One way to identify dividend growth stocks for further analysis is to monitor dividend increases. I monitor dividend increase announcements from stocks in the CCC list. Here are the screens I use:
- Market cap ≥ $500M
- No stocks that are being acquired
- No over-the-counter or pink sheet stocks
- Dividend Yield ≥ 2% for Challengers
- Dividend Yield ≥ 1.5% for Contenders and Champions
Last week, 26 companies on my watch list announced dividend increases, including three of the stocks I own.
Part 1 presented dividend increases of stocks in the Industrials and Information Technology sectors.