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18 Dividend Companies Sending Cash to Shareholders

These companies have a solid record of dividend increases

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There were eighteen consistent dividend growth stocks, which announced plans to boost distributions for their shareholders over the past week.

Besides my screening process, my compilation of weekly dividend increases helps me stay up to date on any dividend and business developments for companies I own or for companies I might be interested in purchasing down the road.

In this article, I focused only on companies which have been able to boost dividends for at least five years in a row. In the past, this process has helped me identify opportunities which I would have otherwise missed. It has also been instrumental in my accumulation of knowledge about companies, business and dividends in general.

The eighteen consistent dividend growers in the news include:

PepsiCo (NYSE:PEP) engages in the manufacture and sale of snacks, carbonated and non-carbonated beverages, dairy products, and other foods worldwide. The company raised its quarterly dividend by 4.40% to 53.75 cents per share. This marked the 41st consecutive annual dividend increase for this dividend aristocrat. Unfortunately, this marks the lowest dividend growth for PepsiCo since 2002. Yield: 3.20% (analysis)

Cardinal Health (NYSE:CAH) operates as a healthcare services company that provides pharmaceutical and medical products and services. The company raised its quarterly dividend by 10.50% to 23.75 cents per share. This marked the 23rd consecutive annual dividend increase for this dividend achiever. Yield: 2.20%

Airgas (NYSE:ARG) through its subsidiaries, engages in the distribution of industrial, medical, and specialty gases in the United States. The company raised its quarterly dividend by 25% to 40 cents per share. This marked the tenth consecutive annual dividend increase for this dividend achiever. Yield: 1.70%

Chesapeake Utilities (NYSE:CPK), through its subsidiaries, operates as a diversified utility company that primarily engages in regulated energy and unregulated energy businesses. The company raised its quarterly dividend by 5.80% to 36.50 cents per share. This marked the ninth consecutive annual dividend increase for this stock. Yield: 3.50%

Weyco Group (NYSE:WEYS) engages in the distribution of men’s foot wear primarily in the United States, Canada, Europe, Australia, Asia, and South Africa. The company raised its semi-annual dividend by 6.25% to 17 cents per share. This dividend champion has raised distributions for 32 years in a row. Yield: 3%

Expeditors International of Washington (NASDAQ:EXPD) provides logistics services in the United States and internationally. The company raised its semi-annual dividend by 12% to 28 cents per share. This dividend achiever has raised distributions for 18 years in a row. Yield: 1.40%

Reynolds American (NYSE:RAI), through its subsidiaries, manufactures and sells cigarette and other tobacco products in the United States. The company raised its dividend for the second time in 12 months, to 59 cents per share. Reynolds American has managed to boost distributions for 8 consecutive years. Yield: 5.85%

Boardwalk Pipeline Partners (NYSE:BWP), through its subsidiaries, engages in the ownership and operation of integrated natural gas pipelines and storage systems in the United States. This master limited partnership raised its quarterly distributions to 53.25 cents per unit. Boardwalk Pipeline Partners has boosted distributions for six years in a row. Yield: 7.70%

DCP Midstream Partners (NYSE:DPM), together with its subsidiaries, engages in gathering, compressing, treating, processing, transporting, storing, and selling natural gas in the United States. This master limited partnership raised its quarterly distributions to 66 cents per unit. DCP Midstream Partners has boosted distributions for six years in a row. Yield: 5.80%

Alliance Resource Partners (NASDAQ:ARLP) engages in the production and marketing of coal primarily to utilities and industrial users in the United States. This master limited partnership raised its quarterly distributions to $1.025 per unit. This dividend achiever has boosted distributions for ten years in a row. Yield: 6.45%

Alliance Holdings (NASDAQ:AHGP), is the general partner of Alliance Resource Partners (ARLP). This master limited partnership boosted quarterly distributions to 66.75 cents per unit. Alliance Holdings GP has been consistently rewarding its partners with distribution hikes since 2006. Yield: 6%

RLI (NYSE:RLI), through its subsidiaries, underwrites property and casualty insurance primarily in the United States. The company raised its quarterly dividend by 6.70% to 32 cents per share. This marked the 37th consecutive annual dividend increase for this dividend champion. Yield: 1.90%


Article printed from InvestorPlace Media, http://investorplace.com/2012/05/18-dividend-companies-sending-cash-to-shareholders-pep-cah-arg-cpk-weys/.

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