Published Tue, 14 Aug 2018 05:21:53 -0400 on Seeking Alpha
I monitor dividend increases for stocks on my watch list of dividend growth stocks to identify candidates for further analysis. Companies that regularly increase dividends show confidence in the potential growth of future earnings.
I use the CCC List as a starting point and apply the following screens:
Market cap ≥ $500 million No stocks that are being acquired No Over-The-Counter or Pink Sheet stocks Dividend Yield ≥ 1.5% for Challengers Dividend Yield ≥ 1.0% for Contenders and Champions In the past week, eight companies announcing dividend increases passed these screens. The following table provides a summary of these increases.
The table is sorted by the percentage increase, %Incr. Dividends are annualized and in US$, 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: August 6-10, 2018
Previous Post: 18 Dividend Increases: July 30-August 3, 2018
Broadridge Financial Solutions (BR)
BR provides investor communications and technology-driven solutions for the financial services industry in the United States, Canada, the United... Read more
|Stock name||Last trade||P/E||Earnings/Share||Dividend/Share||Dividend yield|
|PROVIDENT FINANCIAL SERVICES||27.71||15.2||1.82||0.00||6.32|
|MAIN STREET CAPITAL||38.19||10.3||3.70||0.00||6.26|
|UNITED PARCEL SERVICE||110.87||20.1||5.51||0.00||3.28|
|JOHNSON & JOHNSON||135.69||24.2||5.61||0.00||2.64|
|WALGREENS BOOTS ALLIANCE||74.43||13.7||5.44||1.76||2.40|
|J2 GLOBAL COMMUNICATIONS||84.46||32.6||2.59||1.74||2.06|
|RITCHIE BROTHERS AUCTIONEERS||36.64||32.4||1.13||0.00||1.97|
|BROADRIDGE FINANCIAL SOLUTIONS||99.83||27.1||3.68||0.00||1.93|
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