Pages

Tuesday, December 5, 2017

8 Dividend Increases: November 27-December 1, 2017


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. 

Only one stock announced a double-digit percentage increase this time.

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.

For details about the other 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.

6 comments:

  1. Always very useful your information. It's worth following your blog

    ReplyDelete
    Replies
    1. Thanks! I hope you continue to find value in my blog... all the best!

      Delete
    2. A 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.

      Delete
    3. I think you meant to say these stocks will do well? If so, I agree. We're already seeing some of that happening!

      Delete
  2. Nice post. Good Info.

    Keep up the good work DG. Good Luck.
    TDK.

    ReplyDelete
    Replies
    1. Thanks, TDK -- I appreciate your comment. All the best to you in your investing journey!

      Delete

Please don't include links in comments. I will mark such comments as spam and the comment won't be published. To make me aware of your blog or website, comment on my Blogrole page instead.