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Saturday, November 20, 2021

Fourteen Cash Machines Hiking Dividends Last Week

I review the list of dividend increases every week, as part of my review process. I focus my attention on companies that raised dividends in the current week, and have at least a ten-year track record of annual dividend increases.

Only a company with a strong cash flow generating business can afford to grow dividends for a long period of time. Therefore, a business growing dividends for at least a decade is worth looking at for further research.

There were nine companies that fit the criteria. You can view the five companies in the table below:

Company

Symbol 

New
Dividend 
Payment

  Old Dividend Payment

Raise

Years Annual Dividend  Raises

Ten Year Annualized  Dividend    Growth

Forward P/E

Dividend Yield

Aflac

AFL

0.4

0.33

21.21%

39

6.99%

9.47

2.86%

Agilent

A

0.21

0.194

8.25%

11

11.02%

37.6

0.52%

*

Brady

BRC

0.225

0.22

2.27%

37

2.15%

15.98

1.80%

Brown-Forman

BF.B

0.1885

0.1795

5.01%

38

7.72%

42.58

0.99%

City Holding

CHCO

0.6

0.58

3.45%

10

5.30%

14.81

2.88%

Griffon

GFF

0.09

0.08

12.50%

11

9.86%

15.24

1.41%

*

HP

HPQ

0.25

0.19

31.58%

12

16.67%

8.42

3.18%

Matthews

MATW

0.22

0.21

4.76%

27

11.29%

12.68

2.28%

Motorola Solutions

MSI

0.79

0.71

11.27%

12

11.61%

28.44

1.23%

*

Nike

NKE

0.305

0.275

10.91%

20

13.35%

48.62

0.71%

Realty Income

O

0.246

0.236

4.24%

27

4.93%

20.58

4.16%

Royal Gold

RGLD

0.35

0.3

16.67%

21

12.02%

25.43

1.31%

United Bankshares

UBSI

0.36

0.35

2.86%

48

1.55%

13.34

3.66%

Unity Bancorp

UNTY

0.1

0.09

11.11%

10

17.08%

8.14

1.48%

*


This is a list of companies for further review. Most seem attractive as businesses, but that doesn’t mean that they should be invested in at any price, regardless of valuation.

Relevant Articles:

Ten Dividend Growth Stocks Rewarding Owners With A Raise

Twelve Companies Rewarding Shareholders With Regular Dividend Increases

Five Dividend Growth Stocks Delivering Raises To Shareholders

Six Dividend Growth Stocks Rewarding Shareholders With Raises

Five Dividend Growth Stocks In the News