SLGN - Dividend Increases: February 25-March 1 2019 (Part 2: Remaining Sectors)
I like monitoring dividend increases for stocks on my watch list of dividend growth stocks because I consider such stocks to be candidates for further analysis. Companies that regularly raise dividends show confidence in the potential growth of future earnings.
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
Last week, 18 companies that decided to increase their dividends passed these screens, including 2 of the stocks I own.