This article was co-produced with James Marino Sr. of Portfolio Insight.
We monitor dividend increases for stocks using [Dividend Radar], a weekly automatically generated spreadsheet listing stocks with dividend streaks of five years or more. The Dividend Radar spreadsheet separates stocks into categories based on the length of the streak: Champions (25+ years), Contenders (10- 24 years), and Challengers (5-9 years).
This past week, five companies in Dividend Radar announced dividend increases. There were no announcements of dividend cuts or suspensions last week.
The table below presents a summary of the dividend increases.