Forget about those 'Make 534% On Every Trade' ads that you see on many financial websites. Real wealth is built with sweat equity and a sound financial plan. A long-term buy-and-hold investing approach focusing on quality dividend growth stocks has provided the means for many investors to enjoy a comfortable retirement. If you start early enough, you will go beyond a comfortable retirement into the realm of building long-term wealth.
Below are several companies that are helping their shareholders build a comfortable retirement with higher dividends:
Merck (MRK) recently increased its quarterly dividend 11% to $0.61 per share. The dividend is payable Jan. 8, 2020 to stockholders of record on Dec. 16, 2019, with an ex-dividend date of Dec. 13, 2019. The yield based on the new payout is 2.9%.
Agilent (A) recently increased its quarterly dividend 9.8% to $0.18 per share. The dividend is payable Jan. 22, 2020 to stockholders of record on Dec. 31, 2019, with an ex-dividend date of Dec. 30, 2019. The yield based on the new payout is 0.9%.
Royal Gold (RGLD) recently increased its quarterly dividend 5.7% to $0.28 per share. The dividend is payable Jan. 17, 2020 to stockholders of record on Jan. 3, 2020, with an ex-dividend date of Jan. 2, 2020. The yield based on the new payout is 0.9%.
Six Flags (SIX) recently increased its quarterly dividend 1.2% to $0.83 per share. The dividend is payable Dec. 9, 2019 to stockholders of record on Nov. 29, 2019, with an ex-dividend date of Nov. 27, 2019. The yield based on the new payout is 7.4%.
M&T Bank (MTB) recently increased its quarterly dividend 10% to $1.10 per share. The dividend is payable Dec. 31, 2019 to stockholders of record on Dec. 2, 2019, with an ex-dividend date of Nov. 29, 2019. The yield based on the new payout is 2.7%.
Golden Ocean (GOGL) recently increased its quarterly dividend 50% to $0.15 per share. The dividend is payable Dec. 16, 2019 to stockholders of record on Dec. 2, 2019, with an ex-dividend date of Nov. 29, 2019. The yield based on the new payout is 0.8%.
SS&C (SSNC) recently increased its quarterly dividend 25% to $0.125 per share. The dividend is payable Dec. 16, 2019 to stockholders of record on Dec. 2, 2019, with an ex-dividend date of Nov. 29, 2019. The yield based on the new payout is 0.8%.
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: MRK, A, RGLD, SIX, MTB, GOGL, SSNC,
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