9 Dividend Increases: May 22-26, 2017
Monitoring dividend increases for stocks on my watch list helps me identify candidates for further analysis. Companies that regularly raise their dividend payments show confidence in future earnings growth potential. This week, 9 companies on my watch list announced dividend increases. The following table presents a summary.
The table is sorted by 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. 1-yr %Incr is the percentage increase from the year-ago dividend. (Some companies increase their dividends more than once a year, so this puts the most recent dividend increase in context).
Summary of Dividend Increases: May 22-26, 2017
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• Tiffany & Company (NYSE: TIF) TIF is a holding company founded in 1837 and headquartered in New York, New York. Through its subsidiaries, the company designs, manufactures, and retails jewelry worldwide. It also sells timepieces, leather goods, sterling silverware, china, crystal, stationery, fragrances, and accessories. TIF produces jewelry in New York, Rhode Island and Kentucky, and silver hollowware in Rhode Island.
On May 25, the board of directors declared a quarterly dividend of 50¢ per share. The new dividend... Read more