7 Dividend Increases: September 26-30, 2016

I like monitoring dividend increases for stocks on my watch list of dividend growth stocks because I consider such stocks to be candidates for further analysis. Companies that regularly increase dividends show confidence in the potential growth of future earnings. In the past week, 7 companies on my watch list announced dividend increases, including one of my DivGro holdings. The table below presents a summary of these increases.
The table is sorted by percentage increase, %Incr. Dividends are annualized and in US dollar, 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: September 26-30, 2016 Previous Post: 9 Dividend Increases: September 19-23, 2016
• CLARCOR Inc. (NYSE: CLC) CLC is a diversified manufacturer and marketer of mobile, industrial and environmental filtration products. The company's filters and filter systems are used in commercial and industrial buildings, hospitals, manufacturing processes, pharmaceutical processes, clean rooms, airports, shipyards, and refineries, and oil and natural gas facilities. CLC was founded in 1904 and is... Read more