8 Companies Showing Confidence With Increased Dividends

It is very easy for a CEO to get on a conference call and talk about confidence in the future while communicating glowing projections, but do they really believe what they are saying? Are there any actions that would make you believe what they are saying? Senior management purchasing company stock is a strong indicator of confidence in the future. Another indicator is sticking with a dividend plan, including regular increases.
Below are several select companies with management and board confident enough to increase their cash dividends:
Omega Healthcare Investors, Inc. (NYSE: OHI) is a real estate investment firm investing in healthcare facilities, primarily in long-term healthcare facilities in order to create its portfolio. January 14th the company increased its quarterly dividend 1.8% to $0.57 per share. The dividend is payable February 16, 2016 to stockholders of record on February 2, 2016, with an ex-dividend date of February 29, 2016. The yield based on the new payout is 6.9%.
Fastenal Company (Nasdaq: FAST) engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, and internationally. January 14th the company increased its quarterly dividend 7.1% to $0.30 per share. The dividend is payable February 26, 2016 to stockholders of record on January 29, 2016, with an ex-dividend date of January 27, 2016. The yield based on the new payout is 3.1%.
Universal Insurance Holdings, Inc. (NYSE: UVE) provides various property... Read more