When you purchase individual stocks, risk is inherent. Sometimes bad things happen to good stocks. Eventually, every investor will hold a stock that falls out of favor and endures a double-digit decline. Understanding this from the onset makes it easier to deal with. To minimize the risk of significant declines, your core portfolio should focus on blue-chip dividend growth stocks.
Listed below are select companies that have recently elected to raise their payout and yield by increasing their cash dividends to shareholders:
Walgreens Boots (WBA) recently increased its quarterly dividend 2.2% to $0.4675 per share. The dividend is payable Sep. 11, 2020 to stockholders of record on Aug. 19, 2020, with an ex-dividend date of Aug. 18, 2020. The yield based on the new payout is 4.4%.
Duke Energy (DUK) recently increased its quarterly dividend 2.1% to $0.965 per share. The dividend is payable Sep. 16, 2020 to stockholders of record on Aug. 14, 2020, with an ex-dividend date of Aug. 13, 2020. The yield based on the new payout is 4.9%.
Bank OZK (OZK) recently increased its quarterly dividend 0.9% to $0.2725 per share. The dividend is payable Jul. 20, 2020 to stockholders of record on Jul. 22, 2020, with an ex-dividend date of Jul. Jul. 10, 2020. The yield based on the new payout is 4.8%.
H.B. Fuller (FUL) recently increased its quarterly dividend 1.5% to $0.165 per share. The dividend is payable Aug. 6, 2020 to stockholders of record on Jul. 22, 2020, with an ex-dividend date of Jul. 21, 2020. The yield based on the new payout is 1.5%.
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.
Stocks that have recently cut their dividends:
Saratoga Investment (SAR) - resumes quarterly dividend 26% below prior dividend
Full Disclosure: Long DUK,
Related Articles
- 5 Dividend Stocks Beating the S&P With Positive Returns In Excess of 50% YTD
- Income Annuities vs. Dividend Stocks
- 5 Tech Stocks With A History of Growing Their Dividends
- How To Manage Your Dividend Portfolio In A Downturn
- Where To Find Great Dividend Stocks
Tags: WBA, DUK, OZK, FUL,
.