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Tyson Foods To Lead Dividend Announcements In First Half Of November

Published Mon, 02 Nov 2020 15:55:33 -0500 on Seeking Alpha

Seeking AlphaDividend Quick PicksTyson Foods To Lead Dividend Announcements In First Half Of NovemberNov. 2, 2020 3:55 PM ET|| Includes: AAN, ABBV, ADP, AIZ, AOS, ATO, BKH, BRO, CMI, CTAS, DTE, EMR, EV, EVRG, LECO, MCD, MCY, MSEX, PB, RPM, SCL, TSN, UMBF, V, VFC, WSMby: Harvesting DividendsHarvesting Dividends Dividend Growth Investing, long-term horizon, Technical AnalysisHarvesting Dividends.cls-1{fill:#024999;}SummaryIt was a mixed bag for October’s dividend increases, but A. O. Smith surprised with an 8% boost.
Although they didn’t cut the dividend, the decision of investment manager Eaton Vance to skip its annual increase was the biggest disappointment.
Tyson Foods will lead the pack in the first half of November – I’m expecting a boost of between 10 and 14% from the food company.
This is the latest in my series of articles where I provide predictions of annual dividend increases for a variety of long-term dividend growth companies. Back at the end of September, I provided predictions for 12 dividend growth companies that have historically announced annual payout increases in October. Here, at the beginning of November, I provide my predictions for another 9 companies that historically have increased their dividends in the first half of the month.
In addition to the companies for which I provided predictions, there were several others that announced annual dividend increases:
AbbVie (ABBV), which usually makes its annual announcement in February, pulled it forward to late October. The pharmaceutical company will pay an annual dividend of $5.20 beginning next year, an increase of 10%. The company has grown its dividend each year since its spinoff from Abbott Labs and now has a forward yield of 6.11%. Cummings (CMI) announced its 15th year of dividend growth with a 3% increase to $5.40; the company's forward yield is 2.46%. Williams-Sonoma (WSM) also announced its 15th year of dividend growth with a 10% increase to $2.12; the retailer has a... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
ABBVIE 70.83   26.0 2.72 4.28 6.28
MERCURY GENERAL 54.55   15.4 3.53 2.51 4.54
CUMMINS 165.05   10.1 16.38 5.24 3.20
EATON VANCE 46.61   13.7 3.41 1.40 3.09
EMERSON ELECTRIC 64.71   18.4 3.52 1.96 3.02
DTE ENERGY 129.23   21.3 6.07 3.78 2.94
WILLIAMS-SONOMA 67.26   15.4 4.38 1.92 2.77
BLACK HILLS 76.58   20.3 3.77 2.02 2.71
PROSPERITY BANCSHARES 70.40   14.9 4.73 1.64 2.39
MCDONALDS 212.15   27.9 7.61 4.64 2.21
LINCOLN ELECTRIC 88.50   18.1 4.90 1.88 2.15
RPM INTERNATIONAL 68.83   34.1 2.02 1.40 2.07
ASSURANT 125.60   21.6 5.81 2.40 1.94
ATMOS ENERGY 109.44   25.9 4.23 2.10 1.93
ADP 160.41   30.6 5.24 3.16 1.92
VF CORP 90.35   31.6 2.86 1.72 1.91
UMB FINANCIAL 66.08   16.4 4.02 1.20 1.88
TYSON FOODS 83.47   14.0 5.98 1.50 1.84
AO SMITH 51.71   20.8 2.49 0.88 1.77
MIDDLESEX WATER 61.61   30.0 2.05 0.96 1.63
STEPAN 98.17   21.9 4.48 1.00 1.02
BROWN & BROWN 35.96   26.2 1.37 0.32 0.92
CINTAS 246.51   30.9 7.98 2.05 0.82
VISA 177.98   34.2 5.21 1.00 0.57
AARON'S 62.73   21.3 2.95 0.14 0.22

ABBVIE - ABBV
ABBVIE - ABBV  


Older articles featuring Abbvie (ABBV):
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A Dividend Cornucopia Of 39 November Kiplinger/Analyst Favorites
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90 Equity Dividend Boosts Noted November 9th And 16th By Barron's
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