Companies that regularly increase dividends show confidence in the potential growth of future earnings.
Monitoring dividend increases for stocks on my watch list helps me identify candidates for further analysis.
Last week, 36 companies on my watch list announced dividend increases. Part 1 covered dividend increases announced by Financials sector stocks, while Part 2 covered Energy and Real Estate sector stocks. This article is Part 3, which covers dividend increases from the remaining sectors.
Only one stock the remaining sectors announced a double-digit percentage increase. It happens to be a stock that I own in DivGro!ABBV is biopharmaceutical company based in North Chicago, Illinois. The company announced a dividend increase of 10.9% and the stock now yields 3.12% at $90.96 per share.
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