20 Dividend Increases: January 15-19, 2018 (Part 2: The Remaining Sectors)
I search for dividend increase announcements from companies in the CCC list of dividend growth stocks. Doing so allows me to identify potential candidates for DivGro, my portfolio of dividend growth stocks. Companies that raise their dividends regularly show confidence in future earnings growth.
My watch list contains CCC stocks that pass the following screens:
Market cap ≥ $500M No stocks that are being acquired. No over-the-counter or pink sheet stocks Dividend Yield ≥ 2% for Challengers Dividend Yield ≥ 1% for Contenders and Champions This past week, 20 companies on my watch list declared dividend increases, including 2 of the stocks I own.
In Part 1, I presented dividend increases from stocks in the Energy and Real Estate sectors. This article presents dividend increases from stocks in the remaining sectors. The table below provides a summary of these increases.
The table is sorted by the percentage increase, %Incr. Dividends are annualized and in US$, 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: January 15-19, 2018
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