APOG - PepsiCo 3M Among 20 Companies To Announce Dividend Increases In The First 2 Weeks Of February
2024-01-30 11:52:28 ET
Summary
- Investors saw some nice dividend increases from dividend growth companies in January, including 10%+ boosts from ADM, Fastenal, and Franklin Electric.
- A boatload of companies are announcing annual increases in February. Twenty companies are on tap for announcements in the first two weeks of February.
- Most of these increases will be in the mid-single digit percentage range, but ITT, Xylem, Allegion, and Sherwin-Williams should reward investors with 10%+ increases.
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 December, I provided predictions for 14 dividend growth companies that have historically announced annual payout increases in January. In this article I'll look at another 20 dividend growth companies that I expect will announce their annual dividend increases in the first half of February....
PepsiCo, 3M Among 20 Companies To Announce Dividend Increases In The First 2 Weeks Of February