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. I am interested in stocks with at least ten consecutive years of increasing annual regular dividend payments. Here is a list of such companies that increased their dividends last week.



Graco (NYSE:GGG), +10.42% dividend increase

Graco has declared quarterly dividend of $0.3975 (+10.42% increase). It goes ex-dividend on Jan-19-2018 and is payable on Feb-07-2018. Annualized dividend is $1.59 at a yield of 1.22%.



Excellent balance sheet average dividend payer





Pentair (NYSE:PNR), +1.449% dividend increase

Pentair has declared quarterly dividend of $0.350 (+1.449% increase). It goes ex-dividend on Jan-25-2018 and is payable on Feb-09-2018. Annualized dividend is $1.40 at a yield of 2.017%.



Adequate balance sheet average dividend payer





W.P. Carey Inc. REIT (NYSE:WPC), +0.498% dividend increase

W.P. Carey Inc. REIT has declared quarterly dividend of $1.010 (+0.498% increase). It goes ex-dividend on Dec-28-2017 and is payable on Jan-16-2018. Annualized dividend is $4.04 at a yield of 5.729%.



Average dividend payer with acceptable track record





C.H. Robinson Worldwide (NYSE:CHRW), +2.222% dividend increase

C.H. Robinson Worldwide has declared quarterly dividend of $0.460 (+2.222% increase). It goes ex-dividend on Dec-15-2017 and is payable on Dec-29-2017. Annualized dividend is $1.84 at a yield of 2.105%.



Adequate balance sheet average dividend payer





Ecolab (NYSE:ECL), +10.811% dividend increase

Ecolab has declared quarterly dividend of $0.410 (+10.811% increase). It goes ex-dividend on Dec-18-2017 and is payable on Jan-16-2018. Annualized dividend is $1.64 at a yield of 1.207%.



Solid track record average dividend payer





Edison International (NYSE:EIX), +11.521% dividend increase

Edison International has declared quarterly dividend of $0.605 (+11.521% increase). It goes ex-dividend on Dec-28-2017 and is payable on Jan-31-2018. Annualized dividend is $2.42 at a yield of 3.372%.



6 star dividend payer with acceptable track record





Erie Indemnity (NYSE:ERIE), +7.348% dividend increase

Erie Indemnity has declared quarterly dividend of $0.840 (+7.348% increase). It goes ex-dividend on Jan-05-2018 and is payable on Jan-23-2018. Annualized dividend is $3.36 at a yield of 2.792%.



Solid track record average dividend payer



