Lockheed Dividend Soars: 10 Companies Increasing Dividends

by Marc Bastow | September 27, 2013 3:16 pm

After last week’s banner performance[1] in which 17 companies increased dividends, this week’s action was a little slower, but packed a big punch. Among the companies rewarding shareholders were management consulting giant Accenture (ACN[2]), defense contractor Lockheed (LMT[3]), and prepared-foods icon Campbell’s (CPB[4]).

IncreasingDividends Lockheed Dividend Soars: 10 Companies Increasing Dividends [5]A total of 10 companies made it onto our Companies Increasing Dividends[6] list for the week. (Note: All yields are as of September 27.)

Global management consultant Accenture (ACN[2]) raised its semi-annual dividend 14.8% to 93 cents per share, payable on Nov. 15 to shareholders of record as of Oct. 8, with an ex-dividend date of October 4.
ACN Dividend Yield: 2.55%

Agricultural and industrial nutrients producer Agrium (AGU[7]) raised its quarterly dividend 50% to 75 cents per share, payable on Oct. 17 to shareholders of record as of Sept. 30.
AGU Dividend Yield: 3.54%

Agribusiness and land management company Alico (ALCO[8]) raised its quarterly dividend 50% to 12 cents per share, payable on Jan. 14, 2014 to shareholders of record as of Dec. 31, 2013.
ALCO Dividend Yield: 1.11%

Washington-based bank holding company Banner (BANR[9]) raised its quarterly dividend 25% to 15 cents per share, payable on Oct. 16 to shareholders of record as of Oct. 7.
BANR Dividend Yield: 1.57%

Financial institutions holding company Bank of South Carolina (BKSC[10]) raised its dividend 8.3% to 13 cents per share, payable on Oct. 31 to shareholders of record as of Oct. 7.
BKSC Dividend Yield: 3.72%

Branded convenience soup maker Campbell (CPB[4]) raised its dividend 7.6% to 31.2 cents per share, payable on Oct. 28 to shareholders of record as of Oct. 8, with an ex-dividend date of October 4.
CPB Dividend Yield: 3.05%

Family-style service restaurant purveyor Frisch’s (FRS[11]) raised its quarterly dividend 12.5% to 18 cents per share, payable on Oct. 10 to shareholders of record as of Sept. 26.
FRS Dividend Yield: 3.12%

Defense and aerospace giant Lockheed Martin (LMT[3]) raised its quarterly dividend 16% to $1.33 per share, payable on Dec. 27 to shareholders of record as of Dec. 2.
LMT Dividend Yield: 4.13%

Liquid filtration, separation and purification systems provider Pall (PLL[12]) increased its quarterly dividend 10% to 27.5 cents per share, payable on Nov. 8 to shareholders of record as of Oct.18.
PLL Dividend Yield: 1.42%

Pet products and services provider PetSmart (PETM[13]) raised its quarterly dividend 18% to 19.5 cents per share, payable on Nov. 15 to shareholders of record as of Nov. 1.
PETM Dividend Yield: 1.03%

Marc Bastow is an Assistant Editor at InvestorPlace.com. As of this writing he did not hold a position in any of the aforementioned securities. For more payout winners, see previous weeks’ lists of Companies Increasing Dividends[14].

Endnotes:
  1. last week’s banner performance: http://investorplace.com/2013/09/dividend-increases-week-of-september-16-msft-mcd-txn-yum-hst/
  2. ACN: http://studio-5.financialcontent.com/investplace/quote?Symbol=ACN
  3. LMT: http://studio-5.financialcontent.com/investplace/quote?Symbol=LMT
  4. CPB: http://studio-5.financialcontent.com/investplace/quote?Symbol=CPB
  5. [Image]: http://www.investorplace.com/hot-topics/companies-increasing-dividends/
  6. Companies Increasing Dividends: http://www.investorplace.com/hot-topics/companies-increasing-dividends/
  7. AGU: http://studio-5.financialcontent.com/investplace/quote?Symbol=AGU
  8. ALCO: http://studio-5.financialcontent.com/investplace/quote?Symbol=ALCO
  9. BANR: http://studio-5.financialcontent.com/investplace/quote?Symbol=BANR
  10. BKSC: http://studio-5.financialcontent.com/investplace/quote?Symbol=BKSC
  11. FRS: http://studio-5.financialcontent.com/investplace/quote?Symbol=FRS
  12. PLL: http://studio-5.financialcontent.com/investplace/quote?Symbol=PLL
  13. PETM: http://studio-5.financialcontent.com/investplace/quote?Symbol=PETM
  14. Companies Increasing Dividends: http://www.investorplace.com/hot-topics/companies-increasing-dividends/

Source URL: http://investorplace.com/2013/09/dividend-increases-week-of-september-23-lmt-acn-cpb-alco-banr/
Short URL: http://invstplc.com/1fr844g