500
1.150 0.950
0.750 0.600 0.600 0.550 0.488 0.450 0.438 0.400 0.400 0.375
0.480 0.420 # 0.240 0.230
0.200 0.150 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.630 1.540 # 1.520 1.440
1.360 1.340 1.320 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.700 0.675
0.575 0.425
0.325 0.175 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.810 0.690
0.580 0.500
0.420 0.450 0.720 0.720 0.600 0.540 0.480 0.420 0.420 0.420
1.600 1.363
0.950 0.750
0.600 0.750 1.200 1.000 1.000 0.900 0.600 0.000 0.000 0.000
0.760 0.620 # 0.540 0.460
0.300 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.160 0.140
0.120 0.030
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
2.380 2.280
2.220 1.840
0.770 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.780 0.620
0.460 0.240
0.000 0.000 0.360 0.300 0.270 0.225 0.205 0.050 0.000 0.000
0.680 0.640
0.600 0.500
0.450 0.200 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.040 0.960
0.880 0.800
0.720 0.800 1.280 1.160 0.960 0.760 0.680 0.600 0.520 0.440
3.880 3.490
3.160 2.690
2.380 2.200 1.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.680 0.670
0.610 0.590
0.580 0.570 0.570 0.420 0.000 0.000 0.000 0.000 0.000 0.000
1.880 1.720
1.550 1.060
0.400 0.690 2.610 2.440 2.150 2.000 2.000 1.940 1.920 1.920
0.320 0.230
0.190 0.120
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.250 0.250
1.110 1.090
1.070 1.050
1.030 1.000 0.960 0.920 0.450 0.000 0.000 0.000 0.000 0.000
0.640 0.595
0.525 0.500
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.480 0.440
0.240 0.100
0.020 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.320 0.980
0.760 0.700
0.550 0.500 0.450 0.900 0.800 0.650 0.550 0.450 0.250 0.000
1.200 1.000
0.500 0.125
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.420 0.340
0.180 0.080
0.040 0.080 0.380 0.720 0.630 0.560 0.407 0.200 0.067 0.000
0.600 0.560
0.510 0.470
0.440 0.440 0.440 0.420 0.390 0.320 0.240 0.140 0.000 0.000
2.170 1.730
1.600 1.450
1.150 0.700 0.580 1.150 0.950 0.780 0.625 0.500 0.400 0.000
5.600 5.150
4.400 3.650
3.050 2.200 2.200 2.000 2.000 1.900 1.800 1.800 1.800 1.340
1.120 1.080
1.040 1.000
0.960 0.960 0.920 0.880 0.840 0.780 0.720 0.660 0.600 0.527
0.230 0.190
0.155 0.135
0.115 0.100 0.075 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.100 0.990
0.970 0.950
0.930 0.920 0.905 0.860 0.860 0.860 0.855 0.840 0.835 0.820
1.800 1.600
1.200 0.700
0.400 0.200 0.200 0.200 0.200 0.200 0.200 0.100 0.000 0.000
1.260 1.080
0.840 0.600
0.480 0.360 0.090 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.400 1.260
0.800 0.480
0.400 0.400 0.400 0.320 0.220 0.190 0.130 0.120 0.120 0.120

Amounts in Red indicate no increase during year

# Column on right excludes amount normally paid in following year but accelerated; included next year (column o

Dividends Paid by Year

(excluding Special/Extra Dividends)


*A/D=Acceleration/Deceleration (5-year average increase divided by 10-year average increase)

Challengers

(and American Depository Receipts)

Company
Ticker
Name
Symbol
Rent-A-Center Inc.
RCII
Resources Connection Inc.RECN
Retail Opportunity Investmen
ROIC
RLJ Lodging Trust
RLJ
Rock-Tenn Company
RKT
Rockwell Automation Inc. ROK
Royal Bank of Canada
RY
Safety Insurance Group Inc.SAFT
Sandy Spring Bancorp Inc. SASR
Schlumberger Limited
SLB
Scotts Miracle-Gro Company
SMG
Scripps Networks Interactive
SNI
Seaspan Corp.
SSW
Sensient Technologies CorpSXT
Service Corp International SCI
Signet Jewelers Limited
SIG
Simon Property Group Inc. SPG
Six Flags Entertainment Corp
SIX
Smith & Nephew plc
SNN
Snap-on Inc.
SNA
Solera Holdings Inc.
SLH
Sotherly Hotels Inc.
SOHO
Southwest Gas Corp.
SWX
SpartanNash Company
SPTN
Spectra Energy Partners LPSEP
St. Jude Medical Inc.
STJ
STAG Industrial Inc.
STAG
Stage Stores Inc.
SSI
Standard Motor Products Inc.
SMP
Starbucks Corp.
SBUX
Starwood Hotels & Resorts HOT
W
Starwood Property Trust Inc.
STWD
State Street Corp.
STT
Steelcase Inc.
SCS
Stock Yards Bancorp Inc. SYBT
Suncor Energy Inc.
SU
SunTrust Banks Inc.
STI
Symetra Financial Corp. SYA
TAL International Group Inc.TAL
Targa Resources Corp.
TRGP
Targa Resources Partners LNGLS
TD Ameritrade Holding Corp
AMTD
TE Connectivity Ltd.
TEL

5-9 Straight Years Higher Dividends

5/10 DGR
A/D*
1-yr
n/a
9.5
n/a 15.4
n/a
6.7
n/a 19.5
1.701 21.3
1.133 14.4
0.847
4.0
0.525
8.3
n/a 18.8
0.836 24.7
n/a 16.4
n/a 33.3
n/a 13.5
1.037
7.7
n/a 25.9
n/a 21.1
2.945 14.3
n/a
6.0
1.325
5.3
1.425 17.1
n/a 23.7
n/a 46.4
1.537 10.9
n/a 37.1
n/a 11.1
n/a
8.2
n/a
9.4
n/a 11.6
n/a 18.2
n/a 23.6
6.370
3.7
n/a 23.4
5.403
9.8
2.056
6.4
0.587
8.6
1.156 30.6
n/a 100.0
n/a 17.6
n/a
7.5
n/a 30.4
n/a
9.3
n/a 30.8
n/a 16.7

DGR DGR DGR


3-yr 5-yr 10-yr
27.9
n/a
n/a
18.6
n/a
n/a
18.0
n/a
n/a
62.1
n/a
n/a
21.2 25.9 15.2
15.5 15.6 13.7
6.7
8.3 9.8
9.1 10.2 19.4
30.8 15.5 (0.3)
16.4 12.5 14.9
17.3 28.8
n/a
28.7 21.7
n/a
25.1 11.7
n/a
5.3
5.2 5.0
21.4 16.3
n/a
90.4
n/a 6.7
17.2 21.8 7.4
177.8
n/a
n/a
19.5 15.6 11.7
12.5
9.0 6.3
27.8 42.3
n/a
117.2 59.3
n/a
10.5
8.7 5.7
25.1 19.1
n/a
6.8
8.3
n/a
18.9
n/a
n/a
40.0
n/a
n/a
17.1 21.5
n/a
22.9
n/a 3.7
25.2
n/a
n/a
40.9 47.6 7.5
9.7 195.3
n/a
26.8 32.9 6.1
23.6 11.6
5.6
6.9
5.3 9.0
28.4 27.8 24.1
80.0 26.0 (10.0)
20.3
n/a
n/a
13.1 135.2
n/a
42.2
n/a
n/a
11.0
8.3
n/a
34.4
n/a
n/a
17.0 11.8
n/a

(DGR=Dividend Growth Rate)

2014 2013 # 2012 2011 # 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
0.920 0.840
0.640 0.440
0.120 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.300 0.260
0.220 0.180
0.080 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.640 0.600
0.530 0.390
0.180 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.980 0.820
0.645 0.230
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.713 0.588
0.413 0.400
0.325 0.225 0.200 0.200 0.180 0.180 0.173 0.163 0.153 0.150
2.390 2.090
1.790 1.550
1.280 1.160 1.160 1.160 0.965 0.840 0.660 0.660 0.660 0.840
2.578 2.480
2.275 2.122
1.932 1.729 1.885 1.703 1.273 1.125 1.010 0.860 0.760 0.690
2.600 2.400
2.200 2.000
1.800 1.600 1.600 1.300 0.860 0.600 0.440 0.340 0.000 0.000
0.760 0.640
0.480 0.340
0.040 0.370 0.960 0.920 0.880 0.840 0.780 0.740 0.690 0.607
1.513 1.213
1.075 0.960
0.840 0.840 0.805 0.650 0.480 0.409 0.376 0.376 0.376 0.376
1.775 1.525
1.250 1.100
0.750 0.500 0.500 0.500 0.500 0.250 0.000 0.000 0.000 0.000
0.800 0.600
0.480 0.375
0.300 0.300 0.150 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.348 1.188
0.938 0.688
0.450 0.775 1.900 1.784 1.700 0.230 0.000 0.000 0.000 0.000
0.980 0.910
0.870 0.840
0.790 0.760 0.740 0.680 0.610 0.600 0.600 0.590 0.540 0.532
0.340 0.270
0.220 0.190
0.160 0.160 0.160 0.120 0.100 0.075 0.000 0.000 0.000 0.000
0.690 0.570
0.460 0.100
0.000 0.000 1.456 1.456 1.190 1.112 0.361 0.737 0.586 0.531
4.999 4.372
3.855 3.103
2.444 1.862 3.385 3.159 2.858 2.632 2.444 2.256 2.045 1.956
1.930 1.820
1.350 0.090
0.015 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.560 0.532
0.414 0.328
0.299 0.272 0.247 0.223 0.204 0.183 0.184 0.168 0.154 0.146
1.850 1.580
1.400 1.300
1.220 1.200 1.200 1.110 1.080 1.000 1.000 1.000 0.970 0.960
0.730 0.590
0.450 0.350
0.275 0.125 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.205 0.140
0.090 0.020
0.000 0.020 0.680 0.680 0.680 0.510 0.000 0.000 0.000 0.000
1.425 1.285
1.150 1.055
0.988 0.938 0.890 0.850 0.820 0.820 0.820 0.830 0.820 0.820
0.480 0.350
0.305 0.245
0.200 0.200 0.200 0.200 0.200 0.000 0.000 0.000 0.000 0.000
2.245 2.021
1.930 1.845
1.700 1.510 1.340 0.300 0.000 0.000 0.000 0.000 0.000 0.000
1.060 0.980
0.900 0.630
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.280 1.170
1.060 0.466
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.530 0.475
0.380 0.330
0.250 0.200 0.200 0.200 0.117 0.033 0.000 0.000 0.000 0.000
0.520 0.440
0.360 0.280
0.200 0.000 0.360 0.360 0.360 0.360 0.360 0.360 0.360 0.360
0.550 0.445
0.360 0.280
0.180 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.400 1.350
1.250 0.500
0.300 0.200 0.900 0.900 0.840 0.681 0.681 0.681 0.681 0.649
1.811 1.468
1.419 1.371
0.726 0.008 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.120 1.020
0.900 0.550
0.040 0.270 0.940 0.860 0.780 0.700 0.620 0.540 0.460 0.390
0.415 0.390
0.330 0.220
0.160 0.240 0.600 0.580 0.410 0.300 0.240 0.240 0.240 0.440
0.880 0.810
0.770 0.720
0.690 0.680 0.680 0.630 0.573 0.448 0.371 0.290 0.248 0.217
0.922 0.706
0.500 0.436
0.384 0.270 0.188 0.179 0.133 0.105 0.107 0.097 0.086 0.085
0.700 0.350
0.200 0.120
0.040 0.220 2.850 2.920 2.440 2.200 2.000 1.800 1.720 1.600
0.400 0.340
0.280 0.230
0.150 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
2.880 2.680
2.350 1.990
1.300 0.040 1.613 1.425 0.450 0.000 0.000 0.000 0.000 0.000
2.678 2.054
1.517 0.932
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
3.088 2.825
2.530 2.258
2.100 2.070 1.845 0.844 0.000 0.000 0.000 0.000 0.000 0.000
0.510 0.390
0.270 0.210
0.050 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.120 0.960
0.810 0.700
0.640 0.640 0.580 0.000 0.000 0.000 0.000 0.000 0.000 0.000

Amounts in Red indicate no increase during year

# Column on right excludes amount normally paid in following year but accelerated; included next year (column o

Dividends Paid by Year

(excluding Special/Extra Dividends)


*A/D=Acceleration/Deceleration (5-year average increase divided by 10-year average increase)

Challengers

(and American Depository Receipts)

Company
Ticker
Name
Symbol
Techne Corp.
TECH
Teekay Offshore Partners LP
TOO
Telenor ASA
TELNY
TELUS Corp.
TU
Terreno Realty Corp.
TRNO
Territorial Bancorp
TBNK
Tesoro Logistics LP
TLLP
TESSCO Technologies Inc.TESS
Texas Roadhouse Inc.
TXRH
Textainer Group Holdings LtTGH
Thor Industries Inc.
THO
Time Warner Cable Inc.
TWC
Time Warner Inc.
TWX
Toro Company
TTC
Tractor Supply Company TSCO
Triangle Capital Corp.
TCAP
Tupperware Brands Corp. TUP
Tyco International Ltd.
TYC
U.S. Bancorp
USB
UDR Inc.
UDR
Union Bankshares Corp. UBSH
Union Pacific
UNP
United Parcel Service Inc. UPS
UnitedHealth Group Inc. UNH
Unum Group
UNM
US Physical Therapy Inc. USPH
Vail Resorts Inc.
MTN
Valero Energy Corp.
VLO
Ventas Inc.
VTR
Viacom Inc. B
VIAB
Visa Inc.
V
Waddell & Reed Financial In
WDR
Walt Disney Company
DIS
Washington Federal Inc. WAFD
Washington Trust Bancorp WASH
In
Waste Connections Inc.
WCN
WD-40 Company
WDFC
Webster Financial Corp. WBS
Weingarten Realty InvestorsWRI
Wells Fargo & Co.
WFC
Wendy's Company
WEN
WesBanco Inc.
WSBC
West Bancorp Inc.
WTBA

5-9 Straight Years Higher Dividends

5/10 DGR DGR DGR DGR


A/D*
1-yr 3-yr 5-yr 10-yr
n/a
3.3
4.7
4.4
n/a
n/a
3.1
2.9
3.7
n/a
n/a 14.4 18.5
n/a
n/a
0.676
6.5
7.7 11.1 16.4
n/a
8.0 21.6
n/a
n/a
n/a 15.4 20.8
n/a
n/a
n/a 19.6 59.5
n/a
n/a
n/a 11.1 17.0 43.1
n/a
n/a 26.7 33.4
n/a
n/a
n/a
2.7 13.7 15.4
n/a
1.128 24.7 28.7 27.9 24.8
n/a 15.4 16.0
n/a
n/a
n/a 12.8 11.3 11.6
n/a
0.733 42.9 26.0 21.7 29.6
n/a 24.5 41.6
n/a
n/a
n/a
4.6
8.5
6.9
n/a
n/a 19.8 30.4 24.8
n/a
0.568 11.1 13.6 12.0 21.1
n/a 11.8 30.8 10.6 (0.1)
n/a
9.7
9.6
1.0 (1.3)
5.649
7.4 27.5 14.1 2.5
1.389 22.0 23.2 27.3 19.7
0.909
8.1
8.8
8.3 9.1
2.016 33.5 31.9 115.8 57.5
1.926 12.7 16.2 14.5 7.5
n/a 20.0 14.5
n/a
n/a
n/a 79.3 69.2
n/a
n/a
0.603 26.1 56.4 13.9 23.0
0.891
8.4
8.8
7.7 8.6
n/a
9.6 16.3
n/a
n/a
n/a 20.9 35.9 30.7
n/a
1.447 21.4 19.3 12.3 8.5
1.287 14.7 29.1 19.7 15.3
n/a 16.7 20.5 16.0 (5.6)
1.195 17.0 10.4
6.9 5.7
n/a 14.5 14.7
n/a
n/a
1.164
9.7
8.0
6.3 5.4
n/a 36.4 67.4 79.7 (1.8)
n/a
6.6
5.7
0.4 (2.4)
5.918
17.4 41.2 22.5
3.8
n/a 13.9 36.8 27.9 (2.3)
n/a 13.2 12.7 -2.6 (1.4)
n/a 16.7 30.6 40.3 (2.4)

(DGR=Dividend Growth Rate)

2014 2013 # 2012 2011 # 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
1.250 1.210
1.140 1.090
1.050 1.010 0.250 0.000 0.000 0.000 0.000 0.000 0.000 0.000
2.154 2.088
2.038 1.975
1.875 1.800 1.650 1.135 0.000 0.000 0.000 0.000 0.000 0.000
3.513 3.072
2.455 2.113
1.135 0.000 2.032 1.234 0.967 0.696 0.000 0.000 0.000 0.000
1.364 1.281
1.177 1.091
0.933 0.808 0.863 0.678 0.487 0.375 0.300 0.276 0.300 0.700
0.540 0.500
0.440 0.300
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.600 0.520
0.440 0.340
0.240 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
2.413 2.018
1.605 0.595
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.800 0.720
0.690 0.500
0.367 0.133 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.570 0.450
0.350 0.240
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.880 1.830
1.630 1.280
0.990 0.920 0.890 0.200 0.000 0.000 0.000 0.000 0.000 0.000
0.960 0.770
0.630 0.450
0.310 0.280 0.280 0.280 0.260 0.140 0.105 0.035 0.020 0.020
3.000 2.600
2.240 1.920
1.600 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.244 1.103
0.998 0.902
0.816 0.720 0.720 0.676 0.604 0.288 0.000 0.000 0.000 0.000
0.800 0.560
0.440 0.400
0.360 0.300 0.300 0.240 0.180 0.120 0.060 0.060 0.060 0.060
0.610 0.490
0.360 0.215
0.140 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
2.260 2.160
2.020 1.770
1.650 1.620 1.440 0.980 0.000 0.000 0.000 0.000 0.000 0.000
2.660 2.220
1.380 1.200
1.000 0.880 0.880 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.700 0.630
0.523 0.477
0.413 0.398 0.323 0.298 0.298 0.298 0.103 0.103 0.103 0.103
0.950 0.850
0.710 0.425
0.200 0.575 1.700 1.600 1.320 1.200 0.960 0.810 0.763 0.733
1.015 0.925
0.875 0.770
0.725 0.965 1.320 1.303 1.238 1.193 1.163 1.133 1.103 1.078
0.580 0.540
0.370 0.280
0.250 0.300 0.740 0.725 0.630 0.515 0.453 0.400 0.347 0.307
1.805 1.480
1.245 0.965
0.600 0.540 0.465 0.338 0.300 0.300 0.300 0.230 0.200 0.200
2.680 2.480
2.280 2.080
1.880 1.800 1.800 1.680 1.520 1.320 1.120 0.920 0.760 0.760
1.405 1.053
0.800 0.613
0.405 0.030 0.030 0.030 0.030 0.015 0.015 0.008 0.008 0.008
0.620 0.550
0.470 0.395
0.350 0.315 0.300 0.300 0.300 0.300 0.300 0.373 0.590 0.590
0.480 0.400
0.360 0.320
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.453 0.810
0.713 0.300
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.050 0.833
0.594 0.274
0.183 0.548 0.521 0.439 0.274 0.174 0.133 0.096 0.091 0.078
2.965 2.735
2.480 2.300
2.140 2.050 2.050 1.900 1.580 1.440 1.300 1.070 0.950 0.920
1.260 1.150
1.050 0.800
0.300 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.420 0.348
0.248 0.168
0.131 0.110 0.053 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.360 1.120
1.000 0.800
0.760 0.760 0.740 0.660 0.600 0.600 0.600 0.550 0.488 0.350
0.860 0.750
0.600 0.400
0.350 0.350 0.350 0.306 0.266 0.237 0.207 0.207 0.207 0.207
0.420 0.360
0.320 0.240
0.200 0.200 0.840 0.830 0.810 0.773 0.745 0.709 0.673 0.641
1.170 1.000
0.920 0.870
0.840 0.840 0.820 0.790 0.750 0.710 0.670 0.600 0.550 0.510
0.475 0.415
0.370 0.315
0.075 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.360 1.240
1.160 1.080
1.020 1.000 1.000 1.000 0.880 0.860 0.800 0.800 0.940 1.130
0.750 0.550
0.350 0.160
0.040 0.040 1.200 1.170 1.060 0.980 0.900 0.820 0.740 0.670
1.300 1.220
1.160 1.100
1.040 1.275 2.100 1.980 1.860 1.760 1.660 1.560 1.480 1.404
1.350 1.150
0.880 0.480
0.200 0.490 1.300 1.180 1.080 1.000 0.930 0.750 0.550 0.500
0.205 0.180
0.100 0.080
0.065 0.060 0.255 0.320 0.320 0.290 0.260 0.130 0.000 0.000
0.860 0.760
0.680 0.600
0.560 0.980 1.115 1.090 1.055 1.030 0.990 0.955 0.930 0.915
0.490 0.420
0.360 0.220
0.050 0.090 0.640 0.640 0.640 0.640 0.625 0.610 0.600 0.143

Amounts in Red indicate no increase during year

# Column on right excludes amount normally paid in following year but accelerated; included next year (column o

Dividends Paid by Year

(excluding Special/Extra Dividends)


*A/D=Acceleration/Deceleration (5-year average increase divided by 10-year average increase)

Challengers

(and American Depository Receipts)

602

707

Averages for

Averages for

Company
Ticker
Name
Symbol
Western Gas Partners LP WES
Whirlpool Corp.
WHR
Whole Foods Market Inc. WFM
Wi-Lan Inc.
WILN
Williams Partners LP new WPZ
Winmark Corp.
WINA
WPP plc
WPPGY
Wyndham Worldwide Corp.WYN
Xylem Inc.
XYL
Averages:
353

5-9 Straight Years Higher Dividends

1.146

1.183
11.7

12.2
12.8

13.9
13.0 11.3

14.3 12.1

5/10 DGR DGR DGR DGR


A/D*
1-yr 3-yr 5-yr 10-yr
n/a 15.9 16.9 15.7
n/a
2.053 21.1 14.2 10.8 5.3
n/a 20.0 33.9
n/a 12.3
n/a
4.0 29.3
n/a
n/a
n/a 20.8 18.0
n/a
n/a
n/a 21.1 27.9
n/a
n/a
0.756 26.4 23.7 18.4 24.3
n/a 20.7 32.6 54.3
n/a
n/a 10.3 71.8
n/a
n/a
1.597 14.4 17.6 19.4 12.1

(DGR=Dividend Growth Rate)

1.357 1.215

1.332 1.186
1.081 0.945

1.047 0.902
0.799 0.738

0.745 0.682

0.797 0.716 0.622 0.542 0.465 0.414 0.386 0.368

0.761 0.681 0.586 0.504 0.425 0.374 0.348 0.332

2014 2013 # 2012 2011 # 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
2.550 2.200
1.880 1.595
1.390 1.230 0.458 0.000 0.000 0.000 0.000 0.000 0.000 0.000
2.875 2.375
2.000 1.930
1.720 1.720 1.720 1.720 1.720 1.720 1.720 1.360 1.360 1.360
0.480 0.400
0.280 0.200
0.000 0.000 0.300 0.360 0.300 0.235 0.150 0.000 0.000 0.000
0.162 0.156
0.129 0.075
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
2.204 1.825
1.554 1.342
0.204 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.230 0.190
0.150 0.110
0.060 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
2.912 2.303
2.024 1.538
1.262 1.253 1.285 1.204 0.896 0.773 0.331 0.490 0.389 0.204
1.400 1.160
0.920 0.600
0.480 0.160 0.160 0.080 0.000 0.000 0.000 0.000 0.000 0.000
0.512 0.464
0.404 0.101
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
1.191 1.040
0.892 0.732
0.545 0.492 0.674 0.606 0.511 0.443 0.379 0.336 0.309 0.298

Amounts in Red indicate no increase during year

# Column on right excludes amount normally paid in following year but accelerated; included next year (column o

Dividends Paid by Year

(excluding Special/Extra Dividends)


*A/D=Acceleration/Deceleration (5-year average increase divided by 10-year average increase)

Challengers

(and American Depository Receipts)

Challengers

Company
Ticker
Name
Symbol
A. Schulman Inc.
SHLM
Access National Corp.
ANCX
Activision Blizzard Inc.
ATVI
Admiral Group plc
AMIGY
Aetna Inc.
AET
Alexandria Real Estate Equit
ARE
Allete Inc.
ALE
Allied World Assurance Co.AWH
H
Allstate Corp.
ALL
Altera Corp.
ALTR
American Electric Power Co.
AEP
American Financial Group In
AFG
American Water Works
AWK
Ames National Corp.
ATLO
Ametek Inc.
AME
Amgen Inc.
AMGN
Anheuser-Busch InBev SA/N
BUD
Anthem Inc.
ANTM
Apartment Investment & Man
AIV
Applied Industrial Technolog
AIT
Applied Materials Inc.
AMAT
ARM Holdings plc
ARMH
Armanino Foods of Distinctio
AMNF
Arthur J. Gallagher & Co. AJG
Ashford Hospitality Trust AHT
Ashland Inc.
ASH
Assa Abloy AB
ASAZY
Autoliv Inc.
ALV
Avago Technologies Ltd. AVGO
Avery Dennison Corp.
AVY
AVX Corp.
AVX
BAE Systems plc
BAESY
Balchem Inc.
BCPC
Banco Latinoamericano DeBLX
C
Bank of Nova Scotia
BNS
Barclays plc
BCS
Barrett Business Services InBBSI
Baxter International Inc.
BAX
BB&T Corp.
BBT
BioMed Realty Trust Inc. BMR
BlackRock Inc.
BLK
Bob Evans Farms
BOBE
Bristol-Myers Squibb Co. BMY

2000
0.540
0.000
0.000
0.000
0.100
1.720
1.072
0.000
0.680
0.000
2.400
0.667
0.000
0.000
0.036
0.000
0.000
0.000
2.800
0.213
0.000
0.000
0.005
0.460
0.000
0.891
0.000
0.440
0.000
1.110
0.140
0.507
0.010
1.250
0.000
0.829
0.000
0.290
0.860
0.000
0.000
0.360
0.933

5-9 Straight Years Higher Dividends mn on left)

(and American Depository Receipts)

16 yrs
'99-'14
1999 RegDivs
0.500 9.710
0.000 1.470
0.000 0.885
0.000 6.697
0.100 3.460
1.660 36.220
1.059 23.639
0.000 3.355
0.600 16.200
0.000 2.530
2.400 29.850
0.667 8.794
0.000 6.240
0.000 9.323
0.027 1.751
0.000 6.320
0.000 9.503
0.000 5.400
2.500 31.307
0.213 7.977
0.000 2.700
0.000 1.352
0.000 0.453
0.400 16.600
0.000 3.388
0.855 14.416
0.000 1.718
0.440 17.340
0.000 3.190
0.990 20.550
0.130 3.098
0.464 13.632
0.007 1.264
0.960 13.220
0.000 20.854
0.746 17.409
0.000 3.500
1.160 15.300
0.750 18.040
0.000 9.950
0.000 43.140
0.360 10.370
0.819 18.822
vs.

2013
vs.

2012
vs.

2011
vs.

2010
vs.

2009
vs.

2008
vs.

2007
vs.

2006
vs.

2005
vs.

2004
vs.

2003
vs.

2002
vs.

2001
vs. (simpleStandard

2000 Mean

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 average)
Deviation
2.5
5.4 17.3
5.0
0.8
0.8
2.6
0.0
0.0
7.4
0.0
0.0
0.0
0.0
8.0
3.3
4.6
22.0 64.0 92.3 225.0
0.0
0.0
0.0 100.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 33.6 61.6
5.3
5.6
9.1 10.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2.0
3.5
12.0 14.3
7.4 81.5 45.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 10.7 22.2
12.5 14.3 16.7 1400.0
0.0
0.0
0.0
0.0 100.0 100.0
0.0
0.0
0.0
0.0
0.0 109.6 346.5
13.3 23.3 11.0 30.0
0.0
0.0
5.3
6.4
5.2
9.8 15.1
8.2
8.3
5.2
3.6
9.6
7.9
3.2
3.3
3.4
1.1
0.0
2.3
4.9 13.1 16.5
8.4
1.5
2.9
2.6
0.0
1.2
4.3
4.6
34.7 25.0 33.3 40.6
8.1
2.8 14.3 320.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 31.9 78.3
12.0 13.6
4.8
5.0
0.0
0.0
7.9
8.6
9.4 14.3 21.7
9.5 10.5 11.8 13.3
9.5
5.4
32.0 38.9 28.6 27.3 10.0
5.3 58.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 13.4 18.2
4.1
3.7
1.6
8.2
4.3
0.0
3.8
5.3
5.6
1.4
0.0
0.0
0.0
0.0
0.0
2.5
2.6
13.0 11.8
8.7 15.2 10.6
4.0 25.0
8.7 10.4
0.0
0.0
0.0
0.0
0.0
0.0
7.2
7.2
11.0 13.5
6.7
4.7
4.9 105.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
9.7 25.8
11.1
8.6 16.0 16.3
0.0
0.0
3.7
3.9 12.8 44.2
5.6
9.8
0.0
0.0
0.0
8.8 11.0
25.0
9.1 37.5 33.3 12.5
0.0
0.0 33.3 12.5
0.0 100.0
0.0
0.0
0.0 33.3 19.8 25.7
29.8 30.6 157.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 14.5 39.5
7.0 94.1 32.1 139.2
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 18.2 40.3
16.7 30.4 15.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4.1
8.8
8.3 26.3 58.3 20.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
5.1 11.4 12.0
9.4 15.3
8.7
9.5 13.5 15.6
6.7
0.0 11.1 17.4 35.3 47.8
7.8
0.0
0.0
0.0
0.0 11.6 13.3
2.6 11.4 12.9 14.8 12.5
0.0
4.3 27.8 100.0
0.0
0.0
0.0
0.0
0.0
0.0 12.4 24.7
31.9 28.0 20.6 38.9 14.3
0.0 43.6 84.4 15.2
0.0
0.0
0.0
0.0
0.0
0.0 18.5 23.2
26.9
8.3 14.3 27.3 10.0
4.3 10.6
6.1 22.5
0.0
0.0
0.0 11.1 260.0
0.0 26.8 63.0
2.9
2.9
3.0
3.1
0.0
0.0
3.2
3.3
7.1 12.0 38.9 24.1 11.5 13.0 15.0
9.4 10.2
52.2
9.3 43.4
0.0
0.0
0.0
1.2
3.8 21.2 120.0
0.0
0.0
0.0
0.0
0.0 16.7 32.0
9.2 46.5 25.9 28.6 75.0
0.0
0.0
0.0
9.8 10.9
0.0
0.0
0.0
1.4
4.2 14.1 21.0
9.2 19.8
2.8 28.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4.0
8.4
6.0
5.8
9.2 166.2 209.5
0.0
3.9 13.2 16.2 51.9 42.6 22.7
0.0
0.0
0.0 36.5 61.7
39.8 44.3 52.5 471.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 40.5 116.6
17.5
5.6
8.0 25.0
0.0
0.0
1.9
2.5
2.6
2.7
2.8
7.4
9.8 10.8 12.1
7.2
6.8
11.4 16.7 25.0 37.1
9.4
0.0
1.6
5.0
0.0
0.0
0.0
0.0
3.4
3.6
7.7
8.1 10.4
7.2
3.2
3.5 16.5
0.4
3.5
0.0 17.6 10.8
8.9 15.8
7.8
7.2
0.0
9.4
7.5
5.7
36.4 22.2 20.0 36.4 50.0
0.0 83.3 50.0 50.0 12.5
0.0 23.1
8.4 20.1 51.4 30.9 22.3
16.7 14.3 31.3 70.2
0.0
0.0
3.8 18.9 18.8 20.0
0.0
0.0
0.0 50.4 30.2 18.3 19.9
0.9
7.1
5.5
9.3 13.4
0.0 18.7 21.7
4.0 14.5 31.0 127.0
0.0
0.0
0.0 16.9 30.8
6.1
6.4
6.8 26.3 322.4
0.0
4.4 25.9 10.0 13.3 22.7 26.9 15.6
8.4 11.2 33.8 77.6
33.3 23.9 21.1 15.2
3.1
0.0 10.3 314.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0 28.1 77.2
7.4 29.2 17.3
6.9 11.5 18.2 29.4 16.7
0.0
0.0
0.0
0.0
0.0 100.9
0.0 15.8 24.9
3.3 21.1 18.8
6.7
0.0
0.0
5.7 10.0
9.6
9.0
9.8 10.9 12.2 14.0 14.7
9.7
5.9
6.4 11.2
9.7 28.3
0.0
0.0
7.8
7.0
5.6 620.0
0.0
0.0
0.0
0.0
0.0 46.4 153.5
14.9 12.0
9.1 37.5 28.2
0.0 16.4 59.5 40.0 20.0 150.0
0.0
0.0
0.0
0.0 25.8 37.4
6.0 11.4 16.7 18.4 15.2 13.8
3.6
7.7
8.3
0.0
4.3
9.5 13.5
2.8
0.0
8.7
5.8
3.6
2.9
3.0
3.1
3.2
0.0 10.7
0.0
0.0
0.0
0.0
0.0
5.6 13.7 14.0
4.0
4.8

vs.

2014

Percentage Increase by Year

Challengers

Company
Ticker
Name
Symbol
Broadcom Corp.
BRCM
Broadridge Financial SolutioBR
Brookfield Infrastructure Part
BIP
BT Group plc
BT
CAE Inc.
CAE
Calamos Asset ManagemenCLMS
Calumet Specialty ProductsCLMT
Camden Property Trust
CPT
Cantel Medical Corp.
CMN
Cardinal Financial Corp. CFNL
CBL & Associates PropertiesI
CBL
CBOE Holdings Inc.
CBOE
Ceco Environmental Corp. CECE
Celanese Corp.
CE
Cenovus Energy Inc.
CVE
Chatham Lodging Trust
CLDT
Chemed Corp.
CHE
Chesapeake Lodging TrustCHSP
Chico's FAS Inc.
CHS
Cimarex Energy Co.
XEC
Cisco Systems Inc.
CSCO
Cleco Corp.
CNL
CME Group Inc.
CME
CMS Energy Corp.
CMS
Coach Inc.
COH
Coca-Cola Enterprises Inc. CCE
Cohen & Steers Inc.
CNS
Colony Financial Inc.
CLNY
Columbia Banking System In
COLB
Columbia Sportswear Co. COLM
Comcast Corp.
CMCSA
Comerica Inc.
CMA
Core Laboratories NV
CLB
CoreSite Realty Corp.
COR
Corning Inc.
GLW
CSI Compressco LP
CCLP
CubeSmart
CUBE
Cummins Inc.
CMI
DCP Midstream Partners LP
DPM
DDR Corp.
DDR
DeVry Education Group Inc.DV
Diageo plc
DEO
Discover Financial ServicesDFS

2000
0.000
0.000
0.000
0.000
0.200
0.000
0.000
2.208
0.000
0.000
1.009
0.000
0.000
0.000
0.000
0.000
0.200
0.000
0.000
0.000
0.000
0.845
0.000
1.460
0.000
0.160
0.000
0.000
0.000
0.000
0.000
1.560
0.000
0.000
0.240
0.000
0.000
0.300
0.000
1.430
0.000
1.400
0.000

5-9 Straight Years Higher Dividends mn on left)

(and American Depository Receipts)

16 yrs
'99-'14
1999 RegDivs
0.000 2.000
0.000 4.210
0.000 9.503
0.000 17.754
0.000 1.936
0.000 3.845
0.000 19.045
2.065 38.185
0.000 0.324
0.000 1.090
0.965 19.685
0.000 2.620
0.000 0.640
0.000 2.865
0.000 4.610
0.000 3.385
1.060 6.905
0.000 3.980
0.000 1.110
0.000 3.100
0.000 1.930
0.825 16.120
0.000 11.232
1.390 11.020
0.000 5.025
0.160 5.520
0.000 6.260
0.000 6.160
0.000 4.220
0.000 3.275
0.007 3.500
1.400 23.220
0.000 5.940
0.000 3.720
0.240 2.630
0.000 5.490
0.000 5.561
0.281 13.201
0.000 21.385
1.378 21.963
0.000 1.830
1.395 35.445
0.000 2.760
vs.

