Companies can only raise their dividends sustainably if they grow earnings sufficiently. I monitor dividend increase announcement to identify candidates for further analysis.In the past two weeks, 12 companies declared dividend increases, including one of the stocks I hold in my portfolio.
Four of the dividend increases are double-digit percentage increases.
The top increase is from KeyCorp (KEY), an integrated multi-line financial services company founded in 1849 and is headquartered in Cleveland, Ohio. The company announced a spectacular increase of 42%, so KEY now yields 3.41% at $19.56 per share.To see details of these increases, please read this article at Seeking Alpha.
As a bonus, I'm including a summary of ex-dividend dates for the next two weeks. Scan the list of stocks to see if there's a stock you want to pick up before the ex-dividend date so you can grab the next dividend.
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