Lam Research Dividend Increase

On 28 August, Lam Research (LRCX) increased its dividend by 13.04%, from 23¢ to 26¢ per share.

The dividend is payable on 15 October to shareholders of record on 24 September. 

LRCX's forward yield is 1.04% at $100.06 per share.

Intuit Dividend Increase

On 21 August, Intuit (INTU) increased its dividend by 15.38%, from $1.04 to $1.20 per share.

The dividend is payable on 17 October to shareholders of record on 9 October. 

INTU's forward yield is 0.72% at $666.80 per share.

Altria Dividend Increase

On 21 August, Altria (MO) increased its dividend by 3.92%, from $1.02 to $1.06 per share.

The dividend is payable on 10 October to shareholders of record on 15 September. 

MO's forward yield is 6.27% at $67.67 per share.

August 2025 Newsletter

Welcome to the AUGUST edition of my DivGro 2.0 newsletter!

As usual, I provide a quick market recap and an overview of my DivGro portfolio (as of 31 July 2025), including transactions that impacted DivGro's projected annual dividend income.

In July, I opened one new position and closed thirteen existing positions, so DivGro now contains 65 positions. Of these, 59 are dividend growth [DG] stocks, five are closed-end funds [CEFs], and one is a dividend-paying stock. By convention, I label stocks with dividend increase streaks of five or more years as DG stocks.

10 Undervalued Dividend Growth Stocks: August 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 undervalued dividend growth stocks with a 5-year yield-on-cost of at least 5%.

Badger Meter Dividend Increase

On 31 July, Badger Meter (BMI) increased its dividend by 17.65%, from 34¢ to 40¢ per share.

The dividend is payable on 5 September to shareholders of record on 22 August. 

BMI's forward yield is 0.85% at $73.39 per share.

Home Run Number 57

I'm happy to announce DivGro's 57^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!