|New Threads Only:|
|New Threads & Replies:|
Forum List » Income Investors' Forum|
Ideas for Income Investors. High Dividend Stocks, Mutual Funds etc.
5 Dividend Stocks Turbo-Charging Returns with Increased Dividends
Posted by: Dividends4Life (IP Logged)
Date: September 30, 2013 02:51PM
It is a well-documented fact that a significant portion of the historical equity returns are a result of reinvested dividends. In "Triumph of the Optimists: 101 Years of Global Investment Returns (2002)," the authors looked at equity returns from capital gains and dividends from 1900 to 2000. They determined that performance in any given year was driven by capital appreciation, but long-term returns were largely the result of reinvested dividends.
Here are several companies looking to increase their long-term returns by raising their cash dividends:
Accenture PLC (ACN) provides management consulting, technology, and business process outsourcing services worldwide. Sept. 26, the company increased its semi-annual dividend dividend 15% to $0.93 per share. The dividend is payable on Nov. 15, 2013, to shareholders of record at the close of business on Oct. 8, 2013. The yield based on the new payout is 2.5%.
Lockheed Martin Corporation (LMT), a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of advanced technology systems. Sept. 26, the company increased its quarterly dividend 15.7% to $1.33 per share. The dividend is payable Dec. 27, 2013 to holders of record as of the close of business on Dec. 2, 2013. The yield based on the new payout is 4.2%.
Campbell Soup Company (CPB) engages in the manufacture and marketing of branded convenience food products worldwide. Sept. 25, the company increased its quarterly dividend 7.6% to $0.312 per share. The dividend is payable Oct. 28, 2013 to shareholders of record at the close of business Oct. 8, 2013. The yield based on the new payout is 3.0%.
Washington Federal Inc. (WAFD) operates as the holding company for Washington Federal that provides various financial services in the U.S. Sept. 23, the company increased its quarterly dividend 11.1% to $0.10 per share. The dividend is payable Oct. 18, 2013 to common stockholders of record on Oct. 4, 2013. The yield based on the new payout is 2.0%.
Agrium Inc. (AGU) engages in the retail of agricultural products and services. The company operates through three segments: Retail, Wholesale and Advanced Technologies. Sept. 23, the company increased its quarterly dividend 50% to $0.75 per share. The dividend is payable Oct. 17, 2013 to shareholders of record on Sept. 30, 2013. The yield based on the new payout is 3.4%.
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 LMT in my Dividend Growth Stock portfolio. See a list of all my dividend growth holdings here.
- 5 Dividend Stocks To Buy And Hold, Not Buy And Forget
- Asset Allocation For Income Investors
- 8 Stocks With Strong Dividend Growth Metrics
- 10 Dividend Stocks Balancing Yield And Growth
- Defense Stocks May Not Be Defensive Stocks
Stocks Discussed: ACN, LMT, CPB, WAFD, AGU,
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.