9 Stocks With A Long String Of Dividend Raises

Dividend policy is related to making a decision to pay a cash dividend in the present or pay an increased dividend at some stage later. The dividend can also be paid in the form of stock dividends which, unlike cash dividends, do not provide liquidity to the investors, however, it guarantees capital gains to the shareholders. The estimates of dividends by investors helps them determine the share value, therefore, dividend policy is considered an important decision taken by the financial managers of any company.

Stable dividend policy, also called Regular policy, in which a company pays dividend at fixed rate, and maintains it for long time even when net income fluctuates. This policy requires payment of a minimum amount of dividend every year regularly. A firm paying this can persuade the stockholders and can boost the credit in market. Further, the dividend must be stable and also helps in increasing long term finance. This article discusses 9 companies that have been raising their dividend since 1999.

W. P. Carey & Co. LLC (NYSE:WPC) annual dividend yield stands at 4.91% and maintains a dividend payout ratio of 67.64%. The stock has a dividend of $2.27 annually. WPC shares traded in the range of $34.50 – $49.70 in the last 52 weeks.

Vector Group Ltd (NYSE:VGR) pays a dividend of $1.60 annually. The company has an annual dividend yield of 9.54% and has a dividend payout ratio at 613.68%. Shares of VGR have been floating in the range of $16.40 – $18.59 in the last 52 weeks.

Suburban Propane Partners LP (NYSE:SPH) has an annual dividend of $3.41 while keeping its dividend yield at 9.16%. Shares of SPH have been trading in the range of $34.58 – $49.19 in last 52 weeks.

Bank Of The Ozarks Inc (NASDAQ:OZRK) pays a dividend of $0.52 annually. The stock has an annual dividend yield of 1.63% and maintains a dividend payout ratio of 12.94%. Shares of OZR have been floating in the range of $19.14 – $34.52 in the last 52 weeks.

Novo Nordisk A/S (ADR) (NYSE:NVO) pays a dividend of $2.51 annually. The company has an annual dividend yield of 1.61% and has a dividend payout ratio at 45.28%. Shares of NVO have been floating in the range of $94.58 – $158.20 in the last 52 weeks.

Fastenal Company (NASDAQ:FAST) has an annual dividend of $0.76 while keeping its dividend yield at 1.81%. Shares of FAST have been trading in the range of $29.55 – $55.05 in last 52 weeks.

Enterprise Products Partners L.P (NYSE:EPD) pays a dividend of $2.54 annually. The stock has an annual dividend yield of 4.81%. Shares of EPD have been floating in the range of $38.01 – $54.98 in the last 52 weeks.

Diageo plc (ADR) (NYSE:DEO) pays a dividend of $2.64 annually. The company has an annual dividend yield of 2.46% and has a dividend payout ratio at 62.60%. Shares of DEO have been floating in the range of $72.33 – $109.33 in the last 52 weeks.

Atlantic Tele-Network, Inc (NASDAQ:ATNI) has an annual dividend of $0.92while keeping its dividend yield at 2.35%. Shares of ATNI have been trading in the range of $27.91 – $42.77 in last 52 weeks.

Disclosure: The views and opinions expressed in this article are exclusively those of the authors who have no stake in any stocks mentioned, and hold no plan to acquire any stake within the next 5 days.