Monday, December 3, 2018

7 Stocks Increasing Dividends For A Rainy Day

Life often deals us difficult circumstances to work through at what seems to be the most inopportune time. During economic downturns, many people lose their jobs at a time when companies aren't hiring. When things like this happen, those with an alternative income, including dividend growth stocks, are in a better position to deal with the circumstances thrust on them.

Below are several companies increasing their dividends and in turn better preparing their shareholders for a financial rainy day:

Walt Disney (DIS) recently increased its semi-annual dividend 4.8% to $0.88 per share. The dividend is payable Jan. 10, 2018 to stockholders of record on Dec. 10, 2018, with an ex-dividend date of Dec. 7, 2018. The yield based on the new payout is 1.5%.

Nucor (NUE) recently increased its quarterly dividend 5.3% to $0.40 per share. The dividend is payable Feb. 11, 2018 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 2.7%.

McCormick (MKC) recently increased its quarterly dividend 9.6% to $0.57 per share. The dividend is payable Jan. 14, 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 1.6%.

Lamar Advertising (LAMR) recently increased its quarterly dividend 1.1% to $0.92 per share. The dividend is payable Dec. 28, 2018 to stockholders of record on Dec. 17, 2018, with an ex-dividend date of Dec. 14, 2018. The yield based on the new payout is 4.9%.

SL Green Realty (SLG) recently increased its quarterly dividend 4.6% to $0.85 per share. The dividend is payable Jan. 15, 2019 to stockholders of record on Jan. 2, 2019, with an ex-dividend date of Dec. 31, 2018. The yield based on the new payout is 3.6%.

Saratoga Investment (SAR) recently increased its quarterly dividend 1.9% to $0.53 per share. The dividend is payable Jan. 2, 2018 to stockholders of record on Dec. 17, 2018, with an ex-dividend date of Dec. 14, 2018. The yield based on the new payout is 10%.

Associated Banc-Corp (ASB) recently increased its quarterly dividend 13% to $0.17 per share. The dividend is payable Dec. 17, 2018 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 2.9%.
had declared $0.17/share quarterly dividend, 13.3% increase from prior dividend of $0.15.
Payable Dec. 17; for shareholders of record Dec. 3; ex-div Nov. 30.

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: No position in the aforementioned securities.

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Tags: DIS, NUE, MKC, LAMR, SLG, SAR, ASB,
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