I monitor dividend increase announcements for stocks in the Dividend Champions List [CCC list].The CCC list is separated into three categories based on how long companies have maintained their streak of annually increasing dividends: Champions (25+ years), Contenders (10- 24 years), and Challengers (5-9 years).
In the past week, 32 companies in the CCC list announced dividend increases, including five of the stocks I hold in my portfolio. Five of the dividend increases are double-digit percentage increases!
This week's largest increase is from Air Products and Chemicals (APD), an industrial distributor that supplies customers in a range of industries with products, including bearings, power transmission components, fluid power components and systems, industrial rubber products, linear motion components, tools, safety products, and general maintenance and mill supply products. APD announced an impressive increase of 16% and now yields 2.20% at $243.95 per share.To see details of the increases announced in the last few weeks, 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.
Soon sections of my blog will only be available to subscribers, so I encourage you to sign up now!
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