Dividend Raises & Cuts - Week of Nov 28, 2016

Dividend growth investing is a popular model followed by the investing community to build assets. Companies which not only pay dividends, but raise them year after year have been shown to perform better overall for investor returns. On the flip side, it is also important to keep an eye on the dividend cuts, which could signal troubling times ahead for a company. This post captures the announcements of changes in dividend amount for the week - both increases and cuts.

Note that only $2B+ (Midcap+) companies are included in this list.

Following companies announced dividend increases this week

• Wendys Co (WEN) raised its dividend 8.33% (https://goo.gl/lUJb71)
• Hartford Financial Services Group Inc (HIG) raised its dividend 9.52% (https://goo.gl/ksLbtk)
• Nelnet, Inc. (NNI) raised its dividend 16.67% (https://goo.gl/K39lKP)
• McCormick & Company, Incorporated (MKC) raised its dividend 9.30% (https://goo.gl/uBmFsM)
• Churchill Downs, Inc. (CHDN) raised its dividend 14.78% (https://goo.gl/y3wWAu)
• Nucor Corporation (NUE) raised its dividend 0.67% (https://goo.gl/DAUumE)
• Walt Disney Co (DIS) raised its dividend 9.86% (https://goo.gl/m2pf1s)
• Canadian Imperial Bank of Commerce (CM.TO) raised its dividend 2.48% (https://goo.gl/NUu47x)
• CoreSite Realty Corp (COR) raised its dividend 50.94% (https://goo.gl/OnUVkS)
• Principal Financial Group Inc (PFG) raised its dividend 4.88% (https://goo.gl/4N9Ec3)
• SL Green Realty Corp (SLG) raised its dividend 7.64% (https://goo.gl/8OUd1Z)
• DuPont Fabros Technology, Inc. (DFT) raised its dividend 6.38% (https://goo.gl/PbfXxw)
• WEC Energy Group Inc (WEC) raised its dividend 5.05% (https://goo.gl/abwQNc)
• Owens Corning (OC) raised its dividend 11.11% (https://goo.gl/l1i3WH)
• National Bank of Canada (NA.TO) raised its dividend 1.82% (https://goo.gl/1w2KnM)

Following companies announced dividend cuts this week

• Allegheny Technologies Incorporated (ATI) cut its dividend 100.00% (https://goo.gl/LI5myX)