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
- Expedia Inc (EXPE) raised its dividend 7.14% (https://goo.gl/6dK6xr)
- Westlake Chemical Corporation (WLK) raised its dividend 10.18% (https://goo.gl/n547Vf)
- Littelfuse, Inc. (LFUS) raised its dividend 12.12% (https://goo.gl/zmrKsK)
- Royal Bank of Canada (RY.TO) raised its dividend 4.60% (https://goo.gl/aPoL6T)
- American Financial Group Inc (AFG) raised its dividend 12.00% (https://goo.gl/ZtfsjL)
- Canadian Imperial Bank of Commerce (CM.TO) raised its dividend 2.36% (https://goo.gl/Cj45Aw)
- Steris PLC (STE) raised its dividend 10.71% (https://goo.gl/LSwLQm)
- Altria Group Inc (MO) raised its dividend 8.20% (https://goo.gl/nQP4YL)
- Martin Marietta Materials, Inc. (MLM) raised its dividend 4.76% (https://goo.gl/ncahDg)
- Harris Corporation (HRS) raised its dividend 7.55% (https://goo.gl/nztGhH)
- NetEase Inc (ADR) (NTES) cut its dividend 23.15% (https://goo.gl/mDVqhJ)
- Teva Pharmaceutical Industries Ltd (ADR) (TEVA) cut its dividend 75.00% (https://goo.gl/tWSYeu)