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.
I look for dividend increase announcements for stocks in the CCC List, but I use several screens to limit the number of stocks to monitor:
- 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, 6 companies that decided to increase their dividends passed these screens, including 1 of