Dividend Changes: May 9-15, 2020

This weekly article series provides a summary of dividend changes.
A summary table provides relevant data and key metrics.
The article includes a section of dividend cuts and suspensions.

I monitor dividend change announcements for stocks listed in Dividend Radar, a weekly auto-generated spreadsheet of stocks with dividend streaks of five years or more. The Dividend Radar spreadsheet separates stocks into categories based on streak length: Champions (25+ years), Contenders (10-24 years), and Challengers (5-9 years).
In the past week, three companies in Dividend Radar announced dividend increases, and four companies announced dividend cuts or suspensions. None of my DivGro holdings announced dividend changes this week.
The following table presents a summary of dividend increases.
The table is sorted into sections for Champions, Contenders, and Challengers, and then by the percentage increase, %Incr. Dividends are annualized and in US$, while Yield is the new dividend yield for the market close Price on the date listed. Yrs is the number of years in the streak, while 5-yr DGR is the trailing compound annual growth rate of the dividend over a five-year period. Some companies increase their dividends more than once a year, so the last column (1-yr DGR) gives an indication of how the dividend has changed in the past year, on a trailing basis.
A new addition to the summary table is an indication of fair value (FV). Green means In the Margin of Safety, while red means Above Fair Value. An unshaded cell means At Fair Value.
Summary of Dividend Increases: May 9-15, 2020

Previous Post: Dividend Increases: May 2-8, 2020

The following dividend increase data are sorted alphabetically by ticker.
Cardinal Health, Inc. (NYSE: CAH)
Founded in 1979 and headquartered in Dublin, Ohio, CAH is a healthcare services company providing pharmaceutical and medical products and services that help pharmacies, hospitals, and other healthcare... Read more