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It is very easy for a CEO to get on a conference call and talk about confidence in the future while communicating glowing projections, but do they really believe what they are saying? Are there any actions that would make you believe what they are saying? Senior management purchasing company stock is a strong indicator of confidence in the future. Another indicator is sticking with a dividend plan, including regular increases.

Below are several select companies with a management confident enough to increase their cash dividends:

Tanger Factory Outlet Centers, Inc. (NYSE:SKT) is a real estate investment trust. The firm focuses on developing, acquiring, owning, operating, and managing outlet shopping centers. April 10th the company increased its quarterly dividend 6.7% to $0.24 per share. The dividend is payable May 15, 2014 to stockholders of record on April 30, 2014. The yield based on the new payout is 2.7%.

Lakeland Financial Corporation (NASDAQ:LKFN) operates as the holding company for Lake City Bank that provides various commercial and retail banking, wealth advisory, and investment management services in Indiana. April 9th the company increased its quarterly dividend 10.5% to $0.21 per share. The dividend is payable May 5, 2014 to stockholders of record on April 25, 2014. The yield based on the new payout is 2.2%.

Chatham Lodging Trust (NYSE:CLDT) is an equity real estate investment trust. The firm invests in the real estate markets of the United States. April 9th the company increased its monthly dividend 14.3% to $0.08 per share. The dividend is payable May 30, 2014 to stockholders of record on April 30, 2014. The yield based on the new payout is 4.6%.

QUALCOMM Incorporated (NASDAQ:QCOM) designs, develops, manufactures, and markets digital communications products and services based on code division multiple access (CDMA), orthogonal frequency division multiple access (OFDMA), and other technologies. April 8th the company increased its quarterly dividend 20% to $0.42 per share. The dividend is payable June 25, 2014 to stockholders of record on June 4, 2014. The yield based on the new payout is 2.1%.

Hospitality Properties Trust (NYSE:HPT), a real estate investment trust (REIT), engages in buying, owning, and leasing hotels. April 8th the company increased its quarterly dividend 2.1% to $0.49 per share. The dividend is payable May 21, 2014 to stockholders of record on April 25, 2014. The yield based on the new payout is 6.8%.

The Marcus Corporation (NYSE:MCS) engages in lodging and entertainment businesses in the United States. It operates through two segments, Movie Theatres, and Hotels and Resorts. April 8th the company increased its quarterly dividend 12% to $0.095 per share. The dividend is payable May 15, 2014, to stockholders of record on April 25 2014. The yield based on the new payout is 2.3%.

The Procter & Gamble Company (NYSE:PG) manufactures and sells branded consumer packaged goods. April 7th the company increased its quarterly dividend 7% to $0.6436 per share. The dividend is payable May 15, 2014 to stockholders of record on April 25, 2014. The yield based on the new payout is 3.2%.

The Bank of New York Mellon Corporation (NYSE:BK) provides various financial products and services in the United States and internationally. April 7th the company increased its quarterly dividend 13% to $0.17 per share. The dividend is payable May 7, 2014 to stockholders of record on April 25, 2014. The yield based on the new payout is 2.0%.

Artesian Resources Corporation (NASDAQ:ARTNA) provides water, wastewater, and other services on the Delmarva Peninsula. April 4th the company increased its quarterly dividend 0.9% to $0.2119 per share. The dividend is payable May 23, 2014 to stockholders of record on May 12, 2014. The yield based on the new payout is 3.8%.

Selecting stocks with increasing dividends is critical for an income growth strategy. The above list contains stocks that recently raised their dividends; it is not a list of recommend buys. As always, due diligence should be performed before buying or selling any stock. For a list of stocks with a long string of consecutive cash dividend increases, see this list.

Disclosure: Long PG in my Dividend Growth Portfolio. See a list of all my dividend growth holdings here.

Source: 9 CEOs Showing Confidence By Increasing Dividends