7 Companies Increasing Dividends

Financials lead this week's list of dividend-boosting stocks

   
7 Companies Increasing Dividends

IncreasingDividends 7 Companies Increasing DividendsIt’s still a little bit early in the year for large-scale announcements of dividend increases, but a holiday-shortened week on Wall Street didn’t keep a number of companies — including a few financials — from boosting their regular payouts.

In all, 7 companies made it onto our Companies Increasing Dividends list for the week. (Note: All dividend yields as of Jan. 25.)

Test and measurement company Agilent Technologies (NYSE:A) raised its quarterly dividend 20% to 12 cents per share, payable April 24 to shareholders of record as of April 24.
A Dividend Yield: 1.06%

Regional bank holding company BB&T (NYSE:BBT) raised its quarterly dividend 15% to 23 cents per share, payable March 1 to shareholders of record as of Feb. 8.
BBT Dividend Yield: 2.98%

Canadian rail and transportation company Canadian National Railway (NYSE:CNI) raised its quarterly dividend to 43 cents per share, payable March 28 to shareholders of record at the close of business on March 7.
CNI Dividend Yield: 1.83%

Tennessee-based bank holding company First Horizon National (NYSE:FHN) raised its quarterly dividend 400% to 5 cents per share, payable April 1 to common shareholders of record on March 15.
FHN Dividend Yield: 1.98%

Evansville, Ind.-based bank holding company Old National Bancorp (NYSE:ONB) raised its quarterly dividend 11.1% to 10 cents per share, payable March 15 to shareholders of record as of March 1.
ONB Dividend Yield: 3.1%

Retail REIT Realty Income (NYSE:O) raised its quarterly dividend 19% to 18.1 cents per share, payable Feb. 15 to shareholders of record as of Feb. 1.
O Dividend Yield: 4.98%

Banking giant Wells Fargo (NYSE:WFC) raised its quarterly dividend 14% to 25 cents per share, payable March 1 to stockholders of record on Feb. 1. This marks Wells Fargo’s third consecutive year of dividend increases.
WFC Dividend Yield: 2.85%

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.


Article printed from InvestorPlace Media, http://investorplace.com/2013/01/7-companies-increasing-dividends-jan-21-25-wfc-bbt-cni/.

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