dividend growth stocks send them consistently and give us a raise at least once a year.
Some companies want to give their shareholders something special. When you have a mountain of cash sitting on your balance sheet you can make your shareholders really happy by sharing the wealth in the form of special dividend, and that's what these two companies decided to do this week...
August 27th, AOL Inc. (AOL), a Web services company, announced a special, one-time, cash dividend of $5.15 per share. The dividend is payable on December 14, 2012 to shareholders of record at the close of business on December 5, 2012. That's more than a 15% yield for the special dividend.
Not to be outdone, Fisher Communications, Inc. (FSCI), an integrated media company, announced on the same day a $10.00 per share special one-time dividend. The dividend is payable on October 19, 2012 to shareholders of record on September 28, 2012. That's nearly a 28% yield for the special dividend.
Below are couple of other companies increasing their cash dividends the traditional way during the last week:
Harris Corporation (HRS) operates as a communications and information technology company that serves government and commercial markets worldwide. August 27th the company increased its quarterly dividend 12% to 37 cents per share. The dividend is payable September 19, 2012, to shareholders of record September 7, 2012. The yield based on the new payout is 3.2%.
Triangle Capital Corporation (TCAP) is a business development company specializing in private equity and venture capital investments. August 29th the company increased its quarterly dividend 4% to $0.52 per share. The dividend is payable September 26, 2012 to shareholders of record September 26, 2012. The yield based on the new payout is 8.5%.
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.
- 10 High-Energy, High-Yield Dividend Stocks
- 12 Dividend Stocks For A Powerful Income Stream
- 7 Dividend Stocks Sporting A Five-Star Rating
- 10 Dividend Stocks Ignoring The 4% Rule
- Dividend Stock Bubble: Is It Even Possible?
Tags: [AOL] [FSCI] [HRS] [TCAP]
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...
The election may be settled, but investors fears are not. When Obama was first elected, the market plunged on worries of the looming Fiscal...
Linked here is a detailed quantitative analysis of Walgreen Co. (WAG). Below are some highlights from the above linked analysis: Company ...
Linked here is a detailed quantitative analysis of Becton, Dickinson and Co. (BDX). Below are some highlights from the above linked analysi...
Each Sunday I highlight any notable articles that I came across over the past week, along with any Carnivals I participated in. For those re...
Investing in dividend growth stocks is a long-term proposition. One of the beauties of following a dividend growth strategy is that you d...
The Broad Dividend Achievers™ Index is comprised of companies incorporated in the United States or its territories, trade on the NYSE, NASDA...
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...
When to buy a stock and at what price are very important decisions. However, serious investors will tell you the most important decision is ...
In the southern U.S. where I live, there has been some controversy over harvesting forests of hardwoods and reseeding them with pines. Growi...