14 Dividend Stocks Giving Shareholders a Raise

You expect your employer to give you a salary increase periodically. Why wouldn’t you expect the same from your investments? One of the most important aspects of a dividend stock is its ability to consistency raise dividendsover time. This week several companies made their shareholders happy by giving them a raise in cash dividends: Dover Corporation (DOV) and its subsidiaries manufacture industrial products and components, as well as provide related services and consumables. August 4, the company increased its quarterly dividend 14.5% to $0.315 per share. The dividend is payable on September 15, 2011, to shareholders of record as of August 31, 2011. The yield based on the new payout is 2.0%. Dover noted that this is the 56th consecutive year in which the Company has paid an increased cash dividend, giving it the fourth longest record of consecutive annual dividend increases of all listed companies. The yield based on... Read more