Dividend-News

Daily dividend news for investors in dividend stocks


8 Dividend Increases: August 6-10, 2018

Published Tue, 14 Aug 2018 05:21:53 -0400 on Seeking Alpha

I monitor dividend increases for stocks on my watch list of dividend growth stocks to identify candidates for further analysis. Companies that regularly increase dividends show confidence in the potential growth of future earnings.
I use the CCC List as a starting point and apply the following screens:
Market cap ≥ $500 million No stocks that are being acquired No Over-The-Counter or Pink Sheet stocks Dividend Yield ≥ 1.5% for Challengers Dividend Yield ≥ 1.0% for Contenders and Champions In the past week, eight companies announcing dividend increases passed these screens. The following table provides a summary of these increases.
The table is sorted by the percentage increase, %Incr. Dividends are annualized and in US$, unless otherwise indicated. Yield is the new dividend yield for the market close Price on the date listed. Yrs are years of consecutive dividend increases, while 5-yr DGR is the compound annual growth rate of the dividend over a 5-year period. 1-yr %Incr is the percentage increase from the year-ago dividend. (Some companies increase their dividends more than once a year, so this puts the most recent dividend increase in context).
Summary of Dividend Increases: August 6-10, 2018

Previous Post: 18 Dividend Increases: July 30-August 3, 2018

Broadridge Financial Solutions (BR)
BR provides investor communications and technology-driven solutions for the financial services industry in the United States, Canada, the United... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
MAIN STREET CAPITAL 43.19   16.8 2.57 2.46 5.82
MANULIFE FINANCIAL 16.74   7.8 2.16 0.76 4.53
PROVIDENT FINANCIAL SERVICES 23.71   12.2 1.95 0.92 3.98
WALGREENS BOOTS ALLIANCE 50.48   9.9 5.10 1.83 3.49
UNITED PARCEL SERVICE 115.30   21.1 5.47 3.84 3.37
CUMMINS 149.25   9.1 16.38 5.24 3.16
JOHNSON & JOHNSON 131.36   21.8 6.03 3.80 2.92
J2 GLOBAL COMMUNICATIONS 82.64   27.9 2.96 1.82 2.26
AFLAC 52.65   12.8 4.10 1.08 2.11
SCOTTS MIRACLE-GRO 111.16   17.0 6.56 2.32 2.03
RITCHIE BROTHERS AUCTIONEERS 38.84   32.6 1.19 0.80 1.88
TJX 51.39   21.0 2.44 0.92 1.79
MICROCHIP TECH 88.38   59.7 1.48 1.46 1.68
BROADRIDGE FINANCIAL SOLUTIONS 128.22   31.6 4.06 2.16 1.54
MICROSOFT 136.13   26.8 5.07 1.84 1.37
BADGER METER 53.01   42.4 1.25 0.68 1.13
STERIS 152.74   41.0 3.73 1.48 0.90

MAIN STREET CAPITAL - MAIN
MAIN STREET CAPITAL - MAIN  


Older articles featuring Main Street Capital (MAIN):
Dividend Challenger Highlights: Week Of August 11
Still Waiting For A Dividend Increase From Oaktree
9.4% Yield Driven By 14 Consecutive Dividend Hikes And Still Growing: Capital Southwest
The Retiree's Dividend Portfolio - John's June Update: Why We Dropped Boeing
Ares Capital's Dividend Sustainability Through The First Half Of 2020 (Includes Special Periodic Dividend Projection)
Assessing Risk: Retirement Portfolio Using BDCs Yielding 10%+
My Dividend Growth Portfolio At The Half Year Mark
Retirement Income: 5 Monthly Dividend Stocks Paying up to 18.2%
2019 Half Year 10% Yield Update; Truth Behind High-Yield Is Revealed
Building A Retirement Portfolio With BDCs Currently Yielding 10.6%

More