“secret” of dividend investing. It is not necessarily starting with a high-yield investment, but ending up with a high-yield investment. This usually occurs by buying stocks with a moderate yield and a long history of growing dividends and letting time do its job.
This week several companies are building future yield by increasing the cash dividends paid to their shareholders:
Avago Technologies Limited (AVGO) engages in the design, development, and supply of analog semiconductor devices with a focus on III-V based products. December 11th the company increased its quarterly dividend 8.7% to $0.25 per share. The dividend is payable December 31, 2013, to stockholders of record on December 20, 2013. The yield based on the new payout is 2.2%.
One Liberty Properties, Inc. (OLP), a real estate investment trust (REIT), engages in the acquisition, ownership, and management of commercial real estate properties. December 10th the company increased its quarterly dividend 5.7% to $0.37 per share. the dividend is payable January 3, 2014, to stockholders of record on December 27, 2013. The yield based on the new payout is 6.9%.
ABM Industries Incorporated (ABM) offers floor cleaning and finishing, window washing, furniture polishing, carpet cleaning and dusting, and other building cleaning services. December 9th the company increased its quarterly dividend 3.3% to $0.155 per share. The dividend is payable February 3, 2014, to stockholders of record on January 2, 2014. The yield based on the new payout is 2.3%.
Comtech Telecommunications Corp. (CMTL) designs, develops, produces, and markets products, systems, and services for communications solutions. December 9th the company increased its quarterly dividend 9.1% to $0.30 per share. The dividend is payable February 19, 2014, to stockholders of record on January 17, 2014. The yield based on the new payout is 3.6%.
Ventas, Inc. (VTR) is a publicly owned real estate investment trust that engages in investment, management, financing, and leasing of properties in the healthcare industry. December 9th the company increased its quarterly dividend 8.25 to $0.725 per share. The dividend is payable December 31, 2013, to stockholders of record on December 16, 2013. The yield based on the new payout is 5.0%.
Potlatch Corporation (PCH) operates as a real estate investment trust (REIT) that owns and manages timberlands located in Arkansas, Idaho, Minnesota and Wisconsin. December 6th the company increased its quarterly dividend 13% to $0.35 per share. The dividend is payable December 31, 2013 to stockholders of record on December 17, 2013. The yield based on the new payout is 3.5%.
The Hanover Insurance Group, Inc. (THG) underwrites commercial and personal property, and casualty insurance coverage in the United States. December 6th the company increased its quarterly dividend 12% to $0.37 per share. The dividend is payable December 27, 2013, to shareholders of record at the close of business on December 16, 2013. The yield based on the new payout is 2.4%.
CoreSite Realty Corporation (COR) engages in the ownership, acquisition, construction, and management of data centers. December 5th the company increased its quarterly dividend 30% to $0.35 per share. The dividend is payable January 15, 2014, to shareholders of record on December 31, 2013. The yield based on the new payout is 4.7%.
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.
- 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: [AVGO] [OLP] [ABM] [CMTL] [VTR] [PCH] [THG] [COR]
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...
Every investor wants to earn more. It is how we define "more" and how we go about earning it that defines the type of investor we ...
In every field there are winners and there are champions. The difference is subtle, but very real. A champion is driven for success and will...
Once again it is time for a goals/progress update. I am pleased to report that annualized dividend income increased in January, extending t...
In 1993, State Street Global Advisors launched the first exchange-traded fund (ETF). Now there are literally hundreds of ETFs out there cove...
In the U.S. and Canada, most companies pay dividends quarterly . In other parts of the world, it is not uncommon for companies to pay an ann...
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...
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...
Linked here is a detailed quantitative analysis of Verizon Communications Inc. (VZ). Below are some highlights from the above linked analys...
Like many that came before me, I am on a journey to construct a portfolio that will provide me... Dividends 4 Life