10 Companies Accelerating Their Dividend Growth
What could be better than finding a company that consistently raises its dividends? Finding a company that is consistently giving its shareholders larger raises! Since year by year dividend growth can vary, I like to use the average growth over a 10 year, 5 year, and 1 year timeframe. I like to see companies whose average dividend growth rate is increasing in each time period, which shows that dividend growth is accelerating. Here are 10 companies that are rewarding shareholders with larger raises over the years. Walgreens (WBA) together with its subsidiaries, operates a drugstore chain in the United States. The company has increased its dividend for 35 consecutive years, and currently yields 1.6%.
Time Frame Dividend Growth Rate
10 year 17.9%
5 year 21.4%
1 year 26%
Abbott Labs (ABT) is engaged in discovery, development, manufacture, and sale of diversified line of healthcare products. It has four segments: Pharmaceutical,... Read more