Companies pinch a way grounds of increasing dividends thin to outperform nan market. Management's announcement of dividend increases signifies beardown business capacity and a committedness to shareholder rewards. I show companies pinch a proven history of dividend maturation to provide you pinch up-to-date accusation connected pending increases. The lists beneath connection valuable insights connected stocks that will raise their dividends successful nan coming week. This accusation is peculiarly applicable successful today's inflationary environment.
This database is simply a trimmed-down version, only covering dividend increases. A afloat upcoming dividend almanac is ever disposable here.
How I Created The Lists
I created nan accusation beneath by combining nan "U.S. Dividend Champions" spreadsheet hosted here pinch upcoming dividend accusation from NASDAQ. This meshes metrics astir companies pinch dividend maturation history pinch upcoming dividend payments. These companies each person a minimum five-year dividend maturation history.
Companies are required to person higher full dividends paid retired each year. Therefore, a institution whitethorn not raise its dividend each almanac year, but nan full yearly dividend tin still increase.
What Is The Ex-Dividend Date?
The ex-dividend day marks nan cutoff constituent for eligibility to person nan upcoming dividend aliases distribution. To qualify, you must person purchased shares by nan adjacent of nan preceding business day. For example, if nan ex-dividend day falls connected a Tuesday, you must person bought (or already owned) nan shares by nan marketplace adjacent connected Monday. Note that if nan ex-dividend day is connected a Monday (or a Tuesday if Monday is simply a holiday), you must person acquired nan shares by nan anterior Friday.
Dividend Streak Categories
Here are nan definitions of nan streak categories, arsenic I'll usage them passim nan piece.
- King: 50+ years
- Champion/Aristocrat: 25+ years
- Contender: 10-24 years
- Challenger: 5+ years
Category Count King 1 Champion 1 Contender 5 Challenger 3
The Dividend Increasers List
Data has been sorted by nan ex-dividend time (ascending) and past by nan streak (descending):
Name Ticker Streak Forward Yield Ex-Div Date Increase Percent Streak Category Xylem Inc. Common Stock New (XYL) 12 1.24 21-Feb-23 10.00% Contender Yum! Brands, Inc. (YUM) 6 1.85 21-Feb-23 6.14% Challenger Thomson Reuters Corp Ordinary Shares (TRI) 30 1.58 22-Feb-23 10.10% Champion Masco Corporation (MAS) 10 2.04 22-Feb-23 1.79% Contender S&P Global Inc. (SPGI) 50 1 23-Feb-23 5.88% King Robert Half International Inc. (RHI) 18 2.32 23-Feb-23 11.63% Contender Moody's Corporation (MCO) 13 1.01 23-Feb-23 10.00% Contender ONE Gas, Inc. (OGS) 9 3.05 23-Feb-23 4.84% Challenger Jacobs Solutions Inc. (J) 5 0.85 23-Feb-23 13.04% Challenger Tractor Supply Company (TSCO) 14 1.75 24-Feb-23 11.96% Contender
Field Definitions
Streak: Years of dividend maturation history are originated from nan U.S. Dividend Champions spreadsheet.
Forward Yield: The caller payout complaint is divided by nan existent stock price.
Ex-Dividend Date: This is nan day you request to ain nan stock.
Increase Percent: The percent increase.
Streak Category: This is nan wide dividend history classification of nan company.
Show Me The Money
Here's a array mapping nan caller rates versus nan aged rates. It besides reiterates nan percent increase. This array is sorted nan aforesaid measurement arsenic nan first array (ex-dividend time ascending, dividend streak descending).
Ticker Old Rate New Rate Increase Percent XYL 0.3 0.33 10.00% YUM 0.57 0.605 6.14% TRI 0.45 0.49 10.10% MAS 0.28 0.285 1.79% SPGI 0.85 0.9 5.88% RHI 0.43 0.48 11.63% MCO 0.7 0.77 10.00% OGS 0.62 0.65 4.84% J 0.23 0.26 13.04% TSCO 0.92 1.03 11.96%
Additional Metrics
Some different metrics related to these companies see yearly pricing action and nan P/E ratio. The array is sorted nan aforesaid measurement arsenic nan array above. A worth investor whitethorn find banal ideas pinch those companies adjacent their 52-week lows, arsenic they could supply much separator of information and inflated yield.
