Sponsored By:

24 Companies Increasing Dividends

Abbott Labs, Allstate, Gap Inc. top payout performers

    View All  

IncreasingDividends 24 Companies Increasing DividendsIt’s turning out to be a banner year for dividends, and this week we saw yet another batch of high-profile companies moving to please shareholders with boosted payouts. The latest list of dividend divas includes big pharma, insurance, tech and several big retail firms. 24 companies made it onto our Companies Increasing Dividends list this week:

Pharmaceutical giant Abbott Laboratories (NYSE:ABT) upped the dose on its quarterly dividend by 6.25% to 51 cents per share. The new dividend is payable May 15 to shareholders of record as of April 13. The new dividend yield, based on the Feb. 17 closing price of $56.36 (the day the dividend was announced), is 3.62%.

Insurance stalwart Allstate (NYSE:ALL) raised the premium it pays to shareholders by 4.8% to 22 cents per share. The new dividend is payable April 2 to shareholders of record as of March 5. The new dividend yield, based on the Feb. 21 closing price of $31.56, is 2.79%.

Technology firm Analog Devices (NYSE:ADI) boosted its quarterly payout 20% to 30 cents per share. The new dividend is payable March 28 to shareholders of record as of March 9. The new dividend yield, based on the Feb. 22 closing price of $39.82, is 3.01%.

Car safety equipment maker Autoliv (NYSE:ALV) unbuckled the seat belt on its quarterly payout, increasing its dividend 4.4% to 47 cents per share. The new dividend is payable June 7 to shareholders of record as of May 23. The new dividend yield, based on the Feb. 21 closing price of $67.94, is 2.77%.

Investment management firm Blackrock (NYSE:BLK) put shareholders in the black by upping its dividend 9% to $1.50 per share. The new dividend is payable March 23 to shareholders of record as of March 7. The new dividend yield, based on the Feb. 23 closing price of $197.13, is 3.04%.

Business insurance firm Chubb Corp. (NYSE:CB) raised its quarterly payout by 5.1% to 41 cents per share. The new dividend is payable April 3 to shareholders of record as of March 16. The new dividend yield, based on the Feb. 23 closing price of $68.63, is 2.39%.

Oil and gas exploration firm Cimarex Energy (NYSE:XEC) tapped a new dividend vein, boosting its payout to shareholders 20% to 12 cents per share. The new dividend is payable June 1 to shareholders of record as of May 15. The new dividend yield, based on the Feb. 22 closing price of $83.73, is .57%.

 
1 2 3 View All

Article printed from InvestorPlace Media, http://investorplace.com/2012/02/24-companies-increasing-dividends-february-20-24-2012/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.