After Wednesday’s article High-Yield, High-Risk Dividend Stocks, I had hoped to feature a few high-yield stocks raising their dividends this week. Patiently I watched the news wire for some announcements that fit the bill, and it didn’t take long. As if they were waiting for the cue, three high-yield stocks recently announced increased cash dividends for their shareholders:
Six Double-Digit Dividend Stocks Increasing Their Yields
PetSmart (PETM) Announces a 233% Dividend Increase
In this environment many income investors are happy to see any dividend increase. Not all companies are hiding behind the economic downturn and short-changing their dividend increases. To the contrary, PetSmart (PETM) after an extensive analysis of expected free cash flows showed confidence in their our operating plan with a generous dividend increase and share repurchase plan.
Champion Dividend Stocks
There are winners and there are champions in every walk of life. The difference is subtle, but very real. A champion is driven for success and will not let anything stand in its way. Some dividend stocks can be classified as champions. A bad economy, tight credit markets and a dark cloud of uncertainty are enough send some dividend companies running for the exit. However, these are the times that champions stand firm.









8 Stocks Compounding Their Dividends
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