Dividend Changes: July 11-17, 2020

Seeking AlphaDividend Quick PicksDividend Changes: July 11-17, 2020Jul. 22, 2020 11:14 AM ET|| Includes: CVLY, LAND, MGEE, MMC, MS, NNN, PPG, SWK, WFCby: FerdiSFerdiS Dividend growth investing, portfolio strategy, long-term horizon, valueDivGro.cls-1{fill:#024999;}SummaryThis article series provides a weekly summary of dividend changes, including dividend increases and dividend cuts or suspensions.
A summary table provides relevant data and key statistics of dividend increases.
We include a table of ex-dividend dates for the next two weeks, and we highlight an interesting candidate.

We monitor dividend increases for stocks using [Dividend Radar], a weekly automatically generated spreadsheet listing stocks with dividend streaks of five years or more. The Dividend Radar spreadsheet separates stocks into categories based on the length of the streak: Champions (25+ years), Contenders (10- 24 years), and Challengers (5-9 years).
This past week, six companies in Dividend Radar announced dividend increases and two companies announced dividend cuts. The table below presents a summary of the 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$, 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 DGR) indicates the percentage increase from the year-ago dividend.
Summary of Dividend Increases: July 11-17, 2020

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Source: Created by the authors from data in Dividend Radar
The following dividend increase data are sorted alphabetically by ticker.
Company descriptions are the author's summary of... Read more