Dividend Increases This Week (Feb 26 - Mar 02)

One way to identify dividend growth stocks is to look for dividend increases. Companies that pay rising dividends are likely to be financially healthy and generate consistent cash flow. Here is a list of US and Canadian companies that increased their dividends this week.

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US Dividend Increases

McGrath RentCorp (MGRC) , +30.77% dividend increase

McGrath RentCorp has declared quarterly dividend of $0.3400 (+30.7692% increase). It goes ex-dividend on 04-13-2018 and is payable on 04-30-2018. Annualized dividend is $1.36 at a yield of 2.7222%. McGrath RentCorp has 16 years of consecutive dividend increase.

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Silgan Holdings Inc. (SLGN) , +11.11% dividend increase

Silgan Holdings Inc. has declared quarterly dividend of $0.1000 (+11.1111% increase). It goes ex-dividend on 03-15-2018 and is payable on 03-30-2018. Annualized dividend is $0.4 at a yield of 1.4281%. Silgan Holdings Inc. has 14 years of consecutive dividend increase.

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WGL Holdings, Inc. (WGL) , +0.98% dividend increase

WGL Holdings, Inc. has declared quarterly dividend of $0.5150 (+0.9804% increase). It goes ex-dividend on 04-09-2018 and is payable on 05-01-2018. Annualized dividend is $2.06 at a yield of 2.5006%. WGL Holdings, Inc. has 41 years of consecutive dividend increase.

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Canadian Dividend Increases

Pan American Silver Corp. (PAAS) , +40.0% dividend increase

Pan American Silver Corp. has declared quarterly dividend of C$0.0350 (+40.0000% increase). It goes ex-dividend on 03-02-2018 and is payable on 03-16-2018. Annualized dividend is C$0.14 at a yield of 0.7103%.

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Canadian Natural Resources Limited (CNQ) , +21.82% dividend increase

Canadian Natural Resources Limited has declared quarterly dividend of C$0.3350 (+21.8182% increase). It goes ex-dividend on 03-15-2018 and is payable on 04-01-2018. Annualized dividend is C$1.34 at a yield of 3.3685%.

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Bank of Nova Scotia (BNS) , +3.8% dividend increase

Bank of Nova Scotia has declared quarterly dividend of C$0.8200 (+3.7975% increase). It goes ex-dividend on 04-02-2018 and is payable on 04-26-2018. Annualized dividend is C$3.28 at a yield of 4.1351%.

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Brookfield Renewable Partners L.P. (BEP.UN ) , +4.81% dividend increase

Brookfield Renewable Partners L.P. has declared quarterly dividend of C$0.4900 (+4.8128% increase). It goes ex-dividend on 02-27-2018 and is payable on 03-29-2018. Annualized dividend is C$1.96 at a yield of 4.9847%.

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Disclaimer: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.