Dividend development investing is a well-liked mannequin adopted by the investing group to construct property. Firms which not solely pay dividends but additionally elevate them 12 months after 12 months have been proven to carry out higher general for investor returns.
As a part of my due diligence, I intently monitor all corporations that elevate dividends (or lower them), and this text shares the dividend quantity modifications introduced by corporations.
Notice that solely corporations with a market cap of $2B+ are included, because the record of small/micro cap corporations is just too lengthy to incorporate right here.
August was one other nice month for dividend raises. Dividend raises have been famous from corporations comparable to: Aqua America (WTR), Essential Avenue Capital (MAIN), Spectra Vitality (SEP), Kraft Heinz Co. (KHC), Illinois Instrument Works (ITW), Dover Corp. (DOV), Delta Air Strains (DAL), Cheesecake Manufacturing unit (CAKE), Expedia Inc. (EXPE), Royal Financial institution of Canada (RY), Canadian Imperial Financial institution of Commerce (CM), Financial institution of Nova Scotia (BNS), Financial institution of America (BAC), Wheaton Treasured Metals (WPM), Harris Corp. (HRS), Altria Group (MO), and plenty of extra.
Pictures used on this article are from Merely Wall St., a monetary visualization software that has a singular means of representing worth, future efficiency, previous efficiency, monetary well being and dividends – multi function single picture known as Snowflake.
The next lists the best raises and cuts from the month of August 2017.
The Dividend Raises
Oaktree Capital Group LLC (OAK)
Oaktree Capital Group LLC (Oaktree) is an funding supervisor specializing in various investments. Oaktree manages investments in a variety of methods inside roughly six asset lessons, which embody company debt, convertible securities, distressed debt, management investing, actual property and listed equities. The corporate is headed by none aside from the legendary investor Howard Marks.
The corporate introduced that the quarterly dividends will enhance from $zero.71 to $1.31.
Dividend Increase: 84.5%. Ahead yield is 11.68%.
OAK has a DIVCON rating of 1.
Financial institution of America Corp. (BAC)
Financial institution of America Company is a financial institution holding firm and a monetary holding firm. The financial institution gives companies via 4 enterprise segments: Client Banking, International Wealth & Funding Administration, International Banking, and International Markets.
The corporate introduced elevating its quarterly dividend from $zero.075 to $zero.12.
Dividend Increase: 60%. Ahead yield is 2.10%.
BAC has a DIVCON rating of four.
Forest Metropolis Realty Belief Inc. (FCE.A)
Forest Metropolis Realty Belief Inc. is engaged in operation, improvement, administration and acquisition of workplace, retail and condo actual property and land all through the US.
Forest Metropolis introduced growing its quarterly dividend from $zero.09 to $zero.14.
Dividend Increase: 55.5%. Ahead yield is 2.18%.
Forest Metropolis has a DIVCON rating of two.
Delta Air Strains Inc. (DAL)
Delta Air Strains Inc. gives scheduled air transportation for passengers and cargo all through the US and the world over.
Delta Air Strains introduced that the quarterly dividend will probably be raised from $zero.2025 to $zero.305.
Dividend Increase: 50.62%. Ahead yield is 2.57%.
Delta Air Strains has a DIVCON rating of four.
The Dividend Cuts
As a lot as we wish to see larger earnings from our investments, it’s also necessary to keep watch over the dividend cuts. Maintaining a tally of the cuts offers us a window to view the company world and spot general traits.
Teva Pharmaceutical Industries Ltd. (TEVA)
Teva Pharmaceutical Industries Restricted is a pharmaceutical firm. The corporate is engaged in creating, producing and advertising and marketing generic medicines and a portfolio of specialty medicines. The corporate operates via two segments: Generic medicines and Specialty medicines.
The corporate’s quarterly dividend is diminished from $zero.34 to $zero.085.
Dividend Lower: 75%. Ahead yield is 2.19%.
Mattel Inc. (MAT)
Mattel Inc. manufactures and markets a variety of toy merchandise world wide. The corporate’s segments are North America, Worldwide, and American Lady.
The corporate introduced a quarterly dividend discount from $zero.38 to $zero.15.
Dividend Lower: 60.5%. Ahead yield is three.93%.
Mattel has a DIVCON rating of 1.
August marked one other nice month for dividend development buyers. Many giant cap corporations sending loads of excellent news to buyers and shareholders whereas a number of dividend lower have been famous for the month. Traders ought to do their very own due diligence earlier than investing in any of the businesses talked about. Did you get any raises from the shares talked about?
Disclosure: I’m/we’re lengthy WPM.
I wrote this text myself, and it expresses my very own opinions. I’m not receiving compensation for it (aside from from Looking for Alpha). I’ve no enterprise relationship with any firm whose inventory is talked about on this article.