Ticker Current Price 52 Week Low 52 Week High PE Ratio % Off Low % Off High XYL 106.77 71.65 118.58 79.47 49% Off Low 10% Off High YUM 131.03 103.49 133.59 30.57 27% Off Low 2% Off High TRI 123.89 90.42 124.31 21.43 37% Off Low 0% Off High MAS 55.86 42.07 57.6 26.61 33% Off Low 3% Off High SPGI 361.38 279.32 421.55 33.67 29% Off Low 14% Off High RHI 82.84 65.04 122.61 22.65 27% Off Low 32% Off High MCO 304.31 228.98 345.82 29.44 33% Off Low 12% Off High OGS 81.42 68.34 90.2 22.35 19% Off Low 10% Off High J 122.24 106.78 130 33.47 14% Off Low 6% Off High TSCO 236.1 165.03 238.18 21.31 43% Off Low 1% Off High
Tickers By Yield And Growth Rates
I person arranged nan array successful descending bid by output for investors who prioritize existent yield. As a bonus, nan array besides features immoderate humanities dividend maturation rates. Moreover, I person incorporated nan "Chowder Rule," which is nan sum of nan existent output and nan five-year dividend maturation rate.
Ticker Yield 1 Yr DG 3 Yr DG 5 Yr DG 10 Yr DG Chowder Rule OGS 3.05 6.9 7.4 8.1 11.2 RHI 2.32 13.2 11.5 12.4 11.1 14.4 MAS 2.04 32.6 31.3 22.6 14.1 24.6 YUM 1.85 14 10.7 13.7 6.7 15.4 TSCO 1.75 76.9 39.4 28.5 26.2 30 TRI 1.58 9.9 7.3 5.2 3.4 6.6 XYL 1.24 7.2 7.7 10.8 11.5 11.9 MCO 1.01 41.1 20.5 18.2 18.5 19.1 SPGI 1 7.8 13.4 15.2 12.5 16.1 J 0.85 9.5 10.6 8.9 9.7
Historical Returns
I americium perpetually seeking retired dividend maturation stocks pinch a proven way grounds of outperforming nan market. I usage nan Schwab U.S. Dividend Equity ETF (SCHD) arsenic my benchmark, arsenic it boasts a coagulated history of exceptional performance, a higher output compared to nan S&P 500, and a history of increasing dividends.
The timeframe is somewhat constricted owed to disposable information for each companies, nevertheless astir companies outperformed SCHD, isolated from for RHI and J. To note, SPGI, MCO, and TRI were nan apical 3 performers pinch full returns of 428%, 356%, and 287% respectively. I personally already ain SPGI, but I deliberation I'll return a person look astatine immoderate others here.
Please do your owed diligence earlier investing, and acknowledgment for reading.
This article was written by
Derek is an individual investor seeking to navigate nan finance world to supply a able and unchangeable status for his family. He intends to thief chap investors, notably younger investors, found a scheme to nutrient a increasing income stream. Derek holds a Bachelor's grade successful Computer Science pinch a insignificant successful Economics from nan University of Delaware and lives pinch his woman and 2 children.Derek created and operates customstockalerts.com. It's a suite of utilities for investors to enactment connected apical of each their stocks. Pick a institution you're willing in, prime an alert type (price, dividend yield, PE, etc.) and a value. You'll get a matter aliases email (your choice) erstwhile your worth hits. Also, get alerts for upcoming dividends, including increases (works for stocks and ETFs). Use it arsenic a chance to bargain and cod nan dividend!Come cheque maine retired astatine customstockalerts.com!
Disclosure: I/we person a beneficial agelong position successful nan shares of SCHD, SPGI either done banal ownership, options, aliases different derivatives. I wrote this article myself, and it expresses my ain opinions. I americium not receiving compensation for it (other than from Seeking Alpha). I person nary business narration pinch immoderate institution whose banal is mentioned successful this article.
Editor: Naga