High Yield Stocks Raising Dividends

As a dividend growth investor I purchase stocks which are attractively valued and which have the business characteristics to keep raising distributions over time. Procter & Gamble is a perfect example of a dividend growth stock, after rewarding its shareholders with its 55th consecutive annual dividend increase. The Procter & Gamble Company (PG) provides consumer packaged goods in the United States and internationally. The company raised its dividend by % to 52.50 cents/share. This marked the 55th consecutive annual dividend increase for this dividend king. There are only eleven companies which have managed to raise distributions for over half a century. The ten year dividend growth rate for Procter & Gamble is 10.90%. Yield: 3.40%. Check my analysis of the stock. One sector which consistently pays not only high distributions, but also offers above average yields is master limited partnerships. Last week, several MLPs announced distribution hikes: Enterprise Products Partners L.P. (EPD) provides a range of services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, refined products, and petrochemicals in the continental United States, Canada, and Gulf of Mexico. Last week, the largest master limited partnership announced an increase in its quarterly distributions to 59.75 cents/unit. Enterprise Product Partners has consistently raised distributions for the past fourteen years in a row. The ten year distribution growth was 8.30% annually. Yield: 5.60%. Check my analysis of this MLP. Plains All American Pipeline, L.P. engages in the transportation, storage, terminalling, and marketing of crude oil, refined products, and liquefied petroleum gas and other natural gas-related petroleum products (LPG) in the United States and Canada. This master limited partnership raised quarterly distributions to 97 cents/unit. Plains All American Pipeline has consistently raised distributions to unitholders for eleven years in a row. Yield: 6.10%... Read more