Dividend Increases: April 4-17, 2020

This article provides a summary of dividend increases announced in the last two weeks.
A summary table provides relevant data and key statistics.
As a bonus, I include ex-dividend dates for the next two weeks.

I monitor dividend increases for stocks in the Dividend Champions List (CCC list).
The CCC list is separated into three categories based on how long companies have maintained their streak of annually increasing dividends: Champions (25+ years), Contenders (10-24 years), and Challengers (5-9 years).
In the past two weeks, eight companies in the CCC list announced dividend increases, including three of the stocks I own. The table below presents a summary.
The table is sorted into sections for Champions, Contenders, and Challengers, and then by the 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.
Some companies increase their dividends more than once a year, so the last column (1-yr %Incr) indicates the percentage increase from the year-ago dividend.
Summary of Dividend Increases: April 4-17, 2020

Previous Post: Dividend Increases: March 28-April 3, 2020

The following dividend increase data are sorted alphabetically by ticker.
Costco Wholesale (COST)
Founded in 1976 and based in Issaquah, Washington, COST operates more than 700 membership warehouses in the United States and internationally. The company offers branded and private-label products in a range of merchandise categories. COST also operates gas stations, pharmacies, food courts, optical dispensing centers, photo processing centers, and hearing-aid centers, and engages in the travel business.
On April 15, COST declared a quarterly dividend of 70ยข per share. This is an increase of 7.7% from the... Read more