I’ve designed this text collection to maintain traders knowledgeable of upcoming dividend will increase. Any firm can enhance its dividend, however these corporations have a historical past of annual will increase. For dividend progress traders, this may be a chance to start out or add to positions earlier than a brand new elevated payout. Dividend enhance notifications will be particularly necessary for retirees who stay on dividend checks. Many corporations have additionally halted or lower their dividends through the pandemic, so receiving rising revenue could be very reassuring.
The lists I’ve compiled present varied stats for the stocks which are rising their dividends subsequent week.
This listing is a trimmed-down model solely masking dividend will increase. A full upcoming dividend calendar is all the time out there right here.
How It is Assembled
I created the data under by combining the “U.S. Dividend Champions” spreadsheet hosted right here with upcoming dividend data from Nasdaq. This meshes metrics about corporations with dividend progress historical past with upcoming dividend funds (and whether or not these funds are rising). These corporations all have a minimal five-year dividend progress historical past.
As some extent of clarification, corporations may not increase their dividend each calendar 12 months, however the complete annual dividend acquired will nonetheless be larger annually. One such instance is Bank of America ((BA)C).
Within the desk right here on SA, a shareholder’s annual dividend payout elevated for annually on this time-frame. Thus, it’s eligible for inclusion within the “CCC” listing.
That stated, it did pay out the identical quantity for eight quarters in a row, however once more, the whole annual quantity elevated annually.
What Is The Ex-Dividend Date?
The “ex-dividend” date is the date you’re not entitled to the dividend or distribution. You want to have made your buy by the previous enterprise day. If the date is a Tuesday, it’s worthwhile to have bought (or already owned) shares by the market shut on Monday. Bear in mind that for any stock going ex-dividend on a Monday (or Tuesday, if Monday is a vacation), you could personal it by the prior Friday.
Dividend Streak Classes
Listed below are the definitions of the streak classes, as I will be utilizing them all through the piece.
- King: 50+ years
- Champion/Aristocrat: 25+ years
- Contender: 10-24 years
- Challenger: 5+ years
The Fundamental Listing
Knowledge has been sorted by the ex-dividend day (ascending) after which by the streak (descending):
|Title||Ticker||Streak||Ahead Yield||Ex-Div Date||Enhance P.c||Streak Class|
|Lockheed Martin Company||(LMT)||18||2.53||30-Nov-20||8.33%||Contender|
|Tyson Meals, Inc.||(TSN)||8||2.59||30-Nov-20||5.95%||Challenger|
|Progress Software program Company||(PRGS)||5||1.63||30-Nov-20||6.06%||Challenger|
|Avery Dennison Company||(AVY)||10||1.53||1-Dec-20||6.90%||Contender|
|Churchill Downs Integrated||(CHDN)||9||0.31||3-Dec-20||7.06%||Challenger|
|Open Textual content Company – Frequent Shares||(OTEX)||7||1.59||3-Dec-20||15.01%||Challenger|
|D.R. Horton, Inc.||(DHI)||6||0.92||3-Dec-20||14.29%||Challenger|
|Lancaster Colony Company||(LANC)||57||1.61||4-Dec-20||7.14%||King|
|Capital Metropolis Bank Group||(CCBG)||7||2.29||4-Dec-20||7.14%||Challenger|
Streak: That is years of dividend progress historical past sourced from the U.S. Dividend Champions spreadsheet.
Ahead Yield: That is the brand new payout charge divided by the present share price.
Ex-Dividend Date: That is the date earlier than which it’s worthwhile to personal the stock.
Enhance P.c: The % enhance.
Streak Class: That is the general dividend historical past classification of the corporate.
Present Me The Cash
This is a desk mapping the brand new charges versus the outdated charges. It additionally reiterates the proportion enhance. This desk is sorted the identical manner as the primary desk (ex-dividend day ascending, dividend streak descending).
|Ticker||Outdated Charge||New Charge||Enhance P.c|
Listed below are some totally different metrics associated to those corporations, together with yearly pricing motion and the P/E ratio. The desk is sorted the identical manner because the desk above. A value investor may discover stock concepts with these corporations close to their 52-week lows as they might present extra margin of security and inflated yield.
|Ticker||Present price||52 Week Low||52 Week Excessive||PE Ratio||% Off Low||% Off Excessive|
|MCD||219.46||124.23||231.91||32.97||77% Off Low||5% Off Excessive|
|LMT||379.45||266.11||442.53||16.2||43% Off Low||14% Off Excessive|
|MAN||90.85||49.57||100.99||62.07||83% Off Low||10% Off Excessive|
|TSN||64.93||42.57||94.24||10.67||53% Off Low||31% Off Excessive|
|PRGS||40.42||28.09||52.5||32.48||44% Off Low||23% Off Excessive|
|NNI||70.19||36.7||73.92||18.02||91% Off Low||5% Off Excessive|
|AVY||151.86||76.96||156.82||23.87||97% Off Low||3% Off Excessive|
|CHDN||185.15||52.9||203.17||0||250% Off Low||9% Off Excessive|
|OTEX||43.89||29.12||47.85||43.47||51% Off Low||8% Off Excessive|
|DHI||76.2||25.51||81.21||11.46||199% Off Low||6% Off Excessive|
|LANC||173.74||114.55||184.97||37.17||52% Off Low||6% Off Excessive|
|CCBG||24.51||15.61||30.95||12.13||57% Off Low||21% Off Excessive|
Tickers By Yield and Progress Charges
Some traders are extra within the present yield, so this desk is sorted descending by yield. The desk additionally consists of a number of the historic dividend progress charges as a bonus. Moreover, the “Chowder Rule” has been included, the present yield + five-year dividend progress charge.
|Ticker||Yield||1 Yr DG||Three Yr DG||5 Yr DG||10 Yr DG||Chowder Rule|
With the Thanksgiving vacation this week, I’m skipping the additional commentary part. I will be again subsequent week with a extra detailed write-up.
I hope you discover this data useful. Let me know if you wish to see further information points or assist make this extra helpful.
As all the time, do your due diligence on any stock earlier than shopping for or promoting. Glad investing.
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Disclosure: I/we now have no positions in any stocks talked about, and no plans to provoke any positions throughout the subsequent 72 hours. I wrote this text myself, and it expresses my very own opinions. I’m not receiving compensation for it (apart from from Looking for Alpha). I’ve no enterprise relationship with any firm whose stock is talked about on this article.