Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

14 Dividend Stocks Rewarding Shareholders With A Raise

Page 1 of 4

Every week, I go through the list of dividend increases as part of my monitoring process. I usually focus on those companies that have raised dividends for at least a decade. I then focus on things like growth in earnings per share, in order to gauge the possibility of further dividend growth in the future.

I also focus on valuation – even the best company in the world is not worth overpaying for. The discussion behind each company outlines my basic review process for proceeding with promising ideas or discarding them. I post it for educational purposes to my readers.

The companies that increased their dividends include:

Genuine Parts Company (NYSE:GPC) distributes automotive replacement parts, industrial replacement parts, office products, and electrical/electronic materials in the United States, Canada, Mexico, Australia, New Zealand, Puerto Rico, the Dominican Republic, and the Caribbean region. The company raised its quarterly dividend by 2.70% to 67.50 cents/share. This marked the 61st consecutive annual dividend increase for this dividend king. Over the past decade, Genuine Parts Company (NYSE:GPC) has managed to increase annual dividends at a rate of 6.90%/year. The company managed to grow earnings from $2.98/share in 2007 to $4.59/share in 2016. The company is expected to earn $4.77 share in 2017. The stock is overvalued at 21 times forward earnings and yields 2.80%. It would be worth a second look on dips below $92/share. Check my analysis of Genuine Parts Company (NYSE:GPC) for more information.

Follow Genuine Parts Co (NYSE:GPC)
Trade (NYSE:GPC) Now!

Wal-Mart Stores Inc (NYSE:WMT) operates retail stores in various formats worldwide. It operates through three segments: Walmart U.S., Walmart International, and Sam’s Club. The company raised its quarterly dividend by 2% to 51 cents/share. This marked the 44th consecutive annual dividend increase for this dividend champion (1). Over the past decade, Wal-Mart Stores Inc (NYSE:WMT) has managed to increase annual dividends at a rate of 11.80%/year. The company managed to grow earnings from $3.16/share in 2007 to $4.38/share in 2017. The company is expected to earn $4.33/share in 2018 and $4.54/share in 2019. The stock is attractively priced at 16.70 times forward earnings and yields 2.90%. Given the lack of earnings growth over the past four – five years, and the slowdown in dividend growth, I view Wal-Mart Stores as a hold at best. Check my analysis of Wal-Mart Stores Inc (NYSE:WMT) for more information.

Follow Wal Mart Stores Inc (NYSE:WMT)
Trade (NYSE:WMT) Now!

NextEra Energy Inc (NYSE:NEE), through its subsidiaries, generates, transmits, and distributes electric energy in the United States and Canada. NextEra Energy Inc (NYSE:NEE) raised its quarterly dividend by 12.90% to 98.25 cents/share. This marked the 23rd consecutive annual dividend increase for this dividend achiever (2). Over the past decade, the company has managed to increase annual dividends at a rate of 8.80%/year. The company managed to grow earnings from $3.27/share in 2007 to $6.25/share in 2016. NextEra Energy Inc (NYSE:NEE) is expected to earn $6.63/share in 2017. The stock is fairly valued at 19.80 times forward earnings and yields 3.10%.

Follow Nextera Energy Inc (NYSE:NEE)
Trade (NYSE:NEE) Now!

Page 1 of 4