11 Upcoming Dividend Increases, Including A Dividend King

Jan. 11, 2025 6:38 AM ET, , , , , , , , , , , , , , , , , , , 5 Comments
Dividend Derek
23.37K Followers
(8min)

Summary

  • Hormel Foods extends its 52-year dividend streak with a 2.6% increase; the group averages a 5.9% increase, median 5.8%.
  • My strategy focuses on buying, holding, and adding to companies with consistent dividend growth and outperforming benchmarks.
  • I use data from the "U.S. Dividend Champions" spreadsheet and NASDAQ to identify companies with at least five years of dividend growth.
  • I prioritize stocks that outperform benchmarks like SCHD and RNP, aiming for exceptional long-term performance and consistent dividend growth.

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Welcome back for another edition of upcoming dividend increases! This week, I feature another eleven increases, including dividend king Hormel Foods. Hormel extends their 52-year streak with a 2.6% increase. The group has an average increase of 5.9% and a median increase

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 RNP 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.

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