Market Down but Dividends Up
February 15, 2022 3:26 amAfter a bruising start to the year, you may be growing more and more worried about the stock market. That’s only natural, but if your stock investments are geared toward generating dividend income, you might well be smiling.
To prove my point, here are the last dozen emails to hit my inbox announcing dividend changes for a wide variety of equities.
| Company | Ticker Symbol | Dividend Change |
|---|---|---|
| Energy Transfer | ET | 15.0% |
| Norfolk Southern | NSC | 14.0% |
| Archer Daniels Midland | ADM | 8.1% |
| American Express | AXP | 21.0% |
| Equity Lifestyle | ELS | 13.0% |
| Crane Co. | CR | 9.3% |
| Franklin Electric | FELE | 11.0% |
| JB Hunt Transport | JBHT | 33.0% |
| Consolidated Edison | ED | 1.9% |
| Blackrock | BLK | 18.0% |
| Balchem | BCPC | 10.0% |
| American Tower | AMT | 6.1% |
| Average: | 13.4% |
Historically, dividend growth (for S&P 500 companies) has been almost twice as fast as the rate of inflation.
Companies that began paying dividends or have grown their dividends are among the best performers.
Perhaps we should discuss a dividend focused strategy for your portfolio. Contact our Catholic financial advisors to learn more.
Post from: Insights