As we enter the holiday season, we can celebrate the benefits provided by companies with lengthy streaks of annual dividend increases, a feature that enhances the compounding achieved by using dividend reinvestment plans (DRIPs) and dollar-cost averaging. Currently, there are more than 300 companies that have raised their dividends for at least five straight years and that offer company-sponsored DRIPs. Owning such companies magnifies returns by using reinvested dividends that are steadily rising to generate dividends of their own.
Among the companies that have recently declared a dividend increase are Arrow Financial (AROW) (22 years, Ex-Div. 12/1/15), Dow Chemical (DOW) (6 years, Ex-Div. 12/29/15), McDonald’s Corp. (MCD) (40 years, Ex-Div. 11/27/15), UMB Financial (UMBF) (24 years, Ex-Div. 12/4/15) and VF Corp. (VFC) (43 years, Ex-Div. 12/4/15). Buying such stocks just before the ex-dividend date gets the “compounding machine” running as soon as possible, so keeping an eye on the previous year’s increase date provides a distinct advantage over other investors.
Source: Forbes
Related Articles:
- 3 Styles Of Successful Dividend Investing
- Why Dividend Growth Stocks Are Evil
- Building Yield: 7 Consumer Goods Dividend Stocks
- 9 Higher-Yielding Financial Services Stocks With Rising Dividends
- Dividend Stocks vs. a Safe Distribution Rate
Compound Your Way To Wealth With 31 Dividend Stocks About To Make Payouts
Posted by D4L | Friday, December 04, 2015 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
When a company pays a dividend, it's a good thing for shareholders. When a company consistently pays a dividend every quarter, it's ...
-
If you've been holding back from investing in your future just because you don't have a lot of extra cash to spare, I've got gre...
-
If you are looking for high-yield dividend stocks that can beat the market, you might want to check out these three companies. They all have...
-
If you are here to build a portfolio that thrives in all seasons, consider dividend stocks. They can generate steady returns and provide sta...
-
One way to achieve financial freedom is to create passive income, or income that does not depend on your active involvement beyond a certain...
-
My top financial goal is to eventually become financially independent. The foundation of my strategy is to make investments that produce an ...
-
The company's remarkable consistency and low-risk business model make it a "first-choice investment opportunity," according to...
-
Since 1926, dividends have contributed approximately 32% of the total return for the S&P 500, while capital appreciations have contribut...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.