Monday, October 2, 2017

5 Stocks With A Vision Of Higher Dividends

A vision is taking the time to contemplate and anticipate, in detail, what the future will bring. A financial vision needs to consider future earnings, savings and economic issues such as inflation. Then based on your vision, you formulate an action plan to ensure the best possible outcome given your unique circumstances. You can’t have a retirement plan until you have a retirement vision. It would seem to me that there are a lot or retirement plans out there but very few retirement visions.

A significant portion of my retirement planning includes dividend growth stocks. Here are a few select companies that have recently followed through on their vision of providing increased cash dividends to their shareholders:

Lockheed Martin Corporation (LMT) is a security and aerospace company. Recently the company increased its quarterly dividend 9.9% to $2.00 per share. The dividend is payable December 29, 2017 to stockholders of record on December 1, 2017, with an ex-dividend date of November 30, 2017. The yield based on the new payout is 2.6%.

Honeywell International Inc. (HON) is a technology and manufacturing company. Recently the company increased its quarterly dividend 12% to $0.745 per share. The dividend is payable December 8, 2017 to stockholders of record on November 17, 2017, with an ex-dividend date of November 16, 2017. The yield based on the new payout is 2.1%.

Mondelez International, Inc. (MDLZ) is a snack company that manufactures and markets snack food and beverage products for consumers. Recently the company increased its quarterly dividend 16% to $0.22 per share. The dividend is payable October 12, 2017 to stockholders of record on September 29, 2017, with an ex-dividend date of September 28, 2017. The yield based on the new payout is 2.2%.

Ingredion Incorporated (INGR) manufactures and sells sweetener, starches, nutrition ingredients and biomaterial solutions derived from the wet milling and processing of corn and other starch-based materials to a range of industries. Recently the company increased its quarterly dividend 20% to $0.60 per share. The dividend is payable October 25, 2017 to stockholders of record on October 2, 2017, with an ex-dividend date of September 29, 2017. The yield based on the new payout is 2.0%.

OGE Energy Corp. (OGE) is an energy and energy services provider offering physical delivery and related services for both electricity and natural gas primarily in the south central United States. Recently the company increased its quarterly dividend 9.9% to $0.3325 per share. The dividend is payable October 30, 2017 to stockholders of record on October 10, 2017, with an ex-dividend date of October 9, 2017. The yield based on the new payout is 3.7%.

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 LMT in my Dividend Growth Stocks Portfolio. See a list of all my Dividend Growth Portfolio holdings here.

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- 4 Dividend Stocks For A Confident And Secure Future
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- High-Yield, High-Return Investments To Increase Income While Waiting On Dividend Growth


Tags: LMT, HON, MDLZ, INGR, OGE,

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