Below are several dividend stocks that recently rewarded their shareholders with increased cash dividends:
The First of Long Island (FLIC)recently increased its quarterly dividend to $0.19/share dividend, 5.6% increase from prior dividend of $0.18. The dividend is payable Oct. 22 to shareholders of record Oct. 13 with an ex-div date of Oct. 12. The yield based on the new payout is 5.34%
OGE Energy (OGE) recently increased its quarterly dividend 3.9% to $0.4025 per share. The dividend payable Oct. 30 to for shareholders of record Oct. 13 with an ex-div date of Oct. 12. The yield based on the new payout is 5.45%
Honeywell (HON) recently increased its quarterly dividend 3.3% to $0.93 per share. The dividend is payable Dec. 4; for shareholders of record Nov. 13, with an ex-div date of Nov. 12. The yield based on the new payout is 2.34%.
Johnson Outdoors (JOUT) recently increased its quarterly dividend 23% to $0.21 per share. The dividend is payable Oct. 23 to shareholders of record on Oct. 9 with an ex-div date of Oct. 8. The yield based on the new payout is 1.05%.
SuRo Capital (SSSS) recently increased its quarterly dividend 67% to $0.25 per share. The dividend is payable Oct. 20 for shareholders of record Oct. 5, with an ex-div date of Oct. 2. The yield based on the new payout is 3.85%.
Artesian Resources (ARTNA) recently increased its quarterly dividend 3% to $0.2571 per share. The dividend is payable Nov. 20 to shareholders of record Nov. 9, with an ex-div date of Nov. 6. The yield based on the new payout is 3.04%.
Lockheed Martin (LMT) recently increased its quarterly dividend 8.3% to $2.60 per share. The dividend is payable Dec. 24 to shareholders of record Dec. 1, with an ex-div date of Nov. 30. The yield based on the new payout is 2.69%.
TTEC Holdings (TTEC) recently increased its semi-annual dividend 18% to $0.40 per share. The dividend is payable Oct. 29 to shareholders of record Oct. 14, with an ex-div date of Oct. 13. The yield based on the new payout is 1.53%.
Starbucks (SBUX) recently increased its quarterly dividend 9.8% to $0.45 per share. The dividend is payable Nov. 27 to shareholders of record Nov. 12 with an ex-div date of Nov. 10. The yield based on the new payout is 2.09%.
Conagra Brands (CAG) recently increased its quarterly dividend 29% to $0.275 per share. The dividend is payable Dec. 2 to shareholders of record Nov. 2 with an ex-div date of Oct. 30. The yield based on the new payout is 3.08%.
American Financial (AFG) recently increased its quarterly dividend 11% to $0.50 per share. The dividend is payable Oct. 26 to shareholders of record Oct. 15, with an ex-div date of Oct. 14. The yield based on the new payout is 3.0%.
Invesco Mortgage Capital (IVR) recently increased its quarterly dividend 150% to $0.05 per share. The dividend is payable Oct. 27 to shareholders of record Oct. 12, with an ex-div date of Oct. 8. The yield based on the new payout is 7.37%.
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 LMT,
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