Defense Companies General Dynamics And Raytheon Expected To Announce Dividend Increases In March
Published Mar 2, 2020 on Seeking Alpha

Four companies, including Analog Devices, TJX Companies, and Sherwin-Williams, announced 10%+ increases in the latter half of February.
March will be a quiet month for dividend growth stocks with only a few companies announcing annual increases.
Among them will be two aerospace and defense companies, along with home goods company Williams-Sonoma.
Those of you who follow this series of articles know that I track the dividend increases of a variety of long-term dividend growth companies. Back in the middle of February, I provided predictions for 14 long-term dividend growth companies that have historically announced annual payout increases in the second half of the month.
In addition to the companies that I provided predictions for, there were other companies that announced dividend increases in the second half of February:
- Drug manufacturer Perrigo (PRGO) announced its 17th year of dividend growth, increasing its annual payout by 7% to $0.90. Perrigo now sports a forward yield of 1.8%.
- Xcel Energy (XEL) announced a 6% increase to $1.72 and now has a forward yield of 2.8%. The utility has grown dividends for 16 years.
- Also extending its streak to 16 years was Waste Management (WM). The company's 6% increase to $2.18 gives it a forward yield of 2.0%.
- Healthcare REIT National Health Investors (NHI) announced a 5% increase to $4.41. National Health extended its dividend growth history to 17 years and now has a forward yield of 5.4%.
There were many other companies that announced dividend increases during the latter half of February. Seeking Alpha author FerdiS provides a rundown in his articles.
Before I provide my predictions for March, we'll take a look at how well I did with my predictions from the second half of February (you can see the original article here):
(All yields are based on stock prices at the market close on Friday, February 28th.)
Results for the 14 Dividend Increase Predictions from the Second Half of... Read more