Many investors have been running away scared from dividend growth investing, after reading the recent harsh statistics from Standard & Poors, which claimed that 1Q 2009 was the worst quarter since 1955.
Most investors who got scared from these statistics seem to forget that dividend investing and investing in general is a long term process, not a matter of timing the intraday ticks on the S&P 500. In order to be successful at investing, one has to stick with their strategy and purchase only those dividend stocks, that would create a diversified basket of companies. When combined together, this portfolio should withhold the bear market forces, and throw off a decent amount of dividend income over time.
Despite all the negative publicity that dividends are getting, one could still find companies that actually raise their dividends.
Tanger Factory Outlet Centers (SKT), a real-estate investment trust which engages in acquiring, developing, owning, operating, and managing factory outlet shopping centers, raised its quarterly dividend from $0.38 to $0.3825 per share. Tanger Factory Outlet Centers is a dividend achiever which has rewarded its shareholders with an uninterrupted streak of increased dividends for 16 years. The stock currently yields 4.40%.
Plains All American Pipeline (PAA), a master limited partnership which engages in the transportation, storage, terminalling, and marketing of crude oil, refined products, and liquefied petroleum gas and other natural gas-related petroleum products, raised its quarterly distributions by 4.6% to $0.905 per unit. Plains All American Pipeline has rewarded its shareholders with an uninterrupted streak of increased dividends for 9 years. The units currently yield 9.20%.
Genesis Energy (GEL), a master limited partnership which operates in the midstream segment of the oil and gas industry in the Gulf Coast area of the United States, raised its quarterly distributions by 2.3% to $0.3375 per unit. Genesis Energy has rewarded its shareholders with an uninterrupted streak of increased dividends since 2004. Genesis Energy has cut its distributions in 2000 and 2003. The units currently yield 11.50%. I would not initiate a position in Genesis Energy at these levels.
TJX Companies (TJX), which operates as an off-price retailer of apparel and home fashions, raised its quarterly dividend from $0.11 to $0.12 per share. TJX Companies is a dividend achiever which has rewarded its shareholders with an uninterrupted streak of increased dividends for 13 years. The stock currently yields 1.70%.
It’s interesting to note despite the credit market crunch, there are still some real estate investment trusts which keep rewarding shareholders with dividend raises. The master limited partnerships have also accounted for stable and consistent increases in distributions as of late.
- Master Limited Partnerships (MLPs)
- Why do I like Dividend Achievers
- Dow 370,000
- My Dividend Growth Plan - Strategy
One way to monitor dividend growth investments is by checking the weekly list of dividend increases. I also find helpful to monitor the an...
As I explained in my article on my dividend retirement plan , I invest in blue chip dividend stocks which can afford increase dividends for...
While I am a buy and hold passive investor, I also try to regularly monitor the companies I own . I usually review the investments I have ma...
This is a guest post from Tawcan, who writes about dividend investing and financial independence on his blog at tawcan.com When it comes t...
Successful investing is simple. You live within your means, save money regularly and invest it. You buy a collection of quality businesses a...
The daily life of dividend growth investor Successful investors buy stock in companies which are within their circle of competence. This c...
This is a guest post written by Todd Wenning, CFA, who is an equity research analyst. Todd is the author of Keeping Your Dividend Edge: Str...
PepsiCo, Inc. (NYSE:PEP) manufactures, markets, and sells various foods, snacks, and carbonated and non-carbonated beverages worldwide. The ...
Diageo plc (DEO) produces, distills, brews, bottles, packages, and distributes spirits, beer, wine, and ready to drink beverages. This inter...
This is a guest post by Financially Integrated who writes about dividend investing, wealth creation and escaping the rat race. I have bee...