Retail Stocks Pay It Back: 17 Companies Increasing Dividends

Macy's, Tiffany among stocks sweetening their regular payouts

   
Retail Stocks Pay It Back: 17 Companies Increasing Dividends

A big week of earnings releases translated to a slew of new dividend increases, including ones from a global consumer giant, an iconic retailer and several oil & gas players.

IncreasingDividends Retail Stocks Pay It Back: 17 Companies Increasing DividendsIn all, 17 firms made it onto our Companies Increasing Dividends List this week. (Note: All dividend yields as of May 17.)

Consumer and professional products manufacturer and Dependable Dividend Stock Clorox (NYSE:CLX) raised its quarterly dividend 11% to 71 cents per share, payable Aug. 9 to shareholders of record as of July 24. This is the 36th consecutive year Clorox has raised its annual dividend.
CLX Dividend Yield: 3.27%

Engineered products company Curtiss-Wright (CW) raised its quarterly dividend 11.1% to 10 cents per share, payable July 12 to shareholders of record as of June 28.
CW Dividend Yield: 1.1%

International information services provider FactSet (FDS) raised its quarterly dividend 12.9% to 35 cents per share, payable June 18 to shareholders of record as of May 31.
FDS Dividend Yield: 1.43%

Automobile retailer Group 1 Automotive (GPI) raised its quarterly dividend 6.7% to 16 cents per share, payable June 17 to shareholders of record as of June 3.
GPI Dividend Yield: 1.01%

Air transportation technology solutions provider John Bean Technologies (JBT) raised its quarterly dividend 29% to 9 cents per share, payable June 11 to shareholders of record as of May 28.
JBT Dividend Yield: 1.67%

Climate control solutions provider Lennox (LII) raised its quarterly dividend 20% to 24 cents per share, payable July 15 to shareholders of record as of June 28.
LII Dividend Yield: 1.49%

Department-store retailer Macy’s (M) raised its quarterly dividend 25% to 25 cents per share, payable July 1 to shareholders of record as of June 14.
M Dividend Yield: 2.08%

Natural gas and electric utility NiSource (NI) raised its quarterly dividend 4.2% to 25 cents per share, payable Aug. 20 to shareholders of record as of July 31.
NI Dividend Yield: 3.38%

Defense contractor Northrop Grumman (NOC) raised its quarterly dividend 10.9% to 61 cents per share, payable June 12 to shareholders of record as of May 23.
NOC Dividend Yield: 2.98%

Corrugated products manufacturer Packaging Corporation of America (PKG) raised its quarterly dividend 28% to 40 cents per share, payable July 14 to shareholders of record as of June 14.
PKG Dividend Yield: 3.23%

Fertilizer and industrial feed products firm Potash (POT) raised its quarterly dividend 28% to 35 cents per share, payable Aug. 2 to shareholders of record as of July 12.
POT Dividend Yield: 3.20%

Life insurance and investment services company Protective Life (PL) raised its quarterly dividend 11% to 20 cents per share, payable June 10 to shareholders of record as of May 24.
PL Dividend Yield: 2.07%

Louisville, Ky.-based bank holding company Republic Bancorp (RBCAA) raised its quarterly dividend 7% to 17.6 cents for its Class A shares, payable July 19 to shareholders of record as of June 21.
RBCAA Dividend Yield: 3.08%

National supermarket chain Safeway (SWY) increased its quarterly dividend 14% to 20 cents per share, payable July 11 to shareholders of record as of June 20.
SWY Dividend Yield: 3.16%

Passenger airline operator Southwest Airlines (LUV) raised its quarterly dividend 300% to 4 cents per share, payable June 26 to shareholders of record as of June 5.
LUV Dividend Yield: 1.11%

Luxury retailer Tiffany & Co. (TIF) raised its quarterly dividend 6% to 34 cents per share, payable July 10 to shareholders of record as of June 20.
TIF Dividend Yield: 1.76%

Property and casualty insurance company United Fire Group (UFCS) raised its quarterly dividend 20% to 18 cents per share, payable June 14 to shareholders of record as of May 31.
UFCS Dividend Yield: 2.51%

Marc Bastow is an Assistant Editor at InvestorPlace. 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.


Article printed from InvestorPlace Media, http://investorplace.com/2013/05/17-companies-increasing-dividends-may-13-17-clx-luv-tif/.

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