It has been a long, long time since we have published one of these articles on our website. For those of you who are not familiar, for the first year and a half of our website, every month we published a listing of Dividend Aristocrats that we are expecting to announce a dividend increase in the coming month. Why did we bring back the article this month? Well, because there are some epic names (both Aristocrats and non-Aristocrats) on April’s listing. Let’s dive in!
All, I am very proud to say this, but this article series has come around full circle. One of the very first articles we wrote on this blog was about Dividend Aristocrats that were expected to announce a dividend increase during June, 2014. This article will represent our 12th summary and you know what that means, our website is getting ready to celebrate its one year anniversary! As a refresher, this monthly article series stemmed out of a love that me, Lanny, and many other dividend growth investors share….increasing dividends! So much so that it turned into a game as we would try our best to predict the increase that would be announced. While the game was fun, it was centered around the central idea that dividend growth is crucial for any DGI portfolio so that we can build a steady, growing income stream. Without the growth, our income stream would begin to lose its purchasing power annually as the growth in inflation would slowly erode the value of the income stream. With that being said, lets take a look at the first article in Year 2 and see which dividend Aristocrats are expected to announce a dividend increase in May.
One quarter is almost in the books. Lanny and I had quite the active month and added some nice dividend income to our portfolios, as Lanny purchased CAT (twice) and HCP and swapped LO for PM last week while I added four new stocks to my portfolio and re-upped my position in one tobacco stock (I’m not spoiling the surprise completely). As I said, a crazy month for us. While we were active and many companies paid dividends in March, it was a relatively quiet for Dividend Aristocrats as only a few were set to announce increases last month. Will that change in April? Did the companies follow through with their expected dividend increases last month? Let’s find out!