Below are some companies that understand the importance of growing their cash dividends:
Arcos Dorados Holdings (ARCO) recently increased its annual dividend 10% to $0.10 per share. The annual dividend is be payable in three installments with the first installment on Apr. 12, 2019 to stockholders of record on Apr. 9, 2019, with an ex-dividend date of Apr. 8, 2019. The yield based on the new payout is 1.5%.
Science Applications (SAIC) recently increased its quarterly dividend 19% to $0.37 per share. The dividend is payable Apr. 26, 2019 to stockholders of record on Apr. 12, 2019, with an ex-dividend date of Apr. 11, 2019. The yield based on the new payout is 2.0%.
Dollarama (DLMAF) recently increased its quarterly dividend 10% to $0.044 per share. The dividend is payable May 10, 2019 to stockholders of record on Apr. 19, 2019, with an ex-dividend date of Apr. 18, 2019. The yield based on the new payout is 0.7%.
UDR (UDR) recently increased its quarterly dividend 6.2% to $0.3425 per share. The dividend is payable Apr. 30, 2019 to stockholders of record on Apr. 9, 2019, with an ex-dividend date of Apr. 8, 2019. The yield based on the new payout is 3.0%.
Ryman Hospitality Properties (RHP) recently increased its quarterly dividend 5.9% to $0.90 per share. The dividend is payable Apr. 15, 2019 to stockholders of record on Mar. 29, 2019, with an ex-dividend date of Mar. 28, 2019. The yield based on the new payout is 4.3%.
Columbus McKinnon (CMCO) recently increased its quarterly dividend 20% to $0.06 per share. The dividend is payable May 13, 2019 to stockholders of record on May 3, 2019, with an ex-dividend date of May 2, 2019. The yield based on the new payout is 0.7%.
Oxford Industries (OXM) recently increased its quarterly dividend 8.8% to $0.37 per share. The dividend is payable May 3, 2019 to stockholders of record on Apr. 18, 2019, with an ex-dividend date of Apr. 17, 2019. The yield based on the new payout is 1.9%.
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: ARCO, SAIC, DLMAF, UDR, RHP, CMCO, OXM,
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