earnings compounding, but the rate of earnings is growing.
Below are several companies compounding their shareholders income with increased cash dividends:
Newell Rubbermaid Inc. (NWL) designs, manufactures, and markets consumer and commercial products. May 10th the company increased its quarterly dividend 25% to $0.10 per share. The dividend is payable June 15, 2012 to common stockholders of record at the close of business on May 31, 2012. The yield based on the new payout is 2.2%.
Costco Wholesale Corporation (COST) operates membership warehouses that offer a selection of branded and private label products in a range of merchandise categories in no-frills, self-service warehouse facilities. May 9th the company increased its quarterly 14.6% dividend to $0.275 per share. The quarterly dividend is payable June 8, 2012, to shareholders of record at the close of business on May 25, 2012. The yield based on the new payout is 1.3%.
Quaker Chemical Corporation (KWR) develops, produces, and markets various formulated chemical specialty products for heavy industrial and manufacturing applications worldwide. May 9th the company increased its quarterly dividend 2.1% to $0.245 per share. The dividend is payable on July 31, 2012, to shareholders of record at the close of business on July 17, The yield based on the new payout is 2.1%.
CSX Corporation (CSX) provides rail-based transportation services, providing traditional rail service and the transport of intermodal containers and trailers. May 9th the company increased its quarterly dividend 7% increase to $0.14 per share. The dividend is payable on June 15, 2012 to shareholders of record at the close of business on May 31, 2012. The yield based on the new payout is 2.2%.
LyondellBasell Industries N.V. (LYB) manufacturers and sells chemicals and polymers, refines crude oil, produces gasoline blending components, and develops and licenses technologies for the production of polymers. May 9th the company increased its quarterly dividend 60% to $0.40 per share. The dividend is payable on June 11, 2012 to shareholders of record as of May 21, 2012. The yield based on the new payout is 4.0%.
Hercules Technology Growth Capital, Inc. (HTGC) is a private equity, venture capital, and venture debt firm specializing in providing debt and equity to privately held venture capital and private equity backed companies and select publicly-traded companies. May 8th the firm increased its quarterly dividend 4% to $0.24 per share, an increase of 4.0%. The dividend is payable on May 25, 2012, to shareholders of record as of May 18, 2012. The yield based on the new payout is 8.4%.
Mine Safety Appliances Company (MSA) engages in the development, manufacture, and supply of products that protect people's health and safety in the fire service, homeland security, oil and gas, construction, and other industries. May 8th the company increased its quarterly dividend 8% to $0.28 per share. The dividend is payable June 10, 2012 to shareholders of record on May 21, 2012. The yield based on the new payout is 2.7%.
NV Energy, Inc. (NVE) engages in the generation, transmission, distribution, and sale of electric energy in Nevada. May 8th the company increased its quarterly dividend 31% to $0.17 per share. The dividend is payable June 20, 2012 to shareholders of record on June 5, 2012. The yield based on the new payout is 4.0%.
Intel Corporation (INTC) designs, manufactures, and sells integrated digital technology platforms primarily in the Asia-Pacific, the Americas, Europe, and Japan. May 7th the company increased its quarterly dividend 7% to $0.225 cents per share. Today's announcement is the third dividend increase in the past 18 months. Intel's dividend has increased every year over the past decade. The yield based on the new payout is 3.2%.
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 INTC in my Dividend Growth Portfolio. See a list of all my dividend growth holdings here.
- 7 High Quality, Low Beta Dividend Stocks
- 5 Dividend Stocks With Yields In The Sweet Spot
- How To Manage Your Dividend Portfolio In A Downturn
- The Current Financial Situation Should Concern Us All
- Finding The Perfect Dividend Stock
Tags: [INTC] [COST] [CSX] [KWR] [NWL] [MSA] [LYB] [HTGC] [NVE]
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...
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...
We all want to succeed in everything that we do, including investing in the stock market. Though I have no analytical data to back it up, I ...
Like many that came before me, I am on a journey to construct a portfolio that will provide me... Dividends 4 Life
For many investors, there is no clear conviction as to how they should invest. Today’s investments are guided by what was read yesterday, a...
Each Sunday I highlight the Carnivals I participated in over the past week, along with any notable articles that I came across. For those re...
Linked here is a detailed quantitative analysis of Johnson & Johnson (JNJ). Below are some highlights from the above linked analysis: ...
Linked here is a detailed quantitative analysis of John Wiley & Sons (JW-A). Below are some highlights from the above linked analysis: ...
There are income investors and Dividend Growth investors. While the distinction is rather simple, it slips past many casual observers. Inco...
This article originally appeared on The DIV-Net June 30, 2008. Some may have wondered what is the connection between Dividend and Value I...