logo
  Join        Login             Stock Quote

8 Dividend Stocks Growing Future Yield

 April 22, 2013 02:35 AM
 


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:

Kinder Morgan, Inc. (KMI) owns and operates energy transportation and storage assets in the United States and Canada. April 17th the company increased its quarterly dividend 2.7% to $0.38 per share. the dividend is payable May 16, 2013, to shareholders of record as of April 29, 2013. The yield based on the new payout is 4.0%.

[Related -United States Steel Corporation (X): Small Insider Buy, Big Rewards?]

CSX Corporation (CSX) provides rail-based transportation services. It offers traditional rail services, and transports intermodal containers and trailers. April 16th the company increased its quarterly dividend 7% to $0.15 per share. The dividend is payable on June 14, 2013 to shareholders of record at the close of business on May 31, 2013. The yield based on the new payout is 2.6%.

Omega Healthcare Investors, Inc. (OHI) operates as a real estate investment trust (REIT) in the United States. April 16th the company increased its quarterly dividend 2.2% to $0.46 per share the dividend is payable May 15, 2013 to common stockholders of record as of the close of business on April 30, 2013. The yield based on the new payout is 5.7%.

[Related -Procter & Gamble (PG) Dividend Stock Analysis]

Whirlpool Corporation (WHR) engages in the manufacture and marketing of home appliances worldwide. April 16th the company increased its quarterly dividend 25% to $0.625 per share. The dividend is payable June 15, 2013, to stockholders of record at the close of business on May 17, 2013. The yield based on the new payout is 2.1%.

Mercantile Bank Corporation (MBWM) operates as the bank holding company for Mercantile Bank of Michigan that provides banking services to small- to medium-sized businesses, individuals, and governmental units. April 16th the company increased its quarterly dividend 10% to $0.11 per share. The dividend is payable June 10, 2013 to holders of record as of May 10, 2013. The yield based on the new payout is 2.5%.

The Southern Company (SO) operates as a public electric utility company. April 15th the company increased its quarterly dividend 3.6% to $0.5075 per share. The dividend is payable June 6, 2013, to shareholders of record as of May 6, 2013. The yield based on the new payout is 4.2%.

The Procter & Gamble Company (PG) engages in the manufacture and sale of a range of branded consumer packaged goods. April 15th the company increased its quarterly dividend 7% to $0.6015 per share. The dividend is payable May 15, 2013 to shareholders of record at the close of business on April 26, 2013. The yield based on the new payout is 3.0%.

Weyerhaeuser Company (WY), a forest products company, grows and harvests trees, builds homes, and manufactures forest products worldwide. It grows and harvests trees for use as lumber, other wood and building products, and pulp and paper. April 11th the company increased its quarterly dividend 18% to $0.20 per share. The dividend is payable May 31, 2013, to shareholders of record at the close of business May 10, 2013. The yield based on the new payout is 2.6%.

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 PG in my Dividend Growth Portfolio and long SO, OHI in my High-Yield Portfolio. See a list of all my dividend growth holdings here.

iOnTheMarket Premium
Advertisement

Advertisement


Post Comment -- Login is required to post message
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
 

rss feed

Latest Stories

article imageADP: Private-Sector Payrolls Rise 213k In September

Private-sector employment continued to rise at a moderate pace in September, according to this morning’s read on...

article imageSuspicions Over ADP Employment Make-up

he private payroll processor noted that the sixth continuous payroll gain above 200,000 was a “positive read on...

article imageLessons From the Golden Bear

How attractive is gold when it comes to investing over the long read on...

article imagePondering The Slide In US Inflation Expectations

The Treasury market’s inflation forecast via 10-year Notes continues to fall and the US stock market has read on...

Advertisement
Popular Articles

Advertisement
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.