9 Dividend Increases: August 15-19, 2016

Monitoring dividend increases for stocks on my watch is one way to identify candidates for further analysis. Companies can only raise their dividends regularly if earnings grow sufficiently. This past week, 9 companies on my watch list announced dividend increases. The following table presents a summary.
The table is sorted by percentage increase, %Incr. Dividends are annualized and in US$, unless otherwise indicated. Yield is the new dividend yield for the market close Price on the date listed. Yrs are years of consecutive dividend increases, while 5-yr DGR is the compound annual growth rate of the dividend over a 5-year period. 1-yr %Incr is the percentage increase from the year-ago dividend. (Some companies increase their dividends more than once a year, so this puts the most recent dividend increase in context).
Summary of Dividend Increases: August 15-19, 2016 Previous Post: 9 Dividend Increases: August 8-12, 2016
• First American Financial Corp. (NYSE: FAF) Based in Santa Ana, California, and incorporated in 2008, FAF provides financial services through its subsidiaries. The company issues title insurance policies and provides escrow and real estate closing services on residential and commercial property. It also provides property and casualty insurance and loan quality analytics, decision support tools, and loan review services for the mortgage industry. FAF will pay a quarterly dividend of 34¢ per share, an increase of 30.77% over the previous quarterly... Read more