Air Products & Chemicals, Inc. (APD), Raytheon Company (RTN): The Cash Just Keeps Rolling In

The J.M. Smucker Company (NYSE:SJM)‘s dividend stayed constant at $0.52.

AFLAC Incorporated (NYSE:AFL)‘s dividend held steady at $0.35.

Mine Safety Appliances (NYSE:MSA)‘ dividend remained at $0.28.

Walgreen Company (NYSE:WAG)‘s dividend paid out $0.275

Microsoft Corporation (NASDAQ:MSFT)‘s dividend provided $0.23

CSX Corporation (NYSE:CSX)‘s dividend held firm at $0.14

McDonald’s Corporation (NYSE:MCD)’s dividend was a consistent $0.77

All those companies paid or will pay at the same level they had paid in the previous quarter, and none had cut their payments. As long as they raise their payments at some point this year, they’ll still keep their streaks of increases alive. That’s important to the iPIG portfolio, which is relying on companies increasing their dividends in order to meet its goal of creating an income stream that grows at least as fast as inflation.

Only time will tell whether the strategy will continue to work over the long haul. In the meantime, though, it sure is nice getting paid to wait — and even nicer to get significant raises for waiting patiently.

The article The Cash Just Keeps Rolling In originally appeared on Fool.com and is written by Chuck Saletta.

Fool contributor Chuck Saletta owns shares of every company mentioned in this article. The Motley Fool recommends Aflac, Becton Dickinson, McDonald’s, Mine Safety Appliances, and United Parcel Service. The Motley Fool owns shares of McDonald’s, Microsoft, and Raytheon Company (NYSE:RTN).

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