Dominion Resources: D is for Dividend

December 18, 2015

Joseph Sroka, CFA, CMT Chief Investment Officer, NovaPoint Capital LLC jsroka@novapointcapital.com The Board of Directors of Dominion Resources (ticker: D) announced an increase in the dividend on the company’s common stock to $0.70/share per quarter from $0.6475, an 8.1% increase.  This is the 13th consecutive year the company has raised its dividend. Dominion Resources is …

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 …

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 …

Becton Dickinson: Healthy Dividend Increase

November 24, 2015

Joseph Sroka, CFA, CMT Chief Investment Officer, NovaPoint Capital LLC jsroka@novapointcapital.com The Board of Directors of Becton Dickinson (ticker: BDX) announced an increase in the dividend on the company’s common stock to $0.66 per quarter from $0.60, a 10% increase.  This is the 44th consecutive year the company has raised its dividend. Becton Dickinson is …

Nike Steps up its Dividend

November 20, 2015

Joseph Sroka, CFA, CMT Chief Investment Officer, NovaPoint Capital LLC jsroka@novapointcapital.com Nike (ticker: NKE) announced an increase in the dividend on the company’s common stock to $0.32 per quarter from $0.28, a 14.3% increase.  This is the 14th consecutive year the company has raised its dividend.  The company also announced an increase in its share …

Prudential Financial: Solid Dividend Increase

November 12, 2015

Earlier this week, Prudential Financial (ticker: PRU) announced an increase in the dividend on the company’s common stock to $0.70 per quarter from $0.58, a 20.7% increase.  This is the 7th consecutive year the company has raised its dividend. Prudential Financial is one of the stock holdings in NovaPoint Capital’s Dividend Growth Strategy.  Our Strategy …

Aflac and VF Corp Both Recently Announced Dividend Increases

November 2, 2015

In late October, both Aflac (ticker: AFL) and VF Corporation (ticker: VFC) announced increases in their quarterly dividends. Aflac declared an increase in the dividend on the company’s common stock to $0.41 per quarter from $0.39, a 5.1% increase.  This is the 33rd consecutive year the company has raised its dividend. VF Corp declared an …