Several companies raised distributions over the past week. The companies which
I highlighted in this article have each raised dividends for at least five years
in a row. These companies also announced dividend increases over the past week.
I typically utilize this list to find hidden dividend gems . One hidden dividend
gem uncovered was Hingham Institution for Savings (NASDAQ: HIFS ), which has
delivered a 61.6% total return since I analyzed the stock in April 2010 . The
companies include: Cincinnati Financial Corp. (NASDAQ: CINF ) engages in the
property casualty insurance business in the United States. The company raised
its quarterly dividend by 0.63% to 40.25 cents per share. Cincinnati Financial
Corporation is one of 11 companies in the world that have managed to
consistently raise dividends for over half a century. Yield: 6.1% ( analysis )
MGE Energy (NASDAQ: MGEE ), through its subsidiaries, operates as a public
utility holding company. It engages in generating, purchasing, transmitting and
distributing electricity. The company raised its quarterly dividend by 2% to
38.26 cents per share. MGE Energy, Inc. is a dividend champion which has raised
dividends for 35 years in a row. Yield: 3.8% Delta Natural Gas (NASDAQ: DGAS )
distributes or transports natural gas in central and southeastern Kentucky. The
company raised its quarterly dividend by 2.90% to 35 cents per share. Delta
Natural Gas Company, Inc. has consistently raised distributions for seven years
in row. Yield: 4.5% ITC Holdings (NYSE: ITC ), through its subsidiaries, engages
in the transmission of electricity in the United States. The company raised its
quarterly dividend by 5.2% to 35.25 cents per share. ITC Holdings Corp. has
raised distributions for seven consecutive years. Yield: 2% Maxim Integrated
Products (NASDAQ: MXIM ) designs, develops, manufactures and markets a range of
linear and mixed-signal integrated circuits worldwide. The company raised its
quarterly dividend by 4.8% to 22 cents per share. Maxim Integrated Products,
Inc. is a dividend achiever which has consistently raised dividends for 11
years. Yield: 4.1% Nordson Corp. (NASDAQ: NDSN ) manufactures equipment used for
precision dispensing, testing and inspection, and surface preparation and
curing. The company raised its quarterly dividend by 19% to 12.5 cents per
share. Nordson is a dividend champion that has regularly raised dividends for 48
years in a row. Yield: 1.1% Full Disclosure: Long CINF and HIFS. For more
information, visit DividendGrowthInvestor.com .
No comments:
Post a Comment