* Dividend – I focus my dividends on Swedish stock market as I live and work here. But this article could be more generic and might be valid for other stock markets too.
I know, it probably hasn’t been very cheerful reading lately about the upcoming dividend year and all the reductions that are likely to be served up. Now we change the focus a bit, and take a look at the large-cap companies that are expected to increase their dividends the most, in 2024.
We will always get a year, now and then with boring dividend announcements. Just look at the financial crisis of 2008/2009 where the reductions were heavy among not only banks and real estate companies, but also in many other sectors. My suggestion is, as always, to look beyond these years and instead focus on the big brushstrokes.
Now 2023 is quite far away and we haven’t even had time to see the Q3 reports yet. However, several analysts have already started giving their forecasts for next year and it boils down to a number of companies with very nice dividend announcements.
Highest dividend growth in 2024
= (BAU) companies that are in my portfolio as of today.
Not surprisingly, we see the banks among the top. It was clear that all banks have now achieved record results thanks to the net interest income and this money will be distributed to the owners, as usual.
Thanks to the very nice result lift in the back, the analysts now believe in a doubled dividend next year. In many cases, all you have to do is look at the share price to understand that a dividend increase is coming. Of course there are exceptions.
It is clear that Banking and Industry top the list. Probably also the two sectors that have also performed the best in recent times.
A lot can still happen and now we are going right into the Q3 reports which will give us even more meat on our legs.
Stay tuned. I will be back…
Busy And Useful 
