My retirement strategy entails purchasing quality dividend growth stocks, which consistently raise distributions. It is very reassuring when I see that the companies I have purchased in my dividend portfolio increase dividends, and thus providing me with solid evidence that my research has been correct. Of the list of consistent dividend raisers from the past week, there were four in which I owned a position. On average, these stocks have delivered a 6.90% increase in distributions to me over the past year.
The Procter & Gamble Company (PG) provides consumer packaged goods in the United States and internationally. The company raised quarterly dividends by 7% to 56.20 cents/share. This dividend king has raised dividends for 56 years in a row. Yield: 3.40% (analysis)
Enterprise Products Partners L.P. (EPD) provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, refined products, and petrochemicals in the United States, Canada, and Gulf of Mexico. This master limited partnership raised quarterly distributions to 62.75 cents/unit, which represented a 5% increase over the same rate this time in 2011. Enterprise Products Partners has raised distributions for 15 years in a row. Yield: 5% (analysis)
Kinder Morgan Energy Partners, L.P. (KMP) operates as a pipeline transportation and energy storage company in North America. This MLP raised quarterly distributions to $1.20/unit, which represented a 5.30% increase over the same rate this time in 2011. Kinder Morgan Energy Partners has raised distributions for 15 years in a row. Yield: 5.70% (analysis)
ONEOK Partners, L.P. (OKS) engages in the gathering, processing, storage, and transportation of natural gas in the United States. This MLP raised quarterly distributions to 63.50 cent/unit, which represented a 10.40% increase over the same rate this time in 2011. ONEOK Partners has raised distributions for 7 years in a row. Yield: 4.60%
Western Gas Partners, LP (WES) , together with its subsidiaries, engages in the acquisition, ownership, development, and operation of midstream energy assets in east and west Texas, the Rocky Mountains, and the Mid-Continent. This MLP raised quarterly distributions to 46 cent/unit, which represented a 17.90% increase over the same rate this time in 2011. Western Gas Partners has raised distributions for 5 years in a row. Yield: 4%
Spectra Energy Partners, LP, (SEP) through its subsidiaries, engages in the transportation of natural gas through interstate pipeline systems, and the storage of natural gas in underground facilities in the United States. This MLP raised quarterly distributions to 48 cent/unit, which represented a 4.30% increase over the same rate this time in 2011. Spectra Energy Partners has raised distributions for 5 years in a row. Yield: 6.10%
Crestwood Midstream Partners LP (CMLP) engages in gathering, compressing, treating, processing, and transporting natural gas primarily on the Barnett Shale formation of the Fort Worth Basin in north Texas. This MLP raised quarterly distributions to 50 cent/unit, which represented a 13.60% increase over the same rate this time in 2011. Crestwood Midstream Partners has raised distributions for 6 years in a row. Yield: 7.40%
Omega Healthcare Investors, Inc. (OHI) operates as a real estate investment trust (REIT) in the United States. The company raised quarterly distributions to 42 cents/share, which represented a 10.50% increase over the same rate this time in 2011. This dividend achiever has raised distributions for 10 years in a row. Yield: 8%
The Southern Company (SO) operates as an electric utility company. It is involved in the generation, transmission, and distribution of electricity through coal, nuclear, oil and gas, and hydro resources. The company raised quarterly dividends by 3.70% to 49 cents/share. This dividend achiever has raised dividends for 11 years in a row. Yield: 4.30%
PPG Industries, Inc. (PPG) manufactures and supplies protective and decorative coatings. The company raised quarterly dividends by 3.50% to 59 cents/share. This dividend aristocrat has raised dividends for 41years in a row. Yield: 2.30% (analysis)
Sonoco Products Company (SON) provides industrial and consumer packaging products, and packaging services worldwide. The company raised quarterly dividends by 3.30% to 30 cents/share. This dividend champion has raised dividends for 29 years in a row. Yield: 3.70%
People’s United Financial, Inc. (PBCT) operates as the bank holding company for People’s United Bank that provides commercial banking, retail and business banking, and wealth management services to individual, corporate, and municipal customers. The company raised quarterly dividends by 1.60% to 16 cents/share. This dividend achiever has raised dividends for 20 years in a row. Yield: 5.20%
The Travelers Companies, Inc. (TRV), through its subsidiaries, provides various commercial and personal property and casualty insurance products and services to businesses, government units, associations, and individuals primarily in the United States. The company raised quarterly dividends by 12.20% to 46 cents/share. The Travelers Companies has raised dividends for 8 years in a row. Yield: 2.90%
Somerset Hills Bancorp (SOMH) operates as the holding company for Somerset Hills Bank, which provides commercial banking products and services primarily in Somerset, Morris, and Union Counties of New Jersey. The company raised quarterly dividends by 14.10% to 8 cents/share. Somerset Hills Bancorp has raised dividends for 8 years in a row. Yield: 3.90%
Full Disclosure: Long PG, EPD, KMR, OKS
- My Dividend Retirement Plan
- A dividend portfolio for the long-term
- Eleven Dividend Kings, Raising dividends for 50+ years
- MLP’s deliver consistent distribution increases
Warren Buffett is the most successful investor of all time. Warren Buffett was able to keep learning about investments and business from t...
When selecting a dividend stock, investors should look at the dividend last. Income investors should first focus on profitability when inves...
As a dividend investor, my main goal is to attain financial independence when dividend income exceeds expenses by an adequate margin of saf...
One of my favorite aspects of dividend growth investing is the ability to receive more passive dividend income, simply because I made the ri...
There are many risks to investing . One of the major risks that could ruin a portfolio’s chances of generating adequate dividends are p...
In my investing, look for businesses I can understand that have some sort of a competitive advantage that translates into consistent earn...
Rebalancing is the process where investors sell an asset that takes an above average allocation in their portfolio, and use the proceeds to ...
There are several factors that drive future investment returns. The important drivers behind future returns on equity investments include: ...
Wal-Mart Stores Inc. (NYSE:WMT) operates retail stores in various formats worldwide. The company operates through three segments: Walmart U....
For the first three to four years of my transformation into dividend growth investing, I managed to develop a process of identifying attrac...