Includes: CSX • ENLC • GLP • HEP • HFWA • JNJ • KMI • LAZ • LHO • MWE • NGLS • PFG • PG • SO • SPG • SSW • TRGP • TRV
I monitor dividend increases for stocks on my watch list to identify candidates for further analysis and for possible inclusion in DivGro, my portfolio of dividend growth stocks. 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 portfolio. When dividends increase, I make YoC adjustments and update DivGro's projected annual dividend income, a measure of the incom e potential of the portfolio over the next 12 months.
In the past two weeks, 18 of the companies on my watch list announced dividend increases. Increases vary from 20% to as low as 1%.
Please see this Seeking Alpha article for details.