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Dividend Stocks Showing You the Money (Part II): Unum Group, Landstar System, Duncan Energy Partners, Healthcare Services Group, Anworth Mortgage Asset Corporation

July 20, 2009 | About:
There are many companies that raised their dividend in the past week, this is a continuation from this post.

Unum Group (UNM), which provides group and individual disability insurance products, announced a 10% boost to its quarterly dividend to 8.25 cents per share. This is the first dividend increase for Unum Group since the company slashed its payment in 2003. The stock currently yields 1.80%.

Landstar System (LSTR), which is a non-asset based transportation and logistics services company, providing transportation capacity and related transportation services to shippers, raised its quarterly dividend by 13% to 4.50 cents per share. Landstar System has regularly increased its quarterly dividend in each of the past four years. The stock only yields 0.50%.

Duncan Energy Partners L.P. (DEP), a master limited partnership which engages in gathering, transporting, marketing, and storing natural gas, as well as in transporting and storing natural gas liquids (NGLs) and petrochemicals, increased its quarterly distributions by 3.60% to 43.50 cents per unit. While Duncan Energy Partners L.P. has only been publicly traded since 2007, the partnership has managed to hike distributions at least once per year over the same period. The partnership units currently yield 9.60%.

Healthcare Services Group, Inc. (HCSG), which provides housekeeping, laundry, linen, facility maintenance, and food services to nursing homes, retirement complexes, rehabilitation centers, and hospitals, boosted its quarterly dividend by 6% to 19 cents per share. This was the 24th consecutive quarterly dividend increase for Healthcare Services Group, Inc. The stock currently yields 4.00%.

Anworth Mortgage Asset Corporation (ANH), a mortgage real estate investment trust which invests primarily in securities guaranteed by the U.S. Government, increased its quarterly dividend to 32 cents per share. Anworth generates income for distribution toshareholders primarily based on the difference between the yield on its mortgage assets and the cost of its borrowings. Although the stock currently yields 17.00%, its quarterly distributions have fluctuated between a high of 79 cents/share in 2001 to a low of 2 cents/share in 2005.

Full Disclosure: None

Dividend Growth Investor
www.dividendgrowthinvestor.com

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