These are the reports from The Dynamic Dividend on Dow Chemical (DOW, Financial), Enterprise Products Partners L.P. (EPD, Financial) and Omega Healthcare Investors, Inc. (OHI, Financial).
Dow Chemical Raises Dividend by 67%
The Dow Chemical Company (DOW) declared a quarterly dividend of $0.25 per share after today’s closing bell, a 67% improvement over the $0.15 the company paid each of the previous nine quarters. This is the first time Dow has given shareholders a raise since slashing its payout by 64% two years ago.
Shares of DOW closed at $36.93 today, where they now feature a 2.71% dividend yield.
Decades of consistent dividend growth came crashing to halt when Dow cut its quarterly payout from $0.42 all the way down to $0.15 per share in February 2009. It’s good to see the company’s dividend regain some momentum.
Enterprise Raises Distribution For 27th Straight Quarter
Enterprise Products Partners L.P. (EPD) declared a quarterly cash distribution of $0.5975 per unit today, a 1.3% increase over its previous payout and a 5.3% improvement over the distribution paid during the same period last year.
This is the 27th consecutive quarter Enterprise has raised its distribution, and its 36th increase overall. The partnership has now boosted its distribution by a total of 166% since going public in 1998.
EPD closed today’s session trading at $42.54, where it now yields 5.62%.
Enterprise has now raised its distribution by exactly $0.0075 per unit for 13 straight quarters.
Omega Healthcare Ups Dividend Yet Again
Omega Healthcare Investors, Inc. (OHI) declared a quarterly dividend of $0.38 per share today, a 2.7% increase over its previous payout and an 18.7% improvement over its dividend from the same period last year. This marks the fourth time the long-term care REIT has boosted its dividend in the last six quarters.
Shares of OHI closed at $23.75 (+1.98%) on Thursday, where they now feature a 6.40% dividend yield.
Omega has now raised its quarterly dividend by a total of 27% since the beginning of 2010. That impressive dividend momentum is just one reason Omega closed out 2010 ranked 51st on my list of The 100 Best Values Among Dividend-Paying Stocks.
Dow Chemical Raises Dividend by 67%
The Dow Chemical Company (DOW) declared a quarterly dividend of $0.25 per share after today’s closing bell, a 67% improvement over the $0.15 the company paid each of the previous nine quarters. This is the first time Dow has given shareholders a raise since slashing its payout by 64% two years ago.
Shares of DOW closed at $36.93 today, where they now feature a 2.71% dividend yield.
Decades of consistent dividend growth came crashing to halt when Dow cut its quarterly payout from $0.42 all the way down to $0.15 per share in February 2009. It’s good to see the company’s dividend regain some momentum.
Enterprise Raises Distribution For 27th Straight Quarter
Enterprise Products Partners L.P. (EPD) declared a quarterly cash distribution of $0.5975 per unit today, a 1.3% increase over its previous payout and a 5.3% improvement over the distribution paid during the same period last year.
This is the 27th consecutive quarter Enterprise has raised its distribution, and its 36th increase overall. The partnership has now boosted its distribution by a total of 166% since going public in 1998.
EPD closed today’s session trading at $42.54, where it now yields 5.62%.
Enterprise has now raised its distribution by exactly $0.0075 per unit for 13 straight quarters.
Omega Healthcare Ups Dividend Yet Again
Omega Healthcare Investors, Inc. (OHI) declared a quarterly dividend of $0.38 per share today, a 2.7% increase over its previous payout and an 18.7% improvement over its dividend from the same period last year. This marks the fourth time the long-term care REIT has boosted its dividend in the last six quarters.
Shares of OHI closed at $23.75 (+1.98%) on Thursday, where they now feature a 6.40% dividend yield.
Omega has now raised its quarterly dividend by a total of 27% since the beginning of 2010. That impressive dividend momentum is just one reason Omega closed out 2010 ranked 51st on my list of The 100 Best Values Among Dividend-Paying Stocks.
