For example, I require a dividend yield of at least 1.5% for Dividend Challengers and a dividend yield of at least 1.0% for Dividend Contenders and Dividend Champions.
In the past week, 22 companies on my watch list decided to increase their dividends, including one of the stocks I hold in my portfolio. Part 1 presented dividend increases of stocks in the Energy and Financials sectors. This is Part 2, which covers dividend increase announcements from the remaining sectors.
Four increases presented in Part 2 are double-digit increases.
The top increase is from Celanese (CE), a technology and specialty materials company that manufactures and sells value-added chemicals, thermoplastic polymers, and other chemical-based products. CE announced an increase of 17.4% and now yields 1.93% at $111.70 per share.
The runner-up is Parker-Hannifin (PH), a manufacturer of motion and control technologies and systems, which provides precision-engineered solutions for a range of mobile, industrial and aerospace markets. PH announced an increase of 15.2% and the stock now yields 1.72% at $176.39 per share.
To see details about all the dividend increases in sectors other than the Energy and Financials sectors, please read this article at Seeking Alpha.
As a bonus, I'm including a summary of ex-dividend dates for the next two weeks. Scan the list of stocks to see if there's a stock you want to pick up before the ex-dividend date so you can grab the next dividend.
No comments:
Post a Comment
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.