Dividends Value » DGICA http://dividendsvalue.com Dividend Investing & Value Investing For A Superior Portfolio Sun, 08 Jan 2012 20:26:30 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 4 Dividend Stocks Raising Dividends and Expectations * http://dividendsvalue.com/6242/4-dividend-stocks-raising-dividends-and-expectations/ http://dividendsvalue.com/6242/4-dividend-stocks-raising-dividends-and-expectations/#comments Fri, 16 Apr 2010 10:30:19 +0000 D4L http://dividendsvalue.com/?p=6242 Have you ever pondered the concept of forever or infinity? It is truly mind boggling! What is even more astonishing is that when I buy a stock, my target holding period is forever. For most people, myself included, that is hard to grasp and to carry out. When things start going bad, our primal instinct of flight kicks in and we want to sell. In many cases, that is the time we should be buying. Holding a stock through an economic downturn is much easier when it pays a rising dividend.

Below are several companies giving their shareholders a reason not to sell by increasing their cash dividends:

Enterprise Products Partners (EPD) is an integrated provider of natural gas and natural gas liquids services, including processing, fractionation, storage, transportation, and terminalling. April 13th the partnership increased its quarterly distribution to $0.5675/unit. The quarterly distribution will be paid on Thursday, May 6, 2010, to unit holders of record as of the close of business on Friday, April 30, 2010. The ex-dividend date is April 28. The yield based on the new payout is 6.36%.

Genesis Energy (GEL) is a limited partnership focused on the midstream segment of the oil and gas industry in the Gulf Coast region of the United States. April 14th the partnership raised its quarterly distribution 8.9% over the first quarter 2009 to $0.3675/unit. The distribution will be paid on May 14, 2010, to Common Unitholders of record at the close of business on May 4, 2010. The ex-dividend date is April 30, 2010. The yield based on the new payout is 7.20%.

HB Fuller (FUL) is an international manufacturer of adhesives, sealants, paints and specialty construction products. April 15th the company increased its quarterly dividend 2.9% to $0.07/share. FUL is a Dividend Achiever and has raised its dividend for 41 consecutive years. The yield based on the new payout is 1.17%.

Donegal (DGICA) offers personal and commercial lines of insurance to businesses and individuals in 18 Mid-Atlantic, Midwestern and Southeastern states. April 15th the company raised its quarterly dividend 2.2% to $0.115/share. The dividend is payable May 17, 2010 to stockholders of record as of the close of business on May 3, 2010. The yield based on the new payout is 3.08%.

In addition to the above dividend raisers, the following Dividend Aristocrats declared regular quarterly cash dividends:

April 12th Walgreens (WAG) declared a quarterly dividend of $0.1375/share with a 1.5% yield. The dividend is payable June 12, 2010, to shareholders of record May 20, 2010. The ex-dividend date is May 6, 2010. [Analysis]

Pitney Bowes (PBI) on April 12 declared a quarterly dividend of $0.365/share with a 5.9% yield. The dividend is payable June 12, 2010, to shareholders of record on May 14, 2010. The ex-dividend date is May 12, 2010.

April 15th Consolidated Edison, Inc. (ED) declared a quarterly dividend of $0.595/share with a 5.3% yield. The dividend is payable June 15, 2010, to stockholders of record as of May 12, 2010. The ex-dividend date is May 10, 2010.

If you invest in good solid stocks that increase their dividends on a consistent basis, day-to-day share movements will not concern you. For a list of stocks with a long string of consecutive cash dividend increases, see this list.

Full Disclosure: Long ED. See a list of all my income holdings here.

(Photo Credit)

]]> http://dividendsvalue.com/6242/4-dividend-stocks-raising-dividends-and-expectations/feed/ 3 IBM Assumes Familiar Leadership Role * http://dividendsvalue.com/2971/ibm-assumes-familiar-leadership-role/ http://dividendsvalue.com/2971/ibm-assumes-familiar-leadership-role/#comments Fri, 01 May 2009 10:30:26 +0000 D4L http://dividendsvalue.com/?p=2971 IBM (IBM), a name once synonymous with blue-chip technology, faced a near-death experience in the early 1990′s when it misjudged the  importance of PCs at a time when demand for mainframes was waning and corporate downsizing was in full swing. IBM has never been able to regain it technology bellwether crown from Microsoft (MSFT) and Intel (INTC), but it has taken steps to regain its leadership role.

