23 Stocks With a Vision of Higher Dividends
To succeed as a dividend growth investor you must identify and purchase stocks with sustainable dividend growth. Inertia is powerful force. Once a company has established a track record of growing its dividend over the decades and developed a shareholder base that expects higher dividends each year, it becomes increasing difficult for management to cut or fail to raise their dividend. No CEO of this type of company wants a dividend cut to occur on his or her watch.
Here are a few select companies that have recently followed through on their vision of providing increased cash dividends to their shareholders:Gap Inc. (GPS) operates as a specialty retailing company. February 24th the company increased its quarterly dividend 13% to $0.1125/share. The dividend is payable on or after April 27, 2011 to shareholders of record at the close of business on April 6, 2011. The yield based on the new... Read more