4 Stocks Paying Higher Cash Dividends
We have all heard it before: "stodgy," "for old people," "yawn," "boring." These words have all been used to describe dividend growth stocks. As a dividend growth investor, I sometimes think our strategy is the most misunderstood. It seems as if everyone understands a trader's mentality and a high-yield mentality. Periodically, it is good to remind ourselves that dividend growth stocks provide us with excellent long-term leverage and a growing income. Below are a few companies that understand the importance of growing their cash dividends. Neenah Paper, Inc. (NP) produces technical products and fine papers worldwide. On May 30, the company increased its quarterly dividend 33% to $0.20 per share. The dividend is payable Sept. 3, 2013, to shareholders of record as of Aug. 16, 2013. The yield based on the new payout is 2.6%. Eastern Insurance Holdings, Inc. (EIHI) provides workers' compensation insurance and reinsurance products... Read more