A dividend increase shows a commitment to enhancing total shareholder returns through both strong business performance and returning cash to shareholders.
It is a testament to a diligent capital allocation and management framework, and it reinforces our commitment to deliver value for our shareholders. The increase in the dividend highlights the board of directors confidence in the company’s overall financial condition and its increasing earnings capacity. It usually shows that they are allocating capital with the best interest of shareholders in mind.
During the past week, there were several companies with established track records that rewarded their shareholders with a dividend increase. The companies include:
This is a list of companies for further review. Most seem attractive as businesses, but that doesn’t mean that they should be invested in at any price, regardless of valuation.
Companies listed in this post include: AES, AMGN, AXS, ECL, EGP, EMN, GGG, MA, MKC, MORN, MRK, NUE, RGCO, SLG, UHT, WEC