dividend growth stocks prefer to build their own. Granted, the current yield may never be classified as high-yield, but over time the yield-on-cost can reach epic heights.
This week a few companies chose to build a higher yield for their shareholders with higher cash dividends:
El Paso Electric Company (EE), a public utility company, engages in the generation, transmission, and distribution of electricity in west Texas and southern New Mexico. May 31st the company increased its quarterly dividend 13.6% to $0.25 per share. The dividend is payable June 29, 2012 to shareholders of record on June 15, 2012. The yield based on the new payout is 3.3%.
Epiq Systems, Inc. (EPIQ) provides integrated technology solutions for the legal profession in the United States and internationally. May 30th the company increased its quarterly dividend 30% to $0.065 per share. The quarterly cash dividend is payable August 17, 2012, to stockholders of record at the close of business on July 16, 2012. The yield based on the new payout is 2.3%.
Post Properties, Inc. (PPS) is a real estate investment trust that primarily develops, owns, and manages multi-family apartment communities. May 30th the company increased its quarterly dividend 13% to $0.25 per share. The dividend is payable July 13, 2012 to shareholders of record as of June 29, 2012. The yield based on the new payout is 2.1%.
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.
- 5 Dividend Stocks In Need Of A Market Correction
- My Top And Bottom Performing Dividend Growth Stocks
- 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
Tags: [EE] [EPIQ] [PPS]
Popular Posts - Last 7 days
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...
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 Pfizer Inc. (PFE). Below are some highlights from the above linked analysis: Company ...
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 ...
Over time we tend grow fond of people we have a relationship with. Sometimes we grow to love them like a brother or sister; sometimes even m...
Like many that came before me, I am on a journey to construct a portfolio that will provide me... Dividends 4 Life
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...
A photograph captures a moment in time. Seconds after the flash dims a tree could have fallen on the object of the photo or the sad looking ...