Monitoring dividend increases for stocks on my watch is one way to identify candidates for further analysis. Companies that regularly increase their dividends show confidence in future earnings growth potential.
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
In the last week, six companies that announced dividend increases passed these screens, including one of the stocks I own.
The table