2013
vs.

2012
vs.

2011
vs.

2010
vs.

2009
vs.

2008
vs.

2007
vs.

2006
vs.

2005
vs.

2004
vs.

2003
vs.

2002
vs.

2001
vs. (simpleStandard

2000 Mean

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 average)
Deviation
9.1 10.0 11.1 12.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2.8
4.8
20.0 13.6
8.2
7.0 62.9 40.0 108.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 17.3 30.0
11.6 14.7 13.6 20.0
3.8 20.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
5.6
7.7
17.5 14.0 11.1 11.4
9.9
0.0
0.0 38.0 12.7
0.0
0.0
0.0
0.0
0.0
0.0
7.6 10.3
11.8 16.1 11.1 18.2 28.0 17.6 145.9
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 16.6 35.7
10.0 22.0
7.9 26.7 36.4
0.0
0.0 15.8 35.7
0.0
0.0
0.0
0.0
0.0
0.0 10.3 13.2
1.5 17.4 18.6
6.3
1.4
0.0
0.0 89.2
0.0
0.0
0.0
0.0
0.0
0.0
0.0
9.0 22.3
6.5 12.9 13.0
6.7
0.0
0.0
2.2
4.4
3.0
0.0
0.0
1.0
5.1
8.4
6.9
4.7
4.3
22.8 17.4 17.1 20.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
5.2
8.6
47.8 53.3 25.0 50.0 100.0
0.0
0.0
0.0 300.0
0.0
0.0
0.0
0.0
0.0
0.0 38.4 75.8
7.7
4.6
4.8 27.7
0.0
0.0
7.9 10.4 12.5 12.1 10.7 19.1
4.3
4.6
4.6
8.7
7.0
18.2 22.2 22.7 120.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 12.2 30.0
15.0 25.0 220.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 17.3 54.6
77.1 94.4 12.5 33.3 12.5
0.0
0.0
0.0 100.0
0.0
0.0
0.0
0.0
0.0
0.0 22.0 35.6
4.5
7.5
9.4
3.6 289.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 21.0 71.8
9.5 12.0
7.1 300.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 21.9 74.4
10.5 11.8 13.3 15.4 44.4 50.0
0.0
0.0
0.0
0.0
0.0
6.7
2.3 10.0
0.0 11.0 15.2
20.8 11.6
7.5 300.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 22.7 74.4
25.0 14.3
5.0 25.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4.6
8.8
14.8 17.4 21.1 26.7 25.0
0.0 50.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 10.3 14.6
13.8 80.6 100.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 13.0 30.7
9.6
9.6 15.8 15.1
8.3
0.0
0.0
0.0
0.0
0.0
0.0
0.6
2.9
3.0
2.4
4.5
5.5
4.4
0.4 60.0 21.7
0.0
0.0 33.7 36.5 37.0 76.9 85.7
0.0
0.0
0.0
0.0 23.8 29.1
5.9
6.3 14.3 27.3 32.0 38.9 80.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
5.0 14.0 21.7
5.9 21.4 40.0 66.7 200.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 22.3 51.1
25.0 25.0 25.5 30.8 30.0
7.1 16.7
0.0 50.0
0.0
0.0
0.0
0.0
0.0
0.0 14.0 15.6
7.5 11.1 20.0 50.0 100.0
0.0
0.0 66.7
9.1 120.0
0.0
0.0
0.0
0.0
0.0 25.6 38.4
1.4
1.4
8.7 84.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
6.4 20.9
31.7 20.6 54.5 450.0
0.0
0.0
0.0 15.8 46.2 51.4 80.3
0.0
0.0
0.0
0.0 50.0 109.8
25.3
3.4
2.3 16.2 12.1
3.1 10.3 314.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0 25.8 77.4
16.4 22.5 41.0 13.8 43.4 41.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 11.9 16.6
15.2 32.0 25.0 100.0
0.0
0.0
4.4
8.2
6.9
5.3
4.0
5.3
9.3 10.3 11.4 15.8 24.0
56.3 14.3 12.0 316.7 20.0 100.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 34.6 80.1
29.6 50.0 38.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
7.9 16.2
2.6 23.8 40.0 12.5
0.0
0.0 100.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 11.9 26.1
5.6
9.0 259.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 18.2 64.4
18.2 37.5 14.3 180.0
0.0
0.0
0.0
0.0 52.4
0.0
0.0
0.0
0.0
0.0
0.0 20.2 45.5
24.9 25.0 35.8 51.4 25.0 16.7 39.5 30.3 10.0
0.0
0.0
0.0
0.0
0.0
6.7 17.7 16.3
6.6
6.0
5.8
3.9
0.8
1.7 19.5 60.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
7.0 15.2
14.3 19.3 175.0 100.0
0.0
0.0
5.4 12.1
8.5 12.7 17.4
6.6
2.7
2.8
3.8 25.4 46.4
2.9
6.3 33.3 20.0 25.0 33.3 20.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
9.4 12.6
12.4
8.1
6.9
9.8
4.4
0.0
0.0 15.0
6.3
5.8 19.2
5.9 10.7
3.2
0.4
7.2
5.4
24.3 85.0 100.0 150.0
0.0
0.0 300.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 44.0 82.2

vs.

2014

Percentage Increase by Year

Challengers

Company
Ticker
Name
Symbol
Domtar Corp.
UFS
Douglas Dynamics Inc.
PLOW
Douglas Emmett Inc.
DEI
Dow Chemical Company DOW
Dr Pepper Snapple Group DPS
DSW Inc.
DSW
DTE Energy Company
DTE
Dun & Bradstreet Corp.
DNB
DuPont Fabros TechnologyDFT
I
East West Bancorp
EWBC
Eastman Chemical Co.
EMN
Eaton Corp. plc
ETN
EMC Insurance Group Inc. EMCI
Emclaire Financial Corp. EMCF
Enbridge Energy Partners LP
EEP
Endurance Specialty Holding
ENH
EnLink Midstream LLC
ENLC
EnLink Midstream PartnersENLK
L
Ensign Group Inc.
ENSG
EPR Properties
EPR
Equifax Inc.
EFX
Escalade Inc.
ESCA
Estee Lauder Companies Inc.
EL
Ethan Allen Interiors Inc. ETH
Evercore Partners Inc.
EVR
Excel Trust Inc.
EXL
Exterran Partners LP
EXLP
Extra Space Storage Inc. EXR
FBL Financial Group Inc. FFG
Fifth Third Bancorp
FITB
Financial Institutions Inc. FISI
Finish Line Inc. (The)
FINL
First American Financial Corp
FAF
First Defiance Financial Corp
FDEF
First Financial Bankshares In
FFIN
First Interstate BancsystemFIBK
I
Flir Systems Inc.
FLIR
Flowserve Corp.
FLS
FMC Corp.
FMC
FNB Bancorp
FNBG
Foot Locker Inc.
FL
Fox Chase Bancorp Inc. FXCB
Frisch's Restaurants Inc. FRS

2000
0.000
0.000
0.000
1.160
0.000
0.000
2.060
0.278
0.000
0.060
0.880
0.382
0.600
0.000
1.750
0.000
0.000
0.000
0.000
1.740
0.370
0.000
0.100
0.160
0.000
0.000
0.000
0.000
0.360
0.633
0.390
0.000
0.000
0.440
0.202
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.320

5-9 Straight Years Higher Dividends mn on left)

(and American Depository Receipts)

16 yrs
'99-'14
1999 RegDivs
0.000 4.225
0.000 3.715
0.000 4.830
1.160 19.659
0.000 6.370
0.000 1.710
2.060 34.873
0.370 11.928
0.000 4.333
0.045 3.871
0.880 15.165
0.382 14.449
0.600 11.100
0.000 11.450
1.743 30.867
0.000 12.210
0.000 6.197
0.000 16.943
0.000 0.930
1.660 40.208
0.363 5.538
0.167 2.607
0.093 5.293
0.133 6.493
0.000 5.530
0.000 2.665
0.000 14.985
0.000 9.481
0.330 7.315
0.560 12.663
0.080 7.820
0.000 1.680
0.000 1.980
0.400 8.860
0.176 5.993
0.000 2.448
0.000 1.280
0.187 3.413
0.000 2.818
0.000 3.373
0.000 6.285
0.000 0.960
0.290 7.600
vs.

2013
vs.

2012
vs.

2011
vs.

2010
vs.

2009
vs.

2008
vs.

2007
vs.

2006
vs.

2005
vs.

2004
vs.

2003
vs.

2002
vs.

2001
vs. (simpleStandard

2000 Mean

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 average)
Deviation
23.8 23.5 30.8 73.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 10.1 19.9
4.2
1.5
2.2 110.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
7.9 27.4
11.1 24.1 26.1 15.0
0.0
0.0 14.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
6.0
9.2
11.7 12.3 42.5 33.3
0.0
0.0
5.7
8.9
9.0
0.0
0.0
0.0 18.7
0.0
0.0
9.5 12.7
8.8 10.4 17.5 42.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
5.3 11.2
61.3 34.8 130.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 15.1 35.1
4.1
7.0
3.8
6.7
1.4
0.0
0.0
2.9
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.7
2.5
10.0
5.3
5.6
2.9
2.9 13.3 20.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4.0
5.9
44.4 66.7 12.5 20.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
9.6 19.3
20.0 50.0 150.0 300.0
0.0
0.0
0.0 100.0
0.0
0.0
0.0 47.1 126.7
0.0 33.3 55.1 81.3
16.7 15.4
7.8
9.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
3.3
5.8
16.7 10.5 11.8 25.9
8.0
0.0 16.3 16.2 19.4 14.8 17.4
4.5
3.4 11.4
0.0 11.8
7.2
9.3
6.2
5.2
5.5
1.4
0.0
4.3
6.2
6.6
1.7
0.0
0.0
0.0
0.0
0.0
3.1
3.1
10.0 11.1 12.5 14.3
0.0
0.0
9.2
8.2
7.8
8.5
9.3 22.9
0.0
0.0
0.0
7.6
6.4
1.1
0.9
3.0
3.3
2.2
2.1
4.2
0.7
0.0
0.0
0.0
2.8
2.9
0.0
0.4
1.6
1.4
6.3
3.2
3.3 20.0
0.0
0.0
0.0
0.0
0.0 23.5 153.1
0.0
0.0
0.0
0.0 14.0 37.9
59.2
4.3 27.0 428.6
0.0
0.0 45.1 12.8 43.2 72.4
0.0
0.0
0.0
0.0
0.0 46.2 105.0
9.4
1.5 12.0 368.0
0.0
0.0
3.5
7.0 13.9 15.1 78.1
0.0
0.0
0.0
0.0 33.9 91.3
47.0
8.3
9.1 10.0 11.1 12.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
6.5 11.8
8.9
5.8
7.3
5.8
0.0
0.0 10.5 10.4 10.3 11.4 10.8
5.3
4.7
2.9
4.8
6.6
3.7
13.6 22.2 12.5 128.6 75.0
0.0
0.0
0.0
6.7 36.4 37.5
0.0
0.0
0.0
2.1 22.3 34.9
11.8
9.7 24.0 150.0
0.0
0.0 13.6 10.0 33.3
0.0
0.0
0.0
0.0
0.0
0.0 16.8 36.9
13.5
2.8 37.1 40.0 36.4
0.0
0.0 10.0 25.0
0.0 250.0 33.3
0.0
0.0
8.1 30.4 60.6
13.5 15.6 33.3 20.0
0.0
0.0 11.0 10.8 17.5 40.0 55.2 45.0 25.0
0.0 20.0 20.5 16.1
13.2 11.0 10.8 17.5 23.5
6.3 17.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
6.6
7.9
4.1
3.9 14.6 606.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 41.9 150.9
4.1
4.0
4.2
3.5
0.3
6.5 26.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
3.2
6.5
24.8 83.5 41.1 40.0
5.3
0.0
7.2
2.5
0.0 168.6
0.0
0.0
0.0
0.0
0.0 24.9 44.8
169.2 30.0 39.1 15.0
0.0
0.0
4.2
4.3
9.5
5.0
0.0
0.0
0.0 11.1
9.1 19.8 41.5
11.1 32.4 61.9 425.0
0.0
0.0
0.0
6.4
9.1 14.4 13.6 15.8 25.0 20.0 13.1 43.2 103.2
7.0 31.5 22.7 10.0
0.0
0.0 35.7 27.3
0.0
0.0
0.0 16.4 17.0 20.5 387.5 38.4 94.1
14.3 16.7 20.0 25.0 33.3 100.0 20.0
0.0
0.0 100.0
0.0
0.0
0.0
0.0
0.0 22.0 32.4
75.0 60.0 25.0 100.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 17.3 32.0
56.3 100.0 300.0
0.0
0.0
0.0
4.0
4.2
9.1 10.0 33.3 15.4
8.3
9.1 10.0 37.3 74.9
5.9
4.1
5.0
2.9
0.0
3.0
6.5
6.9
8.4
9.7 10.2 13.5 15.2 11.9 14.5
7.9
4.4
18.5 12.5
6.7 33.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4.7
9.4
11.1 28.6 16.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
3.8
8.2
14.8 15.7 12.0
9.6
7.5 17.8 100.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 11.8 24.5
8.3 56.5 20.0 15.0
0.0
8.7 17.9 44.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0 11.4 17.0
22.5 51.2 19.3 15.5
0.0
0.0
5.0
5.0
5.0 77.8
0.0
0.0
0.0
0.0
0.0 13.4 21.9
10.3 10.6
9.3
7.5
0.0
4.3 15.0 38.9 20.0 25.0 100.0
0.0
0.0
0.0
0.0 16.1 24.9
57.1 75.0 100.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 15.5 31.9
12.1
3.1
4.9 13.0 10.2
2.1
9.1
0.0
0.0
0.0 15.8
5.6
9.1
3.1 10.3
6.6
5.0

vs.

2014

Percentage Increase by Year

Challengers

Company
Ticker
Name
Symbol
G&K Services Inc.
GK
Garmin Ltd.
GRMN
GATX Corp.
GMT
General Electric Co.
GE
General Growth Properties GGP
In
Gildan Activewear Inc.
GIL
Global Partners LP
GLP
Golar LNG Partners LP
GMLP
Group 1 Automotive Inc. GPI
Harley-Davidson Inc.
HOG
HCI Group Inc.
HCI
Heartland Payment Systems
HPY
HEICO Corp.
HEI
Heritage Financial Corp. HFWA
Hershey Company
HSY
Hewlett-Packard Company HPQ
Hillenbrand Inc.
HI
Hill-Rom Holdings Inc.
HRC
Hingham Institution for Savin
HIFS
Home Bancshares Inc.
HOMB
Home Depot Inc.
HD
Home Properties Inc.
HME
Horace Mann Educators Corp
HMN
Horizon Bancorp
HBNC
Hubbell Inc. B
HUB-B
Humana Inc.
HUM
Huntington Bancshares Inc.HBAN
IDEX Corp.
IEX
Independent Bancorp MA INDB
Ingersoll-Rand plc
IR
Interface Inc.
TILE
International Bancshares Co
IBOC
International Paper Co.
IP
Invesco Limited
IVZ
Iron Mountain Inc.
IRM
j2 Global Inc.
JCOM
Janus Capital Group Inc. JNS
JMP Group Inc.
JMP
Johnson Controls Inc.
JCI
Jones Lang Lasalle
JLL
JPMorgan Chase & Co.
JPM
Kennedy-Wilson Holdings InKW
KeyCorp
KEY

2000
0.070
0.000
1.200
0.547
0.524
0.000
0.000
0.000
0.000
0.100
0.000
0.000
0.016
0.305
0.540
0.320
0.000
0.430
0.520
0.000
0.160
2.160
0.420
0.000
1.300
0.000
0.745
0.249
0.400
0.272
0.180
0.292
0.986
0.323
0.000
0.000
0.010
0.000
1.867
0.000
1.233
0.000
1.120

5-9 Straight Years Higher Dividends mn on left)

(and American Depository Receipts)

16 yrs
'99-'14
1999 RegDivs
0.070 4.910
0.000 12.040
1.100 17.740
0.467 12.313
0.499 10.975
0.000 0.658
0.000 18.374
0.000 6.702
0.000 4.100
0.090 8.660
0.000 3.375
0.000 1.775
0.015 0.725
0.280 6.925
0.500 17.355
0.320 5.909
0.000 5.155
0.419 8.174
0.440 12.710
0.000 1.448
0.113 11.647
1.950 39.970
0.358 7.383
0.000 3.713
1.260 23.110
0.000 3.680
0.678 8.653
0.249 7.607
0.400 10.180
0.256 7.046
0.180 1.230
0.176 7.144
0.986 15.293
0.302 7.412
0.000 4.673
0.000 3.345
0.000 1.360
0.000 0.980
1.667 10.207
0.000 3.620
1.060 18.993
0.000 0.870
1.040 13.018
vs.

2013
vs.

2012
vs.

2011
vs.

2010
vs.

2009
vs.

2008
vs.

2007
vs.

2006
vs.

2005
vs.

2004
vs.

2003
vs.

2002
vs.

2001
vs. (simpleStandard

2000 Mean

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 average)
Deviation
24.7 30.1 58.9 32.4 17.2 20.8 33.3 56.5 64.3
0.0
0.0
0.0
0.0
0.0
0.0 22.6 22.5
5.0
2.9
9.4
6.7 100.0
0.0
0.0 50.0 100.0
0.0
0.0
0.0
0.0
0.0
0.0 18.3 34.3
6.5
3.3
3.4
3.6
0.0
3.7 12.5 14.3
5.0
0.0
0.0
0.0
3.2
3.3
9.1
4.5
4.3
15.8 11.8 17.2 38.1
0.0
0.0 10.7 12.0 13.6 10.0
5.3
5.6 12.5 17.1 17.1 12.5
8.8
42.9
3.1 24.0 124.2
0.0
0.0
0.0 10.1 12.8 18.3 23.5 14.6 19.2
9.8
5.2 20.5 29.9
19.4 20.0 33.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4.9 10.1
8.0 13.7
2.9
2.2
0.4
0.0
4.1
9.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2.7
4.1
4.3 15.6 141.8
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 10.8 35.2
7.7 10.2 22.9 380.0
0.0
0.0
0.0
1.8
0.0
0.0
0.0
0.0
0.0
0.0
0.0 28.2 94.2
31.0 35.5 30.5 18.8
0.0
0.0 21.7 30.9 29.6 54.3 107.7 44.4 17.4 15.0 11.1 29.9 25.3
15.8 22.6 72.2 350.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 30.7 87.3
21.4 16.7 50.0 300.0
0.0
0.0 44.0 400.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 55.5 118.0
7.1 29.6 25.0 25.0 12.5 20.0 25.0
0.0 60.0
0.0 10.1
0.0
9.9
4.8
5.0 15.6 15.4
6.3
6.7 130.8
0.0
0.0
0.0
0.0
6.3 11.3 12.7 14.5 17.0 20.5 27.9
8.9 17.5 31.3
12.7 16.0 13.0
7.8
7.6
0.0
4.8 10.2 10.8 11.4 15.6 14.7
8.2
7.9
8.0
9.9
4.1
10.1 10.0 26.0 25.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4.7
8.8
1.3
1.3
1.3
1.3
1.3 35.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2.8
8.6
13.5
7.5 13.6
7.3
0.0
0.0
0.0
0.9
0.7
3.0
6.9
0.3 21.0
5.0
2.6
5.5
6.1
3.8
2.9
4.1
6.5
8.2
4.9
1.3
0.0
3.9
5.5
4.3
9.4
8.5 13.5 18.2
6.3
4.5
20.7 28.9 67.9 22.8
0.0 10.5
0.0 425.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0 38.4 105.0
20.5 34.5 11.5
7.0
5.4
2.4
0.0 33.3 68.8 23.1 25.0 23.8 23.5
6.3 41.2 21.8 17.5
4.3
6.1
6.5
6.9
0.0
1.1
1.5
1.6
1.6
1.6
1.6
1.7
4.3
6.9 10.8
3.8
3.0
17.9 41.8 19.6 31.4 47.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 17.5 11.7 16.2
17.1 16.0 15.2
1.5
0.0
6.3 10.4
3.6
7.7
8.3 12.5 42.2
0.0
0.0
0.0
9.4 10.6
11.4 10.1 10.5
5.6
2.9
2.9
3.0
0.0
0.0
0.0
0.0
0.0
0.0
1.5
3.2
3.4
4.0
3.8
3.9 104.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
7.4 25.8
11.1 12.5 128.6 75.0
0.0
0.0
0.0
8.3 16.3 14.5 10.7
2.3
0.0
2.0 10.0 19.4 34.2
20.2 15.6 16.7 15.8 18.8
0.0
4.3 21.1 18.8 13.4 13.4
0.0
0.0
0.0
0.0 10.5
8.3
8.0
6.1
9.3
4.2
0.0
1.4
6.0
6.3
6.8
7.3
7.8
8.5
9.3
7.5
0.0
5.9
3.0
49.0 31.2 33.3 71.4
0.0
0.0
0.0
5.9 19.3 29.5 22.2
5.9
0.0
0.0
6.3 18.3 20.7
27.3 22.2 12.5 86.0 258.3
0.0 50.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 30.4 65.4
20.9
7.5
5.3
5.6
5.9
0.0
1.8
1.9
4.5
4.7 18.5 52.9
7.8
2.0 65.6 13.7 18.9
16.8 14.8 11.5 144.3 20.9
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 13.9 35.6
15.0 32.4 34.0 10.4
6.1
0.0 39.8
7.8
3.6
1.8
0.0
5.9 11.3
4.3
6.9 12.0 12.4
38.0
3.8 18.9 366.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 28.5 91.0
12.3 12.1 114.8
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
9.3 28.5
14.8 17.4 53.3 275.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 150.0 100.0
0.0 40.7 76.0
55.2
7.4 28.6 90.9 37.5
0.0 166.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 25.7 45.8
15.8
5.6 12.5 23.1
0.0
0.0 18.2 17.9 12.0 11.1 25.0
9.1
6.4
0.0 12.0 11.2
7.7
9.1 10.0 33.3 50.0
0.0
0.0 25.0 140.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 17.8 35.8
14.7 18.3 43.8 300.0
0.0
0.0
5.6
5.9
0.0
0.0
0.0
0.0
1.5
8.7 16.3 27.6 73.7
30.8 36.8 137.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 13.7 35.0
16.3 19.4 80.0 150.0
0.0
0.0
0.0
5.8
6.2
4.8
1.6
1.7
1.7
5.4
7.7 20.0 39.8

vs.

2014

Percentage Increase by Year

Challengers

Company
Ticker
Name
Symbol
Kimco Realty Corp.
KIM
Kinder Morgan Inc.
KMI
KLA-Tencor Corp.
KLAC
Kohlberg Kravis Roberts & C
KKR
Kohl's Corp.
KSS
Kroger Company
KR
L Brands Inc.
LB
Lakeland Bancorp Inc.
LBAI
LaSalle Hotel Properties LHO
Lazard Limited
LAZ
Lear Corp.
LEA
LegacyTexas Financial Grou
LTXB
LeMaitre Vascular Inc.
LMAT
Lennox International Inc. LII
Lexington Realty Trust
LXP
Lincoln National Corp.
LNC
Lithia Motors Inc.
LAD
Littelfuse Inc.
LFUS
Lorillard Inc.
LO
Macerich Company
MAC
Macquarie Infrastructure Comp
MIC
Magna International Inc. MGA
Maiden Holdings Ltd.
MHLD
Main Street Capital Corp. MAIN
Malaga Financial Corp.
MLGF
ManpowerGroup Inc.
MAN
Marathon Oil Corp.
MRO
MarketAxess Holdings Inc. MKTX
MarkWest Energy Partners MWE
L
Marriott International Inc. MAR
Marsh & McLennan Compan
MMC
Mattel Inc.
MAT
McKesson Corp.
MCK
Mead Johnson Nutrition Co.MJN
Medallion Financial Corp. TAXI
Methanex Corp.
MEOH
Mid-America Apartment Commu
MAA
MidWest One Financial Grou
MOFG
Miller Industries Inc.
MLR
Monarch Financial HoldingsMNRK
Montpelier Re Holdings Ltd.MRH
Moody's Corp.
MCO
Morningstar Inc.
MORN

2000
0.887
0.000
0.000
0.000
0.000
0.000
0.300
0.151
1.530
0.000
0.000
0.000
0.000
0.380
1.245
1.160
0.000
0.000
0.000
2.060
0.000
0.600
0.000
0.000
0.000
0.200
0.262
0.000
0.000
0.112
0.960
0.360
0.240
0.000
1.220
0.000
2.320
0.000
0.000
0.000
0.000
0.023
0.000

5-9 Straight Years Higher Dividends mn on left)

(and American Depository Receipts)

16 yrs
'99-'14
1999 RegDivs
0.790 16.472
0.000 5.340
0.000 9.680
0.000 5.430
0.000 5.240
0.000 3.805
0.300 10.040
0.000 4.019
1.510 16.210
0.000 5.727
0.000 2.540
0.000 2.066
0.000 0.405
0.085 8.445
1.225 16.606
1.100 15.640
0.000 4.270
0.000 3.350
0.000 11.770
1.965 36.385
0.000 17.303
0.445 12.050
0.000 2.010
0.000 11.880
0.000 4.095
0.200 8.830
0.251 7.573
0.000 2.310
0.000 28.630
0.077 4.277
0.850 14.720
0.340 11.090
0.240 7.140
0.000 6.325
1.039 10.509
0.000 7.010
2.300 39.350
0.000 2.620
0.000 2.260
0.000 0.959
0.000 6.195
0.000 5.660
0.000 1.780
vs.

2013
vs.

2012
vs.

2011

2013 2012 2011 2010


7.1 10.5
5.6 12.5
9.0 16.4 81.1
0.0
11.8 13.3 25.0 50.0
25.3 92.9 18.3 208.7
11.4
9.4 28.0
0.0
10.6 24.2 15.1 10.3
13.3 20.0 25.0 33.3
7.9 15.3
9.5 18.5
48.9 41.9 40.9 214.3
26.3 25.0 25.6 21.0
17.6 21.4 12.0
0.0
14.3 40.0 50.0 32.1
17.4 21.1 58.3
0.0
22.7 18.9
7.2 16.9
11.7 14.3 14.1 15.0
33.3 50.0 60.0 400.0
24.5 32.4 42.3 73.3
11.9 10.5 15.2 340.0
11.8
6.5 19.2 22.4
6.4
5.8
8.8 31.4
21.0 82.5 185.4
0.0
18.8 16.4 10.0 96.1
22.2 12.5 10.3 11.5
7.3
8.8
9.6
4.0
16.7 20.0 25.0 11.1
6.5
7.0
7.5
8.1
11.1
5.9 13.7
1.3
23.1 18.2 22.2 28.6
4.8
5.7 14.9
7.4
20.3 30.6 30.5 91.6
10.4
6.7
4.7
6.2
5.6 16.1 34.8 10.8
9.1 10.0
2.6 18.2
11.0 13.8 15.4 14.9
6.7
7.2 18.6 16.7
21.0
8.3
9.0
7.3
5.0
5.3
5.2
2.0
16.0 38.9 63.6 10.0
7.1
7.7
8.3 380.0
29.2 51.3 19.0 14.3
25.0
9.5
5.0 11.1
24.4 40.6 19.6 27.4
36.0 25.0 100.0
0.0

vs.

2014
vs.

2009
vs.

2008
vs.

2007
vs.

2006
vs.

2005
vs.

2004
vs.

2003
vs.

2002
vs.

2001
vs. (simpleStandard

2000 Mean

2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 average)
Deviation
0.0
0.0 10.8
9.6
8.4
9.2
5.6
3.8
8.3
8.3 12.2
7.5
3.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
7.1 20.3
33.3
0.0 11.1 12.5 33.3
0.0
0.0
0.0
0.0
0.0
0.0 12.7 15.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 23.0 54.9
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
3.3
7.5
6.8
5.8 19.0 48.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
9.4 13.0
0.0
0.0
0.0
0.0
0.0 25.0 20.0 33.3
0.0
0.0
0.0 11.3 13.0
0.0
0.0
5.0
3.7
1.3
0.0
6.3 10.7 14.2 54.6
0.0
9.8 13.3
21.7
0.0
0.0 26.3 43.4 19.1
0.0 308.3
0.0
0.0
1.3 51.1 86.1
11.1 12.5 11.1
0.0 153.5
0.0
0.0
0.0
0.0
0.0
0.0 19.1 37.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
3.4
7.0
0.0
0.0 45.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 12.1 18.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
6.5 15.3
5.4
0.0
7.7 18.2 10.0
5.3
0.0
0.0
0.0
0.0 347.1 30.6 84.9
3.6
0.0
0.0
2.7
1.4
2.9
4.5
1.5
3.9
2.0
1.6
5.3
5.3
0.0
0.0
5.1
3.9
4.1
4.3
4.5
4.7
4.9
5.2
5.5 39.0 98.2
0.0
0.0
0.0
7.7 30.0 33.3 114.3
0.0
0.0
0.0
0.0 23.9 32.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 25.2 84.3
10.7 108.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 11.9 26.9
59.2
0.0
9.2
6.5
4.6
6.0
6.9
4.5
3.7
3.9
4.8 10.8 14.6
0.0
0.0
0.0 14.9 38.3
0.0
0.0
0.0
0.0
0.0
0.0 22.8 48.7
466.7
0.0
9.6
0.0
0.0
2.7
8.8
0.0
0.0 13.3 34.8 45.1 115.1
8.3 140.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 13.7 34.4
0.0
5.3 331.8
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 24.4 82.2
12.5
0.0
0.0 11.3 21.1 375.0
0.0
0.0
0.0
0.0
0.0 32.8 91.9
0.0
0.0
7.2 16.9 25.5 56.7 50.0
0.0
0.0
0.0
0.0 12.4 17.6
3.1
0.0
4.3 20.3 20.5 23.3
7.3
4.3
0.0
4.5
4.8
8.3
7.4
300.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 26.1 73.9
0.0
4.9 16.7 16.8 11.9 11.9 23.3 364.0
0.0
0.0
0.0 32.2 89.0
139.0
0.0 17.7 19.3 20.8 21.2 11.9
7.3
7.8
6.2 44.6 31.2 35.8
1.3
0.0
5.3 11.8
0.0
0.0 10.2
8.3
5.8
7.3 12.9
6.0
4.2
10.7
0.0
0.0 15.4 30.0 11.1 12.5 700.0
0.0
0.0
5.9 56.9 172.2
37.5 14.3 75.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 11.1 19.8
75.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
8.7 18.7
0.0
0.0
0.0 15.2 32.0 51.5 230.0
0.0
0.0
0.0 17.4 26.4 56.2
0.0
2.5 11.0 12.4 18.3 46.4 27.3 120.0
0.0
0.0
0.0 18.9 29.7
0.0
0.0
1.7
1.7
1.7
0.0
0.0
0.0
0.0
0.9
0.9
1.6
1.9
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
8.6 17.9
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 26.9 94.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
7.6 14.6
20.0
0.0
0.0
0.0
0.0
4.4
0.0
0.0
0.0
0.0
0.0
5.0
7.8
5.0
0.0 25.0 14.3 38.3 35.0 66.7
0.0
0.0 300.0
0.0 39.8 72.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 10.7 26.1

vs.

2010

Percentage Increase by Year

Challengers

Company
Ticker
Name
Symbol
Movado Group Inc.
MOV
Myers Industries Inc.
MYE
National American University
NAUH
National Oilwell Varco Inc. NOV
Neenah Paper Inc.
NP
Newell Rubbermaid Inc. NWL
NGL Energy Partners LP NGL
Nordstrom Inc.
JWN
Northrim BanCorp Inc.
NRIM
Northwest Bancshares Inc. NWBI
OGE Energy Corp.
OGE
Omnicare Inc.
OCR
Omnicom Group Inc.
OMC
Oracle Corp.
ORCL
Orange County Bancorp Inc.
OCBI
Oritani Financial Corp.
ORIT
Oxford Industries Inc.
OXM
Packaging Corp of AmericaPKG
Patterson Companies Inc. PDCO
PCTEL Inc.
PCTI
PennyMac Mortgage Investme
PMT
Penske Automotive Group In
PAG
PetMed Express Inc.
PETS
Pfizer Inc.
PFE
Philip Morris International PM
Pioneer Bankshares Inc. PNBI
PNC Financial Services Grou
PNC
PolyOne Corp.
POL
Portland General Electric Co
POR
Preferred Apartment Commu
APTS
Primerica Inc.
PRI
Principal Financial Group Inc.
PFG
ProAssurance Corp.
PRA
Provident Financial Holdings
PROV
Provident Financial Services
PFS
Prudential Financial Inc. PRU
Public Storage
PSA
QNB Corp.
QNBC
Quaint Oak Bancorp Inc. QNTO
Quaker Chemical Corp.
KWR
Ralph Lauren Corp.
RL
Reinsurance Group of Ameri
RGA
Reliance Steel & AluminumRS
C

2000
0.050
0.148
0.000
0.000
0.000
0.840
0.000
0.175
0.165
0.071
0.665
0.093
0.350
0.000
0.000
0.000
0.420
0.000
0.000
0.000
0.000
0.000
0.000
0.360
0.000
0.000
1.830
0.063
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.880
0.446
0.000
0.790
0.000
0.000
0.110

5-9 Straight Years Higher Dividends mn on left)

(and American Depository Receipts)

16 yrs
'99-'14
1999 RegDivs
0.048 2.458
0.134 3.791
0.000 0.688
0.000 3.735
0.000 5.040
0.800 10.795
0.000 6.304
0.160 8.990
0.157 6.630
0.071 4.748
0.665 11.425
0.090 3.150
0.300 11.100
0.000 1.720
0.000 10.150
0.000 2.875
0.420 8.610
0.000 10.713
0.000 2.680
0.000 0.450
0.000 9.490
0.000 3.510
0.000 3.070
0.307 12.267
0.000 18.800
0.000 4.690
1.680 27.790
0.000 1.423
0.000 8.680
0.000 2.260
0.000 1.280
0.000 8.860
0.000 2.825
0.000 4.103
0.000 4.970
0.000 13.785
0.880 40.650
0.381 12.915
0.000 1.000
0.765 14.250
0.000 7.000
0.000 4.710
0.090 6.560
vs.

2013
vs.

2012
vs.

2011
vs.

2010
vs.

2009
vs.

2008
vs.

2007
vs.

2006
vs.

2005
vs.

2004
vs.

2003
vs.

2002
vs.

