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
Note that only $2B+ (Midcap+) companies are included in this list.
Following companies announced dividend increases this week
- Newell Brands Inc (NWL) raised its dividend 21.05% (https://goo.gl/IGwrDe)
- Brink's Company (BCO) raised its dividend 50.00% (https://goo.gl/GgHWVd)
- Convergys Corp (CVG) raised its dividend 11.11% (https://goo.gl/sRf5ui)
- FactSet Research Systems Inc. (FDS) raised its dividend 12.00% (https://goo.gl/G4vPSp)
- Open Text Corp (USA) (OTEX) raised its dividend 14.78% (https://goo.gl/0StAwP)
- J2 Global Inc (JCOM) raised its dividend 2.74% (https://goo.gl/ldzJd0)
- Clorox Co (CLX) raised its dividend 5.00% (https://goo.gl/Vrm8Mr)
- Tractor Supply Company (TSCO) raised its dividend 12.50% (https://goo.gl/8q9wfM)
- DST Systems, Inc. (DST) raised its dividend 2.86% (https://goo.gl/N4IuzC)
- Grupo Financiero Galicia S.A. (ADR) (GGAL) raised its dividend 47.98% (https://goo.gl/LaEygB)
- Fibria Celulose SA (ADR) (FBR) raised its dividend 53.38% (https://goo.gl/LN0DcD)
- HNI Corp (HNI) raised its dividend 3.64% (https://goo.gl/J9qklb)
- Leggett & Platt, Inc. (LEG) raised its dividend 5.88% (https://goo.gl/PezRzm)
- Watts Water Technologies Inc (WTS) raised its dividend 5.56% (https://goo.gl/uY8nfi)
- Franco Nevada Corp (FNV) raised its dividend 4.55% (https://goo.gl/PIBE2n)
- Sun Life Financial Inc (SLF) raised its dividend 3.57% (https://goo.gl/s2AOWI)
- Microchip Technology Inc. (MCHP) raised its dividend 0.14% (https://goo.gl/5VSUO9)
- TMX GROUP LIMITED (TSE:X) raised its dividend 11.11% (https://goo.gl/TvzJRD)
- Westinghouse Air Brake Technologies Corp (WAB) raised its dividend 20.00% (https://goo.gl/10l3ow)
- Penske Automotive Group, Inc. (PAG) raised its dividend 3.33% (https://goo.gl/j4Sqb8)
- TE Connectivity Ltd (TEL) raised its dividend 8.11% (https://goo.gl/9zkj6Z)
- Canadian Pacific Railway Limited (TSE:CP) raised its dividend 12.50% (https://goo.gl/Pwjpmk)
- Restaurant Brands International Inc (QSR) raised its dividend 5.56% (https://goo.gl/XdnbQe)
- Buckeye Partners, L.P. (BPL) raised its dividend 1.01% (https://goo.gl/37iyWf)
- Service Corporation International (SCI) raised its dividend 15.38% (https://goo.gl/tCKtHz)
- Jones Lang LaSalle Inc (JLL) raised its dividend 6.06% (https://goo.gl/AL0LKg)
- SAP SE (ADR) (SAP) raised its dividend 2.04% (https://goo.gl/rxSPQY)
- Sanofi SA (EPA:SAN) raised its dividend 1.02% (https://goo.gl/694pBP)
- Cabot Corp (CBT) raised its dividend 5.00% (https://goo.gl/h71a4I)
- CNO Financial Group Inc (CNO) raised its dividend 12.50% (https://goo.gl/bUPylP)
- BWX Technologies Inc (BWXT) raised its dividend 22.22% (https://goo.gl/uQgqsd)
- TELUS Corporation (TSE:T) raised its dividend 2.60% (https://goo.gl/k2iNfj)
- ONEX Corporation (TSE:ONEX) raised its dividend 9.09% (https://goo.gl/UF2upt)
- Southern Copper Corp (SCCO) raised its dividend 50.00% (https://goo.gl/R60YML)
- MSA Safety Incorporated (MSA) raised its dividend 6.06% (https://goo.gl/4wc53v)
Following companies announced dividend cuts this week
- (none)
POW.TO increased 7% on May 12.
ReplyDeleteThanks for the comment, Sean. I missed that one. I will include POW.TO in next week's update.
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