Monitoring dividend increases for stocks on my watch is one way to identify candidates for further analysis. Last week, 33 companies on my watch list declared dividend increases, including two stocks I own.
To create my watch list, I screen the CCC list, using the following filters:
- Market cap ≥ $500M
- No stocks that are being acquired
- No over-the-counter or pink sheet stocks
- Dividend Yield ≥ 1.5% for Challengers
- Dividend Yield ≥ 1.0% for Contenders and Champions
Part 1 presented dividend increases of stocks in the Real Estate and Financials sectors. Part 2 covered dividend increase announcements from stocks in the Consumer Discretionary and Materials sectors. Here, I cover increases from stocks in the remaining sectors. The table below presents a summary of these increases.
The table is sorted by the percentage increase, %Incr. Dividends are annualized and in US$, unless otherwise indicated. Yield is the new dividend yield for the market close Price on the date listed. Yrs are years of consecutive dividend increases, while 5-yr DGR is the compound annual growth rate of the dividend over a 5-year period. 1-yr %Incr is the percentage increase from the year-ago dividend (Some companies increase their dividends more than once a year, so this puts the most recent dividend increase in context).
Summary of Dividend Increases: February 19-23, 2018 |
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Previous Post: 27 Dividend Increases: February 12-16, 2018 |
• Waste Management (WM)
Based in Houston, Texas, WM is a leading provider of comprehensive waste management services in North America. Through its subsidiaries, the company provides collection, transfer, recycling and resource recovery, and disposal services. It is also a leading developer, operator and owner of landfill gas-to-energy facilities in the United States. The company's customers include residential, commercial, industrial, and municipal customers. WM is headquartered in Houston, Texas.