2001
vs. (simpleStandard

2000 Mean

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 average)
Deviation
46.2 44.4 100.0
0.0
0.0
0.0
6.7 30.4 21.1 26.7 66.7 50.0
0.0 20.0
5.3 27.8 28.3
33.3 12.5 14.3
7.7
8.3
0.0 10.3
7.4
1.3
7.3
2.5
2.0
9.5 10.0 10.0
9.1
7.6
9.1 20.0 14.6 41.2
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
5.7 11.3
97.3 85.7
8.9
9.8 310.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 34.1 79.8
45.7 45.8
9.1 10.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
7.4 15.4
10.0 39.5 48.3 45.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
5.0
9.9 17.5
17.2 23.5 212.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 16.9 52.7
10.0 11.1 17.4 21.1 18.8
0.0 18.5 28.6 31.3 33.3 17.1
7.9
5.6
2.9
9.4 15.5
9.8
9.4 14.3 12.0 13.6 10.0
0.0 19.0 28.4 12.1 11.8
0.0 90.0 10.0
0.0
5.0 15.7 21.1
4.0
4.2 11.6
7.5
2.3
0.0
4.8 20.0 29.6 22.7 22.2 28.6 40.0 25.0
0.0 14.8 12.3
10.8
6.4
4.7
3.4
2.1
2.2
2.2
2.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2.3
3.0
32.3 47.6 173.9 35.3 21.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
3.7 20.9 43.7
20.0 30.4 21.1 26.7 25.0
0.0
9.1 12.8
8.3
2.9
9.4
0.0
6.7
7.1 16.7 13.1
9.4
14.3 75.0
4.3 15.0 33.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
9.5 19.7
5.8
1.3
5.6
5.9
1.5
1.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.4
2.2
3.7 17.4 35.3 30.8 85.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 11.5 22.9
17.4 19.0 16.0 19.0
0.0
0.0
0.0 20.0 11.1 12.5 14.3
0.0
0.0
0.0
0.0
8.6
8.4
17.4 43.4 26.7 25.0
0.0
0.0 20.0
0.0 11.1 50.0
0.0
0.0
0.0
0.0
0.0 12.9 16.4
22.6 14.8 17.4 53.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
7.2 14.4
14.3 16.7 300.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 22.1 74.5
4.4
2.7 20.7 139.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 11.1 34.6
25.8 34.8 91.7
0.0
0.0
0.0 20.0 11.1 20.0
9.8 310.0
0.0
0.0
0.0
0.0 34.9 77.1
6.3
6.7 20.0 11.1 125.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 11.3 30.9
8.3
9.1 10.0 11.1
0.0
0.0 10.3 20.8 26.3 11.8 13.3 15.4 18.2 22.2 17.4 13.0
7.2
11.2 10.4 17.5 13.0
8.2 120.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 12.0 29.4
1.5
9.8
3.4
1.7
1.8
0.0 35.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
3.6
8.9
9.3 11.0 46.2 165.0
0.0
0.0
7.0 13.5
7.5
0.0
3.1
1.0
0.0
4.9
8.9 18.5 40.7
39.1 21.1 58.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 300.0
0.0 27.9 74.7
1.8
1.9
1.9
1.9
3.0
4.2
4.3 104.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0
8.2 25.8
7.6 13.3
5.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.7
3.8
9.1 83.3 140.0 400.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 42.2 103.3
34.7 28.9
8.6 27.3 10.0 11.1
0.0 12.5 23.1 18.2 22.2 80.0
0.0
0.0
0.0 18.4 19.8
20.0 100.0 300.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 28.0 76.9
23.5 88.9 125.0 100.0
0.0
0.0
0.0 14.3 12.5 37.7 103.3 200.0
0.0
0.0
0.0 47.0 59.7
7.1
9.8
8.5
6.8
0.0
0.0
4.8
7.7 21.9 33.3 71.4
0.0
0.0
0.0
0.0 11.4 18.4
25.4
8.1 10.3 26.1 64.3 20.7
0.0 21.1 21.8 24.8 25.0 25.0
0.0
0.0
0.0 18.2 16.1
8.7 17.0 20.5 19.7 38.6
0.0 10.0
0.0
5.3
5.6
0.0
0.0 34.3 52.3
0.0 14.1 15.8
3.7
3.8
4.0
4.2
0.0
4.3
4.5
4.8
7.7
8.3
9.1 10.0 13.8 18.1 17.1
7.6
5.1
21.1 22.6 14.8 17.4 15.0 33.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
8.3 10.9
11.1
2.1
2.1
2.2
1.1
1.7
5.2
0.0
0.0
0.6
1.8
0.6
1.8
3.8
3.3
2.5
2.7
12.5 33.3 71.4 75.0 100.0
0.0
0.0
0.0
0.0
0.0 100.0
0.0
0.0
0.0
0.0 26.2 38.1
16.7 28.6 40.0 25.0 33.3 300.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 29.6 73.6
11.1 57.5 66.7 20.0
0.0
0.0 25.0 45.5 15.8 46.2
8.3
0.0
0.0
9.1 22.2 21.8 21.4

vs.

2014

Percentage Increase by Year

Challengers

Company
Ticker
Name
Symbol
Rent-A-Center Inc.
RCII
Resources Connection Inc.RECN
Retail Opportunity Investmen
ROIC
RLJ Lodging Trust
RLJ
Rock-Tenn Company
RKT
Rockwell Automation Inc. ROK
Royal Bank of Canada
RY
Safety Insurance Group Inc.SAFT
Sandy Spring Bancorp Inc. SASR
Schlumberger Limited
SLB
Scotts Miracle-Gro Company
SMG
Scripps Networks Interactive
SNI
Seaspan Corp.
SSW
Sensient Technologies CorpSXT
Service Corp International SCI
Signet Jewelers Limited
SIG
Simon Property Group Inc. SPG
Six Flags Entertainment Corp
SIX
Smith & Nephew plc
SNN
Snap-on Inc.
SNA
Solera Holdings Inc.
SLH
Sotherly Hotels Inc.
SOHO
Southwest Gas Corp.
SWX
SpartanNash Company
SPTN
Spectra Energy Partners LPSEP
St. Jude Medical Inc.
STJ
STAG Industrial Inc.
STAG
Stage Stores Inc.
SSI
Standard Motor Products Inc.
SMP
Starbucks Corp.
SBUX
Starwood Hotels & Resorts HOT
W
Starwood Property Trust Inc.
STWD
State Street Corp.
STT
Steelcase Inc.
SCS
Stock Yards Bancorp Inc. SYBT
Suncor Energy Inc.
SU
SunTrust Banks Inc.
STI
Symetra Financial Corp. SYA
TAL International Group Inc.TAL
Targa Resources Corp.
TRGP
Targa Resources Partners LNGLS
TD Ameritrade Holding Corp
AMTD
TE Connectivity Ltd.
TEL

2000
0.000
0.000
0.000
0.000
0.150
1.020
0.570
0.000
0.540
0.376
0.000
0.000
0.000
0.532
0.000
0.513
1.899
0.000
0.194
0.940
0.000
0.000
0.820
0.000
0.000
0.000
0.000
0.000
0.360
0.000
0.551
0.000
0.330
0.440
0.186
0.085
1.480
0.000
0.000
0.000
0.000
0.000
0.000

5-9 Straight Years Higher Dividends mn on left)

(and American Depository Receipts)

16 yrs
'99-'14
1999 RegDivs
0.000 2.960
0.000 1.040
0.000 2.340
0.000 2.675
0.150 4.360
1.035 19.260
0.470 23.462
0.000 17.740
0.500 10.087
0.376 11.040
0.000 8.650
0.000 3.005
0.000 10.999
0.530 11.104
0.360 2.155
0.080 9.842
1.899 45.167
0.000 5.205
0.000 4.109
0.900 18.710
0.000 2.520
0.000 3.025
0.820 15.150
0.000 2.380
0.000 12.891
0.000 3.570
0.000 3.976
0.000 2.715
0.340 5.380
0.000 1.815
0.487 12.052
0.000 6.802
0.290 9.810
0.440 5.685
0.157 8.350
0.085 4.366
1.380 22.020
0.000 1.400
0.000 14.728
0.000 7.180
0.000 17.559
0.000 1.430
0.000 5.450
vs.

2013
vs.

2012
vs.

2011
vs.

2010
vs.

2009
vs.

2008
vs.

2007
vs.

2006
vs.

2005
vs.

2004
vs.

2003
vs.

2002
vs.

2001
vs. (simpleStandard

2000 Mean

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 average)
Deviation
9.5 31.3 45.5 266.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 23.5 66.3
15.4 18.2 22.2 125.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 12.1 31.1
6.7 13.2 35.9 116.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 11.5 29.6
19.5 27.1 180.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 15.1 44.9
21.3 42.4
3.1 23.1 44.4 12.5
0.0 11.1
0.0
4.3
6.2
6.6
1.7
0.0
0.0 11.8 14.3
14.4 16.8 15.5 21.1 10.3
0.0
0.0 20.2 14.9 27.3
0.0
0.0
0.0
0.0
0.0
9.4
9.4
4.0
9.0
7.2
9.8 11.7
0.0 10.7 33.8 13.1 11.4 17.4 13.2 10.1 21.1 21.3 12.9
7.8
8.3
9.1 10.0 11.1 12.5
0.0 23.1 51.2 43.3 36.4 29.4
0.0
0.0
0.0
0.0 15.6 16.5
18.8 33.3 41.2 750.0
0.0
0.0
4.3
4.5
4.8
7.7
5.4
7.2 13.7 12.3
8.0 60.8 184.6
24.7 12.8 12.0 14.3
0.0
4.3 23.8 35.4 17.4
8.8
0.0
0.0
0.0
0.0
0.0 10.2 10.9
16.4 22.0 13.6 46.7 50.0
0.0
0.0
0.0 100.0
0.0
0.0
0.0
0.0
0.0
0.0 16.6 27.7
33.3 25.0 28.0 25.0
0.0 100.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 14.1 26.0
13.5 26.7 36.4 52.8
0.0
0.0
6.5
4.9 639.1
0.0
0.0
0.0
0.0
0.0
0.0 52.0 157.7
7.7
4.6
3.6
6.3
3.9
2.7
8.8 11.5
1.7
0.0
1.7
9.3
1.5
0.0
0.4
4.2
3.6
25.9 22.7 15.8 18.8
0.0
0.0 33.3 20.0 33.3
0.0
0.0
0.0
0.0
0.0
0.0 11.3 12.9
21.1 23.9 360.0
0.0
0.0
0.0
0.0 22.4
7.0 208.3
0.0 25.8 10.3
3.6 540.8 81.5 156.7
14.3 13.4 24.2 26.9 31.3
0.0
7.1 10.5
8.6
7.7
8.3 10.3
4.6
3.0
0.0 11.4
9.1
6.0 34.8 1400.0 500.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 129.4 361.5
5.3 28.5 26.1
9.9 10.0 10.0 10.6
9.4 11.4
0.0
9.6
9.1
5.8
0.0
0.0
9.7
7.9
17.1 12.9
7.7
6.6
1.7
0.0
8.1
2.8
8.0
0.0
0.0
3.1
1.0
2.1
4.4
5.0
4.9
23.7 31.1 28.6 27.3 120.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 15.4 30.5
46.4 55.6 350.0
0.0
0.0
0.0
0.0
0.0 33.3
0.0
0.0
0.0
0.0
0.0
0.0 32.4 86.9
10.9 11.7
9.0
6.8
5.3
5.3
4.7
3.7
0.0
0.0
0.0
1.2
0.0
0.0
0.0
3.9
4.1
37.1 14.8 24.5 22.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
6.6 11.7
11.1
4.7
4.6
8.5 12.6 12.7 346.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 26.7 85.6
8.2
8.9 42.9
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4.0 10.8
9.4 10.4 127.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
9.8 31.6
11.6 25.0 15.2 32.0 25.0
0.0
0.0 71.4 250.0
0.0
0.0
0.0
0.0
0.0
0.0 28.7 62.1
18.2 22.2 28.6 40.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
5.9
7.7 12.6
23.6 23.6 28.6 55.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
8.8 16.1
3.7
8.0 150.0 66.7 50.0
0.0
0.0
7.1 23.3
0.0
0.0
0.0
5.0 17.6 13.3 23.0 38.9
23.4
3.4
3.5 88.9 8903.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 601.5 2218.9
9.8 13.3 63.6 1275.0
0.0
0.0
9.3 10.3 11.4 12.9 14.8 17.4 17.9 18.2 13.8 99.2 314.6
6.4 18.2 50.0 37.5 -33.3 -60.0
3.4 41.5 36.7 25.0
0.0
0.0 -45.5
0.0
0.0
5.3 30.9
8.6
5.2
6.9
4.3
1.5
0.0
7.9
9.9 28.1 20.5 27.9 17.3 14.2 16.8 18.2 12.5
8.5
30.6 41.2 14.7 13.5 42.2 43.6
5.0 34.6 27.3
0.0 10.4 12.5
0.9
0.0
0.0 18.4 16.0
100.0 75.0 66.7 200.0
0.0
0.0
0.0 19.7 10.9 10.0 11.1
4.7
7.5
8.1
7.2 34.7 53.5
17.6 21.4 21.7 53.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
7.6 14.6
7.5 14.0 18.1 53.1 3150.0
0.0 13.2 216.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0 231.5 781.8
30.4 35.4 62.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
8.6 18.3
9.3 11.7 12.1
7.5
1.4 12.2 118.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 11.5 29.0
30.8 44.4 28.6 320.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 28.3 79.2
16.7 18.5 15.7
9.4
0.0 10.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4.7
7.0

vs.

2014

Percentage Increase by Year

Challengers

Company
Ticker
Name
Symbol
Techne Corp.
TECH
Teekay Offshore Partners LP
TOO
Telenor ASA
TELNY
TELUS Corp.
TU
Terreno Realty Corp.
TRNO
Territorial Bancorp
TBNK
Tesoro Logistics LP
TLLP
TESSCO Technologies Inc.TESS
Texas Roadhouse Inc.
TXRH
Textainer Group Holdings LtTGH
Thor Industries Inc.
THO
Time Warner Cable Inc.
TWC
Time Warner Inc.
TWX
Toro Company
TTC
Tractor Supply Company TSCO
Triangle Capital Corp.
TCAP
Tupperware Brands Corp. TUP
Tyco International Ltd.
TYC
U.S. Bancorp
USB
UDR Inc.
UDR
Union Bankshares Corp. UBSH
Union Pacific
UNP
United Parcel Service Inc. UPS
UnitedHealth Group Inc. UNH
Unum Group
UNM
US Physical Therapy Inc. USPH
Vail Resorts Inc.
MTN
Valero Energy Corp.
VLO
Ventas Inc.
VTR
Viacom Inc. B
VIAB
Visa Inc.
V
Waddell & Reed Financial In
WDR
Walt Disney Company
DIS
Washington Federal Inc. WAFD
Washington Trust Bancorp WASH
In
Waste Connections Inc.
WCN
WD-40 Company
WDFC
Webster Financial Corp. WBS
Weingarten Realty InvestorsWRI
Wells Fargo & Co.
WFC
Wendy's Company
WEN
WesBanco Inc.
WSBC
West Bancorp Inc.
WTBA

2000
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.020
0.000
0.173
0.060
0.000
0.000
0.000
0.103
0.664
1.068
0.267
0.200
0.680
0.004
0.590
0.000
0.000
0.073
0.910
0.000
0.000
0.350
0.207
0.609
0.470
0.000
1.280
0.620
1.333
0.450
0.000
0.890
0.000

5-9 Straight Years Higher Dividends mn on left)

(and American Depository Receipts)

16 yrs
'99-'14
1999 RegDivs
0.000 7.000
0.000 14.715
0.000 17.219
0.000 10.630
0.000 1.780
0.000 2.140
0.000 6.630
0.000 3.210
0.000 1.610
0.000 9.620
0.020 4.580
0.000 11.360
0.173 8.417
0.060 4.060
0.000 1.815
0.000 13.900
0.000 10.220
0.099 4.975
0.601 14.060
1.057 16.927
0.200 6.903
0.200 9.368
0.300 24.060
0.010 4.461
0.590 6.933
0.000 1.560
0.000 3.275
0.073 5.434
0.390 27.180
0.000 4.560
0.000 1.476
0.350 11.088
0.052 5.556
0.558 8.928
0.430 11.940
0.000 1.650
1.280 16.830
0.470 10.520
1.262 23.495
0.393 12.683
0.000 2.265
0.870 14.280
0.000 6.167
vs.

2013
vs.

2012
vs.

2011
vs.

2010
vs.

2009
vs.

2008
vs.

2007
vs.

2006
vs.

2005
vs.

2004
vs.

2003
vs.

2002
vs.

2001
vs. (simpleStandard

2000 Mean

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 average)
Deviation
3.3
6.1
4.6
3.8
4.0 304.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 21.7 75.5
3.1
2.5
3.2
5.3
4.2
9.1 45.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4.9 11.1
14.4 25.1 16.2 86.1
0.0
0.0 64.6 27.6 38.9
0.0
0.0
0.0
0.0
0.0
0.0 18.2 25.8
6.5
8.8
7.9 16.9 15.5
0.0 27.4 39.3 29.7 25.0
8.9
0.0
0.0
0.0
0.0 12.4 12.3
8.0 13.6 46.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4.6 11.9
15.4 18.2 29.4 41.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
7.0 12.7
19.6 25.7 169.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 14.3 42.2
11.1
4.3 38.0 36.4 174.9
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 17.6 43.8
26.7 28.6 45.8
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
6.7 14.0
2.7 12.3 27.3 29.3
7.6
3.4 345.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 28.5 85.1
24.7 22.2 40.0 45.2 10.7
0.0
0.0
7.7 85.7 33.3 200.0 75.0
0.0
0.0
0.0 36.3 51.1
15.4 16.1 16.7 20.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4.5
7.6
12.8 10.6 10.6 10.6 13.3
0.0
6.4 11.9 110.0
0.0
0.0
0.0
0.0
0.0
0.0 12.4 26.6
42.9 27.3 10.0 11.1 20.0
0.0 25.0 33.3 50.0 100.0
0.0
0.0
0.0
0.0
0.0 21.3 26.6
24.5 36.1 67.4 53.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 12.1 21.8
4.6
6.9 14.1
7.3
1.9 12.5 46.9
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
6.3 11.8
19.8 60.9 15.0 20.0 13.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
8.6 15.9
11.1 20.5
9.6 15.7
3.7 23.1
8.3
0.0
0.0 188.4
0.0
0.0
0.0
0.0
4.0 19.0 45.9
11.8 19.7 67.1 112.5
0.0
0.0
6.3 21.2 10.0 25.0 18.5
6.2
4.1 10.3 10.5 21.5 28.9
9.7
5.7 13.6
6.2
0.0
0.0
1.3
5.3
3.8
2.6
2.6
2.7
2.3
0.9
1.0
3.9
3.7
7.4 45.9 32.1 12.0
0.0
0.0
2.1 15.1 22.3 13.6 13.3 15.4 13.0 15.0 33.3 16.0 12.4
22.0 18.9 29.0 60.8 11.1 16.1 37.8 12.5
0.0
0.0 30.4 15.0
0.0
0.0
0.0 16.9 16.8
8.1
8.8
9.6 10.6
4.4
0.0
7.1 10.5 15.2 17.9 21.7 21.1
0.0 11.8 126.7 18.2 29.7
33.5 31.6 30.6 51.2 1250.0
0.0
0.0
0.0 100.0
0.0 100.0
0.0
0.0 100.0
0.0 113.1 306.2
12.7 17.0 19.0 12.9 11.1
5.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
5.2
6.9
20.0 11.1 12.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2.9
6.1
79.3 13.7 137.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 15.4 38.2
26.1 40.2 116.7 50.0
0.0
5.3 18.7 60.0 57.9 31.0 38.1
5.0 17.6
6.2
0.0 31.5 30.1
8.4 10.3
7.8
7.5
4.4
0.0
7.9 20.3
9.7 10.8 21.5 12.6
3.3
1.1 133.3 17.3 31.6
9.6
9.5 31.3 166.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 14.5 41.5
20.9 40.4 47.8 27.6 19.3 109.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 17.7 29.2
21.4 12.0 25.0
5.3
0.0
2.7 12.1 10.0
0.0
0.0
9.1 12.8 39.3
0.0
0.0 10.0 11.0
14.7 25.0 50.0 14.3
0.0
0.0 14.5 14.8 12.5 14.3
0.0
0.0
0.0
0.0 296.2 30.4 72.2
16.7 12.5 33.3 20.0
0.0
0.0
1.2
2.5
4.8
3.7
5.1
5.3
5.1
5.3
9.1
8.3
8.7
17.0
8.7
5.7
3.6
0.0
2.4
3.8
5.3
5.6
6.0 11.7
9.1
7.8
8.5
9.3
7.0
4.0
14.5 12.2 17.5 318.2
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 24.1 78.8
9.7
6.9
7.4
5.9
2.0
0.0
0.0 13.6
2.3
7.5
0.0
0.0
0.0
0.0
0.0
3.7
4.3
36.4 57.1 118.8 300.0
0.0
0.0
2.6 10.4
8.2
8.9
9.8 10.8 10.4
8.1 31.9 40.9 75.4
6.6
5.2
5.5
5.8
0.0
0.0
6.1
6.5
5.7
6.0
6.4
5.4
5.4
5.3
5.6
5.0
2.0
17.4 30.7 83.3 140.0
0.0
0.0 10.2
9.3
8.0
7.5 24.0 36.4 10.0 11.1 14.6 26.8 36.2
13.9 80.0 25.0 23.1
8.3
0.0
0.0
0.0 10.3 11.5 100.0
0.0
0.0
0.0
0.0 18.1 29.6
13.2 11.8 13.3
7.1
0.0
0.0
2.3
3.3
2.4
4.0
3.7
2.7
1.6
2.8
2.3
4.7
4.3
16.7 16.7 63.6 340.0
0.0
0.0
0.0
0.0
0.0
2.4
2.5
1.6 320.0
0.0
0.0 50.9 110.7

vs.

2014

Percentage Increase by Year

Challengers

602 0.329 0.314 10.549

707 0.362 0.344 11.153

Averages for

2000
0.000
1.360
0.000
0.000
0.000
0.000
0.277
0.000
0.000
0.291

16 yrs
'99-'14
1999 RegDivs
0.000 11.303
1.360 28.020
0.000 2.705
0.000 0.522
0.000 7.131
0.000 0.740
0.145 17.286
0.000 4.960
0.000 1.481
0.273 9.012

Averages for

Company
Ticker
Name
Symbol
Western Gas Partners LP WES
Whirlpool Corp.
WHR
Whole Foods Market Inc. WFM
Wi-Lan Inc.
WILN
Williams Partners LP new WPZ
Winmark Corp.
WINA
WPP plc
WPPGY
Wyndham Worldwide Corp.WYN
Xylem Inc.
XYL
Averages:
353

5-9 Straight Years Higher Dividends mn on left)

(and American Depository Receipts)

vs.

2013
vs.

2012
vs.

2011
vs.

2010
vs.

2009
vs.

2008
vs.

2007
vs.

2006
vs.

2005
vs.

2004
vs.

2003
vs.

2002
vs.

2001
vs. (simpleStandard

2000 Mean

11.7

12.2
12.5

13.3
14.4

16.1
18.2

21.1
8.3

9.1
0.0

0.0
11.4

11.7
15.0

16.3
14.8

16.4
16.4

18.4
12.5

13.6

7.2

7.6

4.8

4.8

1.8

0.9

5.1

4.7

10.3

11.1

5.3

6.2

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 average)
Deviation
15.9 17.0 17.9 14.7 13.0 168.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 16.5 41.3
21.1 18.8
3.6 12.2
0.0
0.0
0.0
0.0
0.0
0.0 26.5
0.0
0.0
0.0
0.0
5.5
9.0
20.0 42.9 40.0
0.0
0.0
0.0
0.0 20.0 27.7 56.7
0.0
0.0
0.0
0.0
0.0 13.8 18.9
4.0 20.4 72.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
6.5 18.4
20.8 17.4 15.8 556.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 40.7 138.1
21.1 26.7 36.4 83.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 11.2 22.4
26.4 13.8 31.6 21.9
0.7
0.0
6.7 34.4 15.9 133.5
0.0 26.0 90.7
0.0 91.0 32.8 38.9
20.7 26.1 53.3 25.0 200.0
0.0 100.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 28.3 53.2
10.3 14.9 300.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 21.7 74.5
14.4 16.7 21.7 34.4 10.9
0.0 11.3 18.4 15.5 16.7 12.8
8.9
3.5
2.6
6.4 13.0
8.3

vs.

2014

Percentage Increase by Year

Factor
(19.1)
55.8
n/a
20.5
68.5
(85.0)
(11.2)
20.7
(2.4)
0.1
(8.2)
0.7
(12.2)
(8.2)
1.5
n/a
n/a
n/a
(465.7)
(1.4)
(8.1)
(30.2)
1.5
(18.9)
n/a
(335.3)
n/a
31.6
n/a
(16.6)
8.4
(12.3)
2.1
9.2
(0.4)
n/a
n/a
(2.1)
(16.5)
(14.0)
3.8
(33.7)
(47.6)

Rule Factor 2015 2016 2017 2018 2019


8.0
53.9 0.89 0.97 1.07 1.18 1.30
68.9
53.8 0.52 0.53 0.57 0.62 0.67
n/a
53.8 0.22 0.24 0.26 0.28 0.31
36.2
36.3 1.69 1.74 1.79 1.85 1.90
87.3
74.9 0.96 1.06 1.16 1.27 1.39
7.4
33.7 2.85 3.13 3.39 3.67 3.97
6.2
47.4 2.16 2.32 2.46 2.61 2.76
30.0
58.8 0.93 0.93 0.94 0.95 0.96
8.7
68.5 1.23 1.34 1.43 1.53 1.63
28.7
63.0 0.73 0.80 0.88 0.97 1.06
8.1
51.2 2.23 2.34 2.47 2.59 2.73
13.4
67.2 0.92 0.97 1.05 1.13 1.22
10.6
61.5 1.33 1.43 1.54 1.66 1.80
7.0
42.5 0.77 0.77 0.79 0.81 0.84
23.7
72.6 0.33 0.36 0.40 0.44 0.48
n/a
54.5 2.46 2.71 2.98 3.28 3.60
n/a
44.0 3.27 3.55 3.79 4.04 4.31
n/a
58.9 1.81 1.99 2.19 2.40 2.64
5.9
28.5 1.05 1.16 1.24 1.33 1.42
13.3
69.1 1.01 1.09 1.20 1.32 1.45
12.8
61.8 0.44 0.48 0.53 0.59 0.64
27.1
61.0 0.33 0.37 0.40 0.44 0.49
20.3
44.4 0.07 0.07 0.07 0.07 0.08
5.5
46.1 1.45 1.60 1.76 1.94 2.13
n/a
42.9 0.50 0.55 0.57 0.59 0.61
36.4
49.4 1.37 1.51 1.66 1.83 2.01
n/a
33.4 0.44 0.46 0.47 0.48 0.50
60.7
56.9 2.14 2.36 2.58 2.83 3.09
n/a
41.0 1.24 1.34 1.48 1.62 1.79
4.6
52.3 1.44 1.58 1.72 1.87 2.04
22.6
64.4 0.43 0.43 0.47 0.51 0.55
10.2
32.2 1.36 1.41 1.45 1.49 1.54
33.1
69.3 0.33 0.36 0.40 0.44 0.48
20.7
64.8 1.54 1.69 1.81 1.94 2.07
11.4
52.5 2.59 2.80 3.02 3.26 3.51
47.8
33.6 0.43 0.45 0.49 0.54 0.59
20.9
34.7 0.77 0.77 0.84 0.93 1.02
17.2
57.3 2.04 2.13 2.23 2.33 2.43
(2.4)
55.4 1.05 1.15 1.24 1.33 1.44
7.4
52.8 1.10 1.21 1.28 1.36 1.44
22.3
70.1 8.49 9.34 10.28 11.30 12.43
16.3
54.7 1.25 1.38 1.52 1.67 1.83
5.5
34.4 1.46 1.61 1.77 1.95 2.14

$
5.41
2.91
1.31
8.98
5.82
17.02
12.31
4.70
7.16
4.43
12.36
5.29
7.77
3.97
2.00
15.03
18.96
11.03
6.19
6.06
2.69
2.03
0.36
8.88
2.82
8.39
2.35
13.00
7.47
8.65
2.40
7.25
2.01
9.06
15.18
2.51
4.33
11.16
6.20
6.39
51.84
7.65
8.94

%
12.7
15.4
5.7
37.2
5.4
18.4
24.5
11.4
10.3
10.6
21.7
8.4
14.2
15.9
3.8
9.5
15.8
7.3
16.4
14.5
13.6
4.0
16.0
18.6
31.1
6.6
8.1
10.9
6.4
15.6
17.4
23.1
3.8
28.5
27.5
15.9
9.7
16.2
16.2
30.8
14.2
17.8
14.0

Est. Payback

Company
Tickerdard
Name
Symbol
Sector
A. Schulman Inc.
SHLM Materials
Access National Corp.
ANCX Financials
Activision Blizzard Inc.
ATVI
Information Tech
Admiral Group plc
AMIGY Financials
Aetna Inc.
AET
Financials
Alexandria Real Estate Equit
ARE
Financials
Allete Inc.
ALE
Utilities
Allied World Assurance Co.AWH
H
Financials
Allstate Corp.
ALL
Financials
Altera Corp.
ALTR Information Tech
American Electric Power Co.
AEP
Utilities
American Financial Group In
AFG
Financials
American Water Works
AWK
Utilities
Ames National Corp.
ATLO Financials
Ametek Inc.
AME
Information Tech
Amgen Inc.
AMGN Health Care
Anheuser-Busch InBev SA/N
BUD
Consumer Discretionary
Anthem Inc.
ANTM Health Care
Apartment Investment & Man
AIV
Financials
Applied Industrial Technolog
AIT
Industrials
Applied Materials Inc.
AMAT Information Tech
ARM Holdings plc
ARMH Information Tech
Armanino Foods of Distinctio
AMNF Consumer Staples
Arthur J. Gallagher & Co. AJG
Financials
Ashford Hospitality Trust AHT
Financials
Ashland Inc.
ASH
Energy
Assa Abloy AB
ASAZY Industrials
Autoliv Inc.
ALV
Consumer Discretionary
Avago Technologies Ltd. AVGO Information Tech
Avery Dennison Corp.
AVY
Consumer Discretionary
AVX Corp.
AVX
Industrials
BAE Systems plc
BAESY Industrials
Balchem Inc.
BCPC Materials
Banco Latinoamericano DeBLX
C
Financials
Bank of Nova Scotia
BNS
Financials
Barclays plc
BCS
Financials
Barrett Business Services InBBSI
Industrials
Baxter International Inc.
BAX
Health Care
BB&T Corp.
BBT
Financials
BioMed Realty Trust Inc. BMR
Financials
BlackRock Inc.
BLK
Financials
Bob Evans Farms
BOBE Consumer Discretionary
Bristol-Myers Squibb Co. BMY
Health Care
Tweed Chowder Confid. Estimated Dividends to be Paid in Year:

5-year Total

5-9 Straight Years Higher Dividends

Past Performance is No Guarantee of Future Results

Dividend Growth Model


(based on Earnings Estimates, if available)

Special Formulas
(see Notes tab)

Challengers

(and American Depository Receipts)

Current Price as % from:


5-yr 52-wk 52-wk 50-day 200-day
Beta
Low
High
MMA
MMA
1.63
50.6
(12.9)
(3.8)
9.9
0.50
43.6
(4.3)
1.4
9.7
0.96
30.0
(5.1)
(0.8)
6.1
n/a
29.1
(11.4)
2.9
11.7
0.89
54.3
(3.8)
1.9
19.5
0.84
31.3
(9.6)
(3.6)
7.6
0.66
16.0
(15.0)
(4.6)
(0.9)
0.49
21.2
(3.8)
0.4
7.7
0.99
25.7
(4.0)
(1.6)
5.7
1.25
38.2
(8.2)
6.9
16.4
0.34
18.0
(12.3)
0.3
1.6
0.83
18.6
(4.1)
(1.2)
6.2
0.25
23.0
(4.6)
1.1
5.4
1.00
19.3
(7.2)
0.4
4.1
1.25
16.6
(3.2)
(0.3)
2.3
0.57
47.2
(9.0)
(2.0)
5.5
0.89
20.9
(4.8)
(1.4)
6.4
0.62
56.5
(6.0)
(0.2)
16.7
0.70
27.7
(8.7)
(2.0)
4.5
1.29
5.7
(19.3)
(3.2)
(7.7)
1.68
9.1
(22.8) (14.7) (12.6)
1.14
35.6
(7.0)
(1.8)
10.1
n/a
39.8
(0.4)
2.7
7.9
0.89
12.0
(2.6)
1.2
3.7
1.67
10.7
(17.4)
(7.8) (10.6)
1.19
34.0
(3.3)
(0.7)
10.3
n/a
25.2
(8.3)
(4.0)
4.4
1.56
37.6
(5.5)
1.9
14.3
0.96
96.4
(14.2)
(6.2)
20.3
1.21
38.9
(0.7)
5.1
12.5
1.25
19.2
(9.1)
(4.2)
1.1
n/a
16.3
(7.0)
(0.6)
3.2
0.91
7.7
(24.7)
(7.4)
(8.9)
1.10
33.8
(6.7)
(0.5)
3.8
1.10
17.1
(17.2)
7.0
(3.5)
1.93
20.8
(9.7)
1.8
6.6
1.20 147.4 (28.9)
7.3
13.2
0.73
5.1
(9.1)
(0.2)
(3.1)
1.07
12.4
(4.7)
(0.9)
2.3
0.73
8.7
(16.4)
(4.9)
(2.8)
1.51
26.4
(4.5)
(1.6)
6.2
0.85
3.8
(28.0) (10.8) (12.4)
0.25
41.3
(7.4)
(0.9)
12.2

MMA=Moving Market Average

Technical Data

(9.6)
0.6
40.1
12.9
14.0
n/a
34.0
(19.8)
10.5
(3.6)
37.5
n/a
4.8
n/a
(135.6)
19.0
(2.5)
n/a
5.5
(12.3)
40.3

(6.7)

Factor
n/a
(3.1)
(41.1)
(3.8)
(1.6)
7.8
n/a
(16.7)
n/a
39.4
(10.1)
n/a
n/a
28.6
19.8
n/a
(1.4)
n/a
n/a
(0.0)
n/a

