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.
- 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
Tags: [NUE] [ENB] [ERIE] [HI] [OGE] [TEL] [MAA]
Popular Posts - Last 7 days
It's human nature for new income investors to focus on yield. Many eventually learn that above average yields often carry an above avera...
Linked here is a detailed quantitative analysis of Sysco Corporation (SYY). Below are some highlights from the above linked analysis: Com...
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 ...
Linked here is a detailed quantitative analysis of General Dynamics (GD). Below are some highlights from the above linked analysis: Compa...
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...
For dividend growth investors, there are certain attributes of investments that are more relevant than others, such as yield and dividend gr...
Presented below are my dividend stock and ETF/CEF holdings. This is not a recommendation to buy these securities. I have classified some of...
Like many that came before me, I am on a journey to construct a portfolio that will provide me... Dividends 4 Life
You expect your employer to give you a salary increase periodically. Why wouldn’t you expect the same from your investments? One of the most...
Linked here is a detailed quantitative analysis of AFLAC Incorporated (AFL). Below are some highlights from the above linked analysis: Co...