Dividend Growth Investor: Seven Dividend Growth Stocks Rewarding Shareholders With Raises

With interest rates set to decline, yields on bonds will drop. As that happens, their price will rise. Investors may want to lock in bonds at today’s yields in anticipation of lower yields and higher.

Investors can also buy dividend-paying stocks. As interest rates decline, the yields offered on stocks look increasingly attractive. While there are many high-yielding stocks out there, companies that pay a reasonable and growing dividend over time tend to offer great total returns.

Companies that can grow their sales or earnings over time are able to pay an increasing payout. Many shareholders, as owners of the company, appreciate those payouts. While only a small fraction of stocks pay growing dividends over time, there are always some announcements of dividend increases.

For instance, Altria Group (MO) just announced a 4.1% increase in its quarterly dividend. The tobacco firm has paid increasing dividends for 55 consecutive years. At current prices, Altria pays a high yield of 7.8%.

Other sectors also offer increasing payouts now. EastGroup Properties (EGP) is a real estate investment trust. They own industrial properties in Sunbelt states, which have seen significant population growth over the past few years.

EastGroup shares yield 3%, and they just raised their payout by 10.2%. EastGroup has increased its dividend for 13 years running.

To see the full list of dividend growth stocks increasing their payout now, click here.