Here are several companies compounding their shareholder's wealth with increased cash dividends:
NIKE, Inc. (NKE) is engaged in the design, development, marketing and selling of athletic footwear, apparel, equipment, accessories and services. Recently the company increased its quarterly dividend 11% to $0.20 per share. The dividend is payable January 2, 2018 to stockholders of record on December 4, 2017, with an ex-dividend date of December 1, 2017. The yield based on the new payout is 1.4%.
HP Inc. (HPQ) is a provider of products, technologies, software, solutions and services to individual consumers, small- and medium-sized businesses, and enterprises. Recently the company increased its quarterly dividend 5% to $0.1393 per share. The dividend is payable January 3, 2017 to stockholders of record on December 13, 2017, with an ex-dividend date of December 12, 2017. The yield based on the new payout is 2.6%.
Agilent Technologies, Inc. (A) provides application focused solutions that include instruments, software, services and consumables for the entire laboratory workflow. Recently the company increased its quarterly dividend 13% to $0.149 per share. The dividend is payable January 24, 2018 to stockholders of record on January 2, 2018, with an ex-dividend date of December 29, 2017. The yield based on the new payout is 0.9%.
Union Pacific Corporation (UNP) is a railroad operating company in the United States. Recently the company increased its quarterly dividend 9.9% to $0.665 per share. The dividend is payable December 28, 2017 to stockholders of record on November 30, 2017, with an ex-dividend date of November 29, 2017. The yield based on the new payout is 2.3%.
Sysco Corporation (SYY) is a distributor of food and related products primarily to the foodservice or food-away-from-home industry. Recently the company increased its quarterly dividend 9.1% to $0.36 per share. The dividend is payable January 26, 2018 to stockholders of record on January 5, 2018, with an ex-dividend date of January 4, 2018. The yield based on the new payout is 2.6%.
Lam Research Corporation (LRCX) is a supplier of wafer fabrication equipment and services to the semiconductor industry. Recently the company increased its quarterly dividend 11% to $0.50 per share. The dividend is payable January 10, 2018 to stockholders of record on December 6, 2017, with an ex-dividend date of December 5, 2017. The yield based on the new payout is 1.0%.
Royal Gold, Inc. (RGLD) is engaged in acquiring and managing precious metal streams, royalties and similar interests. Recently the company increased its quarterly dividend 4.2% to $0.25 per share. The dividend is payable January 19, 2018 to stockholders of record on January 5, 2018, with an ex-dividend date of January 4, 2017. The yield based on the new payout is 1.2%.
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 SYY in my Dividend Growth Stocks Portfolio. See a list of all my Dividend Growth Portfolio holdings here.
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