December 2025 Newsletter

Welcome to the DECEMBER edition of my DivGro 2.0 newsletter!

Every month, I write a market recap and a summary of my DivGro portfolio as of the last day of the previous month. I also summarize transactions that affected DivGro's projected annual dividend income [PADI].

In November, I opened two new positions and closed one existing position, so DivGro now contains 54 positions. Of these, 48 are dividend growth [DG] stocks, two are dividend-paying stocks, and four are closed-end funds. By convention, I label stocks with dividend increase streaks of five or more years DG stocks.

Automatic Data Processing Dividend Increase

On 12 November, Automatic Data Processing (ADP) increased its dividend by 10.39%, from $1.54 to $1.70 per share.

The dividend is payable on 1 January 2026 to shareholders of record on 12 December 2025. 

ADP's contribution to DivGro's projected annual dividend income will increase by $62.40 to $576.

November 2025 Newsletter

Welcome to the NOVEMBER edition of my DivGro 2.0 newsletter!

Every month, I write a market recap and a summary of my DivGro portfolio as of the last day of the previous month. I also summarize transactions that affected DivGro's projected annual dividend income [PADI].

In October, I closed five existing positions. DivGro now contains 53 positions, with 48 dividend growth [DG] stocks, four closed-end funds [CEFs], and one dividend-paying stock. By convention, I label stocks with dividend increase streaks of five or more years as DG stocks.

Snap-On Dividend Increase

On 6 November, Snap-On (SNA) increased its dividend by 14.02%, from $2.14 to $2.40 per share.

The dividend is payable on 10 December to shareholders of record on 21 November. 

SNA's contribution to DivGro's projected annual dividend income will increase by $62.40 to $576.

Atmos Energy Dividend Increase

On 5 November, Atmos Energy (ATO) increased its dividend by 14.94%, from 87¢ to $1.00 per share.

The dividend is payable on 8 December to shareholders of record on 24 November. 

ATO's contribution to DivGro's projected annual dividend income will increase by $52 to $400.

Main Street Capital Dividend Increase

On 4 November, Main Street Capital (MAIN) increased its dividend by 1.96%, from 25.5¢ to 26¢ per share.

The dividend is payable on 15 January 2026 to shareholders of record on 8 January 2026. 

MAIN's forward yield is 5.45% at $57.21 per share.

Visa Dividend Increase

On 28 October, Visa (V) increased its dividend by 13.56%, from 59¢ to 67¢ per share.

The dividend is payable on 1 December to shareholders of record on 12 November. 

V's contribution to DivGro's projected annual dividend income will increase by $32 to $268.

Rollins Dividend Increase

On 28 October, Rollins (ROL) increased its dividend by 10.61%, from 16.5¢ to 18.25¢ per share.

The dividend is payable on 10 December to shareholders of record on 10 November. 

ROL's contribution to DivGro's projected annual dividend income will increase by $21 to $219.

D.R. Horton Dividend Increase

On 28 October, D.R. Horton (DHI) increased its dividend by 12.5%, from 40¢ to 45¢ per share.

The dividend is payable on 20 November to shareholders of record on 13 November. 

DHI's contribution to DivGro's projected annual dividend income will increase by $20 to $180.

Hubbell Dividend Increase

On 24 October, Hubbel (HUBB) increased its dividend by 7.58%, from $1.32 to $1.42 per share.

The dividend is payable on 15 December to shareholders of record on 28 November. 

HUBB's contribution to DivGro's projected annual dividend income will increase by $16 to $227.20.

Comfort Systems USA Dividend Increase

On 23 October, Comfort Systems USA (FIX) increased its dividend by 20%, from 50¢ to 60¢ per share.

The dividend is payable on 24 November to shareholders of record on 13 November. 

FIX's contribution to DivGro's projected annual dividend income will increase by $7.20 to $43.20.

McDonald's Dividend Increase

On 23 October, McDonald's (MCD) increased its dividend by 5.08%, from $1.77 to $1.86 per share.

The dividend is payable on 15 December to shareholders of record on 1 December. 

MCD's contribution to DivGro's projected annual dividend income will increase by $18 to $372.

Home Run Number 59

Today, I'm happy to announce DivGro's 59^th Home Run!

I give any stock in my DivGro portfolio the Home Run moniker when it doubles my original investment on a total return basis.

As a dividend growth investor, I invest in high-quality dividend growth stocks with long histories of increasing annual dividend payouts. 

There's rarely a reason to sell high-quality dividend-growth stocks if the company's underlying fundamentals don't change. And if you hold such stocks long enough, they'll eventually double your original investment in total return!

