Monday, March 28, 2011

Four Dividend Stocks In the News

Every week I review the list of consistent dividend raisers. I only review companies which have managed to increase distributions for more than 5 years in a row. This helps me identify potential candidates for research which might not be on the dividend achievers list yet. In order to be successful at dividend growth investing, one has always be on the lookout for hidden dividend gems.


The companies which announced dividend increases over the past week included:

W. P. Carey & Co. LLC, (WPC) together with its subsidiaries, provides long-term sale-leaseback and build-to-suit transactions for companies worldwide and manages a global investment portfolio. The company boosted its quarterly distribution from 51 to 51.2 cents/share. This dividend achiever has raised distributions for 14 consecutive years. Yield: 5.80%

Raven Industries, Inc. (RAVN), together with its subsidiaries, manufactures various products for industrial, agricultural, construction, and military/aerospace markets in the United States and internationally. It operates in four segments: Applied Technology, Engineered Films, Electronic Systems, and Aerostar International, Inc. (Aerostar). The company raised its quarterly dividend by 12.50% to 18 cents/share. This marked the 25th consecutive annual dividend increase for this dividend achiever. Yield: 1.30%

Raytheon Company (RTN) provides electronics, mission systems integration, and other capabilities in the areas of sensing, effects, and command, control, communications, and intelligence systems, as well as mission support services in the United States and internationally. It operates in six segments: Integrated Defense Systems, Intelligence and Information Systems, Missile Systems, Network Centric Systems, Space and Airborne Systems, and Technical Services. The company raised its quarterly dividend by 14.70% to 43 cents/share. This marked the seventh consecutive annual dividend increase for the company. Yield : 3.40% American Greetings Corporation (AM), together with its subsidiaries, engages in the design, manufacture, and sale of greeting cards and other social expression products worldwide. The company raised its quarterly dividend by 7.30% to 15 cents/share. This marked the eight consecutive annual dividend increase for this company. Yield : 2.70%

W.P Carey & Co (WPC), Raytheon Company (RTN) and American Greetings (AM) look like interesting companies for further research, although they are not quite fitting my entry criteria at the moment.

Full Disclosure: None Relevant Articles:

- Avoid Dividend Cutters at All Costs
- The return of Financial Dividends
- Eight Dividend Growers In the News
- Eight Cash Machines Hiking Dividends

1 comment:

  1. What source do you use to find companies that have raised their dividend?

    ReplyDelete

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