8 value stocks with increasing dividends

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There have been a plethora of posts about dividend stocks lately. Quite a few have pointed out that many stocks that offer dividends now yield more than Treasuries or corporate bonds. Others tout the advantage of dividends being able to add to total return in a choppy, range-bound market. For a good round up of the latest articles on this topic, you can visit the
Investing Ideas page
at Seeking Alpha and check out the section on dividends.


One of the planned features of the upcoming Alert HQ Premium site will be a couple of stock screens that focus on dividends. In particular, I will be identifying those stocks that just raised their dividend during the previous week and yet are still more or less in the value stock category.


The following list is from this weekend's screen.


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Symbol Name New Dividend Yield New Annual Dividend Old Annual Dividend
ACGY Acergy S.A. 1.24% 0.21 N/A
BOBE Bob Evans Farms, Inc. 2.91% 0.80 0.72
ESLT Elbit Systems Ltd. 2.30% 1.18 N/A
SSI Stage Stores, Inc. 2.49% 0.30 0.20
MGPI MGP Ingredients, Inc. 1.36% 0.10 0
HRS Harris Corporation 2.28% 1.00 0.88
PZE Petrobras Energia Participaciones SA 3.70% 0.57 0.35
SPIL Siliconware Precision Industries Company, Ltd. 6.21% 0.30 N/A

Despite having the financial wherewithal to be able to raise their dividends, most of these stocks have been spurned by investors. There isn't really a strong stock chart in the whole bunch though some of them (see SSI, for example) show signs of beginning upside reversals.


So actually, these stocks are good candidates for the watch list of anyone who considers themselves to be value investors. Raising dividends, reasonable valuation, not over-priced, not being chased by the momentum crowd -- these are all characteristics that might be attractive to patient investors. And remember, pulling in some income while waiting for the capital gains to arrive is not such a bad strategy.


NOTE: To see the original page from which this list came, click on this link to see
Value Stocks with increasing Dividends
. The value criteria are also included on the page along with market cap and price data and you can download the list into Excel.


Disclosure: no positions in any of the stocks listed


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