By Robert Gordon It is one thing to pay a dividend, and quite another to pay a generous dividend. But the best scenario of all for income seekers is to acquire companies that pay both a generous and a growing dividend. I have scoured to find four companies that pay a dividend rate of at least 150% of the 10 year Treasury yield, and have at least a 50 year history of annual dividend increases. Finally, I have looked for companies that do not have the wide institutional appeal of Proctor & Gamble Co. (PG) or Johnson & Johnson (JNJ). In the following article, I will analyze four often overlooked companies that have shown strong dividend growth in the past, and make recommendations based on their current positions in the market. Cincinnati Financial Corp. (CINF) Cincinnati is a holding company for a large property/casualty insurer, with smaller life, health and disability insurance, and financial planning arms. Its stock was trading recently at about $34 per share, very near the high end of its 52 week range of from $34.33 to $23.65. It is trading at a price to earnings ratio of 35, and has a market capitalization of $5.56 billion….


