in Kroger. During the past decade, Kroger has managed to grow dividends at an annualized rate of 13.80%. Kroger managed to grow earnings per share from 95 cents/share in 2009 to $2.17/share in 2022. The 2018 numbers are adjusted to exclude the gain on sale of Kroger’s convenience store business. The company is expected to...
The US stock market has been turbulent recently. As a Dividend Growth Investor, I usually ignore stock price fluctuations, unless I am looking to buy a quality stock at a discount. As a long-term investor, I focus on growing my dividend income. Dividends are more stable, predictable and reliable than stock prices. Dividends also tend...
Air Products and Chemicals, Inc. (APD) provides atmospheric gases, process and specialty gases, performance materials, equipment, and services worldwide. This dividend aristocrat has paid distributions since 1954 and increased dividends on its common stock for 40 years in a row. The company’s last dividend increase was in February 2022 when the Board of Directors approved...
A. O. Smith Corporation (AOS) manufactures and markets residential and commercial gas and electric water heaters, boilers, and water treatment products in North America, China, Europe, and India. The company is a dividend aristocrat with a 28-year history of annual dividend increases. The last dividend increase occurred in early October 2021, when the board of...
Stanley Black & Decker, Inc. (SWK) engages in the tools and storage, industrial, and security businesses worldwide. The company raised its quarterly dividend by 12.90% to 79 cents/share in July 2021. This marked the 54th consecutive annual dividend increase for this dividend king. Stanley Black & Decker’s CEO, James M. Loree, commented, “I am pleased...
Coca-Cola (KO) is a dividend king, which has managed to increase dividends to shareholders for 57 years in a row. The company has paid dividends for 100 years. It is a widely-owned company, and a favorite for many dividend investors. In 1919, Coca-Cola had its IPO. The stock sold at $40/share to investors and had...
Janus Henderson is a money manager, which has shared some interesting data reports in the past. I recently read their 33rd Global Dividend Index, and found some interesting pieces of data to share. The report shows a long-term study in global dividend trends. It shows dividend growth between various regions for example. It shows that...
Berkshire Hathaway is the holding company of super-investor Warren Buffett. He transformed a struggling textile mill into a conglomerate with a significant portfolio of equites and significant interests in railroads, insurance, utilities, industrials etc. Because of the size of his equity portfolio investments, Berkshire Hathaway has to report its US equity holdings every quarter to...
I review the list of dividend increases every week, as part of my monitoring process. I usually focus my attention on the companies with a ten year streak of annual dividend increases, and then review each company using my criteria. I am always on the lookout for new ideas, and to determine if my existing holdings...
I like to study successful investors, as part of my effort to continuously improve on my process. Tom Russo is one such investor. I believe I can learn from him. Between 1990 and 2021, his fund, Semper Vic Partners delivered a total return of 12% to its investors. This was better than the 11.10% return...