Monday, December 5, 2016

11 Dividend Stocks Raising Their Payouts And Yields

When you purchase individual stocks, risk is inherent. Sometimes bad things happen to good stocks. Eventually, every investor will hold a stock that falls out of favor and endures a double-digit decline. Understanding this from the onset makes it easier to deal with. To minimize the risk of significant declines, your core portfolio should focus on blue-chip dividend growth stocks.

Listed below are select companies that have recently elected to raise their payout and yield by increasing their cash dividends to shareholders:


Ladder Capital Corp (LADR) is a commercial real estate finance company. December 2nd the company increased its quarterly dividend 9.1% to $0.30 per share. The dividend is payable January 24, 2017 to stockholders of record on December 27, 2016, with an ex-dividend date of December 22, 2016. The yield based on the new payout is 8.4%.

Owens Corning (OC) is engaged in the business of composite and building materials systems with products range from glass fiber used to reinforce composite materials for transportation, electronics, marine, infrastructure, wind-energy and other markets to insulation and roofing for residential, commercial and industrial applications. December 2nd the company increased its quarterly dividend 11% to $0.20 per share. The dividend is payable January 18, 2017 to stockholders of record on January 3, 2017, with an ex-dividend date of December 29, 2016. The yield based on the new payout is 1.5%.

WEC Energy Group, Inc. (WEC), formerly Wisconsin Energy Corporation, is a holding company, which has electric and natural gas utility operations. December 1st the company increased its quarterly dividend 5.1% to $0.52 per share. The dividend is payable March 1, 2017 to stockholders of record on February 14, 2017, with an ex-dividend date of February 10, 2017. The yield based on the new payout is 3.8%.

DuPont Fabros Technology, Inc. (DFT) is a real estate investment trust that owns, acquires, develops and operates wholesale data centers. December 1st the company increased its quarterly dividend 6.4% to $0.50 per share. The dividend is payable January 17, 2017 to stockholders of record on December 30, 2016, with an ex-dividend date of December 28, 2016. The yield based on the new payout is 5.1%.

Principal Financial Group, Inc. (PFG) is an investment management company. The Company offers a range of financial products and services, including retirement, asset management and insurance services. December 1st the company increased its quarterly dividend 4.9% to $0.43 per share. The dividend is payable December 27, 2016 to stockholders of record on December 5, 2016, with an ex-dividend date of December 1, 2016. The yield based on the new payout is 2.8%.

Universal Health Realty Income Trust (UHT) is a real estate investment trust that invests in healthcare and human service related facilities, including acute care hospitals, rehabilitation hospitals, sub-acute facilities, surgery centers, free-standing emergency departments, childcare centers and medical office buildings. December 1st the company increased its quarterly dividend 0.8% to $0.655 per share. The dividend is payable December 30, 2016 to stockholders of record on December 16, 2016, with an ex-dividend date of December 14, 2016. The yield based on the new payout is 4.5%.

The Walt Disney Company (DIS) is a diversified entertainment company. November 29th the company increased its simi-annual dividend 9.9% to $0.75 per share. The dividend is payable January 11, 2017 to stockholders of record on December 12, 2016, with an ex-dividend date of December 8, 2016. The yield based on the new payout is 1.6%.

Nucor Corporation (NUE) manufactures steel and steel products. November 29th the company increased its quarterly dividend 0.7% to $0.3775 per share. The dividend is payable February 10, 2016 to stockholders of record on December 30, 2016, with an ex-dividend date of December 28, 2016. The yield based on the new payout is 2.4%.

The Wendy's Company (WEN) is the parent company of its subsidiary holding company Wendy's Restaurants, LLC (Wendy's Restaurants). November 29th the company increased its quarterly dividend 8.3% to $0.065 per share. The dividend is payable December 15, 2016 to stockholders of record on December 1, 2016, with an ex-dividend date of November 29, 2016. The yield based on the new payout is 2.1%.

The Hartford Financial Services Group, Inc. (HIG) is a holding company. The Company operates through six segments: Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits, Mutual Funds and Talcott Resolution. November 29th the company increased its quarterly dividend 9.5% to $0.23 per share. The dividend is payable January 3, 2016 to stockholders of record on December 1, 2016, with an ex-dividend date of November 29, 2016. The yield based on the new payout is 2.0%.

McCormick & Company, Incorporated (MKC) manufactures, markets and distributes spices, seasoning mixes, condiments and other flavorful products to the food industry, including retailers, food manufacturers and foodservice businesses. November 29th the company increased its quarterly dividend 9.3% to $0.47 per share. The dividend is payable January 17, 2017 to stockholders of record on December 30, 2016, with an ex-dividend date of December 28, 2016. The yield based on the new payout is 2.0%.

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 UHT. See a list of all my Dividend Growth Portfolio holdings here.

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- 10 Stocks That Have Paid Dividends Since The 1800s
- Are You Patient Enough To Be Wealthy? These 7 Dividend Stocks Will Help You Wait
- If Only I Had Known About These Dividend Stocks...

(Photo Credit)


Tags: LADR, OC, WEC, DFT, PFG, UHT, DIS, NUE, WEN, HIG, MKC,

1 comment:

  1. I've held DFT in the past and love their business (data centers) for future growth but I swapped into COR instead. How did you decide on DFT as your data center stock?

    TheDividendLife.com

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