6 Upcoming Dividend Increases Including A King

Dividend Increases Overview - The article discusses recent dividend increases, highlighting six companies, including Lowe's, which has a 62-year dividend growth streak with a 4.5% increase [2][6] - The average increase across the group is 10.8%, with a median of 11%, potentially the highest seen this year [2] Company Data - Lowe's Companies, Inc. (Ticker: LOW) has a forward yield of 0.47% and a dividend increase of 4.5% [7] - Caterpillar Inc. (Ticker: CAT) has a 31-year streak, a forward yield of 0.39%, and an 8.5% increase [7] - The Bank of New York Mellon Corporation (Ticker: BK) has a 14-year streak, a forward yield of 0.73%, and an 11.9% increase [7] - AptarGroup, Inc. (Ticker: ATR) has a 31-year streak, a forward yield of 0.31%, and a 10% increase [7] - Marsh & McLennan Companies, Inc. (Ticker: MMC) has a 15-year streak, a forward yield of 0.37%, and a 14.8% increase [7] - Unum Group (Ticker: UNM) has a 16-year streak, a forward yield of 0.78%, and a 15.1% increase [7] Performance Metrics - The article provides historical pricing data, including current prices, 52-week lows, and highs for each company [12] - The P/E ratios for the companies are as follows: CAT at 29.69, BK at 8.85, LOW at 21.46, ATR at 40.42, MMC at 29.15, and UNM at 5.08 [13] - The percentage off the 52-week low and high is also detailed, indicating the current market position of each stock [14] Dividend Growth Rates - The article includes a table of historical dividend growth rates over 1, 3, 5, and 10 years for each company, with LOW showing a 5-year growth rate of 18.1% [16] - The "Chowder Rule," which combines current yield and 5-year dividend growth rate, is also presented, with LOW scoring 20 [16] Historical Returns - The article compares the performance of the companies against the Schwab U.S. Dividend Equity ETF (SCHD), noting that LOW has returned 514% over the past decade, significantly outperforming others [20] - Underperformers include ATR (157%), BK (116%), and UNM (115%), while top performers include LOW (514%), MMC (407%), and CAT (328%) [20]