9 Stocks Sending A Strong Message With Higher Dividends

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Includes: ABBV, DOV, EMR, ENLK, ET, MAC, MMM, OHI, SIX, STX, WPZ
by: Dividends4Life
Summary

One of the many reasons I like dividend stocks is because they provide continuous feedback.

As time passes, dividend investors see their income grow steadily with each dividend increase providing assurance that the strategy is working.

Below are a few companies that are providing positive feedback to their investors with higher cash dividends.

One of the many reasons I like dividend stocks is because they provide continuous feedback. As time passes, dividend investors see their income grow steadily. You don't have to wait five to ten years to determine if the strategy is working.

Each dividend and dividend increase provides assurance that the strategy is working. When companies like 3M Company (NYSE:MMM), Emerson Electric (NYSE:EMR) and Dover Corp. (NYSE:DOV) put together a string of consecutive dividend increases in excess of 50 years, they are sending a strong message to their shareholders.

Below are a few companies that may not quite have the legacy of those mentioned above, but nevertheless are providing positive feedback to their investors with higher cash dividends:

The Macerich Company (NYSE:MAC) is an independent real estate investment trust that invests in the real estate markets of the United States. October 23rd the company increased its quarterly dividend 4.8% to $0.65 per share. The dividend is payable December 5, 2014 to stockholders of record on November 12, 2014, with an ex-dividend date of November 10, 2014. The yield based on the new payout is 3.8%.

Seagate Technology Public Limited Company (NASDAQ:STX) designs, manufactures, and sells electronic data storage products in the Asia Pacific, the Americas, and EMEA countries. October 22nd the company increased its quarterly dividend 26% to $0.54 per share. The dividend is payable November 25, 2014 to stockholders of record on November 11, 2014, with an ex-dividend date of November 7, 2014. The yield based on the new payout is 4.0%.

EnLink Midstream Partners, LP (NYSE:ENLK) EnLink Midstream Operating, LP, provides midstream energy services. October 22nd the company increased its quarterly distribution 4.5x% to $0.37 per unit. The distribution is payable November 14, 2014 to unitholders of record on November 3, 2014, with an ex-dividend date of October 30, 2014. The yield based on the new payout is 2.3%.

Energy Transfer Partners, L.P. (ETP) is engaged in the natural gas midstream, and intrastate transportation and storage businesses in the United States. October 21st the company increased its quarterly distribution 2.1% to $0.975 per unit. The distribution is payable November 19, 2014 to unitholders of record on November 3, 2014, with an ex-dividend date of October 30, 2014. The yield based on the new payout is 6.0%.

Energy Transfer Equity, L.P., (ETE) provides diversified energy-related services in the Unites States. October 21st the company increased its quarterly distribution 9.2% to $0.415 per unit. The distribution is payable November 19, 2014 to unitholders of record on November 3, 2014, with an ex-dividend date of October 30, 2014. The yield based on the new payout is 2.8%.

Six Flags Entertainment Corporation (NYSE:SIX) owns and operates regional theme and water parks. October 21st the company increased its quarterly dividend 11% to $0.52 per share. The dividend is payable December 8, 2014 to stockholders of record on November 25, 2014, with an ex-dividend date of November 21, 2014. The yield based on the new payout is 5.8%.

AbbVie Inc. (NYSE:ABBV) discovers, develops, manufactures, and sells adult and pediatric pharmaceutical products worldwide. October 20th the company increased its quarterly dividend 17% to $0.49 per share. The dividend is payable February 13, 2014 to stockholders of record on January 15, 2014, with an ex-dividend date of January 13, 2014. The yield based on the new payout is 3.6%.

Williams Partners L.P. (NYSE:WPZ), an energy infrastructure company, focuses on connecting North America's hydrocarbon resource plays to growing markets for natural gas and natural gas liquids. October 20th the company increased its quarterly distribution 1.3% to $0.9285 per unit. The distribution is payable November 7, 2014 to unitholders of record on October 31, 2014, with an ex-dividend date of October 29, 2014. The yield based on the new payout is 7.4%.

Omega Healthcare Investors, Inc. (NYSE:OHI) is a real estate investment firm that invests in healthcare facilities, primarily in long-term healthcare facilities. October 17th the company increased its quarterly dividend 2% to $0.52 per share. The dividend is payable November 17, 2014 to stockholders of record on October 31, 2014, with an ex-dividend date of October 29, 2014. The yield based on the new payout is 5.6%.

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 OHI in my High-Yield Portfolio. See a list of all my dividend growth holdings here.

Disclosure: The author is long OHI. 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.