Is it actually defined when a company is considered a dividend growth company? Does PepsiCo or JMSmucker with their 7% annual dividend fall below that? Or do they need double-digit rates?
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@Divmann counts*
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@Divmann In general, Citi points out that it is not the current dividend yield that matters, but its annual growth. Then the interest rate kicks in and it is assumed that the company as such is also growing and can therefore ensure an annually increasing dividend.
As far as I know, Pepsi, for example, has been able to increase its dividend every year since the 1980s.
As far as I know, Pepsi, for example, has been able to increase its dividend every year since the 1980s.
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โข@Howsy89 I'm sorry, I worded it wrong. I meant dividend growth, but thanks for the answer anyway.
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