Top 10 Dividend Increases in the First Half of 2013

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MacysDividend Increase: 25%

The retail sector is rebounding nicely through the first half of the year, and Macy’s (M) rewarded shareholders for its own solid performance with a boost in its dividend to 25 cents per share, a nice 2.11% dividend yield. And what a performance it’s been for the venerable retailer: The stock price is up over 20% year-to-date, with strong top- and bottom-line growth sending investors into the stock. It’s all looking very good for a strong showing for the remainder of 2013.

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