Dividend Changes: October 17-23, 2020

Seeking AlphaDividend Quick PicksDividend Changes: October 17-23, 2020Oct. 27, 2020 10:42 AM ET|| Includes: AEP, APH, AVY, BC, BRO, CCI, EVR, GRC, GTY, HCSG, HOMB, HUBB, LECO, MSEX, MWA, NEP, PEBO, PNW, SCL, SXI, TMP, WHRby: 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).
In the past week, 22 companies in Dividend Radar announced dividend increases, including one of the stocks I own. The following table provides a summary.
Please note that there were no dividend cuts or suspensions among 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 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: October 17-23, 2020

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