One way to identify dividend growth stocks for further analysis is to monitor dividend increases. Companies can only increase their dividends regularly and sustainably if they grow earnings sufficiently.Last week, 28 companies declared dividend increases, including 2 of my DivGro holdings. I already covered dividend increases of stocks in the Real Estate, Health Care, and Industrial sectors. Today I'm covering dividend increases of stocks in the remaining sectors.
In this list of the 11 stocks, no fewer than six stocks announced double-digit percentage increases. And the top increase is a spectacular 51%! To learn about these increases, read on...
The top increase is from Broadcom (AVGO), a San Jose-based company that designs, develops, and supplies a range of semiconductor devices for use in various applications. AVGO's increase of 51% boosts its yield to 4.64% at $228.26 per share.The runner-up is Marriot Vacations Worldwide (VAC), which develops, markets, sells, and manages vacation ownership products under various brands. The stock now yields 2.48% at $72.60 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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