Below are several companies that have recently increased their cash dividends to shareholders:
Walmart Inc. (WMT) operates retail stores in various formats worldwide. Recently the company increased its quarterly dividend 2% to $0.52 per share. The dividend is payable April 2, 2018 to stockholders of record on March 9, 2018, with an ex-dividend date of March 8, 2018. The yield based on the new payout is 2.0%.
The Home Depot, Inc. (HD) operates as a home improvement retailer. Recently the company increased its quarterly dividend 16% to $1.03 per share. The dividend is payable March 22, 2018 to stockholders of record on March 8, 2018, with an ex-dividend date of March 7, 2018. The yield based on the new payout is 2.2%.
GlaxoSmithKline plc (GSK) engages in the creation, discovery, development, manufacture, and marketing of vaccines, over-the-counter medicines, and health-related consumer products worldwide. Recently the company increased its quarterly dividend 21% to $0.23 per share. The dividend is payable April 12, 2018 to stockholders of record on February 23, 2018, with an ex-dividend date of February 22, 2018. The yield based on the new payout is 7.0%.
Newmont Mining Corporation (NEM) operates in the mining industry. Recently the company increased its quarterly dividend 87% to $0.14 per share. The dividend is payable March 22, 2018 to stockholders of record on March 8, 2018, with an ex-dividend date of March 7, 2018. The yield based on the new payout is 1.4%.
Waste Management, Inc. (WM) provides waste management environmental services to residential, commercial, industrial, and municipal customers in North America. Recently the company increased its quarterly dividend x% to $0.xx per share. The dividend is payable April/March/February x, 2018 to stockholders of record on April/March/February x, 2018, with an ex-dividend date of April/March/February x, 2018. The yield based on the new payout is x%.
The Williams Companies, Inc. (WMB) operates as an energy infrastructure company primarily in the United States. Recently the company increased its quarterly dividend 13% to $0.34 per share. The dividend is payable March 26, 2018 to stockholders of record on March 9, 2018, with an ex-dividend date of March 8, 2018. The yield based on the new payout is 4.8%.
Universal Display Corporation (OLED) engages in the research, development, and commercialization of organic light emitting diode technologies and materials for use in flat panel displays and solid-state lighting applications. Recently the company increased its quarterly dividend 100% to $0.06 per share. The dividend is payable March 30, 2018 to stockholders of record on March 15, 2018, with an ex-dividend date of March 14, 2018. The yield based on the new payout is 0.2%.
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 WMT in my Dividend Growth Stocks Portfolio. See a list of all my Dividend Growth Portfolio holdings here.
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Tags: WMT, HD, GSK, NEM, WM, WMB, OLED,