FORWARD DIVIDENDS

Forward Dividends

2018 Dividends

Progress to FI

Thursday, November 9, 2017

10-Year Dividend Growers with dividend increase (Nov 06 - Nov 10)


One way to identify dividend growth stocks is to look for dividend increases. Companies that pay rising dividends are likely to be financially healthy and generate consistent cash flow. I am interested in stocks with at least ten consecutive years of increasing annual regular dividend payments. Here is a list of such companies that increased their dividends last week.








Automatic Data Processing (ADP), +10.53% dividend increase

Automatic Data Processing has declared quarterly dividend of $0.63(+10.53% increase). It goes ex-dividend on 12/7/2017 and is payable on 1/1/2018. Annualized dividend is $2.28 at a yield of 2.03%.


Atmos Energy Corporation (ATO), +8.89% dividend increase

Atmos Energy Corporation has declared quarterly dividend of $0.49(+8.89% increase). It goes ex-dividend on 11/24/2017 and is payable on 12/11/2017. Annualized dividend is $1.80 at a yield of 2.02%.


Universal Corporation (UVV), +1.85% dividend increase

Universal Corporation has declared quarterly dividend of $0.55(+1.85% increase). It goes ex-dividend on 1/5/2018 and is payable on 2/5/2018. Annualized dividend is $2.16 at a yield of 3.94%.


AmerisourceBergen Corporation (Holding Co) (ABC), +2.7% dividend increase

AmerisourceBergen Corporation (Holding Co) has declared quarterly dividend of $0.38(+2.7% increase). It goes ex-dividend on 11/17/2017 and is payable on 12/4/2017. Annualized dividend is $1.46 at a yield of 1.94%.


10-Year Dividend Growers with dividend increase (Oct 30 - Nov 03)








12 comments:

  1. Geek, ADP is one of my favorite stocks and I was very pleased with their dividend increase. They have been a steady and solid performer over the years. Tom

    ReplyDelete
    Replies
    1. Yes, great stock. I was hoping to initiate a position in ADP.

      Delete
  2. ABC and ADP look interesting. Both are solid long time dividend raisers. Unfortunately I don't hold any of the names mentioned above. Thanks for compiling.

    ReplyDelete
    Replies
    1. Any particular reason you don't own ADP?

      Delete
    2. I haven't really looked into that stock in earnest. I guess it's in a sector that I don't find that interesting though I know they handle a lot of the payroll out there.

      Delete
  3. I will just throw out on ADP, that they benefit from rising interest rates since they are able to invest their clients payroll funds on a short term basis. ADP and its competitor PAYX are good holdings to benefit from rising interest rates and can help diversify an otherwise interest rate sensitive dividend stock portfolio. Insurance companies also provide this type of diversification. Keith wrote about insurance companies a few months back on DivHut. Tom

    ReplyDelete
    Replies
    1. "since they are able to invest their clients payroll funds on a short term basis." ==> WOW! really? I guess higher interest will improve their earning.

      Delete
  4. I like ADP and wouldn't mind adding it to my portfolio. But I haven't seen any dips for a buying opportunity. And the shares are sitting comfortably above $100 which is a little pricey when you don't have a lot of free capital to spend. Great list, thanks for sharing.

    ReplyDelete
    Replies
    1. True :-) Holding all stocks is impossible. That is why I ended up owning VIG

      Delete
  5. Geek, unfortunately I don't own any of those particular stocks, but I do like owning dividend stocks for that very reason: you get the benefit of increase in dividends over and over again. Companies that have increased their dividends for the past ten years are generally more likely to keep increasing their dividends. In fact, they may very well be on their way to dividend aristocrat status.

    ReplyDelete
    Replies
    1. It's a matter of time before you start holding these stocks. As we grow our portfolio we will definitely be adding more diversified stocks. Thanks for swinging by mate.

      Delete