7 Stocks With A Vision Of Higher Dividends

A vision is taking the time to contemplate and anticipate, in detail, what the future will bring. A financial vision needs to consider future earnings, savings and economic issues such as inflation. Then based on your vision, you formulate an action plan to ensure the best possible outcome given your unique circumstances. You can’t have a retirement plan until you have a retirement vision. It would seem to me that there are a lot or retirement plans out there but very few retirement visions.

A significant portion of my retirement planning includes dividend growth stocks. Here are a few select companies that have recently followed through on their vision of providing increased cash dividends to their shareholders:

Medical Properties (MPW) recently increased its quarterly dividend 4% to $0.26 per share. The dividend is payable Oct. 10, 2019 to stockholders of record on Sep. 12, 2019, with an ex-dividend date of Sep 11, 2019. The yield based on the new payout is 5.8%.

Martin Marietta Materials (MLM) recently increased its quarterly dividend 15% to $0.55 per share. The dividend is payable Sep. 30, 2019 to stockholders of record on Sep. 3, 2019, with an ex-dividend date of Sep. 3, 2019. The yield based on the new payout is 0.9%.

Westlake Chemical (WLK) recently increased its quarterly dividend 5% to $0.2625 per share. The dividend is payable Sep. 11, 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 1.7%.

Nordson (NDSN) recently increased its quarterly dividend 8.6% to $0.38 per share. The dividend is payable Sep. 10, 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 0.3%.

CAE (CAE) recently increased its quarterly dividend 10% to C$0.11 per share. The dividend is payable Sep. 30, 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 1.2%.

Magic Software (MGIC) recently increased its quarterly dividend 4% to $0.156 per share. The dividend is payable Sep. 12, 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 3.5%.

U.S. Physical Therapy (USPH) recently increased its quarterly dividend 11% to $0.30 per share. The dividend is payable Sep. 13, 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 0.9%.

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: MPW, MLM, WLK, NDSN, CAE, MGIC, USPH,
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