3 Dividend Increases: April 2-6, 2018

I like monitoring dividend increases for stocks on my watch list of dividend growth stocks because I consider such stocks to be candidates for further analysis. Companies can only increase their dividends regularly if earnings grow sufficiently.
I limit the monitoring to stocks in the CCC list and I use several screens to limit the number of stocks further:
Market cap ≥ $500 million No stocks that are being acquired No Over-The-Counter or Pink Sheet Stocks Dividend Yield ≥ 1.5% for Challengers Dividend Yield ≥ 1.0% for Contenders and Champions This past week, three companies on my watchlist announced dividend increases. The following table presents a summary.
The table is sorted by the percentage increase, %Incr. Dividends are annualized and in US$, 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: April 2-6, 2018

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TJX (TJX)
Founded in 1956 and based in Framingham, Massachusetts, TJX operates as an off-price apparel and home fashions retailer in the United States and... Read more