Companies that regularly raise their dividend payments show confidence in future earnings growth potential. One way to identify dividend growth stocks for further analysis is to monitor dividend increases.In the past week, 9 companies announced dividend increases.
Four of these increases are double-digit percentage increases!
The top increase is from A.O. Smith (AOS), a company that manufactures and markets water heaters, boilers, and other products for residential and commercial end markets in the United States, China, Canada, Europe, and India. AOS announced an impressive increase of 22% and now yields 1.84% at $47.76 per share.The runner-up is Goodyear Tire & Rubber (GT). The company develops, manufactures, distributes, and sells tires and related products and services worldwide. GT announced an increase of 14% and now yields 3.11% at $20.59 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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