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

In compiling the Dividend Champions list, 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.

A Little More Quiet Time

Of the 36 companies listed in my June 27 article, only five announced increases, so most of them have been carried over here. Based on last year's announcements, I'm expecting the following companies to announce dividend increases between now and the anniversary of their previous increase:

Dividend Champions (25 or more years):



No.

6/30


Qtrly

LY%

LY

Company

Symbol

Yrs

Price

Yield

Rate

Inc.

Ex-Div

Carlisle Companies

CSL

34

49.23

1.38

0.1700

6.25

8/13/10

Walgreen Company

WAG

35

42.46

1.65

0.1750

27.27

8/17/10

Dover Corp.

DOV

55

67.80

1.62

0.2750

5.77

8/27/10

Nordson Corp.

NDSN

47

54.85

0.77

0.1050

10.53

8/27/10

Conn. Water Service

CTWS

41

25.58

3.64

0.2325

2.20

8/30/10

MGE Energy Inc.

MGEE

34

40.53

3.70

0.3751

1.82

8/30/10

Altria Group Inc.

MO

42

26.41

5.76

0.3800

8.57

9/13/10

Community Trust Banc.

CTBI

30

27.72

4.40

0.3050

1.67

9/13/10

Leggett & Platt Inc.

LEG

39

24.38

4.43

0.2700

3.85

9/13/10

Dividend Contenders (10-24 years):



No.

6/30


Qtrly

LY%

LY

Company

Symbol

Yrs

Price

Yield

Rate

Inc.

Ex-Div

A.O. Smith Corp.

AOS

17

42.30

1.32

0.1400

7.69

7/28/10

AptarGroup Inc.

ATR

17

52.34

1.38

0.1800

20.00

7/28/10

National Retail Properties

NNN

21

24.51

6.20

0.3800

1.33

7/28/10

CARBO Ceramics

CRR

10

162.95

0.49

0.2000

11.11

7/30/10

Inergy LP

NRGY

10

35.36

7.98

0.7050

1.44

8/4/10

Murphy Oil Corp.

MUR

15

65.66

1.68

0.2750

10.00

8/12/10

Alterra Capital Holdings

ALTE

10

22.30

2.15

0.1200

20.00

8/13/10

Badger Meter Inc.

BMI

18

36.99

1.51

0.1400

16.67

8/27/10

Chesapeake Financial

OTCQB:CPKF

18

12.50

3.52

0.1100

4.76

8/30/10

Harleysville Group

HGIC

24

31.17

4.62

0.3600

10.77

9/13/10

First Capital Inc.

FCAP

10

17.90

4.25

0.1900

5.56

9/14/10

Vector Group Ltd.

VGR

13

17.79

8.99

0.4000

5.00

9/14/10

Dividend Challengers (5-9 years):



No.

6/30


Qtrly

LY%

LY

Company

Symbol

Yrs

Price

Yield

Rate

Inc.

Ex-Div

Landstar System Inc.

LSTR

6

46.48

0.43

0.0500

11.11

8/5/10

Lindsay Corp.

LNN

8

68.80

0.49

0.0850

6.25

8/13/10

Maxim Integrated Prod.

MXIM

9

25.56

3.29

0.2100

5.00

8/18/10

Ritchie Brothers Auction.

RBA

8

27.49

1.53

0.1050

5.00

8/18/10

Cummins Inc.

CMI

5

103.49

1.01

0.2625

50.00

8/19/10

Ryder System

R

6

56.85

1.90

0.2700

8.00

8/19/10

Steris Corp.

STE

6

34.98

1.72

0.1500

36.36

8/20/10

Crane Company

CR

6

49.41

1.86

0.2300

15.00

8/27/10

Delta Natural Gas

DGAS

6

31.65

4.30

0.3400

4.62

8/27/10

ITC Holdings Corp.

ITC

6

71.77

1.87

0.3350

4.69

8/30/10

Westlake Chemical Corp.

WLK

7

51.90

0.49

0.0635

10.43

8/30/10

Bob Evans Farms

BOBE

5

34.97

2.29

0.2000

11.11

9/3/10

Harris Corp.

HRS

9

45.06

2.22

0.2500

13.64

9/6/10

BHP Billiton Ltd.

BHP

8

94.63

1.84

0.8700

6.10

9/8/10

BHP Billiton plc

BBL

8

78.43

2.22

0.8700

6.10

9/8/10

Shire plc

SHPGY

7

94.21

0.37

0.1730

16.50

9/8/10

Atrion Corp.

ATRI

8

197.80

0.85

0.4200

16.67

9/13/10

China Mobile Limited

CHL

5

46.78

3.95

0.9250

4.28

9/13/10

G&K Services Inc.

GKSR

5

33.86

1.12

0.0950

26.67

9/14/10

Alliance Financial Corp.

ALNC

5

30.53

3.93

0.3000

7.14

9/15/10

In addition, I anticipate that five companies in the Appendix (on the Note tab) will boost their dividends during this period, marking their fifth straight year of increases and promoting them to Challenger status:

Company

Symbol

Ex-Div

Enbridge Energy Partners

EEP

8/3/10

Altera Corp.

ALTR

8/6/10

Kaydon Corp.

KDN

9/9/10

Broadridge Financial

BR

9/13/10

Frisch's Restaurants Inc.

FRS

9/16/10

Also, in late July or early August, about two dozen MLPs (Master Limited Partnerships) are likely to increase their payouts, which they tend to do each quarter.

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

Source: 46 Dividend Increases Expected in the Next 10 Weeks