26 Dividend Increases: February 5-9, 2018 (Part 1: Industrials And Information Technology Stocks)
Companies can only increase their dividends regularly if they grow earnings sufficiently. I like monitoring dividend increase announcements because I consider stocks that regularly increase their dividends to be candidates for further analysis.
I use the following screens to compile a watch list from the CCC stocks:
Market cap ≥ $500M No stocks that are being acquired No over-the-counter or pink sheet stocks Dividend Yield ≥ 2% for Challengers Dividend Yield ≥ 1.5% for Contenders and Champions Last week, 26 companies on my watch list announced dividend increases, including three stock I own. The table below provides a summary of dividend increases announced by stocks in the Industrials and Information Technology sectors. Part 2 will cover dividend increases from stocks in the Financials and Consumer Discretionary sectors, while Part 3 will cover the remaining sectors.
The table is sorted by the percentage increase, %Incr. Dividends are annualized and in US$, 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 and 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 5-9, 2018
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