I like monitoring dividend increases for stocks on my watch list of dividend growth stocks because I consider such stocks to be candidates for further analysis. Companies that regularly increase their dividends show confidence in future earnings growth potential.
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 last week, 8 companies that announced dividend increases passed these screens.
The following table provides a summary of these