40 Blue Chips Increasing Dividends in Q3 2012

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40 Blue Chips Increasing Dividends in Q3 2012
ConAgra (CAG)
new payout % Increase Yield as of 10/1 Payment Date Record Date
$0.25/share 4% 3.62% Dec. 4 Oct. 31
Covidien (COV)
New Payout % Increase Yield as of 10/1 Payment Date Record Date
$0.26/share 16% 1.75% Nov. 5 Oct. 11
Cummins (CMI)
New Payout % Increase Yield as of 10/1 Payment Date Record Date
$0.50/share 25% 2.17% Sept. 1 Aug. 22
Expedia (EXPE)
New Payout % Increase Yield as of 10/1 Payment Date Record Date
$0.13/share 44.4% 0.9% Sept. 18 Aug. 28

Travel site Expedia‘s (NASDAQ:EXPE) big-time dividend increase certainly was welcome, though the stock still yields less than 1%. And the new payout is a mere footnote compared to the stock’s performance in 2012. Expedia is the third best-performing stock in the S&P 500, having nearly doubled in just nine months!

Fastenal (FAST)
New Payout % Increase Yield as of 10/1 Payment Date Record Date
$0.19/share 11.8% 1.77% Aug. 24 July 27
Fifth Third Bancorp (FITB)
New Payout % Increase Yield as of 10/1 Payment Date Record Date
$0.10/share 25% 2.58% Oct. 18 Sept. 28
Harris (HRS)
New Payout % Increase Yield as of 10/1 Payment Date Record Date
$0.37/share 12% 2.89% Sept. 19 Sept. 7

Like Expedia, Harris (NYSE:HRS) — a Florida-based communications and IT firm — has had a blowout 2012, netting shareholders 40%-plus gains through the first three quarters. And like Expedia, HRS decided to share a little more wealth with investors with a 12% payout hike earlier this year. Unlike Expedia, Harris’ nearly 3% yield isn’t something to sneeze at.

J.M. Smucker (SJM)
New Payout % Increase Yield as of 10/1 Payment Date Record Date
$0.52/share 8% 2.41% Sept. 4 Aug. 10
Kinder Morgan (KMI)
New Payout % Increase Yield as of 10/1 Payment Date Record Date
$0.35/share 9% 3.94% Aug. 15 July 31
Lockheed Martin (LMT)
New Payout % Increase Yield as of 10/1 Payment Date Record Date
$1.10/share 15% 4.93% Dec. 28 Dec. 3
Marathon Petroleum (MPC)
New Payout % Increase Yield as of 10/1 Payment Date Record Date
$0.35/share 40% 2.56% Sept. 10 Aug. 16

How is Marathon Petroleum (NYSE:MPC) doing after being spun-off from Marathon Oil (NYSE:MRO) more than a year ago? Pretty darn good, thanks for asking! MPC shares have returned 46% since July 2011, including a 64% run year-to-date. And most recently, it boosted its quarterly dividend by a whopping 40% to yield roughly 2.5%.

McDonald’s (MCD)
New Payout % Increase Yield as of 10/1 Payment Date Record Date
$0.77/share 10% 3.36% Dec. 17 Dec. 3

How is McDonald’s (NYSE:MCD) doing? Well … not as well as MPC. McDonald’s dividend increase is probably one of the year’s better pieces of news for MCD investors, who have watched their shares lose more than 8% this year while the rest of the market thrives.

Microsoft (MSFT)
New Payout % Increase Yield as of 10/1 Payment Date Record Date
$0.23/share 15% 3.09% Dec. 13 Nov. 15

While Microsoft (NASDAQ:MSFT) is up 15% this year — good enough to rank fourth in our Top 10 Stocks for 2012 contest — there’s serious concerns about the company’s ability to rake in future gains amid a seeming decline in innovation over the years. Still, a dividend north of 3% should prove enough to entice at least a few more income investors.


Article printed from InvestorPlace Media, http://investorplace.com/2012/10/40-blue-chips-increasing-dividends-in-q3-2012/.

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