Seeking Alpha
Value, long-term horizon, dividend investing, dividend growth investing
Profile| Send Message| ()  

In compiling the Dividend Champions list (found here I get to see which companies are nearing the anniversaries of their previous dividend increases. Since most of these firms raise their payout about the same time every year, I can say with some confidence that they are likely to do so again. I have modified the Expected Increase series to reflect a more SA-friendly format by separating the Champions (25 or more years of higher dividends), Contenders (10-24 years), and Challengers (5-9 years) into distinct groupings, so please click the links above to view the other articles.

The Pace Quickens

As usually happens this time of year, dividend increases come at a faster pace during February and March, heading into Annual Shareholder meetings in April, May, and June, when companies like to give their owners reason to be happy. The table below coincides with the usual "forward look" of about 11 weeks for this article.

Based on last year's announcements, I'm expecting the following companies to announce dividend increases between now and the anniversary of the Ex-Dividend Date of their previous increase:

Dividend Champions (25 or more years):

Company

Ticker

No.

1/31

Div.

MR%

LY

Ann.

Name

Symbol

Yrs

Price

Yield

Inc.

Ex-Div

Div.

Tootsie Roll Industries

(TR)

47

27.10

1.18

3.00

3/2/12

0.32

Genuine Parts Co.

(GPC)

56

68.03

2.91

10.00

3/7/12

1.98

Kimberly-Clark Corp.

(KMB)

40

89.51

3.31

5.71

3/7/12

2.96

Old Republic Int'l

(ORI)

31

11.40

6.23

1.43

3/8/12

0.71

Wal-Mart Stores Inc.

(WMT)

38

69.95

2.27

8.90

3/8/12

1.59

Coca-Cola Company

(KO)

50

37.24

2.74

8.51

3/13/12

1.02

T. Rowe Price Group

(TROW)

25

71.41

1.90

9.68

3/13/12

1.36

Chubb Corp.

(CB)

47

80.31

2.04

5.13

3/14/12

1.64

Telephone & Data Sys.

(TDS)

38

25.29

1.94

4.26

3/14/12

0.49

Piedmont Natural Gas

(PNY)

34

31.76

3.78

3.45

3/21/12

1.20

Air Products & Chem.

(APD)

30

87.43

2.93

10.34

3/29/12

2.56

Raven Industries

(RAVN)

26

26.93

1.56

16.67

4/6/12

0.42

Colgate-Palmolive Co.

(CL)

49

107.37

2.31

6.90

4/20/12

2.48

H.B. Fuller Company

(FUL)

43

39.08

0.87

13.33

4/24/12

0.34

Procter & Gamble Co.

(PG)

56

75.16

2.99

7.05

4/25/12

2.25

MR=Most Recent

Not all of the above companies will meet the strict standards of every investor, but some may be appropriate for portfolio diversification. Potential investors should do more research before committing funds.

Every Picture Tells a Story

As a bonus, I'm inserting one of Chuck Carnevale's F.A.S.T. Graphs below, highlighting one of the companies listed above. When the stock's price line has moved into the green area, it indicates that the stock is undervalued in relation to its earnings. You might notice that I'm using the same company as last month. That's because the other companies were all at or above fair value. I'm attaching the chart below.

(click to enlarge)

Source: Dividend Champions: 15 Increases Expected By April 30