Featured Articles

Resource Connection Incorporated Grows Annual Dividend Six-Fold in Eight Years (RECN)
Ned Piplovic | February 4, 2018
Resource Connection Incorporated (NASDAQ:RECN) has enhanced its annual payout every year since 2010 and over the past eight years, the total annual distribution amount rose 500%. The share price fell significantly in the first half of the current trailing 12-month period but has risen more than 35% since its 52-week low in August 2017. Additionally, the company currently offers a…

Provident Financial Boosts Quarterly Dividend 33% (PFS)
Ned Piplovic | February 3, 2018
Provident Financial Services, Inc. (NYSE:PFS) continued its seven-year rising dividend streak by boosting its dividend payout by one-third from the previous quarter to offer a current yield of 3%. In addition to the current streak of consecutive dividend boosts, the company avoided any dividend cuts since it started distributing dividends in 2003. While the current share price only marginally higher…

ALLETE, Inc Offers 4.7% Quarterly Dividend Boost (ALE)
Ned Piplovic | February 2, 2018
ALLETE, Inc. (NYSE:ALE) boosted its quarterly dividend distribution 4.7% from $0.535 to $0.56 and currently offers its shareholders a 3.1% dividend yield. While the share price declined slightly in the past 60 days, the company is so confident in its future growth that it revised its average long-term earnings growth outlook upward. One of the factors that influenced the revision…

Duke Energy Offers 12 Years of Dividend Hikes and 4.6% Yield (DUK)
Ned Piplovic | February 2, 2018
The Duke Energy Corporation has been distributing dividends for more than 90 years and has rewarded its shareholders with a dozen consecutive annual dividend boosts. The share price pulled back somewhat since peaking in November 2017 because of lawsuits filed over contaminated water near the company’s coal mining operation in North Carolina. However, the stock price reduction drove the forward…

Amgen, Inc. Boosts Quarterly Dividend Amount Nearly 15% (AMGN)
Ned Piplovic | February 2, 2018
Amgen Incorporated (NASDAQ:AMGN) enhanced its current quarterly dividend payout nearly 15% versus the previous quarter and rewarded its shareholders with a 2.8% dividend yield. In addition to the extraordinary dividend hike and the healthy yield, the company provided its shareholders with a 20%-plus asset appreciation for a total return of more than 25% over the past 12 months. As a…