8 Upcoming Dividend Increases

Nov. 14, 2024 7:58 PM ET, , , , , , , , , , , , , , 2 Comments
Dividend Derek
23.37K Followers
(8min)

Summary

  • Eight dividend contenders are increasing their dividends this week, with an average increase of 7.1% and a median of 4.4%.
  • My strategy focuses on buying, holding, and adding to companies with consistent dividend growth and outperformance against benchmarks.
  • The list is derived from merging U.S. Dividend Champions data with NASDAQ's upcoming dividend information, ensuring at least five years of dividend growth.
  • Historical performance shows significant returns from companies like KLAC and MSFT, emphasizing the power of compounding and long-term holding.
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Welcome back to another edition of upcoming dividend increases. This week, we have eight more companies increasing their dividends for your consideration. This week's companies have an average increase of 7.1%, and the median is 4.4%. What's interesting is that all eight are dividend contenders. I

This article was written by

23.37K Followers
Derek is an individual investor seeking to navigate the investment world to provide his family a wealthy and stable retirement. He aims to help fellow investors, notably younger investors, establish a plan to produce a growing income stream. Derek holds a Bachelor's degree in Computer Science with a minor in Economics from the University of Delaware and lives with his wife and two children.

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

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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