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
-
I came upon an interesting story about another dividend investor, this time a famous actor. This is Sean William Scott, who starred in 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 ...
-
I review the list of dividend increases every single week, as part of my monitoring process. This exercise helps me monitor existing holding...
-
I review the list of dividend increases every single week, as part of my monitoring process. I find it highly educational, because it showca...
-
I review the list of dividend increases every single week, as part of my monitoring process. This exercise helps visualize what key drivers ...
-
Dividends have historically accounted for 33% - 40% of historical annual total returns. This is the beauty of averages however. During long...
-
I review the list of dividend increases every week. This exercise helps me monitor the dividend growth investing universe. I get to monitor ...
-
The human mind cannot comprehend the power of compounding. Imagine that you retired in 1985 with $100,000 and a paid off home. You invested...
-
The NASDAQ US Broad Dividend Achievers Select Index is comprised of a select group of securities with at least ten consecutive years of incr...
-
I review the list of dividend increases as part of my monitoring process. This exercise is one of the steps to check on existing holdings. I...
