Signet Jewelers (SIG) will raise its quarterly dividend by 19.4 percent to $0.37 per share in the first quarter of 2018. This marks the 7th consecutive year of higher dividend and translates into a current dividend yield of 3.8% for the stock.
Signet Jewelers Limited is a retailer of jewelry, watches and associated services in the United States, Canada and the United Kingdom. The Company operates retail jewelry stores in various real estate formats, including mall-based, free-standing, strip center and outlet store locations. The company operates stores primarily under the name brands of Kay Jewelers, Zales, Jared, H.Samuel, Ernest Jones, Peoples, Piercing Pagoda, and JamesAllen.com. Signet Jewelers has been paying a dividend every year to shareholders since 2011.