Dividends Value » RCI

16 Dividend Stocks Growing Future Yield *

D4L — Fri, 29 Oct 2010 07:30:11 +0000

In the southern U.S. where I live, there has been some controversy over harvesting forests of hardwoods and reseeding them with pines. Growing hardwoods is very similar to investing in dividend stocks. What you plant or invest in today will not yield much for years to come. That is not to say progress is not seen. It is just slow and deliberate. To grow hardwoods it takes great foresight and commitment to the process. The small investments we make in quality dividend stocks each month won’t yield large payments in the near-term. It will take time for the payments to grow and compound, but they will.

Below are several companies planting the seeds for future yield by increasing their cash dividends:

El Paso Pipeline (EPB) owns and operates natural gas transportation pipelines and storage assets. October 22nd the partnership increased its quarterly distribution 2.5% to $0.41/unit. The distribution is payable November 15, 2010, on all outstanding common and subordinated units to holders of record as of the close of business on November 1, 2010. The ex-dividend date is October 28, 2010. The yield based on the new payout is 4.90%.

Coca-Cola Enterprises (CCE) is the world’s largest bottler of Coca-Cola beverage products. October 25th the company raised its quarterly dividend 33% to $0.12/share. The dividend is payable December 9, 2010 to shareholders of record on November 26, 2010. The ex-dividend date is November 24, 2010. The yield based on the new payout is 1.99%.

NuStar Energy L.P. (NS) is a leading independent operator of crude oil and refined products pipelines as well as terminal storage facilities. October 25th the partnership increased its quarterly distribution 1% to $1.075/unit. The distribution is payable on November 5, 2010, to holders of record as of November 1, 2010. The ex-distribution date is October 28, 2010. The yield based on the new payout is 6.82%.

PartnerRe Ltd. (PRE) is a global multi-line reinsurance company provides coverage in approximately 150 countries. October 25th the company raised its quarterly dividend 10% to $0.55/share. This marks the second increase in the common share dividend this year. The dividend is payable on December 1, 2010, to common shareholders of record on November 19, 2010, with the stock trading ex-dividend commencing November 17, 2010. The yield based on the new payout is 2.51%.

Linn Energy (LINE) is an independent natural gas and oil company develops and acquires properties in Texas Panhandle and Los Angeles Basin. October 25th the partnership increased its quarterly dividend 5% to $0.66/unit. The distribution is payable on Nov. 12 to shareholders of record on Nov. 4. The ex-dividend date is Nov. 2. The yield based on the new payout is 7.89%.

Holly Energy Partners (HEP) owns and operates refined product pipeline and terminal facilities. October 26th the partnership raised its quarterly distribution 1.2% to $0.835/unit. This increase marks the twenty-fourth consecutive quarterly increase. The distribution will be paid November 12, 2010, to unitholders of record November 5, 2010. The ex-dividend date is November 3, 2010. The yield based on the new payout is 6.65%.

American Electric Power (AEP) is an electric utility holding company has subsidiaries operating in 11 states in the U.S. October 26th the company increased its quarterly dividend 9.5% to $0.46/share. The dividend is payable on Dec. 10 to shareholders of record on Nov. 10. The ex-dividend date is Nov. 8. The yield based on the new payout is 5.02%.

Rogers Communications (RCI) is a Canadian communications and media company operates in three segments: Wireless, Cable, and Media. October 26th the company raised its quarterly dividend 4.1% to $0.32/share. The dividend is payable on January 4, 2011 to shareholders of record on November 18, 2010. The ex-dividend date is November 16, 2010. The yield based on the new payout is 3.54%.

Molex (MOLX) makes electrical and electronic devices primarily for OEMs in the computer, telecommunications, home appliance, and home entertainment industries. October 26th the company increased its quarterly dividend 14.8% to $0.175/share. The dividend is payable on January 25, 2011 to shareholders of record on December 31, 2010. The ex-dividend date is December 29, 2010. The yield based on the new payout is 3.40%.

Cintas (CTAS) operates a corporate identity uniform business and also provides entrance mats, cleaning services and supplies, first aid products, along with document management and shredding services. October 26th the company raised its annual dividend 2% to $0.49/share. The dividend is payable on December 15, 2010, to shareholders of record as of November 12, 2010. The ex-dividend date is November 10. CTAS is a Dividend Aristocrat and has raised its dividend for 27 consecutive years. The yield based on the new payout is 1.81%.

UMB Financial (UMBF) owns four commercial banks, a brokerage company, a community development corporation, a consulting company, mutual fund servicing company and 14 subsidiaries. October 27th the company increased its quarterly dividend 5.4% to $0.195/share. The dividend is payable on December 30, 2010 to shareholders of record at the close of business on December 10, 2010. The ex-dividend date is December 8, 2010. UMBF is a Dividend Achiever and has raised its dividend for 20 consecutive years. The yield based on the new payout is 2.15%.

RPC (RES) provides a range of specialized oilfield services and equipment primarily to independent and oil and gas companies. October 27th the company raised its quarterly dividend 16.7% to $0.07/share and also announced a three-for-two split of the company’s common shares. The dividend is payable December 10, 2010 to common stockholders of record at the close of business on November 10, 2010. The ex-dividend date is November 8, 2010. The yield based on the new payout is 1.20%.

