50 Blue-Chip Stocks Increasing Dividends in Q2 2013

These big names now feature even bigger quarterly payouts

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Cardinal Health (CAH)
new payout % Increase Yield as of 6/30 Payment Date Record Date
$0.3025/share 10% 2.56% July 15 July 1
Caterpillar (CAT)*
New Payout % Increase Yield as of 6/30 Payment Date Record Date
$0.60/share 15.4% 2.91% Aug. 20 July 22
* Goes ex-dividend July 18

Boy, did Caterpillar (CAT) shareholders need this. At -8% year-to-date, the heavy machinery manufacturer is one of just two Dow stocks in the red through 2013′s first six months (Alcoa [AA] is the other, down 10%). Poor pricing in metals and minerals has cramped miners, in turn hurting demand for many CAT products. However, the company did hike its quarterly payout, and also announced a $1 billion stock buyback program.

Chevron (CVX)
new payout % Increase Yield as of 6/30 Payment Date Record Date
$1.00/share 11.5% 3.38% June 10 May 17
Clorox (CLX)*
New Payout % Increase Yield as of 6/30 Payment Date Record Date
$0.71/share 11% 3.42% Aug. 9 July 24
* Goes ex-dividend July 22
Coach (COH)
New Payout % Increase Yield as of 6/30 Payment Date Record Date
$0.3375/share 13% 2.36% July 1 June 7
Costco (COST)
New Payout % Increase Yield as of 6/30 Payment Date Record Date
$0.31/share 12.7% 1.12% May 31 May 17

It’s been a pretty good year for Costco (COST). Shares have gained about 12% year-to-date, the company announced a double-digit percentage increase in its quarterly payout in early May, then later in the month, COST issued a quality earnings report that included improvements in profits, same-store sales and revenues from memberships.

C.R. Bard (BCR)*
New Payout % Increase Yield as of 6/30 Payment Date Record Date
$0.21/share 5% 0.77% Aug. 2 July 22
* Goes ex-dividend July 18
Darden Restaurants (DRI)*
New Payout % Increase Yield as of 6/30 Payment Date Record Date
$0.55/share 10% 4.36% Aug. 1 July 10
* Goes ex-dividend July 8
Duke Energy (DUK)*
New Payout % Increase Yield as of 6/30 Payment Date Record Date
$0.78/share 2% 4.62% Sept. 16 Aug. 16
* Goes ex-dividend Aug. 14
DuPont (DD)
New Payout % Increase Yield as of 6/30 Payment Date Record Date
$0.45/share 5% 3.43% June 12 May 15
EMC (EMC)
New Payout % Increase Yield as of 6/30 Payment Date Record Date
$0.10/share N/A^ 1.69% July 23 July 1
^ First dividend

Back in late May, struggling data storage equipment firm EMC (EMC) reached into its pockets to try to reverse a couple years of stock stagnancy. The company announced its first ever quarterly dividend, a 10-cent-per-share payout, and also boosted its stock buyback plan from $1 billion to $6 billion through the end of 2015.

Exxon Mobil (XOM)
New Payout % Increase Yield as of 6/30 Payment Date Record Date
$0.63/share 11% 2.79% June 10 May 13
Fastenal (FAST)
New Payout % Increase Yield as of 6/30 Payment Date Record Date
$0.20/share 100% 1.75% May 30 May 2

Following a late-2012 dividend glut that included a 21-cent regular dividend and a special 50-cent payout, Fastenal (FAST) announced a smaller 10-cent dividend for Q1 2013. Well, that payout rebounded in Q2, with the company doubling its dividend to 20 cents as its cash reserves situation improved.


Article printed from InvestorPlace Media, http://investorplace.com/2013/07/50-blue-chip-stocks-increasing-dividends-in-q2-2013/.

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