Wednesday, May 20, 2015

Recent Buy: Macquarie Infrastructure Company

May 19, 2015: Bought 30 shares of MIC at $85.97 per share.

Macquarie Infrastructure Company LLC (NYSE:MIC) owns, operates and invests in a diversified portfolio of infrastructure businesses that provides basic services, facilities and technology to businesses and individuals in the United States. The Company's businesses consist of bulk liquid terminals, an airport services business, a gas processing and distribution business, and a portfolio of contracted power and energy investments.

MIC is the Industrials sector winner and is ranked 14th in the May 2015 edition of my 10 Dividend Growth Stocks article series. The company has a 5-year streak of consecutive dividend increases. It pays quarterly dividends of $1.07 per share in the months of March, June, September and December.

Monday, May 18, 2015

10 Dividend Increases, May 4-15, 2015

Includes: AIX • CAH • CLX • CPK • KEY • MIC • PEP • POR • TU • VTR

Summary

  • I track dividend increases for stocks in my watch list to identify candidates for further analysis and possible investment. 
  • For dividend growth investors, regular dividend increases are important. Dividend increases that match or exceed the rate of inflation are preferred.
  • In the past 2 weeks, 10 companies on my watch list announced dividend increases. All increases exceed the current rate of inflation.

Sunday, May 10, 2015

10 Dividend Growth Stocks for May, 2015

Includes: ADM • AMP • BDX • CMP • CNQ • GPS • LOW • MGA • MIC • NJR • QCOM • TRV • VLO • WMT • TU 

David Fish's CCC list is a great resource for dividend growth investors. The list is updated every month and contains all U.S.-listed stocks that have raised their dividends for at least 5 consecutive years. The latest list (dated 4/30/15) contains 707 stocks.

Ranking so many stocks would be a daunting task. To simplify things, I apply a series of filters to reduce the list to a more manageable number of stocks. Because I have an ongoing goal of balancing my DivGro portfolio across all 10 GICS (Global Industry Classification Standard) sectors, I'm careful to retain a minimum number of stocks per sector.

Ranking involves using a proprietary system based on the dividend discount model and fundamental analysis. I assign a star-rating to each stock out of a maximum of 7 stars.

Thursday, May 7, 2015

Stock Analysis: Archer Daniels Midland

This article originally appeared on The DIV-Net on 6 May 2015.

Founded in 1898 and headquartered in Chicago, Illinois, Dividend Champion Archer Daniels Midland Company (NYSE:ADM) is engaged in the processing of oilseeds, corn, wheat, cocoa, and other agricultural commodities. The company manufactures protein meal, vegetable oil, corn sweeteners, flour, and other value-added food and feed ingredients, as well as biodiesel and ethanol.

ADM is the Consumer Staples sector winner and 7th ranked stock in the April 2015 edition of my 10 Dividend Growth Stocks article series. The company has an impressive 40-year streak of consecutive dividend increases and pays quarterly dividends of 28¢ per share in the months of March, June, September and December.

Monthly Review, April 2015

At the end of every month, I review my portfolio of dividend growth stocks and update my blog's Performance page.

In April 2015, I received dividend income totaling $412, an increase of 147% over last April's total dividend income of $167.

DivGro's market value increased to $149,697 and the portfolio is delivering an average yield on cost (YoC) of 4.32%. Projected monthly dividend income increased to $496 from $467 last month.

Monday, May 4, 2015

15 Dividend Increases, April 27-May 1, 2015

Includes: AHGP • APU • ARLP • AWK • BPL • ETP • GMLP • GWW • IBM • IVZ • PSA • STI • UGI • WFC • XOM

Dividend growth investors like to invest in companies that regularly increase their dividends and show confidence in their ability to grow earnings over time.

I monitor dividend increases for stocks on my watch list because I track the yield on cost (YoC) of holdings in DivGro, my portfolio of dividend growth stocks. Another reason to monitor dividend increases is to identify candidates for further analysis and for possible inclusion in DivGro.

In the past two weeks, 15 of the companies on my watch list announced dividend increases.

Thursday, April 30, 2015

Recent Buy: Omega Healthcare Investors Inc

Apr 22, 2015: Bought 65 shares of OHI at $38.46 per share.

Omega Healthcare Investors Inc (NYSE:OHIis a self-administered REIT (real estate investment trust) that invests in income-producing healthcare facilities located throughout the United States. The company provides lease or mortgage financing to healthcare operating companies, funding investments through loans under revolving credit facilities, from private or public offerings of debt or equity securities, or through secured indebtedness.

OHI is a Dividend Contender with a 13-year streak of consecutive dividend increases. It pays quarterly dividends of 54¢ per share in the months of February, May, August, and November.

Monday, April 27, 2015

18 Dividend Increases, April 13-24, 2015

Includes: CSX • ENLC • GLP • HEP • HFWA • JNJ • KMI • LAZ • LHO • MWE • NGLS • PFG • PG • SO • SPG • SSW • TRGP • TRV

I monitor dividend increases for stocks on my watch list to identify candidates for further analysis and for possible inclusion in DivGro, my portfolio of dividend growth stocks. Companies that regularly increase their dividends show confidence in future earnings growth potential.

Another reason I monitor dividend increases is that I track the yield on cost (YoC) of stocks in my portfolio. When dividends increase, I make YoC adjustments and update DivGro's projected annual dividend income, a measure of the incom e potential of the portfolio over the next 12 months.

In the past two weeks, 18 of the companies on my watch list announced dividend increases. Increases vary from 20% to as low as 1%.

Wednesday, April 22, 2015

Recent Buy: Qualcomm Inc

Apr 17, 2015: Bought 37 shares of QCOM at $68.01 per share.

Qualcomm Inc (NASDAQ:QCOM) designs, manufactures and markets digital communication products and services based on the company's CDMA digital technology. The company's products consist of integrated circuits and system software used in voice and data communications, networking, application processing, multimedia, and global positioning system products. QCOM was founded in 1985 and is headquartered in San Diego, California.

QCOM is the Information Technology sector winner and 2nd ranked stock in the April 2015 edition of my 10 Dividend Growth Stocks article series. The company has a 13-year streak of consecutive dividend increases and pays quarterly dividends of 48¢ per share in the months of March, June, September and December.

Sunday, April 19, 2015

Recent Buy: Cummins Inc

Apr 17, 2015: Bought 19 shares of CMI at $134.62 per share.

Founded in 1919 and headquartered in Columbus, Indiana, CMI (NYSE:CMIis one of the leading designers and manufacturers of diesel engines. The company also produces natural gas engines and engine components and subsystems. CMI sells its products to original equipment manufacturers, distributors, and other customers worldwide. 

CMI is ranked 4th in the April 2015 edition of my 10 Dividend Growth Stocks article series. It also is the Industrials sector winner. The company has a 9-year streak of consecutive dividend increases. It pays quarterly dividends of 78¢ per share in the months of March, June, September and December.