I have several posts lined-up for the new year, but first I want to report on recent dividend increases for stocks in my watch list. I compile this information from a screening feature available to subscribers at Dividend.com. Monitoring dividend increases over time is one way to assess the long-term health of dividend paying companies.
As announced last time, I'm increasing the frequency of my posts reporting dividend adjustments. I'll be posting these twice a month, mid-month and end-of-month. Doing so reduces the time I spend compiling each post and provides the information in a more timely fashion.
The following table provides a summary of recent dividend increases for stocks in my watch list, sorted by the last column, %Increase. Dividend amounts are annualized.
Dividend Increases: Dec 16 - Dec 31, 2013
|Archer Daniels Midland Company||ADM||43.40||0.76||0.96||2.21%||+26.32|
|General Electric Company||GE||28.03||0.76||0.88||3.14%||+15.79|
|Bristol-Myers Squibb Co||BMY||53.15||1.40||1.44||2.71%||+2.86|
|Realty Income Corp||O||37.33||2.18||2.19||5.86%||+0.17|
|NV Energy Inc||NVE||23.74||0.76||0.00||0.00%||-100.00|
I don't own any of these stocks in DivGro.
3M (MMM), Archer Daniels Midland (ADM), General Electric (GE), and Pfizer (PFE) announced strong dividend increases:
- MMM announced a dividend increase of nearly 35% on December 17th. The dividend is payable March 12, 2014, to stockholders of record on February 12, 2014.
- ADM's dividend increase of 26% raises the quarterly dividend to 24c per share. The dividend is payable on March 13, 2014, to stockholders of record on February 18, 2014.
- On December 13, GE increased its quarterly dividend by 15.8% to 22c per share. The dividend is payable on January 27, 2014, to stockholders of record on December 23, 2013.
- PFE, a biopharmaceutical company, raised its quarterly dividend to 26c per share, and increase of 8.3%. The dividend is payable on March 4, 2014, to stockholders of record on February 5, 2014.