NVIDIA Dividend Increase

On May 20, NVIDIA (NVDA) increased its dividend by 2,400%, from 1¢ to 25¢ per share.

The dividend is payable on June 26 to shareholders of record on June 4.

NVDA's contribution to DivGro's projected annual dividend income will increase by $192 to $200.

Northrop Grumman Dividend Increase

On May 19, Northrop Grumman (NOC) increased its dividend by 6.93%, from $2.31 to $2.47 per share.

The dividend is payable on June 17 to shareholders of record on June 1.

NOC's contribution to DivGro's projected annual dividend income will increase by $14.72 to $227.24.

My Top Dividend Growth Picks In Each GICS Sector

To minimize the risk of dividend cuts, I invest only in the highest-quality dividend growth [DG] stocks. I use a quality scoring system to assess the quality of DG stocks. My quality scoring system blends qualitative expert assessments with quantitative financial metrics and rates DG stocks on a 10-point scale across 9 weighted factors.

Sector diversification is one of the most effective ways to manage risk and build a resilient investment portfolio. By spreading investments across sectors, a downturn in one industry won't drag down your entire portfolio. Different sectors perform well at different stages of the economic cycle. Cyclical sectors thrive when the economy is booming, while defensive sectors are resilient during a recession.

This article presents my top dividend growth picks for each of the 11 GICS sectors. I provide 2 DG stocks per sector, the sector winners and the runners-up by quality score. As always, I present the picks in tables with key metrics, my consensus fair value, and quality scores.

TSMC Dividend Increase

On 12 May, TSMC (TSM) increased its quarterly dividend by 16.67%, from $30 TWD to $35 TWD per share.

The dividend is payable on 8 October to shareholders of record on 22 September. The ex-dividend date is 16 September.

TSM's contribution to DivGro's projected annual dividend income will increase by approximately $40.53 to $258.36.

10 Dividend Growth Stocks for May 2026

This monthly article series identifies 10 Dividend Growth Stocks for further research and possible investment.

I present the top-ranked candidates based on quality scores. These high-quality dividend growth stocks are candidates for your dividend growth portfolio.

As always, I recommend doing your own analysis before investing in these stocks.

This month, I'm presenting dividend growth stocks with forward yields of at least 1%, quality scores above 7.0, and consensus upside of at least 10%.

KLA Dividend Increase

On 8 May, KLA (KLAC) increased its dividend by 21.05%, from $1.90 to $2.30 per share.

The dividend is payable on 2 June to shareholders of record on 18 May. 

KLAC's contribution to DivGro's projected annual dividend income will increase by $32 to $184.

Main Street Capital Dividend Increase

On 5 May, Main Street Capital (MAIN) increased its dividend by 1.92%, from 26¢ to 26.5¢ per share.

The dividend is payable on 15 July 2026 to shareholders of record on 8 July 2026. 

MAIN's forward yield is 5.54% at $57.36 per share.

Home Run Number 63

Today, I'm happy to announce DivGro's 63^rd Home Run!

I call the stocks in my DivGro portfolio Home Runs after they double my original investment on a total-return basis.

As a dividend growth investor, I invest in high-quality dividend growth stocks with long histories of increasing annual dividend payouts. 

There's rarely a reason to sell high-quality dividend-growth stocks if the company's underlying fundamentals don't change. And if you hold such stocks long enough, they'll eventually double your original investment in total return!

Apple Dividend Increase

On 30 April, Apple (AAPL) increased its dividend by 3.85%, from 26¢ to 27¢ per share.

The dividend is payable on 14 May to shareholders of record on 11 May.

AAPL's contribution to DivGro's projected annual dividend income will increase by $3 to $81.

Alphabet Dividend Increase

On 29 April, Alphabet (GOOG) increased its dividend by 4.76%, from 21¢ to 22¢ per share.

The dividend is payable on 15 June to shareholders of record on 8 June.

GOOG's contribution to DivGro's projected annual dividend income will increase by $2 to $44.

PACCAR Dividend Increase

On 29 April, PACCAR (PCAR) increased its dividend by 6.06%, from 33¢ to 35¢ per share.

The dividend is payable on 3 June to shareholders of record on 13 May.

PCAR's contribution to DivGro's projected annual dividend income will increase by $8 to $140.

9F Dividend Quality Scores : Factor 2 – Dividend Track Record

I've been building a new quality scoring system that rates dividend stocks on a 10-point scale across nine weighted factors. 

Each factor blends qualitative expert assessments from independent sources with quantitative financial metrics, such as payout ratios, growth rates, and leverage. 

The goal is a single, defensible number that captures a dividend stock's overall quality. 

Comfort Systems Dividend Increase

On 24 April, Comfort Systems (FIX) increased its dividend by 14.28%, from 70¢ to 80¢ per share.

The dividend is payable on 26 May to shareholders of record on 15 May.

