We have been saying this for months now. The following are good dividend stocks to buy for 2021 because their companies increased the dividend payouts during the pandemic and have performed remarkably well. They announce a dividend increase once every several years. Financial Statements Get ready to create some new memories, grow our passive income, and push ourselves one step closer to financial freedom. Financial Statements Valuation is one—in addition to a modest 1.7% yield that’s in line with the broader market, the company trades at a price/earnings-to-growth ratio of 3.4. They can: And unlike the stocks above, all 7 of these low-key dividend growers are bargains right now. View our full suite of financial calendars and market data tables, all for free. Major oil companies, such as Shell and BP, slashed their dividend to preserve their cash and improve their balance sheets. Moreover, they had above-average cash-flow coverage ratios—a key financial strength measure. ABT made a splash in December when it announced a 25% increase to ... ABT's ability to keep up a dividend-growth rate ... Gain in 2021 (Bull or Bear!) Dividend Increases are back and it contributed to yet another CRAZY month of dividend increases. The cash dividend is payable Feb. 16, 2021, to shareholders of record at the close of business on Jan. 15, 2021. With another year of dividend investing behind us, we are all looking forward to the new year. The previous Abbott Laboratories dividend was 36c and it went ex 3 months ago and it was paid 2 months ago. However, both Exxon and Chevron maintained their dividend. They then cut the list into four different groups based on their dividend growth over the five-year period. The entertainment sector is facing fierce competition, as the streaming wars continue to intensify. We will look at three health care companies that have recently announced dividend increases and whether or not they are a good buy at the moment. In September, for instance, MA rolled out a testing platform that “allows central banks to evaluate use cases and test roll-out strategies for CBDCs.”. The previous BP plc - ADR dividend was 31.5c and it went ex 2 months ago and it was paid 17 days ago. The company’s dividend yield is close to 2% and they have a very strong double-digit dividend growth rate. Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter. The company’s EPS rose 30.2% over the prior year period to $0.69. Well, Mastercard didn’t know the socks off of their shareholders. Dividend Aristocrat Abbott Laboratories (ABT) will raise its quarterly dividend by 25% to $0.45 per share in the first quarter of 2021. Broadcom (AVGO) is a semiconductor designer and manufacturer whose products are used heavily in communications and connectivity—networking, datacenters, broadband and wireless technology, and more. Want to see which stocks are moving? Here is the next installment of our monthly expected dividend increases series! Fortunes will be made and lost in 2021. ABT made a splash in December when it announced a 25% increase to its payout, to 45 cents per share. Abbott Laboratories pays out 44.44% of its earnings out as a dividend. Do Not Sell My Information. The new Abbott Laboratories would specialize in diversified products including medical devices, diagnostic equipment and nutrition products, while … No Dividend Cuts In 2020, Many Increases For Our Market-Beating Dividend Growth Portfolio Dec. 24, 2020 5:56 AM ET AAPL, ABT, BLK... 52 Comments 61 Likes Dale Roberts There are 65 so-called “dividend aristocrats,” which is the name given to companies that have managed to increase their dividends for 25 consecutive years. Mastercard has 8 times the cash it needs to finance the payout at current levels, and that doesn’t account for any future gains it makes in cash generation. I wonder what T will do as well. Reply. There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.3. 1 0. The market has started keying in on value after squeezing every drop of profit from growth, so these low-volatility dividends are about to become en vogue again. The clock just started on the biggest financial event in 20 years. “Paying a … Dividend income from my IRA account totaled $126.28 down from $139.07 from this time last year. The cash dividend is payable Feb. 16, 2021, to shareholders of record at the close of business on Jan. 15, 2021. And here, we can have faith that AVGO can keep it up; that’s because despite the company’s lust for M&A, Broadcom generates more than enough cash to dole out to shareholders. Man, I told you that December was a busy month. Mastercard (MA)  – Earlier in the year, Visa announced a 6.7% dividend increase. Dividend Yield: 1.6%. The price per barrel collapsed at the beginning of 2020 and the sector has yet to recover. Abbott has increased its dividend payout for 49 consecutive years and is a … Dividend income from my taxable account totaled $728.80 up from $584.61 an increase of 24.7% from November of last year. ABM Industries (ABM) – ABM announed a 2.7% dividend increase. This slide show lists the 20 companies that have the lowest average analyst recommendations from Wall Street's equities research analysts over the last 12 months. Abbott today announced that its board of directors has increased the company's quarterly common dividend to 45 cents per share, reflecting a 25% increase. Date Rec. What was the largest increase you received? Here’s Where to Get in on Tattooed Chef (NASDAQ: TTCF) Stock, FuelCell Energy (NASDAQ:FCEL) Rating Lowered to Hold at Zacks Investment Research, Stock exchange delisting 3 China companies under Trump order, Fiverr (NYSE: FVRR) is Just Getting Started, Receive Analysts' Upgrades and Downgrades Daily. Your email address will not be published. Time to roll up our sleeves and continue investing in income producing assets! The company operates in consumer staples sectors. For example, if a stock pays a 3% current yield and then hikes its payout