It is very easy for a CEO to get on a conference call and talk about confidence in the future while communicating glowing projections, but do they really believe what they are saying? Are there any actions that would make you believe what they are saying? Senior management purchasing company stock is a strong indicator of confidence in the future. Another indicator is sticking with a dividend plan, including regular increases.
Below are several select companies with a management confident enough to increase their cash dividends:
Keithley Instruments (KEI) designs, develops, manufactures, and markets complex electronic instruments and systems for high-performance production testing. May 10th the company increased its quarterly dividend to $0.0375/share. The dividend is payable June 30, 2010, to shareholders of record at the close of business on June 16, 2010. The ex-dividend date is June 14, 2010. The yield based on the new payout is 1.47%.
Timken Co. (TKR) is a manufacturer of highly engineered bearings and alloy steels. May 11th the company raised its quarterly dividend to $0.13/share The dividend is payable on June 2, 2010, to shareholders of record as of May 21, 2010. The ex-dividend date is May 19, 2010. The yield based on the new payout is 1.52%.
CPI Corp. (CPY) sells and manufactures professional portrait photography of babies, children, adults, and family groups. May 11th the company increased its quarterly dividend to $0.25/share. The ex-dividend date is May 19, 2010. The yield based on the new payout is 3.13%.
OPNET (OPNT) offers management software for networks and applications. May 11th the company raised its quarterly dividend to $0.10/share. The yield based on the new payout is 2.39%.
It takes more than confidence to increase dividends each and every year -- it takes a well managed company. For a list of stocks with a long string of consecutive cash dividend increases, see this list.
Full Disclosure: No position in the aforementioned securities. See a list of all my income holdings here.
Tags: [CPY] [KEI] [OPNT] [TKR]
Popular Posts - Last 7 days
Presented below are my dividend stock and ETF/CEF holdings. This is not a recommendation to buy these securities. I have classified some of...
Many Americans are worried that they might not have enough money for retirement. Women who outlive their husbands are at special risk, with ...
We have all heard it... Stodgy, for old people, yawn, boring! These have all been used to describe investing in dividend growth stocks. Neve...
Each Sunday I highlight any notable articles that I came across over the past week, along with any Carnivals I participated in. For those re...
Monday, October 31, 2011 will mark my fourth full year of writing as Dividends4Life . It is hard to believe another year has passed. Like th...
Linked here is a detailed quantitative analysis of AFLAC Incorporated (AFL). Below are some highlights from the above linked analysis: Co...
Like many that came before me, I am on a journey to construct a portfolio that will provide me... Dividends 4 Life
We all know what surprising the street will do to a stock's price. The street focuses on quarterly revenue, EPS, EBIT, EBITDA and margi...
When to buy a stock and at what price are very important decisions. However, serious investors will tell you the most important decision is ...
Linked here is a detailed quantitative analysis of Leggett & Platt, Inc. (LEG). Below are some highlights from the above linked analysis...