Dividend Growth Stocks have been very busy this week. It is nice to know my income portfolio never takes a day off. What’s even better is the portfolio is frequently getting a raise through higher cash dividend payments.
Here are several select companies that have recently provided their shareholders a raise with increased cash dividends:
CVB Financial Corp. (CVBF) operates as the bank holding company for Citizens Business Bank that provides various banking and trust services for small-and medium-sized businesses, professionals, and individuals. June 19th the company increased its quarterly dividend 18% to $0.10 per share. The dividend is payable July 18, 2013 to shareholders of record as of July 3, 2013. The yield based on the new payout is 3.5%.
Realty Income Corporation (O) is a publicly traded real estate investment trust investing in the real estate markets of the United Sates. The firm makes investments in commercial real estate. June 18th the company increased its monthly dividend to $0.1815417. The dividend is payable July 15, 2013 to shareholders of record as of July 1, 2013. The yield based on the new payout is 4.9%.
U.S. Bancorp (USB), a financial services holding company, provides a range of financial services in the United States. Its services include lending and depository services, cash management, capital market, and trust and investment management services. June 18th the company increased its quarterly dividend 18% to $0.23 per share. The dividend is payable July 15, 2013, to shareholders of record at the close of business on June 28, 2013. The yield based on the new payout is 2.6%.
Host Hotels & Resorts, Inc. (HST) is a publicly owned real estat investment trust (REIT). The firm primarily engages in the ownership and operation of hotel properties. June 17th the company increased its quarterly dividend 10% to $0.11 per share. The dividend is payable July 15, 2013 to stockholders of record on June 28, 2013. The yield based on the new payout is 3.8%.
Norwood Financial Corp. (NWFL) operates as the holding company for Wayne Bank that provides various financial services to consumers, businesses, nonprofit organizations, and municipalities in Pennsylvania. June 14th the company increased its quarterly dividend 7.4% to $0.29 per share. The dividend is payable August 1, 2013 to shareholders of record as of July 15, 2013. The yield based on the new payout is 3.8%.
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 O in my Dividend Growth Portfolio. See a list of all my dividend growth holdings here.
- Free Cash Flow Payout vs. Dividend Payout
- 9 Dividend Stocks Trading at a Double-Digit Discount
- 6 High-Dividend, Low P/E Value Stocks
- How Much Money Will You Need Before Retiring?
- The 2013 Dividend Achievers
Tags: [USB] [O] [HST] [CVBF] [NWFL]
Popular Posts - Last 7 days
When you purchase individual stocks, risk is inherent . Sometimes bad things happen to good stocks. Eventually, every investor will hold a s...
It is not unusual after I publish a list of stocks to get a comment or two asking why those stocks and not these stocks. Often the real thru...
Linked here is a detailed quantitative analysis of Southern Company (SO). Below are some highlights from the above linked analysis: Compa...
Linked here is a detailed quantitative analysis of Johnson Controls, Inc. (JCI). Below are some highlights from the above linked analysis: ...
Once again it is time for a goals/progress update. I am pleased to report that annualized dividend income increased last month, extending th...
Linked here is a detailed quantitative analysis of International Business Machines Corp. (IBM). Below are some highlights from the above li...
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 ...
Presented below are are my Dividend Growth Stocks portfolio holdings. This is not a recommendation to buy these securities. I have classifi...
The D4L-Premium Services website went down Sunday morning January 17, 2016. I quickly put together an alternative means to deliver the premi...
Like many that came before me, I am on a journey to construct a portfolio that will provide me... Dividends 4 Life