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AbbVie Boosts Dividend In October; Emerson, 14 Others To Announce Increases In First Half Of November

Nov. 01, 2021 8:46 AM ETABBV, COR, ADP, AEP, AIZ, AOS, APH, ATO, BKH, BRO, CVGW, DTE, EMR, EVRG, GFF, GRC, HII, HWBK, LANC, LECO, MCY, MDU, MSEX, NNI, NWN, PB, ROK, ROP, RPM, SCL, SNA, SXI, TMP, VFC, WCN, WCN:CA5 Comments
Harvesting Dividends profile picture
Harvesting Dividends
3.22K Followers

Summary

  • Despite the economic uncertainty with supply chain issues and the potential for tax hikes, dividend increases in October were as expected.
  • Double-digit boosts came from Amphenol, Brown & Brown, Lincoln Electric, Stepan Company, and Waste Connections. Biopharmaceutical company AbbVie also announced its newest increase in late October.
  • Emerson will continue its long-running history of dividend growth with an announcement in the first two weeks of November.
  • Investors should see double-digit boosts from several companies, including shipbuilder Huntington Ingalls and industrial company Snap-on Tools.

Origami dollar seedling being watered with coins

Richard Drury/DigitalVision via Getty Images

This is the latest in my series of articles where I provide predictions of annual dividend increases for a variety of long-term dividend growth companies. Back at the end of September, I provided predictions for 17 dividend

This article was written by

Harvesting Dividends profile picture
3.22K Followers
I'm an individual investor looking to grow my wealth over the long term. I've tried many different styles of investing over the last 25 years and have found that buying dividend growth stocks and reinvesting the dividends is one of the easiest ways to grow wealth over the long term. Over the years, I've owned stocks, options, ETFs, treasury notes, and mutual funds. I operate a blog, HarvestingDividends.com, that provides information on the S&P Dividend Aristocrats and other dividend growth stocks.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of ABBV, LECO either through stock ownership, options, or other derivatives. 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.

I may take a position in any of the stocks mentioned in this article in the near future. And I really wish I'd held onto that RPM stock instead of selling it more than twenty years ago.

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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Comments (5)

thkalinke profile picture
"And I really wish I'd held onto that RPM stock instead of selling it more than twenty years ago."

Yeah, that's how I feel about ADP. Owned it briefly in the early '90's. Argghh.
Harvesting Dividends profile picture
@thkalinke:
I have never gone back to figure out how much the stock would be worth now, how much my dividends would be or my yield on cost. I figure it's better not knowing....

Thanks for the comment!

Cheers,
HD
j
I appreciate you for disclosing your prediction comparisons against actual. Very transparent.
Harvesting Dividends profile picture
@josephakosinski -
Thank you for the kind comment!

Cheers,
HD
a
Thank you for the investing opportunities Aimepic
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