Dividend Aristocrat S&P Global (formerly McGraw Hill Financial) (SPGI) will raise its quarterly dividend by 14 percent to $0.57 per share in the first quarter of 2019. This follows a 22.0 percent dividend hike last year.

The dividend will be payable on March 12, 2019, to shareholders of record on February 26, 2019. The new annualized dividend rate of $2.28 per share represents an average compound annual dividend growth rate of 9.9% since 1974.

"Increasing the dividend demonstrates our confidence and optimism in the continued strength of our cash flow generation and financial position," said Douglas L. Peterson, President and CEO of S&P Global. "Returning cash to shareholders remains a cornerstone of our shareholder value proposition. In 2018, we returned $2.2 billion to shareholders in the form of dividends and share repurchases."

The new dividend yield for S&P Global is 1.1% at a stock price of $189.01.

The new annualized dividend rate of $3.40 per share yields 0.9% at a stock price of $375.

S&P Global Inc., formerly McGraw Hill Financial, Inc., is a provider of credit ratings, benchmarks and analytics in the global capital and commodity markets.  The capital markets include asset managers, investment banks, commercial banks, insurance companies, exchanges, trading firms and issuers; and the commodity markets include producers, traders and intermediaries within energy, petrochemicals, metals and agriculture. The company's four reportable segments are: S&P Global Ratings, S&P Global Market Intelligence, S&P Dow Jones Indices and S&P Global Platts. In 2022 S&P Global completed the acquisition of IHS Markit, an approximately $140 billion merger, creating a leading information services provider with a unique portfolio of highly complementary assets. S&P Global has paid a dividend each year since 1937.