Home Run Number 58

I forgot to post about DivGro's 58^th Home Run, so here goes...

When a stock in my portfolio doubles my original investment on a total return basis, I assign it Home Run status. 

As a dividend growth investor, I invest in high-quality dividend growth stocks with long histories of increasing annual dividend payouts. 

Unless the underlying fundamentals change, there's rarely a reason to sell these stocks. And if I hold them long enough, they'll eventually double my original investment in total return and become Home Run stocks!

Amphenol Dividend Increase

On 22 October, Amphenol (APH) increased its dividend by 51.5%, from 16.5¢ to 25¢ per share.

The dividend is payable on 7 January 2026 to shareholders of record on 16 December 2025. 

APH's contribution to DivGro's projected annual dividend income will increase by $85 to $250.

October 2025 Newsleteer

Welcome to the OCTOBER edition of my DivGro 2.0 newsletter!

As usual, I provide a quick market recap and an overview of my DivGro portfolio (as of 30 September 2025). I also provide a list of all transactions that affected DivGro's projected annual dividend income [PADI].

In September, I closed seven existing positions. DivGro now contains 58 positions, with 53 dividend growth [DG] stocks, four closed-end funds [CEFs], and one dividend-paying stock. By convention, I label stocks with dividend increase streaks of five or more years as DG stocks.

Accenture Dividend Increase

On 25 September, Accenture (ACN) increased its dividend by 10.14%, from $1.48 to $1.63 per share.

The dividend is payable on 14 November to shareholders of record on 10 October. 

ACN's contribution to DivGro's projected annual dividend income will increase by $48 to $521.60.

Microsoft Dividend Increase

On 16 September, Microsoft (MSFT) increased its dividend by 9.64%, from 83¢ to 91¢ per share.

The dividend is payable on 11 December to shareholders of record on 20 November. 

MSFT's contribution to DivGro's projected annual dividend income will increase by $16 to $182.

Realty Income Dividend Increase

On 9 September, Realty Income (O) increased its monthly dividend by 0.186%, from 26.9¢ to 26.95¢ per share.

The dividend is payable on 15 October to shareholders of record on 1 October.

O's contribution to DivGro's projected annual dividend income will increase by $1.92 to $1034.88.

September 2025 Newsletter

Welcome to the SEPTEMBER edition of my DivGro 2.0 newsletter!

As usual, I provide a quick market recap and an overview of my DivGro portfolio (as of 31 August 2025). I also provide a list of all transactions that affected DivGro's projected annual dividend income [PADI].

In August, I didn't add new positions or close any existing positions, so DivGro still contains 65 holdings. Of these, 59 are dividend growth [DG] stocks, five are closed-end funds [CEFs], and one is a dividend-paying stock. By convention, I label stocks with dividend increase streaks of five or more years as DG stocks.

Lam Research Dividend Increase

On 28 August, Lam Research (LRCX) increased its dividend by 13.04%, from 23¢ to 26¢ per share.

The dividend is payable on 15 October to shareholders of record on 24 September. 

LRCX's forward yield is 1.04% at $100.06 per share.

Intuit Dividend Increase

On 21 August, Intuit (INTU) increased its dividend by 15.38%, from $1.04 to $1.20 per share.

The dividend is payable on 17 October to shareholders of record on 9 October. 

INTU's forward yield is 0.72% at $666.80 per share.

Altria Dividend Increase

On 21 August, Altria (MO) increased its dividend by 3.92%, from $1.02 to $1.06 per share.

The dividend is payable on 10 October to shareholders of record on 15 September. 

MO's forward yield is 6.27% at $67.67 per share.

August 2025 Newsletter

Welcome to the AUGUST edition of my DivGro 2.0 newsletter!

As usual, I provide a quick market recap and an overview of my DivGro portfolio (as of 31 July 2025), including transactions that impacted DivGro's projected annual dividend income.

In July, I opened one new position and closed thirteen existing positions, so DivGro now contains 65 positions. Of these, 59 are dividend growth [DG] stocks, five are closed-end funds [CEFs], and one is a dividend-paying stock. By convention, I label stocks with dividend increase streaks of five or more years as DG stocks.

10 Undervalued Dividend Growth Stocks: August 2025

This monthly article series identifies 10 Undervalued Dividend Growth Stocks for further research and possible investment.

I present the top-ranked candidates based on quality scores. These high-quality, undervalued dividend growth stocks are candidates for your dividend growth portfolio.

As always, I recommend doing your own analysis before investing in these stocks.

This month, I'm presenting undervalued dividend growth stocks with a 5-year yield-on-cost of at least 5%.