It seems that every investing article ends with the same conclusion - you should be buying dividend stocks. Beyond the simple concepts, some of the writers are making really bad recommendations and cross-breeding dividend investing with their preferred form of investing.
Dividend growth investing is not about exit points, momentum swings, relative strength, sector rotation; instead it is about studying fundamentals, selecting superior stocks and building a portfolio with a long-term horizon. When we buy a dividend stock, we hope to hold it forever.
This week several companies provided their shareholders positive feedback with increased cash dividends:
Lowe's Companies, Inc. (LOW) operates as a home improvement retailer in the United States, Canada, and Mexico. May 27th the company increased its quarterly dividend 27% $0.14 per share. The dividend is payable August 3, 2011, to shareholders of record as of July 20, 2011. Lowe’s has declared a cash dividend each quarter since going public in 1961. The yield based on the new payout is 2.3%.
Electro Rent Corporation (ELRC) engages in the rental, lease, and sale electronic equipment. June 2nd the company increased its quarterly dividend 33% to $0.20 per share. The dividend is on July 8, 2011 to shareholders of record as of June 20, 2011. The yield based on the new payout is 5.5%.
Hersha Hospitality Trust (HT) is a real estate investment trust focused on upscale, mid-scale and extended stay hotels in major metropolitan markets. June 1st the company increased its quarterly dividend 20% to $0.06 per share. The dividend is payable July 15, 2011 to holders of record as of June 30, 2011. The yield based on the new payout is 4.1%.
Micrel Incorporated (MCRL) designs, develops, manufactures, and markets high-performance analog power, mixed-signal and digital integrated circuits. May 31st the company increased its quarterly dividend 14.3 percent increase in the Company's quarterly dividend on its common stock. The new quarterly dividend rate of $0.04 per common share will be effective for the next dividend that is expected to be paid in the third quarter of 2011. The yield based on the new payout is 1.5%.
Douglas Emmett, Inc. (DEI) is a real estate investment trust that owns and operates office and multifamily properties in California and Hawaii. May 31stthe company increased its quarterly dividend 30% to $0.13 per share. The dividend is payable on July 15, 2011 to shareholders of record as of June 30, 2011. The yield based on the new payout is 2.5%.
Triangle Capital Corporation (TCAP) is a private equity and venture capital firm specializing in transactions in lower middle market companies. May 31st the company increased its quarterly dividend 7.3% to 0.44 per share. The dividend is payable on June 29, 2011 to the shareholders of record at the close of business on June 15, 2011. The yield based on the new payout is 9.2%.
Great Lakes Dredge & Dock Corporation (GLDD) engages in the business of marine construction, primarily dredging, and commercial and industrial demolition. May 31st the company increased its quarterly dividend 23.5% to $0.021 per share. The dividend is payable on June 17, 2011 to the holders of record of common stock of the Company at the close of business on June 10, 2011. The yield based on the new payout is 1.4%.
Albany International (AIN) is a global advanced textiles and materials processing company. May 27th the company increased its quarterly dividend 2.3% to $0.13 per share. The dividend is payable on July 8, 2011, to shareholders of record on June 7, 2011. The yield based on the new payout is 1.9%.
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: No position in the aforementioned securities. See a list of all my income holdings here.
- 9 High-Yield Managed Distribution Policy Funds
- The Elite Dividend Stocks List
- Dividend Stocks Poised To Beat Inflation
- Is It Time To Sell Long-Bonds?
- Stocks That Pay Monthly Dividends
Tags: [ELRC] [HT] [MCRL] [DEI] [TCAP] [GLDD] [AIN] [LOW]
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...
There is perceived safety in size. Giant corporations aren't randomly grown. Instead, they are carefully built through superior manageme...
When selecting income investments, the three most important questions to answer are: 1.) Is the investment increasing its dividend each yea...
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...
Linked here is a detailed quantitative analysis of General Mills, Inc. (GIS). Below are some highlights from the above linked analysis: C...
Linked here is a detailed quantitative analysis of Walgreen Co. (WAG). Below are some highlights from the above linked analysis: Company ...
Investing in dividend growth stocks is a long-term proposition. One of the beauties of following a dividend growth strategy is that you d...
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 General Dynamics (GD). Below are some highlights from the above linked analysis: Compa...
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...