15 Companies Compounding Shareholder Wealth With Higher Dividends

Compound interest is what occurs when interest previously earned is added to the principle and is considered when calculating future interest – i.e. earning interest on interest. So, what’s more powerful than compound interest? Compound dividends! Compound dividends are like compound interest on steroids – you are not only earning on reinvested dividends, but the dividend rate is increasing. Here are several companies compounding their shareholders' wealth with increased cash dividends:Republic Services, Inc. (RSG) provides nonhazardous solid waste collection, transfer, and disposal services. July 28th the company increased its quarterly dividend 10% to $0.22 per share. The dividend is payable on October 17, 2011 to stockholders of record on October 3, 2011. The yield based on the new payout is 3.1%.Newmont Mining Corporation (NEM) engages in the acquisition, exploration, and production of gold and copper properties. July 27th the company increased its quarterly dividend 50% to $0.30 per... Read more