9 Stocks Building Wealth With Increased Dividends

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Includes: AAPL, BBT, COF, ET, IBM, K, KO, MET, WFC, XOM
by: Dividends4Life
Summary

Deferred gratification is postponing near-term benefits to enhance the chances of greater future benefits.

Deferred gratification is essential for anyone wanting to build wealth and is a key ingredient in a successful dividend growth strategy.

Below are several stocks building future gratification through with the promise of higher future cash dividends.

Deferred gratification is a principle where one or more people choose to postpone near-term benefits to enhance their chances of greater benefits in the future. In our microwave society marked by the "I want it now" attitude, it is unusual to find someone willing to wait. However, deferred gratification is essential for anyone wanting to build wealth and is a key ingredient in a successful dividend investing strategy.

Below are several stocks building future gratification through with the promise of higher cash dividends:

Capital One Financial Corp (NYSE:COF) is a financial services holding company with that markets financial products and services. April 30th the company increased its quarterly dividend 33% to $0.40 per share. The dividend is payable May 21, 2015 to stockholders of record on May 11, 2015, with an ex-dividend date of May 7, 2015. The yield based on the new payout is 2.0%.

Exxon Mobil Corporation (NYSE:XOM) explores for and produces crude oil and natural gas in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania. April 29th the company increased its quarterly dividend 5.8% to $0.73 per share. The dividend is payable June 10, 2015 to stockholders of record on May 13, 2015, with an ex-dividend date of May 11, 2015. The yield based on the new payout is 3.3%.

International Business Machines Corporation (NYSE:IBM) provides information technology products and services worldwide. April 28th the company increased its quarterly dividend 18% to $1.30 per share. The dividend is payable June 10 2015 to stockholders of record on May 8, 2015, with an ex-dividend date of May 6, 2015. The yield based on the new payout is 3.1%.

Wells Fargo & Company (NYSE:WFC) provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. April 28th the company increased its quarterly dividend 7.1% to $0.375 per share. The dividend is payable June 1, 2015 to stockholders of record on May 8, 2015, with an ex-dividend date of May 6, 2015. The yield based on the new payout is 2.7%.

Energy Transfer Partners, L.P. (ETP) engages in the natural gas midstream, and intrastate transportation and storage businesses in the United States. April 28th the company increased its quarterly distribution 2% to $1.015 per share. The distribution is payable May 15, 2015 to stockholders of record on May 8, 2015, with an ex-dividend date of May 6, 2015. The yield based on the new payout is 7.5%.

MetLife, Inc. (NYSE:MET) provides life insurance, annuities, employee benefits, and asset management products in the United States, Japan, Latin America, Asia, Europe, and the Middle East. April 28th the company increased its quarterly dividend 7.1% to $0.375 per share. The dividend is payable June 12, 2015 to stockholders of record on May 11, 2015, with an ex-dividend date of May 7, 2015. The yield based on the new payout is 3.0%.

BB&T Corporation (NYSE:BBT) operates as a financial holding company that provides various banking and trust services for retail and commercial clients. April 28th the company increased its quarterly dividend 12% to $0.27 per share. The dividend is payable June 1, 2015 to stockholders of record on May 15, 2015, with an ex-dividend date of May 13, 2015. The yield based on the new payout is 2.9%.

Apple Inc. (NASDAQ:AAPL) designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players worldwide. April 27th the company increased its quarterly dividend 11% to $0.52 per share. The dividend is payable May 14, 2015 to stockholders of record on May 11, 2015, with an ex-dividend date of May 7, 2015. The yield based on the new payout is 1.6%.

Kellogg Company (NYSE:K) manufactures and markets ready-to-eat cereal and convenience foods. April 24th the company's board announced plans to increase the quarterly dividend by 2% to $0.50 per share beginning with the dividend declared in the third quarter 2015. The yield based on the new payout will be 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.

Disclosure: Long KO, XOM in my Dividend Growth Portfolio and long IBM in my High Dividend Growth Portfolio. See a list of all my Dividend Growth Portfolio's holdings here.

Disclosure: The author is long XOM, IBM. 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.