Friday, February 23, 2018

Dividend Increases This Week (Feb 19 - Feb 23)


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


Waste Management, Inc. (WM) , +9.41% dividend increase

Waste Management, Inc. has declared quarterly dividend of $0.4650 (+9.4118% increase). It goes ex-dividend on 03-08-2018 and is payable on 03-23-2018. Annualized dividend is $1.86 at a yield of 2.2012%. Waste Management, Inc. has 14 years of consecutive dividend increase.



Genuine Parts Company (GPC) , +6.67% dividend increase

Genuine Parts Company has declared quarterly dividend of $0.7200 (+6.6667% increase). It goes ex-dividend on 03-08-2018 and is payable on 04-02-2018. Annualized dividend is $2.88 at a yield of 3.0991%. Genuine Parts Company has 61 years of consecutive dividend increase.



Walmart Inc. (WMT) , +4.0% dividend increase

Walmart Inc. has declared quarterly dividend of $0.5200 (+4.0000% increase). It goes ex-dividend on 03-08-2018 and is payable on 04-02-2018. Annualized dividend is $2.08 at a yield of 2.2421%. Walmart Inc. has 43 years of consecutive dividend increase.



Essex Property Trust, Inc. (ESS) , +6.29% dividend increase

Essex Property Trust, Inc. has declared quarterly dividend of $1.8600 (+6.2857% increase). It goes ex-dividend on 03-28-2018 and is payable on 04-16-2018. Annualized dividend is $7.44 at a yield of 3.3576%. Essex Property Trust, Inc. has 24 years of consecutive dividend increase.



Xcel Energy Inc. (XEL) , +5.56% dividend increase

Xcel Energy Inc. has declared quarterly dividend of $0.3800 (+5.5556% increase). It goes ex-dividend on 03-14-2018 and is payable on 04-20-2018. Annualized dividend is $1.52 at a yield of 3.4854%. Xcel Energy Inc. has 14 years of consecutive dividend increase.



Old Republic International (ORI) , +2.63% dividend increase

Old Republic International has declared quarterly dividend of $0.1950 (+2.6316% increase). It goes ex-dividend on 03-02-2018 and is payable on 03-15-2018. Annualized dividend is $0.78 at a yield of 3.8614%. Old Republic International has 36 years of consecutive dividend increase.



Albemarle Corporation (ALB) , +4.69% dividend increase

Albemarle Corporation has declared quarterly dividend of $0.3350 (+4.6875% increase). It goes ex-dividend on 03-14-2018 and is payable on 04-02-2018. Annualized dividend is $1.34 at a yield of 1.1787%. Albemarle Corporation has 14 years of consecutive dividend increase.



Canadian Dividend Increases


Goeasy Ltd (GSY) , +25.0% dividend increase

Goeasy Ltd has declared quarterly dividend of C$0.2250 (+25.0000% increase). It goes ex-dividend on 03-28-2018 and is payable on 04-13-2018. Annualized dividend is C$0.9 at a yield of 2.3597%.



Magna International Inc. (MG) , +20.0% dividend increase

Magna International Inc. has declared quarterly dividend of C$0.3300 (+20.0000% increase). It goes ex-dividend on 03-08-2018 and is payable on 03-23-2018. Annualized dividend is C$1.32 at a yield of 1.8511%.



Stantec Inc. (STN) , +10.0% dividend increase

Stantec Inc. has declared quarterly dividend of C$0.1375 (+10.0000% increase). It goes ex-dividend on 03-28-2018 and is payable on 04-12-2018. Annualized dividend is C$0.55 at a yield of 1.6866%.



Canadian Imperial Bank of Commerce (CM) , +2.31% dividend increase

Canadian Imperial Bank of Commerce has declared quarterly dividend of C$1.3300 (+2.3077% increase). It goes ex-dividend on 03-27-2018 and is payable on 04-27-2018. Annualized dividend is C$5.32 at a yield of 4.5497%.



Royal Bank of Canada (RY) , +3.3% dividend increase

Royal Bank of Canada has declared quarterly dividend of C$0.9400 (+3.2967% increase). It goes ex-dividend on 04-24-2018 and is payable on 05-24-2018. Annualized dividend is C$3.76 at a yield of 3.6805%.



Disclaimer: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.








6 comments:

  1. I was always interested in Waste Management :) Some great companies here!

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  2. I got impatient with Waste Management a few years ago due to slow dividend growth. My mistake, they seemed to have turned it around over the past couple years. I am being patient with WMT and hoping for better dividend growth in future years. GPC is a great long
    term buy & hold. Tom

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    Replies
    1. I have a buy order on WMT with a trailing stop of 3%. Order is yet to be triggered. It looks like a good buy. 43 years of dividend increase is awesome.

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  3. Geek -

    These dividend increases are getting out of hand, it is hilarious. It's awesome,but damn hilarious.

    -Lanny

    ReplyDelete
    Replies
    1. Hola Lanny, Why is it hilarious? Its good news for anyone who holds these stocks.

      Delete