Arrow Financial (AROW) offers commercial and consumer banking and financial products in U.S. October 27th the company increased its quarterly dividend 3.1% to $0.25/share. The dividend is payable December 15, 2010 to shareholders of record December 3, 2010. The ex-dividend date is December 1, 2010. AROW is a Dividend Achiever and has raised its dividend for 20 consecutive years. The yield based on the new payout is 3.91%.

TAL International (TAL) leases of intermodal freight containers, and also engages in container management and sales. October 27th the company raised its quarterly dividend 14.3% to $0.40/share. The dividend is payable on December 23, 2010 to shareholders of record at the close of business on December 2, 2010. The ex-dividend date is November 30, 2010. The yield based on the new payout is 6.42%.

Strayer Education (STRA) offers academic programs via traditional classroom and online courses. October 28th the company increased its quarterly dividend 33% to $1.00/share. The dividend is payable on December 10, 2010 to shareholders of record as of November 26, 2010. The ex-dividend date is November 24, 2010. The yield based on the new payout is 3.16%.

Parker Hannifin (PH) is a global maker of industrial pneumatic, hydraulic, and vacuum motion/control systems, including related pumps, valves, filters, hoses, etc. Its products are used in everything from jet engines to trucks and autos and utility turbines. October 28th the company raised its quarterly dividend 7.4% to $0.29/share. The dividend is payable December 3, 2010 to shareholders of record as of November 10, 2010. The ex-dividend date is November 8, 2010. PH is a Dividend Achiever and has raised its dividend for 55 consecutive years. The yield based on the new payout is 1.53%.

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. For a list of stocks with a long string of consecutive cash dividend increases, see this list.

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

(Photo Credit)

14 Dividend Stocks Giving Shareholders A Raise *

D4L — Fri, 19 Feb 2010 11:30:41 +0000

You expect your employer to give you a salary increase periodically. Why wouldn’t you expect the same from your investments? One of the most important aspects of a dividend stock is its ability to consistency raise dividends over time.

This week a few companies made their shareholders happy by giving them an increase in cash dividends:

Northwestern Corp. (NWE) provides electricity and natural gas in Montana, South
Dakota, and Nebraska. February 12th the company increased its quarterly dividend to $0.34/share. The dividend is payable on March 31, 2010, to common shareholders of record as of March 15, 2010, the ex-dividend date is March 11, 2010. The yield based on the new payout is 5.42%.

Hubbell (HUB.A) produces electrical and electronic products for commercial, industrial, telecommunications, utility and residential applications. February 12the the company increased its quarterly dividend to $0.36/share. The dividend will be paid on April 9, 2010 to shareholders of record on March 8, 2010. The ex-dividend date is March 4, 2010. The yield based on the new payout is 3.19%.

Genuine Parts (GPC) is a leading wholesale distributor of automotive replacement parts, industrial parts and supplies, and office products. February 16th the company increased its quarterly dividend 3% to $0.41/share. The dividend is payable April 1, 2010 to shareholders of record March 5, 2010. The ex-dividend date is March 3, 2010. GPC is a Dividend Achiever and has raised its dividend for 54 consecutive years. The yield based on the new payout is 4.03%. [Analysis]

Cooper Industries (CBE) is a diversified worldwide manufacturer of electrical products, tools, and hardware. February 16th the company increases its quarterly dividend to $0.27/share. The dividend will be paid on April 1, 2010 to shareholders of record as of February 26, 2010. The ex-dividend date is February 24, 2010. The yield based on the new payout is 2.27%.

PSEG (PEG) is the holding company for Public Service Electric and Gas (PSE&G), with a service area that encompasses 70% of New Jersey. February 16th the company increased its quarterly dividend 3.0% to $0.3425/share. The dividend rate is $1.37 annualized. The first dividend in 2010 is payable on March 31, 2010, to shareholders of record on March 10, 2010. The ex-dividend date is March 8, 2010. The yield based on the new payout is 4.46%.

Coca-Cola Enterprises (CCE) is the world’s largest bottler of Coca-Cola beverage products, distributing to about 78% of the North American market. Coca-Cola Co. holds about 35% of CCE’s common stock. February 16th the company increased its quarterly dividend to $0.09/share. The dividend is payable March 25, 2010 to shareowners of record on March 12, 2010. The ex-dividend date is March 10, 2010. The yield based on the new payout is 1.84%.

Rogers Comm (RCI) is a Canadian communications and media company operates in three segments: Wireless, Cable and Media. February 17th the company increases its quarterly dividend 10% to $0.32/share. The dividend will be paid on April 1, 2010 to shareholders of record on March 5, 2010. The ex-dividend date is March 3, 2010. Yield on the dividend is 3.9%. The yield based on the new payout is 3.89%.

Albemarle (ALB) makes specialty chemicals, intermediates and catalysts for polymers, petroleum refining, agricultural chemicals and pharmaceuticals. February 17th the company raises its quarterly dividend 12% to $0.14/share. The dividend is payable April 1, 2010 to shareholders of record at the close of business as of March 15, 2010. The ex-dividend date is March 11. The yield based on the new payout is 1.48%.

