Dividend Changes: November 14-20, 2020

Nov. 23, 2020 9:00 AM ETA, AEL, AFL, BF.A, BF.B, CCBG, COFS, PFGC, MATW, MKC, MRK, MSI, NKE, RGLD, SR, THFF19 Comments
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FerdiS
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Summary

  • In this article series, we provide a weekly summary of dividend changes.
  • A summary table provides relevant data and key statistics of dividend increases.
  • We include a table of ex-dividend dates for the next two weeks.

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

dividend growth investing

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).

Last week, 16 companies in Dividend Radar decided to increase their dividends, including three of the stocks I hold in my portfolio. There was also a dividend cut announced last week. The following table presents a summary of the 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) indicates the percentage increase from the year-ago dividend.

Summary of Dividend Increases: November 14-20, 2020

Previous Post: Dividend Changes: November 7-13, 2020

Source: Created by the authors from data in Dividend Radar.

The following dividend increase data are sorted alphabetically by ticker.

Company descriptions are the author's summary of company descriptions sourced from Finviz.

Aflac Incorporated (AFL)

Founded in 1955 and based in Columbus, Georgia, AFL is a supplemental health and life insurance company that operates in the USA and in Japan. In the USA, the company sells health and disability insurance, mainly as part of employer-sponsored group insurance plans. In Japan, AFL provides health insurance, life insurance, and annuity products.

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This article was written by

FerdiS profile picture
27.41K 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 more than 20 years, FerdiS enjoys writing articles about dividend growth investing, options trading, stock selection, portfolio management, and passive income generation. FerdiS collaborates with the founders of Portfolio Insight, an online platform for portfolio management and investment analysis. We maintain and publish Dividend Radar, a weekly free spreadsheet of dividend growth stocks.

Analyst’s Disclosure: I am/we are long AFL, NKE, MRK. 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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SymbolLast Price% Chg
A--
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AEL--
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AFL--
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BF.B--
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