The story of the golden goose describes very well the world of dividend investing. On the outside, dividend stocks act like normal stocks as they go up in bull markets and go down in bear markets. On the inside however, these cash machines generate so much in excess cash flow that they are able to successfully reinvest in their business, while also paying higher dividends every year. Investors who hold onto their dividend growth stocks get a dividend check every quarter. Selling those dividend stocks and investing in the next hot tech stock would mean that investors would not be getting their golden eggs in a timely manner anymore, and would be at the mercy of the markets for their returns.
Several golden geese, announced plans to deliver higher dividends ( larger golden eggs) to their shareholders:
Hingham Institution for Savings (HIFS) provides various financial services to individuals and small businesses in Massachusetts. The company raised quarterly distributions by 4% to 26 cents/share. The bank typically pays a special dividend equivalent to the amount of regular quarterly distribution plus one penny. As a result, it essentially pays 5 quarterly dividends in a year. This marked the 18th consecutive annual dividend increase for this dividend achiever. Yield: 2.10% (analysis)
General Mills, Inc. (GIS) manufactures and markets branded consumer foods worldwide. It also supplies branded and unbranded food products to the foodservice and commercial baking industries. The company raised quarterly distributions by 8.20% to 33 cents/share. This marked the ninth consecutive annual dividend increase for General Mills. Yield: 3.50%
Duke Energy Corporation (DUK), together with its subsidiaries, operates as an energy company in the United States and Latin America. The company raised quarterly distributions by 2% to 25.50 cents/share. This marked the eighth consecutive annual dividend increase for Duke Energy Corporation. Yield: 4.40%
Darden Restaurants, Inc. (DRI) operates full service restaurants in the United States and Canada. It operates restaurants under the Red Lobster, Olive Garden, LongHorn Steakhouse. The company raised quarterly distributions by 16.30% to 50 cents/share. This marked the eighth consecutive annual dividend increase for Darden Restaurants. Yield: 4%
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 raised quarterly distributions to 56.70 cents/share. W. P. Carey & Co has raised dividends for 15 years in a row. Yield: 4.90%
Full Disclosure: Long HIFS
Relevant Articles:
- Hingham Institution for Savings (HIFS) Dividend Stock Analysis
- Three Dividend Strategies to pick from
- National Bankshares (NKSH) Dividend Stock Analysis
- Replacing appreciated investments with higher yielding securities
Popular Posts
-
I am a big fan of Warren Buffett, the Oracle of Omaha. His letters to shareholders are an excellent resource for students of value investing...
-
I recently read an interesting paper titled " Which U.S. Stocks Generated the Highest Long-Term Returns? " by prof Hendrik Bessemb...
-
I review the list of dividend increases every single week, as part of my monitoring process. This exercise helps me to monitor existing hold...
-
The Kroger Co. (KR) operates as a retailer in the United States. The company operates supermarkets, multi-department stores, marketplace sto...
-
“Good decisions come from experience. Experience. comes from bad decisions.” - Mark Twain I am a big fan of long-term investing. This ...
-
With Dividend Growth Stocks, when I am wrong, the most I can lose is the amount I invested, minus any dividends I allocated elsewhere. But w...
-
One of my favorite Berkshire Hathaway letters to shareholders is the one from 2013 . It left a very big impression on me, mostly because it ...
-
I review the list of dividend increases every week, as part of my monitoring process . This exercise is one of the steps that helps me evalu...
-
I review the list of dividend increases every week, as part of my review process. This exercise helps me to monitor existing holdings. It al...
-
The goal of every Dividend Growth Investor is to generate enough dividends to pay for their retirement. It takes patience, persistence and p...