dividend growth stocks. Secondarily, it is my desire to beat the S&P 500 over time. With that said, I rarely look at the capital performance of individual stocks. What I do watch is the ability of the stocks I own to sustain their dividend growth.
This week several companies met their shareholders' goal of higher cash dividends:
Weyerhaeuser Company (WY), a forest products company, grows and harvests trees, builds homes, and manufactures forest products worldwide. August 15th the company increased its quarterly dividend 10% to $0.22 per share. The dividend is payable Sept. 13, 2013, to shareholders of record at the close of business on Aug. 30, 2013. The yield based on the new payout is 3.2%.
Connecticut Water Service, Inc. (CTWS) operates as a regulated water company. August 15th the company increased its quarterly dividend 2.1% to $0.2475 per share. The dividend is payable September 16, 2013, for shareholders of record as of September 2, 2013. The yield based on the new payout is 3.3%.
Cinemark Holdings, Inc. (CNK) engages in motion picture exhibition business. August 15th the company increased its quarterly dividend 19% to $0.25 per share. the dividend is payable September 12, 2013 to stockholders of record on August 28, 2013. The yield based on the new payout is 3.2%.
G&K Services, Inc. (GK) provides branded uniform and facility services programs in the United States, Canada, Ireland, and the Dominican Republic. August 15th the company increased its quarterly dividend 38% to $0.27 per share. The dividend is payable on September 27, 2013 to shareholders of record at the close of business on September 12, 2013. The yield based on the new payout is 2.0%.
ITC Holdings Corp. (ITC) engages in the transmission of electricity in the United States. August 14th the company increased its quarterly dividend 13% to $0.425 per share. The dividend is payable September 16, 2013 to shareholders of record on September 3, 2013. The yield based on the new payout is 2.0%.
Bolt Technology Corporation (BOLT) engages in the development, manufacture, and sale of marine seismic data acquisition equipment and underwater remotely operated robotic vehicles worldwide. August 14th the company increased its quarterly dividend 28.6% to $0.09 per share. The dividend is payable October 3, 2013 to stockholders of record on September 5, 2013. The yield based on the new payout is 2.0%.
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.
- 6 High-Yield REITs With Growing Dividends
- International Diversification May Be Closer than You Think
- 10 Dividend Stocks With A 10% Yield In 10 Years
- Free Cash Flow Payout vs. Dividend Payout
- 9 Dividend Stocks Trading at a Double-Digit Discount
Tags: [WY] [CTWS] [CNK] [GK] [ITC] [BOLT]
Popular Posts - Last 7 days
Over the years, I have observed that there are many ways to earn a good return in the market. In addition to buy and hold , some have succe...
Linked here is a detailed quantitative analysis of International Business Machines Corp. (IBM). Below are some highlights from the above li...
Linked here is a detailed quantitative analysis of Medtronic Inc. (MDT). Below are some highlights from the above linked analysis: Compan...
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 ...
To succeed as a dividend growth investor you must identify and purchase stocks with sustainable dividend growth. Inertia is powerful force....
D4L-Premium Services is designed to provide the busy dividend growth investor with a wealth of relevant information. Each week the D4L-Premi...
Since its introduction in July 2009, the D4L Premium Services has seen excellent growth in both features and subscribers. It started with t...
Presented below are are my Dividend Growth Stocks portfolio holdings. This is not a recommendation to buy these securities. I have classifi...
Like many that came before me, I am on a journey to construct a portfolio that will provide me... Dividends 4 Life
The D4L-Premium Services website went down Sunday morning January 17, 2016. I quickly put together an alternative means to deliver the premi...