8 Stocks Providing Positive Feedback With Higher Dividends
It seems that every investing article ends with the same conclusion - you should be buying dividend stocks. Beyond the simple concepts, some of the writers are making really bad recommendations and cross-breeding dividend investing with their preferred form of investing.
Dividend growth investing is not about exit points, momentum swings, relative strength, sector rotation; instead it is about studying fundamentals, selecting superior stocks and building a portfolio with a long-term horizon. When we buy a dividend stock, we hope to hold it forever.
This week several companies provided their shareholders positive feedback with increased cash dividends:
Lowe's Companies, Inc. (LOW) operates as a home improvement retailer in the United States, Canada, and Mexico. May 27th the company increased its quarterly dividend 27% $0.14 per share. The dividend is payable August 3, 2011, to shareholders of record as of July 20, 2011. Lowe's has declared a cash dividend each quarter since going public in 1961. The yield based on the new payout is 2.3%.
Electro Rent Corporation (ELRC) engages in the rental, lease, and sale electronic equipment. June 2nd the company increased its quarterly dividend 33% to $0.20 per share. The dividend is on July 8, 2011 to shareholders of record as of June 20, 2011. The yield based on the new payout is 5.5%.
Hersha Hospitality Trust (HT) is a real estate investment trust focused on upscale, mid-scale and extended stay hotels in major metropolitan markets. June 1st the company increased its quarterly dividend 20% to $0.06 per share. The dividend is payable July 15, 2011 to holders of record as of June 30, 2011.12... Read more