Monitoring dividend increases for stocks on my watch is one way to identify candidates for further analysis. Companies can only increase their dividends regularly and sustainably if earnings grow sufficiently.
I monitor dividend increases in the Dividend Champions List [CCC list].
In the past week, one company in the CCC list decided to increase its dividend. The following table provides a summary.
Dividends are annualized and in US$, unless otherwise indicated. Yield is the new dividend yield for the market close Price on the date listed. Yrs are years of consecutive dividend increases,