{"id":504279,"date":"2010-04-02T06:30:26","date_gmt":"2010-04-02T10:30:26","guid":{"rendered":"http:\/\/dividendsvalue.com\/?p=6119"},"modified":"2010-04-02T06:30:26","modified_gmt":"2010-04-02T10:30:26","slug":"4-dividend-stocks-acting-like-a-money-machine","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/504279","title":{"rendered":"4 Dividend Stocks Acting Like a Money Machine"},"content":{"rendered":"

\"\"<\/a>Growing up in the late 60\u2019s early 70\u2019s, I spent a fair amount of time reading comic books. I don\u2019t remember much about them, but I do remember several of classic ads. Of course, there was the Charles Atlas ad where the beach bully kicked sand on the skinny boy and his girlfriend. But the ad that I remember the best was the \u201cMagnificent Marvelous Money Machine<\/a><\/strong>\u201c. It was a wooden block with some rollers in which you would put a one dollar bill in one side and a five dollar bill would come out the other.<\/p>\n

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Being very young and naive, my mom had a tough time convincing me that it was just a trick and something like that didn\u2019t really exist. Sorry mom, but you were wrong on this one. The \u201cMagnificent Marvelous Money Machine\u201d does exist, but it has a different name. It is called Dividend Growth Investing<\/strong>.<\/p>\n

Below are several companies that are multiplying their shareholders return by increasing their cash dividends:<\/p>\n

Brinker<\/strong><\/span> (EAT) operates or franchises over 1,700 casual dining restaurants, including more than 1,500 Chili’s, and owns a minority interest in Romano’s Macaroni Grill. March 26th the company increased its quarterly dividend 27% to $0.14\/share. The yield based on the new payout is 2.95%.<\/p>\n

Todd Shipyards<\/strong><\/span> (TOD) a shipyard and dry dock facilities in the Pacific Northwest. March 29th the company raised its quarterly dividend to $0.075\/share. The dividend is payable June 23, 2010 to all shareholders of record as of June 8, 2010. The yield based on the new payout is 1.83%.<\/p>\n

Wayne Savings<\/strong><\/span> (WAYN) is the holding company for two bank subsidiaries that operate banking offices in Ohio. March 29th the company increases its quarterly dividend 20% to $0.06\/share. The dividend is payable on April 28, 2010 to stockholders of record as of April 14, 2010. The ex-dividend date is April 12, 2010. The yield based on the new payout is 2.84%.<\/p>\n

Oxford Industries<\/strong><\/span> (OXM) produces branded and private label apparel for men, women, and children. March 30th the company raised its quarterly dividend 22% to $0.11\/share. The dividend is payable on April 30, 2010 to shareholders of record as of the close of business on April 15, 2010. The ex-dividend date is April 13, 2010. The yield based on the new payout is 2.16%.<\/p>\n

In addition to the above dividend raisers, two Dividend Achiever<\/a> <\/strong>declared regular quarterly cash dividends. March 26th AT&T <\/strong><\/span>(T) declared a quarterly dividend of $0.42\/share with a 6.50% yield [Analysis<\/strong><\/a>]. The dividend is payable on May 3, 2010, to stockholders of record at the close of business on April 9, 2010. Also, McCormick & Company<\/strong><\/span> (MKC) on March 31st declared a quarterly dividend of $0.26\/share with a 2.70% yield. The dividend is payable April 26, 2010, to shareholders of record on April 12, 2010. The ex-dividend date is April 8, 2010.<\/p>\n

It is a cute trick to turn one dollar into five, but great dividend stocks grow their payout on a consistent basis. For a list of stocks with a long string of consecutive cash dividend increases, see this list<\/strong><\/a>.<\/p>\n

Full Disclosure: Long T. See a list of all my income holdings here<\/strong><\/a>.<\/em><\/p>\n

(Photo Credit<\/a>)<\/h5>\n

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