Dividend raises mean higher payouts and more money for me to purchases additional shares with. Below are four companies I own that I’m expecting a raise from in July. Three of them have been raising the dividend more than once a year!
First is Kinder Morgan, (KMI). KMI has raised their dividend every quarter for 5 straight quarters now with the last raise of $0.03/share higher than the previous. KMI has a 5-year history of raising their dividend at least once a year. I’m anxiously hoping for another raise in July to keep the streak going. Their declaration date is right around 07/16 or 07/17.
Next on my watchlist is Norfolk Southern. NSC has increased their dividend bi-annually since late 2013. However, NSC has a 14-year history of raising their dividend each year and is a Dividend Contdner. I’m hoping this streak continues and would expect an announcement around 07/22 if history is any guide.
Third of my watchlist is OHI. They have increased their dividend every quarter going back to 2012 and their yearly streak is 13 years long. I’d expect another penny raise from them to $0.55/share right around 07/15.
Fourth on my watchlist is Walgreens Boots Alliance (WBA). Walgreens is a Dividend Champion, having raised their dividend for 39 straight years! WBA is due for a raise but the third quarter raises have all been at different times. I’d expect a dividend raise announcement either this month or early in August.
Any other notable raises anyone is expecting? I think these are the only ones from companies that I currently own. It’s been easier to keep track with the color-coding of my Dividends page.