15 Companies Increasing Dividends

by Marc Bastow | December 7, 2012 2:28 pm

15 Companies Increasing Dividends

IncreasingDividends 15 Companies Increasing Dividends[1]With the fiscal cliff looming large and big-time tax implications coming closer, a horde of companies have either announced special one-time dividends sped up their fourth-quarter payments into calendar year 2012. To date, more than 200 companies[2] have either accelerated dividends or announced special dividends.

This week, 15 firms joined our list of Companies Increasing Dividends[3], with eight announcing expedited payouts. (Note: All new yields are as of Dec. 7 midday prices.)

Global pharmaceutical company Bristol-Myers (NYSE:BMY[4]) raised its quarterly dividend 3% to 25 cents per share, payable Feb. 1, 2013, to shareholders of record at the close of business on Jan. 4.
BMY Dividend Yield: 4.32%

West Coast office and multifamily real estate investment trust Douglas Emmett (NYSE:DEI[5]) raised its quarterly dividend 20% to 18 cents per share, payable Jan. 15, 2013, to shareholders of record on Dec. 31, 2012.
DEI Dividend Yield: 2.59%

Global chemical producer Eastman Chemical (NYSE:EMN[6]) raised its quarterly dividend 15% to 30 cents per share, payable Dec. 30 to shareholders of record on Dec. 17.
EMN Dividend Yield: 1.68%

Hospitality and food services product developer Ecolab (NYSE:ECL[7]), a Dependable Dividend Stock[8], raised its quarterly dividend 15% to 23 cents per share, payable Dec. 28 to shareholders of record on Dec. 18. This represents the company’s 21st consecutive annual dividend increase.
ECL Dividend Yield: 1.1%

Crude oil and liquid petroleum distributor Enbridge Inc. (NYSE:ENB[9]) raised its quarterly dividend 12% to 31.5 cents per share, payable March 1, 2013, to shareholders of record on Feb. 15.
ENB Dividend Yield: 2.67%

Power electronics design and original equipment manufacturing company Espey Manufacturing & Electronics (AMEX:ESP[10]) raised its quarterly dividend 11% to 25 cents per share, payable Dec. 20 to all shareholders of record on Dec. 13.
ESP Dividend Yield: 3.66%

Financial holding company First Financial (NASDAQ:THFF[11]) raised its semi-annual dividend 1.1% to 48 cents per share, payable on Jan. 2, 2013, to shareholders of record at the close of business Dec. 14, 2012.
THFF Dividend Yield: 3.26%

Fluid handling solutions firm Graco (NYSE:GGG[12]) raised its quarterly dividend 11.1% to 25 cents per share, payable Feb. 6, 2013, to shareholders of record at the close of business on Jan. 22.
GGG Dividend Yield: 1.76%

Oil and gas well driller Helmerich & Payne (NYSE:HP[13]) raised its quarterly dividend 115% to 15 cents per share, payable March 1, 2013, to shareholders of record at the close of business on Feb. 15.
HP Dividend Yield: 1.09%

Welding, cutting and brazing products manufacturer Lincoln Electric (NASDAQ:LECO[14]) raised its quarterly dividend 17.6% to 20 cents per share, payable Dec. 28 to shareholders of record on Dec. 17.
LECO Dividend Yield: 1.68%

Analog integrated circuits manufacturer Linear Technology (NASDAQ:LLTC[15]) raised its quarterly dividend 4% to 26 cents per share, payable Dec. 28 to shareholders of record on Dec. 17. This marks the 21st consecutive year the company has increased its dividend.
LTTC Dividend Yield: 2.98%

Mid America Apartment Communities (NYSE:MAA[16]), a Sunbelt-area REIT, raised its quarterly dividend 5.3% to 69.5 cents per share, payable Jan. 31, 2013, to shareholders of record on Jan. 15.
MAA Dividend Yield: 4.41%

Fiber optic and copper data cable provider Optical Cable (NASDAQ:OCC[17]) raised its quarterly dividend 33% to 2 cents per share, payable on or about Dec. 21 to shareholders of record on Dec. 17.
OCC Dividend Yield: 1.42%

Healthcare REIT Universal Health Realty Income (NYSE:UHT[18]) raised its quarterly dividend 8.7% to 62 cents per share, payable Dec. 31 to shareholders of record as of Dec. 17.
UHT Dividend Yield: 5.05%

Coatings and paint maker Valspar (NYSE:VAL[19]) raised its quarterly dividend 15% to 23 cents per share, payable Dec. 28 to shareholders of record on Dec. 17. Valspar has boosted its dividend for 35 consecutive years.
VAL Dividend Yield: 1.5%

Marc Bastow is an Assistant Editor at InvestorPlace.com. As of this writing, he did not hold a position in any of the aforementioned securities. For more payout winners, see previous weeks’ lists of Companies Increasing Dividends[3].

Endnotes:
  1. [Image]: http://www.investorplace.com/hot-topics/companies-increasing-dividends/
  2. more than 200 companies: http://investorplace.com/2012/12/have-yourself-a-merry-income-christmas/
  3. Companies Increasing Dividends: http://www.investorplace.com/hot-topics/companies-increasing-dividends/
  4. BMY: http://studio-5.financialcontent.com/investplace/quote?Symbol=BMY
  5. DEI: http://studio-5.financialcontent.com/investplace/quote?Symbol=DEI
  6. EMN: http://studio-5.financialcontent.com/investplace/quote?Symbol=EMN
  7. ECL: http://studio-5.financialcontent.com/investplace/quote?Symbol=ECL
  8. Dependable Dividend Stock: http://investorplace.com/dividend-paying-stocks/
  9. ENB: http://studio-5.financialcontent.com/investplace/quote?Symbol=ENB
  10. ESP: http://studio-5.financialcontent.com/investplace/quote?Symbol=ESP
  11. THFF: http://studio-5.financialcontent.com/investplace/quote?Symbol=THFF
  12. GGG: http://studio-5.financialcontent.com/investplace/quote?Symbol=GGG
  13. HP: http://studio-5.financialcontent.com/investplace/quote?Symbol=AP
  14. LECO: http://studio-5.financialcontent.com/investplace/quote?Symbol=LECO
  15. LLTC: http://studio-5.financialcontent.com/investplace/quote?Symbol=LLTC
  16. MAA: http://studio-5.financialcontent.com/investplace/quote?Symbol=MAA
  17. OCC: http://studio-5.financialcontent.com/investplace/quote?Symbol=OCC
  18. UHT: http://studio-5.financialcontent.com/investplace/quote?Symbol=UHT
  19. VAL: http://studio-5.financialcontent.com/investplace/quote?Symbol=VAL

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