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Expected Dividend Increases In October 2019

Published Fri, 04 Oct 2019 10:48:02 -0400 on Seeking Alpha

Wow, 2019 is almost 75% of the way done. Look at that, look at that! If there is one thing that the year has taught us, it is that time is the most valuable commodity. Maximize your time, that's the name of the game. For us, dividend growth investing is one of the main tools to unlock more time. That is why focusing on dividend increases is part of our daily routine. Each month, we take a look at major dividend paying companies that are set to announce a dividend increase in the coming month. Here are the expected dividend increases in October 2019.

Actual Dividend Increase in September 2019 As always, before looking ahead to October, we have to check the results from last month's article! There are great names that announced dividend increases in September. I am very excited to discuss the actual results with you.
Company #1: Lockheed Martin (NYSE: LMT) - I received the following text from Lanny within minutes of the dividend increase being announced: "LMT announced a 9% dividend increase, BABY!" Let's just say Lanny was pretty excited. And for good reason. That's a great dividend increase for LMT right there.
Company #2: McDonald's Corporation (NYSE: MCD) - This dividend stock is one of my favorite holdings. Hands down. McDonald's has been on a tear over the last few years and the company's modernization efforts continue to pay dividends. Speaking of dividends, these Top 5 Foundation dividend stocks delivered an 8% increase in their quarterly dividend. MCD... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
IRON MOUNTAIN 34.14   28.4 1.20 2.44 7.29
PHILIP MORRIS INTERNATIONAL 74.90   14.9 5.03 4.68 6.12
VERIZON COMM 60.43   15.8 3.83 2.46 4.04
EATON VANCE 46.61   13.7 3.41 1.40 3.09
AMERICAN ELECTRIC POWER 92.02   23.0 4.00 2.68 2.94
LOCKHEED MARTIN 386.63   18.8 20.52 8.80 2.31
MCDONALDS 212.15   27.9 7.61 4.64 2.21
VF CORP 90.35   31.6 2.86 1.72 1.91
MICROSOFT 137.52   27.1 5.07 1.84 1.35
VISA 177.98   34.2 5.21 1.00 0.57


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