5 Stocks Have Recently Boosted Their Dividends By 10% Or More

Flush with cash and enjoying strong free cash flow generating capacity, many companies continue to boost their dividends. Some do it with strong confidence, increasing dividends at high nominal rates. These dividend increases, especially when sizable, signify financial strength and project a company's confidence in its capacity to earn sufficient profits or to generate enough free cash flow to sustain dividends at higher levels for an extended period of time. Rising dividends may also represent the absence of opportunities to invest in growth; however, even then, higher dividends represent the companies' commitment to sustainable investor-friendly policies that boost shareholder value. Below is a review of five stocks with yields of at least 2% that have recently reported dividend increases of at least 10%. Some of these stocks, such as Cisco Systems, Inc. (CSCO), are good value and income investments, while others, including Stewart Enterprises Inc.... Read more