13 Companies Increasing Dividends

Big names like Coca-Cola, Walmart are hiking their payouts

   
13 Companies Increasing Dividends

IncreasingDividends 13 Companies Increasing DividendsThis Presidents’ Day week was short on work days but long on companies that were willing to dole out a little extra income to investors. The group of generous companies features some big names, too, including a top soda maker and the world’s largest retailer.

All told, 13 companies made it onto our Companies Increasing Dividends list. (Note: All dividend yields are as of Feb. 22.)

Worldwide beverage maker and InvestorPlace Dependable Dividend Stock Coca-Cola (NYSE:KO) raised its quarterly dividend 10% to 28 cents per share, payable April 1 to shareholders of record as of March 15. Coca-Cola now has increased its dividend for 51 consecutive years.
KO Dividend Yield: 2.66%

Lumber manufacturer and distributor Deltec Timber (NYSE:DEL) raised its quarterly dividend 33% to 10 cents per share, payable March 15 to shareholders of record as of March 4.
DEL Dividend Yield: 0.55%

Apartment community real estate investment trust Essex Property Trust (NYSE:ESS) raised its quarterly dividend 10% to $1.21 per share, payable April 15 to shareholders of record as of March 28.
ESS Dividend Yield: 3.19%

Bank holding company Financial Institutions (NASDAQ:FISI) raised its quarterly dividend 12.5% to 18 cents per share, payable April 2 to shareholders of record as of March 14.
FISI Dividend Yield: 3.61%

Automotive parts distributor Genuine Parts (NYSE:GPC) raised its quarterly dividend 8.6% to 53.75 cents per share, payable April 1 to shareholders of record as of March 8.
GPC Dividend Yield: 3.11%

Oilfield services company Halliburton (NYSE:HAL) raised its quarterly dividend 39% to 12.5 cents per share, payable March 27 to shareholders of record as of March 6.
HAL Dividend Yield: 1.23%

Petroleum refiner HollyFrontier (NYSE:HFC) raised its quarterly dividend 50% to 30 cents per share, payable April 2 to shareholders of record as of March 15. HFC also announced a special cash dividend of 50 cents per share payable March 19 to shareholders as of March 5.
HFC Dividend Yield: 2.18%

Personal care products maker Kimberly-Clark (NYSE:KMB) raised its quarterly dividend 9.5% to 81 cents per share, payable April 2 to stockholders of record as of March 8.
KMB Dividend Yield: 3.47%

Mall and strip-center real estate investment trust Pennsylvania R.E.I.T. (NYSE:PEI) raised its quarterly dividend 12.5% to 18 cents per share, payable March 15 to shareholders of record as of March 4.
PEI Dividend Yield:
3.41%

Northeastern utility company Public Services Enterprise Group (NYSE:PEG) raised its quarterly dividend 1.4% to 36 cents per share, payable March 29 to shareholders of record on March 8. PSEG has paid dividends on an uninterrupted basis since 1907.
PEG Dividend Yield: 4.51%

Semiconductor manufacturer Texas Instruments (NASDAQ:TXN) raised its quarterly dividend 33% to 28 cents per share, payable May 20 to shareholders of record as of April 30. This marks Texas Instruments’ 10th consecutive year of dividend increases.
TXN Dividend Yield:
3.28%

Discount retail giant Walmart (NYSE:WMT) raised its quarterly dividend 18% to 47 cents per share, payable April 1 to shareholders of record as of March 12. Walmart has increased its dividend every year since 1974.
WMT Dividend Yield:
2.69%

Health benefits and insurance company WellPoint (NYSE:WLP) raised its quarterly dividend 30% to 37.5 cents per share, payable March 25 to shareholders of record as of March 8.
WLP Dividend Yield: 2.40%

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.


Article printed from InvestorPlace Media, http://investorplace.com/2013/02/13-companies-increasing-dividends-feb-18-22-wmt-ko/.

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