Dividend-News

Daily dividend news for investors in dividend stocks


Dividend Changes: September 5-11, 2020

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