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13 Dividend Stocks Delivering What's Important

Dividends4Life

Dividends4Life

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For many investors, there is no clear conviction as to how they should invest. Today’s investments are guided by what was read yesterday, and the popular media is constantly churning out new and different ideas. Granted it makes for some “interesting” reads, but it certainty is no way to run a portfolio. Time has proven the positive correlation between consistently raising dividends and stock performance.

Below are some companies that understand the importance of growing their cash dividends:

United-Guardian Inc. (UG) researches, develops, manufactures, and markets cosmetic ingredients, personal care products, pharmaceuticals, medical and health care products, and specialty industrial products. May 16th the company increased its semi-annual dividend 12% to $0.47 per share. The yield based on the new payout is 3.8%.

ACE Limited (ACE) provides a range of insurance and reinsurance products to insured’s worldwide. May 16, the company increased its quarterly dividend 4% to $0.51 per share. The dividend is payable Aug. 13, 2013 to shareholders of record July 23, 2013. The yield based on the new payout is 2.2%.

KeyCorp (KEY) operates as the holding company for KeyBank National Association that provides various banking services in the U.S. May 16, the company increased its quarterly dividend 10% to $0.055 per share. The dividend is payable June 14, 2013 to holders of record of common shares as of the close of business on May 28, 2013. The yield based on the new payout is 2.1%.

Republic Bancorp Inc. (RBCAA) provides banking services to individuals and businesses in the U.S. May 15, the company increased its quarterly dividend 7% to $0.176 per share of Class A Common Stock. The dividend is payable July 19, 2013 to shareholders of record as of June 21, 2013. The yield based on the new payout is 3.2%.

Macy's Inc. (M) operates stores and Internet Websites in the United States. It operates Macy's and Bloomingdale's stores and Websites that sell a range of merchandise. May 15th the company increased its quarterly dividend 25% to $0.25 per share. The dividend is payable July 1, 2013, to shareholders of record at the close of business on June 14, 2013. The yield based on the new payout is 2.1%.

Northrop Grumman Corporation (NOC) provides systems, products, and solutions in aerospace, electronics, information systems, and technical service areas to government and commercial customers worldwide. May 15, the company increased its quarterly dividend 11% to $0.61 per share. The dividend is payable June 12, 2013, to shareholders of record as of the close of business May 28, 2013. The yield based on the new payout is 3.1%.

United Fire Group, Inc. (UFCS) engages in writing property, casualty, and life insurance products; and selling fixed annuities in the U.S. May 15, the company increased its quarterly dividend 20% to $0.18 per share. The dividend is payable June 14, 2013, for shareholders of record as of May 31, 2013. The yield based on the new payout is 2.4%.

Packaging Corporation of America (PKG) engages in the manufacture and sale of containerboard and corrugated packaging products for industrial and consumer markets in the U.S. May 15, the company increased its quarterly dividend 28% to $0.40 per share. The dividend is payable July 15, 2013 to shareholders of record as of June 14, 2013. The yield based on the new payout is 3.2%.

Safeway Inc. (SWY) operates as a food and drug retailer in North America. May 14, the company increased its quarterly dividend 14% to $0.20 per share. The dividend is payable July 11, 2013 to stockholders of record at the close of business on June 20, 2013. The yield based on the new payout is 3.1%.

NiSource Inc. (NI) through its subsidiaries, provides natural gas, electricity, and other products and services. May 14th the company increased its quarterly dividend 4.2% to $0.25 per share. The dividend is payable Aug. 20, 2013, to stockholders of record at the close of business July 31, 2013. The yield based on the new payout is 3.3%.

The Clorox Company (CLX) manufactures and markets consumer and professional products worldwide. May 13th the company increased its quarterly dividend 11% to $0.71 per share. The dividend is payable on Aug. 9, 2013, to stockholders of record as of July 24, 2013. The yield based on the new payout is 3.4%.

Protective Life Corporation (PL) provides financial services primarily in the U.S. May 13, the company increased its quarterly dividend 11% to $0.20 per share. The dividend is payable June 10, 2013 to share owners of record at the close of business on May 24, 2013. The yield based on the new payout is 2.0%.

Questar Corporation (STR) operates as an integrated natural gas company in the U.S. May 10, the company increased its quarterly dividend 6% to $0.18 per share. The dividend is payable June 10, 2013, to shareholders of record on May 24, 2013. Questar has increased the dividend for the last 41 consecutive years. The yield based on the new payout is 2.9%.

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 securities. See a list of all my dividend growth holdings here.

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Dividends4Life
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