VFC - Dividend Increases: October 14-25 2019 (Part 2: Remaining Sectors)
I monitor dividend increases for stocks on my watch list of dividend growth stocks to identify candidates for further analysis. Companies can only increase their dividends regularly and sustainably if earnings grow sufficiently.
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
In the past two weeks, 23 companies that declared dividend increases passed these screens. Part 1 covered dividend increases announced by companies in the Utilities and Financials