8 Companies Increasing Dividends

by Marc Bastow | January 11, 2013 1:55 pm

Companies Increasing Dividends[1]Well, the new year was slow to bring us more generous companies, in part thanks to last week’s holiday-shortened calendar. But we now have a full eight trading days under our belts, and — wouldn’t you know it — eight firms have joined our list of Companies Increasing Dividends[2]. (Note: All new yields are as of Jan. 11 midday prices):

Arkansas-based regional financial Bank of the Ozarks (NASDAQ:OZRK[3]) raised its quarterly dividend 7% to 15 cents per share, payable Jan. 25 to shareholders of record as of Jan. 18. Bank of the Ozarks has increased its quarterly dividend for 10 consecutive quarters.
OZRK Dividend Yield: 1.75%

Royalty trust BP Prudhoe Bay (NYSE:BPT[4]) raised its quarterly distribution 27% to $2.3152 per share, payable Jan. 20 to shareholders of record on Jan. 11.
BPT Dividend Yield: 12.11%

Shopping center and office property real estate investment trust DDR (NYSE:DDR[5]) raised its quarterly dividend 13% to 13.5 cents per share, payable April 2 to shareholders of record at the close of business on March 14.
DDR Dividend Yield: 3.45%

American automaker Ford (NYSE:F[6]) doubled its quarterly dividend to 10 cents per share, payable March 1 to shareholders of record on Jan. 30.
F Dividend Yield: 2.86%

Gold miner Goldcorp (NYSE:GG[7]) raised its monthly dividend 11% to 5 cents per share, payable Jan. 25 to shareholders of record at the close of business on Jan. 17.
GG Dividend Yield: 1.63%

Meat producer Hormel (NYSE:HRL[8]) raised its quarterly dividend 13% to 17 cents per share, payable Feb. 15 to shareholders of record as of Jan. 22. Hormel has paid a regular quarterly dividend without interruption since it became a public company in 1928.
HRL Dividend Yield: 1.98%

California-based Sabra Health Care REIT (NASDAQ:SBRA[9]) raised its quarterly dividend 3% to 34 cents per share, payable Feb. 28 to shareholders of record as of the close of business on Feb. 15.
SBRA Dividend Yield: 5.71%

Self-storage REIT Sovran Self Storage (NYSE:SSS[10]) raised its quarterly dividend 7% to 48 cents per share, payable Jan. 28 to shareholders of record as of Jan. 14.
SSS Dividend Yield: 3.05%

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[2].

Dividend Stocks[11]

Endnotes:

  1. [Image]: https://www.investorplace.com/hot-topics/companies-increasing-dividends/
  2. Companies Increasing Dividends: https://www.investorplace.com/hot-topics/companies-increasing-dividends/
  3. OZRK: http://studio-5.financialcontent.com/investplace/quote?Symbol=OZRK
  4. BPT: http://studio-5.financialcontent.com/investplace/quote?Symbol=BPT
  5. DDR: http://studio-5.financialcontent.com/investplace/quote?Symbol=DDR
  6. F: http://studio-5.financialcontent.com/investplace/quote?Symbol=F
  7. GG: http://studio-5.financialcontent.com/investplace/quote?Symbol=CG
  8. HRL: http://studio-5.financialcontent.com/investplace/quote?Symbol=HRL
  9. SBRA: http://studio-5.financialcontent.com/investplace/quote?Symbol=SBRA
  10. SSS: http://studio-5.financialcontent.com/investplace/quote?Symbol=SSS
  11. Dividend Stocks: https://investorplace.com/stock-types/dividend-stocks/

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