GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

At 25%, You Can Bank on this Dividend Increase

July 02, 2012 | About:
Dividends4Life

Dividends4Life

51 followers
BB&T Corporation (BBT) operates as a financial holding company for Branch Banking and Trust Company that provides various banking and trust services for retail and commercial clients. June 26th the company increased its quarterly dividend 25% to $0.20 per share. The dividend is payable Aug. 1, 2012, to shareholders of record as of July 6, 2012. The yield based on the new payout is 2.7%.

Below are some other companies increasing their cash dividends during the last week:

General Mills Inc. (GIS) manufactures and markets branded consumer foods worldwide. June 26, the company increased its quarterly dividend 8% to $0.33 per share. The dividend is payable Aug. 1, 2012, to shareholders of record July 10, 2012. The yield based on the new payout is 3.5%.

Duke Energy Corporation (DUK) operates as an energy company in the United States and Latin America. June 26th the company increased its quarterly dividend 2% to $0.255 per share. The dividend is payable on Sept. 17, 2012, to shareholders of record at the close of business Aug. 17, 2012. The yield based on the new payout is 4.4%.

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: No position in the aforementioned srocks. See a list of all my dividend growth holdings here.

Related Posts

- 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

About the author:

Dividends4Life
Visit Dividends4Life at:
http://www.dividend-growth-stocks.com/

Rating: 3.3/5 (12 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK