Companies that regularly increase dividends show confidence in the potential growth of future earnings.
Monitoring dividend increases for stocks on my watch list is one way to identify candidates for further analysis.
In the past week, 9 companies on my watch list announced dividend increases.
Two of the nine stocks announced double-digit percentage increases.
The top increase is from Tiffany & Company (TIF) with an increase of 11.11%. The stock now yields 2.32% and has a 5-year dividend growth rate of 9.5%!
Next in line is MB Financial Inc (MBFI), which announced a 10.53% increase. The stock now yields 2.01% and its 5-year dividend growth rate is a mindboggling 79%.
Congratulations for yours dividend increases
ReplyDeleteNone in my portfolio this week, but I'm happy with the increases I've had so far this year!
DeleteYou've got to love that passive income growth! No complaints!
ReplyDeleteAbsolutely! Getting regular increases just for owning shares is a great way of building a growing passive income stream. Take care and happy investing!
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