Published Tue, 13 Nov 2018 08:00:00 -0500 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:
Dividend Yield ≥ 1.0% Market cap ≥ $1 billion No stocks that are being acquired No Over-The-Counter or Pink Sheet stocks Recently, 22 companies that announced dividend increases passed these screens. Part 1 of this article covered dividend increases of stocks in the Industrials, Health Care, and Utilities sectors. In Part 2, I'm covering the remaining sectors.
The table below presents a summary of these increases.
The table is sorted by the percentage increase, %Incr. Dividends are annualized and in US$, 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: November 5-9, 2018
Previous Post: Dividend Increases: October 29-November 2, 2018
Inter Parfums (IPAR)
Formerly known as Jean Philippe Fragrances, IPAR manufactures, markets,... Read more
|Stock name||Last trade||P/E||Earnings/Share||Dividend/Share||Dividend yield|
|MAIN STREET CAPITAL||37.38||10.1||3.70||0.00||6.26|
|SIMON PROPERTY GROUP||183.36||23.3||7.87||0.00||4.47|
|SINCLAIR BROADCAST GROUP||32.84||5.8||5.63||0.80||2.41|
|UNITED COMMUNITY BANKS||29.19||14.2||2.06||0.64||2.24|
|J2 GLOBAL COMMUNICATIONS||84.46||32.6||2.59||1.74||2.06|
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