Monday, July 23, 2018

7 Stocks Growing Future Yield With Increased Dividends

Yield does not come without a price, usually in the form of added risk and/or complexity. Ultimately, dividend growth investors realize that long-term and sustainable high-yield investments are grown over time. This is accomplished by purchasing high-quality dividend investments with a reasonable yield and a long history of growing their dividends, and waiting for the yield on cost to grow.

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



Citigroup Inc. (C), a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions. Recently the company increased its quarterly dividend 41% to $0.32 per share. The dividend is payable August 24, 2018 to stockholders of record on August 6, 2018, with an ex-dividend date of August 3, 2018. The yield based on the new payout is 2.6%.

The Coca-Cola Company (KO), a beverage company, manufactures and distributes various nonalcoholic beverages worldwide. Recently the company increased its quarterly dividend 5.4% to $0.39 per share. The dividend is payable October 1, 2018 to stockholders of record on September 14, 2018, with an ex-dividend date of September 13, 2018. The yield based on the new payout is 3.5%.

The Blackstone Group L.P. (BX) is a publicly owned hedge fund sponsor. Recently the company increased its quarterly dividend 66% to $0.58 per share. The dividend is payable August 6, 2018 to stockholders of record on July 30, 2018, with an ex-dividend date of July 27, 2018. The yield based on the new payout is 6.2%.

Morgan Stanley (MS), a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals in the Americas, Europe, the Middle East, Africa, and Asia. Recently the company increased its quarterly dividend 20% to $0.30 per share. The dividend is payable August 15, 2018 to stockholders of record on July 31, 2018, with an ex-dividend date of July 30, 2018. The yield based on the new payout is 2.4%.

Skyworks Solutions, Inc. (SWKS) designs, develops, manufactures, and markets proprietary semiconductor products, including intellectual property worldwide. Recently the company increased its quarterly dividend 19% to $0.38 per share. The dividend is payable August 27, 2018 to stockholders of record on August 7, 2018, with an ex-dividend date of August 6, 2018. The yield based on the new payout is 1.5%.

BlackRock, Inc. (BLK) is a publicly owned investment manager. Recently the company increased its quarterly dividend 8.7% to $3.13 per share. The dividend is payable September 24, 2018 to stockholders of record on September 7, 2018, with an ex-dividend date of September 6, 2018. The yield based on the new payout is 2.5%.

Peabody Energy Corporation (BTU) engages in coal mining business. Recently the company increased its quarterly dividend 8.7% to $0.125 per share. The dividend is payable August 23, 2018 to stockholders of record on August 2, 2018, with an ex-dividend date of August 1, 2018. The yield based on the new payout is 1.1%.

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

Related Articles
- With Dividend Growth Stocks, Cash Is King
- When A Stock Fails To Raise Its Dividend: Is It Time To Sell?
- Dividend Stocks in Today's Market
- 5 Big-Name Dividend Stocks Crushing The S&P 500
- How To Be a Better Investor During Difficult Times

(Photo Credit)


Tags: C, KO, BX, MS, SWKS, BLK, BTU,

No comments:

Post a Comment