(By Dividends4Life) Every investor wants to earn more. It is how we define "more" and how we go about earning it that defines the type of investor we are. Income investors want more income. Yield is a significant determinate of income. Instead of buying a current high-yield stock, investors in dividend growth stocks
prefer to build their own. Granted, the current yield may never be classified as high-yield, but over time the yield-on-cost can reach epic heights.
This week several companies below chose to build a higher yield for their shareholders with higher cash dividends:Marsh & McLennan Companies, Inc.
), a professional services company, provides advice and solutions in the areas of risk, strategy, and human capital. May 17th the compay increased its quarterly dividend 5% to $0.23 per share. The dividend is payable August 15 to shareholders of record on July 11. The yield based on the new payout is 2.9%.The Williams Companies, Inc.
) operates as an energy infrastructure company in the United States. May 17th the company increased its quarterly dividend 15.9% to $0.30 per share. The dividend is payable June 25, 2012, to holders of record at the close of business on June 8. The yield based on the new payout is 4.0%.Tiffany & Co.
) engages in the design, manufacture, and retail of fine jewelry worldwide. May 17th the company increased is dividend 10% ro $0.32 per share. The dividend is payable July 10, 2012 to stockholders of record on June 20, 2012. The yield based on the new payout is 2.1%.Northrop Grumman Corporation
) provides products, services, and solutions in aerospace, electronics, information systems, and technical service sectors to government and commercial customers worldwide. May 16th the company increased its quarterly dividend 10% to $0.55 per share. The dividend is payable June 13, 2012, to shareholders of record as of the close of business on May 28, 2012. The yield based on the new payout is 3.7%.Pennsylvania Real Estate Investment Trust
) is a publicly owned equity real estate investment trust that owns, manages, develops, acquires, and leases mall and power and strip centers primarily in the Eastern United States. May 16th the company increased its quarterly dividend 6.7% to 0.16 per share. The dividend will be paid on June 15, 2012 to common shareholders of record on June 1, 2012.