Sixteen Consistent Dividend Payers Raising Dividends

Dividend investing is one of the many strategies individuals could use in order to generate income in retirement. Most of the quality dividend paying companies which I follow on my blog pursue a policy of stable and growing distributions. These companies are hesitant to cut dividends during recessions or temporary earnings setbacks, which provides retirees with a higher degree of confidence that their income stream would not be jeopardized. The fact that most stocks pay regular quarterly dividend distributions makes it easy for retirees to forecast the level of income they are going to generate in a given period. This stable recurring income stream is essential for budgeting and meeting their recurring expenses in retirement. While stable dividend payments are helpful in generating income, it is companies that also regularly raise distributions that could generate an inflation adjusted stream of income which doesn't lose purchasing power over time. In this week's look of dividend raisers, I have highlighted the companies which not only announced dividend increases, but also have a history of at least five consecutive annual dividend increases: Abbott Laboratories (ABT) engages in the discovery, development, manufacture, and sale of health care products worldwide. It operates in four segments: Pharmaceutical Products, Diagnostic Products, Nutritional Products, and Vascular Products. The company announced its plans to raise its quarterly dividend by 9.10% to 48 cents/share. This Dividend Aristocrat has increased dividends for 39 consecutive years and has a ten year annual dividend growth rate of 8.80%.Yield: 4.10 % (analysis) The Coca-Cola Company (KO) manufactures, distributes, and markets nonalcoholic beverage concentrates and syrups worldwide. The company announced its plans to raise its quarterly dividend by 6.80% to 47 cents/share. This Dividend Aristocrat has increased dividends for 49 consecutive years and has a ten year annual dividend growth rate of 10%. Yield: 2.90 % (analysis) Nestle S.A. (NSRGY) provides nutrition, health, and wellness products worldwide. The company's Board of Directors has proposed a 15.60% increase in dividends to 1.85 CHF/share ($1.96/share). This international dividend achiever has consistently raised distributions since 1996.... Read more