dividend growth has a far more positive long-term impact.
Below are several companies that recently used cash to increase dividends paid to their shareholders:
Artesian Resources Corporation (ARTNA) provides water, wastewater, and engineering services on the Delmarva Peninsula. September 28th the company increased its quarterly dividend 1.5% to $0.0.1930 per share. The dividend is payable on November 23, 2011 to shareholders of record at the close of business on November 11, 2011. The yield based on the new payout is 4.7%.
Atlantic Tele-Network, Inc. (ATNI) provides telecommunications services to rural, niche, and other under-served markets and geographies in the United States, Bermuda, and the Caribbean. September 28th the company increased its quarterly dividend 4.5% to $0.23 per share. The dividend is payable on October 14, 2011, to stockholders of record as of October 7, 2011. This is the thirteenth consecutive annual increase in the Company's dividend. The yield based on the new payout is 2.9%.
Comtech Telecommunications Corp. (CMTL) engages in the design, development, production, and marketing of products, systems, and services for communications solutions. September 27th the company increased its quarterly dividend 10% to $0.275 per share. The dividend is payable on November 22, 2011 to shareholders of record at the close of business on October 21, 2011. The yield based on the new payout is 4.0%.
Hickory Tech Corporation (HTCO) provides integrated communications services to business and residential customers in the Midwest. September 26th the company increased its quarterly dividend 4% to $0.14 per share. The dividend is payable on Dec. 5, 2011 to shareholders of record on Nov. 15, 2011. The yield based on the new payout is 6.1%.
ConAgra Foods, Inc. (CAG) operates as a food company primarily in North America. It operates in two segments, Consumer Foods and Commercial Foods. September 23rd the company increased its quarterly dividend 4% to $0.24 per share. The dividend is payable on on Dec. 1, 2011, to stockholders of record at the close of business on Oct. 31, 2011. The yield based on the new payout is 4.0%.
Covidien Public Limited Company (COV) develops, manufactures, and sells healthcare products for use in clinical and home settings. September 22nd the company increased its quarterly dividend 12.5% to to $0.225 per share. The dividend is payable Nov. 4 to shareholders as of Oct. 13. 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 dividend growth holdings here.
- Has The Insurance Industry Finally Turned The Corner?
- Are REITs and Utilities Good Dividend Investments?
- Market Timing vs. Buy And Hold
- Should You Still Buy-And-Hold Stocks?
- Bonds: The Next Bubble to Burst?
Tags: [ARTNA] [ATNI] [CMTL] [HTCO] [CAG] [COV]
Popular Posts - Last 7 days
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
A stock dividend , also known as a "scrip dividend", is a dividend payment made with stock instead of cash. Sometimes when compani...
The S&P 500 Index is owned and maintained by Standard & Poor's, a division of McGraw-Hill. The index was first published in 195...
Linked here is a detailed quantitative analysis of Colgate-Palmolive (CL). Below are some highlights from the above linked analysis: Comp...
Linked here is a detailed quantitative analysis of Pepsico, Inc. (PEP). Below are some highlights from the above linked analysis: Company...
Presented below are my dividend stock and ETF/CEF holdings. This is not a recommendation to buy these securities. I have classified some of...
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 ...
When looking for value-priced stocks , the Price-To-Book (P/B) ratio is one that I like to consider. P/B is calculated as share price divide...
Performance and sustainability - that's what investors in Dividend Growth Stocks are looking for. It's very easy to find stocks wi...