I review the list of dividend increases each week, as part of my monitoring process. This exercise helps me monitor existing holdings and potentially identify companies for further research.
Dividend increases offer a good gauge for management’s opinion on near terms business conditions and their affect on company cashflows. As a result, dividend increases can provide a good overview of management’s assessment of the business environment. Changes in the pace in dividend increases could provide valuable insight about the business, in conjunction with other factors at play, that could potentially provide investors with a slight edge.
I identified six companies that increased dividends last week. All of these companies have managed to increase dividends for at least a decade. My short review of each company is listed here.
This post originally appeared at Dividend Growth Investor.