Dividend Changes: October 10-16, 2020
Seeking AlphaDividend Quick PicksDividend Changes: October 10-16, 2020Oct. 21, 2020 12:52 AM ET|| Includes: AOS, CMI, IDA, LAND, MS, VFC, WSMby: FerdiSFerdiS Dividend Growth Investing, portfolio strategy, long-term horizon, ValueDiv Gro.cls-1{fill:#024999;}SummaryIn this article series, we provide 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 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 declared dividend increases, including one of the stocks I own. The following table presents a summary. The table below presents a summary of these dividend increases.
Please note that no dividend cuts or suspensions were announced for Dividend Radar stocks last week.
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 dividend's compound annual growth rate 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: October 10-16, 2020
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