Below are several companies that did not miss this opportunity to increase their cash dividends:
Visa Inc. (V) is a payments technology company that connects consumers, merchants, financial institutions, businesses, strategic partners and government entities to electronic payments. Recently the company increased its quarterly dividend 18% to $0.195 per share. The dividend is payable December 5, 2017 to stockholders of record on November 17, 2017, with an ex-dividend date of November 17, 2017. The yield based on the new payout is 0.7%.
Texas Instruments Incorporated (TXN) designs, makes and sells semiconductors to electronics designers and manufacturers across the world. Recently the company increased its quarterly dividend 24% to $0.62 per share. The dividend is payable November 13, 2017 to stockholders of record on October 31, 2017, with an ex-dividend date of October 30, 2017. The yield based on the new payout is 2.6%.
Accenture plc (ACN) is a professional services company serving clients in various industries and in geographic regions, including North America, Europe and Growth Markets. Recently the company increased its quarterly dividend 9.9% to $1.33 per share. The dividend is payable November 15, 2017 to stockholders of record on October 19, 2017, with an ex-dividend date of October 18, 2017. The yield based on the new payout is 1.9%.
Huntington Bancshares Incorporated (HBAN) is a bank holding company. Recently the company increased its quarterly dividend 37% to $0.11 per share. The dividend is payable January 2, 2018 to stockholders of record on December 18, 2017, with an ex-dividend date of December 15, 2017. The yield based on the new payout is 3.2%.
Crown Castle (CCI) provides wireless carriers with the infrastructure they need to keep people connected and businesses running. Recently the company increased its quarterly dividend 10% to $1.05 per share. The dividend is payable December 29, 2017 to stockholders of record on December 15, 2017, with an ex-dividend date of December 14, 2017. The yield based on the new payout is 4.1%.
Fortis Inc. (FTS) is a Canada-based electric and gas utility holding company. Recently the company increased its quarterly dividend 6.3% to $0.425 per share. The dividend is payable December 1, 2017 to stockholders of record on November 20, 2017, with an ex-dividend date of November 17, 2017. The yield based on the new payout is 3.6%.
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 TXN in my Dividend Growth Stocks Portfolio. See a list of all my Dividend Growth Portfolio holdings here.
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Tags: V, TXN, ACN, HBAN, CCI, FTS,
