We monitor dividend changes of stocks in Dividend Radar, a weekly automatically generated spreadsheet listing stocks with dividend streaks of five years or more. The Dividend Radar spreadsheet separates stocks into categories three categories: Champions (with increase streaks of 25+ years), Contenders (10-24 years), and Challengers (5-9 years).
Over this three-week period, twelve companies in Dividend Radar decided to increase their dividends, including three of my DivGro holdings. Note there were no dividend cuts or suspensions announced for Dividend Radar stocks during this period.
As a dividend growth investor, my objective is to identify high-quality dividend growth stocks trading at reasonable valuations. That's a tough task, though, as such stocks often trade at premium valuations.
I monitor dividend increase announcements and usually select a high-quality stock (according to DVK Quality Snapshots) for consideration.
To read about these announcements, please read this article on Seeking Alpha.
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