After a few consecutive weeks of 10-plus companies increasing dividends, this week’s haul feels a little light. In total, four companies ended up on our Companies Increasing Dividends list this week, including one first-timer. (Note: All dividend yields as of May 31.)
Biological medical device company Cryolife (CRY) raised its quarterly dividend 10% to .0275 cents per share, payable on June 21 to shareholders of record June 14.
CRY Dividend Yield: 0.00%
Casualty insurer Eastern Insurance Holdings (EIHI) raised its quarterly dividend 22% to 11 cents per share, payable June 28 to shareholders of record June 14.
EIHI Dividend Yield: 2.39%
Information technologies services company EMC (EMC) initiated its first dividend payout at 15 cents per share, payable July 23 to shareholders of record July 1.
EMC Dividend Yield: 2.42%
Technical products and paper producer Neenah Paper (NP) raised its quarterly dividend 33% to 20 cents per share, payable September 3 to shareholders of record on August 16.
NP Dividend Yield: 2.55%
Marc Bastow is an Assistant Editor of 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.