I monitor dividend increases for stocks on my watch list of dividend growth stocks to identify candidates for further analysis. Companies can only raise their dividends regularly and sustainably if they grow earnings sufficiently.
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
This week, 11 companies that announced dividend increases passed these screens, including 2 of the stocks I own.