Includes: ARTNA, AXP, CLC, HIFS, MCD, OGE, YUM
Summary
- Companies that regularly increase dividends show confidence in the potential growth of future earnings.
- I monitor dividend increases for stocks on my watch list of dividend growth stocks to identify candidates for further analysis.
- Recently, 7 companies on my watch list declared dividend increases, including 1 of my DivGro holdings.
To see the list of dividend growth stocks that announced dividend increases in the past week, please read this article at Seeking Alpha.
The list includes 4 stocks that announced double-digit percentage increases, as well as one DivGro stock that increased its dividend!
Lots of big increases there(10%+). You can see lots of companies are doing well and passing that on to their shareholders - I wonder if it's a sign of trying to guarantee solid performance with the upcoming interest raise bumps which will affect the prices of dividend payers.
ReplyDeleteDouble digit percentage increases are exciting! Personally, I use these dividend increase announcements to identify stocks for further analysis. Often, stocks that increases by more than 10% have very low yields. About your speculation -- I don't think dividend payers try to guarantee solid performance... I think they're just returning cash to shareholders as earnings allow. We'll see how interest rates are adjusted. I don't think we'll see a hike before next year, but I might be wrong!
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