20 Companies Increasing Dividends

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The bull market of 2012 continues, and stocks keep adding to their year-to-date totals. On the dividend front, the nascent year is turning out to be one of the best that income investors have witnessed in a very long time. There have been a record number of companies increasing their dividend payouts so far this year, and this week we saw another batch of high-profile outfits thickening shareholders’ wallets. Here are 20 companies that are increasing dividends:

Canadian gold-mining giant Agnico-Eagle Mines (NYSE:AEM) dug up a 25% shinier dividend nugget, raising its quarterly payout to 20 cents per share. The new dividend yield, based on the Feb. 16 closing price of $36.59 (the day the dividend was announced), is 2.19%.

Diversified specialty-chemical producer Albermarle Corp. (NYSE:ALB) went into the fiscal lab and came out with a 14.3% increase in its quarterly dividend, to 20 cents per share. The new dividend is payable Apr. 1 to shareholders of record as March 15. The new dividend yield, based on the Feb. 15 closing price of $64.71, is 1.24%.

Beverage giant Coca-Cola Co. (NYSE:KO) popped the cap on its quarterly payout, pouring an 8.5% dividend increase, to 51 cents per share. The new dividend is payable Apr. 1 to shareholders of record as of March 15. The new dividend yield, based on the Feb. 16 closing price of $68.86, is 2.96%.

Cable TV behemoth Comcast (NASDAQ:CMCSA) added 44% to its quarterly dividend, hiking its payout to 16.25 cents per share. The new payout will be made Apr. 25 to shareholders of record as of Apr. 4. The new dividend yield, based on the Feb. 15 closing price of $28.52, is 2.28%.

Electrical-parts maker Cooper Industries (NYSE:CBE) turned up the dial on its quarterly dividend, increasing the voltage to shareholders by 7%, to 31 cents per share. The new dividend is payable Apr. 2 to shareholders of record as of Feb. 29. The new dividend yield, based on the Feb. 14 closing price of $60.83, is 2.04%.

Oil-and-gas exploration and production giant Devon Energy (NYSE:DVN) upped its quarterly payout to shareholders by about 18%, to 20 cents per share. The new dividend is payable March 30 to shareholders of record as of March 15. The new dividend yield, based on the Feb. 15 closing price of $71.70, is 1.12%.

Corporate data-center REIT Digital Realty Trust (NYSE:DLR) stored and delivered a new quarterly dividend that is 7.4% higher, to 73 cents per share. The new dividend is payable March 30 to holders of record March 15. The new dividend yield, based on the Feb. 15 closing price of $69.19, is 4.22%.

Natural gas and crude oil producer EOG Resources (NYSE:EOG) turned up the BTUs on its quarterly payout by 6.25%, to 17 cents per share. The new dividend is payable Apr. 30 to shareholders of record as of Apr. 16. The new dividend yield, based on the Feb. 16 closing price of $117.62, is .58%.

Credit-reporting and information agency Equifax (NYSE:EFX) upped its quarterly payment to shareholders by 12.5%, to 18 cents per share. The new dividend is payable March 15 to shareholders of record as of Feb. 23. The new dividend yield, based on the Feb. 10 closing price of $42.63, is 1.69%.

Financial-payment technology firm Fidelity National Information Services (NYSE:FIS) increased its payment to shareholders by 2.8%, to 20 cents per share. The new dividend is payable on March 30 to shareholders of record as of March 16. The new dividend yield, based on the Feb. 13 closing price of $29.00, is 2.76%.

Athletic footwear retailer Foot Locker (NYSE:FL) gave shareholders a win in the form of a 9% jump in its quarterly payout. The new dividend can be worn on Apr. 27 to shareholders of record as of Apr. 13. The new dividend yield, based on the Feb. 14 closing price of $27.68, is 2.60%.

Electrical-components maker Hubbell Incorporated (NYSE:HUB-B) sparked an 8% increase in its quarterly payout, to 41 cents per share. The new dividend is payable Apr. 11 to shareholders of record as of March 5. The new dividend yield, based on the Feb. 10 closing price of $74.97, is 2.19%.

Power provider Northeast Utilities (NYSE:NU) juiced its dividend by approximately 7.3%, to 29.375 cents per share. The new dividend will be paid on March 30 to shareholders of record as of March 1. The new dividend yield, based on the Feb. 15 closing price of $35.52, is 3.32%.

Energy and utility holding company PPL Corporation (NYSE:PPL) sent a new dividend to shareholders that’s approximately 2.86% higher. The new payout of 36 cents per share is payable Apr. 2 to shareholders of record as of March 9. The new dividend yield, based on the Feb. 10 closing price of $28.45, is 5.06%.

Utility and energy producer SCANA Corp. (NYSE:SCG) upped its payment to shareholders by a penny, to 49.5 cents per share. The new dividend represents an increase of 2.1% over the previous payout and will be sent out on Apr. 1 to shareholders of record as of March 9. The new dividend yield, based on the Feb. 15 closing price of $44.60, is 4.44%.

Television and internet content producer Scripps Network Interactive (NYSE:SNI), owner of HGTV, the Food Network and the Travel Channel, improved shareholders’ portfolios with a 20% tastier all-expenses paid dividend trip, to 12 cents per share. The new payout will be made March 9 to shareholders of record as of Feb. 29. The new dividend yield, based on the Feb. 16 closing price of $43.59, is 1.10%.

Paint maker Sherwin Williams (NYSE:SHW) put a fresh coat of fiscal shine on shareholders’ portfolios, raising its quarterly payout by 7%, to 39 cents per share. The new dividend is payable March 9 to shareholders of record as of Feb. 27. The new dividend yield, based on the Feb. 15 closing price of $99.22, is 1.57%.

Life-science technology company Sigma Aldrich (NASDAQ:SIAL) grew its quarterly dividend by 11.1%, to 20 cents per share. The new dividend is payable March 15 to shareholders of record as of March 1. The new dividend yield, based on the Feb. 14 closing price of $70.32, is 1.14%.

Energy infrastructure company TransCanada Corp. (NYSE:TRP) is sending more oil through the dividend pipeline, upping its payout to shareholders 5%, to 44 cents per share. The new dividend is payable Apr. 30 to shareholders of record as of March 30. The new dividend yield, based on the Feb. 14 closing price of $42.17, is 4.17%.

Insurance broker Willis Group Holdings (NYSE:WSH) upped the premium it pays shareholders by 3.8%, to 27 cents per share. The new dividend is payable on Apr. 13 to shareholders of record at March 31. The new dividend yield, based on the Feb. 14 closing price of $38.67, is 2.79%.

At the time of publication, Jim Woods held no positions in any of the stocks mentioned in this article.


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