Deferred gratification is a principle where one or more people choose to postpone near-term benefits in order to enhance their chances of greater benefits in the future. In our microwave society marked by the ‘I want it now’ attitude, it is unusual to find someone willing to wait. However, deferred gratification is essential for anyone wanting to build wealth and is a key ingredient in a successful dividend investing strategy.
Below are several stocks building future gratification through with the promise of higher future cash dividends:
Omega Healthcare Investors, Inc. (OHI) is a real estate investment trust investing in and providing financing to the long-term care industry. April 14th the company increased its quarterly dividend 2.7% to $0.38/share. The dividend is payable May 16, 2011 to common stockholders of record on April 29, 2011. The yield based on the new payout is 6.4%.
The Dow Chemical Company (DOW) engages in the manufacture and supply of products used primarily as raw materials in the production of customer products and services worldwide. April 14th the company increased its quarterly dividend 67% to $0.25/share. The dividend will be payable on July 29, 2011 to shareholders of record on June 30, 2011. Dow has paid its shareholders cash dividends every quarter since 1912. The yield based on the new payout is 2.7%.
H.B. Fuller Company (FUL) is a leading global adhesives provider focusing on perfecting adhesives, sealants, paints and other specialty chemical products. April 14th the company increased its quarterly dividend 7% to $0.075/share. The dividend is payable on May 12, 2011, to shareholders of record at the close of business on April 28, 2010. The yield based on the new payout is 1.4%.
Duncan Energy Partners L.P. (DEP) is a publicly traded partnership that provides midstream energy services, including gathering, transportation, marketing and storage of natural gas. April 14th the company increased its quarterly dividend 2.2% to $0.4475/unit. The distribution is payable May 6, 2011, to unitholders of record at the close of business on Friday, April 29, 2011. The yield based on the new payout is 4.7%.
United Technologies Corp. (UTX) is a diversified company that provides high technology products and services to the aerospace and building industries worldwide. April 13th the company increased its quarterly dividend 12.9% to $0.48/share. The dividend is payable June 10 to shareowners of record at the close of business May 20. The ex-dividend date is May 18. The yield based on the new payout is 2.3%.
Gladstone Investment Corporation (GAIN) is a publicly traded business development company that seeks to make debt and equity investments in small and mid-sized businesses in the United States. April 12th the company increased its monthly dividend 12.5% to $0.045/share. The dividend is payable April 29th to shareholders of record on April 22nd. The yield based on the new payout is 7.4%.
Plains All American Pipeline, L.P. (PAA) is a publicly-traded master limited partnership engaged in the transportation, storage, terminalling and marketing of crude oil, refined products and liquefied petroleum gas and other natural gas related petroleum products. April 11th the company increased its quarterly dividend 1.3% to $0.97 per unit ($3.88 per unit on an annualized basis) on all of its outstanding limited partner units. The distribution is payable on May 13, 2011, to holders of record of such units at the close of business on May 3, 2011. The yield based on the new payout is 6.1%.
The Procter & Gamble Company (PG) provides consumer packaged goods in the United States and internationally. April 11th the company increased its quarterly dividend 9% to $0.525/share. The dividend is payable on or after May 16, 2011 to shareholders of record at the close of business on April 29, 2011. P&G has been paying a dividend for 121 consecutive years since its incorporation in 1890 and has increased its dividend for 55 consecutive years at an annual compound average rate of approximately 9.5%. The yield based on the new payout is 3.3%.
Selecting stocks with increasing dividends is critical for an income growth strategy. The above list contains stocks that recently raised their dividends; it is not a list of recommend buys. As always, due diligence should be performed before buying or selling any stock. For a list of stocks with a long string of consecutive cash dividend increases, see this list.
Full Disclosure: Long UTX, PG. See a list of all my income holdings here.
- 13 Dividend Stocks Headed In The Right Direction
- List of 195 Dividend Stocks Every Income Investor Should Know About
- 10 Dividend Stocks Raising Their Payouts And Yields
- Don't Touch These 5 Dividend Stocks!
- Walgreen Co. (WAG) Dividend Stock Analysis
Tags:[OHI] [DOW] [FUL] [DEP] [UTX] [GAIN] [PAA] [PG]
Popular Posts - Last 7 days
The difference between an income investor and a dividend growth investor is time and the understanding of how compound growth works. If you...
Linked here is a detailed quantitative analysis of McDonald's Corporation (MCD). Below are some highlights from the above linked analys...
How much money will you need for retirement ? This a very difficult question to answer. There are many factors and assumptions that go into ...
Linked here is a detailed quantitative analysis of Wells Fargo & Company (WFC). Below are some highlights from the above linked analysi...
Presented below are my dividend stock and ETF/CEF holdings. This is not a recommendation to buy these securities. I have classified some of...
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...
Like many that came before me, I am on a journey to construct a portfolio that will provide me... Dividends 4 Life
This is a guest post by Jeremy J. McNeil. Many of you may remember Jeremy as the original Dividend Guy. He was also one of the founding mem...
Each Sunday I highlight any notable articles that I came across over the past week. Though I may not always agree with each of the articles ...
Linked here is a detailed quantitative analysis of ConocoPhillips Co. (COP). Below are some highlights from the above linked analysis: Co...