Seeking Alpha
Dividend investing, long only, ETF investing
Profile| Send Message|
( followers)  

Summary

  • If you follow the mainstream financial media too closely it can leave you wondering if there is any good news out there.
  • There are still many great companies committed to generating superior returns and rewarding their shareholder by increasing cash dividends.
  • Below are several companies delivering good news to their shareholders with recently increased cash dividends.

If you closely follow the daily financial news as presented by the mainstream media, it is easy to become jaded and start believing that there isn't any good news out there. Don't be confused by the noise. There are still many great companies committed to generating superior returns and rewarding their shareholders by increasing cash dividends.

Below are several companies delivering good news to their shareholders with recently increased cash dividends:

Altria Group, Inc. (NYSE:MO) manufactures and sells cigarettes, smokeless products, and wine in the United States and internationally. August 21st the company increased its quarterly dividend 8.3% to $0.52 per share. The dividend is payable October 10, 2014 to stockholders of record on September 15, 2014. The yield based on the new payout is 4.9%.

Brinker International, Inc. (NYSE:EAT) owns, develops, operates, and franchises full-service casual dining restaurants under the Chili's Grill & Bar and Maggiano's Little Italy brands. August 21st the company increased its quarterly dividend 17% to $0.28 per share. The dividend is payable September 25, 2014 to stockholders of record on September 25, 2014. The yield based on the new payout is 2.3%.

Liberator Medical Holdings, Inc. (NYSEMKT:LBMH) distributes direct-to-consumer durable medical supplies for seniors and others with chronic illness in the United States. August 20th the company increased its quarterly dividend 8.3% to $0.325 per share. The dividend is payable October 10, 2014 to stockholders of record on September 26, 2014. The yield based on the new payout is 4.8%.

HCC Insurance Holdings, Inc. (NYSE:HCC) underwrites non-correlated specialty insurance products worldwide. August 20th the company increased its quarterly dividend 31% to $0.295 per share. The dividend is payable October 15, 2014 to stockholders of record on October 1, 2014. The yield based on the new payout is 2.4%.

Chemical Financial Corporation (NASDAQ:CHFC) operates as the financial holding company of Chemical Bank that offers banking and fiduciary products and services to residents and business customers in Michigan. August 19th the company increased its quarterly dividend 4.3% to $0.24 per share. The dividend is payable September 19, 2014 to stockholders of record on September 5, 2014. The yield based on the new payout is 3.4%.

Connecticut Water Service, Inc. (NASDAQ:CTWS) operates as a regulated water company. August 15th the company increased its quarterly dividend 4% to $0.2575 per share. The dividend is payable September 16, 2014 to stockholders of record on September 2, 2014. The yield based on the new payout is 3.1%.

MGE Energy, Inc. (NASDAQ:MGEE) operates as a public utility holding company in Wisconsin. August 15th the company increased its quarterly dividend 4.0% to $0.2828 per share. The dividend is payable September 15, 2014 to stockholders of record on September 1, 2014. The yield based on the new payout is 2.8%.

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.

Full Disclosure: No position in the aforementioned securities. See a list of all my dividend growth holdings here.

Source: 7 Stocks Delivering Higher Dividends