© Reuters.
Companies often establish a pattern of raising dividends at the same time each year, which gives investors reliable cash flow and motivates them to stick around for the long term. Here’s the weekly list of companies that look set to increase their payments next week based on what they did this time last year, with help from StreetInsider and InvestingPro+ data.
Companies with strong earnings growth streaks
1. Anderson (NASDAQ:) by 2.9% last year It currently has an annualized yield of $0.72, a yield of 2%, and a payout ratio of 16.15%. Its earnings growth line is 26 years old.
2. Norwood Financial Corp (NASDAQ:) by 7.7% last year Currently it has an annual yield of $1.12, a yield of 3.3%, and a payout ratio of 31.35%. Its earnings growth line is 24 years.
3. Toro Co (NYSE:) by 14.3% last year Currently it has an annual yield of $1.20, a yield of 1.1%, and a payout ratio of 31.66%. Its earnings growth line is 18 years.
4. Arraya group (NASDAQ:) by 4.8% last year Currently, it has an annual yield of $0.22, a yield of 0.2%, and a payout ratio of 5.64%. Its earnings growth line is 15 years.
5. Farmers & Merchants Bancorp (NASDAQ:) Inc (NASDAQ:) by 5.6% last year It currently has an annual yield of $0.84, a yield of 2.9%, and a payout ratio of 28.94%. Its earnings growth line is 12 years.
6. Washington Trust Bancorp Inc (NASDAQ:) by 3.8% last year It currently has an annual yield of $2.16, a yield of 4.8%, and a payout ratio of 49.65%. Its earnings growth line is 11 years.
7. Fortune Brands (NYSE:) by 7.7% last year It currently has an annual yield of $1.12, a yield of 1.9%, and a payout ratio of 19.26%. Its earnings growth line is 9 years.
8. Ellie Lilly (NYSE:) by 15.3% last year It currently has an annualized yield of $3.92, a yield of 1.1%, and a payout ratio of 56.76%. Its earnings growth line is 7 years.
9. TFI International (NYSE:) by 17.4% last year It currently has an annual yield of $1.08, a yield of 1%, and a payout ratio of 13.12%. Its earnings growth line is 6 years.
10. WD-40 Corporation (NASDAQ:) by 8.3% last year It currently has an annual yield of $3.12, a yield of 1.9%, and a payout ratio of 62.36%. Its earnings growth line is 6 Years.
Dividend growth lines under 5 years
FMC Corporation (New York Stock Exchange 🙂 by 10.4% last year It currently has an annual yield of $2.12, a yield of 1.7%, and a payout ratio of 40.23%. Its earnings growth line is 4 years.
All Long Island (NASDAQ:) by 5.3% last year Currently, it has an annual yield of $0.84, a yield of 4.5%, and a payout ratio of 40.31%. Its earnings growth line is 3 years.
Franklin Resources (NYSE:) by 3.6% last year Currently, the annual yield is $1.16, the yield is 4.4%, and the payout ratio is 45.13%. Its earnings growth line is Two years.
Touchstone Bank (OTC:) by 7.1% last year Currently it has an annual yield of $0.28, a yield of 2.9%. Its earnings growth line is less than 1 year.
Gamma AFC Inc (NASDAQ:) by 16.3% last year It currently has an annual yield of $2.24, a yield of 13.3%, and a payout rate of 93.13%. Its earnings growth line is One year.
City office REIT (NYSE:) by 33.3% last year Currently, the annual yield is $0.80, the yield is 8.5%, and the payout ratio is 8.64%. Its earnings growth line is less than 1 general.
PHX Minerals Inc (NYSE:) by 50% last year It currently has an annual yield of $0.08, a yield of 2.4%, and a payout ratio of 24.63%. Its earnings growth line is less than 1 year.
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