9 Companies Increasing Dividends

by Marc Bastow | January 18, 2013 1:55 pm

Companies Increasing Dividends[1]Now that we’re back into the swing of the earning season, many expect an increased numbers of companies raising dividends … and this past week delivered. Several retailers helped lead the way, along with two financials and two energy-related companies.

In all, 9 companies made it onto our Companies Increasing Dividends[2] list this week. (Note: all dividend yields as of 12:00 p.m.)

Independent investment company BlackRock (NYSE:BLK[3]) raised its quarterly dividend 12% to $1.68 per share payable March 25 to shareholders of record at the close of business on March 7.
Dividend Yield: 2.58%

Oil and gas reservoir management services provider Core Laboratories (NYSE:CLB[4]) raised its quarterly dividend 14.2% to 32 cents per share payable on Feb. 2, to shareholders of record on Jan. 22.
Dividend Yield: 1.13%

Regional bank holding company Enterprise Bancorp (NASDAQ:EBTC[5]) raised its quarterly dividend 4.5% to 11.5 cent per share payable on March 1 to shareholders of record as of Feb. 8.
Dividend Yield: 2.75%

General merchandise discount retailer Family Dollar (NYSE:FDO[6]) raised its quarterly dividend 24% to 26 cents per share effective with the declaration of the next quarterly dividend.
Dividend Yield: 1.44%

Premium sports equipment retailer Finish Line (NASDAQ:FINL[7]) raised its quarterly dividend 17% to 7 cents per share payable March 18 to shareholders of record as of March 1.
Dividend Yield: 1.56%

Energy transportation and distribution company Kinder Morgan (NYSE:KMI[8]) raised its quarterly dividend 19% to 37 cents per share payable on Feb. 15, to shareholders of record as of Jan. 31.
Dividend Yield: 3.98%

Energy services company Oneok Partners (NYSE:OKE[9]) raised its quarterly dividend 9% to 36 cents per share payable Feb. 14, to shareholders of record at the close of business Jan. 31. Since January of 2006, the company has increased its dividend 15 times, representing a 157% increase during that period.
Dividend Yield: 3.08%

Container board and paper packaging company Packing Corporation of America (NYSE:PKG[10]) raised its quarterly dividend 25% to 31.25 cents per share payable on April 15, to shareholders of record as of March 15.
Dividend Yield: 3.14%

Diversified utility and energy company Wisconsin Energy (NYSE:WEC[11]) raised its quarterly dividend 13% to 34 cents per share payable March 1, 2913 to stockholders of record on February 14, 2013.
Dividend Yield: 3.58%

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’ list of Companies Increasing Dividends[2].

  1. [Image]: http://investorplace.com/hot-topics/companies-increasing-dividends/
  2. Companies Increasing Dividends: http://www.investorplace.com/hot-topics/companies-increasing-dividends/
  3. BLK: http://studio-5.financialcontent.com/investplace/quote?Symbol=BLK
  4. CLB: http://studio-5.financialcontent.com/investplace/quote?Symbol=CLB
  5. EBTC: http://studio-5.financialcontent.com/investplace/quote?Symbol=ETBC
  6. FDO: http://studio-5.financialcontent.com/investplace/quote?Symbol=FDO
  7. FINL: http://studio-5.financialcontent.com/investplace/quote?Symbol=FINL
  8. KMI: http://studio-5.financialcontent.com/investplace/quote?Symbol=KMI
  9. OKE: http://studio-5.financialcontent.com/investplace/quote?Symbol=OKE
  10. PKG: http://studio-5.financialcontent.com/investplace/quote?Symbol=PG
  11. WEC: http://studio-5.financialcontent.com/investplace/quote?Symbol=WEG

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