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15 Companies Increasing Dividends

Mosaic, Smucker, Williams top payout performers

IncreasingDividends 15 Companies Increasing DividendsEarnings season is in full effect, and this week we received reports from a plethora of corporate heavyweights. Now that earnings season has kicked into gear, we’ve also seen the return of myriad companies boosting shareholder payouts. You might even say that dividend increase season is in full effect, too.

This week, we saw numerous firms taking steps to make shareholders happy with higher payouts, including several big energy partnerships, a potash producer, a tool manufacturer and even a jelly company. Here are 15 companies that made it onto our Companies Increasing Dividends list this week:

Oil and gas fracturing materials supplier CARBO Ceramics (NYSE:CRR) provided some fiscal fracking to its shareholders by unearthing a 13% larger dividend. The new quarterly payout of 27 cents per share will be delivered Aug. 15 to shareholders of record as of Aug. 1. The new dividend yield, based on the July 18 closing price of $82.77 (the day the dividend was announced), is 1.3%.

Education Realty Trust (NYSE:EDR) is a REIT that operates housing facilities located near college campuses. The trust gets an “A” from shareholders, as this week it raised its quarterly payout 43% to 10 cents per share. The new dividend is payable Aug. 15 to shareholders of record as of July 31. The new dividend yield, based on the July 17 closing price of $11.75, is 3.4%.

Natural gas transportation provider El Paso Pipeline Partners L.P. (NYSE:EPB) delivered an 8% surge in its quarterly distribution to 55 cents per unit. The enhanced dividend will be doled out Aug. 14 to unitholders of record as of July 31. The new dividend yield, based on the July 18 closing price of $35.24, is 6.24%.

Jams, jellies and preserves maker J.M. Smucker Co. (NYSE:SJM) spread the sweetness to shareholders this week, increasing its quarterly dividend 8% to 52 cents per share. The new dividend will be applied to investors’ toast on Sept. 4 to shareholders of record as of Aug. 10. The new dividend yield, based on the July 18 closing price of $75.96, is 2.74%.

Midstream energy holding company Kinder Morgan (NYSE:KMI), which owns the general partner interests in El Paso Pipeline Partners L.P. and Kinder Morgan Energy Partners (NYSE:KMP) lifted its quarterly dividend 9% to 35 cents per share. The new payout will be made on Aug. 15 to shareholders of record as of July 31. The new dividend yield, based on the July 18 closing price of $35.39, is 3.96%.

Kinder Morgan Energy Partners also raised its quarterly dividend payout, with the energy firm increasing its payment to unitholders by 2.5% to $1.23 per unit. The new payment will be made on Aug. 14 to shareholders of record as of July 31. The new dividend yield, based on the July 18 closing price of $85.38, is 5.76%.

Fertilizer and potash producer Mosaic Co. (NYSE:MOS) poured out a huge dividend increase to 25 cents per share. The new payout will begin on Aug. 16 to shareholders of record as of Aug. 2. The new dividend yield, based on the July 17 closing price of $58.21, is 1.72%. The 25 cent dividend represents a 400% increase over the company’s dividend since February of this year, and it’s the first dividend declared by Mosaic under its revised annual dividend policy of $1 per share.

Commercial real estate investment trust National Retail Properties (NYSE:NNN) made a 2.6% adjustment to the rent it pays shareholders. The new payout of 39.5 cents per share is payable Aug. 15 to shareholders of record as of July 31. The new dividend yield, based on the July 16 closing price of $29.47, is 5.36%.

Auto franchise retailer, and fixture sponsor in the auto racing circuit, Penske Automotive Group (NYSE:PAG) turned up the horsepower on its quarterly payout by 9.1% to 12 cents per share. The new dividend is payable Sept. 4 to drivers in the stock’s cockpit by Aug. 10. The new dividend yield, based on the July 19 closing price of $24.68, is 1.94%.

Spectra Energy Partners LP (NYSE:SEP) turned up the power on its quarterly payout by just 1% to 48.5 cents per unit. The new payment will show up in accounts on Aug. 14 to unitholders of record as of Aug. 3. The new dividend yield, based on the July 19 closing price of $32, is 6.06%.

Stanley Black & Decker (NYSE:SWK), the newest edition to our list of Dependable Dividend Stocks, is well-known for its quality hand tools, power tools and related accessories. This week, the company used sales of those tools to build a 20% larger dividend payment to shareholders. The new payout of 49 cents per share will be made on Sept. 18 to shareholders of record as of Sept. 7. The new dividend yield, based on the July 18 closing price of $63.26, is 3.10%. The company also approved a new share repurchase program of up to 20 million shares of common stock, or about $1.2 billion, based on the current stock price.

Financial services holding company Susquehanna Bancshares (NASDAQ:SUSQ) moved to make its shareholders happy with a 20% increase in its quarterly payout. The new dividend of 6 cents per share is payable Aug. 20 to shareholders of record on July 31. The new dividend yield, based on the July 19 closing price of $10.46, is 2.29%.

Midstream natural gas holding firm Targa Resources Partners L.P. (NYSE:NGLS) turned up the heat on its payout to unitholders by 3% to 64.25 cents per unit. The new distribution will be handed out Aug. 14 to unitholders of record as of July 23. The new dividend yield, based on the July 13 closing price of $38.75, is 6.63%.

Western Gas Partners L.P. (NYSE:WES) is a master limited partnership formed by Anadarko Petroleum (NYSE:APC) to own, operate and develop midstream energy assets. The partnership boosted its payout to unitholders by 4% to 48 cents per unit. The new distribution will be made on Aug. 13 to unitholders of record as of July 31. The new dividend yield, based on the July 19 closing price of $45.10, is 4.26%.

Energy infrastructure giant Williams Cos. (NYSE:WMB) built out its quarterly payout to shareholders by 4% to 31.25 cents per share. The new payment will be made on Sept. 10 to shareholders of record as of Aug. 24. The new dividend yield, based on the July 19 closing price of $31.05, is 4.03%.

At the time of publication, Jim Woods held positions in any of the stocks mentioned in this article. For more payout winners, see previous weeks’ lists of Companies Increasing Dividends.


Article printed from InvestorPlace Media, http://investorplace.com/2012/07/15-companies-increasing-dividends-july-16-20/.

©2014 InvestorPlace Media, LLC

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