Just as picking fruit from a mango tree does not harm it, living off dividends does not damage the investment's ability to produce future results. A mango tree's life will easily span an entire generation. Similarly, well-chosen dividend investments will not only provide income in retirement, but can be passed to your children who can continue to reap the benefits.
Below are several select companies that recently decided to reward their shareholders with fruits of their labor in the form of increased cash dividends:
- Teche (TSH) Raises Qtr. Dividend 1.45% to $0.35/Share
- WesBanco (WSBC) Increases Qtr. Dividend 1.8% to $0.28/Share
- Salisbury Bancorp (SAL) Boosts Qtr. Dividend 3.7% to $0.84/Share
- Guess? (GES) Raises Qtr. Dividend 25% to $0.10/Share
Disclosure: No position in any of the aforementioned stocks.
(Photo: Steve Woods)
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Any good dividend yielding counters / REITs in the US market to recommend for stable dividends. I have been thinking about investing in the US stock market / Canroys so as to diversify my portfolio.
Financial Freedom: Since I am not a licensed investment advisor, I can not make recommendations. I can tell you what has worked for me, then you can evaluate it and decide if it works for you. Over time, my two best performing REITs have been NNN and HCP; with O a distant 3rd.
Best Wishes,
D4L