Friday, February 6, 2009

* Nine Companies Bucking The Trend And Raising Dividends

What if you don't want to spend your retirement managing and worrying about your portfolio? Put it on Auto Pilot, specifically on a Dividend Investing Auto Pilot. Dividends from a quality, well-diversified portfolio are much more predictable than capital gains and best of all, they are passive. You don't have to do anything, they just show up in your brokerage account each quarter. Inflation? Not to worry, the good companies routinely raise their dividends well in excess of the inflation rate.

Here are several companies rewarding their shareholders with higher cash distributions through increased dividends:
  • HCP (HCP) Raises Qtr. Dividend 1% to $0.46/share (8.00% yield)
  • Aqua America (WTR) Bumps Quarterly Dividend 8% to $0.135 (2.57% yield)
  • Avon Products (AVP) Increases Dividend 5% (3.86% yield)
  • Black Hills Corp. (BKH) Raises Qtr. Dividend (5.97% yield)
  • Infinity Property and Casualty (IPCC) Bumps Dividend to $0.12/share (1.22% yield)
  • Ross Stores (ROST) Increases Qtr. Dividend by 16% to $0.11/share (1.24% yield)
  • J.B. Hunt Transport (JBHT) Boosts Qtr Dividend 10% to $0.11 (1.64% yield)
  • Archer Daniels Midland (ADM) Bumps Quarterly Dividend (1.95% yield)
  • L-3 Communications (LLL) Raises Qtr. Dividend by 17% to $0.35, (1.51% yield)
Retirement is not when you want to start learning how to dividend invest. There is a degree of art to dividend investing. Start young, time is always a great ally.

Full Disclosure: Long HCP


Tags: [ADM] [AVP] [BKH] [HCP] [IPCC] [JBHT] [LLL] [ROST] [WTR]