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50 Blue-Chip Stocks Increasing Dividends in Q1 2013

These big names now feature even bigger quarterly payouts

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Qualcomm (QCOM)
New Payout % Increase Yield as of 3/29 Payment date Record date
$0.35/share 40% 1.49% TBA TBA

Qualcomm‘s (NASDAQ:QCOM) yield has never been much to crow about, but the company’s dividend has come a long way since its initial 2.5-cent payout in 2003. The most recent increase is one of its biggest in years, and comes as the company’s stock once again tries to attack all-time highs set in spring 2012.

Raytheon (RTN)
New Payout % Increase Yield as of 3/29 Payment date Record date
$0.55/share 18% 3.74% May 2 April 3
Sherwin-Williams (SHW)
New Payout % Increase Yield as of 3/29 Payment date Record date
$0.50/share 28% 1.18% March 8 Feb. 25
SunTrust (STI)
New Payout % Increase Yield as of 3/29 Payment date Record date
$0.10/share 100% 1.38% TBA TBA

The fed’s most recent stress-test results looked favorably upon a number of banks that subsequently jacked up their payouts, and large regional SunTrust (NYSE:STI) is among those ranks. STI announced a 50% improvement to its dividend to 10 cents — its second increase since its payout declined from a high of 77 cents quarterly to 1 cent during the financial crisis.

Texas Instruments (TXN)
New Payout % Increase Yield as of 3/29 Payment date Record date
$0.28/share 33% 3.16% May 20 April 30
UPS (UPS)
New Payout % Increase Yield as of 3/29 Payment date Record date
$0.62/share 8.8% 2.89% March 12 Feb. 25
Walmart (WMT)
New Payout % Increase Yield as of 3/29 Payment date Record date
$0.47/share 18% 2.51% April 1 March 12

For all the concerns of the effect of the payroll tax holiday expiration, higher gas prices and other economic worries, Walmart (NYSE:WMT) has done all right for itself, gaining 10% year-to-date and 23% in the past year. The company recently announced better-than-expected earnings and provided a substantial kick to the dividend.

Waste Management (WM)
New Payout % Increase Yield as of 3/29 Payment date Record date
$0.365/share 18% 3.72% March 22 March 11
WellPoint (WLP)
New Payout % Increase Yield as of 3/29 Payment date Record date
$0.375/share 30% 2.26% March 25 March 8
Wells Fargo (WFC)*
New Payout % Increase Yield as of 3/29 Payment date Record date
$0.30/share 20% 2.70% TBA TBA
$0.25/share 14% March 1 Feb. 1
*Wells Fargo increased its dividend twice during the period

The bank’s so nice, it rewarded shareholders twice! That’s right, Wells Fargo (NYSE:WFC) — which has solidified its books since the financial crisis and been aided by an improving housing market — announced two payout increases during the past three months, stretching its payout from an original 22 cents last year to 30 cents in the upcoming quarter — good for a combined 36% improvement!

Williams-Sonoma (WSM)
New Payout % Increase Yield as of 3/29 Payment date Record date
$0.31/share 41% 2.41% May 24 April 26

Kyle Woodley is the Deputy Managing Editor of InvestorPlace.com. As of this writing, he did not hold a position in any of the aforementioned securities. Follow him on Twitter at @IPKyleWoodley.

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Article printed from InvestorPlace Media, http://investorplace.com/2013/03/50-blue-chip-stocks-increasing-dividends-in-q1-2013/.

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