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Twelve Income Stocks Rewarding Patient Dividend Investors

Dividend Growth Investor

Dividend Growth Investor

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Success and riches do not happen overnight. It takes plenty of effort, trial and time before reaching your true potential in any field. Successful dividend investing is no different. It is all about finding the right strategy, buying the right stocks at the right entry price, diversifying and reinvesting dividends selectively. Most importantly however, in order to have the power of reinvested dividends work for you, one has to have the patience to stick tp their strategy through thick and thin, without abandoning it during bear markets, for example. This healthy dose of patience would allow investors to see their capital compound over time.

Several dividend growth stocks raised distributions last week. The list includes:

PepsiCo Inc. (PEP) manufactures, markets, and sells various foods, snacks, and carbonated and non-carbonated beverages worldwide. The company operates in four divisions: PepsiCo Americas Foods , PepsiCo Americas Beverages, PepsiCo Europe, and PepsiCo Asia, Middle East and Africa. The company raised its quarterly distribution by 7.30% to 51.50 cents per share. This marked the sixth consecutive annual dividend increase for this dividend aristocrat. Yield: 3% (analysis)

Union Pacific Corporation (UNP), through its subsidiary, Union Pacific Railroad Company, provides rail transportation services in North America. The company raised its quarterly distribution by 25% to 47.50 cents per share. This marked the sixth consecutive annual dividend increase for this stock. Yield: 1.90%

Exterran Partners L.P. (EXLP) provides natural gas compression services in the United States and internationally. This master limited partnership raised quarterly distributions to 47.75 cents per unit. The company has raised distributions for 5 years in a row. Yield: 6.70%

Span-America Medical Systems Inc. (SPAN) engages in the manufacture and distribution of various therapeutic support surfaces and related products utilizing polyurethane and other foam products for the medical, consumer and industrial markets in the United States and Canada. The company raised its quarterly distribution by 10% to 11 cents per share. This marked the fourteenth consecutive annual dividend increase for this dividend achiever. Yield: 2.90 %

RLI Corp. (RLI), through its subsidiaries, underwrites property and casualty insurance primarily in the United States. The company operates in three segments: casualty, property and surety. The company raised its quarterly distribution by 3.40% to 30 cents per share. This marked the sixth consecutive annual dividend increase for this stock. Yield: 2%

Expeditors International of Washington Inc. (EXPD) provides logistics services in the United States and internationally. The company raised its quarterly distribution by 25% to 25 cents per share. This marked the 17th consecutive annual dividend increase for this dividend achiever. Yield: 0.90%

Cardinal Health Inc. (CAH) operates as a healthcare solutions company that provides health care products and services. The company operates in two segments, Pharmaceutical and Medical. The company raised its quarterly distribution by 10.30% to 21.5 cents/share. This marked the 22nd consecutive annual dividend increase this dividend achiever. Yield: 1.90%

CSX Corporation (CSX), together with its subsidiaries, provides rail-based transportation services in North America. The company raised its quarterly distribution by 38.50% to 36 cents/share. This marked the seventh consecutive annual dividend increase for this stock. Yield: 1.90%

TECO Energy Inc. (TE), through its subsidiaries, engages in the generation, purchase, transmission, distribution, and sale of electric energy in Florida. The company raised its quarterly distribution by 4.90% to 21.50 cents per share. This marked the sixth consecutive annual dividend increase for this stock. Yield: 4.50%

Regal Beloit Corporation (RBC), together with its subsidiaries, manufactures and sells electrical and mechanical products to original equipment manufacturers, distributors and end users. The company raised its quarterly distribution by 5.90% to 18 cents per share. This marked the seventh consecutive annual dividend increase for this stock. Yield: 1 %

Torchmark Corporation (TMK), through its subsidiaries, provides individual life and supplemental health insurance products, and annuities to middle income households. The company raised its quarterly distribution by 3.10% to 16.50 cents per share. This marked the sixth consecutive annual dividend increase for this stock. Yield: 1 %

VSE Corporation (VSEC), together with its subsidiaries, provide logistics, engineering, legacy equipment sustainment, information technology (IT), construction management and consulting services in the United States. The company raised its quarterly distribution by 16.70% to 7 cents per share. This marked the eight consecutive annual dividend increase for this stock. Yield: 1 %

Full Disclosure: Long PEP

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Dividend Growth Investor
GuruFocus - Stock Picks and Market Insight of Gurus

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