Most good things are worth waiting for. If you are to establish a long-term relationship with a stock, it better be a quality stock. Time is a powerful force, with it we can overcome poor choices, poor timing and bad decisions. Without it, we immediately are forced to pay for our indiscretions. When it comes to building retirement income, I look for stocks that have consistently increased their dividends for many consecutive years.

Below are several stocks building future gratification with higher cash dividends:

NiSource Inc. (NYSE:NI), an energy holding company, provides natural gas, electricity, and other products and services in the United States. On May 11 the company increased its quarterly dividend 6.5% to $0.165 per share. The dividend is payable August 19, 2016 to stockholders of record on July 29, 2016, with an ex-dividend date of July 27, 2016. The yield based on the new payout is 2.8%.

Service Corporation International (NYSE:SCI) provides deathcare products and services in the United States and Canada. On May 11 the company increased its quarterly dividend 8.3% to $0.13 per share. The dividend is payable June 30, 2016 to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The yield based on the new payout is 1.9%.

Lennox International Inc. (NYSE:LII) designs, manufactures, and markets a range of products for the heating, ventilation, air conditioning, and refrigeration markets. On May 11 the company increased its quarterly dividend 19% to $0.43 per share. The dividend is payable July 15, 2016 to stockholders of record on June 30, 2016, with an ex-dividend date of June 28, 2016. The yield based on the new payout is 1.3%.

Sun Life Financial Inc. (NYSE:SLF), a financial services organization, provides protection and wealth products and services to individuals and corporate customers worldwide. On May 10 the company increased its quarterly dividend 3.8% to C$0.405 per share. The dividend is payable June 30, 2016 to stockholders of record on June 1, 2016, with an ex-dividend date of May 27, 2016. The yield based on the new payout is 3.8%.