Money and Finance
Dividend investors would be wise to focus not just on a stock's current yield, but also on the long-term growth potential of its dividends. That's because strong businesses that consistently raise their dividend payouts reward shareholders with a steadily rising income stream that essentially equates to a raise every year. Below are some stocks which have increased their dividends recently.
Phillips 66 - (PSX) - On October 2, Phillips 66 surprised many by announcing a 25% increase to its quarterly dividend to $0.39 per share. This would mark Phillips 66's third dividend increase in only six quarters. At current prices, Phillips 66 now yields about 2.60%.
Lockheed Martin (LMT) - Declared a quarterly dividend of $1.33 per share, or $5.32 annualized. This is a 15.7% increase from the prior dividend of $1.15. The dividend will be payable on December 27, 2013, to stockholders of record on December 2, 2013, with an ex-dividend date of November 27, 2013. The annual yield on the dividend is 4.1 percent.
McDonalds (MCD) - Raised its dividend 5.20% to $0.81 per share. Shares yield an appetizing 3.43%. The fast-food giant’s five-year dividend growth rate is 13.90% per year. This dividend champion has raised distributions for 37 years in a row.
Microsoft (MSFT) - Increased its dividend 21.7% to $0.28 per share. The tech giant has raised its dividend for 11 consecutive years. The five-year dividend growth rate is 15.10%.
Northwest Natural Gas Co (NWN) - Raised its third-quarter dividend of $0.46 per share, a 1% increase in the payout made to investors last quarter of $0.455 per share. The quarterly dividend is payable on Nov. 15 to the holders of record at the close of business on Oct. 31. The regular dividend payment equates to a $1.84-per-share annual dividend, yielding 4.4%. NWN is a dividend champion which has increased its dividend for 58 consecutive years.
Omega Healthcare Investors (OHI) - Declared a quarterly dividend of $0.48 per share, or $1.92 annualized. This is a 2.1% increase from the prior dividend of $0.47. The dividend will be payable on November 15, 2013, to stockholders of record on October 31, 2013, with an ex-dividend date of October 29, 2013. The annual yield on the dividend is 6.1 percent.
Full Disclosure: I have a position in McDonalds (MCD) at the time of this writing. You can see a list of all my dividend growth positions here.
- At&t Increases Dividend
AT&T announced an increase in their quarterly dividend from $0.44 to $0.45 per share. This is a 2.27% increase. The new quarterly rate will be payable on February 1, 2013 to shareholders of record as of January 10, 2013. I wish they could increase...
- Kinder Morgan Inc. Dividend Increase
Kinder Morgan Inc. (KMI) announced an increase in their quarterly dividend from $0.35 to $0.36 per share. The new payout is payable to shareholders of record on October 31st and is due to pay out on November 15th. This is a 2.86% increase over the...
- Phillips 66 (psx) Dividend Announced
Phillips 66 (PSX), the spinoff from ConocoPhillips, announced it would be paying it's first ever dividend on September 4 to shareholders of record on July 23. The quarterly dividend will be $0.20 per share which is right where they had said it would...
- Recent Dividend Increases
Dividend investors would be wise to focus not just on a stock's current yield, but also on the long-term growth potential of its dividends. That's because strong businesses that consistently raise their dividend payouts reward shareholders with...
- Recent Dividend Increases
Dividend investors would be wise to focus not just on a stock's current yield, but also on the long-term growth potential of its dividends. That's because strong businesses that consistently raise their dividend payouts reward shareholders with...
Money and Finance
Recent Dividend Increases
Dividend investors would be wise to focus not just on a stock's current yield, but also on the long-term growth potential of its dividends. That's because strong businesses that consistently raise their dividend payouts reward shareholders with a steadily rising income stream that essentially equates to a raise every year. Below are some stocks which have increased their dividends recently.Phillips 66 - (PSX) - On October 2, Phillips 66 surprised many by announcing a 25% increase to its quarterly dividend to $0.39 per share. This would mark Phillips 66's third dividend increase in only six quarters. At current prices, Phillips 66 now yields about 2.60%.
Lockheed Martin (LMT) - Declared a quarterly dividend of $1.33 per share, or $5.32 annualized. This is a 15.7% increase from the prior dividend of $1.15. The dividend will be payable on December 27, 2013, to stockholders of record on December 2, 2013, with an ex-dividend date of November 27, 2013. The annual yield on the dividend is 4.1 percent.
McDonalds (MCD) - Raised its dividend 5.20% to $0.81 per share. Shares yield an appetizing 3.43%. The fast-food giant’s five-year dividend growth rate is 13.90% per year. This dividend champion has raised distributions for 37 years in a row.
Microsoft (MSFT) - Increased its dividend 21.7% to $0.28 per share. The tech giant has raised its dividend for 11 consecutive years. The five-year dividend growth rate is 15.10%.
Northwest Natural Gas Co (NWN) - Raised its third-quarter dividend of $0.46 per share, a 1% increase in the payout made to investors last quarter of $0.455 per share. The quarterly dividend is payable on Nov. 15 to the holders of record at the close of business on Oct. 31. The regular dividend payment equates to a $1.84-per-share annual dividend, yielding 4.4%. NWN is a dividend champion which has increased its dividend for 58 consecutive years.
Omega Healthcare Investors (OHI) - Declared a quarterly dividend of $0.48 per share, or $1.92 annualized. This is a 2.1% increase from the prior dividend of $0.47. The dividend will be payable on November 15, 2013, to stockholders of record on October 31, 2013, with an ex-dividend date of October 29, 2013. The annual yield on the dividend is 6.1 percent.
Full Disclosure: I have a position in McDonalds (MCD) at the time of this writing. You can see a list of all my dividend growth positions here.
- At&t Increases Dividend
AT&T announced an increase in their quarterly dividend from $0.44 to $0.45 per share. This is a 2.27% increase. The new quarterly rate will be payable on February 1, 2013 to shareholders of record as of January 10, 2013. I wish they could increase...
- Kinder Morgan Inc. Dividend Increase
Kinder Morgan Inc. (KMI) announced an increase in their quarterly dividend from $0.35 to $0.36 per share. The new payout is payable to shareholders of record on October 31st and is due to pay out on November 15th. This is a 2.86% increase over the...
- Phillips 66 (psx) Dividend Announced
Phillips 66 (PSX), the spinoff from ConocoPhillips, announced it would be paying it's first ever dividend on September 4 to shareholders of record on July 23. The quarterly dividend will be $0.20 per share which is right where they had said it would...
- Recent Dividend Increases
Dividend investors would be wise to focus not just on a stock's current yield, but also on the long-term growth potential of its dividends. That's because strong businesses that consistently raise their dividend payouts reward shareholders with...
- Recent Dividend Increases
Dividend investors would be wise to focus not just on a stock's current yield, but also on the long-term growth potential of its dividends. That's because strong businesses that consistently raise their dividend payouts reward shareholders with...