increased its quarterly dividend 25% to $0.20 per share. The dividend is payable Aug. 1, 2012, to shareholders of record as of July 6, 2012. The yield based on the new payout is 2.7%.
Below are some other companies increasing their cash dividends during the last week:
General Mills, Inc. (GIS) manufactures and markets branded consumer foods worldwide. June 26th the company increased its quarterly dividend 8% to $0.33 per share. The dividend is payable Aug. 1, 2012, to shareholders of record July 10, 2012. The yield based on the new payout is 3.5%.
Duke Energy Corporation (DUK) operates as an energy company in the United States and Latin America. June 26th the company increased its quarterly dividend 2% to $0.255 per share. The dividend is payable on Sept. 17, 2012, to shareholders of record at the close of business Aug. 17, 2012. The yield based on the new payout is 4.4%.
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 srocks. See a list of all my dividend growth holdings here.
- A Roadmap To Build Wealth With Dividend Stocks
- The Good, The Bad and The Ugly of Dividend Stocks
- 12 Blue Chip Dividend Stocks For When the Chips Are Down
- Spanning the World For The Best Dividend Stocks
- My Five Top And Bottom Performing Dividend Stocks
Tags: [BBT] [GIS] [DUK]
Popular Posts - Last 7 days
A stock dividend , also known as a "scrip dividend", is a dividend payment made with stock instead of cash. Sometimes when compani...
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 ...
Linked here is a detailed quantitative analysis of Johnson Controls, Inc. (JCI). Below are some highlights from the above linked analysis: ...
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...
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...
Like many that came before me, I am on a journey to construct a portfolio that will provide me... Dividends 4 Life
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...
Linked here is a detailed quantitative analysis of HCP, Inc. (HCP). Below are some highlights from the above linked analysis: Company Des...
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...