Rule Factor 2015 2016 2017 2018 2019


n/a
53.5 0.53 0.56 0.62 0.68 0.75
22.8
61.0 0.99 1.09 1.20 1.32 1.45
17.4
40.2 1.94 2.13 2.15 2.16 2.17
15.3
54.5 1.82 1.92 2.10 2.30 2.52
18.8
70.6 0.26 0.28 0.31 0.34 0.38
25.0
56.8 0.56 0.61 0.67 0.74 0.81
18.6
34.5 2.77 3.04 3.35 3.68 4.05
6.3
50.8 2.87 3.12 3.43 3.77 4.15
n/a
54.0 0.10 0.11 0.12 0.13 0.14
55.6
61.6 0.37 0.39 0.43 0.47 0.52
7.6
46.4 1.08 1.19 1.21 1.24 1.26
n/a
54.0 0.86 0.94 1.04 1.14 1.26
n/a
58.0 0.25 0.28 0.31 0.34 0.37
44.0
59.0 0.94 1.00 1.06 1.13 1.20
43.0
48.7 1.09 1.20 1.24 1.27 1.31
n/a
59.0 1.01 1.11 1.22 1.35 1.48
19.2
73.7 0.92 0.98 1.08 1.19 1.31
n/a
48.7 1.28 1.40 1.52 1.64 1.77
n/a
46.9 0.31 0.34 0.37 0.41 0.45
21.4
55.0 0.63 0.69 0.69 0.69 0.69
n/a
55.9 0.75 0.78 0.86 0.94 1.03
14.6
51.3 1.58 1.63 1.69 1.76 1.83
17.6
61.0 2.07 2.27 2.50 2.75 3.03
20.1
58.5 1.13 1.21 1.29 1.38 1.47
58.7
50.6 1.36 1.44 1.50 1.57 1.64
29.7
69.4 1.08 1.17 1.23 1.29 1.35
36.5
61.6 0.94 1.03 1.14 1.25 1.38
n/a
29.8 1.43 1.58 1.62 1.67 1.72
52.9
62.9 0.59 0.64 0.70 0.76 0.83
12.5
63.5 0.63 0.69 0.76 0.83 0.92
28.6
71.8 0.96 1.05 1.16 1.27 1.40
11.4
66.9 0.84 0.92 1.00 1.10 1.20
60.2
66.1 2.19 2.40 2.65 2.91 3.20
n/a
39.5 1.54 1.69 1.86 2.05 2.25
17.2
63.7 0.44 0.47 0.52 0.57 0.63
n/a
26.6 1.81 1.83 1.89 1.94 2.00
41.8
44.3 0.57 0.63 0.69 0.76 0.84
34.3
79.6 3.09 3.40 3.74 4.11 4.53
12.1
42.8 3.31 3.34 3.51 3.68 3.86
(7.5)
36.5 0.66 0.73 0.77 0.82 0.87
18.1
62.6 0.39 0.41 0.43 0.46 0.48
11.3
47.1 3.40 3.73 3.87 4.02 4.18
52.2
64.0 0.93 1.00 1.09 1.18 1.29

$
3.14
6.04
10.55
10.67
1.57
3.39
16.90
17.33
0.60
2.19
5.97
5.24
1.54
5.34
6.11
6.18
5.49
7.60
1.88
3.38
4.36
8.49
12.63
6.47
7.52
6.12
5.74
8.03
3.54
3.83
5.84
5.06
13.35
9.40
2.64
9.47
3.49
18.87
17.70
3.84
2.17
19.21
5.50

%
7.1
11.2
24.0
15.3
12.6
27.4
60.7
23.1
1.3
10.6
33.2
9.3
13.1
8.0
32.5
22.4
4.8
23.9
11.1
2.7
15.1
15.6
13.9
19.1
19.7
13.8
15.2
31.0
11.9
6.1
10.1
10.7
10.2
19.6
12.6
44.7
15.1
13.6
43.4
22.5
7.2
17.3
9.5

Est. Payback

Company
Tickerdard
Name
Symbol
Sector
Broadcom Corp.
BRCM Information Tech
Broadridge Financial SolutioBR
Information Tech
Brookfield Infrastructure Part
BIP
Utilities
BT Group plc
BT
Telecommunications
CAE Inc.
CAE
Industrials
Calamos Asset ManagemenCLMS Financials
Calumet Specialty ProductsCLMT Energy
Camden Property Trust
CPT
Financials
Cantel Medical Corp.
CMN
Consumer Staples
Cardinal Financial Corp. CFNL Financials
CBL & Associates PropertiesI
CBL
Financials
CBOE Holdings Inc.
CBOE Financials
Ceco Environmental Corp. CECE Industrials
Celanese Corp.
CE
Materials
Cenovus Energy Inc.
CVE
Energy
Chatham Lodging Trust
CLDT Financials
Chemed Corp.
CHE
Health Care
Chesapeake Lodging TrustCHSP Financials
Chico's FAS Inc.
CHS
Consumer Discretionary
Cimarex Energy Co.
XEC
Energy
Cisco Systems Inc.
CSCO Information Tech
Cleco Corp.
CNL
Utilities
CME Group Inc.
CME
Information Tech
CMS Energy Corp.
CMS
Utilities
Coach Inc.
COH
Consumer Discretionary
Coca-Cola Enterprises Inc. CCE
Consumer Staples
Cohen & Steers Inc.
CNS
Financials
Colony Financial Inc.
CLNY Financials
Columbia Banking System In
COLB Financials
Columbia Sportswear Co. COLM Consumer Discretionary
Comcast Corp.
CMCSA Consumer Discretionary
Comerica Inc.
CMA
Financials
Core Laboratories NV
CLB
Energy
CoreSite Realty Corp.
COR
Financials
Corning Inc.
GLW
Information Tech
CSI Compressco LP
CCLP Energy
CubeSmart
CUBE Financials
Cummins Inc.
CMI
Industrials
DCP Midstream Partners LP
DPM
Energy
DDR Corp.
DDR
Financials
DeVry Education Group Inc.DV
Consumer Discretionary
Diageo plc
DEO
Consumer Discretionary
Discover Financial ServicesDFS
Financials
Tweed Chowder Confid. Estimated Dividends to be Paid in Year:

5-year Total

5-9 Straight Years Higher Dividends

Past Performance is No Guarantee of Future Results

Dividend Growth Model


(based on Earnings Estimates, if available)

Special Formulas
(see Notes tab)

Challengers

(and American Depository Receipts)

5-yr
Beta
0.94
1.08
0.77
1.22
1.11
1.86
0.99
0.70
1.71
1.23
1.65
0.53
1.40
1.92
1.08
0.80
0.84
1.16
1.43
1.47
1.34
0.49
0.99
0.22
1.16
1.01
1.07
0.81
1.54
1.48
1.22
1.34
1.14
1.12
1.62
1.29
0.85
1.70
1.00
1.30
1.46
0.86
1.06
Low
52.8
47.7
22.6
24.1
11.0
13.5
53.2
14.9
50.1
31.6
8.3
22.3
15.6
35.5
16.8
43.5
43.6
24.6
18.2
35.8
32.4
19.6
40.8
23.6
18.9
15.1
6.1
30.0
30.2
84.2
19.5
18.8
51.9
68.4
24.1
76.5
35.6
12.5
16.9
5.1
(0.5)
3.8
7.8

52-wk
High
(5.6)
(3.3)
(6.4)
(2.3)
(9.4)
(12.4)
(10.1)
(6.9)
(9.8)
(2.7)
(14.5)
(17.0)
(25.8)
(2.0)
(41.9)
(11.6)
(7.5)
(17.8)
(10.8)
(17.1)
(4.2)
(6.2)
(9.6)
(11.6)
(13.2)
(9.6)
(19.2)
(3.0)
(2.8)
(2.9)
(5.1)
(9.3)
(30.9)
(5.8)
(16.4)
(17.3)
(9.9)
(12.7)
(26.0)
(16.4)
(39.0)
(12.7)
(12.8)

52-wk
MMA
(0.4)
0.7
(1.6)
2.5
3.8
(3.6)
5.2
(1.2)
(4.4)
3.3
(7.1)
(4.3)
(3.5)
13.3
6.5
(5.4)
(2.9)
(5.1)
(4.6)
7.0
1.7
(0.1)
(3.5)
(2.4)
(8.5)
(0.1)
(7.8)
1.7
3.2
6.2
(1.5)
3.5
18.7
(1.0)
(9.8)
16.4
(1.9)
(0.3)
5.5
(8.0)
(14.1)
(2.8)
(1.4)

MMA
6.8
17.3
6.4
9.9
0.0
(1.9)
6.4
1.9
9.2
11.2
(4.4)
(2.6)
(12.8)
13.3
(18.6)
5.4
7.1
(2.5)
4.5
5.2
9.9
1.4
8.5
3.8
3.1
0.7
(8.2)
11.2
11.4
39.5
3.8
1.6
3.7
21.5
(2.9)
9.7
9.0
(1.3)
(11.1)
(6.5)
(27.9)
(3.5)
(5.5)

50-day 200-day

Current Price as % from:

MMA=Moving Market Average

Technical Data

(10.0)
(10.5)
13.5
n/a
(1.6)
(15.1)
(7.7)
n/a
(18.8)
(3.6)
24.9
57.2
5.1
8.9
n/a
(5.0)
(14.6)
n/a
n/a
(2.4)
(0.5)
(5.7)
(7.6)
n/a
(1.7)

1.7

Factor
n/a
n/a
(84.9)
(2.2)
n/a
n/a
(8.5)
(9.3)
n/a
56.5
(3.6)
(0.6)
(7.2)
(4.6)
(48.0)
0.1
(6.8)

Rule Factor 2015 2016 2017 2018 2019


n/a
61.4 1.43 1.57 1.62 1.67 1.72
n/a
45.0 0.96 0.97 1.06 1.17 1.29
13.4
35.1 0.81 0.88 0.96 1.06 1.17
13.7
65.5 1.44 1.59 1.75 1.92 2.11
n/a
55.3 1.77 1.90 2.04 2.19 2.35
n/a
53.7 0.77 0.84 0.93 1.02 1.12
8.1
48.7 2.92 3.10 3.24 3.39 3.54
6.7
53.2 1.94 2.09 2.23 2.39 2.56
n/a
50.4 1.43 1.57 1.73 1.90 2.09
72.5
68.7 0.79 0.87 0.96 1.05 1.16
11.8
61.6 1.41 1.55 1.67 1.80 1.95
17.6
69.1 1.98 2.18 2.38 2.59 2.83
8.4
49.9 0.95 0.96 1.01 1.06 1.11
7.3
49.6 0.97 0.97 1.00 1.03 1.06
8.2
38.3 2.42 2.66 2.92 3.22 3.54
8.7
57.5 1.50 1.51 1.65 1.80 1.96
58.3
46.8 0.79 0.87 0.95 1.05 1.15
46.0
47.0 1.47 1.62 1.78 1.96 2.15
17.0
63.3 0.24 0.26 0.28 0.31 0.34
10.3
42.8 3.43 3.78 3.95 4.14 4.33
45.5
66.5 1.10 1.21 1.33 1.46 1.61
n/a
58.0 0.39 0.43 0.47 0.52 0.57
26.2
68.4 0.92 1.02 1.11 1.21 1.32
0.9
59.8 0.46 0.51 0.56 0.61 0.68
17.4
62.0 1.13 1.25 1.37 1.51 1.66
n/a
31.0 0.77 0.82 0.88 0.95 1.02
11.6
24.3 2.19 2.21 2.23 2.25 2.28
39.5
46.3 1.81 1.99 2.08 2.18 2.28
38.2
69.5 1.46 1.56 1.71 1.89 2.08
68.5
60.5 0.51 0.55 0.58 0.62 0.65
17.1
59.2 0.84 0.91 0.98 1.06 1.14
23.1
76.3 0.35 0.39 0.42 0.46 0.50
n/a
63.7 0.92 1.01 1.11 1.22 1.34
8.4
60.5 0.69 0.71 0.77 0.84 0.91
5.8
52.8 0.59 0.65 0.72 0.79 0.87
n/a
49.8 0.65 0.69 0.75 0.82 0.89
n/a
55.7 0.44 0.48 0.53 0.59 0.64
13.1
70.3 0.68 0.74 0.80 0.85 0.91
19.6
57.3 0.59 0.65 0.71 0.79 0.87
7.8
40.7 0.41 0.42 0.44 0.45 0.46
9.1
65.3 0.87 0.96 1.05 1.16 1.27
n/a
45.4 0.48 0.51 0.54 0.57 0.61
11.4
53.4 0.81 0.81 0.84 0.86 0.89

$
8.01
5.44
4.87
8.82
10.25
4.69
16.20
11.21
8.73
4.83
8.38
11.96
5.08
5.02
14.75
8.42
4.81
8.97
1.43
19.63
6.72
2.39
5.58
2.82
6.92
4.44
11.15
10.34
8.70
2.91
4.93
2.12
5.61
3.91
3.62
3.81
2.69
3.99
3.61
2.19
5.30
2.71
4.22

%
18.5
25.0
17.1
17.3
13.7
12.9
20.3
8.8
28.0
11.9
11.0
17.4
14.7
19.6
39.7
13.9
13.7
34.9
3.4
34.0
6.9
13.3
6.9
11.6
14.3
28.0
41.7
15.7
14.9
14.6
20.9
8.6
16.1
11.2
12.5
14.1
8.7
6.8
6.1
7.6
8.9
16.3
14.9

Est. Payback

Company
Tickerdard
Name
Symbol
Sector
Domtar Corp.
UFS
Consumer Discretionary
Douglas Dynamics Inc.
PLOW Consumer Discretionary
Douglas Emmett Inc.
DEI
Financials
Dow Chemical Company DOW Materials
Dr Pepper Snapple Group DPS
Consumer Staples
DSW Inc.
DSW
Consumer Discretionary
DTE Energy Company
DTE
Utilities
Dun & Bradstreet Corp.
DNB
Industrials
DuPont Fabros TechnologyDFT
I
Financials
East West Bancorp
EWBC Financials
Eastman Chemical Co.
EMN
Materials
Eaton Corp. plc
ETN
Industrials
EMC Insurance Group Inc. EMCI Financials
Emclaire Financial Corp. EMCF Financials
Enbridge Energy Partners LP
EEP
Energy
Endurance Specialty Holding
ENH
Financials
EnLink Midstream LLC
ENLC Energy
EnLink Midstream PartnersENLK
L
Energy
Ensign Group Inc.
ENSG Health Care
EPR Properties
EPR
Financials
Equifax Inc.
EFX
Financials
Escalade Inc.
ESCA Consumer Discretionary
Estee Lauder Companies Inc.
EL
Consumer Discretionary
Ethan Allen Interiors Inc. ETH
Consumer Discretionary
Evercore Partners Inc.
EVR
Financials
Excel Trust Inc.
EXL
Financials
Exterran Partners LP
EXLP Energy
Extra Space Storage Inc. EXR
Financials
FBL Financial Group Inc. FFG
Financials
Fifth Third Bancorp
FITB
Financials
Financial Institutions Inc. FISI
Financials
Finish Line Inc. (The)
FINL
Consumer Discretionary
First American Financial Corp
FAF
Financials
First Defiance Financial Corp
FDEF Financials
First Financial Bankshares In
FFIN
Financials
First Interstate BancsystemFIBK
I
Financials
Flir Systems Inc.
FLIR
Industrials
Flowserve Corp.
FLS
Industrials
FMC Corp.
FMC
Materials
FNB Bancorp
FNBG Financials
Foot Locker Inc.
FL
Consumer Discretionary
Fox Chase Bancorp Inc. FXCB Financials
Frisch's Restaurants Inc. FRS
Consumer Discretionary
Tweed Chowder Confid. Estimated Dividends to be Paid in Year:

5-year Total

5-9 Straight Years Higher Dividends

Past Performance is No Guarantee of Future Results

Dividend Growth Model


(based on Earnings Estimates, if available)

Special Formulas
(see Notes tab)

Challengers

(and American Depository Receipts)

Current Price as % from:


5-yr 52-wk 52-wk 50-day 200-day
Beta
Low
High
MMA
MMA
1.51
33.2
(9.8)
(2.5)
9.3
1.27
37.3
(10.9)
(3.5)
5.6
0.92
13.8
(7.8)
(2.2)
1.8
1.69
25.3
(4.9)
5.1
5.3
(0.06)
39.6
(7.9)
(4.3)
6.8
1.21
58.3
(8.4)
(2.1)
9.9
0.24
14.2
(12.9)
(1.5)
(0.3)
1.14
26.8
(6.7)
(2.3)
5.4
0.16
38.9
(17.6)
(3.2)
2.3
1.56
35.2
(4.2)
0.0
10.5
1.76
14.2
(14.2)
5.3
(0.7)
1.74
22.2
(12.1)
(0.2)
2.2
0.58
25.1
(2.7)
6.0
10.6
0.10
31.2
(5.8)
0.4
2.4
0.55
35.4
(9.6)
(0.5)
1.3
0.72
22.8
(7.7)
(3.7)
3.2
1.16
26.3
(15.2)
6.1
(1.3)
1.04
9.5
(17.5)
(0.5)
(7.5)
0.84
95.6
(12.3)
(6.0)
6.3
0.72
19.7
(11.0)
(2.9)
2.7
0.92
41.8
(2.4)
3.7
18.2
0.21
71.7
(10.1)
7.7
23.2
1.24
16.6
(4.7)
(1.7)
6.4
2.09
11.3
(25.5)
(9.5)
(9.2)
1.65
9.2
(17.2)
(4.9)
(3.8)
0.53
42.0
(0.4)
10.6
21.2
0.94
44.0
(8.8)
7.2
6.4
0.80
34.5
(5.5)
(0.5)
12.0
1.27
45.8
(7.9)
(1.5)
16.1
1.43
17.5
(6.4)
4.2
3.0
1.16
9.4
(12.8)
1.7
0.4
0.84
9.9
(22.6)
0.6
(5.5)
0.90
38.5
(8.9)
(2.0)
10.9
1.25
32.2
(2.0)
6.5
14.8
1.24
19.0
(9.7)
4.7
1.9
1.15
15.0
(7.5)
(0.2)
1.8
0.79
9.8
(14.2)
(1.6)
(3.2)
1.95
11.3
(25.1)
0.3
(8.3)
1.08
16.8
(23.7)
(0.9)
(0.6)
n/a
10.6
0.0
2.2
5.4
1.16
31.6
(6.2)
(0.7)
7.5
0.38
6.8
(4.0)
(0.5)
0.2
0.44
35.1
(6.4)
1.8
7.0

MMA=Moving Market Average

Technical Data

Factor
9.6
0.7
(6.0)
(241.4)
n/a
n/a
2.0
n/a
n/a
10.3
n/a
(11.8)
(11.2)
12.2
(10.8)
3.3
(11.8)
(39.4)
(7.5)
9.0
(5.1)
(40.1)
20.3
0.6
(9.8)
n/a
(1.6)
(3.1)
(10.1)
2.0
5.5
(0.2)
(2.8)
3.3
n/a
n/a
32.3
33.5
(9.5)
(0.0)
15.3
n/a
10.2

Rule Factor 2015 2016 2017 2018 2019


33.7
69.2 1.25 1.38 1.51 1.66 1.83
24.8
45.8 1.91 1.99 2.12 2.26 2.41
6.1
60.2 1.45 1.52 1.68 1.84 2.03
4.8
42.4 0.90 0.99 1.08 1.18 1.29
n/a
42.2 0.66 0.73 0.79 0.86 0.94
n/a
55.6 0.24 0.26 0.29 0.31 0.35
12.1
45.2 2.78 3.02 3.05 3.08 3.11
n/a
42.9 2.33 2.48 2.67 2.89 3.12
n/a
56.8 0.71 0.78 0.86 0.94 1.04
24.6
73.7 1.21 1.33 1.46 1.61 1.77
n/a
53.6 1.11 1.12 1.23 1.36 1.49
44.7
52.2 0.34 0.38 0.42 0.46 0.50
19.8
68.5 0.13 0.15 0.16 0.18 0.19
30.3
59.3 0.37 0.41 0.45 0.50 0.55
13.7
63.9 2.13 2.32 2.56 2.81 3.09
15.9
56.7 0.61 0.64 0.66 0.68 0.69
4.0
45.7 0.87 0.96 1.05 1.16 1.28
9.6
48.0 0.62 0.68 0.75 0.82 0.90
6.1
41.4 1.20 1.20 1.23 1.27 1.31
27.8
58.3 0.39 0.42 0.44 0.47 0.49
17.5
73.5 2.07 2.27 2.50 2.75 3.03
5.9
31.1 2.94 3.23 3.40 3.57 3.75
34.1
68.7 0.93 1.02 1.12 1.24 1.36
12.1
59.0 0.48 0.53 0.55 0.57 0.58
10.1
61.6 2.07 2.28 2.48 2.70 2.94
n/a
51.0 1.11 1.22 1.34 1.48 1.63
6.7
60.3 0.20 0.22 0.24 0.25 0.27
19.1
69.2 1.18 1.29 1.42 1.57 1.72
8.0
59.3 1.03 1.14 1.23 1.33 1.43
21.9
71.8 1.10 1.21 1.33 1.46 1.61
64.2
53.3 0.14 0.16 0.17 0.19 0.21
11.1
59.8 0.57 0.57 0.63 0.69 0.76
37.6
57.6 1.45 1.60 1.76 1.94 2.13
21.5
73.1 1.07 1.18 1.30 1.43 1.57
n/a
49.6 1.64 1.75 1.93 2.12 2.33
n/a
48.8 1.20 1.32 1.46 1.60 1.76
52.6
72.0 0.34 0.38 0.41 0.45 0.50
47.0
61.9 0.25 0.27 0.30 0.33 0.36
13.2
72.9 0.97 1.06 1.17 1.29 1.42
19.5
66.9 0.53 0.58 0.64 0.70 0.77
26.9
71.3 1.72 1.89 2.03 2.19 2.35
n/a
38.1 0.37 0.41 0.45 0.50 0.55
24.1
69.7 0.28 0.30 0.33 0.36 0.40

$
7.63
10.70
8.52
5.45
3.98
1.44
15.06
13.49
4.32
7.39
6.32
2.10
0.81
2.28
12.91
3.28
5.32
3.76
6.22
2.21
12.63
16.88
5.67
2.72
12.45
6.78
1.18
7.19
6.16
6.72
0.86
3.23
8.88
6.55
9.77
7.35
2.08
1.51
5.91
3.22
10.18
2.28
1.67

%
10.8
23.7
15.7
20.1
14.5
4.6
37.5
46.2
5.5
13.1
14.5
4.1
1.4
13.5
14.0
9.9
18.1
7.5
5.6
6.7
11.8
22.9
16.7
11.6
11.4
4.1
10.9
9.6
14.8
10.2
4.0
12.4
16.5
15.8
28.3
10.6
11.6
19.6
11.7
1.9
16.1
9.2
11.6

Est. Payback

Company
Tickerdard
Name
Symbol
Sector
G&K Services Inc.
GK
Industrials
Garmin Ltd.
GRMN Information Tech
GATX Corp.
GMT
Industrials
General Electric Co.
GE
Industrials
General Growth Properties GGP
In
Financials
Gildan Activewear Inc.
GIL
Consumer Discretionary
Global Partners LP
GLP
Energy
Golar LNG Partners LP
GMLP Energy
Group 1 Automotive Inc. GPI
Industrials
Harley-Davidson Inc.
HOG
Consumer Discretionary
HCI Group Inc.
HCI
Financials
Heartland Payment Systems
HPY
Information Tech
HEICO Corp.
HEI
Industrials
Heritage Financial Corp. HFWA Financials
Hershey Company
HSY
Consumer Staples
Hewlett-Packard Company HPQ
Information Tech
Hillenbrand Inc.
HI
Consumer Discretionary
Hill-Rom Holdings Inc.
HRC
Health Care
Hingham Institution for Savin
HIFS
Financials
Home Bancshares Inc.
HOMB Financials
Home Depot Inc.
HD
Consumer Discretionary
Home Properties Inc.
HME
Financials
Horace Mann Educators Corp
HMN
Financials
Horizon Bancorp
HBNC Financials
Hubbell Inc. B
HUB-B Industrials
Humana Inc.
HUM
Health Care
Huntington Bancshares Inc.HBAN Financials
IDEX Corp.
IEX
Industrials
Independent Bancorp MA INDB Financials
Ingersoll-Rand plc
IR
Industrials
Interface Inc.
TILE
Consumer Discretionary
International Bancshares Co
IBOC Financials
International Paper Co.
IP
Materials
Invesco Limited
IVZ
Financials
Iron Mountain Inc.
IRM
Financials
j2 Global Inc.
JCOM Information Tech
Janus Capital Group Inc. JNS
Information Tech
JMP Group Inc.
JMP
Financials
Johnson Controls Inc.
JCI
Consumer Discretionary
Jones Lang Lasalle
JLL
Industrials
JPMorgan Chase & Co.
JPM
Financials
Kennedy-Wilson Holdings InKW
Financials
KeyCorp
KEY
Financials
Tweed Chowder Confid. Estimated Dividends to be Paid in Year:

5-year Total

5-9 Straight Years Higher Dividends

Past Performance is No Guarantee of Future Results

Dividend Growth Model


(based on Earnings Estimates, if available)

Special Formulas
(see Notes tab)

Challengers

(and American Depository Receipts)

5-yr
Beta
1.74
0.95
1.18
1.43
1.07
0.93
0.94
0.85
1.61
1.49
1.33
0.91
0.63
0.83
0.20
1.51
1.17
1.26
0.37
0.91
1.06
0.42
1.41
0.37
1.18
0.77
1.20
1.41
1.10
1.28
1.42
1.85
1.37
2.06
0.79
1.19
2.04
1.62
1.68
1.69
1.62
0.88
1.50
Low
54.7
1.4
4.7
16.7
22.4
28.0
34.1
23.7
21.2
4.6
23.5
35.9
21.5
12.5
6.3
7.6
4.3
38.4
65.8
20.4
45.0
31.3
22.9
21.9
14.6
54.6
24.8
14.7
29.7
26.5
68.2
19.5
23.3
23.0
50.7
62.5
65.7
31.9
31.9
48.3
22.7
16.3
26.3

52-wk
High
(4.7)
(25.9)
(19.1)
(5.6)
(13.6)
(1.6)
(10.7)
(23.0)
(15.1)
(22.9)
(15.3)
(9.4)
(11.7)
(6.6)
(17.0)
(19.4)
(15.5)
(4.4)
(2.8)
(5.3)
(9.3)
(2.5)
(8.9)
(12.7)
(13.7)
(9.5)
(4.1)
(6.9)
(7.7)
(5.2)
0.9
(7.8)
(7.2)
(1.3)
(15.9)
(4.3)
(4.6)
(12.2)
(5.7)
(5.0)
(1.9)
(12.5)
(2.0)

52-wk
MMA
(1.3)
(6.3)
(8.2)
4.7
(6.6)
4.1
7.1
8.4
(4.9)
(8.0)
(5.9)
2.9
(7.1)
1.1
(8.7)
(1.1)
(3.9)
1.7
11.4
(1.2)
(6.2)
7.5
0.5
1.3
(1.8)
(3.8)
(1.0)
(1.4)
(2.1)
(2.9)
7.0
2.1
(2.3)
2.7
(6.5)
1.6
3.2
(0.9)
0.2
1.1
3.4
(5.6)
1.7

MMA
11.5
(13.7)
(9.0)
7.4
2.0
9.4
4.6
(5.0)
(2.9)
(10.5)
(0.9)
1.3
1.3
1.7
(5.7)
(7.9)
(6.7)
10.7
27.7
5.6
7.9
13.4
9.9
(0.4)
(2.8)
14.8
7.2
0.1
6.4
5.0
26.4
3.3
4.3
5.9
(1.6)
19.8
18.9
7.5
5.9
14.7
7.2
(3.9)
6.9

50-day 200-day

Current Price as % from:

MMA=Moving Market Average

Technical Data

13.1
n/a
n/a
(3.4)
15.7
n/a
73.7
2.1
(1.2)
9.2
(8.5)
(12.3)
17.0
(83.2)
25.7
(13.8)
(0.8)
(14.8)
(1.2)
4.8
(2.1)
(32.1)
2.7
n/a
n/a
7.6
0.8
n/a

(38.9)

Factor
(29.8)
n/a
1.9
n/a
n/a
(5.5)
(5.5)
(7.9)
49.0
7.7
n/a
(0.0)
n/a
(10.1)

Rule Factor 2015 2016 2017 2018 2019


1.9
35.2 0.99 1.00 1.05 1.09 1.15
n/a
33.3 1.72 1.89 1.97 2.05 2.14
29.3
53.7 2.05 2.26 2.48 2.71 2.97
n/a
48.5 2.05 2.26 2.48 2.73 3.00
n/a
54.9 1.64 1.80 1.92 2.05 2.19
14.3
69.9 0.75 0.82 0.91 1.00 1.10
20.0
70.9 1.50 1.65 1.81 1.99 2.19
5.5
61.3 0.32 0.35 0.39 0.42 0.46
67.6
60.1 1.44 1.59 1.70 1.82 1.95
24.3
64.4 1.32 1.45 1.60 1.76 1.93
n/a
61.9 0.88 0.97 1.06 1.17 1.29
26.0
37.5 0.49 0.51 0.52 0.54 0.56
n/a
49.3 0.15 0.16 0.18 0.20 0.22
15.2
69.4 1.19 1.31 1.44 1.58 1.74
19.0
44.6 0.74 0.81 0.84 0.86 0.89
23.1
73.4 0.70 0.76 0.83 0.90 0.98
n/a
67.9 0.67 0.74 0.81 0.89 0.98
n/a
59.5 1.03 1.14 1.25 1.38 1.51
17.7
54.2 2.56 2.80 3.06 3.35 3.67
23.9
64.1 2.74 3.01 3.25 3.52 3.80
n/a
50.3 3.82 4.20 4.49 4.81 5.14
79.5
78.7 1.67 1.84 2.02 2.23 2.45
16.5
63.8 0.44 0.49 0.54 0.59 0.65
12.6
40.8 2.01 2.14 2.29 2.46 2.63
20.6
46.0 0.72 0.74 0.76 0.79 0.81
7.7
66.9 1.08 1.19 1.30 1.43 1.58
9.6
64.5 0.87 0.95 0.96 0.97 0.98
56.6
58.1 0.70 0.77 0.84 0.93 1.02
11.9
43.1 3.85 4.24 4.66 5.12 5.64
57.5
72.9 0.85 0.93 1.02 1.13 1.24
7.8
59.9 1.14 1.25 1.38 1.52 1.67
20.6
51.5 1.54 1.69 1.76 1.83 1.91
15.3
70.6 0.99 1.09 1.20 1.32 1.45
25.7
60.1 1.61 1.77 1.95 2.13 2.34
14.0
52.0 0.96 1.01 1.11 1.22 1.34
10.7
71.1 1.05 1.15 1.26 1.39 1.53
7.6
38.7 3.21 3.53 3.71 3.90 4.09
16.0
52.9 0.59 0.64 0.68 0.72 0.77
n/a
43.2 0.66 0.66 0.68 0.70 0.72
n/a
44.3 0.31 0.33 0.34 0.35 0.36
16.0
53.2 0.63 0.64 0.66 0.68 0.70
24.1
67.1 1.23 1.36 1.49 1.64 1.80
n/a
45.4 0.69 0.76 0.83 0.91 1.01

$
5.28
9.76
12.48
12.52
9.60
4.57
9.13
1.94
8.49
8.06
5.37
2.62
0.91
7.25
4.14
4.18
4.10
6.31
15.44
16.32
22.46
10.21
2.71
11.54
3.83
6.58
4.74
4.25
23.50
5.17
6.95
8.72
6.06
9.81
5.64
6.38
18.44
3.40
3.42
1.70
3.31
7.52
4.19

%
21.9
22.7
21.2
55.6
13.4
6.6
10.2
17.1
23.1
15.2
4.8
10.3
10.0
6.8
44.6
7.4
4.1
6.4
22.1
20.0
27.1
20.2
18.7
36.8
17.4
7.7
15.2
5.0
34.8
6.5
12.4
31.0
2.7
10.2
53.5
10.6
24.7
11.6
15.3
13.9
8.7
7.0
5.5

Est. Payback

Company
Tickerdard
Name
Symbol
Sector
Kimco Realty Corp.
KIM
Financials
Kinder Morgan Inc.
KMI
Energy
KLA-Tencor Corp.
KLAC Information Tech
Kohlberg Kravis Roberts & C
KKR
Financials
Kohl's Corp.
KSS
Consumer Discretionary
Kroger Company
KR
Consumer Staples
L Brands Inc.
LB
Consumer Discretionary
Lakeland Bancorp Inc.
LBAI
Financials
LaSalle Hotel Properties LHO
Financials
Lazard Limited
LAZ
Financials
Lear Corp.
LEA
Consumer Discretionary
LegacyTexas Financial Grou
LTXB Financials
LeMaitre Vascular Inc.
LMAT Health Care
Lennox International Inc. LII
Industrials
Lexington Realty Trust
LXP
Financials
Lincoln National Corp.
LNC
Financials
Lithia Motors Inc.
LAD
Consumer Discretionary
Littelfuse Inc.
LFUS Industrials
Lorillard Inc.
LO
Consumer Staples
Macerich Company
MAC
Financials
Macquarie Infrastructure Comp
MIC
Industrials
Magna International Inc. MGA
Consumer Discretionary
Maiden Holdings Ltd.
MHLD Financials
Main Street Capital Corp. MAIN Financials
Malaga Financial Corp.
MLGF Financials
ManpowerGroup Inc.
MAN
Industrials
Marathon Oil Corp.
MRO
Energy
MarketAxess Holdings Inc. MKTX Financials
MarkWest Energy Partners MWE
L
Energy
Marriott International Inc. MAR
Consumer Discretionary
Marsh & McLennan Compan
MMC Financials
Mattel Inc.
MAT
Consumer Discretionary
McKesson Corp.
MCK
Health Care
Mead Johnson Nutrition Co.MJN
Consumer Staples
Medallion Financial Corp. TAXI
Financials
Methanex Corp.
MEOH Materials
Mid-America Apartment Commu
MAA
Financials
MidWest One Financial Grou
MOFG Financials
Miller Industries Inc.
MLR
Consumer Discretionary
Monarch Financial HoldingsMNRK Financials
Montpelier Re Holdings Ltd.MRH
Financials
Moody's Corp.
MCO
Information Tech
Morningstar Inc.
MORN Information Tech
Tweed Chowder Confid. Estimated Dividends to be Paid in Year:

5-year Total

5-9 Straight Years Higher Dividends

Past Performance is No Guarantee of Future Results

Dividend Growth Model


(based on Earnings Estimates, if available)

Special Formulas
(see Notes tab)

Challengers

(and American Depository Receipts)

Current Price as % from:


5-yr 52-wk 52-wk 50-day 200-day
Beta
Low
High
MMA
MMA
1.12
15.1
(14.8)
(7.4)
(1.6)
0.64
39.9
(2.9)
3.4
9.6
1.58
21.6
(19.0)
(3.6)
(5.5)
1.70
23.7
(8.8)
(2.9)
0.3
0.80
43.5
(10.0)
(3.9)
15.5
0.78
54.0
(11.4)
(7.1)
12.2
1.10
75.9
(6.7)
(3.0)
16.9
1.22
21.7
(6.9)
0.1
5.1
1.51
21.8
(14.9)
(4.7)
(2.5)
2.08
26.3
(7.3)
0.9
6.5
1.29
48.6
(5.8)
(0.2)
11.8
n/a
31.6
(9.1)
6.5
7.5
(0.12)
39.8
(2.1)
10.4
19.9
1.15
46.2
(7.1)
(2.3)
13.4
1.15
(0.9) (19.7)
(7.0) (10.8)
2.01
25.7
(6.8)
(1.8)
3.7
2.31
58.8
(8.8)
3.3
15.7
1.54
25.2
(4.9)
(0.1)
4.4
0.44
32.2
(2.4)
1.8
11.2
0.99
32.8
(14.8)
(4.0)
8.1
1.18
54.9
(3.2)
1.8
15.8
1.26
23.3
(11.2)
(5.0)
(3.0)
0.70
33.1
(5.9)
(0.3)
12.8
0.77
19.3
(4.3)
1.1
1.6
n/a
n/a
n/a
0.5
3.5
2.17
49.4
(3.0)
2.1
15.4
1.44
29.0
(24.8)
11.2
(2.8)
0.67
83.1
(4.8)
0.6
23.4
0.73
26.7
(14.2)
4.9
0.3
1.32
42.1
(5.8)
(1.9)
7.5
0.83
19.9
(3.4)
(0.8)
3.5
0.85
26.2
(27.0)
11.1
(4.6)
0.68
36.4
(4.0)
(1.5)
7.4
0.71
14.7
(8.7)
(5.2)
(2.3)
1.11
20.0
(19.1)
4.5
0.7
1.85
42.9
(14.2)
11.0
7.1
0.43
18.3
(9.7)
(0.4)
3.6
0.68
31.6
(2.0)
1.5
10.0
0.78
38.3
(12.2)
(4.0)
12.0
0.50
11.9
(17.5)
(2.1)
(2.3)
0.55
33.0
(5.9)
1.3
12.5
1.59
40.7
(0.6)
5.7
12.0
0.69
25.1
(3.1)
1.7
10.5

