consistency raise dividends over time.
This week several companies made their shareholders happy by giving them a raise in cash dividends:
MDU Resources Group, Inc. (MDU) operates as a diversified natural resource company in the United States. November 14th the company increased its quarterly dividend 2.9% to $0.1775 per share. The dividend is payable January 1, 2014, to stockholders of record on December 12, 2013, with an ex-dividend date of December 10, 2013. The yield based on the new payout is 2.3%.
United Bancorp, Inc. (UBCP) operates as the bank holding company for The Citizens Savings Bank that provides banking and financial services to individuals, businesses, and other organizations in northeastern, eastern, southeastern, and south central Ohio. November 14th the company increased its quarterly dividend 14% to $0.08 per share. the dividend is payable December 20, 2013, to stockholders of record on November 27, 2013, with an ex-dividend date of November 25, 2013. The yield based on the new payout is 4.4%.
LyondellBasell Industries N.V. (LYB) manufacturers and sells chemicals and polymers; refines crude oil; produces gasoline blending components; and develops and licenses technologies for the production of polymers. November 12th the company increased its quarterly dividend 20% to $0.60 per share. The dividend is payable Dec. 9, 2013 to shareholders of record Nov. 25, 2013, with an ex-dividend date of Nov. 21, 2013. The yield based on the new payout is 3.1%.
Parkway Properties, Inc. (PKY), a real estate investment trust (REIT), engages in the operation, acquisition, ownership, management, and leasing of office properties. November 12th the company increased its quarterly dividend 25% to $0.1875 per share. The dividend is payable December 26, 2013 to shareholders of record for Common Stock on December 12, 2013. The yield based on the new payout is 4.4%.
Automatic Data Processing, Inc. (ADP) provides technology-based outsourcing solutions to employers and vehicle retailers and manufacturers worldwide. November 12th the company increased its quarterly dividend 10% to $0.48 per share. The dividend is payable January 1, 2014 to shareholders of record at December 13, 2013. The yield based on the new payout is 2.5%.
United Bankshares, Inc. (UBSI) provides commercial and retail banking services and products in the United States. November 8th the company increased its quarterly dividend 3.2% to $0.32 per share. The dividend is payable January 2, 2014 to shareholders of record as of December 13, 2013. The yield based on the new payout is 4.2%.
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 ADP in my Dividend Growth Portfolio. See a list of all my dividend growth holdings here.
- A Disciplined Approach To Dividend Stocks
- 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
Tags: [ADP] [MDU] [PKY] [UBCP] [LYB] [UBSI]
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...
One of the many reasons I like dividend stocks is because they provide continuous feedback. As time passes, dividend investors see their inc...
After each quarter-end, I review my asset allocation and year-to-date total returns by category. The attached PDF contains my actual asset a...
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 Illinois Tool Works Inc. (ITW). Below are some highlights from the above linked analysis...
Like many that came before me, I am on a journey to construct a portfolio that will provide me... Dividends 4 Life
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 don&...
Linked here is a detailed quantitative analysis of Nike, Inc. (NKE). Below are some highlights from the above linked analysis: Company De...
Linked here is a detailed quantitative analysis of United Technologies Corp. (UTX). Below are some highlights from the above linked analysi...