MMP - 12 Dividend Increases: January 21-25 2019 (Part 2: Remaining Sectors)
Monitoring dividend increases for stocks on my watch is one way to identify candidates for further analysis. Companies that regularly increase their dividends show confidence in future earnings growth potential.
I use the CCC List as a starting point and apply the following screens:
- Dividend Yield ≥ 1.0%
- Market cap ≥ $1 billion
- No stocks that are being acquired
- No Over-The-Counter or Pink Sheet stocks
This past week, 30 companies that decided to increase their dividends passed these screens. I own four of these stocks in my portfolio.
Part 1 of this article covered