A double -
digit dividend increase is the most tangible evidence of an improving business.
For example, Columbia Management expects double -
digit dividend increases for S&P 500 stocks this year.
This bodes well for future dividend growth, as double -
digit dividend increases seem all but guaranteed for the foreseeable future.
Not exact matches
However, these two consumer goods giants have
increased their
dividends in the mid single
digits in recent years, while relatively tiny Hormel is still growing its
dividend in the mid-teens.
They (e.g., Apple) also announced concurrently, that the current payout of
dividends would also
increase by double -
digit percentages.
Add in some steady business expansion and
dividend increases, and patient investors get rewards that sometimes equate to triple -
digit percentage gains.
Beat the market with the best
dividend stocks that will not only bring your portfolio double and triple -
digit winners, but also provide a decent
dividend to
increase your overall returns.
From 2003 — 2010, United Technologies grew its
dividend by more than 10 % each year and in most other years has
increased dividends in the high single percentage
digits.
I would count on consuming
dividends from stocks with a reasonable degree of certainty that it will keep pace with inflation (that's the long - term record, the double -
digit increases of the recent past were not sustainable anyway).
Just goes to show that with fresh capital, reinvestment and
dividend increases double
digits are possible.
Since
increasing dividends by double -
digits from 2003 — 2008 (when the company
increased dividends twice a year), RLI has slowed its
dividend growth rate.
Bunge has a good record of
dividend growth, with annual
increases in the high single
digits or low double
digits.
The company has
increased its quarterly
dividend by no more than a penny a share since 2010, resulting in annual
dividend growth in the low to mid-single
digits.
Northrop Grumman has an excellent record of
dividend growth, with many years of double
digit increases.
Companies which might have had a long history of consistent double
digit increases might stop raising
dividends and might even cut them.
Like NEE, Dominion has had very good
dividend growth and has announced intentions to continue double -
digit annual
increases through 2020.
Thus, barring some seemingly unlikely turnaround in worldwide investor sentiment (active funds becoming more popular than passive),
dividend investors must expect future payout
increases to slow far below their historical double -
digit rates, perhaps to 7 % to 8 % in the short - term (1 - 3 years) and 4 % to 5 % over the next decade.
PEP has a long history of
increasing dividends annually and I anticipate this to continue going forward; I would be happy with high single -
digits, if not low double -
digits.
The company has a good record of
dividend growth and has recently been
increasing its
dividend very quickly, with double
digit increases since 2011.
I would expect low to mid-single
digit percent annual
increases in the
dividend over the next several years as a basis for reducing the payout ratio.
They've already made good on that with a 10 %
increase earlier this year; double -
digit dividend growth looks poised to continue for the foreseeable future.
Dividends provided the only gains for the S&P 500; the index's total return was 1.38 % Cash payments on the benchmark rose 10 % in 2015, marking the fifth consecutive year of double -
digit percentage
increases.
Since 2011, the year - over-year
dividend increases have been in the double
digits, giving the company a 5 - year average
dividend growth rate of 17.27 %.
Three double -
digit increases punctuated eight
dividend growth announcements this week.
He expected the Chicago - based mall operator, the nation's second largest, to keep spitting out cash and
increasing dividends at double -
digit rates.