Dividends Value » TXN

12 Stocks Raising Their Dividends *

D4L — Fri, 17 Sep 2010 07:30:46 +0000

When it comes to selecting dividend stocks, one of the most important items to look for is consistency in raising dividends. Sure it is easy to increase dividends when the economy is booming and business is good, but to be consistent a company has to persevere and continue to increase dividends even during the tough times.

Below are several companies that have recently increased their cash dividends to shareholders:

Philip Morris Int’l (PM), comprising the international operations spun off by Altria in early 2008, is the largest publicly traded manufacturer and marketer of tobacco products. September 10th the company increased its quarterly dividend 10.3% to $0.64/share. The dividend is payable on Oct. 8 to shareholders of record on Sept. 24. The ex-dividend date is Sept. 22. The yield based on the new payout is 4.67%.

Colony Financial (CLNY) is a real estate finance company that was organized to acquire, originate and manage a diversified portfolio of real estate-related debt instruments. September 13th the company raised its quarterly dividend 19% to $0.25/share. The dividend will be paid on October 14, 2010, to stockholders of record on September 30, 2010. The ex-dividend date is September 28, 2010. The yield based on the new payout is 5.43%.

LaSalle Hotel Properties (LHO) is a hotel real estate investment that acquires and develops hotel properties, particularly upscale and luxury full-service hotels in major urban markets. September 14th the company increased its quarterly dividend to $0.11/share. The dividend is payable on October 15, 2010 to common shareholders of record on September 30, 2010. The ex-dividend date is September 28, 2010. The yield based on the new payout is 1.91%.

PACCAR (PCAR) is a heavy-duty truck manufacturer produces the well-known Peterbilt and Kenworth brand heavy-duty highway trucks. September 14th the company raised its quarterly dividend 33% to $0.12/share. The dividend is payable December 6, 2010, to stockholders of record at the close of business on November 19, 2010. The ex-dividend date is November 15, 2010. The yield based on the new payout is 1.06%.

Yum! Brands (YUM) operates, franchises, has interests in or licenses the largest number of fast food restaurants in the world, with more than 37,000 units in over 110 countries, including the KFC, Pizza Hut and Taco Bell chains. September 14th the company increased its quarterly dividend 19% to $0.25/share. The dividend is payable on Nov. 5 to shareholders of record on Oct. 15. The ex-dividend date is Oct. 13. The yield based on the new payout is 2.17%.

UDR (UDR) is a real estate investment trust, which specializes in apartment properties, owns about 46,000 apartment homes throughout the U.S. September 15th the company raised its quarterly dividend 2.8% to $0.185/share. The dividend is payable on November 1, 2010 to UDR common stock shareholders of record as of October 15, 2010. The ex-dividend date is October 13, 2010. The yield based on the new payout is 3.47%.

Marsh & McLennan (MMC) is a global professional services concern provides risk and insurance services, investment management and consulting services through its operating companies. September 15th the company increased its quarterly dividend to $0.21/share. The dividend is payable on Nov. 15 to shareholders of record on Oct. 8. The ex-dividend date is Oct. 6. The yield based on the new payout is 3.49%.

BioMed Realty Trust (BMR) is a real estate investment that acquires, develops and manages laboratory and office space for the life science industry. September 15th the company raised its quarterly dividend 13.3% to $0.17/share. The dividend is payable on October 15, 2010 to stockholders of record at the close of business on September 30, 2010. The ex-dividend date is September 28, 2010. The yield based on the new payout is 3.64%.

Kroger (KR) is a supermarket operator with about 2,500 stores in 31 states and it also operates convenience stores, jewelry stores, supermarket fuel centers, and food processing plants. September 16th the company increased its quarterly dividend 10.5% to $0.105/share. The dividend is payable on December 1, 2010 to shareholders of record as of the close of business on November 15, 2010. The ex-dividend date is November 11, 2010. The yield based on the new payout is 1.93%.

International Bancshares Corp. (IBOC) provides commercial and retail banking services in Texas and Oklahoma; it also facilitates international trade primarily along the U.S. border with Mexico. September 16th the company raised its quarterly dividend 11.8% to $0.19/share. The dividend is payable on October 18, 2010, to shareholders at the close on September 30, 2010. The ex-dividend date is September 28, 2010. The yield based on the new payout is 4.40%.

Corporate Office Properties (OFC) owns, manages, leases, acquires and develops suburban office properties located in Mid-Atlantic region of the U.S. and other select markets. September 16th the company increased its quarterly dividend by 5.1% to $0.4125/share. The dividend is payable on October 15 to shareholders of record on Sept. 30. The ex-dividend date is Sept. 28. OFC is a Dividend Achiever and has raised its dividend for 13 consecutive years. The yield based on the new payout is 4.38%.

Texas Instruments (TXN) is one of the world’s largest manufacturers of semiconductors, this company also produces handheld graphing and scientific calculator products. September 16th the company raised its quarterly dividend 8% to $0.13/share. The dividend is payable on November 22 to shareholders of record on November 1. The ex-dividend date, then, will be on October 28. The yield based on the new payout is 2.08%.

