Companies that regularly raise their dividends show confidence in the potential growth of future earnings. I monitor dividend increase announces to help me identify dividend growth stocks for further analysis.
In the past week, eight companies on my watch list announced dividend increases, including one of the stocks I own.
In the past week, eight companies on my watch list announced dividend increases, including one of the stocks I own.
The top increase is from McCormick & Co (MKC), a company that manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. MKC increased its dividend by 10.6% and now yields 1.99% at $102.85 per share.The runner-up is PNM Resources (PNM), an investor-owned holding company of energy and energy-related businesses in the United States. PNM announced an increase of 9.3%. The stock now yields 2.32% at $45.50 per share.
Always very useful your information. It's worth following your blog
ReplyDeleteThanks! I hope you continue to find value in my blog... all the best!
DeleteA lot of dividend stocks are smaller cap companies or large cap non-tech companies. I think these stocks will do next year when the tax cut passes and capital repatriation begins.
DeleteI think you meant to say these stocks will do well? If so, I agree. We're already seeing some of that happening!
DeleteNice post. Good Info.
ReplyDeleteKeep up the good work DG. Good Luck.
TDK.
Thanks, TDK -- I appreciate your comment. All the best to you in your investing journey!
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