Top Dividend Raises For May 2018

Dividend growth investing is a popular model followed by the investing community to build assets. Companies which not only pay dividends, but raise them year after year have been shown to perform better overall for investor returns.
As part of my due diligence, I closely monitor all companies that raise dividends (or cut them) and this article shares the dividend amount changes announced by companies.
Note that only companies with a market cap of $2B+ are included, as the list of small/micro cap companies is too long to include here.
May 2018 dividend raises and cuts can be found here. For the curious, dividend raises and cuts for each month starting January 2016 can be found here.
May was another great month for dividend raises, as corporations lay out their plans for the year ahead and start sending more cash towards shareholders. Dividend raises were noted from companies such as: Apple Inc (AAPL), Kirkland Lake Gold (KL), FactSet Research (FDS), Phillips 66 (PSX), Cardinal Health (CAH), Penske Automotive Group (PAG), Telus Corp (TU), Canadian Pacific Railway (CP), Leggett & Platt (LEG), Open Text (OTEX), Southwest Airlines (LUV), Tiffany & Co (TIF), Bank of Montreal (BMO) and many more.
The following lists the highest raises and cuts from the month of Apr 2018.
The Dividend Raises Lam Research Corp (LRCX) Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of... Read more