Two 10%+ Dividend Increases Expected In The First Half Of February

My regular followers know that I track the dividend increases of a variety of long-term dividend growth companies. Among the stocks that I track, I expect 15 of them to announce increases in the first half of February. Before I give you my predictions for these increases, let's take a look at how well I did with my January predictions.
I had expected 13 companies to announce increases. One of the companies deferred their announcement to early February. Of the remaining 12, I accurately predicted 6, underestimated 4 and overestimated 2 of them based on their recent growth histories. You can see the original article here.
I did miss two dividend increases in January. Monthly dividend payer Realty Income (NYSE: O) increased its annual payout by 4.0% to $2.53 and consumer products manufacturer Kimberly-Clark (NYSE: KMB) announced its 45th year of dividend growth, by 5.4% to an annualized $3.88.
Normally, I would wait until the end of the month to release my predictions. However, because there are so many companies that I track that will announce increases (29 in total), I decided to break the predictions up into two separate articles. This article will cover the increases expected in the first half of February. Before I get to my predictions for the first half of February, here's the summaries of the 12 companies that announced increases in January:
A. O. Smith Corporation (NYSE: AOS)
Prediction: 12.5 - 20.8% increase to $0.27 - $0.29
Actual: 16.7% increase... Read more