MMA=Moving Market Average

Technical Data

40.3
20.5
17.8

(14.5)

9.3
n/a
21.1
(14.8)
2.2
n/a
n/a
n/a
n/a
13.4
(15.2)
(0.7)
(2.5)
11.8
n/a
(10.9)
n/a
n/a
10.7
n/a
23.0
(4.9)
(0.9)
(11.6)
(3.7)
4.7

10.1

Factor
37.0
(39.5)
n/a
72.0
7.6
(5.3)
n/a
(2.8)
4.9
(7.4)
(8.0)
4.6

Rule Factor 2015 2016 2017 2018 2019


51.5
68.3 0.39 0.43 0.47 0.52 0.57
18.2
48.1 0.48 0.53 0.55 0.57 0.58
n/a
53.4 0.18 0.20 0.22 0.24 0.27
81.5
60.4 1.78 1.79 1.81 1.83 1.85
22.6
63.5 1.12 1.22 1.34 1.48 1.62
22.9
56.3 0.67 0.73 0.80 0.88 0.96
n/a
34.4 2.30 2.53 2.79 3.07 3.37
17.5
65.7 1.32 1.46 1.58 1.70 1.84
14.7
54.3 0.77 0.78 0.80 0.83 0.85
10.4
52.9 0.53 0.58 0.61 0.64 0.67
8.5
54.5 0.94 1.04 1.08 1.12 1.17
55.4
66.1 0.90 0.99 1.09 1.20 1.32
27.2
69.1 1.98 2.15 2.26 2.38 2.50
27.6
62.1 0.51 0.53 0.57 0.62 0.67
7.7
13.7 1.68 1.73 1.78 1.83 1.89
36.6
50.8 0.72 0.75 0.83 0.91 1.00
13.7
57.7 0.82 0.90 0.99 1.09 1.20
19.5
61.3 1.62 1.78 1.94 2.11 2.30
n/a
53.6 0.77 0.83 0.92 1.01 1.11
n/a
52.9 0.18 0.19 0.21 0.23 0.26
n/a
36.8 2.40 2.50 2.62 2.75 2.89
n/a
65.8 0.86 0.94 1.03 1.14 1.25
32.0
45.2 0.71 0.74 0.76 0.78 0.80
8.7
49.6 1.05 1.14 1.18 1.22 1.27
16.8
50.8 3.92 4.18 4.44 4.73 5.03
6.9
26.6 0.70 0.72 0.74 0.77 0.79
24.4
59.7 1.90 2.05 2.19 2.33 2.48
n/a
49.5 0.32 0.36 0.39 0.43 0.47
5.3
43.7 1.22 1.28 1.33 1.39 1.46
n/a
24.0 0.70 0.77 0.79 0.82 0.84
n/a
63.7 0.53 0.58 0.64 0.70 0.77
24.4
72.8 1.45 1.58 1.74 1.91 2.10
n/a
43.7 1.21 1.22 1.29 1.35 1.42
42.2
44.0 0.42 0.45 0.45 0.46 0.46
10.0
51.8 0.61 0.65 0.69 0.72 0.76
28.2
67.1 2.39 2.53 2.77 3.02 3.30
24.2
51.4 6.01 6.52 6.94 7.39 7.87
7.1
27.1 1.15 1.19 1.22 1.26 1.30
19.5
42.5 0.24 0.24 0.25 0.26 0.27
5.1
56.8 1.11 1.20 1.32 1.45 1.60
56.7
64.8 1.90 1.92 2.05 2.18 2.33
29.9
74.1 1.39 1.52 1.67 1.84 2.02
30.9
73.6 1.54 1.69 1.85 2.03 2.22

$
2.38
2.72
1.11
9.05
6.78
4.03
14.06
7.90
4.04
3.02
5.36
5.51
11.27
2.90
8.91
4.20
5.00
9.75
4.63
1.07
13.16
5.22
3.78
5.86
22.30
3.72
10.95
1.97
6.68
3.93
3.22
8.78
6.49
2.25
3.42
14.01
34.73
6.12
1.26
6.69
10.38
8.43
9.34

%
8.1
16.8
34.7
16.6
11.2
10.6
48.0
10.5
16.2
24.5
16.4
6.3
14.9
6.6
20.0
28.2
6.3
14.1
9.9
13.6
62.8
10.7
23.9
17.3
26.7
16.8
11.9
5.1
19.0
35.5
7.0
17.2
14.4
13.6
19.0
17.2
18.5
20.9
6.2
8.0
7.8
9.2
14.4

Est. Payback

Company
Tickerdard
Name
Symbol
Sector
Movado Group Inc.
MOV
Consumer Discretionary
Myers Industries Inc.
MYE
Consumer Discretionary
National American University
NAUH Consumer Discretionary
National Oilwell Varco Inc. NOV
Energy
Neenah Paper Inc.
NP
Materials
Newell Rubbermaid Inc. NWL
Consumer Discretionary
NGL Energy Partners LP NGL
Energy
Nordstrom Inc.
JWN
Consumer Discretionary
Northrim BanCorp Inc.
NRIM Financials
Northwest Bancshares Inc. NWBI Financials
OGE Energy Corp.
OGE
Utilities
Omnicare Inc.
OCR
Health Care
Omnicom Group Inc.
OMC
Consumer Discretionary
Oracle Corp.
ORCL Information Tech
Orange County Bancorp Inc.
OCBI Financials
Oritani Financial Corp.
ORIT Financials
Oxford Industries Inc.
OXM
Consumer Discretionary
Packaging Corp of AmericaPKG
Materials
Patterson Companies Inc. PDCO Consumer Staples
PCTEL Inc.
PCTI
Information Tech
PennyMac Mortgage Investme
PMT
Financials
Penske Automotive Group In
PAG
Consumer Discretionary
PetMed Express Inc.
PETS Consumer Discretionary
Pfizer Inc.
PFE
Health Care
Philip Morris International PM
Consumer Staples
Pioneer Bankshares Inc. PNBI
Financials
PNC Financial Services Grou
PNC
Financials
PolyOne Corp.
POL
Materials
Portland General Electric Co
POR
Utilities
Preferred Apartment Commu
APTS Financials
Primerica Inc.
PRI
Financials
Principal Financial Group Inc.
PFG
Financials
ProAssurance Corp.
PRA
Financials
Provident Financial Holdings
PROV Financials
Provident Financial Services
PFS
Financials
Prudential Financial Inc. PRU
Financials
Public Storage
PSA
Financials
QNB Corp.
QNBC Financials
Quaint Oak Bancorp Inc. QNTO Financials
Quaker Chemical Corp.
KWR
Materials
Ralph Lauren Corp.
RL
Consumer Discretionary
Reinsurance Group of Ameri
RGA
Financials
Reliance Steel & AluminumRS
C
Materials
Tweed Chowder Confid. Estimated Dividends to be Paid in Year:

5-year Total

5-9 Straight Years Higher Dividends

Past Performance is No Guarantee of Future Results

Dividend Growth Model


(based on Earnings Estimates, if available)

Special Formulas
(see Notes tab)

Challengers

(and American Depository Receipts)

Current Price as % from:


5-yr 52-wk 52-wk 50-day 200-day
Beta
Low
High
MMA
MMA
1.61
29.7
(34.2)
8.3
(6.1)
1.60
17.8
(24.1)
(8.7)
(6.3)
1.25
60.0
(9.8)
(3.2)
2.8
2.04
18.1
(35.8)
4.2
(17.6)
1.25
29.1
(5.3)
(1.3)
5.9
1.29
37.7
(6.4)
(3.1)
6.1
0.07
32.3
(33.4)
5.0
(10.6)
1.26
27.9
(9.1)
(5.1)
2.2
0.63
20.3
(14.5)
4.2
(0.9)
0.71
8.1
(7.2)
4.2
2.6
0.60
6.9
(14.5)
1.9
(5.5)
1.28
53.7
(2.8)
12.8
25.7
1.42
19.9
(5.9)
(2.6)
3.4
1.41
22.5
(6.0)
0.8
5.2
n/a
n/a
n/a
3.7
6.5
0.57
14.7
(6.8)
2.9
5.4
0.94
59.6
(1.8)
22.7
30.0
1.11
22.8
(17.9) (10.9)
(4.3)
0.74
29.2
(8.4)
(3.5)
4.3
1.28
15.6
(11.6)
(1.8)
(0.5)
0.43
24.0
(6.6)
0.7
2.1
1.85
35.4
(9.8)
(3.7)
2.9
1.14
34.8
(9.5)
(1.7)
10.1
0.79
25.5
(4.5)
(1.9)
8.8
0.94
10.9
(5.2)
4.6
2.0
n/a
n/a
n/a
(0.7)
3.7
1.02
20.9
(4.6)
(0.9)
5.7
1.64
22.7
(9.2)
1.4
3.9
0.41
14.6
(13.7)
(3.5)
(0.7)
1.17
44.3
(2.5)
3.3
18.5
0.80
9.1
(16.9)
(8.7)
(7.8)
1.70
17.5
(5.8)
(0.1)
0.3
0.53
13.2
(4.5)
(1.3)
3.3
0.61
22.1
(8.1)
2.8
9.0
1.30
15.0
(5.5)
(2.7)
3.3
1.59
10.3
(12.2)
1.0
(2.8)
0.62
17.5
(8.5)
(3.2)
2.8
n/a
n/a
n/a
0.3
3.2
n/a
n/a
n/a
3.5
9.6
1.88
24.6
(10.4)
(1.9)
4.1
1.26
5.2
(28.6)
(1.0) (15.9)
1.25
27.6
(3.6)
(0.5)
7.7
1.70
28.8
(12.6)
9.9
3.8

MMA=Moving Market Average

Technical Data

Factor
n/a
n/a
n/a
n/a
9.5
(1.8)
(0.7)
0.1
1.8
(10.0)
5.4
4.7
(6.1)
(21.9)
(16.9)
n/a
(15.8)
n/a
(13.3)
(10.5)
(30.7)
n/a
(6.5)
1.7
(6.5)
n/a
n/a
7.9
n/a
n/a
24.7
192.4
17.8
(11.7)
(6.4)
9.1
15.7
n/a
132.2
n/a
(0.9)
n/a
(0.7)

Rule Factor 2015 2016 2017 2018 2019


n/a
50.8 0.93 1.02 1.07 1.13 1.18
n/a
53.1 0.31 0.34 0.36 0.39 0.42
n/a
32.3 0.65 0.71 0.75 0.80 0.85
n/a
42.3 1.08 1.19 1.22 1.26 1.30
28.0
69.1 0.72 0.79 0.87 0.96 1.05
17.7
69.2 2.63 2.83 3.08 3.36 3.66
12.2
56.3 2.83 2.97 3.26 3.59 3.95
15.0
62.1 2.63 2.89 3.18 3.50 3.84
18.9
51.4 0.77 0.80 0.87 0.94 1.01
14.6
65.4 1.53 1.68 1.85 2.03 2.24
31.6
51.8 1.84 2.02 2.22 2.45 2.69
23.0
65.4 0.88 0.97 1.06 1.17 1.29
19.3
52.5 1.36 1.50 1.65 1.81 1.99
6.7
54.3 0.99 1.09 1.18 1.29 1.40
17.7
57.6 0.37 0.41 0.45 0.50 0.55
n/a
60.6 0.72 0.79 0.87 0.96 1.05
25.1
55.9 5.50 6.05 6.58 7.15 7.78
n/a
32.5 1.95 2.14 2.32 2.50 2.70
17.2
53.6 0.57 0.62 0.66 0.71 0.76
10.5
66.9 2.04 2.24 2.46 2.71 2.98
43.9
42.8 0.74 0.81 0.89 0.98 1.08
62.9
39.2 0.23 0.25 0.25 0.26 0.27
11.7
57.8 1.44 1.54 1.60 1.66 1.73
20.9
62.0 0.51 0.55 0.60 0.66 0.73
12.6
38.1 2.27 2.30 2.37 2.44 2.51
n/a
54.0 1.17 1.27 1.40 1.53 1.69
n/a
28.5 1.29 1.41 1.50 1.59 1.68
24.4
67.0 0.58 0.64 0.71 0.78 0.85
n/a
56.5 0.52 0.57 0.61 0.66 0.72
n/a
58.6 0.61 0.67 0.73 0.81 0.89
49.3
62.6 1.54 1.69 1.83 1.97 2.12
203.3
55.7 1.99 2.08 2.23 2.40 2.58
34.7
63.9 1.13 1.24 1.36 1.48 1.62
14.1
53.1 0.42 0.46 0.50 0.55 0.61
7.9
60.2 0.97 1.01 1.11 1.22 1.35
30.7
64.8 0.93 1.02 1.10 1.17 1.25
28.4
68.4 0.77 0.84 0.88 0.94 0.99
n/a
60.7 0.44 0.48 0.51 0.53 0.56
142.7
51.3 2.91 3.04 3.34 3.67 4.04
n/a
48.7 2.95 3.24 3.56 3.92 4.31
15.5
58.9 3.40 3.74 4.11 4.52 4.97
n/a
57.2 0.56 0.62 0.68 0.75 0.82
13.8
64.0 1.23 1.36 1.49 1.64 1.80

$
5.33
1.82
3.76
6.04
4.39
15.55
16.60
16.03
4.39
9.33
11.22
5.37
8.31
5.95
2.28
4.39
33.05
11.61
3.32
12.42
4.50
1.26
7.96
3.05
11.89
7.05
7.47
3.56
3.09
3.69
9.15
11.28
6.84
2.53
5.66
5.48
4.42
2.52
17.00
17.98
20.73
3.42
7.52

%
18.0
11.6
22.4
20.4
7.0
13.1
25.0
27.6
16.8
9.9
17.4
7.7
41.9
9.1
8.2
3.3
18.2
24.7
9.8
8.3
9.3
15.2
14.5
10.1
21.9
10.1
34.4
18.4
8.2
7.4
10.7
47.0
8.9
14.4
16.3
16.8
10.6
10.6
44.1
17.1
45.6
9.4
11.3

Est. Payback

Company
Tickerdard
Name
Symbol
Sector
Rent-A-Center Inc.
RCII
Consumer Discretionary
Resources Connection Inc.RECN Financials
Retail Opportunity Investmen
ROIC Financials
RLJ Lodging Trust
RLJ
Financials
Rock-Tenn Company
RKT
Materials
Rockwell Automation Inc. ROK
Industrials
Royal Bank of Canada
RY
Financials
Safety Insurance Group Inc.SAFT Financials
Sandy Spring Bancorp Inc. SASR Financials
Schlumberger Limited
SLB
Materials
Scotts Miracle-Gro Company
SMG
Materials
Scripps Networks Interactive
SNI
Consumer Discretionary
Seaspan Corp.
SSW
Industrials
Sensient Technologies CorpSXT
Materials
Service Corp International SCI
Industrials
Signet Jewelers Limited
SIG
Consumer Discretionary
Simon Property Group Inc. SPG
Financials
Six Flags Entertainment Corp
SIX
Consumer Discretionary
Smith & Nephew plc
SNN
Health Care
Snap-on Inc.
SNA
Industrials
Solera Holdings Inc.
SLH
Information Tech
Sotherly Hotels Inc.
SOHO Financials
Southwest Gas Corp.
SWX
Utilities
SpartanNash Company
SPTN Consumer Discretionary
Spectra Energy Partners LPSEP
Energy
St. Jude Medical Inc.
STJ
Health Care
STAG Industrial Inc.
STAG Financials
Stage Stores Inc.
SSI
Consumer Discretionary
Standard Motor Products Inc.
SMP
Consumer Discretionary
Starbucks Corp.
SBUX Consumer Discretionary
Starwood Hotels & Resorts HOT
W
Consumer Discretionary
Starwood Property Trust Inc.
STWD Financials
State Street Corp.
STT
Financials
Steelcase Inc.
SCS
Consumer Discretionary
Stock Yards Bancorp Inc. SYBT Financials
Suncor Energy Inc.
SU
Energy
SunTrust Banks Inc.
STI
Financials
Symetra Financial Corp. SYA
Financials
TAL International Group Inc.TAL
Industrials
Targa Resources Corp.
TRGP Energy
Targa Resources Partners LNGLS Energy
TD Ameritrade Holding Corp
AMTD Financials
TE Connectivity Ltd.
TEL
Information Tech
Tweed Chowder Confid. Estimated Dividends to be Paid in Year:

5-year Total

5-9 Straight Years Higher Dividends

Past Performance is No Guarantee of Future Results

Dividend Growth Model


(based on Earnings Estimates, if available)

Special Formulas
(see Notes tab)

Challengers

(and American Depository Receipts)

5-yr
Beta
1.07
1.42
0.26
1.16
1.34
1.45
1.26
0.65
1.33
1.67
0.89
1.09
1.37
1.06
1.10
1.57
0.62
1.20
0.89
1.38
0.76
1.44
0.65
0.72
0.46
1.33
0.76
1.16
1.63
0.78
1.84
0.71
1.55
1.30
0.87
1.62
1.60
1.22
1.65
1.32
0.83
1.45
1.60
Low
29.3
35.1
18.0
17.8
46.6
21.7
19.0
24.5
19.2
25.9
30.1
3.2
25.0
32.6
51.9
41.8
15.8
51.8
19.5
35.4
6.6
30.2
18.8
59.0
17.7
28.9
9.7
24.6
16.7
45.0
27.6
16.7
25.1
26.0
32.0
23.7
23.4
27.9
5.8
29.0
21.7
29.6
31.0

52-wk
High
(20.4)
(15.0)
(10.4)
(17.3)
(11.9)
(6.2)
(10.1)
(10.8)
(4.5)
(19.2)
(6.9)
(18.6)
(13.8)
(6.7)
(2.4)
(4.9)
(11.4)
(8.0)
(14.6)
(3.5)
(29.6)
(1.9)
(13.8)
(7.8)
(8.8)
(7.5)
(20.2)
(17.0)
(16.6)
(4.8)
(2.3)
(2.8)
(3.9)
(13.6)
(5.0)
(23.4)
(4.0)
(8.4)
(15.0)
(33.5)
(43.3)
(6.0)
(9.7)

52-wk
MMA
8.1
(8.3)
(4.5)
(4.7)
(2.9)
3.8
7.6
(2.1)
(0.2)
10.0
(2.6)
(1.6)
7.5
(1.1)
5.6
3.8
(4.7)
(1.5)
(1.8)
1.9
(7.2)
7.3
(3.8)
2.5
2.7
3.7
(7.0)
(10.3)
(8.4)
3.9
4.4
0.3
2.5
(5.6)
2.1
7.4
0.1
1.2
(6.8)
7.0
6.2
(1.1)
(6.5)

MMA
1.2
(0.2)
2.8
(3.9)
10.8
6.0
(0.5)
1.0
6.2
2.0
7.3
(7.3)
2.8
11.1
20.9
11.4
1.0
15.1
(0.8)
12.4
(11.6)
7.7
(0.9)
23.4
2.0
7.6
(6.4)
0.9
(1.3)
19.5
9.0
5.5
4.7
3.2
10.2
(2.4)
5.5
6.5
(7.1)
(6.7)
(16.1)
6.7
3.8

50-day 200-day

Current Price as % from:

MMA=Moving Market Average

Technical Data

Factor
(25.2)
n/a
n/a
(3.3)
n/a
n/a
n/a
28.2
n/a
12.4
12.9
n/a
(5.8)
1.7
n/a
(6.4)
11.1
(11.0)
(0.8)
(51.1)
0.7
11.3
(19.5)
98.6
(5.2)
n/a
n/a
8.5
(34.0)
n/a
2.0
2.5
(3.4)
4.6
(4.2)
n/a
(19.1)
65.0
(13.0)
11.7
(1.6)
(12.8)
29.0

Rule Factor 2015 2016 2017 2018 2019


5.7
41.1 1.26 1.37 1.50 1.65 1.82
12.8
23.2 2.18 2.30 2.44 2.59 2.74
n/a
30.5 3.62 3.73 3.84 3.95 4.07
15.0
58.7 1.50 1.61 1.73 1.86 2.00
n/a
36.0 0.59 0.65 0.72 0.79 0.87
n/a
42.9 0.61 0.64 0.66 0.69 0.72
n/a
38.2 2.44 2.68 2.95 3.24 3.57
46.2
60.8 0.81 0.89 0.98 1.08 1.18
n/a
54.2 0.62 0.68 0.75 0.83 0.91
21.6
53.6 1.94 2.03 2.23 2.45 2.70
29.7
72.4 1.06 1.16 1.28 1.41 1.55
n/a
55.9 3.20 3.52 3.88 4.26 4.69
13.2
69.9 1.37 1.51 1.66 1.82 2.00
23.2
73.3 0.88 0.97 1.06 1.17 1.29
n/a
60.7 0.67 0.74 0.81 0.89 0.98
16.7
40.4 2.28 2.44 2.56 2.69 2.83
28.8
54.9 2.69 2.96 3.25 3.58 3.93
14.1
72.1 0.77 0.85 0.93 1.02 1.13
12.9
59.4 0.98 1.06 1.13 1.19 1.26
4.4
38.2 1.07 1.17 1.24 1.31 1.39
17.2
54.8 0.59 0.64 0.70 0.75 0.81
29.4
76.0 1.99 2.18 2.40 2.64 2.91
11.2
57.7 2.71 2.98 3.26 3.58 3.92
117.2
71.7 1.46 1.60 1.75 1.91 2.09
16.4
65.0 0.63 0.68 0.74 0.80 0.87
n/a
52.6 0.53 0.58 0.64 0.70 0.77
n/a
42.2 1.47 1.54 1.70 1.87 2.05
16.7
69.2 1.16 1.17 1.22 1.28 1.34
12.2
46.3 2.99 3.02 3.28 3.57 3.87
n/a
64.9 1.39 1.52 1.68 1.84 2.03
31.5
66.3 0.46 0.51 0.56 0.61 0.68
15.8
64.8 1.50 1.60 1.76 1.92 2.11
20.8
71.1 0.95 1.04 1.14 1.26 1.39
18.4
59.0 0.45 0.46 0.50 0.55 0.61
10.5
55.5 1.29 1.37 1.44 1.51 1.59
n/a
57.3 0.52 0.57 0.62 0.67 0.73
8.2
55.7 1.50 1.63 1.80 1.98 2.17
82.3
64.6 0.83 0.91 0.99 1.07 1.17
4.5
41.9 1.43 1.57 1.64 1.71 1.78
25.2
65.8 1.42 1.54 1.69 1.86 2.04
30.0
60.3 0.23 0.25 0.27 0.30 0.33
0.3
51.4 0.94 1.04 1.09 1.14 1.20
43.7
49.8 0.54 0.59 0.61 0.62 0.64

$
7.61
12.24
19.21
8.70
3.63
3.32
14.88
4.93
3.79
11.34
6.45
19.56
8.36
5.37
4.10
12.81
16.40
4.70
5.62
6.18
3.49
12.12
16.45
8.81
3.71
3.22
8.63
6.16
16.75
8.46
2.82
8.89
5.78
2.57
7.20
3.12
9.07
4.96
8.13
8.55
1.37
5.41
3.00

%
7.9
52.2
28.4
25.1
17.0
14.4
26.5
19.5
11.3
37.4
10.7
12.6
9.9
8.0
4.8
53.3
24.5
11.9
13.1
18.9
16.0
11.4
16.4
7.9
10.8
6.8
8.7
10.8
24.3
12.2
4.3
18.0
5.3
11.9
19.5
6.6
11.2
13.8
24.8
15.5
13.6
17.2
15.8

Est. Payback

Company
Tickerdard
Name
Symbol
Sector
Techne Corp.
TECH Health Care
Teekay Offshore Partners LP
TOO
Energy
Telenor ASA
TELNY Telecommunications
TELUS Corp.
TU
Telecommunications
Terreno Realty Corp.
TRNO Financials
Territorial Bancorp
TBNK Financials
Tesoro Logistics LP
TLLP Energy
TESSCO Technologies Inc.TESS Information Tech
Texas Roadhouse Inc.
TXRH Consumer Discretionary
Textainer Group Holdings LtTGH
Industrials
Thor Industries Inc.
THO
Consumer Discretionary
Time Warner Cable Inc.
TWC
Consumer Discretionary
Time Warner Inc.
TWX
Consumer Discretionary
Toro Company
TTC
Consumer Discretionary
Tractor Supply Company TSCO Consumer Discretionary
Triangle Capital Corp.
TCAP Financials
Tupperware Brands Corp. TUP
Consumer Discretionary
Tyco International Ltd.
TYC
Industrials
U.S. Bancorp
USB
Financials
UDR Inc.
UDR
Financials
Union Bankshares Corp. UBSH Financials
Union Pacific
UNP
Industrials
United Parcel Service Inc. UPS
Industrials
UnitedHealth Group Inc. UNH
Health Care
Unum Group
UNM
Financials
US Physical Therapy Inc. USPH Health Care
Vail Resorts Inc.
MTN
Consumer Discretionary
Valero Energy Corp.
VLO
Energy
Ventas Inc.
VTR
Financials
Viacom Inc. B
VIAB
Consumer Discretionary
Visa Inc.
V
Information Tech
Waddell & Reed Financial In
WDR Financials
Walt Disney Company
DIS
Consumer Discretionary
Washington Federal Inc. WAFD Financials
Washington Trust Bancorp WASH
In
Financials
Waste Connections Inc.
WCN Industrials
WD-40 Company
WDFC Materials
Webster Financial Corp. WBS
Financials
Weingarten Realty InvestorsWRI
Financials
Wells Fargo & Co.
WFC
Financials
Wendy's Company
WEN
Consumer Discretionary
WesBanco Inc.
WSBC Financials
West Bancorp Inc.
WTBA Financials
Tweed Chowder Confid. Estimated Dividends to be Paid in Year:

5-year Total

5-9 Straight Years Higher Dividends

Past Performance is No Guarantee of Future Results

Dividend Growth Model


(based on Earnings Estimates, if available)

Special Formulas
(see Notes tab)

Challengers

(and American Depository Receipts)

Current Price as % from:


5-yr 52-wk 52-wk 50-day 200-day
Beta
Low
High
MMA
MMA
0.62
12.8
(6.8)
(3.0)
2.3
0.79
27.1
(31.9)
9.1
(9.5)
n/a
20.8
(10.3)
8.4
7.0
0.45
7.7
(9.4)
1.1
(0.5)
0.50
26.0
(10.8)
(5.2)
2.4
0.22
21.3
(3.7)
1.8
9.1
0.72
15.8
(23.4)
1.7
(5.7)
1.29
16.8
(25.8)
3.3
(9.2)
0.83
44.1
(12.1)
(7.6)
7.8
1.18
7.3
(20.9)
(2.2)
(7.6)
1.85
23.8
(6.9)
(2.8)
7.8
0.97
22.6
(3.5)
1.2
6.3
1.17
41.2
(4.4)
(0.2)
4.9
0.81
21.1
(4.6)
(1.6)
6.3
1.10
54.4
(6.4)
(1.4)
15.9
0.62
32.2
(14.3)
2.2
1.3
1.14
16.1
(19.7)
(3.0)
(1.2)
0.85
4.6
(14.1)
(7.1)
(7.6)
0.96
13.8
(6.2)
(2.0)
0.6
0.61
33.1
(6.9)
(0.3)
7.6
1.40
10.0
(16.0)
(1.6)
(4.5)
0.94
15.8
(14.3)
(6.3)
(4.6)
0.97
8.3
(11.5)
1.6
(0.5)
0.61
52.4
(10.0)
(4.4)
12.7
1.37
11.8
(6.7)
2.0
1.6
0.88
61.7
(6.9)
1.8
18.0
1.17
56.9
(8.4)
2.4
14.2
1.87
35.5
(11.8)
(5.1)
9.7
0.34
16.1
(15.3)
(5.7)
(0.1)
1.12
10.6
(21.6)
(0.0)
(5.3)
0.81
35.9
(5.6)
(1.1)
8.9
2.10
21.2
(26.2)
(0.1)
0.5
1.17
40.8
(2.6)
2.2
15.5
1.32
11.4
(6.5)
(0.2)
1.9
1.03
16.9
(8.8)
(1.7)
2.5
0.40
13.4
(6.2)
0.1
1.1
0.75
25.3
(9.1)
(3.7)
5.6
1.59
36.7
(4.7)
(0.1)
13.3
1.00
11.5
(14.0)
(7.4)
(4.4)
1.12
20.2
(2.1)
0.5
4.8
0.91
34.5
(11.6)
(7.0)
10.0
1.01
14.6
(10.8)
(3.3)
(1.2)
0.95
42.5
(6.6)
1.5
15.8

MMA=Moving Market Average

Technical Data

602

707

Averages for

Averages for
(4.7)

(3.1)

Factor
(14.5)
(8.6)
n/a
n/a
n/a
n/a
0.4
36.0
n/a
2.3

15.8

17.2
70.9

70.6
1.49

1.46
1.64

1.61
1.79

1.76
1.95

1.92
2.12

2.09

Rule Factor 2015 2016 2017 2018 2019


19.7
53.1 2.81 3.09 3.39 3.73 4.11
12.9
62.8 2.90 3.19 3.51 3.86 4.25
n/a
63.1 0.51 0.56 0.62 0.68 0.75
n/a
29.7 0.17 0.17 0.18 0.18 0.19
n/a
39.8 2.23 2.45 2.55 2.65 2.75
n/a
42.9 0.25 0.25 0.26 0.27 0.28
20.9
68.5 3.20 3.52 3.88 4.26 4.69
56.3
64.6 1.54 1.69 1.86 2.05 2.25
n/a
63.4 0.56 0.62 0.68 0.74 0.81
22.3
70.1 1.31 1.44 1.58 1.74 1.92

8.99

8.84

$
17.12
17.73
3.11
0.89
12.63
1.31
19.56
9.40
3.40
8.00

14.6

14.6

%
23.5
10.1
6.5
36.2
25.6
1.5
16.8
11.0
9.2
14.9

Est. Payback

Company
Tickerdard
Name
Symbol
Sector
Western Gas Partners LP WES
Energy
Whirlpool Corp.
WHR Consumer Discretionary
Whole Foods Market Inc. WFM Consumer Discretionary
Wi-Lan Inc.
WILN Information Tech
Williams Partners LP new WPZ
Energy
Winmark Corp.
WINA Consumer Discretionary
WPP plc
WPPGY Consumer Discretionary
Wyndham Worldwide Corp.WYN
Consumer Discretionary
Xylem Inc.
XYL
Industrials
Averages:
353
Tweed Chowder Confid. Estimated Dividends to be Paid in Year:

5-year Total

5-9 Straight Years Higher Dividends

Past Performance is No Guarantee of Future Results

Dividend Growth Model


(based on Earnings Estimates, if available)

Special Formulas
(see Notes tab)

Challengers

(and American Depository Receipts)

0.92

0.93

24.4

25.1

(10.4)

(10.5)

(0.4)

(0.2)

3.4

3.6

Current Price as % from:


5-yr 52-wk 52-wk 50-day 200-day
Beta
Low
High
MMA
MMA
0.67
24.9
(5.2)
7.6
4.3
1.49
31.4
(19.1) (12.3)
(0.5)
0.74
33.5
(16.8)
(9.6)
4.4
n/a
5.6
(38.9)
(1.8) (15.0)
n/a
12.1
(20.1)
(0.0)
(7.1)
0.39
40.6
(1.0)
6.6
14.3
1.42
32.1
(3.6)
(0.3)
10.0
1.52
23.3
(9.5)
(5.9)
2.5
1.42
17.3
(6.4)
4.3
2.8
1.09
28.0
(10.7)
(0.2)
4.2

MMA=Moving Market Average

Technical Data

Deletions
#Unchanged in consecutive years
Companies in Green froze dividend, then resumed increases (See Appendix C on Notes tab)
Companies in Blue cut dividend, then resumed increases
Companies in Purple "cut" dividend due to currency exchange rate changes
Companies in Red were mistakenly added, later eliminated from statistics
No.
Date
Div
Div # Merg
Company
Symbol Yrs Deleted
Cut
Unch Acq Other Notes
ABB Limited
ABB
5
4/23/15
X
Abbott Laboratories
ABT
40 12/19/12
X
Spun off AbbVie, incr. '14, '15
Albany International Corp. AIN
8
9/10/10
X
2010=2009, Incr. '11, '12, '13, '14
Alfa Laval AB
ALFVY
5
4/23/15
X
Allete Inc.
ALE
8
10/20/10
X
2015 Challenger
Alliance Financial Corp.
ALNC
7
3/8/13
X
Acquired by NBT Bancorp
Allied World Assurance Co.AWH
H
5
8/18/11
X
Reinstated: '11 skip but '12 Incr.
Alterra Capital Holdings Ltd.ALTE
12
5/1/13
X
Acquired by Markel Corp.
X
PM Spin-off; Reinstated 3/6/10
Altria Group
MO
39
1/30/08
Amcol International Corp. ACO
7
9/10/10
X
Incr.'12,Acquired by Minerals Tech.
American Greetings
AM
8
12/7/12
X
'12='11, Acqd by Weiss family
American Science and Engin
ASEI
5
2/5/14
X
FY14=FY13
Anheuser-Busch
BUD
31 11/18/08
X
acq. by InBev; ADR '09, Incr.'10-'13
Apogee Enterprises Inc. APOG
8
10/6/10
X
2010=2009, incr. '12, '13, '14, '15
Arch Coal Inc.
ACI
8
5/1/12
X
Cut again in 2014
Arthur J. Gallagher & Co. AJG
23
7/23/10
X
2015 Challenger
Associated Banc-Corp
ASBC
38
4/21/09
X
Cut again '10, Incr. '12, '13, '14
Astrazeneca plc
AZN
9
8/2/13
X
Astro-Med Inc.
ALOT
7
8/21/12
X
FY2012=2011
Avery Dennison
AVY
32
8/4/09
X
2015 Challenger
Avon Products Inc.
AVP
22
11/1/12
X
BancorpSouth Inc.
BXS
25
9/5/10
X
cut twice '11; Incr. '13, '14
Bank of America
BAC
30
10/6/08
X
Cut again in 2009, Incr. In 2014
Bank of Hawaii
BOH
30 10/25/10
X
2010=2009
BB&T Corp.
BBT
37
5/11/09
X
Increases in 2011, 2012, 2013, '14
BCE Inc.
BCE
5
9/16/14
X
Beckman Coulter
BEC
17
7/7/11
X
acq. by Danaher Corp.
Birner Dental Management BDMS
9
9/18/13
X
2013=2012
Block (H&R) Inc.
HRB
12
9/10/10
X
2010=2009, increase in 2012
Boardwalk Pipeline PartnersBWP
8
2/10/14
X
Boeing Company
BA
6
10/25/10
X
2010=2009, incr. in '12, '13, '14,'15
Breitburn Energy Partners LP
BBEP
6
1/2/15
X
Cut again in 2015
Buckeye GP Holdings LP BGH
5
9/23/10
X
acq. by Buckeye Partners LP
Buckle Inc.
BKE
7
9/21/10
X
2010=2009, incr. in 2014, 2015
Cablevision Systems Corp. CVC
5
11/8/13
X
2013=2012
Campbell Soup Co.
CPB
8
5/24/13
X
FY13=FY12, Increase FY14
CARBO Ceramics
CRR
14
3/17/15
X
Carpenter Technology Corp.CRS
6
10/12/10
X
2010=2009
Cedar Fair LP
FUN
20
3/9/09
X
Susp '10, +/- '11, cut '12, +'13
CenturyLink Inc.
CTL
37 11/15/11
X
2011=2010, cut in 2013
Charles Schwab Corp.
SCHW
7
10/26/10
X
2010=2009
Chemical Financial
CHFC
34 10/26/09
X
2009=2008, cut '10, Inc. '12-'14
Chesapeake Energy Corp. CHK
7
9/10/10
X
2010=2009, increase in 2011
Cheviot Financial Corp.
CHEV
8
2/23/12
X
Increase in 2013
China Mobile Limited
CHL
8
9/22/14
X

China Petroleum & ChemicaSNP


Choice Hotels International CHH
Citizens Holding Co.
CIZN
City Holding Co.
CHCO
CNB Financial Corp.
CCNE
CNOOC Ltd.
CEO
Coca-Cola FEMSA S.A.B. de
KOF
Comerica Inc.
CMA
Comfort Systems USA Inc. FIX
Communications Systems In
JCS
ConAgra Foods Inc.
CAG
Consolidated Water Co. CWCO
Constellation Software Inc. CNSWF
Copa Holdings SA
CPA
Copano Energy LLC
CPNO
Corporate Office PropertiesOFC
T
Courier Corp.
CRRC
Covidien plc
COV
Crestwood Midstream Partne
CMLP
CSS Industries Inc.
CSS
Danaher Corp.
DHR
Delphi Financial Group
DFG
Dentsply International Inc. XRAY
Diebold Inc.
DBD
DPL Inc.
DPL
Duncan Energy Partners LPDEP
Dynex Capital Inc.
DX
EastGroup Properties
EGP
Ecology & Environment Inc.EEI
Eisai Company Ltd.
ESALY
El Paso Pipeline Partners LP
EPB
Eli Lilly & Company
LLY
Empresa Nacional de ElectriEOC
Energen Corp.
EGN
Energy Transfer Partners L ETP
P
EnergySouth Inc.
ENSI
Ensco plc
ESV
Enterprise GP Holdings LP EPE
Enventis Corp.
ENVE
Epoch Holding Co.
EPHC
EV Energy Partners LP
EVEP
F.N.B. Corp.
FNB
Family Dollar Stores
FDO
Fastenal Company
FAST
Federated Investors Inc. FII
Fifth Third Bancorp
FITB
First Capital Inc.
FCAP
First Financial Bankshares FFIN
FirstMerit Corp.
FMER
Florida Public Utilities
FPU
Foot Locker Inc.
FL
Fulton Financial
FULT

5
6
11
7
18
7
9
39
6
11
6
13
7
5
5
13
15
8
6
7
15
11
7
60
6
5
5
16
6
13
6
42
8
32
12
33
5
6
6
6
8
35
38
13
13
34
10
23
24
40
7
32

9/22/14
9/23/10
11/30/12
10/7/10
11/9/10
8/28/12
4/17/13
10/6/08
11/3/11
9/3/14
1/4/15
10/10/11
8/2/14
2/11/15
10/13/10
1/12/12
11/15/10
1/28/15
10/7/13
11/17/10
9/29/09
5/31/12
9/10/10
10/16/14
11/30/11
9/7/11
9/17/13
7/16/10
11/5/12
12/16/12
11/26/14
10/18/10
5/2/12
10/21/14
10/28/10
10/8/08
2/26/15
9/12/10
10/16/14
4/2/13
2/2/15
2/18/09
2/2/15
1/16/13
10/28/10
6/18/08
11/21/12
9/10/10
11/20/08
10/29/09
9/10/10
3/17/09

X
X
X
X
X

2010=2009
2012=2011, increase in 2014
2010=2009, incr. in '12, '13, '14, '15
2010=2009
Increase in 2013

X
X
X
X
X
X
X
X

2015 Challenger
2011=2010, Incr. in 2013, 2014
2014=2013
FY15=FY14
2011=2010
2014=2013

2010=2009; Acq. By KMP

2010=2009
Acquired by Medtronic
Merged with Inergy LP; new CMLP
2010=2009
2009=2008, incr. '10, '11, '14
Acquired by Tokio Marine Holdings
2010=2009, incr. In '12, '13,'14
2014=2013
Acquired by AES Corp.
acq. by Enterprise Prod. Partners
Cut again in 2014, 2015
2010=2009, Incr. '12, '13, '14
2012=2011

X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X

Acquired by Kinder Morgan Inc.


