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10 Upcoming Dividend Increases
AlerusAlerus(US:ALRS) Seeking Alphaยท2024-06-06 18:37

Core Insights - The article highlights upcoming dividend increases from ten companies, with an average increase of 7.7% and a median of 7.6% [1] - The investment strategy focuses on acquiring companies that consistently raise dividends and outperform benchmarks [1] Group 1: Dividend Increases - The list includes companies with a history of at least five years of consistent dividend growth [2] - The companies featured have a range of dividend increase percentages, with notable increases from Victory Capital Holdings, Inc. at 10.45% and Hawthorn Bancshares, Inc. at 11.76% [7][10] - The ex-dividend dates for these companies are primarily in June 2024, with Travelers Companies, Inc. and CNO Financial Group, Inc. both set for June 10, 2024 [7] Group 2: Company Metrics - The forward yield for the companies ranges from 1.38% for Chubb Limited to 4.15% for Alerus Financial Corporation [7][8] - Current prices for the companies vary, with Travelers Companies, Inc. priced at $208.41 and CNO Financial Group, Inc. at $28.20 [12] - The historical performance of SCHD shows a return of about 181% over the past decade, with NDAQ, CB, and CPK outperforming this benchmark [20] Group 3: Investment Strategy - The investment approach emphasizes identifying stocks that consistently outperform the market while increasing dividends [19] - The analysis includes a focus on companies that have shown strong dividend growth, with NASDAQ being highlighted for its performance [21] - The article suggests a cautious approach to investing in companies that may have had rapid price increases followed by declines, as seen with NASDAQ [21]