Join        Login             Stock Quote

Nine Consistent Dividend Raisers In The News

 November 01, 2010 09:31 AM

It doesn't take much for a company to raise distributions once in a while. In fact, even companies without a shareholder friendly dividend policy could occasionally afford to raise dividends. It is only companies with strong balance sheets and ability to generate excess scash flows that could not only maintain a solid dividend payment, but also afford to increase it consistently every year. As a result enterprising dividend investors should avoid companies that only sporadically raise distributions, and instead follow companies that consistently raise them. I define a company as a consistent dividend payer, if it has raised distributions for over five years in a row. I typically however require a history of at least ten years in a row of annual dividend increases, before initiating a position in a stock. I do this in order to avoid companies which have been able to raise distributions simply because they were in the right place at the right time, and not because they had any solid competitive advantages.

[Related -Sector Detector: Bulls Run With A Temporary Green Flag From Congress]

Over the past week, the following consistent dividend payers raised distributions:

Boardwalk Pipeline Partners, LP(BWP), through its subsidiaries, engages in the interstate transportation and storage of natural gas in the United States. This master limited partnership raised its quarterly distribution from 51 to 51.5 cents/unit. The company has raised distributions since going public in 2006. Yield: 6.10%

[Related -General Dynamics Corporation (GD) Dividend Stock Analysis]

Ecology and Environment, Inc. (EEI), an environmental consulting firm, provides professional services to the government and private sectors worldwide. The company raised its smi-annual dividend by 4.80% to 22 cents/share. The company has consistently raised dividends since 2006. Yield: 3.30%

NuStar Energy L.P. (NS) engages in the terminalling, storage, and transportation of petroleum products in the United States, the Netherland Antilles, Canada, Mexico, the Netherlands, and the United Kingdom. The company raised its quarterly distributions by 1% to $1.075/share. This master limited partnership has consistently raised distributions since 2001. Yield: 6.80%

Holly Energy Partners, L.P.

Next Page >>12


Comments Closed

rss feed

Latest Stories

article imageTackling China's Debt Problem: Can Debt-Equity Conversions Help?

China’s high and rising corporate debt problem and how best to address it has received much attention read on...

article imageWill Job Growth Kill The Bear-Market Signal For Stocks?

It’s all about jobs now. Actually, it’s always been about jobs. But the stakes are even higher—perhaps more read on...

article imageAutomating Ourselves To Unemployment

In this current era of central planning, malincentives abound. We raced to frack as fast we could for the read on...

article imageFed: Waiting For June… Or Godot?

The Federal Reserve left interest rates unchanged yesterday, as widely expected. But the possibility of a read on...

Popular Articles

Daily Sector Scan
Partner Center

Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.