Below are several companies building an inflation hedge for their shareholders by increasing their cash dividends:
JPMorgan Chase (JPM) recently increased its quarterly dividend 12% to $0.90 per share. The dividend is payable Oct. 31, 2019 to stockholders of record on Oct. 4, 2019, with an ex-dividend date of Oct. 3, 2019. The yield based on the new payout is 3.3%.
Kroger (KR) recently increased its quarterly dividend 14% to $0.16 per share. The dividend is payable Sep. 1, 2019 to stockholders of record on Aug. 15, 2019, with an ex-dividend date of Aug. 14, 2019. The yield based on the new payout is 3.0.
Worthington (WOR) recently increased its quarterly dividend 4.3% to $0.24 per share. The dividend is payable Sep. 27, 2019 to stockholders of record on Sep. 13, 2019, with an ex-dividend date of Sep. 12, 2019. The yield based on the new payout is 2.5%.
John Wiley & Sons (JW.A) recently increased its quarterly dividend 3% to $0.34 per share. The dividend is payable Jul. 24, 2019 to stockholders of record on Jul. 10, 2019, with an ex-dividend date of Jul. 9, 2019. The yield based on the new payout is 3.0%.
Glacier Bancorp (GBCI) recently increased its quarterly dividend 3.8% to $0.27 per share. The dividend is payable Jul. 18, 2019 to stockholders of record on Jul. 9, 2019, with an ex-dividend date of Jul 8, 2019. The yield based on the new payout is 2.8%.
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: No position in the aforementioned securities.
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Tags: JPM, KR, WOR, JW.A, GBCI,
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