(By Dividend Growth Investor) My retirement strategy
entails purchasing quality dividend growth stocks, which consistently raise distributions. It is very reassuring when I see that the companies I have purchased in my dividend portfolio
increase dividends, and thus providing me with solid evidence that my research has been correct. Of the list of consistent dividend raisers from the past week, there were four in which I owned a position. On average, these stocks have delivered a 6.90% increase in distributions to me over the past year.
The Procter & Gamble Company (PG
) provides consumer packaged goods in the United States and internationally. The company raised quarterly dividends by 7% to 56.20 cents/share. This dividend king
has raised dividends for 56 years in a row. Yield: 3.40% (analysis
Enterprise Products Partners L.P. (EPD
) provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, refined products, and petrochemicals in the United States, Canada, and Gulf of Mexico. This master limited partnership
raised quarterly distributions to 62.75 cents/unit, which represented a 5% increase over the same rate this time in 2011. Enterprise Products Partners has raised distributions for 15 years in a row. Yield: 5% (analysis
Kinder Morgan Energy Partners, L.P. (KMP
) operates as a pipeline transportation and energy storage company in North America. This MLP raised quarterly distributions to $1.20/unit, which represented a 5.30% increase over the same rate this time in 2011. Kinder Morgan Energy Partners has raised distributions for 15 years in a row. Yield: 5.70% (analysis
ONEOK Partners, L.P.