Companies that regularly increase dividends show confidence in the potential growth of future earnings.
Monitoring dividend increases for stocks my watch list is one way to identify candidates for further analysis.
This week, 31 companies on my watch list decided to increase their dividends, including 3 of my DivGro holdings.
This week, 31 companies on my watch list decided to increase their dividends, including 3 of my DivGro holdings.
Part 1 of this article reported on nine Financials sector stocks and three MLPs that announced dividend increases last week. Part 2 reports on 19 companies in sectors other than the Financials sector.
Three stocks in my DivGro portfolio announced dividend increases: Valero Energy Corporation (VLO), Dominion Resources, Inc (D), and Kimberly-Clark Corporation (KMB). And, no fewer than five stocks announced double-digit percentage increases!
Includes: AIT, ALE, APD, CMCSA, CNI, CWT, D, GATX, HCN, JBHT, KMB, LVS, NI, PH, PII, PX, ROL, SJW, VLO
That is quite a few of raises there. How awesome is that for all of those who are holding. Well done to those. Hope you have a great year in 2017.
ReplyDeleteYeah, lots of raises this time of year! I'm happy that 3 of my stocks announced dividend increases. Nothing like getting paid more for just being a shareholder! Thanks for commenting and all the best!
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