22 Dividend Increases: February 13-17, 2017
Monitoring dividend increases for stocks on my watch is one way to identify candidates for further analysis. Companies that regularly raise their dividend payments show confidence in future earnings growth potential. Recently, 22 companies on my watch list announced dividend increases, including 3 of the stocks I hold in my portfolio. The table below presents a summary of these increases.
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: February 13-17, 2017 Previous Post: 19 Dividend Increases: February 6-10, 2017
• Lear Corporation (NYSE: LEA) Founded in 1917 and headquartered in Southfield, Michigan, LEA is a supplier to the global automotive industry. The company designs, develops, engineers, manufactures, assembles and supplies automotive seating, electrical distribution systems and related components to automotive manufacturers. LEA has more than 240 manufacturing and administrative locations in approximately 40 countries.
Recently, LEA increased its quarterly... Read more