Featured Articles:
- 6 Stocks Providing A Growing Income With Increased Dividends
- Dividend Stock Analysis: Is It Time To Buy ConocoPhillips?

Friday, December 6, 2013

7 Dividend Stocks Providing Positive Feedback With Higher Dividends

What is the primary reason you invest in dividend stocks? For me, it is a means to build a growing income that can be relied on during retirement. One of the beauties of dividend investing is it provides you continuous feedback. As the years and decades go by you can see your earnings steadily grow as you invest your money in dividend stocks, and as an added bonus, great dividend stocks will increase their dividend payments each year.

This week several companies provided their shareholders positive feedback with increased cash dividends:

Enbridge Inc. (ENB) operates as an energy transportation and distribution company in the United States and Canada. December 4th the company increased its quarterly dividend 16.7% to $0.35 per share. The dividend is payable March 1, 2014 to shareholders of record on February 14, 2014. The yield based on the new payout is 3.4%.

Erie Indemnity Company (ERIE) operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. December 4th the company increased its quarterly dividend 7.2% to $0.635 per share. The dividend is payable January 22, 2014, to shareholders of record as of January 7, 2014. The yield based on the new payout is 3.6%.

Hillenbrand, Inc. (HI), a diversified industrial company, makes and sells business-to-business products and services for various industries worldwide. December 4th the company increased is quarterly dividend 1.3% to $0.1975 per share. the dividend is payable Dec. 31, 2013, to shareholders of record at the close of business on Dec. 17, 2013. The yield based on the new payout is 2.8%.

OGE Energy Corp. (OGE) operates as an energy and energy services provider that offers physical delivery and related services for electricity and natural gas primarily in the south central United States. December 4th the company increased its quarterly dividend 7.8% to $0.225 per share. The dividend is payable Jan. 30, 2014, to shareowners of record Jan. 10, 2014. The yield based on the new payout is 2.7%.

Nucor Corporation (NUE) engages in the manufacture and sale of steel and steel products in North America and internationally. December 4th the company increased its quarterly dividend 0.7% to $0.37 per share. the dividend is payable February 11, 2014, to stockholders of record on December 31, 2013. The yield based on the new payout is 2.8%.

TE Connectivity Ltd. (TEL) designs and manufactures products that connect power, data, and signal automotive, energy, industrial, broadband communications, consumer devices, aerospace and defense, and healthcare industries. December 3rd the company increased its quarterly dividend 16% to $0.29 per share. The yield based on the new payout is 2.2%.

Mid-America Apartment Communities, Inc. (MAA) is an independent real estate investment trust. December 3rd the company increased its quarterly dividend 5% to #0.73 per share. The dividend is payable on January 31, 2014 to shareholders of record on January 15, 2014. The yield based on the new payout is 4.8%.

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 NUE in my Dividend Growth Portfolio. See a list of all my dividend growth holdings here.

Related Posts
- 6 Dividend Stocks To Beat The Wall Street Giants
- First Quarter 2013: Top And Bottom Performing Dividend Stocks
- A Disciplined Approach To Dividend Stocks
- 6 High-Yield REITs With Growing Dividends
- International Diversification May Be Closer than You Think

(Photo Credit)

Tags: [NUE] [ENB] [ERIE] [HI] [OGE] [TEL] [MAA]

2 comments:

  1. Primary reason I invest in dividend stocks is for retirement goals as well. I hope to build up a portfolio that pays me enough income to live off of in retirement. Also, the portfolio provides financial security along the way to my end goal of retirement.

    I love when companies raise their dividends. It is exactly as you say. Companies and their management providing positive feedback to their shareholders about expectations for the future. If management isn't positive on the future, then it is unlikely they will be increasing the dividend by much if anything.

    ReplyDelete
  2. Hi!
    I'm still in the grasping things stage of my investing journey towards retirement, and I enjoy reading articles that will help me become a better investor.

    Right now I mainly invest just to get things rolling and really don't look at the big picture as a whole but defo have to start looking more closer to companies that do raise their dividends and take good care of their share holders. Hadn't heard of thse companies before so thanks for the list!

    ReplyDelete

Popular Posts - Last 7 days