Companies that regularly increase their dividends show confidence in the potential growth of future earnings. Monitoring dividend increases for stocks on my watch is one way I identify candidates for further analysis.This week, 19 companies decided to increase their dividends, including 2 of the stocks I own.
Part 1 covers stocks in the Energy, Industrials, and Materials sectors. Part 2 will cover the remaining sectors.
Of the 8 stocks I'm covering in Part 1, the top increase is 21%!
The top increase is from Lincoln Electric Holdings (LECO), a company that designs, develops, manufactures, and sells arc-welding products, robotic arc welding systems, plasma, and oxy-fuel cutting equipment. LECO announced an impressive increase of 21% and now yields 2.27% at $82.76 per share.Two stocks share second place with increases of 9% each. 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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