Daily dividend news for investors in dividend stocks

4 Dividend Increases: September 10-14, 2018

Published Mon, 17 Sep 2018 07:48:36 -0400 on Seeking Alpha

Monitoring dividend increases for stocks on my watch list is one way to identify candidates for further analysis. Companies can only increase their dividends regularly and sustainably if earnings grow sufficiently.
The CCC List provides a good starting point, but I limit the number of stocks to monitor by applying the following screens:
Dividend Yield ≥ 1.0% Market cap ≥ $1 billion No stocks that are being acquired No Over-The-Counter or Pink Sheet stocks In the past week, 4 companies that declared dividend increases passed these screens.
The following table provides a summary of these increases.
The table is sorted by the percentage increase, %Incr. Dividends are annualized and in US$, 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: September 10-14, 2018

Previous Post: 4 Dividend Increases: September 3-7, 2018

New Jersey Resources (NYSE: NJR)
Founded in 1922 and headquartered in Wall, New Jersey, NJR is an energy services holding company that provides regulated gas distribution, and retail and wholesale energy services. It... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
MAIN STREET CAPITAL 41.95   14.5 2.89 2.46 5.81
UMPQUA 16.80   10.4 1.62 0.84 5.09
INGREDION 81.79   14.3 5.73 2.50 3.13
EVERSOURCE ENERGY 76.77   22.8 3.37 2.14 2.77
ILLINOIS TOOL WORKS 150.00   20.0 7.51 4.00 2.61
NEW JERSEY RESOURCES 50.36   34.7 1.45 1.17 2.36
MEDTRONIC 101.34   29.6 3.42 2.16 2.16
CHUBB 148.28   17.6 8.41 3.00 1.99
BRADY 50.50   20.7 2.44 0.85 1.68


Older articles featuring Main Street Capital (MAIN):
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%
'Play Money' High Yield Portfolio Revisited
Prospect Capital's Calendar Year 2019 Dividend And NAV Sustainability Analysis - Part 2 (Includes Per Share Projections)
Buy 90% First Lien TCG BDC At A Sizable Discount To NAV And 9.6% Yield Before It Rallies 20%+
The Retiree's Dividend Portfolio - John's May Update: When It Becomes Hard To Find A Good Deal