In my view, a dividend raise is a signal that management is confident in their business prospects – a larger dividend raise, even more so. The following is a list of large cap companies that raised their dividends in December:
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| Company | Announcement Date | Amount | Previous Amount | Increase Amount | Yield | Ex-Date | Payable Date |
| DRI Darden Restaurants | 12/18/2020 | $0.37 | $0.30 | 23.33% | 1.25% | 2/1/2021 | |
| LW Lamb Weston | 12/17/2020 | $0.24 | $0.23 | 2.17% | 1.20% | 2/4/2021 | 3/5/2021 |
| AMGN Amgen | 12/16/2020 | $1.76 | $1.60 | 10.00% | 3.08% | 2/11/2021 | 3/8/2021 |
| BEN Franklin Resources | 12/15/2020 | $0.28 | $0.27 | 3.70% | 4.55% | 12/30/2020 | 1/15/2021 |
| LLY Eli Lilly and | 12/14/2020 | $0.85 | $0.74 | 14.86% | 2.15% | 2/11/2021 | 3/10/2021 |
| WLTW Willis Towers Watson Public | 12/14/2020 | $0.71 | $0.68 | 4.41% | 1.40% | 12/30/2020 | 1/15/2021 |
| PFE Pfizer | 12/11/2020 | $0.39 | $0.38 | 2.63% | 3.74% | 1/28/2021 | 3/5/2021 |
| CERN Cerner | 12/11/2020 | $0.22 | $0.18 | 22.22% | 1.19% | 12/24/2020 | 1/12/2021 |
| ABT Abbott Laboratories | 12/11/2020 | $0.45 | $0.36 | 25.00% | 1.71% | 1/14/2021 | 2/16/2021 |
| BMY Bristol-Myers Squibb | 12/10/2020 | $0.49 | $0.45 | 8.89% | 3.26% | 12/31/2020 | 2/1/2021 |
| EIX Edison International | 12/10/2020 | $0.66 | $0.64 | 3.92% | 4.21% | 12/30/2020 | 1/31/2021 |
| CNP CenterPoint Energy | 12/10/2020 | $0.16 | $0.15 | 6.67% | 2.94% | 2/17/2021 | 3/11/2021 |
| CARR Carrier Global | 12/9/2020 | $0.12 | $0.08 | 50.00% | 1.28% | 12/22/2020 | 2/10/2021 |
| WPC W. P. Carey | 12/9/2020 | $1.05 | $1.04 | 0.19% | 6.03% | 12/30/2020 | 1/15/2021 |
| CPB Campbell Soup | 12/9/2020 | $0.37 | $0.35 | 5.71% | 3.07% | 1/7/2021 | 2/1/2021 |
| ZTS Zoetis | 12/9/2020 | $0.25 | $0.20 | 25.00% | 0.63% | 1/19/2021 | 3/1/2021 |
| FBHS Fortune Brands Home & Security | 12/8/2020 | $0.26 | $0.24 | 8.33% | 1.25% | 2/25/2021 | 3/17/2021 |
| MA Mastercard | 12/8/2020 | $0.44 | $0.40 | 10.00% | 0.52% | 1/7/2021 | 2/9/2021 |
| ERIE Erie Indemnity | 12/8/2020 | $1.04 | $0.97 | 7.25% | 1.86% | 1/4/2021 | 1/20/2021 |
| O Realty Income | 12/8/2020 | $0.23 | $0.23 | 0.21% | 4.70% | 12/31/2020 | 1/15/2021 |
| TJX The TJX Companies | 12/8/2020 | $0.26 | $0.23 | 13.04% | 1.59% | 2/10/2021 | 3/4/2021 |
| MAA Mid-America Apartment Communities | 12/8/2020 | $1.03 | $1.00 | 2.50% | 3.31% | 1/14/2021 | 1/29/2021 |
| ARE Alexandria Real Estate Equities | 12/8/2020 | $1.09 | $1.06 | 2.83% | 2.60% | 12/30/2020 | 1/15/2021 |
| GGG Graco | 12/7/2020 | $0.19 | $0.18 | 7.14% | 1.10% | 1/15/2021 | 2/3/2021 |
| RJF Raymond James | 12/7/2020 | $0.39 | $0.37 | 5.41% | 1.70% | 1/4/2021 | 1/19/2021 |
| AES The AES | 12/7/2020 | $0.15 | $0.14 | 5.02% | 2.88% | 1/28/2021 | 2/12/2021 |
| AMT American Tower | 12/3/2020 | $1.21 | $1.14 | 6.14% | 2.14% | 12/24/2020 | 2/2/2021 |
| WEC WEC Energy Group | 12/3/2020 | $0.68 | $0.63 | 7.11% | 2.87% | 2/11/2021 | 3/1/2021 |
| NUE Nucor | 12/3/2020 | $0.41 | $0.40 | 0.62% | 2.96% | 12/30/2020 | 2/11/2021 |
| FMC FMC | 12/2/2020 | $0.48 | $0.44 | 9.09% | 1.62% | 12/30/2020 | 1/21/2021 |
| SYK Stryker | 12/2/2020 | $0.63 | $0.58 | 9.57% | 1.08% | 12/30/2020 | 1/29/2021 |