Robert Allan Schwartz's dividend growth company information web site

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Dividend bumpiness by year
Dividend compound annual growth rates by year
Which companies pay dividends in which month?
Which companies pay dividends at which frequency?
Which companies have paid dividends for how many years?
Which companies have increased their dividends by at least X% per year over the most recent Y years?
Which dividend compound annual growth rates have which bumpiness?
Which companies have which dividend bumpiness?
Which sectors and industries have which dividend bumpiness?
Which companies have slowing dividend growth?

Company: AIR PRODUCTS & CHEMICALS INC (APD)

This page shows only data up to the final business day of 2017.

Additional financial information for this company can be found at:
Total number of dividends paid: 160.

Dividend payment frequency:

FrequencyNumber of dividends
Annually0
Semi-annually0
Quarterly160
Monthly0
Irregularly0
'none'0

Current frequency is quarterly.

Dividend payment timing:

MonthNumber of dividends
January0
February40
March0
April1
May39
June0
July0
August40
September0
October0
November40
December0

Cancellations/Discontinuations/Omissions:

StatusNumber
Cancelled0
Discontinued0
Omitted0

Dividends per share by year:

Companies that declare a dividend late in one calendar year, might pay it early in the next calendar year.
This page will show both dividends declared per year, as well as dividends paid per year, in case the latter makes it look as if there was a freeze or a decrease.
The second column shows dividends declared per year.
The third column shows the increase in dividends declared from one year to the next.
The fourth column shows dividends paid per year.
The fifth column shows the increase in dividends paid from one year to the next.

The number in parentheses is the number of non-special dividends declared/paid during that period.

How do I determine the "bumpiness" of a company?
Mathematically, I use the standard deviation around the arithmetic mean of the dividend raise percentages.
I have devised a "bumpiness metric" which will tell at a glance how smooth or bumpy a company's dividend history has been.
For you math geeks, the bumpiness is the standard deviation rounded to the nearest integer.
The result is a whole number that tells you whether a company's dividend history has been smooth or teeth-rattling.

