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
- Worthington Industries, Inc. (WOR) raised its dividend 9.52% (https://goo.gl/95WsQp)
- Glacier Bancorp, Inc. (GBCI) raised its dividend 13.04% (https://goo.gl/9j3uGJ)
- Walgreens Boots Alliance Inc (WBA) raised its dividend 10.00% (https://goo.gl/HdDDey)
- SCANA Corporation (SCG) cut its dividend 79.80% (https://goo.gl/9LX2nD)
- Kroger Co (KR) raised its dividend 12.00% (https://goo.gl/Fqnu2s)
- JPMorgan Chase & Co. (JPM) raised its dividend 42.86% (https://goo.gl/tMCgZA)
- Wells Fargo & Co (WFC) raised its dividend 10.26% (https://goo.gl/UZE8SG)
- American Express Company (AXP) raised its dividend 11.43% (https://goo.gl/wEKaw2)
- Citigroup Inc (C) raised its dividend 40.63% (https://goo.gl/uUQ5fm)
- Discover Financial Services (DFS) raised its dividend 14.29% (https://goo.gl/GdPVUz)
- State Street Corp (STT) raised its dividend 11.90% (https://goo.gl/uGBpfo)
- Bank of New York Mellon Corp (BK) raised its dividend 16.67% (https://goo.gl/3d4wzw)
- Citizens Financial Group Inc (CFG) raised its dividend 22.73% (https://goo.gl/A969mT)
- Northern Trust Corporation (NTRS) raised its dividend 30.95% (https://goo.gl/gu8TBp)
- M&T Bank Corporation (MTB) raised its dividend 25.00% (https://goo.gl/1GsEdR)
- (none)