Dividend Changes: August 22-28, 2020

Seeking AlphaDividend Quick PicksDividend Changes: August 22-28, 2020Sep. 2, 2020 9:30 AM ET|| Includes: BANF, EGP, INTU, LCII, LRCX, NRIM, SLGNby: FerdiSFerdiS Dividend Growth Investing, portfolio strategy, long-term horizon, ValueDivGro.cls-1{fill:#024999;}SummaryThis article series provides a weekly summary of dividend changes.
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.
This article was co-produced with James Marino Sr. of Portfolio Insight.

We monitor dividend announcements of stocks in 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).
In the past week, six companies in Dividend Radar decided to increase their dividends. There were no announcements of dividend cuts or suspensions.
The following table 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: August 22-28, 2020

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Source: Created by the authors from data in Dividend Radar.
The following dividend increase data are sorted alphabetically by... Read more