14 Upcoming Dividend Increases Including 2 Kings

Dividend Increases Overview - Fourteen companies are set to increase their dividends, including two Dividend Kings: Nordson Corporation (NDSN) with a 14.7% increase and Dover Corporation (DOV) with a 1% increase [2] - The average dividend increase across the group is 10.9%, with a median increase of 7.9% [2] - People's Financial Services Corp is notable for a significant 50% increase in its dividend [2] Dividend Streak Categories - Companies are categorized based on their dividend growth history: - Kings (50+ years): 2 companies - Champions (25+ years): 2 companies - Contenders (10-24 years): 6 companies - Challengers (5+ years): 4 companies [7] Upcoming Dividend Increases - The list of companies with their respective details includes: - Cactus, Inc. (WHD): 5-year streak, 8.33% increase - Murphy USA Inc. (MUSA): 5-year streak, 2.27% increase - Nordson Corporation (NDSN): 61-year streak, 14.71% increase - Dover Corporation (DOV): 69-year streak, 0.98% increase - Peoples Financial Services Corp. (PFIS): 8-year streak, 50.61% increase [8][11] Ex-Dividend Date Explanation - The ex-dividend date is crucial for investors to qualify for upcoming dividends, requiring shares to be purchased by the end of the preceding business day [5] Performance Metrics - Current prices, 52-week lows, 52-week highs, and P/E ratios for the companies are provided, indicating their market performance and valuation [13] - Notable metrics include: - CBOE: 366% total return - RBA: 329% total return - NDSN and GS: 244% total return each [20] Investment Strategy Insights - The investment strategy focuses on companies with consistent dividend growth and performance exceeding benchmarks, specifically using the Schwab U.S. Dividend Equity ETF (SCHD) as a reference [19] - Companies like CBOE and RBA are highlighted for their strong total return profiles and consistent historical dividend growth, suggesting potential for future investment [21]