An effective hedge against a volatile stock market is paid out in the form of dividends. There are many companies that have a long history of consistently increasing dividends. These companies are well-established and well-capitalized, which enables them to increase their dividends on a regular basis. Investing in dividend-paying companies is a good way to protect yourself from the volatility of the market. Bristol-Myers Squibb Company and T. Rowe Price Group, Inc. are two notable examples of companies with safe and steadily increasing dividends.
Insider Monkey chose dividend-paying companies that have increased dividends for at least ten years, have solid business fundamentals, and have positive hedge fund sentiment. In a February 24 announcement, Silgan Holdings Inc. said it would redeem on March 28 all of its outstanding 4.75 percent senior notes due 2025. In order to receive the dividend, shareholders must hold their shares as of March 17 in order for it to be paid out on March 31. Chicago, Illinois is the home of TDS (formerly known as Telephone and Data Systems, Inc.;) In the United States, the company offers communications services. On March 31, shareholders with a record date of March 15 will be paid their dividends. Incorporated in the state of Minnesota, Polaris Inc. designs and sells power sports vehicles around the world. The company’s long-term goal is to increase its powersports customer base by 50% in the next ten years. Adding Polaris Inc. to Citi’s Focus List while maintaining a Buy rating on the stock was the analyst’s decision. Located in St. Louis, the Missouri-based company Leggett & Platt, Inc. For the past 50 years, the company has consistently increased its dividend payouts. Israel Englander’s Millennium Management owns 1.16 million shares worth $47.8 million, making it the largest shareholder. As of March 4, Donaldson Company, Inc. shares have a yield of 1.73 percent. For the past 26 years, the company has increased its dividends. Record quarterly revenue from Donaldson Company indicates that the company is on the right track for the rest of the year. For more details, click 10 Safe Dividend Stocks To Buy Today.