Lowe's Dividend Increase

On 30 May, Lowe's (LOW) increased its dividend by 4.35%, from $1.15 to $1.20¢ per share.

The dividend is payable on 6 August to shareholders of record on 23 July. 

LOW's forward yield is 2.13% at $225.73 per share.

Northrop Grumman Dividend Increase

On 20 May, Northrop Grumman (NOC) increased its dividend by 12.16%, from $2.06 to $2.31 per share.

The dividend is payable on 18 June to shareholders of record on 2 June. 

NOC's forward yield is 1.96% at $471.46 per share.

May 2025 Newsletter

Welcome to the MAY edition of my DivGro 2.0 newsletter!

April was a tumultuous month, instigated by the Trump Administration's so-called Liberation Day tariff announcement on 2 April. President Trump slapped reciprocal tariffs on 185 countries, with the new levies ranging from a 10% baseline tariff to additional duties for nations considered to be the "worst offenders."

The announcement caused widespread panic selling and a significant increase in market volatility. Some estimates place the global stock market loss at $8.56 trillion between 2-8 April. 

RLI Dividend Increase

On 13 May, RLI (RLI) increased its dividend by 6.67%, from 15¢ to 16¢ per share.

The dividend is payable on 20 June to shareholders of record on 30 May. 

RLI's forward yield is 0.85% at $75.69 per share.

Home Run Number 55

I'm happy to announce that DivGro just delivered its 55^th Home Run! When a stock in my portfolio doubles my original investment in total return, I assign it Home Run status. 

As a dividend growth investor, I invest in high-quality dividend growth stocks with long histories of increasing annual dividend payouts. 

Unless the underlying fundamentals change, there's rarely a reason to sell these stocks. And if I hold them long enough, they'll eventually double my original investment in total return and become Home Run stocks!

10 Undervalued Dividend Growth Stocks: May 2025

This monthly article series identifies 10 Undervalued Dividend Growth Stocks for further research and possible investment.

I present the top-ranked candidates based on quality scores. These high-quality, undervalued dividend growth stocks are candidates for your dividend growth portfolio.

As always, I recommend doing your own analysis before investing in these stocks.

This month, I'm presenting the top ten undervalued dividend growth stocks with projected dividend growth rates of at least 10%.

KLA Dividend Increase

On 8 May, KLA (KLAC) increased its dividend by 11.76%, from $1.70 to $1.90 per share.

The dividend is payable on 3 June to shareholders of record on 19 May. 

KLAC's forward yield is 1.08% at $701.20 per share.

Main Street Capital Dividend Increase

On 6 May, Main Street Capital (MAIN) increased its dividend by 2%, from 25¢ to 25.5¢ per share.

The dividend is payable on 15 July to shareholders of record on 8 July. 

MAIN's forward yield is 5.78% at $52.95 per share.

RTX Dividend Increase

On 2 May, RTX (RTX) increased its dividend by 7.94%, from 63¢ to 68¢ per share.

The dividend is payable on 12 June to shareholders of record on 23 May. 

RTX's forward yield is 2.52% at $129.19 per share.

Apple Dividend Increase

On 1 May, Apple (AAPL) increased its dividend by 4%, from 25¢ to 26¢ per share.

The dividend is payable on 15 May to shareholders of record on 12 May. 

AAPL's forward yield is 1.04% at $198.88 per share.