Daily dividend news for investors in dividend stocks

9 Dividend Increases: October 8-12, 2018

Published Sat, 13 Oct 2018 15:59:42 -0400 on Seeking Alpha

I like monitoring dividend increases for stocks on my watch list of dividend growth stocks because I consider such stocks to be candidates for further analysis. Companies that regularly increase their dividends show confidence in future earnings growth potential.
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 ≥ $1 billion No stocks that are being acquired No Over-The-Counter or Pink Sheet stocks This week, 9 companies that announced dividend increases passed these screens.
The table below presents a summary of these increases.
The table is sorted by the percentage increase, %Incr. Dividends are annualized and in US$, 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: October 8-12, 2018

Previous Post: 5 Dividend Increases: October 1-5, 2018

A.O. Smith (AOS)
AOS manufactures and markets water heaters, boilers, and other products for residential and commercial end markets in the United States, China, Canada, Europe, and... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
INTERNATIONAL PAPER 42.50   10.2 4.17 2.00 4.69
GOODYEAR TIRE & RUBBER 14.79   6.3 2.34 0.64 4.33
EATON VANCE 44.34   13.3 3.34 1.40 3.22
THOR INDUSTRIES 59.14   24.4 2.42 1.56 2.61
POLYONE 30.42   16.2 1.88 0.78 2.56
UNITED TECHNOLOGIES 131.30   20.2 6.49 2.94 2.21
THOMSON REUTERS 68.32   8.8 7.79 1.44 2.13
AO SMITH 43.58   17.2 2.54 0.88 1.98
BROWN & BROWN 34.70   26.7 1.30 0.32 0.92


Older articles featuring International Paper (IP):
Dividend Challenger Highlights: Week Of June 9
Dividend Challenger Highlights: Week Of May 19
Dividend Stock Analysis: International Paper Company
WestRock: High Yield, Attractive Value, But Unreliable Dividend Growth
International Paper: 4.5% Yield Trading At A 10-Year Low P/E
10 Of 59 Consumer Cyclical 'Safer' Dividend WallStars Flash 25.6%-50.8% Gains Per Broker November Targets
20 Upcoming Dividend Increases
52 Of 95 S&P 500 'Safer' Dividend Stocks Yield 3.26% To 6.67% To October 2019
48 Of 104 S&P 500 'Safer' Dividend Stocks Yield 3% To 6.35% For August
32 Of 71 Consumer Cyclicals WallStar Equities Show 'Safer' Dividends For July