I regularly check the wires for companies which are increasing dividends. That way I have another control which would enable me to find promising dividend growers to add to my watchlist for accumulation. This week there were several companies announcing healthy dividend raises to shareholders.
Emerson Electric (EMR),a diversified global technology company, announced that its Board has approved a 10.00% increase in its quarterly dividend from $0.30 to $0.33 per common share effective fourth quarter of 2008. Emerson Electric is a dividend aristocrat which has increased its dividends for over fifty one years. The stock currently yields 3.80%.
Aqua America, Inc. (WTR), a regulated utilities that provides water or wastewater services in the United States, announced that its Board has approved an 8.00% increase in its quarterly dividend to $0.135 per common share effective fourth quarter of 2008. Aqua America is a dividend achiever which has increased its dividends for over two decades. The stock currently yields 3.20%.
Teekay Offshore Partners L.P. (TOO) announced that its Board has approved a 12.50% increase in its quarterly dividend from $0.40 to $0.45 per common share. The stock currently yields 14.70%.
Royal Gold (RGLD), which engages in acquiring and managing precious metals royalties, announced that its Board has approved a 14.00% increase in its quarterly dividend from $0.07 to $0.08 per common share. Royal Gold could be an interesting way to invest in gold rather than purchasing the metal outright. The stock currently yields only 1.10% however.
Perrigo Company (PRGO) announced that its Board has approved a 10% increase in its quarterly dividend from $0.05 to $0.055 per common share. Perrigo has more than doubled its quarterly dividend since 2003. The stock currently yields only 0.60%.
Aaron Rents, Inc. (RNT) announced that its Board has approved a 6.30% increase in its quarterly dividend from $0.016 to $0.017 per common share. The stock currently yields only 0.30%.
I think that Aqua America looks like an interesting water play. CNBC’s High Net Worth mentioned that water is going to be the next oil during the current century as more people around the world demand clean water. I wille be researching WTR further down the road.
Full Disclosure: Long EMR
Relevant Articles:
- 6 Dividend Stocks rewarding their shareholders
- 5 dividend stocks increasing their payments
- 8 Dividend Stocks raising their payments
- 20 Top High Dividend Growth Stocks
Popular Posts
-
The S&P Dividend Aristocrats index tracks companies in the S&P 500 that have increased dividends every year for at least 25 years ...
-
A dividend champion is a company which has a 25 year record of annual dividend increases. There are only 146 such companies in the US toda...
-
Today marks the 18th year of the Dividend Growth Investor blog. I started it on my kitchen table 18 years ago, as a way to share my throught...
-
A dividend king is a company that has managed to increase dividends to shareholders for at least 50 years in a row. There are only 52 such ...
-
Anne Scheiber worked as an auditor for the IRS. She retired at the age of 51 in 1944, and focused on managing her portfolio for the next 51 ...
-
Dividend Capture strategies are gaining popularity among speculators who don’t want to be too exposed to market risk, while also being able...
-
The S&P Dividend Aristocrats index tracks companies in the S&P 500 that have increased dividends every year for at least 25 years ...
-
There has been a lot of buzz recently about the emergence of large trillion dollar companies. It looks like every investor out there wants t...
-
In his book, Stocks for the Long Run, Wharton Professor Jeremy Siegel proves that stocks have been the best performing investing for the pas...
-
Back in May 2007 I had a net worth of $2,000 . I then promptly exchanged most of that networth for an old vehicle so that I can get to wor...
