A growing dividend is a sign that the company is becoming more valuable. Companies that consistently increase dividends tend to have steadily rising share prices. Listed below are several companies compounding their shareholder’s wealth with increased cash dividends.

Dividend growth investing is a long-term strategy. A growing dividend is a sign that the company is becoming more valuable. Companies that consistently increase dividends tend to have steadily rising share prices and the best way to benefit from this is to buy and hold the stocks. Diversification and a focus on blue-chip stocks provides insurance for the few companies that don’t pan out.

Here are several companies compounding their shareholders’ wealth with increased cash dividends:

Best Buy Co., Inc. (NYSE:BBY) operates as a retailer of technology products, services, and solutions in the United States and internationally. On February 25 the company increased its quarterly dividend 22% to $0.28 per share. The dividend is payable April 7, 2016 to stockholders of record on March 17, 2016, with an ex-dividend date of March 15, 2016. The yield based on the new payout is 3.6%.

The Toronto-Dominion Bank (NYSE:TD) provides various banking products and financial services worldwide. On February 25 the company increased its quarterly dividend 7.8% to C$0.55 per share. The dividend is payable April 30, 2016 to stockholders of record on April 8, 2016, with an ex-dividend date of April 6, 2016. The yield based on the new payout is 4.3%.

Kohl’s Corporation (NYSE:KSS) operates department stores in the United States. On February 25 the company increased its quarterly dividend 11% to $0.50 per share. The dividend is payable March 23, 2016 to stockholders of record on March 9, 2016, with an ex-dividend date of March 7, 2016. The yield based on the new payout is 4.3%.

Domino’s Pizza, Inc. (NYSE:DPZ) operates as a pizza delivery company in the United States and internationally. On February 25 the company increased its quarterly dividend 23% to $0.38 per share. The dividend is payable March 30, 2016 to stockholders of record on March 15, 2016, with an ex-dividend date of March 11, 2016. The yield based on the new payout is 1.3%.