I review the list of dividend increases every single week, as part of my monitoring process. This exercise helps monitor existing holdings. I am a firm believer that these dividend increases provide strong signaling for how businesses are doing. They are especially helpful to review compared to the historical average, and trends in fundamentals.
This exercise also helps uncover potential companies for further research.
Over the past week, there were 16 dividend growth companies that raised dividends. All of these companies have a minimum ten year track record of consistent annual dividend increases:
This list of course is not a recommendation to do anything. It is simply a listing of companies that raised dividends last week, which also have a ten year track record of annual dividend increases under their belt.
I find it helpful to check the most recent dividend increase and compare it to the 5 or 10 year average. This provides helpful insight as to where things are going, fundamentally.
It is also helpful to review trends in earnings and payout ratios, for further context.
Last but not least, it is helpful to review growth relative to valuations too. This helps me identify a list of companies to prioritize researching further from here.
Relevant Articles:
- Sixteen Companies Raising Dividends Last Week
