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Top 10 Dividend Increases in the First Half of 2013

From Oracle to FedEx, our list of first-half dividend winners

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Federal Express

FedEx (NYSE: FDX)Dividend Increase: 7%

Transportation, logistics and ecommerce giant Federal Express (FDX) is a bit of a laggard in our first-half group, with a single-digit increase that provides investors with a 15-cents-per-share-per-quarter payout, and a minuscule 0.61% dividend payout. The company’s been paying out an incrementally increasing dividend since 2002, so its unlikely it will reduce it in 2014 … but the company is undergoing some structural changes, with 3,600 employees accepting a “voluntary retirement” package and the company retiring 10 aircraft from its fleet. The streamlining is expected to boost revenue in 2014, but the jury is still out on stock performance.

Marc Bastow is an Assistant Editor at As of this writing he did not hold a position in any of the aforementioned securities.

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