CA - 6 Upcoming Dividend Increases Including A King
2024-07-18 10:18:54 ET
Summary
- Six new dividend increases, including Lowe's with a 4.5% increase, extending its 62-year streak.
- My investment strategy involves buying companies with consistent dividend growth and beating benchmarks.
- Data sourced from U.S. Dividend Champions and NASDAQ, companies must have at least 5 years of dividend growth history.
Welcome back to another edition of upcoming dividend increases. Last week was slow on the dividend front, and it was not enough to garner a new article. It happens occasionally; there are a few slow weeks during the calendar year. This week, we're back with six new increases, including home improvement Dividend King Lowe's! Lowe's extends its 62-year dividend growth streak with a 4.5% increase. The yield is rather paltry, but as we'll see below, it's been a stellar dividend grower for patient investors. The overall group has an average increase of 10.8% and a median of 11% (maybe the highest seen this year)....
6 Upcoming Dividend Increases Including A King