13 Stocks Enticing Investors With Higher Dividends

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Includes: ADI, ALL, ANTM, CCE-OLD, EQIX, FL, GPC, KO, NEE, SHW, TROW, WMT, XEL
by: Dividends4Life
Summary

An income portfolio consisting of quality dividend growth stocks can not only succeed, but excel during a market downturn.

Dividend investors are focused on building a stream of steadily rising income from solid companies.

Below are several stocks trying to entice investors with higher cash dividends.

The goals of an income portfolio are much different than those of a capital appreciation portfolio. The good news is an income portfolio consisting of quality dividend growth stocks can not only succeed, but excel during a market downturn. Dividend investors are focused on building a stream of steadily rising income from solid companies. While some panic when their portfolios decline, income investors see a downturn as an incredible buying opportunity as they are look for sustainable growing dividends.

Below are several stocks trying to entice investors with higher cash dividends:

Wal-Mart Stores Inc. (NYSE:WMT) operates retail stores in various formats under various banners, including Walmart U.S., Walmart International and Sam's Club. February 18th the company increased its quarterly dividend 2.0% to $0.50 per share. The dividend is payable April 4, 2016 to stockholders of record on March 11, 2016, with an ex-dividend date of March 9, 2016. The yield based on the new payout is 3.0%.

Coca-Cola Co. (NYSE:KO) manufactures, distributes and markets non-alcoholic beverage concentrates and syrups. February 18th the company increased its quarterly dividend 6.1% to $0.35 per share. The dividend is payable April 1, 2016 to stockholders of record on March 25, 2016, with an ex-dividend date of March 11, 2016. The yield based on the new payout is 3.2%.

Anthem Inc. (NYSE:ANTM) is a health benefits company offering a network-based managed care plans to the large and small employer, individual, Medicaid and Medicare markets. February 18th the company increased its quarterly dividend 4% to $0.65 per share. The dividend is payable March 25, 2016 to stockholders of record on March 10, 2016, with an ex-dividend date of March 8, 2016. The yield based on the new payout is 2.0%.

Equinix Inc. (NASDAQ:EQIX) provides data center offerings to enterprises, financial services companies and content and network service providers. February 18th the company increased its quarterly dividend 3.6% to $1.75 per share. The dividend is payable March 23, 2016 to stockholders of record on March 9, 2016, with an ex-dividend date of March 7, 2016. The yield based on the new payout is 2.4%.

Foot Locker, Inc. (NYSE:FL) operates as an athletic shoes and apparel retailer. The company operates in two segments, Athletic Stores and Direct-to-Customers. February 17th the company increased its quarterly dividend 10% to $0.275 per share. The dividend is payable April 29, 2016 to stockholders of record on April 15, 2016, with an ex-dividend date of April 13, 2016. The yield based on the new payout is 1.6%.

The Sherwin-Williams Company (NYSE:SHW) develops, manufactures, distributes, and sells paints, coatings, and related products to professional, industrial, commercial, and retail customers primarily in North and South America. February 17th the company increased its quarterly dividend 25% to $0.84 per share. The dividend is payable March 11, 2016 to stockholders of record on February 29, 2016, with an ex-dividend date of February 25, 2016. The yield based on the new payout is 1.29%.

T. Rowe Price Group, Inc. (NASDAQ:TROW) is a publicly owned asset management holding company. February 17th the company increased its quarterly dividend 3.8% to $0.54 per share. The dividend is payable March 30, 2016 to stockholders of record on March 16, 2016, with an ex-dividend date of March 14, 2016. The yield based on the new payout is 3.1%.

Xcel Energy Inc. (NYSE:XEL) engages primarily in the generation, purchase, transmission, distribution, and sale of electricity in the United States. February 17th the company increased its quarterly dividend 6.3% to $0.34 per share. The dividend is payable April 20, 2016 to stockholders of record on March 15, 2016, with an ex-dividend date of March 11, 2016. The yield based on the new payout is 3.5%.

Coca-Cola Enterprises, Inc. (NYSE:CCE-OLD) produces, distributes, and markets non-alcoholic beverages. February 16th the company increased its quarterly dividend 7.1% to $0.30 per share. The dividend is payable March 17, 2016 to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The yield based on the new payout is 2.5%.

Genuine Parts Company (NYSE:GPC) distributes automotive replacement parts, industrial replacement parts, office products, and electrical/electronic materials. February 16th the company increased its quarterly dividend 6.9% to $0.6575 per share. The dividend is payable April 1, 2016 to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The yield based on the new payout is 3.0%.

Analog Devices, Inc. (NASDAQ:ADI) designs, manufactures, and markets a portfolio of solutions that leverage analog, mixed-signal, and digital signal processing technology, including integrated circuits (ICs), algorithms, software, and subsystems. February 16th the company increased its quarterly dividend 5% to $0.42 per share. The dividend is payable March 8, 2016 to stockholders of record on February 26, 2016, with an ex-dividend date of February 24, 2016. The yield based on the new payout is 3.2%.

NextEra Energy, Inc. (NYSE:NEE) generates, transmits, and distributes electric energy in the United States and Canada. The company generates electricity from gas, oil, solar, coal, petroleum coke, nuclear, and wind sources. February 12th the company increased its quarterly dividend 13% to $0.87 per share. The dividend is payable March 15, 2016 to stockholders of record on February 26, 2016, with an ex-dividend date of February 24, 2016. The yield based on the new payout is 3.1%.

The Allstate Corporation (NYSE:ALL) engages in the property-liability insurance and life insurance businesses in the United States and Canada. February 12th the company increased its quarterly dividend 10% to $0.33 per share. The dividend is payable April 1, 2016 to stockholders of record on February 29, 2016, with an ex-dividend date of February 25, 2016. The yield based on the new payout is 2.1%.

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 WMT, KO, GPC, TROW. See a list of all my Dividend Growth Portfolio holdings here.

Disclosure: I am/we are long WMT, KO, GPC, TROW. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.