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 …

Microsoft’s Dividend Increase and the Strategy of Dividend Growth Investing

September 18, 2015

This week, the board of directors of Microsoft (ticker: MSFT) declared a quarterly dividend on the company’s common stock of $0.36 per share for the first quarter of FY16, a 16.1% increase over the dividend paid for the same quarter a year ago. This is the sixth consecutive year the company has raised its dividend. …