10-year

10-Year Anniversary Promotion (20% off)

Join GuruFocus Premium Membership Now for Only $279/Year

Once a decade discount

Save up to $500 on Global Membership.

Don't Miss It !

Free 7-day Trial
All Articles and Columns »

8 Dividend Stocks Building Future Yield

Dividends4Life

Dividends4Life

53 followers
As a young investor I followed an aggressive growth strategy. Having narrowly missed the tech bubble bursting, I purchased my first dividend stock on Dec. 11, 2003. I had heard dividend investments were supposed to be safer, but knew very little else about the strategy. I was fortunate enough to accidentally buy enough good dividend stocks learn the “secret” of dividend investing. It is not necessarily starting with a high-yield investment, but ending up with a high-yield investment. This usually occurs by buying stocks with a moderate yield and a long history of growing dividends and letting time do its job.

This week several companies are building future yield by increasing the cash dividends paid to their shareholders:

Avago Technologies Limited (AVGO) engages in the design, development, and supply of analog semiconductor devices with a focus on III-V based products. Dec. 11, the company increased its quarterly dividend 8.7% to $0.25 per share. The dividend is payable Dec. 31, 2013, to stockholders of record on Dec. 20, 2013. The yield based on the new payout is 2.2%.

One Liberty Properties Inc. (OLP), a real estate investment trust (REIT), engages in the acquisition, ownership, and management of commercial real estate properties. Dec. 10, the company increased its quarterly dividend 5.7% to $0.37 per share. the dividend is payable Jan. 3, 2014, to stockholders of record on Dec. 27, 2013. The yield based on the new payout is 6.9%.

ABM Industries Incorporated (ABM) offers floor cleaning and finishing, window washing, furniture polishing, carpet cleaning and dusting, and other building cleaning services. Dec. 9, the company increased its quarterly dividend 3.3% to $0.155 per share. The dividend is payable Feb. 3, 2014, to stockholders of record on Jan. 2, 2014. The yield based on the new payout is 2.3%.

Comtech Telecommunications Corp. (CMTL) designs, develops, produces, and markets products, systems, and services for communications solutions. Dec. 9, the company increased its quarterly dividend 9.1% to $0.30 per share. The dividend is payable Feb. 19, 2014, to stockholders of record on Jan. 17, 2014. The yield based on the new payout is 3.6%.

Ventas Inc. (VTR) is a publicly owned real estate investment trust that engages in investment, management, financing, and leasing of properties in the healthcare industry. Dec. 9, the company increased its quarterly dividend 8.25 to $0.725 per share. The dividend is payable Dec. 31, 2013, to stockholders of record on Dec. 16, 2013. The yield based on the new payout is 5.0%.

Potlatch Corporation (PCH) operates as a real estate investment trust (REIT) that owns and manages timberlands located in Arkansas, Idaho, Minnesota and Wisconsin. Dec. 6, the company increased its quarterly dividend 13% to $0.35 per share. The dividend is payable Dec. 31, 2013 to stockholders of record on Dec. 17, 2013. The yield based on the new payout is 3.5%.

The Hanover Insurance Group Inc. (THG) underwrites commercial and personal property, and casualty insurance coverage in the U.S. Dec. 6, the company increased its quarterly dividend 12% to $0.37 per share. The dividend is payable Dec. 27, 2013, to shareholders of record at the close of business on Dec. 16, 2013. The yield based on the new payout is 2.4%.

CoreSite Realty Corporation (COR) engages in the ownership, acquisition, construction, and management of data centers. Dec. 5, the company increased its quarterly dividend 30% to $0.35 per share. The dividend is payable Jan. 15, 2014, to shareholders of record on December 31, 2013. The yield based on the new payout is 4.7%.

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.

Related Posts

- A Disciplined Approach To Dividend Stocks

- 6 High-Yield REITs With Growing Dividends

- International Diversification May Be Closer than You Think

- 10 Dividend Stocks With A 10% Yield In 10 Years

- Free Cash Flow Payout vs. Dividend Payout

About the author:

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

Rating: 5.0/5 (3 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