Polliesdividend

Expected Dividend Increases in July 2018

Expected Dividend Increases in July for my Vrijheid Fonds.

If you have visited Polliesdividend more often, you know that I track the dividend increases of the companies in myVrijheid Fonds. There have been quite a few dividend increases announced so far in 2018 for my Vrijheid Fonds. The counter is now on 20 announcements already!!  It definitely has been a fun time to be a dividend growth investor. In this post I try to summarize as many companies that are expected to announce a dividend increase in the coming month.

 

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Why you ask? I find it fun to track the dividend increases because I like companies that regularly increase their dividend. I believe that companies can only increase their dividends regularly if they grow earnings sufficiently. And it is the most outward sign by management as to how business is going. These companies show confidence in the potential growth of future earnings. And that are the kind of companies I like in my Vrijheid Fonds.

 

Last month

But before I take a look at the month of July, just let us first look back if the companies of the previous month’s article did what I expected.

 

 

Target (TGT)

On June 13th TGT announced a 3.2% increase of their quarterly dividend rate, from $0.62 per share to $0.64 per share. For more information about this increase see my post about this Dividend increase of Target.

This increase is lower than last years increase, and I must admit it was a little bit disappointing. And it was lower side of my prediction. The decline in its annual dividend growth is unfortunately going on.

  2018 2017 2016 DGR-10yrs
TGT 3.2% 3.3% 7.1% 16.7%

Table 1. Dividend increases of TGT

 

Realty Income (O)

This fresh Dividend Aristocrat has raised its dividend like clockwork. On June 19th Realty Income announced a 0.2% increase of their monthly dividend rate, from $0.2195 per share to $0.22 per share. For more information about this increase see my post about this dividend increase of Realty Income. This increase is in line with their increase of last years June and I was spot on with my prediction.

  2018 June  2017 June  2016 June  DGR-10yrs
O 0.2% 0.2% 0.3% 4.4%

Table 2. Dividend increases of O

 

These were my dividend increase for the month of June. All these nice increases are responsible that my annual dividend will increase with a total of €2.28. My Vrijheid Fonds is working for me and gives me some extra money, and this just by doing nothing!

 

Next month

Here are my predictions for the dividend increases I expect in July.

 

Omega Healthcare Investors (OHI)

Normally I would write here, that an increase would be expected in the month of July. However OHI announced a dividend freeze for 2018 🙁 . For some more information about this dividend freeze and what my actions were after this announcement, please read my post: What to do with Omega Healthcare Investors?

So no dividend increases are expected for my Vrijheid Fonds in the month July of 2018.

 

Finally

I’m excited how my predictions will turn out. I made some extra money, just by doing nothing. This is what passive income is all about!

And if we take a look at the month of July, I don’t expect any announcements of dividend increase for the companies of my Vrijheid Fonds. Lets hope that I will receive some increases in August!

Which dividend increase are you expecting?

I like to hear from you.

Cheers,

Pollie

 

Disclaimer: I’m not a registered investment adviser, investment professional, brokerage firm or investment company. Readers are advised that information on the website is issued solely for information purposes and not to be construed as an offer or recommendation to buy, hold, or sell any securities. All information, opinions, and analyses included are based on sources believed to be reliable, but no representation or warranty is made concerning accuracy, correctness, timeliness, or appropriateness. Please consult with an investment professional before investing any of your money.

 

 

 

 

 

 

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