I like monitoring dividend increases for stocks on my watchlist of dividend growth stocks because I consider such stocks to be candidates for further analysis. Companies can only raise their dividends regularly and sustainably if they grow earnings sufficiently.
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
Last week, 27 companies that announced dividend increases passed these screens, including three of the stocks I hold in my portfolio