LOW Dividend Increase

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.

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RY Dividend Increase

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).

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MDT Dividend Increase

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.

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BNS Dividend Increase

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).

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CB Dividend Increase

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.

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10 Dividend Growth Stocks – May 2023

Welcome to another edition of my monthly series presenting 10 Dividend Growth Stocks. In the series, I rank a selection of dividend growth stocks in Dividend Radar and present the ten top-ranked stocks for further research and possible investment. 

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.

This month, I screened for high-quality discounted stocks with 5-year trailing total returns of at least 10%.

DivGro 2.0 members get an additional 10 tickers to consider, those passing my May screens and ranked 11-20! Sign up for free here. 

NOC Dividend Increase

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.

DivGro's annual dividend income will increase by $22.40 as a result.

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May 2023 Newsletter

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%.

April 2023 Newsletter

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%.

10 Dividend Growth Stocks - April 2023

In the April edition of my monthly series, 10 Dividend Growth Stocks, I rank a selection of Dividend Radar stocks that are undervalued and have high 5-year compound annual growth rates.

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.

Like last month, readers of my DivGro 2.0 site get an additional 10 tickers to consider, those passing my April screens and ranked 11-20.

10 Dividend Growth Stocks - March 2023

Welcome to the March edition of my monthly series of 10 Dividend Growth Stocks. In this series, I rank a selection of Dividend Radar stocks and present the ten top-ranked stocks for further research and possible investment. 

This month I decided to rank Dividend Radar stocks with qualifying Chowder Numbers based on the Chowder Rule of dividend growth investing. Such stocks are likely to deliver annualized returns of at least 8%. I also included a valuation screen, looking for dividend growth stocks with a forward yield exceeding its 5-year average yield.

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.

March 2023 Newsletter

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%.

February 2023 Newsletter

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.

10 Dividend Growth Stocks – February 2023

Welcome to the February edition of my monthly series of 10 Dividend Growth Stocks. In this series, I rank a selection of Dividend Radar stocks and present the ten top-ranked stocks for further research and possible investment. 

This month I screened for high-yielding, discounted stocks with 5-year dividend growth rates of at least 7%. Stocks with forward yields above 4% and exceeding their 5-year average yields qualified. 

I ranked the candidates that passed my screens by sorting them in descending order by quality score, using tie-breaking metrics where needed. I'm presenting the ten top-ranked stocks for your consideration.

2022 Annual Review Of DivGro

Welcome to the tenth annual review of DivGro, my portfolio of dividend growth stocks! 

I created DivGro in January 2013 to create the proverbial dividend-generating machine. DivGro has grown beyond my wildest dreams and now generates dividend income averaging $3,824 per month. With less than ten years to go before I retire, I plan to continue reinvesting all dividends and allow my portfolio to grow even more. 

In annual reviews, I look at DivGro's performance as measured by dividend income, dividend increases, annualized returns, and rate of return. I also share some highlights of the past year.

The Dividend Aristocrats Ranked By Quality Scores

The annual rebalancing and subsequent changes to the S&P 500 Dividend Aristocrats Index have produced a new list of 67 dividend growth stocks called the Dividend Aristocrats.

I rank the Dividend Aristocrats using Quality Snapshots, an elegant and effective system for assessing the quality of dividend growth stocks. As in prior editions of this article, I identify the top opportunities for income, growth, and total return investors.

Additionally, I provide a downloadable spreadsheet with fundamental and added value data of all the Dividend Aristocrats.

Quarterly Review of DivGro: Q4-2022

Welcome to the 40^th quarterly review of DivGro, my portfolio of dividend growth stocks. 

Quarterly reviews provide a summary of dividend income, dividend changes, and transactions executed in the past quarter. I also provide some charts showing various portfolio statistics. These reviews are mostly informational and help me to track progress over time.

My portfolio generated more than $11,580 of dividend income this quarter, and I'm projecting dividend income of at least $11,970 per quarter going forward.

10 Dividend Growth Stocks – January 2023

Welcome to another edition of my monthly series of 10 Dividend Growth Stocks. In this series, I rank a selection of Dividend Radar stocks and present the ten top-ranked stocks for further research and possible investment. 

