Robert Allan Schwartz's dividend growth company information web site
This is a site that provides dividend growth company information.
I believe the most important piece of information I provide here is the
compound annual growth rate (CAGR) for each company.
As far as I know, this piece of information is not available anywhere
on the Internet.
Read about the definition of CAGR,
and see the formula that I use to compute it for each company.
Here's an example to help understand the concept of CAGR:
Suppose company ABC pays the following dividends for the following years:
Year 1: $ 1.00000
Year 2: $ 1.08000 ($ 0.08000 increase) ( 8.000% increase)
Year 3: $ 1.58000 ($ 0.50000 increase) ( 46.296% increase)
Year 4: $ 2.32000 ($ 0.74000 increase) ( 46.835% increase)
Year 5: $ 2.91000 ($ 0.59000 increase) ( 25.431% increase)
Year 6: $ 3.22000 ($ 0.31000 increase) ( 10.653% increase)
Year 7: $ 3.95000 ($ 0.73000 increase) ( 22.671% increase)
Year 8: $ 4.40000 ($ 0.45000 increase) ( 11.392% increase)
Year 9: $ 5.19000 ($ 0.79000 increase) ( 17.955% increase)
Year 10: $ 5.43000 ($ 0.24000 increase) ( 4.624% increase)
Year 11: $ 5.53000 ($ 0.10000 increase) ( 1.842% increase)
Year 12: $ 5.94000 ($ 0.41000 increase) ( 7.414% increase)
Year 13: $ 6.60000 ($ 0.66000 increase) ( 11.111% increase)
Year 14: $ 7.53000 ($ 0.93000 increase) ( 14.091% increase)
Year 15: $ 7.96000 ($ 0.43000 increase) ( 5.710% increase)
Although the dividend increases each year, the amount and percent
of the increase varies each year.
The CAGR allows us to "smooth" out the percentages of the increases,
which would have looked like this had the percentages been constant:
Year 1: $ 1.00000
Year 2: $ 1.15971 ($ 0.15971 increase) ( 15.971% increase)
Year 3: $ 1.34494 ($ 0.18522 increase) ( 15.971% increase)
Year 4: $ 1.55974 ($ 0.21481 increase) ( 15.971% increase)
Year 5: $ 1.80885 ($ 0.24911 increase) ( 15.971% increase)
Year 6: $ 2.09775 ($ 0.28890 increase) ( 15.971% increase)
Year 7: $ 2.43280 ($ 0.33504 increase) ( 15.971% increase)
Year 8: $ 2.82135 ($ 0.38855 increase) ( 15.971% increase)
Year 9: $ 3.27196 ($ 0.45061 increase) ( 15.971% increase)
Year 10: $ 3.79453 ($ 0.52258 increase) ( 15.971% increase)
Year 11: $ 4.40057 ($ 0.60604 increase) ( 15.971% increase)
Year 12: $ 5.10341 ($ 0.70283 increase) ( 15.971% increase)
Year 13: $ 5.91849 ($ 0.81509 increase) ( 15.971% increase)
Year 14: $ 6.86376 ($ 0.94527 increase) ( 15.971% increase)
Year 15: $ 7.96000 ($ 1.09624 increase) ( 15.971% increase)
Note that the dividends paid in the first and last years are the same
as they were above.
I believe this gives us a useful metric with which to compare various
For example, to compare the CAGR's of dividend companies from (let's say)
1982 to 2018, click here.
All of the companies that I'm covering (see next paragraph),
who had a positive CAGR between 1982 and 2018,
are rank-ordered on that page.
I've chosen to cover the companies in Dividend4Life's list of companies.
His list is available here.
I've chosen to cover the companies in David Fish's lists of Dividend Champions, Contenders, and Challengers.
His current lists are available here.
Older versions of his lists are available here.
The first year used in this site is 1962, the first year for which
any of the companies I cover have a positive compound annual growth rate.
Clearly not all companies have been paying dividends for all that time.
The last year used in this site is 2018, the last full calendar year.
I update the web site each January. I do not update the web site during the year.
All pages in this site have navigation links that look like this:
Dividend bumpiness by year
Dividend compound annual growth rates by year
Which companies pay dividends in which month?
Which companies pay dividends at which frequency?
Which companies have paid dividends for how many years?
Which companies have increased their dividends by at least X% per year over the most recent Y years?
Which dividend compound annual growth rates have which bumpiness?
Which companies have which dividend bumpiness?
Which sectors and industries have which dividend bumpiness?
Which companies have slowing dividend growth?
Copyright @ 2019 by Robert Allan Schwartz.
Reproduction prohibited. All rights reserved.
All data up to 12/31/2015 are from Bloomberg.
All date after 1/1/2016 are from The Wall Street Journal and http://www.dividendinvestor.com.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice.
Neither Robert Allan Schwartz nor Tessellation.com is liable for any informational errors, or incompleteness,
or for any actions taken in reliance on information contained herein.
By accessing this site, you agree not to redistribute the information found therein.