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This Company Has Paid a Dividend for 118 Years and Increased It the Last 50 Years

Dividends4Life

Dividends4Life

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In 1806, William, a soap and candle maker, opened up a starch, soap and candle factory on Dutch Street in New York City. William in 1833 suffered a severe heart attack stopping his business from selling. But after a couple of years of recovery he continued with his business. In the 1840s, the firm began selling individual cakes of soap in uniform weights.

William died in 1857 and the company was reorganized under the management of his son Samuel. At the time, Samuel did not want to continue the business but thought it would be the right thing to do.

In 1872, the company introduced Cashmere Bouquet, a perfumed soap. In 1873, the firm introduced its first toothpaste, an aromatic toothpaste sold in jars. The company sold the first toothpaste in a tube in 1896. By 1908 they initiated mass selling of toothpaste in tubes.

Today, the company has sales of over $17 billion and operates numerous subsidiary organizations in over 200 countries and is publicly listed in the U.S. and India. You know the company as...

The Colgate-Palmolive Company (CL)

March 7, the company approved a two-for-one split and increased its quarterly dividend 10% to $0.68 per share on a pre-split basis. The dividend is payable May 15, 2013 to shareholders of record as of April 23, 2013. The yield based on the new payout is 2.4%.

Below are several other dividend stocks that recently increased their cash dividends:

Horace Mann Educators Corporation (HMN) operates as a multiline insurance company in the U.S. March 6, the company increased its quarterly dividend 22% to $0.195 per share. The dividend is payable March 29, 2013 to shareholders of record as of March 18, 2013. The yield based on the new payout is 3.8%.

General Dynamics Corporation (GD), an aerospace and defense company, provides business aviation; combat vehicles, weapons systems, and munitions; military and commercial shipbuilding; and communications and information technology products and services. March 6, the company increased its quarterly dividend 9.8% to $0.56 per share. The dividend is payable May 10, 2013, to shareholders of record on April 12. The yield based on the new payout is 3.3%.

Main Street Capital Corporation (MAIN) is a business development company specializing in equity, equity related, and debt investments in small and lower middle market companies. March 6, the company increased its monthly dividend 3% to 0.155 per share. The dividend is payable in April, May and June 2013. The yield based on the new payout is 5.6%.

Staples Inc. (SPLS) operates as an office products company. March 6th the company increased its quarterly dividend 9$ to $0.12 per share. The dividend is payable on April 18, 2013, to shareholders of record on March 29, 2013. The yield based on the new payout is 3.9%.

Applied Materials Inc. (AMAT) provides manufacturing equipment, services, and software to the semiconductor, flat panel display, solar photovoltaic, and related industries worldwide. March 5, the company increased its quarterly dividend 11% to $0.10 per share. The dividend is payable on June 13, 2013 to stockholders of record as of May 23, 2013. The yield based on the new payout is 2.9%.

Xilinx Inc. (XLNX) designs, develops, and markets programmable platforms worldwide. March 5, the company increased its quarterly dividend 13.6% to $0.25 per share. The dividend is payable June 5, 2013 to stockholders of record at the close of business on May 15, 2013. The yield based on the new payout is 2.7%.

P.H. Glatfelter Company (GLT) manufactures and sells specialty papers and fiber-based engineered materials in the U.S. and internationally. March 5, the company increased its quarterly dividend 11% to $0.10 per share. The dividend is payable May 1, 2013 to shareholders of record as of the close of business on April 4, 2013. The yield based on the new payout is 2.2%.

Michael Baker Corporation (BKR) provides engineering services for public and private sector clients worldwide. March 5, the company increased its quarterly dividend 14.3$ to $0.16 per share. The dividend is payable April 3 to shareholders of record on March 18. The yield based on the new payout is 2.7%.

STAG Industrial Inc. (STAG) is a real estate investment trust. The firm invests in the real estate markets of U.S. March 1, the company increased its quarterly dividend 11.% to $0.30 per share. The is payable April 15, 2013 to all stockholders of record on March 28, 2013. The yield based on the new payout is 5.6%.

Myers Industries Inc. (MYE) manufactures and distributes polymer products for the industrial, agricultural, automotive, commercial, and consumer markets primarily in the North, Central, and South America. March 1, the company increased its quarterly dividend $0.09 per share. The dividend is payable April 1, 2013, to shareholders of record as of the close of business on March 11, 2013. The yield based on the new payout is 2.4%.

EXCO Resources Inc. (XCO), an independent oil and natural gas company, engages in the exploration, exploitation, development, and production of onshore U.S. oil and natural gas properties with a focus on shale resource plays. March 1, the company increased its quarterly dividend 25% to $0.05 per share. The dividend is payable March 29, 2013 to holders of record on March 15, 2013. The yield based on the new payout is 3.0%.

MOCON Inc. (MOCO) develops, manufactures, and markets measurement, analytical, monitoring and consulting products and services worldwide. March 4, the company increased its quarterly dividend 5% to $0.11 per share. The dividend is payable May 17, 2013 to shareholders of record on May 3, 2013. The yield based on the new payout is 3.0%.

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 GD in my Dividend Growth portfolio, and Long MAIN in my High Yield Portfolio. See a list of all my dividend growth holdings here.

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

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