One way to identify dividend growth stocks for further analysis is to monitor dividend increases. Companies can only increase their dividends regularly and sustainably if earnings grow 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
This past week, nine companies that announced dividend increases passed these screens, including one of my DivGro holdings.
The following table presents a summary.
The table is sorted by the percentage increase,