Dividend Champions For November 2017
The Dividend Champions spreadsheet and PDF have been updated through 10/31/17 and are available at The DRiP Investing Resource Center - DRiP Information, Tools, And Forms. Note that all references to Champions mean companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; and Challengers have streaks of 5-9 years. "CCC" refers to the universe of Champions, Contenders, and Challengers.
Dividend Spooktacular As expected, the fourth quarter began with dozens of increases in the CCC “universe,” and opposing forces expanded and contracted the field, which is still on track to close the year with over 800 companies. The annual “freezin’ season” was largely offset by newly added Challengers, so I remain confident that the number of CCC companies will hold above 800 before moving higher in the Spring of 2018.
After the CCC universe fell to 816 in September, that number slipped to 814 in October, which featured 11 new Challengers, 13 deletions, and two promotions. The Near-Challengers listing again picked up 11 "NEW" notations (in Appendix B on the Notes tab), but the number of Near-Challengers fell from 103 to 101, well below the record of 281 companies in September 2014. After September's action saw the average price of CCC stocks soar by $2.58, that figure rose by another 68¢ in October, while the average "age" of the dividend streaks jumped from 13.7 years to... Read more