Companies that regularly raise their dividend payments show confidence in the potential growth of future earnings.
I monitor dividend increases for stocks on my watch list of dividend growth stocks to identify candidates for further analysis.
This week, 28 companies on my watch list declared dividend increases, including one of the stocks I hold in my portfolio.
The article presents dividend increases from companies in the Financials, REITs, and Utilities sectors. (Part 2 will cover companies from the remaining sectors).
Four stocks in the Financials, REITs, and Utilities sectors announced double-digit percentage increases. The top increase of 21% is from Kennedy-Wilson Holdings Inc (KW).