I monitor dividend announcements for 700+ dividend growth stocks in my database and report on them in a weekly article series published at Seeking Alpha.
This week, 11 stocks in my database announced dividend increases (including two stocks I own), while one cut its dividend by 49% and one declared a special dividend.
Celebrating increases for the stocks I own is satisfying, but a dividend increase carries a broader signal: it tells me a company has the cash flow and confidence to sustain a higher baseline payout. On the flip side, a dividend cut, or even an unexpected token increase, can signal that the company's outlook may be weakening.