Last Tuesday, IBM stood up and was counted as a leader. At a time when the ill-prepared and the fearful are cutting dividends and hoarding cash, IBM increased its quarterly dividend 10% to $0.55/share and announced a $3 billion share repurchase program. The company has increased its quarterly dividend by 175% percent since 2006 and this is the 14th consecutive increase. The dividend is payable June 10, 2009 to stockholders of record May 8, 2009.  based on the new rate, IBM is currently yielding: 2.10%

Below are many other companies joining IBM as leaders andrewarding their shareholders with higher cash dividends:

  • Cullen/Frost Bankers (CFR) increased its qtr. dividend 2% to $0.43/share. Yield 3.54% (analysis)
  • Donegal Group (DGICA) raised its qtr. dividend to $0.112/share. Yield: 3.07%
  • Valmont Industries (VMI) ups its qtr. dividend 15.4% to $0.15/share, Yield: 0.95%
  • Bemis (BMS) boosts qtr dividend to $0.225/share. Yield: 3.72%
  • Costco Wholesale (COST) increased its qtr dividend to $0.18/share. Yield: 1.50%
  • BOK Financial (BOKF) raised its qtr. dividend 6.7% to $0.24/share. Yield: 2.48%
  • W.W. Grainger (GWW) ups its qtr. dividend 15% to $0.46/share. Yield: 2.22%
  • Talisman Energy (TLM) boosts its semi-annual dividend 12.5% to $0.1125/share. Yield: 1.47%
  • ExxonMobil (XOM) increased its qtr. dividend to $0.42/share. Yield: 2.45%
  • UGI Corporation (UGI) raised its qtr dividend 4% to $0.20/share. Yield: 3.35%
  • Safeway (SWY) ups qtr. dividend 21% to $0.10/share. Yield: 1.56%
  • Occidental (OXY) boosts qtr. dividend 3.1% to $0.33/share. Yield: 2.23%

Hopefully, this is just the beginning and in the coming weeks we will continue to see more dividend increases. For more companies with a long string of consecutive dividend increases, see this list.

Full Disclosure: No position in the aforementioned securities.  See a list of all my income holdings here.

(Photo: Steve Woods)

]]> http://dividendsvalue.com/2971/ibm-assumes-familiar-leadership-role/feed/ 1 Procter & Gamble (PG) Increases Dividend 10% * http://dividendsvalue.com/2711/procter-gamble-pg-increases-dividend-10/ http://dividendsvalue.com/2711/procter-gamble-pg-increases-dividend-10/#comments Fri, 17 Apr 2009 10:30:27 +0000 D4L http://dividendsvalue.com/?p=2711 If you closely follow the daily financial news, it is easy become jaded and start believing that there isn’t any good news good news out there. Don’t be confused by the noise. There are still great companies committed to generating superior returns and rewarding their shareholder ever-increasing dividends. One blue-blood aristocrat did just that this week.

On Tuesday April 14, 2009, The Procter & Gamble Company (PG) announced a 10% increase in its quarterly dividend to $0.44/share. The dividend is payable on or after May 15, 2009 to shareholders of record at the close of business on April 24, 2009.  This dividend increase extends PG’s string to 53 consecutive years. After the increase, PG’s dividend yield is 3.61%.  PG is focused on providing branded consumer goods products. The Company markets its products in more than 180 countries. (Analysis)

This week several other companies joined PG and rewarded their shareholders with higher cash dividends:

Anworth Mortgage Asset Corporation (ANH) increased its quarterly common stock dividend 15.4% to $0.30/share. The dividend is payable on May 19, 2009 to common stockholders of record as of the close of business on April 30, 2009.  The new dividend yield is 18.18%. Anworth is a mortgage real estate investment trust which invests primarily in securities guaranteed by U.S. Government-sponsored agencies, such as Fannie Mae, Freddie Mac or Ginnie Mae.

International Speedway Corporation (ISCA) declared an annual dividend of $0.14 per share, payable on June 30, 2009, to common stockholders of record on May 29, 2009. The dividend represents a 16.6% increase from the annual dividend of $0.12 declared last year. The new dividend yield is 0.70%. ISCA promotes motorsports activities in the U.S., and owns and/or operates major motorsports facilities.

H.B. Fuller (FUL)  raised its quarterly dividend by 3% to $0.068/share. The dividend is payable on May 14, 2009 to shareholders of record at the close of business on April 30, 2009. The new dividend yield is 1.55%.  FUL is an international manufacturer of adhesives, sealants, coatings, paints and specialty products.

Donegal Group (DGICA) boosted its quarterly dividend by 7.1% to $0.1125/share. The dividend will be payable on May 15 to shareholders of record on May 1. The new dividend yield is 2.72%. DGICA offers personal and commercial lines of insurance to businesses and individuals in 18 Mid-Atlantic, Midwestern and Southeastern states.

Southside Bancshares (SBSI) increased its quarterly dividend by 7.7% to $0.14/share. The new dividend yield is 2.55%. Headquartered in Tyler, TX, SBSI is a community-focused financial institution that offers a range of financial services to individuals, businesses, municipal entities and non-profit organizations in the communities served by it.

It was good to see the dividend raisers return. This is a busy time of the year for dividend increases. I look forward to seeing an increase in activity over the coming weeks. For the best companies with a long string of consecutive dividend increases, see this list.

Full Disclosure: No position in any of the aforementioned securities.

(Photo: Steve Woods)

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