Companies can only raise their dividends regularly if earnings grow sufficiently.
Monitoring dividend increases for stocks on my watch list helps me identify candidates for further analysis.
This past week, 19 companies on my watch list announced dividend increases, including three of the stocks I own.
Three stocks in my DivGro portfolio announced dividend increases: Gilead Science Inc (GILD), United Parcel Service Inc (UPS), and 3M Company (MMM). The average increase is 7.6%, which is very gratifying!
Five stocks announced double-digit percentage increases, including one of the stocks I own!
Includes: ADM, ALL, BKH, BMS, CHD, CME, DNKN, DPS, EFX, GEO, GILD, HAS, JCOM, MCHP, MMM, PAG, RHI, SE, SEP, UPS
Please feel free to leave comments on this article either at Seeking Alpha or here, on my blog. I'll do my best to respond to each comment as quickly as possible.
Very nice growth overall, you would have to be happy with that!
ReplyDeleteAgreed! Thanks for reading and commenting!
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