Companies that regularly increase their dividend show confidence in their ability to grow earnings. I monitor dividend increases to identify candidates for further analysis.
In the last week, 28 companies on my watch list announced dividend increases, including three of the stocks I hold in my portfolio.
Part 1 of this article covered stocks in the Financials sector. This is Part 2, which covers the non-Financials.
Of the sixteen non-Financials in this week's list, only two companies announced double-digit increases.
The top increase is from Legg Mason Inc (LM), with an impressive 27% increase. The stock has a 3% yield and a stellar 5-year dividend growth rate of 23%!
To see this week's dividend increases, please read this article at Seeking Alpha.
Includes: AIMC, APU, AVY, DKL, EQM, GWW, HEP, IBM, JNJ, LM, MEOH, MPLX, POR, UGI, XLNX, XOM
Very good, thanks for sharing once again.
ReplyDeleteThanks, Buy, Hold Long -- appreciate your comment!
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ReplyDeleteYou're welcome, dividendGeek!
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