30 Blue Chips Increasing Dividends in Q1

Dividend payouts could hit a record-breaking $263 billion this year

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30 Blue Chips Increasing Dividends in Q1
Kimberly-Clark (KMB)
New Payout % Increase Yield as of 3/30 Payment Date Record Date
$0.74/share 5.7% 4.01% April 3 March 9
Kinder Morgan (KMI)
New Payout % Increase Yield as of 3/30 Payment Date Record Date
$0.31/share 7% 3.21% Feb. 15 Jan. 31
Lorillard (LO)
New Payout % Increase Yield as of 3/30 Payment Date Record Date
$1.55/share 19% 4.79% March 9 March 1

American tobacco company Lorillard (NYSE:LO) kept up the industry’s strong track record of dividends when it increased its payout this year. Lorillard’s dividends have grown by over 50% since its original 92-cent payout in 2008, and the company yields a solid 4.75%.

Marathon Oil (MRO)
New Payout % Increase Yield as of 3/30 Payment Date Record Date
$0.17/share 13% 2.15% March 12 Feb. 16
MasterCard (MA)
New Payout % Increase Yield as of 3/30 Payment Date Record Date
$0.30/share 100% 0.29% May 9 April 9

MasterCard (NYSE:MA) shareholders got a pleasant surprise Feb. 7 when the company announced it was doubling its dividend, and the news sent MA shares to all-time highs above $390. (They’ve since climbed to around $425.) Still, despite the hike, MasterCard remains a virtual non-option for income investors at a paltry 0.3% yield.

Mosaic (MOS)
New Payout % Increase Yield as of 3/30 Payment Date Record Date
$0.50/share 150% 0.36% TBD* TBD
* Expected to be announced in AprilNote: Mosaic pays its dividend annually
Occidental Petroleum (OXY)
New Payout % Increase Yield as of 3/30 Payment Date Record Date
$0.54/share 17% 2.27% April 15 March 9
Qualcomm (QCOM)
New Payout % Increase Yield as of 3/30 Payment Date Record Date
$0.25/share 16% 0.47% March 23 March 2
Staples (SPLS)
New Payout % Increase Yield as of 3/30 Payment Date Record Date
$0.11/share 10% 2.72% April 12 March 23
The Gap (GPS)
New Payout % Increase Yield as of 3/30 Payment Date Record Date
$0.125/share 11.1% 1.91% April 27 April 5
Time Warner (TWX)
New Payout % Increase Yield as of 3/30 Payment Date Record Date
$0.26/share 11% 2.75% March 15 Feb. 29
Time Warner Cable (TWC)
New Payout % Increase Yield as of 3/30 Payment Date Record Date
$0.56/share 17% 2.75% March 15 Feb. 29

The Time Warner banner saw dividend increases across both Time Warner (NYSE:TWX) and the spun-off Time Warner Cable (NYSE:TWC). Time Warner has consistently increased its dividend for years, with its payout climbing 400% since its 5.5-cent dividend in 2007. Both stocks yield 2.75%.

United Parcel Service (UPS)
New Payout % Increase Yield as of 3/30 Payment Date Record Date
$0.57/share 9.6% 2.82% March 7 Feb. 21
Wal-Mart Stores (WMT)
New Payout % Increase Yield as of 3/30 Payment Date Record Date
$0.3975/share 9% 2.60% April 4 March 12

Wal-Mart‘s (NYSE:WMT) dividend has tripled since 2004, with its latest boost putting the payout around 40 cents per share. The company will pay about $5.52 billion to shareholders in fiscal 2013.

WellPoint (WLP)
New Payout % Increase Yield as of 3/30 Payment Date Record Date
$0.2875/share 15% 1.56% March 23 March 9

Health insurer WellPoint (NYSE:WLP) followed on the heels of industry mates UnitedHealth Group (NYSE:UNH) and Aetna (NYSE:AET) last year and started paying a dividend of 25 cents per share and also began a stock-buyback program. This year it took another step forward and bumped up its dividend by 15%.

Wells Fargo (WFC)
New Payout % Increase Yield as of 3/30 Payment date Record date
$0.22/share 83% 2.58% March 30 March 26

Wells Fargo (NYSE:WFC) joined the host of banks joining the payout parade after the stress-test results, and it also announced it will buy back more stock than it did in 2011.

Kyle Woodley is the assistant editor of InvestorPlace.com. As of this writing, he did not hold a position in any of the aforementioned securities. Follow him on Twitter at @KyleWoodley.


Article printed from InvestorPlace Media, http://investorplace.com/2012/04/30-blue-chips-increasing-dividends-in-q1/.

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