There Are Dividend Growth Companies Actually Increasing Their Dividend Growth Rates

Source: KANNAWAY
INTRODUCTION
I love dividends! I love receiving them. I love investing them. Most importantly, I love seeing them grow!
Have you been wondering if there are any companies whose dividend growth is actually increasing? I asked that question. Your usual stalwarts like Johnson and Johnson (NYSE: JNJ) or Coca-Cola (NYSE: KO), among many others, have decreasing dividend growth, which is less desirable than even steady dividend growth.
There are 813 dividend growth companies found in David Fish's Dividend Champion, Contender, Challenger list. In this article, I will present companies that I found in the list with increasing dividend growth that may be of interest to dividend growth investors.
FINDING THESE GEMS
I would call a dividend growth company whose dividend growth rate is increasing as a gem because they are rare. What do I mean by increasing dividend growth rate. I am specially looking for the 1 year to be greater than the 3-year which is to be greater than the 5-year which is to be greater than the 10-year or 1 > 3 > 5 > 10. Below is the formula I used to find these gems within the CCC list. Here are the instructions so you can do it too:
Insert a column beside column AP (to the right of the 10 year DGR) Copy the formula below:
=IF(AM7<AN7,"No",IF(AN7<AO7,"No",IF(AO7<AP7,"No","Yes")))

Click cell AQ7 Paste the formula into the cell Copy and drag the formula to the... Read more