Companies that regularly increase their dividends show confidence in future earnings growth potential. I monitor dividend increases for stocks on my watch list of dividend growth stocks to identify candidates for further analysis.Last week, 22 companies announced dividend increases. Part 1 of this article covered increases from the Industrials, Health Care, and Utilities sectors. This is Part 2, which covers the remaining sectors.
Four of the 11 stocks covered in Part 2 announced double-digit percentage increases!
The top increase is from Inter Parfums (IPAR), a company that manufactures, markets, and distributes an array of fragrance and fragrance-related products. IPAR announced a spectacular increase of 31% and now yields 1.80% at $61.20 per share.The runner up is Automatic Data Processing (ADP) with a solid increase of about 14%. The company provides technology-enabled human capital management solutions and business process outsourcing solutions. The stock now yields 2.15% at $147.19 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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