8 Dividend Increasing Stocks
Obviously dividend stocks can be great for a portfolio. More interesting is a company that chooses to increase its dividend payment instead of allowing too much cash accumulation. Dividends4Life for life reports and listed below are some companies that are increasing dividends instead of letting too much cash pile up.
ConocoPhillips (NYSE:COP) is the the fourth largest integrated oil company in the world. March 24th the company raised its dividend 10%. COP also announced it would sell of 10 percent of LUKOIL and other assets over the next two years. The yield based on the new payout is 4.22%.
Starbucks Corporation (NASDAQ:SBUX) is the leading coffee roaster and retailer of high-quality coffee products in the world. March 24th the company approved its first ever quarterly cash dividend of $0.10/share. The quarterly dividend of $0.10 per share will be paid on April 23, 2010, to shareholders of record on the close of business on April 7, 2010. The yield based on the new payout is 1.58%.
Williams-Sonoma, Inc. (NYSE:WSM) sells high-quality products for the home via its retail stores and various direct-to-customer channels. March 22nd the company raised its quarterly dividend to $0.13/share. The yield based on the new payout is 1.88%.