Companies that regularly raise dividends show confidence in the potential growth of future earnings.
I like monitoring dividend increases for stocks on my watch list of dividend growth stocks because I consider such stocks to be candidates for further analysis.
This past week, 19 companies on my watch list announced dividend increases, including one of the stocks I own.
One stock in my DivGro portfolio announced a dividend increase: Eversource Energy (ES). While the increase of 6.74% is a little less than I would like to see, it handily beats the current inflation rate, so don't have too much to complain about.
Five stocks announced double-digit percentage increases!
Includes: AIV, AVA, AVB, BAH, BIP, CMP, ES, GLW, HCN, HCSG, HOG, LVS, MDP, NP, PFG, PPL, SMP, SPG, WGL
Up to 14% dividend increase is fantastic if you are a holder. I am not but for those that are, it would be a very positive article for them to read. Cheers
ReplyDeleteThanks for reading and commenting! Take care and I hope you continue to find benefit in reading my articles.
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