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3M: Fifty-Nine Years of Dividend Increases February 9, 2017

Joseph Sroka, CFA, CMT Chief Investment Officer, NovaPoint Capital LLC jsroka@novapointcapital.com The Board of Directors of 3M (ticker: MMM) announced an increase in the quarterly cash dividend on the company’s common stock to $1.175 per share from $1.11, a 5.9% increase.  This is the 59th consecutive year the company has raised its dividend. 3M is one of the stock holdings in NovaPoint Capital’s Dividend Growth Strategy.  Our Strategy seeks to own high-quality, dividend-paying stocks with a track record of annual…

Pentair: Dividend Flows December 11, 2015

Joseph Sroka, CFA, CMT Chief Investment Officer NovaPoint Capital LLC jsroka@novapointcapital.com Earlier this week, the Board of Directors of Pentair (ticker: PNR) announced an increase in the 2016 dividend on the company’s common stock to $1.34 from $1.28, a 4.7% increase.  This is the 40th consecutive year the company has raised its dividend.  The payment schedule is $0.33/share per quarter for each of the first two quarters of 2016 and $0.34/share per quarter for each of the last two quarters….

Ecolab: A Tidy Dividend Increase December 3, 2015

Joseph Sroka, CFA, CMT Chief Investment Officer, NovaPoint Capital LLC jsroka@novapointcapital.com The Board of Directors of Ecolab (ticker: ECL) announced an increase in the dividend on the company’s common stock to $0.35 per quarter from $0.33, a 6% increase.  This is the 24th consecutive year the company has raised its dividend. Ecolab is one of the stock holdings in NovaPoint Capital’s Dividend Growth Strategy.  Our Strategy seeks to own high-quality, dividend-paying stocks with a track record of annual dividend increases. …

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