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DUK Leads a Lean Week: 6 Companies Increasing Dividends

Insurance giant Hartford provides a 50% boost for investors


Companies Increasing DividendsWith the end of the second quarter closing in, it was a slow week for dividend increase announcements on Wall Street.

Utility Duke Energy (DUK) led a small group of six companies that made it into our Companies Increasing Dividends list this week. (Note: Dividend yields as of June 28.)

North Carolina-based energy giant Duke Energy raised its quarterly dividend 2% to 78 cents per share, payable on Sept. 16 to shareholders of record as of Aug. 16. The payout represents Duke’s sixth consecutive annual increase.
DUK Dividend Yield: 4.6%

Regional bank holding company Glacier Bancorp (GBCI) raised its quarterly dividend 7% to 15 cents per share, payable on July 18 to shareholders of record as of July 9.
GBCI Dividend Yield: 2.68%

Global audio products and electronics manufacturer Harman International (HAR) raised its quarterly dividend 100% to 30 cents per share. The quarterly payment will be made in September; however, no dividend dates have been announced.
HAR Dividend Yield: 2.21%

Insurance and financial services company Hartford Financial Services (HIG) raised its quarterly dividend 50% to 15 cents per share, payable on Oct. 1. No record or ex-dividend dates have been set.
HIG Dividend Yield: 1.95%

Slot-machine maker International Game Technology (IGT) raised its quarterly dividend 50% to 9 cents per share, payable July 5 to shareholders of record as of June 20.
IGT Dividend Yield: 2.16%

Hawaii-based cargo ship carrier Matson (MATX) raised its quarterly dividend 6.6% to 16 cents per share, payable Sept. 15 to shareholders of record as of Aug. 1.
MATX Dividend Yield: 2.56%

Marc Bastow is an Assistant Editor at 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.

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