by 10%, it’s unlikely that its stock price will stagnate for long. Dividend Aristocrat Abbott Laboratories (ABT) will raise its quarterly dividend by 25% to $0.45 per share in the first quarter of 2021.This is by far the biggest increase announced by the company since it separated from fellow Aristocrat AbbVie (ABBV). ABT has increased its dividend from $0.24 in 2015 to $0.36 in 2020. Argus examined the recent performance of the roughly 500 stocks that make up the “Argus Universe of Coverage,” then reduced that list to 400 by excluding stocks that haven’t paid dividends over the past five years. Robert B. Ford, the company's president and chief executive, said, "The increase reflects the strength and momentum of Abbott's diversified business and our ability to invest in future growth while returning immediate value to shareholders." We have been saying this for months now. Abbott has certainly delivered the goods, however. Reply. We were DEFINTIELY shocked. While profits have been all over the board in that time, the broader trend has been up, and that has helped drive a nearly 33% annual return over the past five years. Dividend Summary. Export data to Excel for your own analysis. Learn more. Microsoft (MSFT), which has paid a dividend since 2003, declared a quarterly disbursement of 56 cents a share, up nearly 10% from 51 cents. Abbott Laboratories (ABT) recently increased its quarterly dividend 25% to $0.45 per share. The dividend looks safe when all is considered and the dividend increase of 12.50% this year continues a very nice trend of increases. There will be a lot of mystery here for Intel. The cash dividend is payable Feb. 16, 2021, to shareholders of record at the close of business on Jan. 15, 2021. Get full details—names, tickers, best-buy prices and more—on all 7 of these stout dividend growers now. It would definitely be some positive news for the company and possibly the sector in general. Look at how much that little table tells us. If a stock is valued near, or slightly below the market average, research has shown that the market expects the stock’s dividend to increase. Required fields are marked *. Enjoy that 10% dividend increase shareholders! Dividend Increases are back and it contributed to yet another CRAZY month of dividend increases. Reply. Let’s buckle up and get ready for an exciting January. Here were the featured increases from the sector: Darden Restaurants (DRI) – It doesn’t get much more shocking than this dividend increase. If a stock is valued near, or slightly below the market average, research has shown that the market expects the stock’s dividend to increase. Unfortunately, due to the volume of dividend increases, I cannot discuss them all in detail (but I will do my best to cover as many as I can)! Abbott has increased its dividend payout for 49 consecutive years and is a member of the S&P 500 Dividend Aristocrats Index , which tracks companies that have increased dividends annually for at least 25 consecutive years. On the dividend front, Comcast has a strong dividend growth rate and I would expect their January dividend increase announcement to fall in line with their recent history. ABT Dividend Date. AT&T's directors have approved a 2.4% increase in the company's quarterly dividend, as well as plans to repurchase 300 million shares. Or will the company shock us all and announce their annual dividend increase? In reality, a "buy" rating really means "hold." Company #1: Consolidated Edison (ED) –  It is only fitting that we start the list off with one of our Top 5 Foundation Dividend Stocks, right? 2/16/2021. I’m also not talking just plastic—Mastercard knows that digital currencies, not credit cards, could be the future, and it’s already developing technologies to ensure it’s relevant there, too. Let’s put a few recent massive raisers to the Argus test. A stock’s Dividend Uptrend rating is dependent on the company’s price-to-earnings (P/E) ratio to evaluate whether or not a stock’s dividend is likely to trend upward. We had a blast breaking down what the heck is going on with AT&T on our YouTube Channel. Regardless of what happens well down the road, Wall Street’s “smart money” still sees good things for MA nearer-term, projecting 19% top-line growth and a 30% bottom-line recovery in 2021, which could very well help Mastercard shares keep rolling at their nearly 29% annual rate from the past five years. During the past decade, the company has managed to increase distributions at an annualized rate of 14.30%. Ned Davis Research, for example, conducted an oft-quoted study that found that between 1972 and 2010, the S&P 500’s average annual return was 7.3%, but dividend growers averaged 9.6%. KMB has increased its dividend for 46 consecutive years! View which stocks are hot on social media with MarketBeat's trending stocks report. You’ll need it, given AVGO’s current fractional yield. Still on the right track I would say. Expected timing of Dividend Increase Announcement –  End of the month. Company #3: Air Products and Chemicals, Inc (APD) – I am not too familiar with Air Products and Chemicals, outside of their status as a Dividend Aristocrat. This should be interesting due to Intel’s crazy end of the year. Abbott Laboratories (NYSE: ABT) announced a dividend increase on Dec. 11. A multiple of 3.4 is certainly rich. Instead, the company sells gas and chemicals to industrial companies. Receive a free world-class investing education from MarketBeat. The Best of the Rest – This section will briefly list any remaining dividend increases that have not been covered. Investing behind us, we are all looking forward to see all delays. The 21st consecutive annual dividend of $ 1.44, which translates to a dividend increase the! Were positive and therefore, Big Banks began announcing large share repurchase programs sector in.! It announced a 25 % love to see what CVX and ED does ( since... 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