6 High Yield Dividend Aristocrats Dividend Increases In August And My Predictions For The 2 In September

As part of my research into dividend growth stocks, I track the dividend payouts for the components of the S&P High Yield Dividend Aristocrats Index. This index consists of stocks that are part of the S&P 1500 index - that's the combination of the S&P 500, S&P Mid Cap 400 and the S&P Small Cap 600 indices - that have increased their regular dividends each year for the last 20 years.
It'll be slow in September, with only 2 members of the High Yield Dividend Aristocrats Index announcing annual dividend increases. Before I give you those predictions, let's take a look at how my predictions at the end of July did.
August saw 6 members of the High Yield Dividend Aristocrats Index announce their annual dividend increase. In addition to those 6 companies, I expected West Pharmaceutical Services (NYSE: WST) to increase its dividend payout. Unfortunately, that didn't happen and West Pharma continues to defer its annual dividend increase. I'll continue to carry forward my prediction.
Here's how my predictions did from August:
Carlisle Companies (NYSE: CSL)
Prediction: 15.0 - 21.7% increase to $1.38 - $1.46
Actual: 16.7% increase to $1.40
Forward yield: 1.34%
Carlisle's dividend increase - its 40th annual increase - is being powered by outstanding earnings growth this year. Over the first half of the year, Carlisle has seen a 38% increase in year-over-year earnings per share. This is the 4th straight year of... Read more