Monitoring dividend increases for stocks on my watch is one way to identify candidates for further analysis. Companies can only raise their dividends regularly and sustainably if they grow earnings sufficiently.
The CCC List provides a good starting point, but I limit the number of stocks to monitor by applying 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
This past week, 5 companies that announced dividend increases passed these screens.
The following table presents a summary.
The table is