7 Dividend Stocks Building Future Yield

Driven by computers that cost more than the average person will earn in their lifetime the investment markets move at light speed. To keep pace hedge funds, mutual funds, institutional investors and multi-billion dollar money managers spend large sums of money on high-tech tools to give them an edge. So, what chance does a small individual investor have? Not much of a chance if you let the Wall Street players define the rules. However, you might just slay the giant if you define the rules and focus on quality blue chip dividend growth stocks and long-term, buy-and-hold and investing strategy.

Below are several companies building future yield with increased cash dividends for their shareholders:

Skyworks Solutions (SWKS) recently increased its quarterly dividend 16% to $0.44 per share. The dividend is payable Sep. 17, 2019 to stockholders of record on Aug. 27, 2019, with an ex-dividend date of Aug. 26, 2019. The yield based on the new payout is 2.2%.

Peabody Energy (BTU) recently increased its quarterly dividend 3.6% to $0.145 per share. The dividend is payable Sep. 11, 2019 to stockholders of record on Aug. 21, 2019, with an ex-dividend date of Aug. 20, 2019. The yield based on the new payout is 3.3%.

Pioneer Natural Resources (PXD) recently increased its quarterly dividend 175% to $0.44 per share. The dividend is payable Oct. 10, 2019 to stockholders of record on Sep. 27, 2019, with an ex-dividend date of Sep. 26, 2019. The yield based on the new payout is 1.5%.

Microchip Technology (MCHP) recently increased its quarterly dividend 0.1% to $0.366 per share. The dividend is payable Sep. 4, 2019 to stockholders of record on Aug. 21, 2019, with an ex-dividend date of Aug. 20, 2019. The yield based on the new payout is 1.7%.

Global Partners (GLP) recently increased its quarterly dividend 1% to $0.5150 per share. The dividend is payable Aug. 14, 2019 to stockholders of record on Aug. 9, 2019, with an ex-dividend date of Aug. 8, 2019. The yield based on the new payout is 10.4%.

Delek US (DK) recently increased its quarterly dividend 3.6% to $0.29 per share. The dividend is payable Sep. 3, 2019 to stockholders of record on Aug. 19, 2019, with an ex-dividend date of Aug. 16, 2019. The yield based on the new payout is 2.8%.

International Flavors & Fragrances (IFF) recently increased its quarterly dividend 2.7% to $0.75 per share. The dividend is payable Oct. 4, 2019 to stockholders of record on Sep. 23, 2019, with an ex-dividend date of Sep. 20, 2019. The yield based on the new payout is 2.1%.

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: SWKS, BTU, PXD, MCHP, GLP, DK, IFF,
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