When it comes to selecting dividend growth stocks, one of the most important items to look for is consistency in raising dividends. Sure it is easy to increase dividends when the economy is booming and business is good, but to be consistent a company has to persevere and continue to increase dividends during the tough times.
Below are several companies that have recently increased their cash dividends to shareholders:
Realty Income (O) recently increased its quarterly dividend 2.2% to $0.2325 per share. The dividend is payable Feb. 14, 2020 to stockholders of record on Feb. 3, 2020, with an ex-dividend date of Jan. 31, 2020. The yield based on the new payout is 3.7%.
Abbott Laboratories (ABT) recently increased its quarterly dividend 12% to $0.36 per share. The dividend is payable Feb. 14, 2020 to stockholders of record on Jan. 15, 2020, with an ex-dividend date of Jan. 14, 2020. The yield based on the new payout is 1.6%.
Enterprise Products Partners (EPD) recently increased its quarterly dividend 0.6% to $0.445 per share. The dividend is payable Feb. 12, 2020 to stockholders of record on Jan. 31, 2020, with an ex-dividend date of Jan. 30, 2020. The yield based on the new payout is 6.2%.
Consolidated Edison (ED) recently increased its quarterly dividend 3.4% to $0.765 per share. The dividend is payable Mar. 16, 2020 to stockholders of record on Feb. 19, 2020, with an ex-dividend date of Feb. 18, 2020. The yield based on the new payout is 3.4%.
ONEOK (OKE) recently increased its quarterly dividend 2.2% to $0.935 per share. The dividend is payable Feb. 14, 2020 to stockholders of record on Jan.27, 2020, with an ex-dividend date of Jan. 24, 2020. The yield based on the new payout is 4.9%.
Fastenal (FAST) recently increased its quarterly dividend 14% to $0.25 per share. The dividend is payable Feb. 28, 2020 to stockholders of record on Jan. 31, 2020, with an ex-dividend date of Jan. 30, 2020. The yield based on the new payout is 2.72%.
Gladstone Investment (GAIN) recently increased its quarterly dividend 2.9% to $0.07 per share. The dividend is payable Jan. 31, 2020 to stockholders of record on Jan. 24, 2020, with an ex-dividend date of Jan. 23, 2020. The yield based on the new payout is 6.3%.
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 O, ED,
Related Articles
- 8 Stocks That Have Paid Dividends Since The 1800s
- 5 High-Yielding Dividend Aristocrats Not Afraid to Raise Their Dividends
- 3 Exceptional Dividend Growth Stocks With Quality Financials
- Three Keys For Successful Dividend Growth Investing
- Are You Patient Enough To Be Wealthy? These 6 Dividend Stocks Will Help You Wait
Tags: O, ABT, EPD, ED, OKE, FAST, GAIN,
.