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3 Dividend Stocks Rewarding Their Shareholders
By: Dividends4Life   Friday, October 16, 2009 10:33 AM

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Investing in dividend stocks provides the investor with continuous feedback. As time passes dividend investors see their income steadily grow. You do not have to wait five to ten years to determine if the strategy is working. Each dividend and dividend increase provides the investor with reassurance that the strategy is working.

Below are three companies rewarding their shareholders with increased cash dividends:

Goodrich Corp. (GR) is one of the world's largest providers of equipment, parts, and services to the large commercial, regional, business, and military jet markets. Tuesday, the company increased its quarterly dividend 8 Percent to $0.27/share. The dividend is payable January 4, 2010 to shareholders of record on December 1, 2009. The ex-dividend date is November 27, 2009. The current yield based on the new dividend is 1.90%.

Enterprise Products Partners LP (EPD) is an integrated provider of natural gas and natural gas liquids services, including processing, fractionation, storage, transportation, and terminalling. Thursday, the company raised its quarterly cash distribution rate paid to partners 13% to $0.515/unit. The cash distribution will be paid on Friday, November 6, 2009, to unitholders of record as of the close of business on Friday, October 30, 2009. The ex-dividend date is er 28, 2009. The current yield based on the new rate is 6.99%.

Duncan Energy (DEP) transports, markets, and stores natural gas, as well as in transporting and storing natural gas liquids (NGLs) and petrochemicals in the U.S. Yesterday, the company bumped its quarterly cash distribution rate paid to partners 5% to $0.44/unit. The cash distribution will be paid Thursday, November 5, 2009, to unitholders of record at the close of business on Friday, October 30, 2009. The ex-dividend date is October 28, 2009. The current yield based on the new rate is 8.31%.

Every CEO wants to tell you how good their company is. You can't spend words. Increased cash dividends are a tangible sign of viability. For a list of stocks with a long string of consecutive dividend increases, see this list.

Full Disclosure: No position in the aforementioned stocks. See a list of all my income holdings here.


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The above story is the opinion of the author only and it does not reflect iStockAnalyst opinion. Further, the author is not personally advising you regarding the suitability of the story for your investment needs. In no event iStockAnalyst will be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from or arising out of, or in connection with the use of this information. Please consult your investment advisor before making any investment decision.
  
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