Below are several dividend stocks that did not miss their opportunity increase cash dividends:
Apple (AAPL) recently increased its quarterly dividend 6.5% to $0.82 per share. The dividend is payable May 14, 2020 to stockholders of record on May 11, 2020, with an ex-dividend date of May 8, 2020. The yield based on the new payout is x%.
MetLife (MET) recently increased its quarterly dividend 4.5% to $0.46 per share. The dividend is payable Jun. 12, 2020 to stockholders of record on May 8, 2020, with an ex-dividend date of May 7, 2020. The yield based on the new payout is 5.2%.
American Water Works (AWK) recently increased its quarterly dividend 10% to $0.55 per share. The dividend is payable Jun. 2, 2020 to stockholders of record on May 12, 2020, with an ex-dividend date of May 11, 2020. The yield based on the new payout is 1.8%.
People's United Financial (PBCT) recently increased its quarterly dividend 1.4% to $0.18 per share. The dividend is payable May 15, 2020 to stockholders of record on May 1, 2020, with an ex-dividend date of Apr. 30, 2020. The yield based on the new payout is 6.4%.
Tetra Tech (TTEK) recently increased its quarterly dividend 13% to $0.17 per share. The dividend is payable May 29, 2020 to stockholders of record on May 13, 2020, with an ex-dividend date of May 12, 2020. The yield based on the new payout is 0.9%.
Hess Midstream Partners (HESM) recently increased its quarterly dividend 1.2% to $0.431 per share. The dividend is payable May 14, 2020 to stockholders of record on May 4, 2020, with an ex-dividend date of May 1, 2020. The yield based on the new payout is 11%.
First Financial Bankshares (FFIN) recently increased its quarterly dividend 8.3% to $0.13 per share. The dividend is payable Jul. 1, 2020 to stockholders of record on Jun. 16, 2020, with an ex-dividend date of Jun. 15, 2020. The yield based on the new payout is 1.9%.
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.
Unfortunately, the Covind-19 induced bear market continues to produce dividend cuts and dividend suspensions. Here is a list of select notable companies:
General Motors Co. (GM) - Suspended dividend
Harley-Davidson (HOG) - Cuts dividend by 94.7%
Royal Dutch Shell (RDS.A) - Cuts dividend by by 66%
Full Disclosure: Long AAPL, PBCT,
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Tags: AAPL, MET, AWK, PBCT, TTEK, HESM, FFIN,
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