Monday, September 5, 2016

13 Stocks Growing Future Yield With Increased Dividends

In the southern U.S. where I live, there has been some controversy over harvesting forests of hardwoods and reseeding them with pines. Growing hardwoods is very similar to investing in dividend stocks. What you plant or invest in today will not yield much for years to come. That is not to say progress is not seen. It is just slow and deliberate. To grow hardwoods it takes great foresight and commitment to the process. The small investments we make in quality dividend stocks each month won’t yield large payments in the near-term. It will take time for the payments to grow and compound, but they will.

Below are several companies planting the seeds for future yield by increasing their cash dividends:


Verizon Communications, Inc. (VZ) is a holding company which engages in the provision of broadband and communication services. September 1st the company increased its quarterly dividend 2.2% to $0.5775 per share. The dividend is payable November 1, 2016 to stockholders of record on October 7, 2016, with an ex-dividend date of October 5, 2016. The yield based on the new payout is 4.4%.

Broadcom Ltd. (AVGO) designs, develops and supplier of a broad range of analog and digital semiconductor connectivity solutions. September 1st the company increased its quarterly dividend 2% to $0.51 per share. The dividend is payable September 30, 2016 to stockholders of record on September 19, 2016, with an ex-dividend date of September 15, 2016. The yield based on the new payout is 1.2%.

Restaurant Brands International, Inc. (QSR) is a holding company, which engages in the operation of fast food chains through its subsidiaries, Tim Hortons Inc. and Burger King Worldwide, Inc. September 1st the company increased its quarterly dividend 6.7% to $0.16 per share. The dividend is payable October 4, 2016 to stockholders of record on September 6, 2016, with an ex-dividend date of September 1, 2016. The yield based on the new payout is 1.3%.

Campbell Soup Co. (CPB) engages in manufacturing and marketing of convenience food products, through its subsidiaries. September 1st the company increased its quarterly dividend 12% to $0.35 per share. The dividend is payable October 31, 2016 to stockholders of record on October 12, 2016, with an ex-dividend date of October 10, 2016. The yield based on the new payout is 2.3%.

Bank of America Corp. (BAC) operates as a bank holding and financial holding company. August 31st the company increased its quarterly dividend 50% to $0.075 per share. The dividend is payable September 23, 2016 to stockholders of record on September 2, 2016, with an ex-dividend date of August 31, 2016. The yield based on the new payout is 1.9%.

The Principal Financial Group, Inc. (PFG) is a global financial company, which offers businesses, individuals and institutional clients a wide range of financial products and services. August 31st the company increased its quarterly dividend 5.1% to $0.41 per share. The dividend is payable September 30, 2016 to stockholders of record on September 2, 2016, with an ex-dividend date of August 31, 2016. The yield based on the new payout is 3.3%.

The Bank of Nova Scotia (BNS) operates as a diversified financial services institution that provides a wide range of financial products and services to retail, commercial and corporate customers. August 30th the company increased its quarterly dividend 2.8% to C$0.74 per share. The dividend is payable October 27, 2016 to stockholders of record on October 4, 2016, with an ex-dividend date of September 30, 2016. The yield based on the new payout is 4.3%.

China Mobile Ltd. (CHL) operates as an investment holding company, which through its subsidiaries provides telecommunications services in Mainland China. August 30th the company increased its simi-annual dividend 24% to $0.959864 per share. The dividend is payable October 11, 2016 to stockholders of record on September 1, 2016, with an ex-dividend date of August 30, 2016. The yield based on the new payout is 3.1%.

Tesoro Corp. (TSO) engages in the refining and marketing of petroleum products. August 29th the company increased its quarterly dividend 10% to $0.55 per share. The dividend is payable September 15, 2016 to stockholders of record on August 31, 2016, with an ex-dividend date of August 29, 2016. The yield based on the new payout is 3.0%.

Brookfield Infrastructure Partners LP (BIP) owns and operates utility, transport and energy businesses in North and South America, Australasia, and Europe. August 29th the company increased its quarterly dividend 3.5% to $0.59 per share. The dividend is payable September 30, 2016 to stockholders of record on August 31, 2016, with an ex-dividend date of August 29, 2016. The yield based on the new payout is 4.9%.

NetEase, Inc. (NTES) operates as an internet technology company. Through its subsidiaries and affiliates Guangzhou NetEase, Guangyitong Advertising, Shanghai EaseNet, and other affiliated companies, it provides Chinese language content and services. August 29th the company increased its quarterly dividend 6.8% to $0.78 per share. The dividend is payable September 9, 2016 to stockholders of record on August 31, 2016, with an ex-dividend date of August 29, 2016. The yield based on the new payout is 1.43%.

Dover Corp. (DOV) manufactures and offers innovative equipment, components, and specialty systems. It's also provides supporting engineering, testing, and other similar services. August 29th the company increased its quarterly dividend 4.8% to $0.44 per share. The dividend is payable September 15, 2016 to stockholders of record on August 31, 2016, with an ex-dividend date of August 29, 2016. The yield based on the new payout is 2.4%.

Harris Corp. (HRS) engages in the provision of technology-based solutions that solve government and commercial customer's mission-critical challenges. August 29th the company increased its quarterly dividend 6% to $0.53 per share. The dividend is payable September 21, 2016 to stockholders of record on September 9, 2016, with an ex-dividend date of September 7, 2016. The yield based on the new payout is 2.3%.

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: Lond VZ. See a list of all my Dividend Growth Portfolio holdings here.

Related Articles
- A Roadmap To Build Wealth With Dividend Stocks
- High-Yield Managed Distribution Policy Funds
- 6 Blue Chip Dividend Stocks For When the Chips Are Down
- The 2016 Elite Dividend Stocks List
- 7 Dividend Stocks With A Good Yield And Growth Balance

(Photo Credit)


Tags: BAC, VZ, AVGO, CHL, TSO, BIP, QSR, NTES, CPB, DOV, HRS, PFG, BNS,

1 comment:

  1. Brookfield Infrastructure Partners LP. Has any analysis been done on this stock for the Trump era?

    ReplyDelete

Popular Posts - Last 7 days