MSFT, MCD Deliver: 17 Companies Increasing Dividends

YUM and Texas Instruments join in a busy week

   
MSFT, MCD Deliver: 17 Companies Increasing Dividends

With the first two weeks of September behind us, we finally saw a strong burst of activity on the dividend increase front, led by two industry giants. Microsoft (MSFT) rewarded patient investors who’ve watched the stock languish a bit over the year with a big double-digit percentage increase, while McDonald’s (MCD) went the other way, disappointing income investors with a small annual increase.

IncreasingDividends MSFT, MCD Deliver: 17 Companies Increasing DividendsBoth were among 17 companies made it onto our Companies Increasing Dividends for the week of September 16. (Note: All dividend yields are as of September 20):

Regulated public utility holding company Artesian Resources (ARNTA) raised its quarterly dividend 1.5% to 20.88 cents per share, payable on Nov. 22 to shareholders of record as of Nov. 8.
ARNTA Dividend Yield: 3.77%

Aerospace and defense company Air Industries (AIRI) raised its quarterly dividend 100% to 12.5 cents per share, payable on Oct. 15 to shareholders of record as of Sept. 30.
AIRI Dividend Yield: 6.35%

Bank holding company First of Long Island (FLIC) raised its quarterly dividend 4% to 26 cents per share, payable on Oct. 11 to shareholders of record as of Oct. 3.
FLIC Dividend Yield: 2.73%

Hotel property real estate investment trust Host Hotels (HST) raised its quarterly dividend 9% to 12 cents per share, payable on Oct. 15 to shareholders of record as of Sept. 30.
HST Dividend Yield: 2.63%

Electric power holding company Idacorp (IDA) raised its quarterly dividend 13.2% to 43 cents per share, payable on Dec. 2 to shareholders of record as of Nov. 6.
IDA Dividend Yield: 3.57%

Financial bank holding company International Bancshares (IBOC) raised its dividend 15% to 23 cents per share, payable on Oct. 15 to shareholders of record as of Sept. 30.
IBOC Dividend Yield: 2.11%

Closed-end investment company Kayne Anderson (KYN) increased its quarterly dividend 2.6% to 59.5 cents per share, payable on Oct. 11 to shareholders of record as of Oct. 4, with an ex-dividend date of October 2. This represents the 12th consecutive quarterly dividend increase.
KYN Dividend Yield: 6.6%

Grocery and department-store retailer Kroger (KR) raised its quarterly dividend 10% to 16.5 cents per share, payable on Dec. 1 to shareholders of record as of Nov. 15.
KR Dividend Yield: 1.61%

Global restaurant franchise giant McDonald’s (MCD) raised its quarterly dividend 5% to 81 cents per share, payable on Dec. 16 to shareholders of record as of Dec. 2. This is the 37th consecutive annual dividend increase for MCD.
MCD Dividend Yield: 3.33%

Software giant Microsoft (MSFT) raised its quarterly dividend 22% to 28 cents per share, payable on Dec. 12 to shareholders of record as of Nov. 21, with an ex-dividend date of November 19. This is MSFT’s 4th consecutive annual dividend increase.
MSFT Dividend Yield: 3.42%

Poultry processor Sanderson Farms (SAFM) raised its quarterly dividend 17% to 20 cents per share, payable on Oct. 15 to shareholders of record as of Oct. 1.
SAFM Dividend Yield: 1.18%

Global children’s publishing house Scholastic (SCHL) raised its quarterly dividend 20% to 15 cents per share, payable on Dec. 16 to shareholders of record as of Oct. 31.
SCHL Dividend Yield: 2.02%

Semiconductor manufacturer Texas Instruments (TXN) raised its quarterly dividend 7% to 30 cents per share, payable on Nov. 18 to shareholders of record as of Oct. 31.
TXN Dividend Yield: 2.94%

Bank and financial holding company Washington Trust (WASH) raised its quarterly dividend 4% to 26 cents per share, payable on Oct. 11 to shareholders of record as of Sept. 30.
WASH Dividend Yield: 3.35%

Real estate finance and property real estate investment trust W.P. Carey (WPC) raised its quarterly dividend 2.4% to 86 cents per share, payable on Oct. 15 to shareholders of record as of Sept. 30. This is the 50th consecutive quarterly dividend increase for WPC.
WPC Dividend Yield: 5.23%

Quick-service restaurant company Yum! Brands (YUM), which licenses KFC, Taco Bell and Pizza Hut brands, raised its quarterly dividend 10% to 37 cents per share, payable on Nov. 1 to shareholders of record as of Oct. 11. The increase is the 9th consecutive annual double-digit percentage rise in YUM’s dividend.
YUM Dividend Yield: 2.05%

Residential mortgage real estate investment trust Zais Financial (ZFC) raised its quarterly dividend 11% to 50 cents per share, payable on Oct. 11 to shareholders of record as of Sept. 30.
ZFC Dividend Yield: 11.08%

Marc Bastow is an Assistant Editor at InvestorPlace.com. As of this writing he was long MSFT. For more payout winners, see previous weeks’ lists of Companies Increasing Dividends.


Article printed from InvestorPlace Media, http://investorplace.com/2013/09/dividend-increases-week-of-september-16-msft-mcd-txn-yum-hst/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.