22 Companies Increasing Dividends

by Marc Bastow | November 16, 2012 2:55 pm

IncreasingDividends 22 Companies Increasing Dividends[1]Despite yet another a foul week for the market, income investors got to walk away Friday a little bit happier thanks to a glut of announcements about increased dividend payouts.

While lagging just a tick behind last week’s robust 26 Companies Increasing Dividends[2], this week saw a host of companies placate investors via higher dividends. In all, 22 companies made it into our list of Companies Increasing Dividends[3]. (Note: All new yields are as of Nov. 9 midday prices.)

Business outsourcing solutions firm ADP (NYSE:ADP[4]) raised its dividend 10% to 43.5 cents per share, payable Jan. 1, 2013, to shareholders of record at Dec. 14, 2012. The increase marks the 38th consecutive year in which ADP has raised its dividend.
ADP Dividend Yield: 3.19%

Software and services supply company American Software (NASDAQ:AMSWA[5]) raised its quarterly dividend 11.1% to 10 cents per share, payable Dec. 21 to shareholders of record on the close of business on Dec. 8.
AMSWA Dividend Yield: 5.19%

Midwest bank holding company Associated Banc (NASDAQ:ASBC[6]) raised its quarterly dividend 60% to 8 cents per share, payable Dec. 17 to shareholders of record at the close of business on Dec. 3.
ASBC Dividend Yield: 2.56%

Brown-Forman (NYSE:BF.B[7]) — the alcohol company behind Jack Daniel’s — raised its quarterly dividend 9.3% to 25.5 cents per share, payable Dec. 26 to shareholders of record on Dec. 5.
BF.B Dividend Yield: 1.57%

Residential and commercial title insurance holding company Investors Title (NASDAQ:ITIC[8]) raised its quarterly dividend 14% to 8 cents per share, payable on Dec. 17 to shareholders of record Dec. 3.
ITIC Dividend Yield: 0.56%

Automotive product manufacturer Johnson Controls (NYSE:JCI[9]) raised its quarterly dividend 5.5% to 19 cents per share, payable Dec. 28 to shareholders of record at the close of business on Dec. 7.
JCI Dividend Yield: 3.01%

Natural gas utility Laclede (NYSE:LG[10]) raised its quarterly dividend 2.4% to 42.5 cents per share, payable Jan. 3, 2013, to shareholders of record on Dec. 11, 2012.
LG Dividend Yield: 4.42%

Memorial and casket maker Matthews (NASDAQ:MATW[11]) raised its quarterly dividend 11% to 10 cents per share, payable Dec. 10 to stockholders of record Nov. 26.
MATW Dividend Yield: 1.28%

Electric and natural gas distributor MDU Resources (NYSE:MDU[12]) raised its quarterly dividend 3% to 17.25 cents per share, payable Jan. 1, 2013, to stockholders of record Dec. 13, 2012. MDU Resources has paid dividends for 75 consecutive years, and this year marks the 22th consecutive annual increase in its payout.
MDU Dividend Yield: 3.47%

Oil and gas services and equipment provider National-Oilwell Varco (NYSE:NOV[13]) raised its dividend 8.3% to 13 cents per share, payable Dec. 21 to shareholders of record on Dec. 7.
NOV Dividend Yield: 0.74%

Technical products and paper manufacturer Neenah (NYSE:NP[14]) raised its quarterly dividend 25% to 60 cents per share, payable March 4, 2013, to shareholders of record as of Feb. 15.
NP Dividend Yield: 1.97%

Consumer and commercial product marketer Newell Rubbermaid (NYSE:NWL[15]) — whose brands include Rubbermaid, Calphelon and Sharpie — raised its quarterly dividend 50% to 15 cents per share, payable Dec. 28 to shareholders of record as of Nov. 30.
NWL Dividend Yield: 2.89%

Athletic apparel titan Nike (NYSE:NKE[16]) raised its quarterly dividend 17% to 21 cents per share, payable Dec. 26 to shareholders of record at the close of business on Dec. 10. Nike also announced a 2-for-1 stock split payable Dec. 24 to shareholders of record at the close of business Dec. 10.
NKE Dividend Yield: 1.56%

At-home use tissue paper manufacturer Orchids Paper Products (NYSE:TIS[17]) raised its quarterly dividend 25% to 25 cents per share, payable Dec. 18 to stockholders of record at the close of business on Dec. 3.
TIS Dividend Yield: 4.86%

Wireless optimization and solutions provider PC Tel (NASDAQ:PCTI[18]) raised its quarterly dividend 16.6% to 35 cents per share, payable Feb. 15, 2013, to shareholders of record at the close of business on Feb. 8.
PCTI Dividend Yield: 1.92%

