4 Dividend Stocks To Keep An Eye On – (UHT, CVX, UGI, TMP)
Are you an investor who plans on dividends as a means of survival in retirement? If so, you might want to look for companies paying regular, stable and rising distributions over time. This process requires finding steady stocks that meet a certain predetermined entry criteria.
Why is dividend growth so important? Because it is a characteristic that is often linked with a company’s earnings maturation or improved stability. Stocks that considerably lift their yields tend to be showing their stockholders that the condition of the company is strong and may be worthy of future investment.
We searched for dividend-paying companies that have reported at-least 24 consecutive dividend increases to investors.
Universal Health Realty Income Trust (NYSE:UHT) annual dividend yield stands at 5.79% and maintains a dividend payout ratio of 38.78%. The stock has a dividend of $2.46 annually. UHT shares traded in the range of $32.00 – $43.00 in the last 52 weeks. UHT operates as a real estate investment trust (REIT) in the United States.
Chevron Corporation (NYSE:CVX) through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. Chevron Corporation pays a dividend of $3.60 annually. The company has an annual dividend yield of 3.47% and has a dividend payout ratio at 23.27%. Shares of CVX have been floating in the range of $86.68 – $112.28 in the last 52 weeks.
UGI Corp (NYSE:UGI) has an annual dividend of $1.08 while keeping its dividend yield at 3.54%. The company maintains a dividend payout ratio of 60.79%. Shares of UGI have been trading in the range of $24.07 – $32.35 in last 52 weeks. UGI through its subsidiaries, distributes and markets energy products and related services in the United States and internationally.
Tompkins Financial Corporation (NYSE:TMP) through its banking subsidiaries, Tompkins Trust Company, The Bank of Castile, and The Mahopac National Bank. Tompkins Financial Corporation pays a dividend of $1.44 annually. The stock has an annual dividend yield of 3.75% and maintains a dividend payout ratio of 45.87%. Shares of TMP have been floating in the range of $33.37 – $43.13 in the last 52 weeks.
Disclosure: The views and opinions expressed in this article are exclusively those of the authors who have no stake in any stocks mentioned, and hold no plan to acquire any stake within the next 5 days.
