Companies that regularly raise dividends show confidence in the potential growth of future earnings.
Monitoring dividend increases for stocks on my watch list helps me identify candidates for further analysis.
In the past week, 4 companies on my watch list announced dividend increases.
Two of the four stocks announced double-digit percentage increases.
The top increase is from Lowe's Companies (LOW) with an increase of 17.14%. The stock now yields 2.04% and has a 5-year dividend growth rate of 20.3%!
Next in line is CoreSite Realty Corp (COR), which announced a 12.50% increase. The stock now yields 3.38% and its 5-year dividend growth rate is an impressive 44.4%.
I spent $40K on renovation. Lowes has the majority of my business. I should have bought more Lowes stock as the DYI community is growing STRONG.
ReplyDeleteCheers!
Hi Vivianne -- I hope you had fun renovating your place! Where we live, Home Depot is closer but I sometimes drive further to Lowes because they carry some things Home Depot don't.
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