Below are several companies confident and secure enough in their business to increase their cash dividends:
Verizon Communications Inc. (VZ) offers communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. Recently the company increased its quarterly dividend 2.1% to $0.6025 per share. The dividend is payable November 1, 2018 to stockholders of record on October 10, 2018, with an ex-dividend date of October 9, 2018. The yield based on the new payout is 4.5%.
BHP Billiton Limited (BHP) discovers, acquires, develops, and markets natural resources worldwide. Recently the company increased its semi-annual dividend 14% to $1.26 per share. The dividend is payable September 25, 2018 to stockholders of record on September 7, 2018, with an ex-dividend date of September 7, 2018. The yield based on the new payout is 2.1%.
American Tower (AMT), one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of approximately 170,000 communications sites. Recently the company increased its quarterly dividend 2.6% to $0.79 per share. The dividend is payable October 17, 2018 to stockholders of record on September 28, 2018, with an ex-dividend date of September 27, 2018. The yield based on the new payout is 2.1%.
Royal Caribbean Cruises Ltd. (RCL) operates as a cruise company. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Azamara Club Cruises brands. Recently the company increased its quarterly dividend 17% to $0.70 per share. The dividend is payable October 11, 2018 to stockholders of record on September 21, 2018, with an ex-dividend date of September 20, 2018. The yield based on the new payout is 2.3%.
Logitech International S.A. (LOGI) designs, manufactures, and markets products that allow people to connect through music, gaming, video, computing, and other digital platforms worldwide. Recently the company increased its dividend 10% to CHF 0.67 per share. The dividend is payable September 21, 2018, with an ex-dividend date of September 19, 2018. The yield based on the new payout is 1.5%.
EastGroup Properties, Inc. (EGP) is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets. Recently the company increased its quarterly dividend 12% to $0.72 per share. The dividend is payable October 15, 2018 to stockholders of record on September 28, 2018, with an ex-dividend date of September 27, 2018. The yield based on the new payout is 3.0%.
Tri-Continental Corporation (TY) is a closed ended equity mutual fund launched and managed by Columbia Management Investment Advisers, LLC. Recently the company increased its quarterly dividend 6.7% to $0.2385 per share. The dividend is payable September 27, 2018 to stockholders of record on September 19, 2018, with an ex-dividend date of September 18, 2018. The yield based on the new payout is 3.4%.
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.
Full Disclosure: Long VZ.
Related Articles
- 4 Stocks With A Strong Cash To Dividend Coverage
- Optimizing Your Asset Allocation
- Dividend Growth Stocks Are My Conviction
- 5 Stocks With A Low Debt To Total Capital
- Should You Sell A Dividend Stock After A Dividend Cut?
Tags: VZ, BHP, AMT, RCL, LOGI, EPG, TY,
.