4 Stocks Growing Their Dividends

Dividend sustainability is paramount for the high-yield investor. Having a stock cut its dividend could potentially crush their income. A high-yield investor is less concerned about dividend growth than maintaining the current high-yield. Most traditional dividend growth stocks pay a moderate to low yield, thus sustainability is not enough - the dividend growth investor also expects substantial and consistent growth.Below are several companies not only sustaining their dividends, but growing them: National Fuel Gas Company (NFG) operates as a diversified energy company primarily in the United States. June 9th the company increased its quarterly dividend 2.9% to $0.355 per share. This action marks the 109th year of uninterrupted dividend payments and the 41st consecutive year that National Fuel has increased its dividend. The yield based on the new payout is 2.1%. Target Corporation (TGT) operates general merchandise stores in the United States. June 8th the company increased its quarterly... Read more