Dividend Increases Week 50, 2021

 

In this article, I will go through the weekly dividend increases and cuts in popular and well-known stocks. (Member of The Dividend Champions or Canadian All-Star list)

 

Recently, 17 companies announced dividend increases. Note that no dividend cuts or suspensions were announced during this period.

 

The table below summarises the dividend change announcements.  The table shows the current dividend, the new dividend and the percentage increase (%). Dividends are shown on an annual basis and in US dollars unless otherwise stated. Yield is the new dividend yield of the most recent price, and Years is the years of consecutive dividend increases.

 

 

Notable Analyst Upgrades and Downgrades for Week of August 20, 2018

Upgrades:

Piper Jaffray Companies upgraded shares of Nike (NYSE:NKE) from a neutral rating to an overweight rating in a research note issued to investors on Monday morning, Marketbeat reports. They currently have $93.00 target price on the footwear maker’s stock, up from their prior target price of $72.00. Other equities research analysts have also issued research reports about the stock. Morgan Stanley reissued a buy rating and issued a $88.00 price target on shares of Nike in a report on Friday, August 10th. JPMorgan Chase & Co. boosted their price target on shares of Nike from $76.00 to $81.00 and gave the stock a neutral rating in a report on Wednesday, August 15th. TheStreet raised shares of Nike from a c+ rating to a b+ rating in a report on Thursday, June 28th. Atlantic Securities reissued a buy rating and issued a $85.00 price target on shares of Nike in a report on Friday, June 29th. Finally, Robert W. Baird reissued a buy rating and issued a $90.00 price target on shares of Nike in a report on Friday, June 29th. Two investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and twenty-six have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average target price of $79.19. Read more …

Johnson Controls International (NYSE:JCI) was upgraded by Argus from a “hold” rating to a “buy” rating in a report released on Tuesday, The Fly reports. Several other research firms have also recently weighed in on JCI. Morgan Stanley started coverage on Johnson Controls International in a research note on Monday. They set an “equal weight” rating for the company. Citigroup upped their target price on Johnson Controls International from $45.00 to $46.00 and gave the stock a “buy” rating in a research note on Thursday, August 2nd. Zacks Investment Research upgraded Johnson Controls International from a “sell” rating to a “hold” rating in a research note on Thursday, August 2nd. Royal Bank of Canada restated a “sell” rating and set a $34.00 target price on shares of Johnson Controls International in a research note on Wednesday, August 1st. Finally, Barclays upped their target price on Johnson Controls International from $38.00 to $39.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 1st. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $42.55. Read more …

Target (NYSE:TGT) was upgraded by equities researchers at Telsey Advisory Group from a “market perform” rating to an “outperform” rating in a research report issued on Thursday, The Fly reports. The firm currently has a $100.00 price target on the retailer’s stock, up from their prior price target of $80.00. Telsey Advisory Group’s price target would suggest a potential upside of 16.36% from the stock’s current price. Other research analysts have also recently issued reports about the company. MKM Partners set a $91.00 price objective on Target and gave the company a “buy” rating in a research report on Friday, June 29th. Loop Capital set a $102.00 price objective on Target and gave the company a “hold” rating in a research report on Friday, August 17th. Bank of America set a $90.00 price objective on Target and gave the company a “buy” rating in a research report on Wednesday. Guggenheim reaffirmed a “hold” rating on shares of Target in a research report on Wednesday. Finally, Credit Suisse Group set a $86.00 price objective on Target and gave the company a “buy” rating in a research report on Monday, May 14th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $81.11. Read more …

The Coca-Cola (NYSE:KO) was upgraded by analysts at Argus to a “hold” rating in a research report issued to clients and investors on Friday, The Fly reports. A number of other analysts have also weighed in on KO. TheStreet upgraded The Coca-Cola from a “c+” rating to a “b-” rating in a report on Tuesday, July 17th. Gabelli restated a “hold” rating on shares of The Coca-Cola in a report on Thursday, July 26th. Morningstar set a $49.00 target price on The Coca-Cola and gave the stock a “buy” rating in a report on Wednesday, August 8th. JPMorgan Chase & Co. restated a “neutral” rating and set a $50.00 target price on shares of The Coca-Cola in a report on Thursday, July 26th. Finally, Zacks Investment Research upgraded The Coca-Cola from a “sell” rating to a “hold” rating in a report on Tuesday, August 7th. Fourteen analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The Coca-Cola currently has an average rating of “Hold” and a consensus target price of $50.24. Read more …