2010=2009, Increase in 2015

Cut After NatGas unit sale


2010=2009, Incr. In '13, '14, '15
Acquired by Sempra Energy

X
X
X

acq. by Enterprise Prod LP


Acquired by Consolidated Comm.
Acquired by TD Bank

Acquired by Dollar Tree Stores


Reinstated-2013>2012 (cut/incr)
2010=2009, increase in 2013
2015 Challenger
2012=2011, incr. in 2013, 2014
2015 Challenger
2008=2007, cut in 2009
acq. by Chesapeake Utilities
2015 Challenger
Increases in 2011, 2012

X
X

X
X
X
X
X
X
X
X
X
X
X

Gannett Company
GCI
Gas Natural Inc.
EGAS
GATX Corp.
GMT
General Electric
GE
Gentex Corp.
GNTX
Getty Realty Corp.
GTY
Glacier Bancorp
GBCI
Greif Inc. A
GEF
Greif Inc. B
GEF.B
Guess? Inc.
GES
H.J. Heinz Co.
HNZ
Harleysville Group
HGIC
Harleysville National
HNBC
Harleysville Savings
HARL
Harsco Corp.
HSC
Heritage Financial Group HBOS
Hershey Company
HSY
High Country Bancorp Inc. HCBC
Hillenbrand Industries
HB
HNI Corp.
HNI
Holly Corp. (now HFC)
HOC
Honeywell International
HON
Hudson City Bancorp
HCBK
Independent Bank Corp MAINDB
Inergy Holdings LP
NRGP
Inergy LP
NRGY
Infosys Technologies Ltd. INFY
Ingredion Inc.
INGR
Integrys Energy Group
TEG
Intel Corp.
INTC
Investors Real Estate TrustIRET
ITT Corp.
ITT
Johnson Controls
JCI
Joy Global Inc.
JOYG
Juniata Valley Financial
JUVF
Kaydon Corp.
KDN
KeyCorp
KEY
Kimco Realty
KIM
Kinder Morgan Energy Partn
KMP
Kinross Gold Corp.
KGC
Knight Transportation Inc. KNX
Koninklijke KPN N.V.
KKPNY
Kraft Foods
KFT
Lake Shore Bancorp Inc. LSBK
Lakeland Financial
LKFN
Landauer Inc.
LDR
La-Z-Boy Inc.
LZB
LCNB Corp.
LCNB
Legg Mason
LM
Lincoln National
LNC
Lyons Bancorp Inc.
LYBC
M&T Bank Corp.
MTB

39
5
5
32
7
11
16
7
8
6
9
25
27
22
16
6
33
6
35
19
16
5
12
8
6
10
15
6
51
10
39
8
33
5
22
6
43
15
18
5
7
8
8
6
13
9
25
23
27
25
12
27

2/25/09
12/2/11
10/22/10
2/27/09
9/10/10
9/23/11
10/1/09
8/31/12
12/4/12
11/28/12
6/7/13
5/1/12
11/17/08
10/19/11
10/10/11
2/24/11
10/19/09
11/6/14
3/31/08
11/18/09
9/10/10
10/29/10
4/20/11
9/16/10
8/10/10
4/26/12
12/2/11
9/15/10
10/14/10
9/12/14
6/30/11
11/8/11
9/29/09
11/23/10
10/31/13
9/9/13
6/18/08
9/29/09
11/26/14
8/9/13
11/8/12
8/1/12
9/10/10
10/27/12
10/20/10
5/15/13
2/19/08
11/10/09
5/4/09
10/31/08
11/30/12
11/17/09

X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X

Increases in 2011, 2012


2011=2010
Only 4 years before 2010 freeze
2015 Challenger
2010=2009, incr. in '11, '12, '13, '14
Cut in '11, '12; Incr. In '13, '14
2009=2008, Incr. in '12, '13, '14
FY2012=2011
Increases in 2013, 2014, 2015
2012=2011, increase in 2014
Acquired by Berkshire Hathaway+
Acquired by Nationwide Mutual
2008=2007, acq. by First Niagara
2011=2010, incr. '12, '13
2011=2010
Incr. '12, '13 (4Q'sPdDec12), '14
2014 Challenger
2014=2013
Split into Hill-Rom/Hillenbrand Inc.
2009=2008, incr. in 2011-2014
2010=2009, incr. '11-'14
2010=2009, incr. '11, '12, '13, '14
Cut again in 2013
2015 Challenger
acquired by Inergy LP
Cut again 2012/13, spun NRGM
2010=2009, incr. in '11, '12, '13, '14
2010=2009, Being Acq'd by WEC
2014=2013, Increase in 2015

X
X
X
X
X
X
X
X
X

Spun off XLS and XYL; incr. '13, '14


2015 Challenger
2010=2009,now JOY, incr. '14
2013=2012
Being Acquired by AB SKF
2015 Challenger
2015 Challenger
Acquired by Kinder Morgan Inc.

X
X

2012=2011

2010=2009; now KRFT/MDLZ


Increase in 2013
2010=2009, incr. '12, '13, '14, '15
FY12=FY11, cut in FY15
Suspended 2009, Incr. '12, '13, '14
2009=2008
Increases in 2010*, 2011-2014
2015 Challenger
No trade 3 Months; Reinstated '13
2009=2008

X
X
X
X
X
X
X
X
X
X

MarkWest Energy Partners MWE


L
Marshall & Ilsley
MI
Martin Marietta Materials MLM
Martin Midstream Partners LMMLP
Masco Corp.
MAS
Medicis Pharmaceutical Corp
MRX
Meridian Bioscience Inc. VIVO
Methanex Corp.
MEOH
Met-Pro Corp.
MPR
Molex Inc.
MOLX
Molex Inc.
MOLX
Molson Coors Brewing Co. T
BAP
Myers Industries
MYE
National CineMedia Inc. NCMI
National Healthcare Corp. NHC
National Instruments Corp. NATI
National Penn Bancshares NPBC
National Presto Industries NPK
National Research Inc.
NRCI
National Semiconductor NSM
Natural Resource Partners L
NRP
Navios Maritime Partners LP
NMM
NB&T Financial Group Inc. NBTF
Nestle S.A.
NSRGY
NewAlliance Bancshares NAL
Nippon Telegraph & Telepho
NTT
Noble Corp.
NE
Noble Energy Inc.
NBL
Northern Trust
NTRS
Northfield Bancorp Inc.
NFBK
Novartis AG
NVS
Novo Nordisk A/S
NVO
NSTAR
NST
NTT DoCoMo Inc.
DCM
NuStar Energy LP
NS
NuStar GP Holdings LLC NSH
NV Energy Inc.
NVE
Ohio Valley Banc Corp.
OVBC
Old National Bancorp
ONB
Orrstown Financial ServicesORRF
Otter Tail Corp.
OTTR
Overseas Shipholding Group
OSG
Park National Corp.
PRK
Paychex Inc.
PAYX
PennantPark Investment Corp
PNNT
Peoples Bancorp OH
PEBO
PetSmart Inc.
PETM
Pfizer Inc.
PFE
PG&E Corp.
PCG
Pharmaceutical Product Deve
PPDI
Pitney Bowes Inc.
PBI
Pool Corp.
POOL

7
36
16
7
50
5
19
7
12
5
10
5
30
6
7
10
31
8
9
6
10
6
9
14
5
11
8
7
22
5
12
14
14
11
12
8
7
15
26
11
33
5
20
20
6
43
6
41
6
6
30
6

10/27/10
1/15/09
11/11/10
10/26/10
3/27/09
12/11/12
11/10/11
11/24/10
9/1/13
9/29/10
12/9/13
11/14/13
9/29/09
10/31/13
11/15/10
10/31/13
4/24/09
2/21/12
6/24/13
9/21/11
10/22/13
10/23/14
9/21/10
4/23/15
9/1/10
12/10/13
2/3/12
10/26/10
11/30/09
4/25/13
4/6/13
3/31/15
4/9/12
11/29/13
10/31/13
10/31/14
12/19/13
10/18/11
4/27/09
11/1/11
10/30/09
9/21/10
8/22/10
10/13/10
9/4/13
8/29/09
3/11/15
1/26/09
9/19/12
11/30/11
4/30/13
11/4/10

X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X

2015 Challenger
Acquired by Bank of Montreal
2010=2009
2010=2009, incr. in '11, '12, '13, '14
Increase in 2014
Acquired by Valeant Pharma.
2011=2010, incr. In 2014
2015 Challenger
Acquired by CECO Environmental
Reinstated; Fiscal Year Streak OK
Acquired by Koch Industries
2013=2012, incr. 2014, 2015
2014 Challenger
2013=2012
Reinstated; deleted in error
2013=2012, Incr. in 2014, 2015
Cut again '09, incr. '11, '12, '13, '14
Increase in 2013 (Paid Dec '12)
Reorg>A/B shares
Acquired by Texas Instruments
Cut in 2014
2014=2013
2010=2009, incr. '11

X
X

acquired by First Niagara


X

X
X
X
X
X
X
X

Cut twice in 2012, Incr. 2013, 2014


2010=2009, incr. '11, '12, '13, '14
2009=2008, incr. '12, '13, '14, '15
'12 Reorg., incr. '13, '14
(Increase in 2014)
Acquired by Northeast Utilities

X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X

2013=2012
2014=2013
Acquired by Berkshire Hathaway
2011=2010
Increase in 2012, 2013, 2014, '15
Div. Suspended
2009=2008, Incr. in '14, '15
Only 4 yrs bef. freeze, now OSGB
2009=2008
2010=2009, incr. '11, '12, '13, '14
2013=2012
Increases in 2012, 2013, 2014
Acquired by BC Partners
2015 Challenger
2012=2011
Acquired by Carlyle Groep et al.

X
X

2010=2009, incr. '11, '12, '13, '14

Progress Energy
PGN
Progressive Corp.
PGR
Prospect Capital Corp.
PSEC
Protective Life Corp.
PL
Public Service Enterprise Gro
PEG
PVR Partners LP
PVR
QNB Corp.
QNBC
R.G.Barry Corp.
DFZ
Randgold Resources Ltd. GOLD
Regions Financial
RF
Riverview Financial Corp. RIVE
Robbins & Myers Inc.
RBN
Rockwell Collins Inc.
COL
Rogers Communications Inc.
RCI
Rohm and Haas
ROH
Royal Dutch Shell plc A
RDS-A
Royal Dutch Shell plc B
RDS-B
S&T Bancorp
STBA
Safeway Inc.
SWY
Sanderson Farms Inc.
SAFM
SeaDrill Limited
SDRL
Senior Housing Properties TSNH
Shaw Communications Inc.SJR
Shenandoah Telecommunica
SHEN
Shire plc
SHPG
Somerset Hills Bancorp
SOMH
State Auto Financial
STFC
State Street Corp.
STT
Stewart Enterprises Inc. STEI
Stock Yards Bancorp Inc. SYBT
Strayer Education Inc.
STRA
Sturm Ruger & Company Inc.
RGR
Suburban Propane PartnersSPH
SunTrust Banks Inc.
STI
Supervalu Inc.
SVU
Susquehanna Bancshares SUSQ
Synovus Financial
SNV
Talisman Energy Inc.
TLM
Teche Holding Co.
TSH
TECO Energy Inc.
TE
Teekay Corp.
TK
Teleflex Inc.
TFX
Telefonica S.A.
TEF
Teppco Partners
TPP
Tim Hortons Inc.
THI
Tower Group Inc.
TWGP
TransAlta Corp.
TAC
TransAtlantic Holdings
TRH
Trinity Industries Inc.
TRN
Trustmark Corp.
TRMK
U.S. Bancorp
USB
UDR Inc.
UDR

21
36
5
5
7
7
14
6
7
37
6
6
6
9
31
5
5
18
10
9
5
10
11
14
11
8
16
27
5
13
8
5
14
22
35
26
30
6
12
6
7
31
9
16
9
6
6
21
5
25
36
32

9/17/10
1/30/08
12/8/14
2/2/15
11/15/11
10/27/10
11/23/10
5/2/14
4/22/14
7/22/08
12/12/14
2/20/13
10/25/10
9/16/14
3/9/09
10/28/11
10/28/11
9/11/09
2/2/15
9/20/12
11/26/14
10/6/14
12/11/14
10/20/11
7/29/14
6/1/13
11/6/09
2/5/09
12/23/13
9/10/10
11/9/12
10/29/14
11/2/12
1/22/09
10/20/09
4/15/09
9/10/08
12/4/12
6/1/14
10/30/13
10/5/10
10/26/10
12/15/11
10/26/09
12/12/14
6/27/13
11/16/12
7/31/12
9/10/10
10/30/09
3/4/09
5/26/09

2010=2009, acq. by Duke Energy


Incr. '10, '11, '12; Cut '13, incr. '14
Only 4 years before 2015 cut
Acaquired by Dai-ichi Life
2011=2010, incr. '12, '13, '14, '15
incr. '11-'13,Acq'd by RGP
2010=2009, incr. '11, '12, '13, '14
Acq by Mill Road Capital
2014=2013, Incr. In 2015
Cut again in 2009, incr. '13, '14, '15
2014=2013, 2015 Cut
Acquired by National Oilwell Varco
2010=2009, increase in 2012

X
X
X
X
X
X
X
X
X
X
X
X
X
X

Acquired by Dow Chemical


2011=2010, incr. in '12, '13, '14
2011=2010, incr. in '12, '13, '14
Increases in 2013, 2014
Acquired by Cerberus et al
FY2012=2011, incr. In '13, '14

X
X
X
X
X
X
X

2014=2013
X

2011=2010, Incr. in 2013, 2014


Acq by AbbVie cancelled
Acquired by Lakeland Bancorp
2009=2008, Cut in 2012
2015 Challenger
Acquired by Service Corp. Int'l
2014 Challenger
Div. Suspended in 2013

X
X
X
X
X
X
X
X
X

'12='11, incr. '13, '14='13, incr. '15


2015 Challenger
Div. Suspended in 2012
Increases 2011-2014
Cut again in 2009, incr. In 2015
2012=2011, Being Acqd by Repsol
Acquired by IberiaBank
2013=2012, Incr. 2015
2010=2009
2010=2009

X
X
X
X
X
X
X
X
X
X
X
X
X

acq. by Enterprise Products LP


Acquired by Burger King
Merged with Canopius Holdings
X

X
X
X
X
X

Acquired by Alleghany Corp.


2010=2009, incr. '11, '12, '13, '14
2009=2008
2015 Challenger
2015 Challenger

Unilever NV
UN
12
12/7/12
Unilever plc
UL
12
12/7/12
United Bancorp Inc.
UBCP
14 11/10/10
United Bankshares
UBSI
35
9/29/09
United Community BancorpUCBA
6
9/28/12
X
United Financial Bancorp UBNK
8
5/6/14
United-Guardian Inc.
UG
5
11/24/14
X
Universal Forest Products UFPI
16 10/14/11
UNS Energy Corp.
UNS
15
8/29/14
Valley National Bancorp VLY
18
7/12/10
X
Vanguard Natural Resources
VNR
7
2/17/15
X
Village Super Market Inc. VLGEA 8
3/18/11
X
Vulcan Materials
VMC
15
6/11/09
X
W&T Offshore Inc.
WTI
5
3/4/15
X
Washington Federal
WFSL
25
1/30/09
X
Washington REIT
WRE
39
7/26/12
X
Washington Trust Bancorp WASH 16
9/17/10
WaterFurnace Renewable En
WFIFF 11
9/16/14
Watsco Inc.
WSO
11
1/11/13
X
Wells Fargo & Co.
WFC
20
3/6/09
X
Wesbanco Inc.
WSBC 22
8/29/09
X
Wesco Financial Corp.
WSC
39
6/24/11
Western Union Company WU
5
12/5/14
Williams Partners LP old WPZ
10
2/2/15
Willis Group Holdings plc WSH
7
9/10/10
Wilmington Trust
WL
27
2/5/09
X
Wolverine World Wide
WWW
15
9/10/10
Wrigley (Wm. Jr.) Co.
WWY
28
10/8/08
WSFS Financial Corp.
WSFS
10 10/29/10
Number of Companies
282
83
Excl. Incorrectly Added
278
82
Adj. No. of Companies
270
80
Percent of Total
100.0
29.6
Average Streak Ended:
15.1 11/25/11
* Despite increase, yearly total was lower than prior year

X
X
X
X
X
X

(Increases in 2013, 2014)


(Increases in 2013, 2014)
2010=2009, Cut in '12, Incr. '13, '14
Reinstated 12/3/09-YE Increase
Cut again in 2013
Only 3 years before 2009 freeze
2011=2010, Incr. '13, '14
Acquired by Fortis
Cuts in '09, '10, Incr. in '11, cut '12

Cut after '10 Special; incr. '12


Cut again in 2011, incr. 14 twice
2015 Challenger
X
X

X
X
X
X
X
X
X
129
126
124
45.9

48
48
47
17.4

22
22
19
7.0

2015 Challenger
Acquired by NIBE Industrier AB
Cut after '12 Spec.; incr '13, '14, '15
2015 Challenger
2015 Challenger
Acquired By Berkshire Hathaway
2014=2013, Incr. In 2015
Acquired by Access Midstream LP
2010=2009, incr. '12, '13, '14, '15
Acquired by M&T Bank
2010=2009, increase in 2011
Acquired by Mars Inc.
2010=2009, incr. '14
Includes Later Adjustments
Excludes Incorrect Additions
Excludes Reinstatements

Supplemental Statistics:
Deletions, followed by Increases
"Cut" due to currency exchange
Companies no longer traded
"Permanent" Deletions - so far
Number of Companies

No. % of Total
113
41.9
12
13.8
58
21.5
87
22.9
270
100.0

Cut
45
--3
32
80

Freeze M&A
67
0
----6
47
51
--124
47

Other Notes
1
(see Appendix C on Notes tab)
12 (Despite local-currency increase)
2
4
19

Deletions by Year:

No. % of Total
15
5.6
44
16.3
62
23.0
28
10.4
37
13.7
36
13.3
30
11.1
18
6.7

Cut
9
28
1
8
14
6
7
7

Freeze M&A
2
3
13
3
57
4
13
6
13
5
13
12
12
8
1
6

Other
1
0
0
1
5
5
3
4

2008
2009
2010
2011
2012
2013
2014
2015

Notes
(Prior to Contenders, Challengers)
(Prior to Contenders, Challengers)
(Challengers first populated)

Number of Companies

270

100.0

Deletions by Streak Length:


5-9 years
10-14 years
15-19 years
20-24 years
25-29 years
30-34 years
35-39 years
40-44 years
45-49 years
50 years or more
Number of Companies

No. % of Total
127
47.0
44
16.3
24
8.9
16
5.9
14
5.2
20
7.4
16
5.9
6
2.2
0
0.0
3
1.1
270
100.0

80
Cut
29
7
5
5
8
10
12
3
0
1
80

124

47

Freeze M&A
65
25
19
9
15
4
10
1
4
2
7
3
1
2
1
1
0
0
2
0
124
47

19
Other
8
9
0
0
0
0
1
1
0
0
19

Additions and other company-specific changes


2/12/08 Added Franklin Resources (annual increases since 1981)
2/16/08 Corrected Teleflex Inc. note; not being acquired; DRIP fees changed to Yes
4/4/08 Note removed from Myers Industries (takeover by GS Capital cancelled)
4/28/08 Note added to Wrigley (agreed to be acquired by Mars Inc.)
7/10/08 Note added to Rohm & Haas (agreed to be acquired by Dow Chemical)
7/14/08 Note added to Anheuser-Busch (agreed to be acquired by InBev)
7/28/08 Note added to EnergySouth Inc. (agreed to be acquired by Sempra Energy)
9/30/08 Corrected Harleysville National (HNBC) info (no increase since late 2006)
11/20/08 Added Brown-Forman Class B (div. increased for 25th straight year)
11/21/08 Added BancorpSouth Inc. (div. increased for 25 straight years)
11/21/08 Added F.N.B. Corp. (div. increased for 37 straight years; "Alternator" company)
11/23/08 Added Bowl America Class A (div. increased for 37 straight years)
11/23/08 Added Community Trust Bancorp (div. increased for 28 straight years)
1/26/09 Changed notation on Rohm and Haas (Acquisition by Dow Chemical in question)
2/19/09 Added Progress Energy to Contenders tab (21 years)
4/20/09 Added Notation to Florida Public Utilities (being acquired by Chesapeake Utilities)
6/29/09 Added Notation to Teppco Partners (being acq'd by Enterprise Products Partners)
7/1/09 Changed name CenturyTel to CenturyLink following merger with Embarq
7/20/09 Added Harleysville Savings to Contenders tab (22 years)
8/6/09 Added LCNB Corp. to Contenders tab (23 years)
12/7/09 Added New Jersey Resources to Contenders tab (15 years)
1/8/10 Added Harsco Corp. to Contenders tab (16 years)
1/15/10 Added Lincoln Electric Holdings to Contenders tab (15 years)
1/23/10 Added Polaris Industries to Contenders tab (15 years)
3/5/10 Added United Technologies to Contenders tab (16 years)
3/5/10 Added Holly Corp. and Universal Forest Products to Contenders (16 years each)
3/7/10 Added Albemarle (16 years) and Buckeye Partners (15) to Contenders tab
3/7/10 Added Franklin Electric (17 years) and Urstadt Biddle Properties (16)
3/12/10 Added Erie Indemnity Company to Contenders tab (20 years)
3/13/10 Added Martin Marietta Materials to Contenders tab (16 years)
3/14/10 Added UMB Financial Corp. to Contenders tab (19 years)
3/25/10 Added Hingham Institution for Savings to Contenders tab (15 years)
3/26/10 Added Tompkins Financial to Contenders tab (24 years)
3/30/10 Added Expeditors International, Matthews International to Contenders (15 yrs each)
3/30/10 Added People's United Financial to Contenders tab (16 years)
3/31/10 Added First Financial Bankshares to Contenders tab (23 years)

4/27/10
5/10/10
5/10/10
5/12/10
5/21/10
6/23/10
6/29/10
7/3/10
7/24/10
7/24/10
7/24/10
7/24/10
7/27/10
7/28/10
8/3/10
8/6/10
8/11/10
8/22/10
9/8/10
9/9/10
10/19/10
10/21/10
10/22/10
10/25/10
10/28/10
11/23/10
11/25/10
12/15/10
12/29/10
12/29/10
1/10/11
1/10/11
1/11/11
1/13/11
1/14/11
1/25/11
1/27/11
1/28/11
1/30/11
2/3/11
2/4/11
2/9/11
2/10/11
2/17/11
2/25/11
3/2/11
3/21/11
3/27/11
4/1/11
4/18/11
4/22/11
4/26/11

Added International Business Machines to Contenders tab (15 years)


Changed Clarcor streak from 26 to 45 years per company website
Changed Gorman-Rupp streak from 35 to 37 years (during 2009) per press release
Moved NACCO Industries from Contenders tab to Champions list (25 years)
Added ACE Limited to Contenders tab (18 years)
Changed FPL Group (FPL) to NextEra Energy (NEE) on Contenders tab
Changed Questar Corp. to Questar Resources and added notation re: QEP Spin-off
Adjusted Questar current dividend and history for QEP spin-off
Added Enbridge Inc. and RenaissanceRe Holdings to Contenders tab (15 years)
Added Imperial Oil Ltd. to Contenders tab (18 years)
Added PartnerRe Limited to Contenders tab (17 years)
Added Southside Bancshares to Contenders tab (16 years)
(through Sept.) Populated Challengers tab and added new companies
Added Ohio Valley Banc Corp. to Contenders tab (15 years)
Changed General Dynamics streak from 17 to 19 years per Yahoo data
Added Investors Real Estate Trust (39 years) to Champions, DivHistory tabs
Corrected Questar Corp. dividend amounts per latest increase, web site info
Moved Travelers Co's from Contenders to Challengers (2004 div cut re: merger)
Added Unisource Energy Corp. to Contenders tab (11 years)
Moved Brady Corp. from Contenders to Champions (25 years)
Moved Shenandoah Telecommunications from Challengers to Contenders (10 years)
Added Met-Pro Corp. to Contenders tab (10 years)
Changed Shenandoah Telecommunications from 10 years to 14 per website
Moved NuStar Energy LP from Challengers to Contenders (10 years)
Added Orrstown Finmancial Services to Contenders tab (10 years)
Moved McCormick & Co. from Contenders to Champions (25 years)
Moved Computer Services Inc. from Challengers to Contenders (22 years)
Moved Nu Skin Enterprises Inc. from Challengers to Contenders (10 years)
Moved Royal Gold Inc. from Challengers to Contenders (10 years)
Moved Span America Medical Systems from Challengers to Contenders (11 years)
Added Duke Energy to Challengers tab; 6 years adj. For 2007 Spectra Energy spin-off
Corrected Telefonica S.A. from 5 to 8 years (and 2005 dividend amount)
Added Citizens Financial Services to Contenders tab (12 years)
Added Canadian Natural Resources to Contenders tab (10 years)
Added National Healthcare Corp. back to Challengers; was deleted in error
Moved Norfolk Southern from Challengers to Contenders (10 years)
Moved Sunoco Logistics Partners LP from Challengers to Contenders (10 years)
Moved HCP Inc. from Contenders to Champions (26 years)
Added Unilever NV and Unilever plc to Contenders tab (10 years)
Moved Novartis AG from Challengers to Contenders (10 years)
Moved Landmark Bancorp from Challengers to Contenders (10 years)
Moved Auburn National Bancorp from Challengers to Contenders (10 years)
Moved Thomson Reuters Corp. from Challengers to Contenders (18 years)
Added National Health Investors to Contenders tab (10 years)
Moved Teche Holding Co. from Challengers to Contenders (10 years)
Moved Novo Nordisk A/S from Challengers to Contenders (10 years)
Moved Raven Industries from Contenders to Champions (25 years)
Added Infosys Technologies Ltd. to Contenders tab (14 years)
Moved Watsco Inc. from Challengers to Contenders (10 years)
Moved Southern Company from Challengers to Contenders (10 years)
Corrected Peoples United Financial streak from 18 to 19 years per company info
Moved Valmont Industries from Challengers to Contenders (10 years)

5/6/11
5/17/11
5/24/11
5/25/11
5/26/11
6/6/11
7/21/11
7/28/11
8/23/11
9/9/11
9/9/11
10/16/11
10/16/11
10/20/11
10/21/11
11/9/11
11/22/11
12/16/11
12/16/11
12/28/11
1/20/12
2/24/12
3/12/12
3/14/12
4/18/12
5/3/12
6/8/12
6/12/12
6/13/12
6/14/12
6/14/12
6/15/12
6/26/12
7/1/12
7/11/12
8/2/12
8/3/12
8/21/12
8/21/12
9/14/12
9/23/12
11/5/12
11/15/12
12/4/12
12/24/12
2/3/13
2/18/13
3/2/13
3/22/13
4/17/13
5/14/13
5/15/13

Moved Microchip Technology from Challengers to Contenders (10 years)


Moved W.R. Berkley from Challengers to Contenders (10 years)
Moved Donaldson Company from Contenders to Champions (25 years)
Moved Flowers Foods from Challengers to Contenders (10 years)
Moved Bunge Limited from Challengers to Contenders (10 years)
Moved FedEx Corp. from Challengers to Contenders (10 years)
Moved Tompkins Financial from Contenders to Champions (25 years)
Moved Maxim Integrated Products from Challengers to Contenders (10 years)
Corrected H.J. Heinz streak from 7 to 8 years per company/Yahoo info
Moved Nippon Telephone & Telegraph from Challengers to Contenders (10 years)
Moved NTT DoCoMo Inc. from Challengers to Contenders (10 years)
Corrected Eagle Financial Services streak from 7 to 24 years per company info
Moved Eagle Financial Services from Challengers to Contenders (24 years)
Moved Cass Information Systems from Challengers to Contenders (10 years)
Moved Eagle Financial Services from Contenders to Champions (25 years)
Corrected Aaron's Inc. streak from 7 to 9 years per company/Yahoo info
Corrected Valspar streak from 30 to 33 years per press release
TC Pipelines LP symbol changed from TCLP to TCP
AGL Resources symbol changed from AGL to GAS
Prosperity Bancshares symbol changed from PRSP to PB
Corrected 1st Source streak from 21 to 24 years per press release
Corrected Texas Pacific Land Trust streak from 7 to 9 years per press release
Changed Hubbell Inc. listing to HUB.B from HUB-A per FinViz listing
Changed BWL-A and GRF-B to BWL.A and GEF.B per Google listing
Corrected Sonoco Products streak from 29 to 30 years per press release
Corrected Cardinal Health streak from 23 to 16 years per research
Corrected Universal Health Realty Trust streak from 24 to 26 years per research
Corrected Enterprise Bancorp streak from 8 to 18 years per company website
Reinstated Molex Inc. to Challengers as Fiscal Year (June) Streak Intact
Corrected United Technologies streak from 18 to 19 years per research
Corrected Hingham Institution for Savings streak from 17 to 18 years per research
Corrected Thomasville Bancshares streak from 9 to 13 years per research
Corrected Bowl America A streak from 39 to 40 years as a Fiscal Year streak
Corrected Accenture plc streak from 6 to 7 years per research
Shire plc symbol changed from SHPGY to SHPG
Corrected McGraw-Hill most recent increase to eliminate erroneous 8/30 raise
Changed name of UniSource Energy Corp. (UNS) to UNS Energy Corp. (UNS)
Corrected J.M. Smucker streak from 13 to 15 years per research
Changed Vanguard Natural Resources to Monthly per press release
Changed W.P. Carey & Co. LLC to W.P. Carey Inc. and designated as REIT
Corrected Microsoft streak from 8 to 10 years (as Fiscal Year streak) per research
Changed Pentair Inc. to Pentair Ltd. and notated as ADR-Switzerland
Corr. Amer. Eq. Invest. streak from 9 (previous) to 9 (current) years per research
Corr. First Financial streak from 24 (previous) to 24 (current) years per news release
Changed G&K Services Inc. symbol from GKSR to GK
Corrected Atmos Energy streak from 25 to 29 years per Annual Report
Adjusted Northrop Grumman dividends prior to 3/31/11 spin-off of Huntington Ingalls
Adjusted L-3 Communications dividends prior to 7/18/12 spin-off of Engility Holdings
Corrected Novo Nordisk dividend history from 2003 per Fidelity data
Corrected Illinois Tool Works streak from 49 to 38 years per Annual Report info
McGraw-Hill Companies (MHP) changed to McGraw Hill Financial Inc. (MHFI)
Corrected Landauer Inc. streak from 10 to 9 years (pre-deletion) per Annual Report

