Companies that regularly increase dividends show confidence in future earnings growth potential. Monitoring dividend increase announcements helps me identify candidates for further analysis.
In the past week, 34 companies that match my watch criteria announced dividend increases, including one of my portfolio holdings.
Part 1 presented details on dividend increases from the Financials sector stocks. In Part 2 the remaining sectors are covered.
The top increase in Part 2 is from Mondelez International (MDLZ), a company based in Deerfield, Illinois, that manufactures and markets snack food and beverage products. The company announced an increase of 18%, so MDLZ now yields 2.42% at $42.90 per share.The runner up is McKesson (MCK), a company that distributes branded, generic, specialty, biosimilar, and over-the-counter pharmaceutical drugs, as well as other healthcare-related products. MCK increased its dividend by 15% and now yields 1.26% at $123.89 per share.
To see details of all increases in sectors other than the Financials sector, 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.
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