Dividend Increases: April 8-19, 2019

One way to identify dividend growth stocks for further analysis is to monitor dividend increases. Companies can only raise their dividends regularly and sustainably if they grow earnings sufficiently.
The CCC List provides a good starting point, but I limit the number of stocks to monitor by applying the following screens:
Dividend Yield ≥ 1.0% Market cap ≥ $1 billion No stocks that are being acquired No Over-The-Counter or Pink Sheet stocks In the past few weeks, 17 companies that announced dividend increases passed these screens, including two of the stocks I own.
The following table presents a summary.
The table is sorted by the percentage increase, %Incr. Dividends are annualized and in US$, 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 8-19, 2019

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Lakeland Financial (LKFN)
LKFN is a bank holding company for its subsidiary, Lake City Bank, which provides a variety of financial services in Indiana. The company offers commercial and consumer banking services, as well as... Read more