DivGro

On May 29, Lowe’s (LOW) increased its dividend by 4.17%, from $1.20 to $1.25 per share. The dividend is payable on August 5 to shareholders of record on July 22. LOW’s contribution to DivGro’s projected annual dividend income will increase by $15 to $375.

On May 20, NVIDIA (NVDA) increased its dividend by 2,400%, from 1¢ to 25¢ per share. The dividend is payable on June 26 to shareholders of record on June 4. NVDA’s contribution to DivGro’s projected annual dividend income will increase by $192 to $200.

On May 19, Northrop Grumman (NOC) increased its dividend by 6.93%, from $2.31 to $2.47 per share. The dividend is payable on June 17 to shareholders of record on June 1. NOC’s contribution to DivGro’s projected annual dividend income will increase by $15 to $227.

To minimize the risk of dividend cuts, I invest only in the highest-quality dividend growth [DG] stocks. I use a quality scoring system to assess the quality of DG stocks. My quality scoring system blends qualitative expert assessments with quantitative financial metrics and rates DG stocks on a 10-point scale… Read More »My Top Dividend Growth Picks In Each GICS Sector