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6 Dividend Increases Expected In September 2020

Published Sun, 06 Sep 2020 12:56:32 -0400 on Seeking Alpha

Seeking AlphaDividend Quick Picks6 Dividend Increases Expected In September 2020Sep. 6, 2020 12:56 PM ET|| Includes: AXP, DOV, FRT, ITW, LMT, MCD, MSFT, NDSN, PM, VZby: Dividend DiplomatsDividend Diplomats Large-cap, Dividend Investing, Dividend Growth Investing, ValueDividend Diplomats .cls-1{fill:#024999;}SummaryAugust was another exciting month for dividend increases.
Lowe's delivered a nice surprise to frustrated dividend investors.
Foot Locker announced it was reinstating its dividend.
Dividend increases are a major foundation of our financial freedom plan. We are building our dividend income, which is the EASIEST form of passive income, to eventually cover our monthly expenses. A key piece of this strategy is investing in companies that increase their dividend. Why? We want our dividend income stream to grow! Who wants their income to remain stagnant and lose purchasing power!
That is why we are constantly monitoring our dividend stocks for dividend increase announcements. It is a hobby the two of us love and are always discussing with each other. One day, we decided to share this exercise with ALL OF YOU. Therefore, each month, we publish a list of the expected dividend increases in the coming month.
We find our dividend investments using the Dividend Stock Screener. The stock screener uses three simple metrics. The third metric is dividend growth history. Inherently, every investment must have a history of increasing their dividend!
In this article, we will take a deep dive into the wonderful world of dividend increases. The remainder of the article will discuss the following:
Dividend News & Analysis - We will cover major dividend news for the month of August. Actual Dividend Increases in August - We will review the companies featured in August's dividend increase article and analyze their dividend increase announcements. Expected Dividend Increases in September - We will highlight the major dividend increases in September. Dividend... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
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
FEDERAL REALTY INVESTMENT TRUST 135.76   40.4 3.36 4.20 3.00
ILLINOIS TOOL WORKS 159.85   21.5 7.45 4.28 2.54
LOCKHEED MARTIN 386.63   18.8 20.52 8.80 2.31
MCDONALDS 212.15   27.9 7.61 4.64 2.21
DOVER 99.67   24.4 4.08 1.96 2.02
MICROSOFT 137.52   27.1 5.07 1.84 1.35
AMERICAN EXPRESS 119.02   14.8 8.07 1.56 1.33
NORDSON 146.80   26.7 5.50 1.52 1.05