Colgate-Palmolive, Dollar General Among 10 Dividend Growth Companies Announcing Increases In March

Summary

• 10 long-term dividend growth companies rewarded their investors with annual increases in the second half of February.
• Notable among these companies was a blowout announcement from Walmart. Following up to a 3-for-1 stock split, the company announced a 9% dividend increase – its largest in a decade.
• The pace of announcements continues to slow in March, with only 10 long-term dividend growth companies announcing annual increases.

With its expected announcement in March, Colgate-Palmolive will begin its 7th decade of dividend growth.

Justin Sullivan

This is the latest in my series of articles where I provide predictions of annual dividend increases for long-term dividend growth companies. In the middle of February, I provided predictions for 10 dividend growth companies that have historically announced annual payout increases

Analyst’s Disclosure:I/we have a beneficial long position in the shares of WMT 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.