5/29/13
6/23/13
6/24/13
7/5/13
7/7/13
7/7/13
7/7/13
7/7/13
7/7/13
7/7/13
7/7/13
7/7/13
7/7/13
7/7/13
7/7/13
7/7/13
7/7/13
7/7/13
7/7/13
7/7/13
7/7/13
8/1/13
9/2/13
9/4/13
9/18/13
10/1/13
10/8/13
11/8/13
11/21/13
12/6/13
12/20/13
1/30/14
2/20/14
3/3/14
3/31/14
4/7/14
4/21/14
5/6/14
5/8/14
5/21/14
5/23/14
6/4/14
7/21/14
8/6/14
8/6/14
9/9/14
10/20/14
11/7/14
11/13/14
11/19/14
11/26/14
11/26/14

National Research Corp. (NRCI) changed to National Research B (NRCIB)


Corrected (reversed) TECO Energy erroneous increase entered for May/June 2013
Corrected PSB Holdings streak from 9 (w/increase) to 20 years per press release
Corrected Flowserve dividend history and current rates per 6/21 split (3-for-1)
Corrected Foot Locker (deleted 2010) streak from 5 to 7 years; Angel=10 of 11
Corrected Ingredion (deleted 2010) streak from 5 to 6 years; Angel=9 of 10
Corrected stats to eliminate Overseas Shipholding, which was incorrectrly added
Corrected Choice Hotels International (deleted 2010) streak from 5 to 6 years
Corrected Carpenter Technology (deleted 2010) streak from 5 to 6 years
Corrected stats, Angels to eliminate GATX Corp., which was incorrectrly added
Corrected Rockwell Collins (deleted 2010) streak from 5 to 6 years; Angel=7 of 9
Corrected Pool Corp. (deleted 2010) streak from 5 to 6 years; Angel=9 of 10
Corrected United Community Bancorp (deleted 2012) streak from 5 to 6 years
Corrected Gentex Corp. (deleted 2010) streak from 6 to 7 years; Angel=10 of 11
Corrected Willis Group (deleted 2010) streak from 6 to 7 years; Angel=9 of 11
Corrected Buckle Inc. (deleted 2010) streak from 6 to 7 years
Corrected Teekay Corp. (deleted 2010) streak from 6 to 7 years
Corrected Charles Schwab Corp. (deleted 2010) streak from 6 to 7 years
Corrected Martin Midstream (del. 2010) streak from 6 to 7 years; Angel=10 of 11
Corrected Noble Energy (deleted 2010) streak from 6 to 7 years; Angel=10 of 11
Corrected CSS Industries (deleted 2010) streak from 6 to 7 years
Corrected Honat Bancorp dividend history and current rates for 7/16 split (6-for-1)
Changed Sector designation for PetMed Express to Consumer Discretionary
Adjusted Murphy Oil dividends and history for Murphy USA spin-off
Corrected McDonald's streak from 37 to 38 years to include 1976 as Year 1
Corrected Clarcor Inc. streak from 48 to 30 years per press release/website
Fastenal reinstated as 2013 payments (after 1Q cut) exceeded 2012 payments
Corrected Western Union streak from 4 to 5 years; added to Challengers
Corrected Nike Inc. streak from 11 to 12 years (return to January pay schedule)
Corrected Texas Pacific Land Trust streak from 9 to 10 years ('12 accelerated='13)
Corrected MGE Energy streak from 37 to 38 years per press release
Added 'plc' to Perrigo Company and labeled as ADR-Ireland
Corrected Wal-Mart Stores streak from 40 to 41 years per press release
Corrected Chubb Corp. streak from 49 to 32 years per press release
Corrected Altria Group streak from 45 to 44 years per press release
Changed name of Mine Safety Appliances to MSA Safety Inc.
Corrected Computer Services Inc. streak from 25 to 42 years per press release
Demoted United Financial Bancorp to Near Challenger per website history
Hickory Tech Corp. (HTCO) was renamed Eventis Corp. (ENVE)
Corrected First Financial Corp. streak from 25 to 26 years per press release
Corrected Thomasville Bancshares streak from 15 to 13 years per press release
Corrected Health Care REIT streak from 7 to 11 years per 1/22/07 press release
Corrected name Eventis Corp. to Enventis Corp. (formerly Hickory Tech)
Corrected Shire plc deletion from 2013 cut (not cut) to 2014 Abbvie acquisition
Corrected supplemental info for Shire from 9-yr 2013 cut to 11-yr 2014 acquisition
Changed name of CVS Caremark to CVS Health Corp. (CVS)
Reinstated Shire plc to Contenders due to cancellation of AbbVie acquisition
Changed name of DeVry Inc. to DeVry Education Group Inc.
Corrected Marketing Alliance Inc. streak from 10 to 13 years per website history
Updated name S.Y. Bancorp to Stock Yards Bancorp Inc. (SYBT)
Changed Hingham Institution for Savings to exclude "regular" Special dividends
Adjusted Hingham Institution for Savings streak from 21 to 7 years

12/23/14
1/1/15
1/28/15
2/2/15
2/10/15
2/19/15
2/19/15
3/15/15
4/13/15
4/20/15
4/22/15

Corrected Landmark Bancorp dividend history to reflect all 5% stock dividends


Changed Walgreen Company (WAG) to Walgreens Boots Alliance Inc. (WBA)
Changed Medtronic Inc. to Medtronic plc following Covidien acquisition/inversion
Access Midstream Partners LP (ACMP) renamed Williams Partners LP (WPZ) new
Adjusted Southern Co. streak fromn 13 to 14 years, re: 2001 Mirant spin-off ratio
Corrected T. Rowe Price streak from 28 to 29 years per press release
Changed Northeast Utilities (NU) to Eversource Energy (ES)
Corrected Williams-Sonoma 2009 dividend amount per Yahoo, etc.
Corrected JMP Group Inc. from quarterly to monthly distributions
Corrected Microsoft streak from 12 to 13 (fiscal) years per additional research
Corrected Parker Hannifin streak from 58 to 59 (fiscal) years per press release

End of Companies Yrs


Dec07
139
34.5
Jan08
136
34.9
Feb08
136
35.2
Mar08
135
35.2
Apr08
135
35.3
May08
135
35.4
Jun08
133
35.4
Jul08
132
35.5
Aug08
132
35.6
Sep08
131
35.6
Oct08
126
35.8
Nov08
128
35.9
Dec08
128
35.9
Jan09
125
36.1
Feb09
120
36.4
Mar09
116
36.4
Apr09
112
36.7
May09
109
36.8
Jun09
109
36.9
Jul09
109
36.9
Aug09
107
37.0
Sep09
104
37.1
Oct09
98
37.4
Nov09
97
37.6
Dec09
98
37.7
Jan10
98
37.8
Feb10
98
38.0
Mar10
99
38.1
Apr10
99
38.2
May10
100
38.3
Jun10
100
38.4
Jul10
100
38.4
Aug10
101
38.5
Sep10
101
38.5
Oct10
97
38.6
Nov10
98
38.6
Dec10
98
38.7
Jan11
99
38.7
Feb11
99
38.8
Mar11
100
38.7
Apr11
100
38.8
May11
101
38.8
Jun11
100
38.8
Jul11
100
38.7
Aug11
101
38.6
Sep11
101
38.7
44.54
43.72
44.41
45.89
46.49
42.80
43.96
44.88
43.72
37.58
35.58
35.71
32.75
29.80
32.30
35.82
36.52
36.80
39.50
40.63
42.64
43.46
45.14
45.79
44.87
46.06
48.10
49.53
46.36
44.27
46.83
44.63
48.07
49.50
49.53
51.99
51.85
53.67
54.12
54.85
54.39
50.42
49.00
47.56
44.38

Price
2.97
3.13
3.09
3.02
3.06
3.53
3.32
3.23
3.17
3.68
3.94
3.92
4.57
4.93
4.36
3.79
3.66
3.64
3.39
3.30
3.22
3.21
3.11
3.05
3.14
3.10
2.98
2.90
3.13
3.26
3.08
3.33
3.06
2.94
2.97
2.86
2.92
2.85
2.82
2.79
2.80
2.89
2.96
3.06
3.26

Yield

% Inc
10.23
10.21
10.15
10.06
9.92
9.18
10.52
10.67
10.85
10.50
10.36
9.91
9.59
9.30
8.77
8.74
8.63
8.68
8.35
8.37
7.79
7.49
7.60
7.18
7.05
7.11
5.10
5.15
5.19
5.16
5.37
5.39
5.42
5.43
5.71
5.98
6.04
5.95
6.09
6.37
6.56
6.63
6.57
6.63
6.70
6.80
3
3
25
25
28
29
27
27
70
69
70
70
67
65
61
62
65
65
81
82
82
82
85
139
132
131
126
129
135
141
142
144
147
148
147
147
148

Price

Yield

% Inc

No. of
Challengers (5-9 years)
Companies Yrs
Price
Yield
% Inc

Contenders:
Prior to May 2009, informal list of 27 companies or less
Prior to June 2009, no pricing or div. rate included
Prior to July 2010, prev. div. rate, % increase not included
Prior to August 2010, streaks of 10-14 years not included
(Prior Listing was 15-24 years)
17.9
18.0
31.68
3.80
18.0
33.76
3.50
18.1
34.49
3.45
18.3
35.51
3.44
18.4
34.80
3.50
18.4
36.44
3.43
18.4
37.24
3.33
18.4
36.52
3.39
18.6
37.24
3.35
18.3
40.34
3.06
Challengers:
18.4
43.21
2.95
Prior to Nov. 2010, prev. div. rate, % increase not included
18.4
40.28
3.14
Prior to August 2010, streaks of 10-14 years included
18.4
38.62
3.28
(Initial Listing was 5-14 years)
18.3
41.67
2.98
6.71 v
111
9.2
38.97
3.36
15.8
38.12
3.37
6.36 <
203
6.7
35.54
3.33
15.6
41.64
3.20
6.66
200
6.7
40.16
3.11
15.6
42.83
3.12
6.44
189
6.8
41.36
2.94
15.7
43.56
3.05
6.39
192
6.8
41.73
3.00
10.97
15.7
45.84
2.90
6.63
190
6.9
44.65
2.90
10.93
15.5
45.97
2.93
6.88
202
6.9
43.55
2.95
10.52
15.5
46.96
2.95
7.60
207
6.9
45.81
2.91
9.52
15.4
48.34
2.95
8.33
205
6.9
46.12
2.92
9.50
15.4
50.31
2.88
8.07
204
7.0
47.17
2.90
9.52
15.3
49.32
2.93
8.13
201
7.0
46.09
3.00
9.77
15.3
48.23
2.97
7.98
201
7.0
45.51
3.04
9.80
15.2
46.48
3.11
8.02
204
7.0
43.95
3.15
9.82
15.1
44.55
3.21
8.05
204
7.1
41.89
3.30
10.47
15.1
40.47
3.41
7.95
201
7.1
38.83
3.55
10.97

Companies Yrs

Comparison with Previous Months (NOT adjusted for additions, deletions, etc.)
No. of
Champions (25+ years)
No. of
Contenders (10-24 years)

End of Companies Yrs


Oct11
103
38.5
Nov11
102
38.6
Dec11
102
38.7
Jan12
102
38.8
Feb12
103
38.8
Mar12
103
38.9
Apr12
105
38.7
May12
104
38.9
Jun12
105
38.8
Jul12
105
38.7
Aug12
105
38.8
Sep12
105
38.9
Oct12
105
39.0
Nov12
106
39.0
Dec12
105
39.0
Jan13
105
39.1
Feb13
105
39.4
Mar13
105
39.4
Apr13
104
39.5
May13
104
39.5
Jun13
104
39.6
Jul13
105
39.5
Aug13
105
39.6
Sep13
105
39.4
Oct13
105
39.6
Nov13
105
39.7
Dec13
105
39.8
Jan14
105
39.9
Feb14
105
40.0
Mar14
105
39.9
Apr14
105
40.1
May14
106
40.1
Jun14
106
40.2
Jul14
107
40.1
Aug14
107
40.2
Sep14
107
40.2
Oct14
105
40.2
Nov14
105
40.3
Dec14
106
40.2
Jan15
106
40.3
Feb15
105
40.5
Mar15
105
40.5
Apr15
105
40.6

Price
48.80
49.74
49.98
51.39
52.58
53.35
53.88
51.79
53.04
53.20
53.24
54.73
53.26
53.89
53.48
56.35
57.25
59.16
60.57
60.58
59.72
61.94
59.02
61.41
64.09
65.14
64.42
61.16
63.60
64.12
64.30
64.80
66.14
62.95
65.28
63.64
67.28
68.38
69.58
67.49
69.74
69.21
68.28

Yield
3.02
2.97
2.94
2.89
2.86
2.83
2.86
2.99
2.97
2.95
2.95
2.86
2.89
2.94
2.93
2.77
2.77
2.67
2.58
2.61
2.67
2.52
2.68
2.59
2.50
2.50
2.49
2.60
2.55
2.51
2.52
2.53
2.48
2.64
2.55
2.65
2.52
2.53
2.50
2.58
2.55
2.57
2.62

% Inc
6.96
7.24
7.24
7.09
7.12
6.89
7.21
7.27
7.12
7.33
7.42
7.31
7.59
7.73
7.75
7.82
8.31
8.36
8.29
8.31
9.07
8.84
8.91
8.82
8.91
9.00
8.68
8.70
8.44
8.47
8.57
8.17
8.02
8.15
8.17
8.14
8.39
8.52
8.25
8.27
8.29
8.23
7.89

Companies Yrs
144
15.1
145
15.1
146
15.1
152
15.0
161
14.9
166
14.7
165
14.6
166
14.6
172
14.6
174
14.4
176
14.4
178
14.4
181
14.4
180
14.3
183
14.3
189
14.3
199
14.2
201
14.2
203
14.2
207
14.2
209
14.3
208
14.3
209
14.3
210
14.3
209
14.3
211
14.4
210
14.5
213
14.6
220
14.6
222
14.6
229
14.5
231
14.5
231
14.5
236
14.4
239
14.4
239
14.4
245
14.4
246
14.3
246
14.4
250
14.4
249
14.6
249
14.6
249
14.7

Price
45.98
46.81
46.20
47.30
47.81
48.31
48.00
45.88
47.89
48.03
49.36
50.23
49.88
50.60
50.89
56.29
56.91
58.42
58.79
58.62
57.54
59.17
57.99
59.84
62.34
63.89
65.14
62.38
64.14
64.42
64.06
64.71
65.79
63.56
65.23
63.65
68.07
68.20
68.71
67.10
70.40
70.26
69.61

Yield
3.16
3.14
3.10
3.08
3.12
3.10
3.02
3.19
3.10
3.07
3.06
3.05
3.07
3.01
3.02
2.89
2.92
2.84
2.81
2.84
2.85
2.78
2.83
2.78
2.64
2.61
2.59
2.70
2.69
2.65
2.69
2.67
2.64
2.76
2.67
2.76
2.65
2.65
2.64
2.75
2.70
2.72
2.73

Comparison with Previous Months (NOT adjusted for additions, deletions, etc.)
No. of
Champions (25+ years)
No. of
Contenders (10-24 years)
% Inc
7.92
7.97
8.47
8.67
8.56
8.80
9.25
9.18
8.62
8.73
8.56
8.73
8.39
8.59
8.58
8.62
8.42
8.62
8.86
8.83
8.79
8.66
8.56
8.54
8.61
8.74
8.89
8.43
8.28
8.12
8.36
8.43
8.64
8.22
8.35
8.47
8.85
8.93
8.61
8.43
8.38
8.17
7.96

No. of
Challengers (5-9 years)
Companies Yrs
Price
Yield
201
7.2
42.63
3.27
202
7.2
42.43
3.37
200
7.2
42.62
3.36
197
7.2
44.38
3.29
195
7.2
44.79
3.24
194
7.1
44.68
3.27
191
7.2
45.33
3.31
189
7.2
42.06
3.54
196
7.2
43.88
3.44
195
7.2
43.92
3.49
190
7.2
43.15
3.45
187
7.2
44.06
3.43
189
7.2
44.45
3.49
180
7.2
44.66
3.57
170
7.2
45.25
3.62
175
7.1
47.02
3.35
167
7.1
47.29
3.33
164
7.1
49.49
3.22
164
7.2
50.36
3.24
160
7.1
50.62
3.30
155
7.1
50.27
3.32
156
7.1
51.15
3.27
158
7.1
49.92
3.44
154
7.1
53.04
3.21
153
7.1
54.96
3.07
155
7.2
56.60
3.07
161
7.1
57.74
3.06
170
7.0
57.77
3.15
184
6.8
59.65
3.11
192
6.7
58.87
3.09
192
6.6
58.18
3.04
203
6.4
59.12
3.03
206
6.4
60.07
2.92
207
6.3
58.08
3.00
207
6.2
59.01
2.94
208
6.2
55.77
3.13
218
6.1
55.27
3.09
238
6.0
56.81
3.01
259
5.9
56.76
3.12
281
5.8
54.17
3.15
309
5.8
55.63
2.92
336
5.8
54.02
2.89
353
5.8
53.82
2.93
% Inc
11.00
10.98
10.99
10.89
11.95
12.15
10.30
10.01
10.27
10.06
10.02
9.63
10.36
10.21
10.43
10.64
10.42
10.51
10.27
10.40
10.36
10.41
10.58
10.63
10.78
11.11
11.10
11.53
11.42
11.50
12.09
12.38
12.42
12.69
11.99
12.29
11.98
12.23
12.28
11.85
12.16
12.10
12.42

End of

Companies Yrs

Price

Yield

% Inc

Price

Yield

% Inc

(This space reserved for the future)

Companies Yrs

Comparison with Previous Months (NOT adjusted for additions, deletions, etc.)
No. of
Champions (25+ years)
No. of
Contenders (10-24 years)
No. of
Challengers (5-9 years)
Companies Yrs
Price
Yield
% Inc

e
D

Ap

Ap

7
c0

0.00

1.00

2.00

3.00

4.00

5.00

6.00

ec
D

07

8
r0

Au

8
g0

Ap

Champions

Average Yield

Contenders

Challengers

Champions

Contenders

Challengers

08 09 09 09 10 10 10 11 11 11 12 12 12 13 13 13 14 14 14 15
ec Apr ug ec Apr ug ec Apr ug ec Apr ug ec Apr ug ec Apr ug ec Apr
D
D
D
D
D
D
D
A
A
A
A
A
A

g ec
Au D

ec
D

07

0.00

2.00

4.00

6.00

8.00

10.00

12.00

14.00

ec
D

Contenders

Challengers

Ave Most Recent % Increase

Champions

8 09 09 09 10 10 10 11 11 11 12 12 12 13 13 13 14 14 14 15
8
8
r
r0 g0 c0
r
r
r
r
r
r
c
c
c
c
c
c
g
g
g
g
g
g
Ap Au De Ap Au De Ap Au De Ap Au De Ap Au De Ap Au De Ap Au De Ap

Average Price

Champions

Contenders

Challengers

8 09 09 09 10 10 10 11 11 11 12 12 12 13 13 13 14 14 14 15
8
8
r0 g0 c0
r
r
r
r
r
r
r
c
c
c
c
c
c
g
g
g
g
g
g
Ap Au De Ap Au De Ap Au De Ap Au De Ap Au De Ap Au De Ap Au De Ap

07

0.00

10.00

50

2
1
3
4
0
9
1
3
2
4
0
5
0
1
2
3
4
g ec0 pr1 ug1 ec1 pr1 ug1 ec1 pr1 ug1 ec1 pr1 ug1 ec1 pr1 ug1 ec1 pr1
A
A
A
A
A
A
D
D
D
D
D
Au D
A
A
A
A
A

20.00

100

09

30.00

150

9
r0

40.00

200

08

50.00

250

08

60.00

300

8
r0

70.00

350

80.00

400

Number of Companies

Additions:
Access National Corp. (ANCX) to Challengers
Avery Dennison Corp. (AVY) to Challengers
Columbia Banking System Inc. (COLB) to Challengers
CSI Compressco LP (CCLP) to Challengers
Ethan Allen Interiors Inc. (ETH) to Challengers
First Defiance Financial Corp. FDEF) to Challengers
First Financial Bankshares Inc..(FFIN) to Challengers
Humana Inc. (HUM) to Challengers
Janus Capital Group Inc. (JNS) to Challengers
Jones Lang Lasalle (JLL) ro Challengers
Lakeland Bancorp Inc. (LBAI) to Challengers
ManpowerGroup Inc. (MAN) to Challengers
Medallion Financial Corp. (TAXI) to Challengers
Methanex Corp. (MEOH) to Challengers
Provident Financial Holdings Inc. (PROV) to Challengers
Tesoro Logistics LP (TLLP) to Challengers
Union Bankshares Corp. (UBSH) to Challengers
Webster Financial Corp. (WBS) to Challengers
West BancorpInc. (WTBA) to Challengers
Whirlpool Corp. (WHR) to Challengers
Deletions:
ABB Limited (ABB) from Challengers
Alfa Laval AB (ALFVY) from Challengers
Nestle S.A. (NSRGY) from Contenders
Promotions:

MR = Most Recent

4/30/15 Champions Contenders Challengers


No. of Companies
105
249
353
Ave. No. of Years
40.6
14.7
5.8
Average Price
68.28
69.61
53.82
Average % Yield
2.62
2.73
2.93
Ave. MR % Increase
7.89
7.96
12.42
3/31/15 Champions Contenders Challengers
No. of Companies
105
249
336
Ave. No. of Years
40.5
14.6
5.8
Average Price
69.21
70.26
54.02
Average % Yield
2.57
2.72
2.89
Ave. MR % Increase
8.23
8.17
12.10
12/31/14 Champions Contenders Challengers
No. of Companies
106
246
259
Ave. No. of Years
40.2
14.4
5.9
Average Price
69.58
68.71
56.76
Average % Yield
2.50
2.64
3.12
Ave. MR % Increase
8.25
8.61
12.28

Quick Summary:
Total
707
14.1
61.53
2.81
9.85
Total
690
14.3
62.19
2.78
9.81
Total
611
15.3
63.79
2.82
9.93

CCC Projections:
(Number of Companies)
Month: May15
Jun15
Jul15
Aug15
Sep15
Oct15
Nov15
Dec15
Jan16
Beginning
707
716
725
733
743
753
760
770
773
Additions *
11
10
10
11
11
9
13
7
12
Deletions **
2
1
2
1
1
2
3
4
2
Ending
716
725
733
743
753
760
770
773
783
*Estimates Based on Near-Challengers Ex-Dividend Anniversaries (except foreign ADRs)
**Based on Overdue (Near deletion), Currency-related reductions, and Pending Acquisitions, then average monthly rate

International Speedway Corp. (ISCA) from Challenger to Contender

Feb16
783
20
2
801

# of Years
in Streak

64
63
62
61
60
59
58
57
56
55
54
53
52
51
50
49
48
47
46
45
44
43
42
41
40
39
38
37
36
35
34
33
32
31
30
29
28
27
26
25
24
23
22
21
20
19

CCC Aging:

Number of Companies at December 31:


2007
2008
2009
2010
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
1
1
0
1
1
2
1
1
2
4
1
2
3
0
2
4
1
1
3
0
2
1
1
3
1
1
3
1
1
0
1
1
0
4
1
0
4
3
0
4
2
1
5
3
1
3
1
1
3
1
1
3
1
6
3
2
7
2
3
7
1
3
6
3
3
3
3
2
3
9
4
5
7
9
9
10
9
5
4
8
3
4
7
8
6
4
9
6
4
6
9
7
6
2
10
8
2
2
8
7
3
1
7
4
2
4
3
1
3
2
3
4
2
6
7
7
6
4
7
7
6
0
11
8
1
3
6
1
3
6
3
4
4
6
8
4
7
3
4
5
4
4
3
5
0
0
0
0
0
0
1
1
2
3
1
1
1
1
0
4
3
1
3
1
6
2
3
3
6
11
3
4
4
6
3
2
1
3
1
7
4
0
4
6
4
3
4
5
5
13

2011
0
0
0
0
0
1
1
2
4
0
1
1
1
0
4
3
1
3
1
6
2
3
3
9
6
3
4
2
8
3
2
1
3
2
7
3
0
4
6
5
2
1
2
7
14
14

2012
0
0
0
0
1
1
2
4
1
0
1
1
0
4
2
0
3
1
6
2
3
3
8
7
3
6
4
5
3
2
2
2
2
6
5
0
4
6
4
1
3
2
5
14
17
10

2013
0
0
0
0
1
2
4
1
0
1
1
0
4
2
0
1
2
6
1
4
3
10
6
3
5
6
4
3
2
2
2
2
6
5
0
4
6
4
1
2
2
5
13
17
11
6

2014

2015

Change from
Prior Year:
Champions
Contenders
Challengers
CCC Totals:

Champions
Contenders
Challengers
CCC Totals:

150

139

159

97
62

98
129
190
417

4
17
10
31

2011

102
146
200
448

2011
16
12
4
10
8
10
8
19
25
47
43
43
36
31
448
32
480

3
37
-30
10

2012

105
183
170
458

2012
13
7
10
9
9
10
13
26
46
35
48
29
30
28
458
50
508

0
27
-9
18

2013

105
210
161
476

7
10
10
10
9
15
22
43
33
44
28
27
24
38
476
179
655

2013

1
36
98
135

2014

106
246
259
611

9
9
11
8
14
23
41
32
45
22
22
23
36
156
611
221
832

2014

-1
3
94
96

2015

105
249
353
707

(YTD)

2015

=No Data
=Streaks began in recession year. For more information, see the
following website: http://en.wikipedia.org/wiki/List_of_recessions_in_the_United_States
=Recession Year

Number of Companies at December 31:


2007
2008
2009
2010
-5
-31
1
16
40
67
190
11
9
258

128
22

133
6

Number of Companies at December 31:


2007
2008
2009
2010
18
6
11
17
6
17
16
15
13
15
10
7
14
10
13
11
12
7
11
11
10
15
9
25
8
43
7
39
6
49
5
34
CCC Totals:
139
150
159
417
4
26
Totals:
443
(including Near-Challengers)

# of Years
in Streak

CCC Aging:

# of Years
in Streak

CCC Aging:

Number of Companies at December 31:


2007
2008
2009
2010
2011

2012

2014

2015

(This space reserved for the future)

2013

Revisions
12/31/07
12/31/07
1/2/08
1/2/08
1/4/08
1/5/08
1/14/08
2/13/08
2/13/08
2/26/08
2/28/08
3/20/08
9/30/08
10/1/08
11/1/08
11/19/08
12/3/08
1/30/09
2/15/09
5/29/09
6/24/09
5/5/10
5/21/10
5/27/10
6/28/10
6/28/10
7/6/10
7/6/10
7/12/10
7/12/10
7/13/10
7/19/10
7/23/10
7/23/10
7/27/10
8/1/10
8/3/10
8/6/10
8/11/10
8/13/10
8/23/10
8/27/10
8/30/10
8/30/10
8/30/10
9/10/10
9/15/10
9/18/10
9/20/10
10/25/10
11/17/10

Price and Yield columns added


Default printing changed from Portrait to Landscape
Added horizontal lines every five companies to improve readability
Added Industry column and averages for yield and dividend increase percentage
Combined Source(s) into one column (PR=Press Release; WS=Web Site; IR=IR Response)
Sent e-mails to IR Depts. at all unconfirmed companies requesting confirmation/correction
Entered (IR) in Blue to indicate that no response was received.
Changed Date text to Green for companies expected to announce increase in next 30 days
Changed file name format to reflect specific date of update (yymmdd)
Added columns for DRIP fees on dividend reinvestment (DR) and/or stock purchase (SP)
Added Average Price and Comparison to Last Month at bottom
Deleted DRIP w/SPP column as unnecessary (Y/N implied by DRIP Fees columns)
Added Tab for Contenders - companies nearing eligibility
Added link to www.dripinvesting.org (Tools page) at top of heading
Added Web Links tab for companies' Yahoo! Summary page, IR Page, DRIP Prospectus
Completed population of Web Links tab
Added DRIP Fee Notations to Contenders tab
Highlighted in Red yields above 10%
Added Average Price and Comparison to Last Year at bottom
Added companies with 15-19 years to Contenders tab (with date of last increase)
Added Price, Annual Dividend, and Yield columns to Contenders tab
Added DivHistory tab; began population
Added subtitle to include U.S.-traded American Depository Receipts (ADRs)
Completed DivHistory population; inserted columns for 5- and 10-year % change
Changed 5- and 10-year % Change to Average % Change on DivHistory tab
Added Acceleration/Deceleration Ratio and Averages to DivHistory tab
Added Industry column to Contenders tab and populated
Duplicated Champions heading design to Contenders tab and added all other columns
Completed population of additional columns, formulas on Contenders tab
Added Summary/average line to Contenders tab
Added Summary/average lines for all prior months to Champions tab
Replaced 5- and 10-year Average Annual Dividend Increase with CAGR on DivHistory tab
Moved Contenders tab to left behind DivHistory tab
Moved Revisions tab to left behind Contenders tab
Added Challengers tab for streaks of up to 14 years
Began additional population of Challengers tab per online research
Renamed CAGR to DGR (Dividend Growth Rate) on DivHistory tab
Moved all companies with streaks of 10-14 years to Contenders tab and filled columns
Completed additional population of Challengers tab per online research
Added Contenders section to DivHistory tab and began population
Completed population of Contenders section of DivHistory tab; added summaries
Deleted Web Links tab due to limited usefulness; saved 30k per file
Replaced Source(s) column with Quarterly Schedule on Champions, Contenders tabs
Inserted Sequence column next to No./Years on Champions, Conteners, Challengers tabs
Updated Note tab for recent changes, additions
Added Changes tab for company-specific actions
Added Fundamental Data Section to Champions, Contenders; Inserted Formulas
Moved Champions, Contenders Summary stats to new tab to avoid printing overlap
Added Charts to Summary tab, arranged for printing
Added Note column to Challengers tab
Added Industry column to Challengers tab and populated

Revisions
11/18/10
11/18/10
11/18/10
11/29/10
11/30/10
11/30/10
12/7/10
12/15/10
12/15/10
12/16/10
12/29/10
12/30/10
12/30/10
12/30/10
12/30/10
12/31/10
12/31/10
1/19/11
2/9/11
2/28/11
2/28/11
2/28/11
3/16/11
4/25/11
4/26/11
5/27/11
7/2/11
7/3/11
7/28/11
7/28/11
7/29/11
7/29/11
8/1/11
8/31/11
9/19/11
9/20/11
9/26/11
10/20/11
12/7/11
12/7/11
12/15/11
12/15/11
12/15/11
12/21/11
12/26/11
12/28/11
3/12/12
3/13/12
3/14/12
3/17/12
3/17/12

Moved Dividend History to Champions and Contenders tabs; deleted DivHistory tab
Added DRIP Fees columns to Challengers tab and populated
Duplicated Champions heading design to Challengers tab and added all other columns
Completed population of additional columns, formulas on Challengers tab
Added Fundamental Data Section to Challengers; Inserted Formulas
Added Annual Dividend column to Fundamental Data sections, now used for Payout Ratio
Added 2010 column to Dividend History on Champions/Contenders tabs; began population
Completed population of 2010 dividend column on Champions/Contenders tabs
Changed 5- and 10-year DGRs to compare 2010 dividend to 2005 and 2000 dividends
Added Dividend History to Challengers tab; began population
Completed population of Challengers' Dividend History and calculations
Added 1- and 3-year DGR (Dividend Growth Rate) to all Dividend History sections
Added Average % Change vs. Prior Year to bottom of each Dividend History
Removed Update Date from main headings; Date at top of Price column coincides with posting
Added Fiscal Year Ending month column to Fundamental Data sections and populated
Added Appendix to Notes tab listing companies with 4-year streaks
Revised Market Cap format in Fundamental Data sections and added average
Added Annualized Rate (@) to Notes columns, filled in ADR countries
Added detail to Industry columns, esp. MLPs, REITs, Retail, Technology
Added combined Champions/Contenders averages to Contenders tab
Added combined Contenders/Challengers averages to Challengers tab
Added combined Champions/Contenders/Challengers averages to Challengers tab
Added Multiple Increases This Year (&) to Notes columns
Inserted Fundamental Data column for Premium/Discount to Graham Number
Added column explanations to Notes tab
Changed Yield calculation to use Annual Dividend (from New Rate)
Added columns for Percentage Increase by Year (excludes decreases, division by zero)
Added columns for Mean (simple average) and Standard Deviation
Inserted column for Estimated 5-year Annual EPS Growth to Fundamental Data sectio
Added Quick Summary (page 2 of 3) to Summary tab
Expanded notations on Deletions section of Changes tab
Expanded range of green dates to 1-2 months ahead (by ex-dividend date), including Appendix
Inserted column for Number of Analysts to Fundamental Data section
Revised columns AG-AJ to show % current price vs. 52-week High/Low and 50, 200-day MMA
Added Count and Average lines to deletion table on Changes tab
Added Tweed Factor column to Champions, Contenders, and Challengers tabs
Added descriptions of Mean, Standard Deviation, and Tweed Factor to Notes tab
Added Appendix B to Notes tab listing "Frozen Angels"
Added Confidence Factor and new Appendix A to Notes with Scoring System
Changed Appendix A and B to B and C, respectively
Added columns for 2011 Dividends Paid and 2011 vs. 2010 Percent Change
Reset Dividend Growth Rate columns to use 2011 instead of 2010
Modified Mean (Simple Average) and Standard Deviation to include 2011 Change
Completed population of 2011 Dividends Paid column
Added Dividend Growth Model columns and inserted description on Notes tab
Adjusted column widths and formatting for printing purposes
Set up portfolios on FinViz to replace data from Yahoo Finance
Changed notation in cells X1 to indicate that data is from FinViz.com
Set up portfolio on Google for (12) companies not recognized by FinViz
Changed Estimated Next Year and Next 5 Year % Change from formulas to values
Changed This Year Est EPS from $ amount to percentage and 2 decimals to 1

Revisions
3/17/12
3/20/12
3/22/12
3/24/12
4/29/12
7/18/12
8/17/12
9/24/12
10/11/12
11/13/12
12/8/12
12/12/12
12/12/12
12/12/12
12/12/12
12/12/12
12/22/12
12/24/12
12/24/12
12/26/12
12/27/12
12/27/12
12/27/12
12/28/12
12/28/12
12/28/12
12/29/12
12/30/12
12/30/12
1/10/13
1/14/13
1/14/13
1/16/13
1/27/13
2/12/13
2/13/13
2/16/13
4/30/13
5/9/13
5/29/13
7/23/13
8/8/13
8/21/13
9/5/13
11/6/13
11/6/13
11/6/13
11/18/13
12/9/13
12/9/13
12/12/13

