Companies that regularly increase dividends show confidence in the potential growth of future earnings.
Monitoring dividend increases for stocks on my watch list is one way to identify candidates for further analysis.
In the past few weeks, four companies on my watch list decided to increase their dividends.
We're in a quiet period for dividend increase announcements, so I'm scraping the bottom of the barrel here, lately.None of the four stocks in this week's announcement list increased their dividends by double-digit percentages.
The top increase is from Shoue Cardinal Inc (SCVL) with an increase of 7.14%. The stock now yields 1.58% at $19 per share and now has a dividend increase streak of six years.
No comments :
Post a Comment
Please don't include links in comments. I will mark such comments as spam and the comment won't be published. To make me aware of your blog or website, comment on my Blogrole page instead.