Monitoring dividend increases for stocks on my watch is one way to identify candidates for further analysis. Companies that regularly increase their dividends show confidence in future earnings growth potential.This past week, 13 companies announced dividend increases, including three of the stocks I own.
Five of these increases are double-digit percentage increases!
The top increase is from Abbott Laboratories (ABT), a company that discovers, develops, manufactures, and sells health care products worldwide. ABT announced a solid increase of 14% and now yields 1.81% at $70.76 per share.The runner-up is Franklin Resources (BEN), a global investment management company operating as Franklin Templeton Investments. BEN announced a solid increase of 13% and now yields 3.32% at $31.37 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.
Feel free to leave comments on this article either here or at Seeking Alpha.
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