The stock market really has slid, as of late, which is beautiful to a dividend investor. Not only are companies announcing larger dividend increases, due to the savings from the “Tax Act”, but they are also starting to go “on-sale”. Due to these events, I wanted to write my dividend stock watch list for the month of February. I am entering the grocery store here with an empty cart, seeing what stocks are ripe enough to go through the check-out line with me. Time to get to the stocks, so grab a cup of coffee and come read.
What a month it has been for dividend increases! Each month, I highlight the companies that are expected to announce a dividend increase in the coming month. For the first time, I am speechless. In January, I highlighted three companies that were expected to increase their dividend in the coming month. But man was I blown out of the water with all of the dividend increases that were announced. February will have some tough shoes to follow! Enough talk, let’s dive right in and summarize the companies that increased their dividend in January and which companies are expected to announce a dividend increase in February.