12 Upcoming Dividend Increases Including This Dividend King

Summary

• All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List.
• An average increase of 7.3% and a median increase of 6.6%.
• Twelve increases for next week, down from fifteen last week.
• Genuine Parts Company extends its 64+ year streak history.
• Kimberly-Clark is poised to become a Dividend King next year.
• I do much more than just articles at Wheel of Fortune: Members get access to model portfolios, regular updates, a chat room, and more. Get started today »

This article series helps to keep investors informed of upcoming dividend increases. Any company can increase its dividend, but these companies have a history of annual increases. For investors, this can be an opportunity to start or add to positions before an increased payout. Dividend increase notifications can be essential for retirees who live on dividend checks. Many companies cut their dividends during the pandemic, so receiving increased income is welcome.

The lists I've compiled provide various stats for the stocks that are increasing their dividends next week.

This list is a trimmed-down version only covering dividend increases. A full upcoming dividend calendar is always available here.

How It's Assembled

I created the information below by combining the "U.S. Dividend Champions" spreadsheet hosted here with upcoming dividend information from Nasdaq. This meshes metrics about companies with dividend growth history with upcoming dividend payments (and whether those payments are increasing). These companies all have a minimum five-year dividend growth history.

Companies are required to have higher total dividends paid out each year. A company may not raise its dividend in each calendar year, but the total annual dividend can still increase. Here's an example showing increasing total payments each year, but with the same dividend amount over eight consecutive quarters.

What Is The Ex-Dividend Date?

The "ex-dividend" date is the date you are no longer entitled to the dividend or distribution. You need to have made your purchase by the preceding business day. If the date is a Tuesday, you need to have purchased (or already owned) shares by the market close on Monday. Be aware that for any stock going ex-dividend on a Monday (or Tuesday, if Monday is a holiday), you must own it by the prior Friday.

Dividend Streak Categories

Here are the definitions of the streak categories, as

Analyst’s Disclosure:I am/we are long BLK. 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.