13 Companies Increasing Dividends

by Marc Bastow | February 22, 2013 12:35 pm

[1]This 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[2] list. (Note: All dividend yields are as of Feb. 22.)

Worldwide beverage maker and InvestorPlace Dependable Dividend Stock[3] Coca-Cola (NYSE:KO[4]) 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[5]) 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[6]) 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[7]) 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[8]) 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[9]) 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[10]) 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[11]) 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[12]) 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[13]) 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[14]) 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[15]) 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[16]) 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[2].

Source URL: https://investorplace.com/2013/02/13-companies-increasing-dividends-feb-18-22-wmt-ko/

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