50 Blue-Chip Stocks Increasing Dividends in Q2 2013

These big names now feature even bigger quarterly payouts

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50 Blue-Chip Stocks Increasing Dividends in Q2 2013
Potash Corp. of Saskatchewan (POT)*
New Payout % Increase Yield as of 6/30 Payment date Record date
$0.35/share 28% 3.67% Aug. 2 July 12
* Goes ex-dividend July 10
PPG Industries (PPG)
New Payout % Increase Yield as of 6/30 Payment date Record date
$0.61/share 3% 1.67% June 12 May 1

PPG Industries’ (PPG) small increase to its payout marked the 42nd year in a row that the paints and coatings company has hiked its quarterly dividend — a dividend that it has paid out uninterrupted since 1899. That easily keeps PPG Industries among our Dependable Dividend Stocks.

Procter & Gamble (PG)
New Payout % Increase Yield as of 6/30 Payment date Record date
$0.6015/share 7.7% 3.13% May 15 April 26
Safeway (SWY)
New Payout % Increase Yield as of 6/30 Payment date Record date
$0.20/share 14% 3.38% July 11 June 20
Southwest Airlines (LUV)
New Payout % Increase Yield as of 6/30 Payment date Record date
$0.04/share 300% 1.24% June 26 June 5

The people’s champion of airlines, Southwest (LUV), has doubly rewarded investors this year, not only racking up share appreciation of about 25%, but also announcing in May that its quarterly payout would reach a much higher altitude. Specifically, its payout has gone from 1 cent to 4 cents quarterly.

Target (TGT)*
New Payout % Increase Yield as of 6/30 Payment date Record date
$0.43/share 19.4% 2.5% Sept. 10 Aug. 21
* Goes ex-dividend Aug. 19
Tiffany & Co. (TIF)
New Payout % Increase Yield as of 6/30 Payment date Record date
$0.34/share 6% 1.87% July 10 June 20
TJX Companies (TJX)
New Payout % Increase Yield as of 6/30 Payment date Record date
$0.145/share 26% 1.16% June 6 May 16
UnitedHealth Group (UNH)
New Payout % Increase Yield as of 6/30 Payment date Record date
$0.28/share 31.8% 1.71% June 21 June 14

UnitedHealth Group (UNH) announced its first dividend increase as a member of the Dow Jones Industrial Average in early June, capping a strong first half for the medical insurance titan. UNH shares trumped the Dow’s roughly 14% return with 21% gains, despite the company’s April announcement of a double-digit YOY decline in first-quarter earnings.

U.S. Bancorp (USB)
New Payout % Increase Yield as of 6/30 Payment date Record date
$0.23/share 18% 2.54% July 15 June 28
Viacom (VIAB)
New Payout % Increase Yield as of 6/30 Payment date Record date
$0.30/share 11% 1.76% July 1 June 14
Whirlpool (WHR)
New Payout % Increase Yield as of 6/30 Payment date Record date
$0.625/share 25% 2.19% June 15 May 1

Appliance-maker Whirlpool (WHR) tripped a bit in mid-June following a 52-week period in which shares more than doubled, though the stock’s 12% year-to-date gains still match the S&P 500. The 25% increase to the payout to 62.5 cents per share marks WHR’s first change to its dividend since early 2011, when it went from 43 cents to 50 cents.

W.W. Grainger (GWW)
New Payout % Increase Yield as of 6/30 Payment date Record date
$0.93/share 16% 1.48% June 1 May 13
Xcel Energy (XEL)
New Payout % Increase Yield as of 6/30 Payment date Record date
$0.28/share 3.7% 3.95% July 20 June 20

Kyle Woodley is the Deputy Managing Editor of InvestorPlace.com. As of this writing, he did not hold a position in any of the aforementioned securities. Follow him on Twitter at @IPKyleWoodley.

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

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