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.

Comfort Systems Dividend Increase

On 24 April, Comfort Systems (FIX) increased its dividend by 12.5%, from 40¢ to 45¢ per share.

The dividend is payable on 27 May to shareholders of record on 16 May. 

FIX's forward yield is 0.45% at $397.43 per share.

Ameriprise Financial Dividend Increase

On 24 April, Ameriprise Financial (AMP) increased its dividend by 8.11%, from $1.48 to $1.60¢ per share.

The dividend is payable on 19 May to shareholders of record on 5 May. 

AMP's forward yield is 1.37% at $465.94 per share.

Costco Wholesale Dividend Increase

On 16 April, Costco Wholesale (COST) increased its dividend by 12.1%, from $1.16 to $1.30¢ per share.

The dividend is payable on 16 May to shareholders of record on 2 May. 

COST's forward yield is 0.53% at $977.16 per share.

Travelers Dividend Increase

On 15 April, Travelers (TRV) increased its dividend by 4.76%, from $1.05 to $1.10¢ per share.

The dividend is payable on 30 June to shareholders of record on 10 June. 

TRV's forward yield is 1.70% at $259.16 per share.

Johnson & Johnson Dividend Increase

On 15 April, Johnson & Johnson (JNJ) increased its dividend by 4.84%, from $1.24 to $1.30 per share.

The dividend is payable on 10 June to shareholders of record on 27 May. 

JNJ's forward yield is 3.36% at $154.58 per share.

Procter & Gamble Dividend Increase

On 8 April, Procter & Gamble (PG) increased its dividend by 5%, from $1.0065 to $1.0568¢ per share.

The dividend is payable on 15 May to shareholders of record on 21 April. 

PG's forward yield is 2.63% at $161.02 per share.

April 2025 Newsletter

Welcome to the APRIL edition of my DivGro 2.0 newsletter!

April has been a tumultuous month, kicked off by the Trump Administration's "liberation day" tariff announcements. The ensuing market reaction was furious, with stock indices falling by more than ten percent and wiping out over $6 trillion in market capitalization in just two days.

I'll write more about the impact of April's market chaos on my portfolio in next month's newsletter. In this edition, I'll focus on the actions I took in March to prepare for converting our IRAs to Roth IRAs later this year.

Qualcomm Dividend Increase

On 18 March, Qualcomm (QCOM) increased its dividend by 4.71%, from 85¢ to 89¢ per share.

This dividend increase will be effective for quarterly dividends payable after March 27, 2025

QCOM's forward yield is 2,33% at $152.72 per share.

The Highest-Quality Dividend Champions By Quality Scores

This article presents the highest-quality Dividend Champions, which are companies listed on U.S. exchanges that have consistently higher annual dividend payouts for at least 25 years. Subsequent articles will present the highest-quality Dividend Contenders (10-24 years) and Challengers (5-9 years).

There are 137 Dividend Champions in Portfolio Insight's Dividend Radar spreadsheet, and researching all of them would be a daunting task. Instead, I use a quality scoring system to assess the quality of dividend growth [DG] stocks and focus my research efforts on the highest-quality DG stocks. The system considers six quality indicators, each worth five points, for a maximum score of 30. The highest-quality Dividend Champions score four or five points for each quality indicator.

10 Undervalued Dividend Growth Stocks: March 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 ten top-ranked undervalued dividend growth stocks yielding at least 4%.

March 2025 Newsletter

Welcome to the MARCH edition of my DivGro 2.0 newsletter!

As usual, I provide a quick market recap and an overview of my DivGro portfolio (as of 28 February 2025).

In February, I opened eleven new positions and closed twelve existing positions, so DivGro now contains 89 positions. Of these, 71 are dividend growth [DG] stocks, seven are closed-end funds, and two are dividend-paying stocks. By convention, only stocks with five-year or longer dividend increase streaks are considered DG stocks.

Oracle Dividend Increase

On 10 March, Oracle (ORCL) increased its dividend by 25%, from 40¢ to 50¢ per share.

 
The dividend is payable on 23 April to shareholders of record on 10 April. 

ORCL's forward yield is 1.39% at $143.70 per share.

Applied Materials Dividend Increase

On 10 March, Applied Materials (AMAT) increased its dividend by 15%, from 40¢ to 46¢ per share.

 
The dividend is payable on 12 June to shareholders of record on 22 May. 

AMAT's forward yield is 1.25% at $146.79 per share.

General Dynamics Increase

On 5 March, General Dynamics (GD) increased its dividend by 5.63%, from $1.42 to $1.50 per share.

 
The dividend is payable on 9 May to shareholders of record on 11 April. 

GD's contribution to DivGro's projected annual dividend income will increase by $20.80 to $390.

The Dividend Aristocrats Ranked By Quality Scores: March 2025

The S&P 500 Dividend Aristocrats Index contains 69 dividend growth stocks, which are called the Dividend Aristocrats. With a few exceptions, the Dividend Aristocrats are S&P 500 companies that have paid higher dividends every year for 25 or more years. 

In this article, I rank the Dividend Aristocrats by quality scores, categorizing them into undervalued and overvalued stocks.

I consider stocks undervalued if they pass two valuation screens.

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.