FDEF - 31 Dividend Increases: July 16-20 2018 (Part 1: Financials)
One way to identify dividend growth stocks for further analysis is to monitor dividend increases. Companies can only raise their dividends sustainably if earnings grow sufficiently.
The CCC List provides a good starting point, but I limit the number of stocks to monitor by applying the following screens:
- Market cap ≥ $500 million
- No stocks that are being acquired
- No Over-The-Counter or Pink Sheet stocks
- Dividend Yield ≥ 1.5% for Challengers
- Dividend Yield ≥ 1.0% for Contenders and Champions
In the last week, 31 companies passing these screens announced dividend increases. In the following table,