34 Dividend Increases: July 23-27, 2018 (Part 1: Financials)

Monitoring dividend increases helps me identify candidates for further analysis. Companies that regularly increase dividends show confidence in future earnings growth potential.
I use the CCC List as a starting point and apply the following screens:
Market cap ≥ $500 million No stocks that are being acquired No Over-The-Counter or Pink Sheet stocks Dividend Yield ≥ 1.5% for Challengers Dividend Yield ≥ 1.0% for Contenders and Champions This past week, 34 companies passing these screens announced dividend increases, including one of the stocks I hold in my portfolio. The following table presents a summary of dividend increases for Financials sector stocks. Part 2 of this article will cover the other sectors.
The table is sorted by the percentage increase, %Incr. Dividends are annualized and in US$, 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, 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: July 23-27, 2018

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Comerica (CMA)
Founded in 1849 and headquartered in Dallas, Texas, CMA is a financial services company that... Read more