Friday, April 6, 2018

Dividend Increases This Week (Apr 2 - Apr 6)

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


TJX Companies, Inc. (TJX) , +24.8% dividend increase

TJX Companies, Inc. has declared quarterly dividend of $0.3900 (+24.8000% increase). It goes ex-dividend on 05-16-2018 and is payable on 06-07-2018. Annualized dividend is $1.56 at a yield of 1.8362%. TJX Companies, Inc. has 21 years of consecutive dividend increase.



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. Geek -

    Leave it to the max to just jack up that dividend! So amazing!!

    -Lanny

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  2. Thanks DG,
    21 years of consecutive dividend increases. Nice !

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    Replies
    1. Yup. I still see loads of traffic @ TJ Max. Going strong.

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  3. The increase announcement have been a little slow lately DG. TJX is a whopper though. Announcements should pick up now as we get into the last two thirds of the month. Tom

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    Replies
    1. Yup. Few weeks with zero dividend increases. Looks like its starting to change.

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