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,
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Tags: WBA, DUK, OZK, FUL,
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