quality stock. Time is a powerful force, with it we can overcome poor choices, poor timing and bad decisions. Without it, we immediately are forced to pay for our indiscretions. When it comes to building retirement income, look for stocks that consistently increase their dividends year after year.
Below are several stocks building future gratification with higher cash dividends:
Marathon Oil Corporation (MRO) operates as an energy company worldwide. July 30th the company increased its quarterly dividend 10.5% to $0.21 per share. The dividend is payable September 10, 2014 to stockholders of record on August 20, 2014. The yield based on the new payout is 2.2%.
Valero Energy Corporation (VLO) operates as an independent petroleum refining and marketing company in the United States, Canada, the Caribbean, the United Kingdom, and Ireland. July 29th the company increased its quarterly dividend 10% to $0.275 per share. The dividend is payable September 17, 2014 to stockholders of record on August 20, 2014. The yield based on the new payout is 2.2%.
Community Trust Bancorp, Inc. (CTBI) provide commercial and personal banking, and trust and wealth management services to small and mid-sized communities. July 29th the company increased its quarterly dividend 3.4% to $0.30 per share. The dividend is payable October 1, 2014 to stockholders of record on September 15, 2014. The yield based on the new payout is 3.4%.
Kellogg Company (K) manufactures and markets ready-to-eat cereal and convenience food products primarily in the United States and the United Kingdom. July 24th the company increased its quarterly dividend 6.5% to $0.49 per share. The dividend is payable September 15, 2014 to stockholders of record on September 2, 2014. The yield based on the new payout is 3.0%.
Simon Property Group, Inc. (SPG) is an equity real estate investment trust. The firm invests in the real estate markets across the globe. July 24th the company increased its quarterly dividend 6.4% to $1.30 per share. The dividend is payable August 29, 2014 to stockholders of record on August 15, 2014. The yield based on the new payout is 3.8%.
Altera Corporation (ALPR) designs, manufactures and sells programmable logic devices, HardCopy application-specific integrated circuit devices, power system-on-chip devices, pre-defined design building blocks and proprietary development software. July 24th the company increased its quarterly dividend 20% to $0.18 per share. The dividend is payable September 2, 2014 to stockholders of record on August 11, 2014. The yield based on the new payout is 2.15%.
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 CTBI in my Dividend Growth Portfolio. See a list of all my dividend growth holdings here.
- 6 Stocks Currently Trading Below their Fair Value
- The Perfect Dividend Stock
- Bonds Look Morbid When Compared To These Dividend Stocks
- My 5 Largest Dividend Stock Positions Have Double-Digit Lifetime Returns
- The Best Dividend Stocks In The World
Tags: [MRO] [VLO] [CTBI] [K] [SPG] [ALPR]
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...
Linked here is a detailed quantitative analysis of Kimberly-Clark Co. (KMB). Below are some highlights from the above linked analysis: Co...
Some goals for building wealth would include putting kids through college, paying off mortgages, helping family members and enjoying a finan...
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...
When looking for value-priced stocks , the Price-To-Book (P/B) ratio is one that I like to consider. P/B is calculated as share price divide...
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 Verizon Communications Inc. (VZ). Below are some highlights from the above linked analys...
We have all heard it. Mainstream media pundits talking about 'the lost decade' and that ' buy-and-hold as a strategy is dead an...
Like many that came before me, I am on a journey to construct a portfolio that will provide me... Dividends 4 Life
It is the goal of many people to build enough wealth to put their kids through college, payoff their mortgage, be in a position to help thei...