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7 Dividend Increases: April 11-15, 2016


Companies that regularly raise their dividend payments show confidence in future earnings growth potential.

I like monitoring dividend increases for stocks on my watch list of dividend growth stocks, because I consider such stocks to be candidates for further analysis.

Recently, 7 companies on my watch list decided to increase their dividends, including 1 of the stocks I own.

One way to identify dividend growth stocks for further analysis is to monitor dividend increases. Companies that regularly raise dividends show confidence in the potential growth of future earnings. This week, 7 companies on my watch list declared dividend increases, including 1 of the stocks I own. The following table provides a summary of these increases.

The table is sorted by last column, %Incr. Dividends are annualized and in US$, unless otherwise indicated. Yield indicates 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.

Summary of Dividend Increases: April 11-15, 2016

Previous Post: 7 Dividend Increases: March 28-April 8, 2016

• International Speedway Corp (NASDAQ:ISCA)

ISCA owns and/or operates 13 motorsports entertainment facilitates and promotes more than 100 motorsports racing events in the United States. The company's motorsports themed events consist primarily of racing events at facilities such as Daytona International Speedway, Talladega Superspeedway, and Michigan International Speedway. ISCA was founded in 1953 and is headquartered in Daytona Beach, Florida. On Wednesday, April 13, ISCA increased its annual dividend to 41¢ per share, an increase of 57.69%. The first payment will be on June 30 to shareholders of record on May 31. The ex-dividend date is May 26.

• Costco Wholesale (NASDAQ:COST)
Founded in 1976 and based in Issaquah, Washington, COST operates more than...