DUK Leads a Lean Week: 6 Companies Increasing Dividends

by Marc Bastow | June 28, 2013 2:30 pm

DUK Leads a Lean Week: 6 Companies Increasing Dividends

IncreasingDividends DUK Leads a Lean Week: 6 Companies Increasing Dividends[1]With the end of the second quarter closing in, it was a slow week for dividend increase announcements on Wall Street.

Utility Duke Energy (DUK[2]) led a small group of six companies that made it into our Companies Increasing Dividends[3] 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[4]) 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[5]) 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[6]) 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[7]) 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[8]) 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 InvestorPlace.com. 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[3].

Endnotes:
  1. [Image]: http://investorplace.com/hot-topics/companies-increasing-dividends/
  2. DUK: http://studio-5.financialcontent.com/investplace/quote?Symbol=DUK
  3. Companies Increasing Dividends: http://investorplace.com/hot-topics/companies-increasing-dividends/
  4. GBCI: http://studio-5.financialcontent.com/investplace/quote?Symbol=GBCI
  5. HAR: http://studio-5.financialcontent.com/investplace/quote?Symbol=HAR
  6. HIG: http://studio-5.financialcontent.com/investplace/quote?Symbol=HIG
  7. IGT: http://studio-5.financialcontent.com/investplace/quote?Symbol=IGT
  8. MATX: http://studio-5.financialcontent.com/investplace/quote?Symbol=MATX

Source URL: http://investorplace.com/2013/06/dividend-increases-week-of-june-24-duk-gbci-har-hig-matx/
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