Daily dividend news for investors in dividend stocks
Published Tue, 15 Sep 2020 19:59:35 -0400 on Seeking Alpha
Seeking AlphaDividend Quick PicksDividend Changes: September 5-11, 2020Sep. 15, 2020 7:59 PM ET|| Includes: AMT, BHLB, PM, WUby: FerdiSFerdiS Dividend Growth Investing, portfolio strategy, long-term horizon, ValueDiv Gro.cls-1{fill:#024999;}SummaryThis article series provides a weekly summary of dividend changes.
A summary table provides relevant data and key statistics of dividend increases.
We include a table of ex-dividend dates for the next two weeks, and we highlight an interesting candidate.
This article was co-produced with James Marino Sr. of Portfolio Insight.
We monitor dividend increases for stocks using [Dividend Radar], a weekly automatically generated spreadsheet listing stocks with dividend streaks of five years or more. The Dividend Radar spreadsheet separates stocks into categories based on the length of the streak: Champions (25+ years), Contenders (10- 24 years), and Challengers (5-9 years).
Recently, two companies in Dividend Radar announced dividend increases and one company announced a dividend cut.
The following table presents a summary of the dividend increases.
The table is sorted into sections for Champions, Contenders, and Challengers, and then 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.
Some companies increase their dividends more than once a year, so the last column (1-yr DGR) indicates the percentage increase from the year-ago dividend.
Summary of Dividend Increases: September 5-11, 2020
Previous Post: Dividend Changes: August 29-September 4, 2020
Source: Created by the authors from data in Dividend Radar. The following dividend increase data are sorted alphabetically by ticker.
Company descriptions are the author's... 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 | |||||||
WESTERN UNION | 23.76 | 8.6 | 2.75 | 0.80 | 3.45 | |||||||
BERKSHIRE HILLS BANCORP | 31.56 | 15.5 | 2.04 | 0.92 | 2.99 | |||||||
AMERICAN TOWER | 218.85 | 66.3 | 3.30 | 3.68 | 1.70 |