Summary
- In the past 2 weeks, 9 companies on my watch list of dividend growth stocks announced dividend increases.
- I monitor dividend increases for stocks in my portfolio to make yield on cost adjustments and to track projected annual dividend income.
- Regular dividend increases indicate an expectation of future earnings growth. I use this process to identify candidates for further analysis.
To see the list of companies that announced dividend increases, please read this article at Seeking Alpha.
I own only one on that list (TGT) and was happy to see the increase. I was lucky to buy into the panic that brought the price down to $55 last year, so its been a great investment for me. I actually sold a few shares of TGT (even tho I consider it a core holding) because of the run up, just to take the profits.
ReplyDeleteNot sure if that was wise (tho I think it was), but I know I would not buy TGT at its price today so I am happy with what I have.
There are two companies on your list I would like to own---CBRL and CL, but they are overpriced in my opinion, and what I call "premium companies". I would buy CBRL in the $109 range, and CL at $59 range
Hi Mike -- thanks for commenting. I bought TGT in December of 2013 at about $63, so not quite as good an entry point as yours. Like you, I'm very happy with the investment. Total return for me is 25% annualized, which is great.
DeleteThanks for sharing your ideas about CBRL and CL. Both are good companies, IF you can get shares at or below fair value.
Take care!
By depending on my KLSE stock analysis, I try to invest in stocks, as I get guaranteed profit from my research.
ReplyDeleteThanks, but I'm not really interested in anything that touts "guaranteed" profits.
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