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Dividend Changes: May 30-June 5, 2020

Jun. 08, 2020 9:00 AM ETARE, BEN, LM, PBA, UHT, UNH, PPL:CA21 Comments
FerdiS profile picture
FerdiS
26.9K Followers

Summary

  • This article series provides a weekly summary of dividend increases, cuts, and suspensions.
  • A summary table provides relevant data and key statistics of dividend increases.
  • A table of ex-dividend dates for the next two weeks is included, and we highlight an interesting candidate.

This article was co-produced with James Marino Sr of Portfolio Insight.

We monitor dividend increases for stocks using Dividend Radar, a weekly automatically generated spreadsheet listing stocks with dividend streaks of five years or more. The Dividend Radar spreadsheet separates stocks into categories based on the length of the streak: Champions (25+ years), Contenders (10-24 years), and Challengers (5-9 years).

This week, four companies in Dividend Radar decided to increase their dividends, including one of the stocks in DivGro. One company suspended its dividend.

Dividend Increases

The following table provides a summary of dividend increases.

The table is sorted into sections for Champions, Contenders, and Challengers, and then by the percentage increase, %Incr. Dividends are annualized and in US$, unless otherwise indicated. Yield is the new dividend yield for the market close Price on the date listed. Yrs are years of consecutive dividend increases, while 5-yr DGR is the compound annual growth rate of the dividend over a 5-year period. Some companies increase their dividends more than once a year, so the last column (1-yr DGR) gives an indication of how the dividend has changed in the past year on a trailing basis.

Summary of Dividend Increases: May 30-June 5, 2020

Previous Post: Dividend Changes: May 23-29, 2020

The following dividend increase data are sorted alphabetically by ticker.

Alexandria Real Estate Equities, Inc. (ARE)

ARE is a self-administered and self-managed REIT engaged in the ownership, operation, management, development, acquisition, and redevelopment of properties for the life sciences industry. Its properties consist of buildings containing scientific research and development laboratories, and other improvements. ARE was founded in 1993 and is based in Pasadena, California.

  • On June 1, ARE declared a quarterly dividend of $1.06 per share.
  • This is an increase of 2.91% from the prior dividend of $1.03.

This article was written by

FerdiS profile picture
26.9K Followers
FerdiS invests in dividend growth stocks and writes options to boost dividend income. He manages DivGro, a portfolio of mainly dividend growth stocks created in January 2013. With investment and trading experience spanning nearly 20 years, FerdiS enjoys writing articles about dividend growth investing, options trading, stock selection, portfolio management, and passive income generation. His DivGro blog hosts more than 1,000 posts and a live, public spreadsheet with full details of his DivGro portfolio, allowing readers to follow along in his investment journey. FerdiS is collaborating with the founders of Portfolio Insight, an online platform for portfolio management and investment analysis. Together, we maintain and publish Dividend Radar, a free spreadsheet of dividend growth stocks, on a weekly basis.

Analyst’s Disclosure: I am/we are long UNH. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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