This month, I screened for high-quality stocks with great growth and income prospects and very safe dividends. Additionally, I screened for stocks trading at discounted valuations, so this month's stocks offer great value as well! 

I ranked the stocks using a new version of Quality Snapshots in which I added another quality indicator, 
Portfolio Insight's Dividend Quality Grade. 

The Dividend Kings Ranked By Quality Score

Dividend Kings are great companies that have increased their annual dividend payouts for 50 or more consecutive years! This achievement is remarkable because these companies have delivered ever-increasing dividends to investors through economic recessions, market crashes, technological revolutions, and changes in consumer tastes!

In this article, I rank the Dividend Kings using quality scores obtained from a variation of DVK Quality Snapshots in which I replaced one quality indicator and added another. With a total of six quality indicators, each scored out of 5 points, the version of Quality Snapshots I'm using in this article has a maximum quality score of 30 points. 

Based on their quality scores, I rate stocks as Exceptional (29-30), Excellent (26-28), Fine (21-25), Decent (16-20), Poor (11-15), and Inferior (0-10). Investment Grade ratings have quality scores in the range of 16-30, while Speculative Grade ratings have quality scores below 16 points. 

This article updates one I wrote in April 2022. 

7 Dividend Growth Stocks For January 2023

Happy New Year!

I’m excited to present the January edition of my monthly series of dividend growth [DG] stocks picked from Dividend Radar.

Dividend Radar is a weekly automatically generated spreadsheet of DG stocks with dividend increase streaks of five or more years. It is compiled by Portfolio Insight and provided as a free resource for individual and commercial use, with no registration required.

To find candidates for further research and possible investment, I use different screens from month to month. This month, I’m deploying another variation of DVK Quality Snapshots to identify the highest-quality Dividend Radar stocks.

Monthly Review Of DivGro: December 2022

Welcome to the December review of DivGro, my portfolio of dividend growth stocks. This is the 120^th 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. 

10 Years

Today I'm celebrating a decade since founding DivGro!

I posted my first DivGro article on 10 January 2013. After blogging for 3,652 days and writing 1,351 articles (including this one), DivGro has seen more than 3,468,000 million page views! 

I've averaged an article every 2.7 days or about 11.3 articles every month and about 950 page views per day. 

The number of articles and page views are nice numbers to track, and I'm happy to celebrate these milestones. But DivGro is all about generating a reliable and growing dividend income stream, and tracking DivGro's projected annual dividend income (PADI) is much more relevant!

DivGro's Best and Worst Performers in 2022

Every year-end, I write a short review article to announce DivGro's best and worst performers for the year. I consider only positions I owned throughout 2022, including dividend growth stocks, dividend-paying stocks, growth stocks, and closed-end funds. 

Of the 84 positions I've owned throughout the year, 53 stocks had negative returns, and 31 stocks had positive returns for the year. So it's not surprising that DivGro had a down year in 2022!

On average, these positions are down 6.22% for the year, though if I use a weighted average instead of an arithmetic average, the return is slightly better at -5.05%! These returns exclude dividends. 

This year's best performer is Chevron (CVX), with a stock price increase of 51% in 2022! My worst performer in 2022 was Intel (INTC), down 49% since 1 January 2022. 

3 High-Yielding, Discounted Dividend Growth Stocks

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.

10 Dividend Growth Stocks For December 2022

Welcome to the final edition of my monthly series of 10 Dividend Growth Stocks for 2022. I rank a selection of dividend growth stocks in Dividend Radar and present the ten top-ranked stocks for further research and possible investment. 

This month, I used a new Dividend Quality Grade developed by Portfolio Insight as the primary screen. Specifically, I screened for Dividend Contenders with A+ Dividend Quality Grades. Moreover, I screened for stocks trading at discounted valuations, so this month's stocks offer great value! 

I ranked the candidates using a variation of DVK Quality Snapshots. The variation uses Value Line's Price Stability instead of Value Line's Safety Rank.