Expected Dividend Increases in July 2020

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 2020 for my Vrijheid Fonds. The counter is now on 21 announcements already!!  Unfortunately, I also had to except 3 dividend cuts and 2 suspended dividends. 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 and my expected dividend increases, just let us first look back if the companies of the previous month’s article did what I expected.


Target (TGT)

On June 11th TGT announced a 3% increase of their quarterly dividend rate, from $0.66 per share to $0.68 per share. For more information about this increase see my post about this Dividend increase of Target.

This increase is slightly lower than last year’s increase. With the good numbers in 2019 and a good start for 2020 I must admit it find this increase a little bit disappointing. And yes, it was lower than I have predicted. TGT has a great Payout ratio of around 50%, but unfortunately there is a decline in its annual dividend growth.

  2020 2019 2018 2017 2016 DGR-10yrs
TGT 3.0% 3.1% 3.2% 3.3% 7.1% 14.6%

Table 1. Dividend increases of TGT


Realty Income (O)

Visitors of my site who come here regular, know that I love this company. Realty Income still raises its dividend like clockwork. On June 9th Realty Income announced a 0.2% increase of their monthly dividend rate, from $0.233 per share to $0.2335 per share. For more information about this increase see my post about this dividend increase of Realty Income Juni 2020. This increase is in line with their increase of last years June and I was spot on with my prediction.

  2020 June 2019 June 2018 June 2017 June DGR-10yrs
O 0.2% 0.2% 0.2% 0.2% 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 €2.40 ($2.69). 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.
Well I can be very short about this. I don’t expect dividend increases for my Vrijheid Fonds in the month July of 2020.



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? And how was your month of June? I like to hear from you.




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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