by Marc Bastow | June 14, 2013 2:11 pm
Another solid week of dividend increases included some big names making moves for investors. Construction equipment manufacturing giant Caterpillar (CAT[1]), along with retailer Target (TGT[2]) led our list, while SeaWorld (SEAS[3]) initiated a new dividend.
[4]In all, 7 companies made it onto our list of Companies Increasing Dividends[5] for the week of June 10. (Note: dividend yields are as of June 14.)
Dependable Dividend Stock[6] C.R. Bard (BCR[7]), a manufacturer and distributor of medical and diagnostic patient care devices, raised its quarterly dividend 5% to 21 cents per share, payable Aug. 2 to shareholders of record on July 22.
BCR Dividend Yield: 0.76%
Construction and mining equipment manufacturer Caterpillar (CAT[1]) raised its quarterly dividend 15.4% to 60 cents per share, payable Aug. 20 to shareholders of record July 22.
CAT Dividend Yield: 2.85%
Specialty finance company CYS Investments (CYS[8]) raised its quarterly dividend 6% to 34 cents per share, payable July 17 to shareholders of record as of June 15.
CYS Dividend Yield: 12.58%
Jet aircraft replacement parts and components maker HEICO (HEI[9]) raised its semiannual dividend 17% to 7 cents per share, payable on July 22 to shareholders of record on July 8.
HEI Dividend Yield: 0.27%
Sorbent products manufacturer Oil-Dri (ODC[10]) raised its quarterly dividend 6% to 19 cents per share, payable on Aug. 30 to shareholders of record as of Aug. 16.
ODC Dividend Yield: 2.77%
Theme park and entertainment company SeaWorld (SEAS[3]) initiated a dividend plan[11], starting with a quarterly payout of 20 cents per share per quarter, payable July 1 for shareholders of record on June 20.
SEAS Dividend Yield: 2.13%
Discount retail giant Target (TGT[2]) raised its quarterly dividend 19.4% to 43 cents per share, payable Sept. 10 to shareholders of record on Aug. 21.
TGT Dividend Yield: 2.49%
Marc Bastow is an Assistant Editor at InvestorPlace.com. 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[5].
Dividend Stocks[12]
Source URL: https://investorplace.com/2013/06/seaworld-jumps-in-7-companies-increasing-dividends-seas-cat-tgt-june-10-14/
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