Dividend Increases Expected In July 2020

Seeking AlphaDividend Increases Expected In July 2020Jul. 1, 2020 9:41 AM ET|| Includes: CMI, ED, K, KR, NSC, O, PFE, SBUX, SJM, SWK, T, TGT, WBAby: Dividend DiplomatsDividend Diplomats Large-cap, dividend investing, dividend growth investing, valueDividend Diplomats .cls-1{fill:#024999;}SummaryDespite the economies starting to reopen, the stock market was mixed.
If things turn sour quickly in July, we could experience another wave of dividend cut.
After the Great Recession, it is nice to see a proactive, prudent approach is being taken to ensure the strength of the country's financial sector during uncertain times.
Dividend increases are the name of the game. We invest in dividend growth stocks to earn a GROWING dividend income stream. That is why the two of us are constantly monitoring our portfolios, and potential investments, to see which companies will increase their dividend. Every month, we share some dividend news and discuss the major dividend announcements that are expected to come. Read more to see the expected dividend increases in July.
Dividend News & Analysis - June 2020 June was interesting. Despite the economies starting to reopen, the stock market was mixed. The market did not have the same endless, green trajectory similar to April and May. A few weeks were positive and a few were negative. Towards the end of the month, coronavirus cases began to spike once again. Still, despite that, the market trended positive for the month. The next few weeks will be critical to assess the long-term ramifications this spike may have on the nation, economy, and the stock market for the rest of the year.
From a dividend investing standpoint, the potential ramifications will be huge. We already know the severity of the dividend cuts that occurred in March, April, and May. The cuts have been devastating for our, and countless others, dividend income. If things turn sour quickly in July, we could experience another wave of dividend cut.
The most... Read more