A company's existing dividend growth streak is a track record that gives insight into its ability and intention to
continue raising the dividend each year.
Not exact matches
The company increased its
dividend by 15 percent in 2013 and 8 percent last
year, and said last April that it plans to
continue to
raise its
dividend on an annual basis.
I think the company will
continue to thrive in the upcoming
years and its shareholders will be rewarded with juicy
dividend raise year after
year.
A company doesn't have to
raise its
dividend every
year but it should
continue to pay them.
Companies that have a history of
raising the
dividend year on
year are more likely to
continue doing so.
By definition, any stock currently in the portfolio
continued to
raise its
dividend even during the crisis
years of 2008 and 2009.
And while there is no guarantee that they will
continue to
raise their
dividends going forward, the 10 -
year criteria ensures that you own a portfolio of some of the highest - quality growth companies in the world.
Shares yield just over 2 % at the current price, but investors can take comfort in knowing that the company will
continue to
raise its
dividend each and every
year going forward.
Moreover, I'm
continuing to invest fresh capital every single month into high quality companies that have a history of
raising dividends just like I have been for the last 3 +
years.
Many of these types of companies
continued to
raise their
dividends even during the 2008 — 2009 financial crisis, although some were compelled to put increases on hold for several
years.
Despite commodity price volatility, CN
raised its
dividend by 20 % earlier this
year and expects to
continue increasing its
dividend at a faster rate than overall earnings growth.
Most of these stocks will
continue to
raise their
dividends in the coming
years, but some are at risk, they have low
Dividend Safety Scores, and are likely to cut their
dividends.
Obviously, a company that has already
raised its
dividend for 5
years in a row has compiled a track record that suggests that it might
continue to do so.
Then in June, the company
raised its
dividend by 21 %,
continuing its impressive
dividend increase streak of 46
years.
I think the company will
continue to thrive in the upcoming
years and its shareholders will be rewarded with juicy
dividend raise year after
year.