FIX's contribution to DivGro's projected annual dividend income will increase by $7.20 to $57.60.

Ameriprise Financial Dividend Increase

On 23 April, Ameriprise Financial (AMP) increased its dividend by 6.25%, from $1.60 to $1.70 per share.

The dividend is payable on 22 May to shareholders of record on 4 May.

AMP's contribution to DivGro's projected annual dividend income will increase by $14.40 to $244.80.

Travelers Dividend Increase

On 16 April, Travelers (TRV) increased its dividend by 13.64%, from $1.10 to $1.25 per share.

The dividend is payable on 30 June to shareholders of record on 10 June.

TRV's contribution to DivGro's projected annual dividend income will increase by $18 to $150.

Costco Dividend Increase

On 15 April, Costco (COST) increased its dividend by 13.08%, from $1.30 to $1.47 per share.

The dividend is payable on 15 May to shareholders of record on 1 May.

COST's contribution to DivGro's projected annual dividend income will increase by $17 to $147.

April 2026 Newsletter

Welcome to the April edition of DivGro 2.0's monthly newsletter! 

Every month, I write a market recap and a summary of my DivGro portfolio as of the last day of the previous month. I also summarize transactions that affected DivGro's projected annual dividend income [PADI].

DivGro contains 53 positions. Of these, 47 are dividend growth [DG] stocks, 2 are dividend-paying stocks, and 4 are closed-end funds.

By convention, I label stocks with dividend increase streaks of at least 5 years as DG stocks.

The Dividend Aristocrats Ranked By Quality Scores (April 2026)

The S&P 500 Dividend Aristocrats Index consists of 69 dividend growth stocks, which, with some exceptions, have increased their annual dividends for 25 or more consecutive years.

In this article, I rank the Dividend Aristocrats by quality scores and present undervalued, fairly valued, and overvalued stocks with detailed metrics and fair value estimates.

I'm using 9F Quality Scores, my new quality scoring system that rates dividend stocks on a 10-point scale across nine weighted factors. Each factor blends qualitative signals and quantitative metrics. 

I'm also using an expanded valuation system to determine a stock's fair value [FV]. The system uses the same wisdom-of-the-crowds philosophy as before, but adds calculated estimates and rigorous statistical analysis to arrive at a consensus FV.

Applied Materials Dividend Increase

On 13 March, Applied Materials (AMAT) increased its dividend by 15.22%, from 46¢ to 53¢ per share.

The dividend is payable on 11 June to shareholders of record on 21 May.

AMAT's contribution to DivGro's projected annual dividend income will increase by $23.80 to $180.20.

DICK's Sporting Goods Dividend Increase

On 12 March, DICK's Sporting Goods (DKS) increased its dividend by 3.09%, from $1.2125 to $1.25 per share.

The dividend is payable on 10 April to shareholders of record on 27 March.

DKS's contribution to DivGro's projected annual dividend income will increase by $18 to $600.

General Dynamics Dividend Increase

On 9 March, General Dynamics (GD) increased its dividend by 6%, from $1.50 to $1.59 per share.

The dividend is payable on 8 May to shareholders of record on 10 April.

GD's contribution to DivGro's projected annual dividend income will increase by $18 to $318.

My 9F Dividend Quality Scores: Factor 1 – Dividend Safety

I've been building a new quality scoring system that rates dividend stocks on a 10-point scale across nine weighted factors. 

Each factor blends qualitative expert assessments from independent sources with quantitative financial metrics, such as payout ratios, growth rates, and leverage. 

The goal is a single, defensible number that captures a dividend stock's overall quality. 

March 2026 Newsletter

Welcome to the March edition of DivGro 2.0's monthly newsletter! 

Every month, I write a market recap and a summary of my DivGro portfolio as of the last day of the previous month. I also summarize transactions that affected DivGro's projected annual dividend income [PADI].

February was another quiet month with no trades in my DivGro portfolio. Of my 53 positions, 47 are dividend growth [DG] stocks, two are dividend-paying stocks, and four are closed-end funds. By convention, I label stocks with dividend-increase streaks of five or more years as DG stocks.

February 2026 Newsletter

Welcome to the February edition of DivGro 2.0's monthly newsletter! 

Every month, I write a market recap and a summary of my DivGro portfolio as of the last day of the previous month. I also summarize transactions that affected DivGro's projected annual dividend income [PADI].

January was a quiet month with no trades in my DivGro portfolio. Of my 53 positions, 47 are dividend growth [DG] stocks, two are dividend-paying stocks, and four are closed-end funds. By convention, I label stocks with dividend-increase streaks of five or more years as DG stocks.

Eaton Dividend Increase

On 26 February, Eaton (ETN) increased its dividend by 5.77%, from $1.04 to $1.10 per share.

The dividend is payable on 27 March to shareholders of record on 10 March.

ETN's contribution to DivGro's projected annual dividend income will increase by $14.40 to $264.