Published Mon, 04 Feb 2019 08:00:00 -0500 on Seeking Alpha
I monitor dividend increases because it helps me to identify candidates for further analysis. Companies that regularly raise their dividend payments show confidence in future earnings growth potential.
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 ≥ $1 billion No stocks that are being acquired No Over-The-Counter or Pink Sheet stocks This past week, 27 companies that announced dividend increases passed these screens.
The table below presents a summary of increases announced for stocks in the Industrials and Financials sectors. See Part 2 for coverage of the remaining sectors.
The table is sorted by the percentage increase, %Incr. Dividends are annualized and in US$, 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: January 28-February 1, 2019
Previous Post: Dividend Increases: January 14-18, 2019
Independent Bank Group (IBTX) IBTX operates as the bank holding company for Independent Bank, which provides a... Read more
|Stock name||Last trade||P/E||Earnings/Share||Dividend/Share||Dividend yield|
|PROVIDENT FINANCIAL SERVICES||25.45||13.0||1.95||0.92||3.71|
|FIRST HORIZON NATIONAL||16.46||9.2||1.79||0.56||3.42|
|FIRST INTERSTATE BANCSYSTEM||40.52||15.2||2.66||1.24||3.10|
|ARTHUR J GALLAGHER||87.81||24.0||3.66||1.72||1.95|
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