7 Stocks Delivering More Cash With Higher Dividends

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 |  Includes: CAE, GGP, HLSS, ITW, KLAC, PF, WY
by: Dividends4Life

Summary

Many Americans are worried that they might not have enough money for retirement.

Quality, low-risk dividend growth stocks make an excellent addition to our retirement portfolio.

Below are several select companies delivering more cash to their shareholders by raising their dividends.

Many Americans are worried that they might not have enough money for retirement. Women who outlive their husbands are at special risk, with 40 percent of widows living almost exclusively on Social Security. There are a lot of worried retirees out there. So, what are your retirement plans?

Quality low-risk dividend growth stocks make an excellent addition to our retirement portfolio, and the good news is, you don't have to wait until you retire to figure out what income they will generate.

Below are several select companies delivering more cash to their shareholders by raising their dividends:

Weyerhaeuser Company (NYSE:WY), a forest products company, grows and harvests trees, builds homes, and manufactures forest products worldwide. August 14th the company increased its quarterly dividend 32% to $0.29 per share. The dividend is payable September 12, 2014 to stockholders of record on August 29, 2014. The yield based on the new payout is 3.6%.

CAE Inc. (NYSE:CAE) provides simulation and modeling technologies, and integrated training services primarily to the civil aviation industry and defense forces worldwide. August 13th the company increased its quarterly dividend 17% to $0.06 per share. The dividend is payable September 30, 2014 to stockholders of record on September 15, 2014. The yield based on the new payout is 2.1%.

General Growth Properties, Inc. (NYSE:GGP) is an equity real estate investment trust that owns, manages, leases, and redevelops high-quality regional malls. August 12th the company increased its quarterly dividend 6.7% to $0.16 per share. The dividend is payable October 21, 2014 to stockholders of record on October 15, 2014. The yield based on the new payout is 2.7%.

Home Loan Servicing Solutions, Ltd. (NASDAQ:HLSS) engages in the acquisition of mortgage servicing assets. August 12th the company increased its monthly dividend 13% to $0.18 per share. The dividend is payable September 10, 2014 to stockholders of record on August 29, 2014. The yield based on the new payout is 10.2%.

Illinois Tool Works Inc. (NYSE:ITW) produces and sells engineered fasteners and components, equipment and consumable systems, and specialty products. August 8th the company increased its quarterly dividend 15% to $0.485 per share. The dividend is payable October 7, 2014 to stockholders of record on September 30, 2014. The yield based on the new payout is 2.3%.

KLA-Tencor Corporation (NASDAQ:KLAC) designs, manufactures, and markets process control and yield management solutions worldwide. August 7th the company increased its quarterly dividend 11% to $0.50 per share. The dividend is payable September 2, 2014 to stockholders of record on August 18, 2014. The yield based on the new payout is 2.8%.

Pinnacle Foods Inc. (NYSE:PF) manufactures, markets, and distributes branded convenience food products in North America. August 7th the company increased its quarterly dividend 12% to $0.235 per share. The dividend is payable October 7, 2014 to stockholders of record on August 29, 2014. The yield based on the new payout is 3.1%.

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.

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

Disclosure: The author is long ITW. The author wrote this article themselves, and it expresses their own opinions. The author is not receiving compensation for it (other than from Seeking Alpha). The author has no business relationship with any company whose stock is mentioned in this article.