Monitoring dividend increases helps me identify candidates for further analysis. Companies that regularly increase dividends show confidence in future earnings growth potential.
I use the CCC List as a starting point and apply 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
This past week, 34 companies passing these screens announced dividend increases, including one of the stocks I hold in my portfolio. The following table presents a summary of