While the markets continued to rally this week — with the Dow Jones setting new record levels and the S&P 500 looking as if it could break its all-time closing high today — the past few days have fairly quiet on the dividend front. In all, only 4 companies managed to make our Companies Raising Dividends list this week. (Note: All dividend yields are as of March 22):
Washington state-based bank holding company Banner (NASDAQ:BANR) raised its quarterly dividend 1,100% to 12 cents per share, payable April 15 to common shareholders of record on April 5.
BANR Dividend Yield: 1.51%
FC2 female condom manufacturer and distributor The Female Health Company (NASDAQ:FHCO) raised its dividend 17% to 7 cents per share, payable May 8 to shareholders of record as of May 1.
FHCO Dividend Yield: 3.91%
Industrial products manufacturer Raven Industries (NASDAQ:RAVN) raised its quarterly dividend 14% to 12 cents per share, payable April 25 to shareholders of record on April 10, marking its 27th consecutive annual cash dividend increase.
RAVN Dividend Yield:1.42
Bank holding company Washington Federal (NASDAQ:WAFD) raised its quarterly dividend 12.5% to 9 cents per share, payable April 19 to shareholders of record as of April 5.
WAFD Dividend Yield: 2.06%
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.