17 Companies Compounding Shareholder's Wealth With Higher Dividends

Compound interest is what occurs when interest previously earned is added to the principle and is considered when calculating future interest – i.e. earning interest on interest. So, what’s more powerful than compound interest? Compound dividends! Compound dividends are like compound interest on steroids – you are not only earning on reinvested dividends, but the dividend rate is increasing. Here are several companies compounding their shareholder's wealth with increased cash dividends: Southside Bancshares, Inc. (SBSI) operates as the holding company for Southside Bank that provides financial products and services to individuals, businesses, municipal entities, and nonprofit organizations. November 7th the company increased its quarterly dividend 5% to $0.21 per share. The dividend is payable to shareholders of record November 21, 2013 and is scheduled for payment on December 6, 2013. The yield based on the new payout is 3.2%. NVIDIA Corporation (NVDA), a visual computing company,... Read more