Monitoring dividend increases for stocks on my watch list helps me identify candidates for further analysis. Companies that regularly raise dividends show confidence in the potential growth of future earnings.
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
In the past week, 27 companies that declared dividend increases passed these screens. In Part 1 of this article, I'm covering dividend increase announcements for stocks in the Industrials and