YearDividends declaredIncrease from previous yearDividends paidIncrease from previous yearCompound annual growth rate to 2017 fromBumpiness to 2017 fromMean to 2017 fromStandard deviation to 2017 from
1977$ 0.03750 (4)$ 0.02500 (3) 13.315% 6219.868%62.341
1978$ 0.00000 (0) -100.000%$ 0.01250 (1) -50.000% 15.717% 6221.659%62.110
1979$ 0.08750 (4)PREVIOUS YEAR's WAS ZERO$ 0.06250 (3) 400.000% 11.345% 1011.703%9.651
1980$ 0.10000 (4) 14.286%$ 0.10000 (4) 60.000% 10.259% 610.397%5.561
1981$ 0.10000 (4)NO CHANGE$ 0.10000 (4)NO CHANGE 10.559% 510.686%5.357
1982$ 0.10000 (4)NO CHANGE$ 0.10000 (4)NO CHANGE 10.876% 510.992%5.114
1983$ 0.11875 (4) 18.750%$ 0.11250 (4) 12.500% 10.829% 510.947%5.182
1984$ 0.13750 (4) 15.789%$ 0.13125 (4) 16.667% 10.657% 510.774%5.162
1985$ 0.16750 (4) 21.818%$ 0.15875 (4) 20.952% 10.350% 510.456%4.914
1986$ 0.19625 (4) 17.164%$ 0.19250 (4) 21.260% 10.014% 510.107%4.587
1987$ 0.23750 (4) 21.019%$ 0.22500 (4) 16.883% 9.793% 49.881%4.490
1988$ 0.28750 (4) 21.053%$ 0.27500 (4) 22.222% 9.387% 49.456%3.927
1989$ 0.32250 (4) 12.174%$ 0.31500 (4) 14.545% 9.207% 49.274%3.874
1990$ 0.35250 (4) 9.302%$ 0.34500 (4) 9.524% 9.196% 49.265%3.945
1991$ 0.38250 (4) 8.511%$ 0.37500 (4) 8.696% 9.215% 49.287%4.019
1992$ 0.42250 (4) 10.458%$ 0.41250 (4) 10.000% 9.184% 49.258%4.096
1993$ 0.45250 (4) 7.101%$ 0.44500 (4) 7.879% 9.238% 49.316%4.170
1994$ 0.48250 (4) 6.630%$ 0.47500 (4) 6.742% 9.348% 49.428%4.225
1995$ 0.51250 (4) 6.218%$ 0.50500 (4) 6.316% 9.488% 49.569%4.266
1996$ 0.54250 (4) 5.854%$ 0.53500 (4) 5.941% 9.660% 49.742%4.291
1997$ 0.58750 (4) 8.295%$ 0.57500 (4) 7.477% 9.770% 49.855%4.366
1998$ 0.66000 (4) 12.340%$ 0.64000 (4) 11.304% 9.690% 49.779%4.466
1999$ 0.71000 (4) 7.576%$ 0.70000 (4) 9.375% 9.708% 59.801%4.587
2000$ 0.75000 (4) 5.634%$ 0.74000 (4) 5.714% 9.947% 510.042%4.609
2001$ 0.79000 (4) 5.333%$ 0.78000 (4) 5.405% 10.238% 510.332%4.598
2002$ 0.83000 (4) 5.063%$ 0.82000 (4) 5.128% 10.587% 510.678%4.542
2003$ 0.90000 (4) 8.434%$ 0.88000 (4) 7.317% 10.824% 510.919%4.608
2004$ 1.10000 (4) 22.222%$ 1.04000 (4) 18.182% 10.278% 410.360%4.301
2005$ 1.28000 (4) 16.364%$ 1.25000 (4) 20.192% 9.489% 39.540%3.363
2006$ 1.36000 (4) 6.250%$ 1.34000 (4) 7.200% 9.700% 39.753%3.435
2007$ 1.52000 (4) 11.765%$ 1.48000 (4) 10.448% 9.625% 49.684%3.595
2008$ 1.76000 (4) 15.789%$ 1.70000 (4) 14.865% 9.058% 39.108%3.324
2009$ 1.80000 (4) 2.273%$ 1.79000 (4) 5.294% 9.538% 39.585%3.222
2010$ 1.96000 (4) 8.889%$ 1.92000 (4) 7.263% 9.867% 39.917%3.314
2011$ 2.32000 (4) 18.367%$ 2.23000 (4) 16.146% 8.854% 28.878%2.296
2012$ 2.56000 (4) 10.345%$ 2.50000 (4) 12.108% 8.215% 28.233%1.955
2013$ 2.84000 (4) 10.937%$ 2.77000 (4) 10.800% 7.578% 27.591%1.648
2014$ 3.08000 (4) 8.451%$ 3.02000 (4) 9.025% 7.100% 27.112%1.646
2015$ 3.24000 (4) 5.195%$ 3.20000 (4) 5.960% 7.674% 27.689%1.751
2016$ 3.44000 (4) 6.173%$ 3.39000 (4) 5.937% 9.440% 09.440%0.000
2017$ 3.80000 (4) 10.465%$ 3.71000 (4) 9.440%

What price should you pay today if you wanted last year's dividends ($ 3.71000) to represent a yield of X%?

YieldPrice
0.5%$742.00
1.0%$371.00
1.5%$247.33
2.0%$185.50
2.5%$148.40
3.0%$123.67
3.5%$106.00
4.0%$ 92.75
4.5%$ 82.44
5.0%$ 74.20
5.5%$ 67.45
6.0%$ 61.83
6.5%$ 57.08
7.0%$ 53.00
7.5%$ 49.47
8.0%$ 46.38
8.5%$ 43.65
9.0%$ 41.22
9.5%$ 39.05
10.0%$ 37.10

Copyright @ 2018 by Robert Allan Schwartz. Reproduction prohibited. All rights reserved.

All data up to 12/31/2015 are from Bloomberg.
All date after 1/1/2016 are from The Wall Street Journal.

All information provided "as is" for informational purposes only, not intended for trading purposes or advice.
Neither Robert Allan Schwartz nor Tessellation.com is liable for any informational errors, or incompleteness, or for any actions taken in reliance on information contained herein. By accessing this site, you agree not to redistribute the information found therein.