Dividend Changes: November 28-December 4, 2020
Seeking AlphaDividend Quick PicksDividend Changes: November 28-December 4, 2020Dec. 7, 2020 9:40 AM ET|| Includes: ADC, AMT, AXS, CHDN, CULP, ECL, EMN, GGG, HOFT, MORN, NUE, OC, PNM, RGCO, SLG, SYK, THG, TTC, UHT, WECby: FerdiSFerdiS Dividend Growth Investing, portfolio strategy, long-term horizon, ValueDiv Gro.cls-1{fill:#024999;}SummaryThis weekly article series covers 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.
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 last week, 20 companies in Dividend Radar declared dividend increases, including one of the stocks I hold in my portfolio. The table below presents a summary of these increases.
There were no announced dividend cuts or suspensions in Dividend Radar 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: November 28-December 4, 2020
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