your retirement plans? Quality low-risk dividend growth stocks make an excellent addition to our retirement portfolio, and the good new is, you don’t have to wait until you retire to figure out what income it will generate.
Below are several companies delivering more cash to their shareholders by raising their dividends:
Tanger Factory Outlet Centers, Inc. (SKT) operates as a real estate investment trust (REIT). April 5th the company increased its quarterly dividend 5% to $0.21 per share. The dividend is payable on May 15, 2012 to holders of record on April 30, 2012. The yield based on the new payout is 2.8%.
The PNC Financial Services Group, Inc. (PNC) operates as a diversified financial services company in the United States and internationally. April 5th the company increased its dividend 14% to $0.40 per share. The dividend is payable May 5, 2012 to shareholders of record at the close of business April 17, 2012. The yield based on the new payout is 2.5%.
National Penn Bancshares, Inc. (NPBC) operates as the bank holding company for National Penn Bank that provides commercial banking products and services to residents and businesses primarily in eastern and central Pennsylvania. April 2nd the company increased its quarterly dividend 40% to $0.07 per share. The dividend is payable to shareholders of record as of May 5, 2012 and will be paid May 17, 2012. The yield based on the new payout is 3.0%.
QR Energy, LP (QRE) engages in the acquisition, exploitation, development, and production of onshore crude oil and natural gas properties in the United States. April 2nd the company increased its quarterly distribution 2.6% to $0.4875 per unit. The distribution is payable on August 10, 2012 to unitholders of record at the close of business on July 30, 2012. The yield based on the new payout is 9.1%.
Ennis, Inc. (EBF) engages in production and sale of business forms, other business products, and apparel. March 30th the company increased its quarterly dividend 13% to $0.175 per share. The dividend is payable May 1, 2012 to shareholders of record on April 16, 2012. The yield based on the new payout is 4.3%.
A. Schulman, Inc. (SHLM) supplies plastic compounds and resins for packaging, consumer products, industrial, and automotive applications. March 30th the company increased its quarterly dividend 11.8% to $0.19 per share. The dividend is payable May 1, 2012, to shareholders of record on April 19, 2012. The yield based on the new payout is 3.6%.
Selecting stocks with increasing dividends is critical for an income growth strategy. The above list contains stocks that recently raised their dividends and those expected to in 2012; 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 stocks. See a list of all my dividend growth holdings here.
- How To Build A Sustainable High Yield Portfolio
- 10 Stocks That Have Paid Dividends Since The 1800s
- 7 Exceptional Dividend Growth Stocks With Quality Financials
- Are You Patient Enough To Be Wealthy? These 12 Dividend Stocks Will Help You Wait
- 10 Dividend Stocks For Healthy and Wealthy Retirement
Tags: [SKT] [PNC] [NPBC] [QRE] [EBF] [SHLM]
Popular Posts - Last 7 days
I know very little about hockey, but I have always loved this quote: I skate to where the puck is going to be, not where it has been. &quo...
Any income investor will tell you that it is important for a company to sustain its dividend . However, as an investor in dividend growth st...
Linked here is a detailed quantitative analysis of Omega Healthcare Investors, Inc. (OHI). Below are some highlights from the above linked ...
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 ...
Has someone near and dear to you responded with a 'I was only trying to help' after royally messing something up? Have you ever tink...
Linked here is a detailed quantitative analysis of Target Corporation (TGT). 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
Linked here is a detailed quantitative analysis of Pfizer Inc. (PFE). Below are some highlights from the above linked analysis: Company ...
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...
Presented below are are my Dividend Growth Stocks portfolio holdings. This is not a recommendation to buy these securities. I have classifi...