Companies that regularly increase 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.
Recently, seven companies on my watch list declared dividend increases, including two of the stocks I own.
Two of the stocks announced double-digit percentage increases.The top increase is from Texas Instruments (TXN) with an impressive increase of 24%! The stock now yields 2.81% at $88.27 per share.
The runner-up is JP Morgan Chase (JPM), which now yields 2.36% at $94.83. JPM increased their dividend by 12%.
For details about all this week's dividend increases, please see this article at Seeking Alpha.
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.
Out of the companies that you mentioned, Microsoft is the only one that I own. Despite being at 52week highs when I bought it, I thought that they still had plenty of growth ahead of them. Fortunately that thesis is still looking good. Thanks for sharing FerdiS.
ReplyDeleteMSFT is a great dividend growth stock -- if you stay long for long, you'll be very happy you did. I know I'm sticking around! I also like TXN, but it seems like I've missed the boat again!
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FerdiS
Don't feel bad FerdiS. I have missed the boat on TXN over the years too. Like More Dividends though, have been long MSFT for past 5 years and I'm happy about that and their latest dividend increase.
ReplyDeleteTom
Hi, Tom -- I owned TXN before, but sold my shares when I decided to start options trading. It was hard to sell a winner, but at the time TXN was trading well above fair value and I had to sell some of my holdings in order to round up to 100 shares (or multiples of 100 shares) the positions I wanted to target with options. So far, TXN has not really given me an opportunity to get back in...
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