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. Here is a list of US and Canadian companies that increased their dividends this week.
US Dividend Increases
Spectra Energy Partners, L.P. (SEP) , +1.72% dividend increase
Spectra Energy Partners, L.P. through its subsidiaries and equity affiliates, is engaged in the transmission, storage and gathering of natural gas, the transportation and storage of crude oil, and the transportation of natural gas liquids.
Spectra Energy Partners, L.P. has declared quarterly dividend of $0.7388 (+1.7212% increase). It goes ex-dividend on 02-16-2018 and is payable on 02-28-2018. Annualized dividend is $2.955 at a yield of 7.1985%. It has 11 years of consecutive dividend increase.
RenaissanceRe Holdings Ltd. (RNR) , +3.13% dividend increase
RenaissanceRe Holdings Ltd. provides reinsurance and insurance coverage and related services to a range of customers.
RenaissanceRe Holdings Ltd. has declared quarterly dividend of $0.3300 (+3.1250% increase). It goes ex-dividend on 03-14-2018 and is payable on 03-29-2018. Annualized dividend is $1.32 at a yield of 1.0325%. It has 13 years of consecutive dividend increase.
Archer-Daniels-Midland Company (ADM) , +4.69% dividend increase
Archer-Daniels-Midland Company is a processor of oilseeds, corn, wheat, cocoa and other agricultural commodities.
Archer-Daniels-Midland Company has declared quarterly dividend of $0.3350 (+4.6875% increase). It goes ex-dividend on 02-16-2018 and is payable on 03-13-2018. Annualized dividend is $1.34 at a yield of 3.2406%. It has 42 years of consecutive dividend increase.
Church & Dwight Co., Inc. (CHD) , +14.47% dividend increase
Church & Dwight Co., Inc. develops, manufactures and markets a range of household, personal care and specialty products.
Church & Dwight Co., Inc. has declared quarterly dividend of $0.2175 (+14.4737% increase). It goes ex-dividend on 02-14-2018 and is payable on 03-01-2018. Annualized dividend is $0.87 at a yield of 1.8362%. It has 12 years of consecutive dividend increase.
Canadian Dividend Increases
BCE Inc (BCE) , +5.23% dividend increase
BCE Inc has declared quarterly dividend of C$0.7550 (+5.2265% increase). It goes ex-dividend on 03-14-2018 and is payable on 04-15-2018. Annualized dividend is C$3.02 at a yield of 5.3708%.
Manulife Financial Corporation (MFC) , +7.32% dividend increase
Manulife Financial Corporation has declared quarterly dividend of C$0.2200 (+7.3171% increase). It goes ex-dividend on 02-20-2018 and is payable on 03-19-2018. Annualized dividend is C$0.88 at a yield of 3.5074%.
Suncor Energy Inc (SU) , +12.5% dividend increase
Suncor Energy Inc has declared quarterly dividend of C$0.3600 (+12.5000% increase). It goes ex-dividend on 03-02-2018 and is payable on 03-26-2018. Annualized dividend is C$1.44 at a yield of 3.4749%.
Firstservice Corporation (FSV) , +10.2% dividend increase
Firstservice Corporation has declared quarterly dividend of C$0.1350 (+10.2041% increase). It goes ex-dividend on 03-28-2018 and is payable on 04-06-2018. Annualized dividend is C$0.54 at a yield of 0.6472%.
Nice list, I did look at buying some ADM before, but haven't pull the trigger yet. Might consider it in the future. I don't know much about the Canadian market so haven't really invest in any. Keep up the good work.
ReplyDeleteADM looks good. I might wait a little longer. Not sure if we have reached the bottom yet.
DeleteHey Geek, CHD's dividend increases always amaze me. I have looked at the stock several times, but passed due to low yield. My mistake, the yield stays low because the stock keeps going up. Tom
ReplyDeleteThanks Tom. In 10-Years CHD has gone up by 260%. In the same time frame S&P 500 is up by 87%. 1.8362% is not a bad yield. I believe it has both growth and income characteristic ... a true Dividend Growth stock :-)
DeleteGeek -
ReplyDeleteLove the dividend increase articles, keep em coming.
-Lanny
You're welcome. Thanks for swinging by.
DeleteHi DG
ReplyDeleteSolid companies on your list and very nice organic dividend growth which will serve you well when you reinvest that cash and put new funds to work. The compound effect really is your friend.
Keep it up!
Cheers
Hello FS, I don't personally own these stocks. They are just a list of stocks with dividend increases. Thanks for swinging by mate.
DeleteLoving the ADM increase, thanks for sharing!
ReplyDeleteBTW nice frontpage, really aweseom to immediately see your progress towards your goals...
Thanks Robot. It helps reinforce my commitment to FIRE.
DeleteI guess they don't call you Dividendgeek for nothing eh haha
ReplyDeleteLove the detail, keep em coming!
Thanks RML. I come from a numerical methods background, every digit matters :-)
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