4 Dividend Increases For Tuesday June 5th, 2012 – Looking For Higher Yields?
Four dividend increases were announced today, including two with yields in the 7-8% range. I’m all for sprinkling a few higher yield holdings into the portfolio to juice the returns, but keep in mind the risk:reward trade off that goes along with higher yielding investments.
A Quick Update About The DDI Blog
While I’ll continue profiling the daily dividend updates on days when increases are announced, however I’ve decided to stop producing the daily update spreadsheets. Instead, I’ll just add each of the daily increases to the 2012 Daily Dividend Increases Report.
Four Daily Dividend Increases
Flowers Foods (ticker: FLO) – produces and markets bakery products in the United States, where it operates in two segments, Direct-Store-Delivery (DSD) and Warehouse Delivery. FLO announced a $.01/share dividend increase in it’s quarterly payout – putting the new yield at 2.8%
Hospitality Property Trust REIT Preferred D (ticker: HPTpD) – is a real estate investment trust (REIT), that engages in buying, owning, and leasing hotels including Courtyard by Marriott, Residence Inn by Marriott, and Staybridge Suites. The new quarterly payout is $.4453/share, giving investors a current dividend yield of 6.7%
John Hancock Holdings Equity Fund (ticker: HEQ) – is an equity and income fund managed by John Hancock Companies. HEQ announced an increase to $0.3337/share in it’s quarterly dividend, which brings the yield to an eye-poping 8.8% yield.
Lowe’s Company (ticker: LOW) – together with its subsidiaries, operates as a home improvement retailer. LOW announced a $.02/share dividend increase in it’s quarterly payout – the new yield is ~2.4%
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|Hospitality Prop. Tr. Pf. D||HPTpD||6.7%||.4453||.43047||Quarterly|
|John Hancock Hld Eq Fund||HEQ||8.8%||.3337||.3237||Quarterly|
As always when evaluating investment opportunities it’s important to keep in mind not only the fundamentals of the stock itself, but also how the holding entity (Limited Partnership,Royalty Trust, Master Limited Partnership, Business Development Company, Preferred Stock) may affect the way you report income on your annual tax return as well as the amount or percentage of tax you will be required to pay. Adding shares of any of these special entities to tax deferred / retirement accounts may also present additional issues.
Please remember to review all of the fundamentals of any company BEFORE you invest – do not simply buy a stock based on the dividend payout. As always, if you have further questions about any stock mentioned her you should first consult with your CPA or tax planner / advisor before making any investments.