7 Stocks Meeting Their Shareholders' Goal With increased Dividends

I have stated many times that my goal is to create an ever growing income stream from dividend growth stocks. Secondarily, it is my desire to beat the S&P 500 over time. With that said, I rarely look at the capital performance of individual stocks. What I do watch is the ability of the stocks I own to sustain their dividend growth.

This week several companies met their shareholders' goal of higher income with increased cash dividends:

Nvidia (NVDA) recently increased its quarterly dividend 6.7% to $0.16 per share. The dividend is payable Dec. 21, 2018 to stockholders of record on Nov. 30, 2018, with an ex-dividend date of Nov. 29, 2018. The yield based on the new payout is 0.3%.

Nike (NKE) recently increased its quarterly dividend 10% to $0.22 per share. The dividend is payable Jan. 2, 2019 to stockholders of record on Dec. 3, 2018, with an ex-dividend date of Nov. 30, 2018. The yield based on the new payout is 1.2%.

HP (HPQ) recently increased its quarterly dividend 15% to $0.1602 per share. The dividend is payable Jan. 2, 2019 to stockholders of record on Dec. 13, 2018, with an ex-dividend date of Dec. 12, 2018. The yield based on the new payout is 2.7%.

Agilent (A) recently increased its quarterly dividend 10% to $0.164 per share. The dividend is payable Jan. 23, 2019 to stockholders of record on Dec. 31, 2018, with an ex-dividend date of Dec. 28, 2018. The yield based on the new payout is 1.0%.

Anadarko Petroleum (APC) recently increased its quarterly dividend 20% to $0.30 per share. The dividend is payable Dec. 26, 2018 to stockholders of record on Dec. 12, 2018, with an ex-dividend date of Dec. 11, 2018. The yield based on the new payout is 2.2%.

Sysco (SYY) recently increased its quarterly dividend 8.3% to $0.39 per share. The dividend is payable Jan. 25, 2019 to stockholders of record on Jan. 4, 2019, with an ex-dividend date of Jan. 25, 2019. The yield based on the new payout is 2.4%.

Motorola Solutions (MSI) recently increased its quarterly dividend 9.6% to $0.57 per share. The dividend is payable Jan. 15, 2019 to stockholders of record on Dec. 14, 2018, with an ex-dividend date of Dec. 13, 2018. The yield based on the new payout is 1.8%.

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 NKE.

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Tags: NVDA, NKE, HPQ, A, APC, SYY, MSI,
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