Each week, I go through the list of dividend increases in order to monitor performance of existing holdings, and uncover hidden dividend gems.
I then narrow down the list by eliminating companies with a dividend growth streak that is less than a decade. I also look at things like trends in earnings per share, dividends per share, dividend payout ratios, in order to determine the likelihood of future dividend growth and growth in intrinsic value.
It's important to have an overview of the latest dividend growers in order to get the future dividend kings on my radar first. With this method, I can also see how big the future yield will be if the calcualte the announced dividend. Sometimes, there could a low yielder become a high yield in just a year only by hiking dividends.
Over the past week, there raised a lot of stocks their payouts. You can find the full compilation of the latest dividend growth stocks attached.
Here are the latest dividend growth stocks....