Dividend growth investing in its classic form focuses on identifying solid companies with a long record of growing their dividends each year; and an expectation that they will continue to do so into the future. The focus is not solely on yield but a combination of yield and dividend growth. Often it is the lower yield, higher growth, security that will provide the best return over time.
Here are several stocks living up to shareholders' expectations by raising their cash dividends:
Helmerich & Payne, Inc. (HP) primarily operates as a contract drilling company in North and South America. June 5th the company increased its quarterly dividend 10% to $0.6875 per share. The dividend is payable September 2, 2014 to stockholders of record on August 15, 2014. The yield based on the new payout is 2.5%.
UnitedHealth Group Incorporated (UNH) operates as a diversified health and well-being company in the United States. June 5th the company increased its quarterly dividend 34% to $0.375 per share. The dividend is payable June 25, 2014 to stockholders of record on June 16, 2014. The yield based on the new payout is 1.9%.
Wells Timberland REIT, Inc. (CTT), a real estate investment trust (REIT), focuses on the acquisition of timberland properties in the United States. June 2nd the company increased its quarterly dividend 13.6% to $0.125 per share. The dividend is payable September 15, 2014 to stockholders of record on August 29, 2014. The yield based on the new payout is 3.72%.
El Paso Electric Company (EE), a public utility company, is engaged in the generation, transmission, and distribution of electricity in west Texas and southern New Mexico. May 29th the company increased its quarterly dividend 5.7% to $0.28 per share. The dividend is payable June 30, 2014 to stockholders of record on June 13, 2014. The yield based on the new payout is 2.97%.
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.
- If Only I Had Known About These Dividend Stocks...
- 10 Dividend Stocks Delivering The Secret To Success
- 10 Dividend Stocks For A Rainy Day
- 4 Higher Yielding Basic Materials Stocks With Growing Dividends
- 7 Dividend Growth Stocks That Could Make You Wealthy
Tags: [HP] [UNH] [CTT] [EE]
Popular Posts - Last 7 days
When you purchase individual stocks, risk is inherent . Sometimes bad things happen to good stocks. Eventually, every investor will hold a s...
It is not unusual after I publish a list of stocks to get a comment or two asking why those stocks and not these stocks. Often the real thru...
Linked here is a detailed quantitative analysis of Southern Company (SO). Below are some highlights from the above linked analysis: Compa...
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 Johnson Controls, Inc. (JCI). Below are some highlights from the above linked analysis: ...
Once again it is time for a goals/progress update. I am pleased to report that annualized dividend income increased last month, extending th...
Like many that came before me, I am on a journey to construct a portfolio that will provide me... Dividends 4 Life
Presented below are are my Dividend Growth Stocks portfolio holdings. This is not a recommendation to buy these securities. I have classifi...
The D4L-Premium Services website went down Sunday morning January 17, 2016. I quickly put together an alternative means to deliver the premi...
Linked here is a detailed quantitative analysis of Medtronic Inc. (MDT). Below are some highlights from the above linked analysis: Compan...