10 Dividend Increases: February 27-March 3, 2017

I monitor dividend increases for stocks on my watch list of dividend growth stocks to identify candidates for further analysis. Companies that regularly raise their dividend payments show confidence in future earnings growth potential. In the past week, 10 companies on my watch list declared dividend increases, including 1 of the stocks I own. 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 27-March 3, 2017 Previous Post: 28 Dividend Increases: February 20-24, 2017 (Part 1: Financials, REITs, And Utilities)
• Best Buy Corp (NYSE: BBY) Formerly known as Sound of Music, Inc, BBY is a retailer of technology products, services, and solutions in the United States, Canada, and Mexico. The company offers service to the consumers, small business owners and educators who visit its stores, engage with Geek Squad agents or use its Websites or mobile applications. BBY was founded in 1966 and is headquartered in... Read more