Forget about those 'Make 534% On Every Trade' ads that you see on many financial websites. Real wealth is built with sweat equity and a sound financial plan. A long-term buy-and-hold investing approach focusing on quality dividend growth stocks has provided the means for many investors to enjoy a comfortable retirement. If you start early enough, you will go beyond a comfortable retirement into the realm of building long-term wealth.
Below are several companies building long-term wealth for their shareholders with increased dividends:
E. I. du Pont de Nemours and Company (NYSE:DD) operates as a science and technology based company worldwide. July 22nd the company increased its quarterly dividend 4.4% to $0.47 per share. The dividend is payable September 12, 2014 to stockholders of record on August 15, 2014. The yield based on the new payout is 2.9%.
Norfolk Southern Corporation (NYSE:NSC) is engaged in the rail transportation of raw materials, intermediate products, and finished goods. July 22nd the company increased its quarterly dividend 5.5% to $0.57 per share. The dividend is payable September 10, 2014 to stockholders of record on August 1, 2014. The yield based on the new payout is 2.1%.
Williams Partners L.P. (NYSE:WPZ), an energy infrastructure company, focuses on connecting North America's hydrocarbon resource plays to growing markets for natural gas and natural gas liquids. July 21st the company increased its quarterly dividend 1.3% to $0.9165 per share. The dividend is payable August 8, 2014 to stockholders of record on August 1, 2014. The yield based on the new payout is 6.8%.
HealthSouth Corporation (NYSE:HLS) owns and operates inpatient rehabilitation hospitals in the United States. July 17th the company increased its quarterly dividend 17% to $0.21 per share. The dividend is payable October 15, 2014 to stockholders of record on October 1, 2014. The yield based on the new payout is 2.3%.
The Blackstone Group L.P. (NYSE:BX) is a publicly owned investment manager that also provides financial advisory services to public and corporate pension funds, academic, cultural, and charitable organizations. July 17th the company increased its quarterly dividend 57% to $0.55 per share. The dividend is payable August 4, 2014 to stockholders of record on July 28, 2014. The yield based on the new payout is 6.2%.
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.
- The 2013 Elite Dividend Stocks List
- 6 High-Yield Dividend Achievers With 25 Years of Increases
- Investments That Pay Monthly Dividends
- 12 Higher Yielding Stocks With A Low Dividend Payout Ratio
- Early Warning Signs of a Dividend Cut
About the author: