Dividend-News

Daily dividend news for investors in dividend stocks


Defense Firms General Dynamics And Raytheon Among A Light Month Of Dividend Increases In March

Published Sun, 03 Mar 2019 16:21:46 -0500 on Seeking Alpha

Those of you who follow this series of articles know that I track the dividend increases of a variety of long-term dividend growth companies. Back in the middle of February, I provided predictions for 11 dividend growth companies that have historically announced annual payout increases in the second half of February.
Of those 11 companies, one - Ross Stores (Nasdaq: ROST) - deferred its announcement to March. But in addition to the 10 companies that did announce increases, there were three other dividend growth companies that also announced their annual dividend increases. Coca-Cola (KO) announced a 2.6% increase to an annualized rate of $1.60, giving the company a forward yield of 3.53%. Best Buy (BBY) – which I expected to announce in March – moved its announcement forward and raised its dividend by 11.1% to an annualized $2.00. Best Buy now yields 2.95%. Finally, The Home Depot (HD) announced a whopping 32% increase in its dividend to increase its forward yield to 2.94%. Home Depot’s annual dividend is now $5.44 a share.
Let’s take a look at how well I did with my predictions from the second half of February before we go to my predictions for March (you can see the article with the original predictions here):
(Note: all yields are based on stock prices at the market close on Friday, March 1st.)
Results for 11 Dividend Increase Predictions from the Second Half of February
Analog Devices (ADI)
Prediction: 6.3 – 8.3% increase to $2.04 - $2.08
... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
QUALCOMM 56.60   35.8 1.58 2.48 4.48
OLD REPUBLIC INTERNATIONAL 21.00   17.1 1.23 0.80 3.85
COCA-COLA 45.30   30.2 1.50 1.60 3.38
HOME DEPOT 182.23   18.7 9.73 5.44 3.00
GENUINE PARTS 107.05   19.5 5.50 3.05 2.85
BEST BUY 69.63   13.2 5.26 2.00 2.63
ESSEX PROPERTY TRUST 289.40   49.0 5.90 7.80 2.57
COLGATE PALMOLIVE 67.20   24.4 2.75 1.68 2.53
MCGRATH RENTCORP 57.83   17.8 3.24 1.50 2.38
CHUBB 136.35   16.1 8.46 2.92 2.17
GENERAL DYNAMICS 169.79   15.2 11.19 4.08 2.17
WAL-MART STORES 98.42   43.2 2.28 2.12 2.10
ANALOG DEVICES 109.39   26.0 4.21 2.16 2.00
TELEPHONE & DATA SYSTEMS 31.70   27.1 1.17 0.66 2.00
RAYTHEON 177.95   17.5 10.15 3.47 1.91
ALBEMARLE 85.42   13.5 6.32 1.47 1.55
TJX 51.77   21.2 2.44 0.78 1.49
ROSS STORES 89.90   21.1 4.26 1.02 0.99

QUALCOMM - QCOM
QUALCOMM - QCOM  


Older articles featuring Qualcomm (QCOM):
100 Dividend Achievers Flaunt March Yields, Gains, And Upsides
The Best Dividend Stocks To Buy In A Slowing Economy
Your 55 March Quarter NASDAQ Dividend Dogs By Yield, Upside And Net Gains
The Best Dividend Stocks To Buy In March
Here's 68 Top S&P 500 Stocks For Yield, Gains & Upside In March
The Best Dividend Stocks To Buy Ahead Of A Trade Deal
The Best Dividend Stocks For New Money Today
Dividend Cut, What Do I Do?
The Best Dividend Stocks You Can Buy Today
Here Are 50 Top S&P 500 Stocks For Yield, Gains, And Upside In February

More