5 Dividend Increases For The Week Of August 23rd With 1 Dividend King

Seeking AlphaDividend Quick Picks5 Dividend Increases For The Week Of August 23rd With 1 Dividend KingAug. 20, 2020 9:58 AM ET|| Includes: BMI, DOV, RBA, SMG, STEby: Dividend DerekDividend Derek Dividend growth investing, long only, long-term horizon, dividend investingCustom Stock Alerts.cls-1{fill:#024999;}SummaryAll stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List.
Five increases for next week (up from four eight last week).
An average increase of 6.38% and a median increase of 6.90%. Scotts Miracle-Gro also has a special $5/share special dividend coming.
Dividend King Dover Corporation extends its 64+ year streak of annual increases.
This article series is designed to keep investors informed of upcoming dividend increases. Any company can increase its dividend, but these companies have a history of annual increases. For dividend growth investors, this can be an opportunity to start or add to positions prior to a new increased payout. This can be especially important for retirees who live on dividend checks.
The lists I've compiled provide various stats for the stocks that are increasing their dividends next week.
This list is a trimmed-down version only covering dividend increases. A full upcoming dividend calendar is always available here. If you know how this was built and the caveats, feel free to jump down to the lists themselves.
How It's Assembled
The information presented below was created by combining the "U.S. Dividend Champions" spreadsheet hosted here with upcoming dividend information from Nasdaq. This meshes metrics about companies with dividend growth history with upcoming dividend payments (and whether those payments are increasing). These companies all have a minimum five-year dividend growth history.
As a point of clarification, companies are included that may not raise their dividend every calendar year, but the total annual dividend received will still be... Read more