Sherwin-Williams (SHW) is the largest U.S. producer of paints, is also a major seller of wallcoverings and related products. February 17th the company increased its quarterly dividend $0.36/share. The dividend is payable on March 12, 2010, to shareholders of record on February 26, 2010. The ex-dividend date is February 24, 2010. Yield on the dividend is 2.2%. SHW is a Dividend Aristocrat and has raised its dividend for 32 consecutive years. The yield based on the new payout is 2.21%.

Ventas (VTR) is a real estate investment trust invests in health care facilities, including senior housing, specialty care facilities, hospitals, and medical office buildings. February 18th the company raised its quarterly dividend to $0.535/share. The yield based on the new payout is 4.76%.

Validus Holdings (VR) focuses its underwriting efforts on “short tail” risks, primarily in the property reinsurance market. February 18th the company increases its quarterly dividend 10% to $0.22/share. The dividend is payable on March 31, 2010 to shareholders and warrant holders of record on March 15, 2010. The ex-dividend date is March 11, 2010. The yield based on the new payout is 3.25%.

Tiffany & Co. (TIF) is a leading international retailer, designer, manufacturer, and distributor of fine jewelry and gift items. February 18th the company increased its quarterly dividend 18% to $0.20/share. The dividend will be paid on April 12, 2010 to stockholders of record on March 22, 2010. The ex-dividend date is March 18, 2010. The yield based on the new payout is 1.85%.

Coca-Cola (KO) is the world’s largest soft drink company with a sizable fruit juice business. February 18th the company increases its quarterly dividend 7% to $0.44/share. The dividend is payable April 1, 2010, to shareowners of record as of March 15, 2010. KO is a Dividend Aristocrat and has raised its dividend for 48 consecutive years. The yield based on the new payout is 3.15%. [Analysis]

T. Rowe Price (TROW) operates one of the largest no-load mutual fund complexes in the United States. February 18th the company increased its quarterly dividend by 8% to $0.27/share. The dividend is payable March 29, 2010 to stockholders of record as of the close of business on March 16, 2010. TROW is a Dividend Achiever and has raised its dividend for 23 consecutive years. The yield based on the new payout is 2.18%.

Your employer may not have given you a raise this year, but if you are invested in good dividend stocks, you will get a dividend increase from them. For a list of stocks with a long string of consecutive cash dividend increases, see this list.

Full Disclosure: Long GPC, KO. See a list of all my income holdings here.

(Photo Credit)

Coca-Cola: A Real Dividend Aristrocrat *

D4L — Fri, 20 Feb 2009 11:30:32 +0000

Coca-Cola (KO) is the real thing in more than one way. KO was the King of Pop, long before Michael Jackson was born and after raising its quarterly dividend 8% to $0.41 per common share KO can wear its aristocrat crown another year. The dividend is payable April 1, 2009, to shareowners of record as of March 15, 2009. After the announcement, shares of KO were yielding over 3.5%. This is the 47th consecutive year KO has raised its dividend. Linked here is my most recent analysis of KO.

Integrys Energy Group, Inc. (TEG), an electric and natural gas utility holding company, showed this week it has the power to light up dividend investors with its 51st annual dividend increase. On Tuesday, TEG increased its quarterly dividend $0.01 to $0.68 per share. The dividend is payable on March 20, 2009, to shareholders of record February 27, 2009. At the new rate TEG is yielding around 6.5%. Linked here is my most recent analysis of TEG.

With the decline in construction, it is no secret that companies like Sherwin-Williams (SHW) are challenged. That makes their recent $0.005 increase in their quarterly dividend all the more impressive. The dividend is payable on March 13, 2009 to shareholders of record on February 27, 2009. The dividend yield on SHW shares is over 3%. This is the 31st consecutive year SHW has raised its dividend. Linked here is my most recent analysis of SHW.

Other companies looking to join the elite ranks by increasing their dividends include:

FPL Group (FPL) Raises Qtr. Dividend by 6.2% to $0.4725/share (yield 3.80%)
Public Service Enterprise Group (PEG) Increases Qtr. Dividend by 3.1% (yield 4.52%)
XTO Energy (XTO) Bumps its Qtr. Dividend to $0.125/share (yield 1.55%)
Comcast (CMCSA) Boosts Qtr. Dividend 8% to $0.0675/share (yield 2.06%)
Rogers Communications (RCI) Raises Qtr Dividend to $0.29/share (yield 3.22%)
Albemarle (ALB) Increases Qtr. Dividend by 4.2% to $0.125/share (yielding 2.39%)
RenaissanceRe (RNR) Bumps Qtr. Dividend by $0.01 to $0.24/share (yielding 2.12%)
SCANA Corporation (SCG) Boosts Quarterly Dividend by 2% (yield 5.89%)

For more companies around the world with a long string of consecutive dividend increases, see Dividends Value’s Stock Ideas page.

Full Disclosure: Long KO, TEG

(Photo: Steve Woods)