Monday, August 8, 2016

10 Stocks Compounding Shareholders' Wealth With Increased Dividends

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 their family and enjoy a financially worry-free retirement. If you don't have a generous relative or wealthy parents, you will need to devise a plan to help you reach your goals. My plan includes great dividend stocks that increase their dividends each year.

Below are several companies compounding their shareholder's wealth with increased cash dividends:

Illinois Tool Works Inc. (ITW) manufactures and sells industrial products and equipment worldwide. August 5th the company increased its quarterly dividend 18% to $0.65 per share. The dividend is payable September 30, 2016 to stockholders of record on October 6, 2016, with an ex-dividend date of September 28, 2016. The yield based on the new payout is 2.2%.

The Kraft Heinz Company (KHC) manufactures and markets food and beverage products in the United States, Canada, Europe, and rest of world. August 4th the company increased its quarterly dividend 4.3% to $0.60 per share. The dividend is payable October 7, 2016 to stockholders of record on August 26, 2016, with an ex-dividend date of August 24, 2016. The yield based on the new payout is 2.8%.

Main Street Capital Corporation (MAIN) is a business development company specializing in long- term equity and debt investments in small and lower middle market companies. August 3rd the company increased its quarterly dividend 2.8% to $0.185 per share. The dividend is payable October 14, 2016 to stockholders of record on September 21, 2016, with an ex-dividend date of September 19, 2016. The yield based on the new payout is 6.7%.

Spectra Energy Partners, LP (SEP) operates as an investment arm of Spectra Energy Corp. Spectra Energy Partners, LP, through its subsidiaries, engages in the transportation of natural gas through interstate pipeline systems, and the storage of natural gas in underground facilities in the United States. August 3rd the partnership increased its quarterly distribution 1.9% to $0.66375 per unit. The distribution is payable August 26, 2016 to unitholders of record on August 15, 2016, with an ex-dividend date of August 11, 2016. The yield based on the new payout is 5.5%.

Sturm, Ruger & Company, Inc. (RGR) designs, manufactures, and sells firearms under the Ruger trademark in the United States. August 2nd the company increased its quarterly dividend 2.1% to $0.49 per share. The dividend is payable August 26, 2016 to stockholders of record on August 12, 2016, with an ex-dividend date of August 10, 2016. The yield based on the new payout is 2.8%.

Aqua America, Inc. (WTR) operates regulated utilities that provide water or wastewater services in the United States. August 2nd the company increased its quarterly dividend 7.5% to $0.1913 per share. The dividend is payable September 1, 2016 to stockholders of record on August 18, 2016, with an ex-dividend date of August 16, 2016. The yield based on the new payout is 2.2%.

AmTrust Financial Services, Inc. (AFSI) underwrites and provides property and casualty insurance in the United States and internationally. August 2nd the company increased its quarterly dividend 13% to $0.17 per share. The dividend is payable October 19, 2016 to stockholders of record on October 5, 2016, with an ex-dividend date of October 3, 2016. The yield based on the new payout is 2.8%.

Healthcare Trust of America, Inc. (HTA) is a publicly owned equity real estate investment trust. August 1st the company increased its quarterly dividend 1.7% to $0.30 per share. The dividend is payable October 7, 2016 to stockholders of record on October 3, 2016, with an ex-dividend date of September 29, 2016. The yield based on the new payout is 3.5%.

General Growth Properties, Inc. (GGP) is an equity real estate investment trust. August 1st the company increased its quarterly dividend 5.3% to $0.20 per share. The dividend is payable October 31, 2016 to stockholders of record on October 14, 2016, with an ex-dividend date of October 12, 2016. The yield based on the new payout is 2.5%.

Macquarie Infrastructure Company LLC, (MIC) owns, operates, and invests in infrastructure businesses that provide services to businesses, government agencies, and individuals primarily in the United States. August 1st the company increased its quarterly dividend 4.2% to $1.25 per share. The dividend is payable August 16, 2016 to stockholders of record on August 11, 2016, with an ex-dividend date of August 9, 2016. The yield based on the new payout is 6.6%.

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 ITW and MAIN. See a list of all my Dividend Growth Portfolio holdings here.

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- 8 Select High-Yield S&P 500 Dividend Stocks
- Your Greatest Wealth Building Asset
- Where To Find Great Dividend Stocks


Tags: KHC, MAIN, RGR, ITW, WTR, HTA, SEP. AFSI, GGP, MIC,

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