7 Dividend Stocks Building Superior Long-Term Returns With Increased Cash Dividends

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Includes: CLB, ED, LLTC, NAT, OHI, SLB, WEC
by: Dividends4Life

Summary

Investing in Dividend Stocks is a long-term strategy. Frequent buying and selling can significantly increase your expenses and taxes, thus lowering your returns.

Great companies that increase dividends tend to have rising share prices over time.

Below are several companies building future returns with higher cash dividends.

Investing in Dividend Stocks is a long-term strategy. Frequent buying and selling of dividend stocks can significantly increase your expenses and taxes, thus lowering your returns. A growing dividend is a strong indication of a company's increasing intrinsic value. Great companies that increase dividends tend to have rising share prices over time. Holding only first-rate businesses protects your dividend stream and helps provide for steady price appreciation.

Below are several companies building future returns with higher cash dividends:

Schlumberger Limited (NYSE:SLB) supplies technology, integrated project management, and information solutions to oil and gas exploration and production industries worldwide. January 15th the company increased its quarterly dividend 25% to $0.50 per share. The dividend is payable April 10, 2015 to stockholders of record on February 11, 2015, with an ex-dividend date of February 9, 2015. The yield based on the new payout is 2.6%.

Consolidated Edison, Inc. (NYSE:ED) is engaged in regulated electric, gas, and steam delivery businesses in the United States. January 15th the company increased its quarterly dividend 3.2% to $0.65 per share. The dividend is payable March 15, 2015 to stockholders of record on February 18, 2015, with an ex-dividend date of February 13, 2015. The yield based on the new payout is 3.8%.

Wisconsin Energy Corporation (NYSE:WEC) generates and distributes electric energy. January 15th the company increased its quarterly dividend 7.6% to $0.42 per share. The dividend is payable March 1, 2015 to stockholders of record on February 13, 2015, with an ex-dividend date of February 11, 2015. The yield based on the new payout is 3.1%.

Omega Healthcare Investors, Inc. (NYSE:OHI) is a real estate investment firm. The firm invests in the real estate markets of United States. January 14th the company increased its quarterly dividend 1.9% to $0.53 per share. The dividend is payable February 16, 2015 to stockholders of record on February 2, 2015, with an ex-dividend date of January 29, 2015. The yield based on the new payout is 4.9%.

Linear Technology Corporation (NASDAQ:LLTC) designs, manufactures, and markets a line of analog integrated circuits worldwide. January 13th the company increased its quarterly dividend 11% to $0.30 per share. The dividend is payable February 25, 2015 to stockholders of record on February 13, 2015, with an ex-dividend date of February 11, 2015. The yield based on the new payout is 2.7%.

Core Laboratories N.V. (NYSE:CLB) provides reservoir description, production enhancement, and reservoir management services to the oil and gas industry in the Netherlands and internationally. January 9th the company increased its quarterly dividend 10% to $0.55 per share. The dividend is payable February 20, 2015 to stockholders of record on January 23, 2015, with an ex-dividend date of January 21, 2015. The yield based on the new payout is 2.2%.

Nordic American Tankers Limited (NYSE:NAT), a tanker company, is engaged in acquiring and chartering double-hull tankers. January 9th the company increased its quarterly dividend 57% to $0.22 per share. The dividend is payable February 9, 2015 to stockholders of record on January 22, 2015, with an ex-dividend date of January 20, 2015. The yield based on the new payout is 7.7%.

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 ED in my Dividend Growth Portfolio, and long OHI in my High-Yield Portfolio. See a list of all my dividend growth holdings here.

Disclosure: The author is long ED, 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.