NSP - Lowe's Among 9 Companies To Announce Dividend Increases In Second Half Of May

2024-05-13 12:03:30 ET

Summary

• I continue my series of articles where I predict annual dividend increases from long-term dividend growth companies.
• Nine companies are expected to announce increases in late May, including Lowe's Companies and Medtronic.
• Dividend increases from the first half of May were modest, with one long-time dividend growth company cutting its payout and ending more than half a century of dividend growth.

This is the latest in my series of articles where I provide predictions of annual dividend increases for long-term dividend growth companies. At the end of April, I provided predictions for 14 dividend growth companies that have historically announced annual payout increases in the first half of May. In this article, I'll look at another 9 dividend growth companies that I expect will announce their annual dividend increases in the second half of May....

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