Deleted Next Year Est EPS amount column; Inserted Beta column
Color-coded data cells from FinViz (Blue) and Google (Brown)
Adjusted Confidence Factor formula for This Year Est EPS % (from $ amount/TTM EPS)
Updated Notes for changes to EPS estimated growth columns
Changed note for alternate source from Google to Yahoo
Color-coded subsequent increases in Deletion table on Changes tab
Modified Column Headings and Created Range-Names for easier sorting
Added more column dexcriptions to main Notes section
Added All CCC tab to combine companies (values only)
Revised Summary tab to include Challengers historical data, updated formatting
Added (temporary) Appendix D to Notes tab for Special Dividends paid
Added columns for 2012 Dividends Paid and marker for 2013 accelerated dividends
Began population of 2012 Dividends Paid column with current annual rate, to be replaced
Changed Dividend Growth Rate calculations from 2011 to 2012 Dividends Paid
Added column for 2012 vs. 2011 Dividends Paid and extended range of Simple Average
Revised headings and updated formulas for Dividend Growth Model columns
Completed population of 2012 Dividends Paid columns
Modified formulas for Payout Ratio, Graham, P/E to show "n/a" when appropriate
Added calculations of average Old/New dividend rates and Annual Dividend
Copied Technical Data columns to extreme right and deleted old columns
Added columns for P/FCF, ROE, Debt/Equity, and Insider Ownership %
Added column to calculate Free Cash Flow (FCF) Payout Ratio
Relabeled Payout % Ratio as EPS % Payout
Filled new data columns with temporary data and added formula for FCF Payout Ratio
Added new column for Sector designations and adjusted printing width
Reset Range Names and Print Ranges to include relocated columns
Populated Sector column with designatyions from FinViz (and Yahoo)
Added Chowder Rule column and formulas, with conditional formatting
Updated explanations for new and relocated columns on Notes tab
Removed notations for multiple increases in 2012 (&) and Jan13 Pd 2012
Applied Conditional Formatting to Yield and MR% Increase columns (Red if <2%)
Applied Conditional Formatting to DGR columns (Red if <2%)
Applied Conditional Formatting to Premium/Discount to Graham Number (Green if <0%)
Added Supplemental Statistics below Deletion table on Changes tab
Removed notations for Feb13 Pd 2012
Added notations for additional streak year (by default) for overdue companies in Red
Deleted (temporary) Appendix D to Notes tab for Special Dividends paid
Updated Number of Analysts per Yahoo Analysts Estimates pages
Updated Deletions table on Changes tab and Frozen Angels for subsequent actions
Added column for Past 5 years' EPS Growth percentage
Added "New" designation for companies added to Near-Challengers in current month
Replaced FinViz Sector names with GICS (Global Industry Classification Standard)
Added CCC (Number of Companies) Projection to Summary tab
Updated Frozen Angels for default year of increases in 2012 (no incr. but higher than 2011)
Modified Challenger 3-, 5-, and 10-year DGR formulas to insert "n/a" (instead of manually)
Modified Contender 10-year DGR formulas to insert "n/a" (instead of manually)
Modified Challenger/Contender A/D formulas to insert "n/a" (instead of manually)
Modified EPS%Payout, +/-%Graham, and P/E formulas to insert "n/a" (instead of manually)
Added column for 2013 Dividends Paid and initially populated at current rates
Began re-population of 2013 Dividends Paid column (adjusted for '13 to '12 acceleration)
Completed population of 2013 Dividends Paid column with actual (adjusted) figures

Revisions
12/13/13
12/15/13
12/17/13
12/20/13
12/23/13
12/23/13
1/13/14
2/18/14
5/9/14
8/6/14
8/8/14
8/8/14
8/9/14
9/3/14
10/23/14
10/24/14
11/21/14
12/9/14
12/11/14
12/12/14
12/15/14
12/16/14
12/19/14
12/24/14
12/31/14
1/8/15
2/11/15

Changed Dividend Growth Rate calculations from 2012 to 2013 Dividends Paid
Added column for 2013 vs. 2012 Dividends Paid and extended range of Simple Average
Revised headings and updated formulas for Dividend Growth Model columns
Added column for 5-year DEG (Dividend-to-Earnings Growth) ratio, added item to Notes
Added column for Regular Dividends Paid over 15 years (1999-2013, inclusive), plus Note
Changed Dividends Paid from 4 to 3 decimals and adjusted column-widths from 5.5 to 5
Removed notations for multiple increases in 2013 (&) and 2014=Year # (in 2013 file)
Added "US$" notation to foreign ADRs that pay dividends in US$
Removed columns for FCF % Payout Ratio and P/FCF due to questionable/missing data
Added purple color to deletions table for "cuts" due to currency exchange rates
Added purple color to Near-Challengers due to pending currency-rate effect on pay dates
Modified CCC Projection on Summary tab for currency-rate "cuts" in additions/deletions
Adjusted Supplemental Data on Changes tab to move currency deletions from Cuts to Other
Added CCC Aging to Summary tab to show Streak lengths by year at December 31
Expanded CCC Aging to include streaks up to 64 years and adjusted sub-total, total cells
Added Pink shading to CCC Aging for streaks started during recession years and wikipedia link
Added scatter pattern to CCC Aging for recession years (2008, 2009)
Added column for 2014 Dividends Paid and initially populated at current rates
Updated formula for Regular Dividends Paid over 16 years (1999-2014, inclusive)
Added column for '14 vs. '13 Dividends, extended range of Simple Average, Standard Deviation
Changed Dividend Growth Rate calculations from 2013 to 2014 Dividends Paid
Revised headings and updated formulas for Dividend Growth Model columns
Began re-population of 2014 Dividends Paid column with actual amounts
Completed population of 2014 Dividends Paid column with actual figures
Input 2014 number of companies by streak length data in CCC Aging (on Summary tab)
Removed notations for multiple increases in 2014 (&) and 2015=Year # (for 2014 file)
Updated Frozen Angels (Appendix C) to eliminate companies with subsequent freezes

Notes
This listing was inspired by the efforts of several individuals and is intended to be freely distributed for individual, non-commercial
use. The initial goal was to identify companies that had increased their dividend in at least 25 consecutive years. But that
definition was broadened to include additional companies that had paid higher dividends (without necessarily having
increased the quarterly rate in every calendar year. Also included (under the Contenders tab) are companies that have increased
their dividend for 10-24 straight years and (under the Challengers tab) companies that have increased their dividend for 5-9
straight years. Unless it is clear that a streak is shorter, the number of years shown will coincide with statement(s) by the
company itself. Some notable sub-groups include:
"The Alternators" are companies that appear to follow a pattern of increasing their dividend only in alternating years, but
do so in mid-year, so that the total paid (per share) is higher every year. An example follows:
Q1 Div
Year 1
Year 2
Year 3
Year4
Year 5

0.10
0.10
0.11
0.11
0.12

Q2 Div
0.10
0.10
0.11
0.11
0.12

Q3 Div
0.10
0.11
0.11
0.12
0.12

Q4 Div

Total
0.10
0.11
0.11
0.12
0.12

0.40
0.42
0.44
0.46
0.48

As you can see, the dividend was increased only in years 2 and 4, but the company paid higher TOTAL dividends each year. To
highlight these companies, the dates are indicated in Red (and right-aligned to stand out when printing.)
"The Penny-Pinchers" are companies that typically increase their quarterly payout by a fraction of a penny, often as little as onequarter cent, or one cent per share on an annual basis. Generally, these are utilities with impressive streaks. But since profits
are limited by regulators, they may not declare substantial dividend increases. Although they typically offer relatively high yields,
dividend and share price growth may be limited.
Percentage increases of 2% or less are highlighted in Red.
"The Foreigners" are companies that have dividend growth streaks, in U.S. dollar terms, and trade on a U.S. Exchange
as ADRs (American Depository Receipts).
Data Sources/Discrepancies
As mentioned above, the dividend streaks are generally specified by the companies themselves. In some cases, however, there
were differences between the length of the streak shown by outside sources and what was stated in company literature. Usually,
the company's claim is shown, when it appears reasonable. For example, one source showed that Vectren had increased its
dividend for 31 straight years, but the company stated that its latest increase marked "the 48th consecutive year that Vectren and
its predecessor companies have increased annual dividends paid." In addition to not taking into account records of predecessor
companies, some sources appear to curtail streaks because of a lack of clear data as much as 25 years ago. Other issues:
Rounding errors can make it appear that a company did not raise its dividend, especially in the distant past. For example,
an adjusted payout of .012275, increased to .012325, could appear unchanged if both were rounded to .0123 by the data provider.
Splits/Stock Dividends may not always result in accurate adjustment of prior dividends. This is especially true if the split were
at a ratio of 6-for-5 or higher, or if a stock dividend of 5% or less was paid. In some cases, a firm states that it is "maintaining"
a dividend rate following a stock dividend, but that, in fact, is an increase. So, for example, a company may start the year paying a
rate of 10/share and finish the year by paying 10/share, but a 5% stock dividend adjusts the first figure to 9.6/share.
Special Dividends might cause some sources to drop a company from a listing such as this one. For example, if a firm
actually increases its annual dividend from 30 to 40 per share, but paid a special (or "extra") dividend of $1 in the first year, then
it could appear that it had reduced its payout from $1.30 to 40 per share, thus ending its streak. However, I don't think that such a
company should be penalized for making an extra payout, so these special dividends are generally factored out for this listing.
Column Headings
Company Name is the identity under which a company is incorporated.
Ticker Symbol is the stock symbol under which the company's shares are traded.
Industry is the primary business that the company operates. Keep in mind that some companies operate in
more than on industry; those that do business in several may be designated as 'conglomerates."
No. Yrs represents the number of consecutive years of higher dividends.
CCC Seq lists all companies in sequence, from longest (#1) to shortest, from Champions to Challengers.
DRIP Fees indicates whether a company offers a Dividend Reinvestment Plan (DRIP) that also allows enrollees
to invest additional cash on a voluntary, periodic basis. The vast majority of these companies offer these plans, also known as
Direct Investment Plans, but many have recently added fees, so potential participants should carefully check the features before
enrolling. DR=Dividend Reinvestment; SP=Stock Purchase. Information about DRIPs can be found at www.directinvesting.com.
Disclosure: As shown below, I am employed by The Moneypaper Inc., which operates that web site and is affiliated with Temper
Enrollment Service, which facilitates DRIP enrollment. This is not meant as a sales pitch!
Price as of the date shown, which was the last trading day of the month.
Yield indicates the dividend yield of the latest dividend rate on an annualized basis.
Yield percentages of 2% or less are highlighted in Red.
Dividend Information is the information associated with the most recent increase, not necessarily the most recent dividend
to be declared. Note that Ex-Dividend Dates are always two trading days prior to the Record Date.
Percentage increases of 2% or less are highlighted in Red.
Most recent increase dates older than one year are highlighted in Red.
Most recent Increases expected to be replaced in the next 1-2 months are highlighted in Green.
Quarterly Schedule shows estimated Pay Dates, where A=Jan/Apr/Jul/Oct, B=Feb/May/Aug/Nov, C=Mar/Jun/Sep/Dec.
Note includes indications of streaks that are based on a company's Fiscal Year, rather than the Calendar
Year; upcoming splits, spin-offs, or acquisitions (by another company); Monthly, Annual, or Semi-annual dividend schedule
(rather than quarterly); Companies that are based outside the United States; and other company-specific information.
Annual Dividend projects the "new" (current) rate to a full-year amount
EPS % Payout calculates the annual dividend as a percentage of trailing twelve months Earnings Per Share

+/-% vs. Graham calculates the premium or discount that the current price represents, compared with the "Graham
number," which is an estimation of "fair value" or what Benjamin Graham said would be the most an investor should pay for a
share of the company's stock. Since he believed that a reasonable price/earnings ratio was 15 and a reasonable price/book
value ratio would be 1.5, the formula for the "Graham number" is the square root of (22.5 times the earnings per share times the
book value per share). Book value per share is derived by dividing the Price/Book Value ratio in column AA into the current price
in column H. The actual Graham number is not shown, but is divided into the current price in order to produce a premium or
discount percentage, compared with the Graham number.
TTM P/E shows the price/earnings ratio using trailing twelve months earnings divided into current price
TTM EPS shows earnings per share for the most recently reported trailing twelve months
PEG Ratio shows the price/earnings ratio divided by 5-year estimates growth rate
TTM P/Sales shows the price divided by the trailing twelve months' sales
MRQ P/Book shows the price divided by the most recent quarter's book value per share
TTM ROE shows the trailing twelve months' rate of return on shareholder equity
TY% Growth shows the percentage change of this year's earnings estimate compared with last year's EPS
NY% Growth shows the percentage change of next year's earnings estimate compared with this year's estimate
Past 5yr Growth shows the annual EPS Growth for the past five years
Est 5-yr Growth shows the estimated annual EPS Growth for the next five years
NA shows the Number of Analysts covering the company
(Per Yahoo July 2014)
MktCap ($Mil) shows the market value in millions of dollars of all outstanding shares at the current price
Inside Ownwership shows the percentage of shares outstanding that is owned by founders, executives, and directors
Debt/Equity shows the proportion of capitalization provided by debt in relation to shareholder equity
Past 5-year DEG (Dividend-to-Earnings Growth Ratio) shows the relationship between the Dividend Growth Rate (per
share) and the Earnings (per share) Growth Rate over the past 5 years. Correlates (+/-) with change in EPS % Payout ratio.
5/10 A/D is a calculation of the acceleration or deceleration of the 5-year vs. the 10-year DGR
(multiple columns)
DGR (or Dividend Growth Rate) is the compound annual growth rate of the dividend for the periods shown
Percentage increases of 2% or less are highlighted in Red.
Dividends by Year on a per-share basis, from 1999 to the most recently completed calendar year
16 Yrs Reg Dividends Summarizes total dividends paid since 1999 (inclusive)
% Increase by Year shows the percentage dividend increase compared with the dividend paid in the previous year.
Mean (simple average) is the "modified" average of the individual year's increases over the prior year. The averages include
some companies whose average has been "modified" to exclude divisions by zero or negative actions (reductions) since those
calculations would pre-date the companies' current streaks of increases.
Standard Deviation expresses the degree by which the individual year's increases vary from the Mean, or simple average,
showing how erratic (high number) or "smooth" (low number) that the annual increases have been.
Sector is the major part of the economy within which the company operates. Each sector is composed of
numerous sub-groups, referred to as Industries.
Tweed Factor Named after "Seeking Alpha" author Norman Tweed, this is a "quick-and-dirty" method of comparing
the combination of a stock's dividend yield and dividend growth rate (DGR) to its price/earnings ratio. Although this is somewhat
of an "apples-to-oranges" comparison, it builds in a margin of safety when determining a stock's fair value. The Tweed Factor is
part of the "Tweed Model," which also requires (per Mr. Tweed) a 4% yield and a "reasonable" payout ratio. (See Payout % Ratio
above.) Other investors may set a lower yield threshold than 4%, often in conjunction with age and years remaining to invest. The
more positive the Tweed Factor is, the better, as it expresses the excess of the dividend data over price level.
Chowder Rule Named after "Seeking Alpha" member Chowder, this is a method of identifying candidates for purchase
based on a combination of yield and (5-year) dividend growth rate. When the sum of these elements is above 12%, the company
presents an attractive entry point (8% for utilities). When the figure is above 8%, an existing holding is still considered worthy of
being retained. Caution: This 'Rule" is intended to be used in conjunction with measures of quality, such as high marks for safety
and financial stability, as specified by organizations such as Value Line or Morningstar.
Confidence Factor (See Appendix A below)
Dividend Growth Model (Next Five Years) Dividends based on growth from latest completed year of dividends paid, using Next
Year and 5-year Earnings Per Share Estimates. (If either is "n/a," then a 3% dividend growth rate is used; if either is negative, then
a 1% dividend growth rate is used; if either is greater than 10%, then a 10% dividend growth rate is used. The total estimated
dividends per share for the next five years is also shown, and that total is translated into a percentage "payback," based on the
current share price.
Disclaimer: Past Performance is No Guarantee of Future Results.
(mulitple columns)
Beta compares a stock's volatility with that of the overall market (S&P 500=1.00)
% from 52-week low/high these columns show the percentage that the current price varies from the 52-week range of the stock
% from 50-, 200-day MMA these columns show the percentage the current price varies from the 50- and 200-day Moving Average
Acknowledements/Updates
I'd like to thank Motley Fool poster Bruce Doe, whose listing was the starting point for this compilation. Also, thanks to Moneypaper
reader Jacob Geller, who brought attention to RPM International's claim to be one of 70 companies to have increased its
dividend for at least 34 straight years. Many thanks to Publisher Vita Nelson, who has made Moneypaper's DRIP database info
available to the general public. Also, thanks to "Seeking Alpha" Contributors Dividends4Life, Dividend Growth Investor, David Van
Knapp, Robert Allan Schwartz, Norman Tweed, Chuck Carnevale, Five Plus Investor, David Crosetti, and others (a growing list!)
for their valuable info and assistance. And finally, thanks to George L. Smyth for running the non-profit message boards at
www.dripinvesting.org, where I hope to post this spreadsheet and a related PDF file (for those who can't use the spreadsheet).
Hopefully, it can continue to be updated on a monthly basis there. Please post comments/questions on its U.S. DRIPs board or
add a Comment to one of my articles on the Seeking Alpha website:
http://seekingalpha.com/author/david-fish/articles
Historical Data Available
Previous copies of the Dividend Champions spreadsheets have been made available for downloading, thanks to Seeking Alpha

author Robert Allan Schwartz at the following Internet address (URL):

http://www.tessellation.com/david_fish/

David Fish

Exec. Editor,
The Moneypaper, The Moneypaper Guide to Direct Investment Plans
Co-manager,
The MP 63 Fund (symbol: DRIPX)
2007-2015 All Rights Reserved. This listing is intended for personal, non-commercial use only.

Appendix A - Confidence Factor Scoring System


Listed below are items used to gauge confidence in continuation of dividend-increase streaks, with formulas and point ranges.
Item
General Formula
Min
Number of Years Dividend Increased
Divided by 10
0.50
Sequence Number within CCC companies
(500 minus Seq) divided by 100
0.50
Dividend Reinvestment Plan
No-fee=2 points; Fees=1; No plan=0
0.00
Stock Purchase Plan
No-fee=2 points; Fees=1; No plan=0
0.00
Most Recent Increase (percentage)
Increase divided by 2, up to 5 points
0.00
Payout Ratio (if not over 100% or negative)
(100 minus payout ratio) divided by 10
0.00
Price/Earnings Ratio (if not over 100% or negative)
(100 minus payout ratio) divided by 10
0.00
PEG (P/E divided by Growth Rate) Ratio (if numerical)
5 minus PEG (up to 5)
0.00
Price/Sales Ratio
5 minus P/S (up to 5)
0.00
Price/Book Value (if numerical)
5 minus P/B (up to 5)
0.00
This Year EPS Est Percentage Increase vs. TTM EPS
Up to 10% Increase divided by 2
0.00
Next Year EPS Est Percentage Increase vs. TY EPS Est
Up to 10% Increase divided by 2
0.00
Est 5-year EPS Percentage Increase
Up to 10% Increase divided by 2
0.00
Number of Analysts
Number Divided by 10
0.00
Market Capitalization
Points for one, ten, one hundred billion
0.00
Dividend Growth Rate 1-year
Up to 10% Increase divided by 2
0.00
Dividend Growth Rate 3-year (if numeric)
Up to 10% Increase divided by 2
0.00
Dividend Growth Rate 5-year (if numeric)
Up to 10% Increase divided by 2
0.00
Dividend Growth Rate 10-year (if numeric)
Up to 10% Increase divided by 2
0.00
Mean (Simple Average)
Up to 10% Increase divided by 2
0.00

Max
5.80
4.99
2.00
2.00
5.00
10.00
10.00
5.00
5.00
5.00
5.00
5.00
5.00
4.90
3.00
5.00
5.00
5.00
5.00
5.00

Total Point Range:

102.69

1.00

Appendix B - Near-Challengers
Listed below are companies that have increased their dividends for four years and may join the Challengers listing
in the next 12 months, with the Ex-Dividend Date of their most recent increase:
Dates in Green (centered) indicate increase (by Ex-Div. Date) expected in next 2 months

&=Multiple Increases This Year

Dates in Red (right-aligned) indicate last increase more than a year ago (Ex-Div Date)
Dates in Purple (left/centered) indicate delayed determination related to currency exchange rates (for amount paid)

Company
ADT Corp.
AES Corp.
Aircastle Limited
Albany International Corp.
Altra Industrial Motion Corp. New
Amdocs Limited
American Assets Trust Inc.
American Express Company
American Midstream Partners LP
American Tower Corp.
Aon plc
New
Apogee Enterprises Inc.
Apple Inc.
New
Aspen Insurance Holdings Ltd. New
Associated Banc-Corp
Assured Guaranty Ltd.
Avalonbay Communities Inc.
B&G Foods Inc.
Bank of New York Mellon Corp.
Bank of South Carolina Corp.
Barnes Group Inc.
Bassett Furniture Industries Inc.
Black Box Corp.
Blueknight Energy Partners LP
Boeing Company
Booz Allen Hamilton Holding Corp.
Bristow Group Inc.
Brookfield Asset Management Inc.
New
Bryn Mawr Bank Corp.
Burnham Holdings Inc.
CBS Corp. (Class B)
Cedar Fair LP

Symbol
ADT
AES
AYR
AIN
AIMC
DOX
AAT
AXP
AMID
AMT
AON
APOG
AAPL
AHL
ASBC
AGO
AVB
BGS
BK
BKSC
B
BSET
BBOX
BKEP
BA
BAH
BRS
BAM
BMTC
BURCA
CBS
FUN

Ex-Div
1/26/15
1/30/15
11/25/14
6/4/14
6/16/15
3/27/15
12/10/14
4/8/15
11/5/14
12/16/14
4/29/15
2/3/15
5/7/15
5/6/15
11/26/14
2/13/15
3/27/15
3/27/14
4/23/14
10/3/13
11/24/14
8/13/14
6/25/14
1/30/15
2/11/15
2/6/15
6/3/14
5/27/15
8/1/14
2/27/15
9/8/14
12/1/14

Note

Former Challenger
Channel Isles,US$
Est Date
Record Date Streak
United Kingdom,US$
Former Challenger
Bermuda,US$
Former Champion

2014 Pmt=4 years

&
Former Challenger
Est Date, Post-split
Also Class A

CF Industries Holdings Inc.


CF
China Unicom HK Limited
New
CHU
City Holding Co.
CHCO
CNA Financial Corp.
CNA
Codorus Valley Bancorp Inc.
CVLY
Commercial Bancshares Inc.
CMOH
Computer Programs & Systems Inc.
CPSI
Consolidated Tomoka Land Co.
CTO
Core-Mark Holding Company
CORE
Corporate Executive Board Co.
CEB
Corrections Corp of America
CXW
Cortland Bancorp
CLDB
Covanta Holding Corp.
CVA
Crawford & Company
CRD-A
Culp Inc.
CFI
Devon Energy Corp.
DVN
Diamondrock Hospitality Co.
DRH
Dunkin' Brands Group Inc.
DNKN
E. I. Du Pont de Nemours and Co.
New
DD
Education Realty Trust Inc.
EDR
El Paso Electric Co.
EE
EMCOR Group Inc.
EME
EQT Midstream Partners LP New
EQM
Federal Agricultural Mortgage Corp.
AGM
Fidelity National Information Services Inc.
FIS
First Commonwealth Financial Corp.
FCF
First Mid-Illinois Bancshares Inc.
FMBH
First Republic Bank
New
FRC
Flexsteel Industries Inc.
FLXS
Ford Motor Company
F
Forrester Research Inc.
FORR
Franco-Nevada Corp.
FNV
Frederick County Bancorp Inc.
FCBI
GAMCO Investors Inc.
GBL
GameStop Corp.
GME
Gentex Corp.
GNTX
Globe Specialty Metals Inc.
GSM
GNC Holdings Inc.
GNC
Goldman Sachs Group Inc.
GS
Great Plains Energy Inc.
GXP
Griffon Corp.
GFF
Harman International Industries Inc.
HAR
Hi-Crush Partners LP
HCLP
HNI Corp.
HNI
HollyFrontier Corp.
HFC
Honeywell International Inc.
HON
Hospitality Properties Trust
New
HPT
Host Hotels & Resorts
HST
Houston Wire & Cable Co.,
HWCC
HSN Inc.
HSNI
Icahn Enterprises LP
IEP
Ingredion Inc.
INGR
Innophos Holdings Inc.
IPHS
Insperity Inc.
NSP
Interval Leisure Group Inc.
IILG
Intuit Inc.
INTU
Investors Bancorp
ISBC
Kansas City Southern
KSU
Kingstone Companies Inc.
KINS
Lakeland Financial Corp.
New
LKFN
Las Vegas Sands Corp.
LVS
Ledyard Financial Group Inc.
LFGP
Legacy Reserves LP
LGCY
Legg Mason Inc.
LM
Lexmark International Inc.
LXK
LPL Financial Holdings Inc.
LPLA
LTC Properties Inc.
LTC
LyondellBasell Industries NV
LYB
Macy's Inc.
M
MainSource Financial Group Inc.
MSFG
Marathon Petroleum Corp.
MPC
Marlin Business Services Corp.
MRLN

8/14/14
5/11/15
4/13/15
2/20/14
7/18/14
9/11/14
2/10/15
11/5/14
11/25/14
3/12/15
3/31/15
2/12/15
9/25/14
8/14/14
12/30/14
6/11/14
3/27/15
3/5/15
5/13/15
7/29/14
6/11/14
1/22/14
1/30/15
3/12/15
3/13/15
2/6/14
11/25/14
4/28/15
9/17/14
1/28/15
3/2/15
6/10/14
4/8/14
12/12/14
3/13/15
7/3/14
2/23/15
3/11/15
5/28/15
11/25/14
12/1/14
8/14/14
1/28/15
5/14/14
6/4/14
11/18/14
4/22/15
9/26/14
5/15/14
12/1/14
3/11/14
12/27/13
8/13/14
5/28/14
3/13/15
10/8/14
2/5/15
3/5/15
8/27/14
4/22/15
3/19/15
2/11/15
7/30/14
6/13/14
5/28/14
2/26/15
10/21/13
4/24/14
6/11/14
3/4/15
8/18/14
8/7/14

Former Challenger

Semi-annual

2015 Pmt=4 years

Also Class A
Record Date Streak,Semi-annual

Canada,US$

Former Challenger

Former Contender
Former Contender
Former Challenger

2014 Pmt=4 years; Former Challenger

Former Contender

Former Champion
2014 Pmt=4 years,Monthly
Netherlands,US$

Martin Midstream Partners LP


MasterCard Inc.
Mercantile Bank Corp.
Merck & Company
MicroFinancial Inc.
MKS Instruments Inc.
Monotype Imaging Holdings Inc.
Motorola Solutions Inc.
Nasdaq OMX Group Inc.
New
National Penn Bancshares
Nevsun Resources Ltd.
Noble Energy Inc.
Northern Trust Corp.
New
NorthStar Realty Finance Corp.
NRG Energy Inc.
Oceaneering International Inc.
Old National Bancorp
Orchids Paper Products Co.
Paccar Inc.
Pacific Continental Corp.
PacWest Bancorp
Paychex Inc.
Pennsylvania REIT
Peoples Ltd.
Pier 1 Imports Inc.
New
PNM Resources Inc.
Poage Bankshares Inc.
New
Pool Corp.
Pope Resources LP
Post Properties Inc.
Primoris Services Corp.
Public Service Enterprise Group Inc.
Quest Diagnostics Inc.
RAIT Financial Trust
Regency Energy Partners LP
RF Industries Ltd.
Rose Rock Midstream LP
Rouse Properties Inc.
Royal Caribbean Cruises Ltd.
Sabra Health Care REIT Inc.
Scholastic Corp.
Seagate Technology plc
Select Income REIT
New
Simmons First National Corp.
Sinclair Broadcast Group Inc.
SL Green Realty Corp.
South State Corp.
Spectra Energy Corp.
Standex International Inc.
State Bank Financial Corp.
STRATTEC Security Corp.
Sunoco LP
Susquehanna Bancshares Inc.
Tesoro Corp.
Towers Watson & Co.
Tredegar Corp.
Trinity Industries Inc.
United Bancshares Inc.
Valley Commerce Bancorp
New
Wabtec Corp.
Wayne Savings Bancshares Inc.
Western Digital Corp.
Western Refining Inc.
New
Weyerhaeuser Company
William Penn Bancorp Inc.
Worthington Industries Inc.
Companies: 170
New

MMLP
11/5/14
MA
1/9/15
MBWM
3/11/15
MRK
12/11/14
MFI
11/1/14
MKSI
5/29/14
TYPE
3/30/15
MSI
9/11/14
NDAQ
6/10/15
NPBC
10/30/14
NSU
12/29/14
NBL
5/1/14
NTRS
6/3/15
NRF
8/14/15
NRG
1/29/15
OII
5/28/14
ONB
2/26/15
TIS
6/5/13
PCAR
5/15/14
PCBK
10/24/13
PACW
11/13/14
PAYX
7/30/14
PEI
2/26/15
PPLL
3/12/15
PIR
4/17/15
PNM
1/26/15
PBSK
5/7/15
POOL
5/19/14
POPE
5/23/14
PPS
6/26/14
PRIM
9/26/14
PEG
3/6/15
DGX
4/6/15
RAS
7/9/14
RGP
11/5/14
RFIL
3/27/13
RRMS
5/1/15
RSE
4/13/15
RCL
9/18/14
SBRA
11/12/14
SCHL
10/29/13
STX
11/7/14
SIR
4/22/15
SFNC
3/12/15
SBGI
8/27/14
SLG
12/30/14
SSB
2/11/15
SE
11/13/14
SXI
11/6/14
STBZ
3/5/15
STRT
9/10/14
SUN
2/13/15
SUSQ
7/30/14
TSO
2/25/15
TW
9/26/14
TG
6/11/14
TRN
7/11/14
UBOH
2/25/15
VCBP
6/3/15
WAB
8/13/14
WAYN
7/14/14
WDC
3/31/15
WNR
5/1/15
WY
8/27/14
WMPN
7/30/14
WOR
9/11/14
=Added this month

Former Challenger
2015 Pmt=4 years
2015 Pmt=4 years
Being Acquired

Former Champion
Canadian;US$;Record Date Streak
Former Challenger
Former Contender

Former Champion
2014 Pmt=4 years
2014 Pmt=4 years
Former Contender

Former Challenger

Former Challenger
Being Acquired
2014 Pmt=4 years
&

2014 Pmt=4 years


Ireland.US$

2015 Pmt=4 years

Former Champion

Former Challenger

Annual

Appendix C - "Frozen Angels"


Listed below are companies that had increased their dividends for at least 5 years before paying the same amount
in back-to-back years (a dividend "freeze"), but have since resumed increases. Years in parentheses indicate that no

increase was declared, but total paid is higher than previous year.
Companies will be removed for subsequent freezes.
Companies will also be removed when they return to Challenger status (5 years of higher dividends).
Increases in:
Date
Company
Symbol
Yrs
Yrs
Deleted
Albany International Corp.
AIN
12
out of last
13
9/10/10
Apogee Enterprises Inc.
APOG
12
out of last
14
10/6/10
Boeing Company
BA
10
out of last
12
10/25/10
Buckle Inc.
BKE
9
out of last
13
9/21/10
Campbell Soup Co.
CPB
9
out of last
10
5/24/13
Citizens Holding Co.
CIZN
12
out of last
14
11/30/12
City Holding Co.
CHCO
11
out of last
13
10/7/10
Comfort Systems USA Inc.
FIX
8
out of last
10
11/3/11
Dentsply International Inc.
XRAY
10
out of last
12
9/10/10
EastGroup Properties
EGP
19
out of last
20
7/16/10
Eli Lilly & Company
LLY
43
out of last
48
10/18/10
Energy Transfer Partners LP
ETP
14
out of last
17
10/28/10
Federated Investors Inc.
FII
15
out of last
18
10/28/10
First Capital Inc.
FCAP
12
out of last
13
11/21/12
Gentex Corp.
GNTX
11
out of last
12
9/10/10
Glacier Bancorp
GBCI
20
out of last
22
10/1/09
Guess? Inc.
GES
7
out of last
9
11/28/12
HNI Corp.
HNI
23
out of last
25
11/18/09
HollyFrontier Corp.
HFC
20
out of last
21
9/10/10
Honeywell International
HON
9
out of last
10
10/29/10
Ingredion Inc. *
INGR
9
out of last
10
9/15/10
Intel Corp.
INTC
11
out of last
12
9/12/14
Joy Global Inc.
JOY
6
out of last
10
11/23/10
Lakeland Financial
LKFN
17
out of last
19
10/20/10
Martin Midstream Partners LP
MMLP
11
out of last
12
10/26/10
Meridian Bioscience Inc.
VIVO
20
out of last
23
11/10/11
Molson Coors Brewing Co.
TAP
7
out of last
8
11/14/13
National Instruments Corp.
NATI
12
out of last
13
10/31/13
Noble Energy Inc.
NBL
11
out of last
12
10/26/10
Northern Trust Corp.
NTRS
26
out of last
29
11/30/09
Otter Tail Corp.
OTTR
34
out of last
39
10/30/09
Paychex Inc.
PAYX
24
out of last
25
10/13/10
Pool Corp.
POOL
10
out of last
11
11/4/10
Public Service Enterprise Group
PEG
11
out of last
12
11/15/11
Randgold Resources Ltd.
GOLD
8
out of last
9
4/22/14
Royal Dutch Shell plc A
RDS-A
8
out of last
9
10/28/11
Royal Dutch Shell plc B
RDS-B
8
out of last
9
10/28/11
Sanderson Farms Inc.
SAFM
11
out of last
12
9/20/12
Shenandoah Telecommunications
SHEN
16
out of last
18
10/20/11
Suburban Propane Partners LP
SPH
16
out of last
18
11/2/12
TECO Energy Inc.
TE
7
out of last
9
10/30/13
Trinity Industries Inc.
TRN
9
out of last
10
9/10/10
Unilever NV
UN
14
out of last
15
12/7/12
Unilever plc
UL
14
out of last
15
12/7/12
Universal Forest Products Inc.
UFPI
18
out of last
20
10/14/11
Western Union Company
WU
6
out of last
7
12/5/14
Willis Group Holdings plc
WSH
11
out of last
13
9/10/10
WSFS Financial Corp.
WSFS
11
out of last
15
10/29/10
* Formerly Corn Products International (CPO)

Subsequent
Increases
2011, 2012, 2013, '14
2012, 2013, 2014, '15
2012, 2013, 2014, '15
2014, 2015
2014 (Fiscal Year)
2014
2012, 2013, 2014, '15
2013, 2014
2012, 2013, 2014
2012, 2013, 2014
2015
2013, 2014, 2015
2013, (2014)
2013, 2014
2011, 2012, 2013, '14
2012, 2013, 2014, '15
2014
2011, 2012, 2013, '14
2011, 2012, 2013, '14
2011, 2012, 2013, '14
2011, 2012, 2013, '14
2015
2014
2012, 2013, 2014, '15
2011, 2012, 2013, '14
2014
2014, 2015
2014, 2015
2011, 2012, 2013, '14
2012, 2013, 2014, '15
2014, 2015
2011, 2012, 2013, '14
2011, 2012, 2013, '14
2012, 2013, 2014, '15
2015
2012, 2013, 2014
2012, 2013, 2014
2013, 2014
2013, 2014
2013, 2015
2015
2011, 2012, 2013, '14
2013, 2014
2013, 2014
2013, 2014
2015
2012, 2013, 2014, '15
2014

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