Dividend Increases: July 29-August 2, 2019 (Part 1: Industrials, Materials, And Financials Sectors)
Monitoring dividend increases for stocks on my watch list helps me to identify candidates for further analysis. Companies that regularly increase their dividends show confidence in the potential growth of future earnings.
I look for dividend increase announcements for stocks in the CCC List, but I use several screens to limit the number of stocks to monitor:
Dividend Yield ≥ 1.0% Market cap ≥ $1 billion No stocks that are being acquired No Over-The-Counter or Pink Sheet stocks In the last week, 21 companies that declared dividend increases passed these screens.
The table below presents a summary of increases announced for stocks in the Industrials, Materials, and Financials sectors. Part 2 will cover the remaining sectors.
The table is sorted by the percentage increase, %Incr. Dividends are annualized and in US$, 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, 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 29-August 2, 2019
Previous Post: Dividend Increases: July 22-26, 2019
The highlighted stock is one I own in my portfolio.
Carlisle (CSL)
Founded in 1917 and... Read more