Includes: ADI • ALV • BPL • CCE • CMP • D • GPC • HAS • KMB • KO • LLL • NEE • NHI • NWE • OMI • SBSI • SCG • SRE • STR • TROW
• UPS • XEL • WMB • WMT
I monitor dividend increases for stocks on my watch list because it is a convenient way to identify dividend growth candidates. Companies that regularly increase their dividends show confidence in future earnings growth potential.
Another reason I monitor dividend increases is that I track the yield on cost (YoC) of stocks in my DivGro portfolio. When dividends increase, I make YoC adjustments and update DivGro's projected annual dividend income, a measure of the income potential of the portfolio over the next 12 months.
In the past two weeks, 24 of the companies on my watch list announced dividend increases. Increases vary from 20% to as low as 1%. Please read this Seeking Alpha article for details.