|New Threads Only:|
|New Threads & Replies:|
Forum List » Income Investors' Forum|
Ideas for Income Investors. High Dividend Stocks, Mutual Funds etc.
For Over 50 Years This Little Insurance Company Has Paid Big Dividends
Posted by: Dividends4Life (IP Logged)
Date: August 27, 2012 03:43PM
Insurance helps you manage risk and provides you, and your loved ones, peace of mind. It is great when an insurance company can offer the same benefits to its shareholders. One insurance company in Ohio has provided its shareholders with a growing dividend for 52 years, and it just raised its dividend again.
August 17th Cincinnati Financial Corporation (CINF) increased its quarterly dividend 1.2% to $0.4075 per share. The dividend is payable October 15, 2012, to shareholders of record as of September 19, 2012. The yield based on the new payout is 4.1%.
Below are several other companies increasing their cash dividends during the last week:
Brinker International Inc. (EAT) owns, develops, operates, and franchises various restaurant brands primarily in the United States. August 23rd the company increased its quarterly dividend 25% to $0.20 per share. The dividend is payable Sept. 27, 2012 to shareholders of record as of Sept. 10, 2012. The yield based on the new payout is 2.4%.
WesBanco Inc. (WSBC) operates as a holding company for WesBanco Bank, Inc. that provides retail banking, corporate banking, personal and corporate trust services, and mortgage banking and insurance services. August 23rd the company increased its quarterly dividend 5.9% to $0.17 per share. The dividend is payable on October 1, 2012 to shareholders of record on September 7, 2012. The yield based on the new payout is 3.4%.
C&F Financial Corporation (CFFI) operates as the holding company for Citizens and Farmers Bank that provides various banking and related financial services to individuals and businesses. August 23rd the company increased its quarterly dividend 4% to $0.27 per share. The dividend is payable October 1, 2012 to shareholders of record on September 15, 2012. The yield based on the new payout is 2.7%.
Chemical Financial Corporation (CHFC) operates as the financial holding company of Chemical Bank that offers banking and fiduciary products and services to residents and business customers in Michigan. August 21st the company increased its quarterly dividend 5% to $0.21 per share. The dividend is payable on September 21, 2012, to shareholders of record on September 7, 2012. The ex-dividend date is September 5, 2012. The yield based on the new payout is 3.7%.
MTS Systems Corporation (MTSC) supplies test systems and industrial position sensors in the Americas, Europe, and Asia. August 21st the company increased its quarterly dividend 20% to $0.30 per share. The dividend is payable October 1, 2012, to shareholders of record as of the close of business on September 10, 2012. The yield based on the new payout is 2.4%.
Parkway Properties Inc. (PKY), a real estate investment trust (REIT), engages in the operation, acquisition, ownership, management, and leasing of office properties. August 17th the company increased its quarterly dividend 50% to $0.1125 per share. The dividend is payable September 26, 2012 to shareholders of record for Common Stock on September 12, 2012. The yield based on the new payout is 3.9%.
Realty Income Corporation (O) engages in the acquisition and ownership of commercial retail real estate properties in the United States. August 16th the company increased its monthly dividend 3.4% to $0.151125 per share. The yield based on the new payout is 4.3%.
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: Long CINF, O. See a list of all my dividend growth holdings here.
- A Roadmap To Build Wealth With Dividend Stocks
- The Good, The Bad and The Ugly of Dividend Stocks
- 12 Blue Chip Dividend Stocks For When the Chips Are Down
- Spanning the World For The Best Dividend Stocks
- My Five Top And Bottom Performing Dividend Stocks
Stocks Discussed: CINF, EAT, WSBC, CFFI, CHFC, MTSC, PKY, O,
Disclaimers: GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.