Monitoring dividend increases for stocks on my watch list helps me 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
In the last week, thirteen companies that declared dividend increases passed these screens, including six of my DivGro holdings.
The table below