As part of my monitoring process, I review the list of dividend increases every week. This helps me review companies I own. It also helps me identify companies I may be interested in.
When I review the list of dividend increases for the week, I usually focus my attention on the companies that raised dividends for at least a decade. The next step involves doing a quick review of fundamentals, which is documented in this type of article.
I look at trends in earnings per share, dividends per share in order to get an idea of how sustainable the current dividend is. It also helps me get an idea whether dividend growth is supported by growth in earnings, which can help me in deciding the likelihood of future dividend growth.
In general, I also look at valuation as well. I look at P/E ratios in conjunction with earnings and dividend growth. Companies with more dependable earnings get more points than companies whose earnings are more cyclical and harder to depend on.
Now that we got this out of the way, it is time to present the list of companies that 1) Raised dividends last week and 2) have managed to increase dividends annually for at least a decade.
This article originally appeared at Dividend Growth Investor.