Companies that regularly raise dividends show confidence in the potential growth of future earnings.
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.
This past week, 19 companies on my watch list announced dividend increases, including one of the stocks I own.
One stock in my DivGro portfolio announced a dividend increase: Eversource Energy (ES). While the increase of 6.74% is a little less than I would like to see, it handily beats the current inflation rate, so don't have too much to complain about.
Five stocks announced double-digit percentage increases!