Dividend Increases: February 22-28, 2020 (Part 1)

This weekly article series covers dividend increase announcements.
A summary table provides relevant data and key statistics.
Part 1 covers the Dividend Champions and Dividend Contenders.
As a bonus, I include ex-dividend dates for the next two weeks.

I monitor dividend increases for stocks in the Dividend Champions List (CCC list).
The CCC list is separated into three categories based on how long companies have maintained their streak of annually increasing dividends: Champions (25+ years), Contenders (10-24 years), and Challengers (5-9 years).
This week, 37 companies in the CCC list announced dividend increases, including two of the stocks I hold in my portfolio. The following table covers the Dividend Champions and Dividend Contenders. Please see Part 2 of this article for coverage of the Dividend Challengers.
The table is sorted into sections for Champions, Contenders, and Challengers, and then 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.
Some companies increase their dividends more than once a year, so the last column (1-yr %Incr) indicates the percentage increase from the year-ago dividend.
Summary of Dividend Increases: February 22-28, 2020

Previous Post: Dividend Increases: February 15-21, 2020

The following dividend increase data are sorted alphabetically by ticker.
Albemarle (ALB)
ALB is a major producer of specialty chemicals targeting customer needs across various end markets, including petroleum refinement, consumer electronics, plastics and packaging, construction, automotive, lubricants, pharmaceuticals, crop protection, food safety, and custom chemistry services. ALB was founded in 1993 and is headquartered in Baton Rouge,... Read more