February 2025 Newsletter

Welcome to the FEBRUARY edition of my DivGro 2.0 newsletter!

Once again, this edition is a shortened version of the usual format to ensure continuity. I'm publishing it in the nick of time, as February only has 28 days in non-leap years!

In January, I reopened a position in Hormel Foods (HRL) and added shares to NIKE (NKE) due to options assignments. Additionally, I opened ten small positions in growth stocks, continuing last year's theme of increasing DivGro's total return prospects.

DivGro now contains 90 positions.

Sempra Dividend Increase

On 25 February, Sempra (SRE) increased its dividend by 4.03%, from 62¢ to 64.5¢ per share.

The dividend is payable on 15 April to shareholders of record on 20 March. 

SRE's contribution to DivGro's projected annual dividend income will increase by $20 to $516.

Home Depot Dividend Increase

On 25 February, Home Depot (HD) increased its dividend by 2.22%, from $2.25 to $2.30 per share.

 
The dividend is payable on 27 March to shareholders of record on 13 March. 

HD's contribution to DivGro's projected annual dividend income will increase by $14 to $644.

10 Undervalued Dividend Growth Stocks: February 2025

In this series, I rank a selection of Dividend Radar stocks and present the ten top-ranked stocks for further research and possible investment. 

This month, I'm presenting the ten top-ranked undervalued dividend growth stocks with projected dividend growth rates of 6% or higher and 5-year yield on cost projections of at least 4%. 

I own only three of the ten candidates in my DivGro portfolio.

Coca-Cola Dividend Increase

On 20 February, Coca-Cola (KO) increased its dividend by 5.15%, from 48.5¢ to 51¢ per share.

 
The dividend is payable on 1 April to shareholders of record on 14 March. 

KO's contribution to DivGro's projected annual dividend income will increase by $30 to $612.

Realty Income Dividend Increase

On 19 February, Realty Income (O) increased its monthly dividend by 1.52%, from 26.4¢ to 26.8¢ per share.

The dividend is payable on 14 March to shareholders of record on 3 March. 

O's contribution to DivGro's projected annual dividend income will increase by $12 to $804.

RLI Dividend Increase

On 13 February, RLI (RLI) increased its dividend by 3.45%, from 14.5¢ to 15¢ per share.

 
The dividend is payable on 30 March to shareholders of record on 28 February. 

RLI's contribution to DivGro's projected annual dividend income will increase by $4.80 to $144.

NextEra Energy Dividend Increase

On 14 February, NextEra Energy (NEE) increased its dividend by 10%, from 51.50¢ to 56.65¢ per share.

 
The dividend is payable on 17 March to shareholders of record on 28 February. 

NEE's contribution to DivGro's projected annual dividend income will increase by $72.10 to $793.10.

Tractor Supply Dividend Increase

On 13 February, Tractor Supply (TSCO) increased its dividend by 4.55%, from 22¢ to 23¢ per share.

 
The dividend is payable on 11 March to shareholders of record on 26 February. 

TSCO contribution to DivGro's projected annual dividend income will increase by $15 to $345.

Public Service Enterprise Group Dividend Increase

On 11 February, Public Service Enterprise Group (PEG) increased its dividend by 5.00%, from 60¢ to 63¢ per share.

 
The dividend is payable on 31 March to shareholders of record on 10 March. 

PEG's contribution to DivGro's projected annual dividend income will increase by $18 to $378.

Intercontinental Exchange Dividend Increase

On 6 February, Intercontinental Exchange (ICE) increased its dividend by 6.67%, from 45¢ to 48¢ per share.

 
The dividend is payable on 31 March to shareholders of record on 17 March. 

ICE's contribution to DivGro's projected annual dividend income will increase by $12 to $192.

Archer-Daniels-Midland Dividend Increase

On 4 February, Archer-Daniels-Midland (ADM)  increased its dividend by 2%, from 50¢ to 51¢ per share.

 
The dividend is payable on 11 March to shareholders of record on 18 February. 

ADM's contribution to DivGro's projected annual dividend income will increase by $8 to $408.

Chevron Dividend Increase

On 31 January, Chevron (CVX)  increased its dividend by 4.91%, from $1.63 to $1.71 per share.

 
The dividend is payable on 10 March to shareholders of record on 14 February. 

CVX's contribution to DivGro's projected annual dividend income will increase by $11 to $521.

Comcast Dividend Increase

On 30 January, Comcast (CMCSA) increased

  its dividend by 6.45%, from 31¢ to 33¢ per share. 

The dividend is payable on 23 April to shareholders of record on 2 April.

CMCSA's contribution to DivGro's projected annual dividend income will increase by $54 to $891.

Eversource Energy Dividend Increase

On 29 January, Eversource Energy (ES) increased

 its dividend by 5.24%, from 71.50¢ to 75.25¢ per share. 

The dividend is payable on 31 March to shareholders of record on 4 March.

ES contribution to DivGro's projected annual dividend income will increase by $45 to $903.

Black Hills Dividend Increase

On 29 January, Black Hills (BLK) increased

 its dividend by 2.16%, from $5.10 to $5.21 per share. 

The dividend is payable on 24 March to shareholders of record on 7 March.

BLK's contribution to DivGro's projected annual dividend income will increase by $11 to $521.