7 Dividend Increases Expected In January 2021

Jan. 05, 2021 11:03 AM ET, , , , , , , , , , , , , , , , , , 32 Comments
Dividend Diplomats
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Summary

  • Abbott Laboratories announced a massive 25% dividend increase in December. This was the company's 49th consecutive dividend increase.
  • The banking sector received a nice jolt in December when the Fed announced the results of stress tests.
  • ABM announced a 2.7% dividend increase. This was in line with its 5-year average dividend growth rate.

2021 is here with style! Man, I cannot believe how quickly 2020 came and went. With another year of dividend investing behind us, we are all looking forward to the new year. Get ready to create some new memories, grow our passive income, and push ourselves one step closer to financial freedom. Each month, we summarize the previous month's dividend increases and project the dividend increases we are expected to receive. Here is the next installment of our monthly expected dividend increases series!

Dividend News and Dividend Increases in December 2020

Before looking ahead to the upcoming dividend increases in January, I like to discuss the actual dividend increases from the previous month. We have been saying this for months now. Dividend Increases are back and it contributed to yet another CRAZY month of dividend increases. It is fantastic news for dividend increases, as you most likely received some of the featured increases and therefore, saw your dividend income grow!

In this section of the article, I will discuss dividend increases, and changes, from December. Unfortunately, due to the volume of dividend increases, I cannot discuss them all in detail (but I will do my best to cover as many as I can)!

Rather than simply list each dividend increase, I will split the dividend increases into different, self-identified categories. The categories are:

  1. Featured Dividend Increases - This section will summarize the increases for some of the companies listed in last month's article
  2. Surprise Dividend Increases - This section will cover dividend increases that came out of left field!
  3. The Surprise "No Dividend Increase Announcement" - This section will feature any companies that did not announce a dividend increase as expected
  4. The Best of the Rest - This section will briefly list any remaining dividend increases that have not been covered.

This article was written by

15.58K Followers
Two guys who love Investing, Dividends, Frugality, Passive Income & attempting to Reinvest Our Dividends to one day achieve Financial Freedom! Follow us on your journey towards a work-free life! We share EVERY ASPECT of our journey on our blog, social media, and YouTube Channel. Make sure to follow us so you don't miss an update. Updates include the stocks we are watching, buying, selling, and our overall thoughts about the the marketBlog: https://www.dividenddiplomats.comYouTube Channel: www.youtube.com/dividenddiplomatsTwitter: https://twitter.com/DvdndDiplomats

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SymbolLast Price% Chg
ABT--
Abbott Laboratories
MA--
Mastercard Incorporated
PFE--
Pfizer Inc.
BMY--
Bristol-Myers Squibb Company
LLY--
Eli Lilly and Company

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