This past week I have been vacationing more than 1,500 miles from my home. As with most vacations, I have not done much work this week. However, a quick check of my brokerage account shows that my dividend stocks have been very busy. It is nice to know my income portfolio never takes a day off. What's even better is the portfolio is frequently getting a raise through higher cash dividend payments.
Here are several select companies that have recently provided their shareholders a raise with increased cash dividends:
BioMed Realty Trust
John Wiley & Sons
Selecting stocks with increasing dividends is critical for an income growth strategy. The above list contains stocks that recently raised their dividends; it is not a list of recommend buys. As always, due diligence should be performed before buying or selling any stock. For a list of stocks with a long string of consecutive cash dividend increases, see this list.
Full disclosure: No position in the aforementioned securities. See a list of all the author's income holdings here.