Below is a list of companies in Canada and the United States that have increased their dividends in the month of January.
The companies we list are not the complete list of companies that have increased their dividends in Canada and the United States or the rest of the world however, they are companies we follow or own.
Canadian Companies
| Company | Previous ($) | New ($) | Change (%) |
| Canadian National Railway | 0.575 | 0.615 | 6.96 |
| Canadian Tire Corp Ltd. | 1.138 | 1.175 | 3.30 |
| Dollarama Inc. | 0.044 | 0.047 | 6.82 |
US Companies
| Company | Previous ($) | New ($) | Change (%) |
| Air Products and Chemicals Inc. | 1.340 | 1.500 | 11.94 |
| Church & Dwight Co Inc. | 0.24 | 0.253 | 5.21 |
| Comcast Corp. | 0.230 | 0.250 | 8.70 |
| Intel Corp. | 0.330 | 0.348 | 5.30 |
| J B Hunt Transport Services Inc. | 0.270 | 0.280 | 3.70 |
| Kimberly-Clark Corp. | 1.07 | 1.14 | 6.54 |
| Norfolk Southern Corp. | 0.940 | 0.990 | 5.32 |
| Tractor Supply Co. | 0.400 | 0.520 | 30.00 |
The dollar value listed per share represents a quarterly dividend payment.
Information was obtained from the companies directly.
History of Church & Dwight
Church & Dwight was founded in 1846 by two brother-in-laws, Dr. Austin Church and John Dwight. It all began when they started to prepare bicarbonate soda for commercial distribution in Mr. Dwight’s Kitchen. They packaged it by hand into paper bags. Church & Dwight is now the leading US producer of sodium bicarbonate, popularly known as baking soda, and has gone on to acquire many other brands.
I would be surprised if you didn’t have several of their brands in your home. The company has twelve key brands representing 80% of its consumer sales.
These twelve key brands include Arm & Hammer, Trojan, Oxiclean, Spinbrush, First Response, Nair, Orajel, Xtra, Vitafusion & L’ilCritters, Batiste, Waterpik, and Flawless.
This 170 year old plus company has paid a quarterly dividend for 120 consecutive years and is consistently increasing it.
Church & Dwight just increased their dividend by 5.2% from $0.24 to $0.2525 per share, equivalent to an annual dividend of $1.01 per share.
Please make sure you are replacing a box of Arm & Hammer baking soda in your fridge monthly to keep it smelling fresh and to keep that dividend growing!
“How will you replace your current income in retirement?” – Jim Seyers