News Buzz -INVESTORS BANCORP INC (NEW) (NASDAQ:ISBC), BARCLAYS PLC (NYSE:BCS), FRANKLIN RESOURCES, INC. (NYSE:BEN), CBS CORP (NYSE:CBS), AUTOMATIC DATA PROCESSING INC. (NASDAQ:ADP)
Dividend strategies are growing in popularity because of many factors in the macro environment: sluggish economic growth, increased volatility, heightened risk aversion and extremely low interest rates on fixed income securities. Many dividend oriented stocks may offer a higher current yield than many fixed income securities.
The strategy not only focuses on companies with higher dividend yields, but companies with potential to grow these dividends over time. Dividend strategies may prove to be less volatile during bear markets yet still may provide attractive inflation protection and real total returns in bull markets. The dividend strategy can play a key role in fulfilling your growth or income needs, depending on the allocation of assets.
Here are companies that have increased their dividend payouts for several consecutive years.
INVESTORS BANCORP has been paying dividends since 2012 and has raised their dividend for 2 consecutive years. It has a dividend yield of 2.40% and a 5 year dividend growth rate of 0.00%. Their payout ratio is 45.00%.
BARCLAYS first paid dividend in 1990 and has increased their dividend for 0 straight years. They have a dividend yield of 2.80% and a 5 year dividend growth rate of 2.40%.
FRANKLIN RESOURCES has been paying dividends since 1981 and has increased their dividend for 0 years in a row. Their dividend yield is 1.90% and their 5 year dividend growth rate is 2.80%.
CBS started paying dividend in 2003 and has lifted their dividend for 6 years. Their dividend yield is 1.20% and their 5 year dividend growth rate is 1.00%.
AUTOMATIC DATA PROCESSING announced dividend for the first time in 1974 and has increased their dividend every year for the last 41 years. Their dividend yield is 2.20% and their 5 year dividend growth rate is 2.40%.