7 Stocks Sending More Cash To Shareholders With Increased Dividends

If your goal is to accumulate wealth for a comfortable retirement, then there is no risk-free path. Throughout time every angle has been tried and failed. What appears to be a safe investment in a federally insured CD or money market, may not even be covering inflation. Growth stocks don't always grow. The astute conservative investor turns to solid dividend paying stocks with a track record of growing their dividends each year.

Below are several companies that have recently elected to send more cash to their shareholders in the form of increased dividends:

AT&T (T) recently increased its quarterly dividend 2% to $0.52 per share. The dividend is payable Feb. 3, 2020 to stockholders of record on Jan. 10, 2020, with an ex-dividend date of Jan. 9, 2020. The yield based on the new payout is 5.5%.

Hewlett Packard Enterprise (HPE) recently increased its quarterly dividend 6.7% to $0.12 per share. The dividend is payable Jan. 2, 2020 to stockholders of record on Dec. 11, 2019, with an ex-dividend date of Dec. 10, 2019. The yield based on the new payout is 2.9%.

Realty Income (O) recently increased its quarterly dividend 0.2% to $0.2275 per share. The dividend is payable Jan. 15, 2020 to stockholders of record on Jan. 2, 2020, with an ex-dividend date of Dec. 31, 2019. The yield based on the new payout is 3.6%.

Amgen (AMGN) recently increased its quarterly dividend 10% to $1.60 per share. The dividend is payable Mar. 6, 2020 to stockholders of record on Deb. 14, 2020, with an ex-dividend date of Feb. 13, 2020. The yield based on the new payout is 2.7%.

Broadcom (AVGO) recently increased its quarterly dividend 23% to $3.25 per share. The dividend is payable Dec .31, 2019 to stockholders of record on Dec. 23, 2019, with an ex-dividend date of Dec. 20, 2019. The yield based on the new payout is 4.0%.

Enbridge (ENB) recently increased its quarterly dividend 9.8% to $0.81 per share. The dividend is payable Mar. 1, 2019 to stockholders of record on Feb. 14, 2019, with an ex-dividend date of Feb. 13, 2019. The yield based on the new payout is 6.3%.

Iron Mountain (IRM) had declared $0.6185/share quarterly dividend, 1.2% increase from prior dividend of $0.611.
Payable Jan. 2; for shareholders of record Dec. 16; ex-div Dec. 13.

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: Long T, O,

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Tags: T, HPE, O, AMGN, AVGO, ENB, IRM,
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