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 securities. See a list of all my income holdings here.

(Photo Credit)

9 Stocks Increasing Their Dividends *

D4L — Fri, 18 Sep 2009 10:30:44 +0000

It is good once again to see companies raising their dividends after last week pause and Kraft’s (KFT) announcement it was freezing its dividend at $0.29/share for the 5th straight quarter. Dividend increases are the fuel that keeps our dividend income machines running. Without dividend increases, many dividend stocks would not fare well when compared to other income-based investments.

Below are several companies rewarding their shareholders with higher cash dividends:

Brady Corp. (BRC) is an international manufacturer and marketer of solutions that identify and protect premises, products and people. Products include labels and signs, safety devices, printing systems and software, and precision die-cut materials. Recently, the company increased its quarterly dividend 2.9% to $0.17/share. The dividend will be paid on October 30, 2009, to shareholders of record at the close of business on October 9, 2009. BRC is a Dividend Achiever and has increased its dividend for 24 consecutive years. The current yield based on the new dividend is 2.33%.

Village Super Market (VLGEA) operates a chain of 23 ShopRite supermarkets in New Jersey and Pennsylvania. This past week, the company raised its dividend 7% to $0.23/share. The dividend is payable on October 22, 2009 to shareholders of record at the close of business on October 1, 2009. The ex-dividend date is September 29th. The current yield based on the new dividend is 3.14%.

Agree Realty (ADC) is a real estate investment trust that engages in the development, acquisition, and management of retail properties leased to national and regional retail companies in the U.S. Monday, the company bumped its quarterly dividend 2% to $0.51/share. The dividend is payable October 15, 2009 to shareholders of record at the close of business on September 30, 2009. The current yield based on the new dividend is 8.59%.

Philip Morris Int’l (PM) increased its quarterly dividend 7% to $0.58/share. The current yield based on the new dividend is 4.88%.

Kroger (KR) a supermarket operator, with about 2,500 stores in 31 states, also operates convenience stores, jewelry stores, supermarket fuel centers, and food processing plants. Thursday, the company raised its quarterly dividend 5.5% to $0.095/share. The dividend will be paid on December 1, 2009 to shareholders of record as of the close of business on November 16, 2009. The current yield based on the new dividend is 1.83%.

W. P. Carey (WPC) owns and manages a diversified portfolio of net leased corporate real estate. Yesterday, the company raised its quarterly dividend to $0.50/share. This is the company’s 34th consecutive distribution increase. The current yield based on the new dividend is 7.01%.

Corporate Office Properties (OFC) owns, manages, leases, acquires and develops suburban office properties located in Mid-Atlantic region of the U.S. and other select markets. Thursday the company bumped its quarterly dividend 5.4% to $0.3925/share. The dividend will be paid on October 15, 2009 to shareholders of record on September 30, 2009. OFC is a Dividend Achiever and has increased its dividend for 12 consecutive years. The current yield based on the new dividend is 4.10%.

Texas Instruments (TXN) is one of the world’s largest manufacturers of semiconductors, and also produces hand-held graphing and scientific calculator products. The company yesterday increased its quarterly dividend 9% $0.12/share. The dividend will be payable November 16, 2009, to stockholders of record on October 30, 2009. The current yield based on the new dividend is 2.03%.

NYMAGIC, INC. (NYM) specializes in ocean marine, inland marine and non-marine liability insurance. Thursday, the company increased its dividend to $0.06/share. The dividend is payable on October 6, 2009 to shareholders of record on September 30, 2009. The current yield based on the new dividend is 1.44%.

This year many companies have increased their dividends and there will be more to do so before the year end. For stocks 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 Credit)

Microsoft (MSFT) Raises Qtr. Dividend 18% (2.00% yield) and Others *

D4L — Thu, 25 Sep 2008 10:30:00 +0000

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 to be buying. Owning companies that systematically raise their dividends each and every year makes it much easier to hold them through the tough times.

Below are several select companies that recently made their shareholders smile by raising their cash dividends:

ProLogis (PLD) Raises Qtr. Dividend 10% to $0.57/Share (5.27% yield)
Methode Electronics (MEI) Boosts Qtr. Dividend 40% to $0.07/Share (2.98% yield)
Texas Instruments (TXN) Bumps Dividend 10% to $0.11/Share (1.94% yield)
Microsoft (MSFT) Raises Qtr. Dividend 18% to $0.13/Share (2.00% yield)
Atlantic Tele-Network (ATNI) Boosts Qtr. Dividend 12.5% to $0.18/Share (1.22% yield)

After running these companies through my D4L-PreScreen.xls model, PLD with a NPV of MMA Differential of $5,957 showed me enough that it is worthy of a full evaluation. MSFT is one to keep an eye on. It paid its first dividend in 2003 and has double-digit growth rate since then. None of the others achieved the necessary NPV of MMA Differential to justify a full evaluation.

Disclosure: No position in any of the aforementioned stocks.

(Photo: Steve Woods)