Friday, July 5, 2013

4 Dividend Stocks Building Shareholder Returns

Numerous research projects have shown, a conservative dividend growth based investment strategy has consistently outperformed the market over time. My goal as a dividend growth stocks investor is to build a steadily increasing income and not necessarily to outperform the market via capital gains. But given the choice, I certainty don't mind having both.

Below are several dividend stocks building shareholder returns with higher cash dividends:

Sovran Self Storage, Inc. (SSS) operates as a real estate investment trust (REIT) engaged in the acquisition, ownership, and management of self-storage properties in the United States. July 2nd the company increased its quarterly dividend 10.4% to $0.53 per share. The dividend is payable July 26, 2013 to Shareholders of record on July 12, 2013. The yield based on the new payout is 3.2%.

Molex Incorporated (MOLX) engages in the design, manufacture, and sale of electronic components worldwide. July 1st the company increased its quarterly dividend 9% to $0.24 per share. The dividend is payable July 25, 2013 to stockholders of record on June 28, 2013. The yield based on the new payout is 3.2%.

Matson, Inc. (MATX) operates as an ocean freight carrier in the Pacific. June 27th the company increased its quarterly dividend 6.7$ to $0.16 per share. The dividend is payable September 5, 2013 to all shareholders of record as of the close of business on August 1, 2013. The yield based on the new payout is 2.5%.

Glacier Bancorp, Inc. (GBCI) operates as holding company for Glacier Bank, which provides commercial banking services. June 27th the company increased its quarterly dividend 7% to $0.15 per share. The dividend is payableJuly 18, 2013, to owners of record on July 9, 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: No position in the aforementioned securities. See a list of all my dividend growth holdings here.

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