Dividend Increases Expected In August 2020

Seeking AlphaDividend Quick PicksDividend Increases Expected In August 2020Aug. 7, 2020 10:01 AM ET|| Includes: AWK, CMI, DOV, FRT, GWW, ITW, K, MO, NDSN, NSC, SJM, SMG, SWK, WBAby: Dividend DiplomatsDividend Diplomats Large-cap, dividend investing, dividend growth investing, valueDividend Diplomats .cls-1{fill:#024999;}SummaryFrom a broader economic standpoint, the coronavirus and the impact of increasing cases continue to dominate the news cycle.
The second quarter GDP results were released and it was eye opening to see GDP shrink by over 30% in a given quarter. It just goes to show just how unprecedented these times truly are.
Still, the stock market continued to climb, as usual, for many of the same reasons it has over the last few months.
Dividend Increases are the foundation of our plan to achieve financial freedom. We are looking to build a growing, passive income stream using dividends! The key word in the previous sentence is growing. That is why the two of us are always monitoring our companies to see if they announce a dividend increase. Each month, we share this passion with all of you and write an article summarizing the previous month's dividend increases and projecting the announcements in the next month. Here is the August installment of the "Dividend Increases Expected" series.

Dividend News and Analysis - July 2020
July turned out to be an exciting month of dividend increases, and broader stock market, after all! The dividend news, as you will read, has me thinking "Dividend Increases are back!" for certain sectors of the economy. From a broader economic standpoint, the coronavirus and the impact of increasing cases continue to dominate the news cycle. The second quarter GDP results were released and it was eye opening to see GDP shrink by over 30% in a given quarter. It just goes to show just how unprecedented these times truly are.
Still, the stock market continued to climb, as usual, for many of the same reasons it has over the... Read more