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40 Blue Chips Increasing Dividends in Q2

Hunting for top names that are juicing payouts? Start right here

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DuPont (DD)
New Payout % Increase Yield as of 7/2 Payment Date Record Date
$0.43/share 5% 3.48% June 12 May 15
Exxon Mobil (XOM)
New Payout % Increase Yield as of 7/2 Payment Date Record Date
$0.57/share 21.2% 2.67% June 11 May 14
FedEx (FDX)
New Payout % Increase Yield as of 7/2 Payment Date Record Date
$0.14/share 7.7% 0.61% July 2 June 18
General Mills (GIS)
New Payout % Increase Yield as of 7/2 Payment Date Record Date
$0.33/share 8% 3.39% Aug. 1 July 10
Goldman Sachs (GS)
New Payout % Increase Yield as of 7/2 Payment Date Record Date
$0.46/share 31.4% 1.89% June 28 May 31

While financial stocks’ share momentum has mostly waned since their red-hot first quarter, Goldman Sachs (NYSE:GS) had one piece of good news in Q2: Its first dividend increase since December 2005, prompted by strong first-quarter results. And it was a whopper, too, at more than 30%! GS shares have since tanked almost 20%, however, bringing the yield to nearly 2%.

Humana (HUM)
New Payout % Increase Yield as of 7/2 Payment Date Record Date
$0.26/share 4% 1.35% July 27 June 29
Intel (INTC)
New Payout % Increase Yield as of 7/2 Payment Date Record Date
$0.225/share 7% 3.15% Q3* N/A
* Date not announced as of this writing

It might not be the first sector that comes to mind when you think yield, but tech has several solid dividend citizens — and that includes Intel (NASDAQ:INTC). Intel has a sturdy business and a loyal customer base, but one thing it has been missing is a solid footing in mobile. But that void might be filled with the debut of the Microsoft (NASDAQ:MSFT) Surface, which features Intel processors in the higher-end versions. A potentially rejuvenated future can give you hope for growth — but even if INTC treads water, you can enjoy its 3%-plus yield.

International Business Machines (IBM)
New Payout % Increase Yield as of 7/2 Payment Date Record Date
$0.85/share 13% 1.74% June 9 May 10
Johnson & Johnson (JNJ)
New Payout % Increase Yield as of 7/2 Payment Date Record Date
$0.61/share 7% 3.59% June 12 May 29
KeyCorp (KEY)
New Payout % Increase Yield as of 7/2 Payment Date Record Date
$0.05/share 66% 2.59% June 15 May 29

Regional banks are another lesser-ballyhooed source of income, but KeyCorp (NYSE:KEY) and PNC Financial (NYSE:PNC) are two that yield well north of 2% and bumped up their payouts in the past three months. KeyCorp really impressed by juicing its dividend by 66%, to 5 cents per share.

Lowe’s (LOW)
New Payout % Increase Yield as of 7/2 Payment Date Record Date
$0.16/share 14% 2.24% Aug. 8 July 25
Marriott International (MAR)
New Payout % Increase Yield as of 7/2 Payment Date Record Date
$0.13/share 30% 1.32% June 22 May 18
Northrop Grumman (NOC)
New Payout % Increase Yield as of 7/2 Payment Date Record Date
$0.55/share 10% 3.46% June 13 May 28
PepsiCo (PEP)
New Payout % Increase Yield as of 7/2 Payment Date Record Date
$0.5375/share 4.4% 3.04% June 29 June 1

This stock features one of the most well-known drink brands in the world, has enjoyed decent gains for the first half of 2012 and yields more than 3%. If you guessed Coca-Cola (NYSE:KO), you’d be wrong. Perpetual soft-drink No. 2 (well, No. 3 if you bring Diet Coke into the conversation) PepsiCo (NYSE:PEP) bumped up its dividend last month, and it now yields 3% to KO’s 2.6%. Of course, both are solid sources of income with several avenues for international growth, so in this cola war, everybody wins.


Article printed from InvestorPlace Media, http://investorplace.com/2012/07/40-blue-chips-increasing-dividends-in-q2/.

©2014 InvestorPlace Media, LLC

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