American States Water Dividend Increase

On 31 July, American States Water (AWR) increased its dividend by 8.27%, from 46.55¢ to 50.4¢ per share.

The dividend is payable on 3 September to shareholders of record on 15 August. 

AWR's forward yield is 2.75% at $73.39 per share.

McKesson Dividend Increase

 On 30 July, McKesson (MCK) increased its dividend by 15.5%, from 71¢ to 82¢ per share.

The dividend is payable on 1 October to shareholders of record on 2 September. 

MCK's forward yield is 0.46% at $708.70 per share.

Cintas Dividend Increase

On 29 July, Cintas (CTAS) increased its dividend by 15.4%, from 39¢ to 45¢ per share.

The dividend is payable on 15 September to shareholders of record on 15 August. 

CTAS's forward yield is 0.80% at $224.53 per share.

The Highest-Quality Dividend Challengers By Quality Scores

The article presents the highest-quality Dividend Contenders, companies listed on U.S. exchanges with higher annual dividend payouts for 10-24 consecutive years.

It is the third of three articles covering the highest-quality Dividend Champions, Contenders, and Challengers by Quality Scores.

I use a quality scoring system with six quality indicators, each worth five points, for a maximum score of 30. The highest-quality Dividend Challengers score four or five points for each quality indicator.

Comfort Systems USA Dividend Increase

On 24 July, Comfort Systems USA (FIX) increased its dividend by 11.1%, from 45¢ to 50¢ per share.

The dividend is payable on 25 August to shareholders of record on 14 August. 

FIX's forward yield is 0.29% at $688.74 per share.

Home Run Number 56

I'm happy to announce DivGro's 56^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: July 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 strong growth and income prospects.

July 2025 Newsletter

Welcome to the JULY edition of my DivGro 2.0 newsletter!

After a brief market recap, I provide an overview of my DivGro portfolio (as of June 30, 2025), along with a list of all transactions that impacted DivGro's projected annual dividend income.

In June, I added shares to one position and trimmed another, so DivGro still contains 77 positions. Of these, 68 are dividend growth [DG] stocks, 3 are dividend-paying stocks, and 4 are closed-end funds. By convention, I label stocks with dividend increase streaks of five or more years as DG stocks.