The summer months tend to be a little slower on Wall Street. News slows down as analysts take their summer vacations, and trading volumes shrink as investors do the same.
Low trading volumes, and less money flowing into the markets can often result in a more volatile market, and historically the summer months have underperformed the rest of the year. Hence the Wall Street adage of “Sell in May and go Away”.
This year may be a little different, since President Trump and his passion for Twitter could result in a steady stream of news that have the ability to impact the overall market, but for the most part, other than the July earnings season, the summer will be pretty slow.
However, there is still plenty to keep an eye on over the summer, including companies that are likely to announce dividend increases. Most increases occur during the first 5 months of the year, but there are still some big name companies expected to announce their next dividend increases between now and the end of July.
Let’s take a closer look at five stocks that are likely to announce their next dividend increase before the end of July.