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17 Stocks for Lovers of Increasing Dividends

Dividends4Life

Dividends4Life

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Over time we tend to grow fond of people we have a relationship with. Sometimes we grow to love them like a brother or sister; sometimes even more. In much the same way we can easily grow to love certain stocks, but this is not necessarily a good thing. It is easy to be captivated with a top performer. Everyone loves a winner. To achieve our long-term investing goals we must remove emotion from the equation. It is a recipe for disaster when we make investing decisions based on a past relationship with a stock that is contrary to the current fact pattern.

That is not to say I am not fond of certain stocks. For example, I love stocks that consistently raise their dividends. Here are several that are trying win my affection with dividend increases:

United Parcel Service Inc. (NYSE:UPS), a package delivery company, provides transportation, logistics, and financial services in the United States and internationally. Feb. 13, the company increased its quarterly dividend 8.1% to $0.67 per share. The dividend is payable March 11, 2014 to stockholders of record on Feb. 24, 2014. The yield based on the new payout is 2.8%.

Occidental Petroleum Corporation (NYSE:OXY) engages in the exploration and production of oil and gas properties in the United States and internationally. Feb. 13, the company increased its quarterly dividend 12.5% to $0.72 per share. The dividend is payable April 15, 2014 to stockholders of record on March 10, 2014. The yield based on the new payout is 3.1%.

PepsiCo Inc. (NYSE:PEP) operates as a food and beverage company worldwide. February 13, the company increased its quarterly dividend 15% to $0.655 per share. The yield based on the new payout is 3.3%.

Weingarten Realty Investors (NYSE:WRI) is a publically owned equity real estate investment trust. February 13, the company increased its quarterly dividend 6.6% to $0.325 per share. The dividend is payable March 14, 2014 to stockholders of record on March 6, 2014. The yield based on the new payout is 4.3%.

Regal Entertainment Group (NYSE:RGC) operates as a motion picture exhibitor in the United States. February 13, the company increased its quarterly dividend 4.8% to $0.22 per share. The dividend is payable March 14, 2014 to stockholders of record on March 4, 2014. The yield based on the new payout is 4.5%.

TAL International Group Inc. (NYSE:TAL) engages in leasing intermodal containers and chassis worldwide. February 12, the company increased its quarterly dividend 2.9% to $0.72 per share. The dividend is payable March 24, 2014 to stockholders of record on March 3, 2014. The yield based on the new payout is 6.7%.

Regency (NYSE:REG) is a national owner, operator, and developer of high quality grocery-anchored and community shopping centers. February 12, the company increased its quarterly dividend 2.2% to $0.47 per share. The dividend is payable March 6, 2014, to stockholders of record on February 24, 2014. The yield based on the new payout is 3.8%.

Cisco Systems Inc. (NASDAQ:CSCO) designs, manufactures, and sells Internet protocol (IP) and other products related to the communications and information technology industry worldwide. February 12, the company increased its quarterly dividend 11.8% to $0.19 per share. The dividend is payable April 23, 2014 to stockholders of record on April 3, 2014. The yield based on the new payout is 3.3%.

First West Virginia Bancorp Inc. (FWV) operates as the holding company for Progressive Bank, National Association, which provides a range of consumer and commercial banking products and services to individuals, businesses, professionals, and governments. February 12, the company increased its quarterly dividend 5.3% to $0.20 per share. The dividend is payable May 17, 2014 to stockholders of record on March 3, 2014. The yield based on the new payout is 4.8%.

CSP Inc. (NASDAQ:CSPI) develops and markets information technology (IT) integration solutions and high-performance cluster computer systems to industrial, commercial, and defense customers in the Americas, Europe and Asia. February 12, the company increased its quarterly dividend 10% to $0.11 per share. The dividend is payable March 11, 2014 to stockholders of record on February 27, 2014. The yield based on the new payout is 5.6%.

Digital Realty Trust Inc. (NYSE:DLR), a real estate investment trust (REIT), that owns, acquires, repositions and manages technology-related real estate. February 12, the company increased its quarterly dividend 6.4% to $0.83 per share. The dividend is payable March 31, 2014 to stockholders of record on March 14, 2014. The yield based on the new payout is 6.3%.

Willis Group Holdings Public Limited Company (NYSE:WSH) provides a range of insurance brokerage, reinsurance and risk management consulting services worldwide. February 11, the company increased its quarterly dividend 7.1% to $0.30 per share. The dividend is payable April 15, 2014 to stockholders of record on March 31, 2014. The yield based on the new payout is 2.7%.

L-3 Communications Holdings Inc. (LLL) L-3 Communications Corporation, provides command, control, communications, intelligence, surveillance, and reconnaissance (C3ISR) systems; aircraft modernization and maintenance. February 11, the company increased its quarterly dividend 9.1% to $0.60 per share. the dividend is payable March 17, 2014, to stockholders of record on March 3, 2014. The yield based on the new payout is 2.1%.

Xilinx Inc. (XLNX) designs and develops programmable devices and associated technologies worldwide. February 11, the company increased its quarterly dividend 11.5% to $0.29 per share. The dividend is June 4, 2014 to stockholders of record on May 14, 2014. The yield based on the new payout is 2.4%.

Owens & Minor Inc. (OMI) provides distribution, third-party logistics, and other supply-chain management services to healthcare providers and suppliers of medical and surgical products. February 10, the company increased its quarterly dividend 4.2% to $0.25 per share. The dividend is payable March 31, 2014 to stockholders of record on March 17, 2014. The yield based on the new payout is 2.9%.

Hasbro Inc. (HAS) provides children’s and family leisure time products and services worldwide. February 10, the company increased its quarterly dividend 7.5% to $0.43 per share. The dividend is payable May 15, 2014 to stockholders of record on May 1, 2014. The yield based on the new payout is 3.3%.

Avista Corporation (AVA), an energy company, engages in the generation, transmission, and distribution of energy; and other energy-related businesses primarily in the United States and Canada. February 7, the company increased its quarterly dividend 4.1% to $0.3175 per share. The dividend is payable March 14, 2014 to stockholders of record on February 21, 2014. 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: Long OXY, PEP, CSCO, OMI in my Dividend Growth Portfolio and long AVA, DLR in my High-Yield Portfolio. See a list of all my dividend growth holdings here.

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Dividends4Life
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