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The Liberty All-Star Growth Fund, Inc. (NYSE: ASG) is going to hike its quarterly dividend payout 9% for the upcoming distribution in mid-September. This dividend hike will be a nice accompaniment to the stock price increase of more than 30% since July 2017, and the near doubling of shareholder investment over the last five years. The impressive growth can be largely…

Date Issued  7/17/2018 Shares Issued 34,160,000   Overallotment Shares  None S&P Rating   BBB-   Moodys Rating   Ba1 Security Ticker Symbol   BAC-K    OTC Temp Ticker   BKAML Market Traded ON   NYSE Dividend Payment Paid on the 24th of January, April, July and October beginning on 10/24/2018 Quarterly Dividend   .367   Annual Dividend   1.469 Securities may be redeemed, at the issuers option, as early…

After paying a flat quarterly dividend for 14 consecutive periods, CVR Energy, Inc. (NYSE:CVI) raised its quarterly dividend payout 50% for the upcoming dividend distribution in August. In addition to the exceptionally high quarterly dividend boost, the company also rewarded its shareholders with an 8% dividend yield. The company combined its high dividend income payout with a significant share price growth…

The Duke Energy Corporation (NYSE:DUK) has boosted its quarterly dividend 4.2%, which marks a 12th consecutive annual dividend boost and the current dividend payout offers a 4.5% dividend yield. The company has been distributing dividends since 2000 and has consistently increased its annual dividend payout every year since 2007. Duke Energy’s current yield outperforms average industry yields of the company’s peers…

The Reaves Utility Income Fund (AMEX:UTG) – a fund investing in dividend-paying utilities –rewarded its investors with annual dividend hikes over the past eight consecutive years and currently offers a dividend yield of 6.9%. In addition to the past eight years of consecutive annual dividend hikes, the fund failed to provide an annual dividend hike only twice in the past…