Lowe's ($LOW) announced its next dividend of $1.10 per share, a 4.8% increase over the company's previous payout of $1.05.
DivGro's annual dividend income will increase by $20.00 as a result.
generating a reliable and growing dividend income stream
DivGro moved to another platform and is now DivGro 2.0! DivGro 2.0 will formally launch sometime in 2023. While the site is still very much in progress, you can sign up for a free membership now and join more than 400 existing members! Read more About DivGro 2.0 ... |
Lowe's ($LOW) announced its next dividend of $1.10 per share, a 4.8% increase over the company's previous payout of $1.05.
DivGro's annual dividend income will increase by $20.00 as a result.
Royal Bank of Canada (RY) announced its next dividend of $1.35 CAD per share, a 2.3% increase over the company's previous payout of $1.32.
DivGro's annual dividend income will increase by approximately $15.05 as a result (after accounting for the exchange rate to US dollars).
Medtronic (MDT) announced its next dividend of $0.69 per share, a 1.5% increase over the company's previous payout of $0.68.
DivGro's annual dividend income will increase by $8.00 as a result.
Scotiabank (BNS) announced its next dividend of $1.06 CAD per share, a 2.9% increase over the company's previous payout of $1.03.
DivGro's annual dividend income will increase by approximately $32.53 as a result (after taking into account the exchange rate to US dollars).
Chubb (CB) announced its next dividend of $0.86 per share, a 3.6% increase over the company's previous payout of $0.83.
DivGro's annual dividend income will increase by $12.00 as a result.
Northrop Grumman (NOC) announced its next dividend of $1.87 per share, an 8.1% increase over the company's previous payout of $1.73.
I just published the May edition of my DivGro 2.0 newsletter.
This edition includes a quick market recap, the April review of my DivGro, and eight different top-10 lists of Dividend Radar stocks.
In April, I closed one position and opened one position, while six DivGro stocks announced dividend increases, and one paid a smaller dividend due to exchange rate fluctuations. The net result of these changes is that DivGro's projected annual dividend income increased by about 0.3% to $46,702. Year over year, PADI increased by 9.4%.
I recently published the April edition of my DivGro 2.0 newsletter. You'll need to sign up to read it, but all current content will be free until I formally launch DivGro 2.0.
In this edition, I review my DivGro portfolio as of 31 March 2023 and present several top 10 lists of Dividend Radar stocks.
In March, seven DivGro stocks announced dividend increases and one Closed-End Fund announced another distribution cut. I added shares to one of my holdings in the Utilities sector. The net result of these changes is that DivGro's projected annual dividend income increased by about 0.5% in March to $46,576. Year over year, PADI increased by 9.5%.
I rank stocks by sorting them in descending order by quality score and using tie-breaking metrics where necessary. My quality scoring system employs widely used quality indicators from independent sources to assess the quality of dividend growth stocks.
I recently published the March edition of my DivGro 2.0 newsletter. You'll need to sign up to read, but all current content will be free until I formally launch DivGro 2.0 on 1 May 2023.
In this edition, I review my DivGro portfolio as of 28 February 2023 and present several top 10 lists of Dividend Radar stocks.
In February, I added shares to three existing positions, reduced one position, and closed two positions. Thirteen DivGro stocks announced dividend increases in February, and two stocks paid higher dividends due to exchange rate fluctuations. Another stock executed at a 3-for-2 stock and announced a small dividend increase on a split-adjusted basis. One of my holdings announced a significant dividend cut.
As a result of these transactions, DivGro's projected monthly dividend income decreased by $4 to $3,864, but that's a year-over-year increase of 15.3%.
In my 2022 Annual Review of DivGro, I announced my decision to move DivGro to another platform where registered users can follow my continuing journey of Dividend Growth Investing and Options Trading.
I'm planning to formally launch the new site on 1 May 2023.
Following several inquiries, I decided to share details of the new site now even though it's still very much in progress. The site contains only a few articles and a live view of my DivGro portfolio. Some pages are tagged Members Only now, but when I formally launch they will become Paid Members Only. The site will also contain free content.
Welcome to the December review of DivGro, my portfolio of dividend growth stocks. This is the 120th monthly review since founding DivGro in January 2013, completing ten years of dividend growth investing and blogging!
In monthly reviews, I summarize transactions, dividends received, and dividend changes and how those events impact DivGro's projected annual dividend income (PADI).
In December, I opened one new position and added shares to three existing positions. Additionally, I closed one position. I also replace two positions called away by options assignments. Twelve DivGro stocks announced dividend increases in December, while one announced a dividend cut, and another will pay smaller dividends in USD due to exchange-rate fluctuations. The net result of these changes is that PADI decreased by about 0.2% in December. Year over year, PADI increased by 16.7%.
As for dividend income, in December, I received dividends totaling $5,927 from 50 stocks in my portfolio, a year-over-year increase of 25%. In 2022, I collected $47,646 in dividends, or about 110% of my 2022 goal of $43,200.
I've been working with Portfolio Insight to develop a Dividend Quality Grade for dividend stocks.
We evaluate all dividend-paying stocks and assess the likelihood of a dividend increase in the next twelve months. We also identify stocks at risk of freezing or cutting their dividends. In backtests, our approach accurately predicted a failure to continue dividend increases in more than 98% of cases!
For this article, I used a pre-release version of Dividend Quality Grades to extract Dividend Champions and Dividend Contenders with A+ Dividend Quality Grades. These are Exceptional dividend growth stocks with solid fundamentals and dividend increase streaks of ten years or more.
Additionally, I screened for stocks trading below my fair value estimates. These stocks offer good value and are suitable for immediate investment.