Real estate investment trust company Ramco-Gershenson (NYSE:RPT[19]) raised its quarterly payout 3% to 16.825 cents per share, payable Jan. 2, 2013, to shareholders of record on Dec. 20, 2012.
RPT Dividend Yield: 5.39%

Precious metals royalty company Royal Gold (NASDAQ:RGLD[20]) raised its annual dividend 33% to 80 cents per share, payable on a quarterly basis of 20 cents per share. The quarterly dividend is payable on Jan. 18, 2013, to shareholders of record on Jan. 4.
RGLD Dividend Yield: 0.99%

Bank holding company SY Bancorp (NASDAQ:SYBT[21]) raised its dividend 5.3% to 20 cents per share, payable Dec. 31 to stockholders of record as of Dec. 10.
SYBT Dividend Yield: 3.82%

Food services and distribution company Sysco (NYSE:SYY[22]) raised its quarterly dividend 3.7% to 28 cents per share, payable Jan. 25, 2013, to common shareholders of record at the close of business on Jan. 4.
SYY Dividend Yield: 3.72%

Natural resources exploration company Teck (NYSE:TCK[23]) raised its quarterly dividend 12.5% to 45 cents per share, payable Jan. 2, 2013, to shareholders of record at the close of business on Dec. 14, 2012.
TCK Dividend Yield: 2.82%

Railroad stock Union Pacific (NYSE:UNP[24]) keeps chugging along, raising its quarterly dividend 15% to 69 cents per share, payable Jan. 2, 2013, to stockholders of record Nov. 30, 2012.
UNP Dividend Yield: 2.35%

Energy infrastructure provider Williams Cos. (NYSE:WMB[25]) raised its quarterly dividend 4% to 3.25 cents per share, payable Dec. 24 to shareholders of record at the close of business on Dec. 7.
WMB Dividend Yield: 4.14%

Marc Bastow is an Assistant Editor at InvestorPlace.com. As of this writing he does not hold a position in any of the aforementioned securities. For more payout winners, see previous weeks’ lists of Companies Increasing Dividends[26].

Endnotes:
  1. [Image]: http://www.investorplace.com/hot-topics/companies-increasing-dividends/
  2. 26 Companies Increasing Dividends: http://investorplace.com/2012/11/26-companies-increasing-dividends-nov-5-9/
  3. Companies Increasing Dividends: http://investorplace.com/hot-topics/companies-increasing-dividends/
  4. ADP: http://studio-5.financialcontent.com/investplace/quote?Symbol=ADP
  5. AMSWA: http://studio-5.financialcontent.com/investplace/quote?Symbol=AMSWA
  6. ASBC: http://studio-5.financialcontent.com/investplace/quote?Symbol=ASBC
  7. BF.B: http://studio-5.financialcontent.com/investplace/quote?Symbol=BF.B
  8. ITIC: http://studio-5.financialcontent.com/investplace/quote?Symbol=ITIC
  9. JCI: http://studio-5.financialcontent.com/investplace/quote?Symbol=JCI
  10. LG: http://studio-5.financialcontent.com/investplace/quote?Symbol=LG
  11. MATW: http://studio-5.financialcontent.com/investplace/quote?Symbol=MATW
  12. MDU: http://studio-5.financialcontent.com/investplace/quote?Symbol=MDU
  13. NOV: http://studio-5.financialcontent.com/investplace/quote?Symbol=NOV
  14. NP: http://studio-5.financialcontent.com/investplace/quote?Symbol=NP
  15. NWL: http://studio-5.financialcontent.com/investplace/quote?Symbol=NWL
  16. NKE: http://studio-5.financialcontent.com/investplace/quote?Symbol=NKE
  17. TIS: http://studio-5.financialcontent.com/investplace/quote?Symbol=TIS
  18. PCTI: http://studio-5.financialcontent.com/investplace/quote?Symbol=PCTI
  19. RPT: http://studio-5.financialcontent.com/investplace/quote?Symbol=RPT
  20. RGLD: http://studio-5.financialcontent.com/investplace/quote?Symbol=RGLD
  21. SYBT: http://studio-5.financialcontent.com/investplace/quote?Symbol=SYBT
  22. SYY: http://studio-5.financialcontent.com/investplace/quote?Symbol=SYY
  23. TCK: http://studio-5.financialcontent.com/investplace/quote?Symbol=TCK
  24. UNP: http://studio-5.financialcontent.com/investplace/quote?Symbol=UNP
  25. WMB: http://studio-5.financialcontent.com/investplace/quote?Symbol=WMB
  26. Companies Increasing Dividends: http://www.investorplace.com/hot-topics/companies-increasing-dividends/

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