Wednesday, August 24, 2016

Dividend Growth 5

I thought it might be interesting to compare older spreadsheets 5 year dividend growth rates in my spreadsheets from 2011 and later. What this spreadsheets shows that for when I compare the 5 year dividend growth rates from my 2015 spreadsheet to my current one 23.7% of the stocks show higher dividend growth, 22.3% show lower dividend growth and 54% show the same dividend growth.

For example, I have 139 stocks that are the same as 2015 as in the 2016 spreadsheet. Of these stocks 33 stocks or 23.7% had higher 5 year dividend growth, 31 stocks or 22.3% had lower 5 year dividend growth and 75 stocks or 54% had the same dividend growth.

Examples would be Canadian National Railway (TSX-CNR, NYSE-CNI) which grew its dividend. It had 5 year growth of 14.6% per year over the past 5years on my 2015 spreadsheet and 18.3% per year over the past 5years on my 2016 spreadsheet.

Ag Growth International (TSX-AFN, OTC-AGGZF) dividends declined because it had 5 year growth of 3.3% per year over the past 5years on my 2015 spreadsheet and 3.0% per year over the past 5years on my 2016 spreadsheet.

Bank of Nova Scotia (TSX-BNS, NYSE-BNS) dividends were the same because it had 5 year growth of 7.6% per year over the past 5years on my 2015 spreadsheet and 7.6% per year over the past 5years on my 2016 spreadsheet.

Compared to Current Spreadsheet 2015 2014 2013 2012 2011
Dividend growth increased 23.74% 59.70% 45.31% 42.11% 33.65%
Dividend growth decreased 22.30% 35.82% 51.56% 56.14% 65.38%
Dividend growth same 53.96% 4.48% 3.13% 1.75% 0.96%


We seem to be in a time of lower dividend growth. This can hardly be surprising. Our economies have not been doing that well. It has been a very long, very slow recovery from 2008.

On my other blog I wrote Monday, August 22, 2016 about ONEX Corp. (TSX-OCX, OTC-ONEXF)... learn more. Today, I will write about Evertz Technologies (TSX-ET, OTC-EVTZF)... learn more on Wednesday, August 24, 2016 around 5 pm.

This blog is meant for educational purposes only, and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter.

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