If your goal is to accumulate wealth for a comfortable retirement, then there is no risk-free path. Throughout time every angle has been tried and failed. What appears to be a safe investment in a federally insured CD or money market, may not even be covering inflation. Growth stocks don’t always grow. The astute conservative investor turns to solid dividend paying stocks with a track record of growing their dividends each year.
Below are several companies that have recently elected to send more cash to their shareholders in the form of increased dividends:
Walgreen Co. (NYSE:WAG) operates a network of drugstores providing consumer goods and services, pharmacy, and health and wellness services. August 6th, the company increased its quarterly dividend 7.1% to $0.3375 per share. The dividend is payable September 12, 2014 to stockholders of record on August 21, 2014. The yield based on the new payout is 2.2%.