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Goldman Sachs Opens the Vault: 18 Companies Increasing Dividends

GS, ABT among businesses lifting the income investor community

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IncreasingDividends Goldman Sachs Opens the Vault: 18 Companies Increasing DividendsThe government might have been in shutdown mode during the week of Oct. 14, but for much of Wall Street, it was still business as usual, and we saw a brisk week of dividend increases.

Helping to lead the way were a healthcare giant, one of America’s largest investment banks and a diversified energy blue chip. In all, 18 companies made it onto our Companies Increasing Dividends list for the week. (Note: All yields are as of Oct. 18):

Healthcare products and pharmaceuticals manufacturer Abbott Laboratories (ABT) raised its quarterly dividend 57% to 22 cents per share, payable Feb. 15, 2014, to shareholders of record as of Jan. 15. This is the 42nd consecutive annual increase in ABT’s dividend.
ABT Dividend Yield: 2.37%

Plastic compounds and resins manufacturer A. Schulman (SHLM) raised its quarterly dividend 3% to 20 cents per share, payable Nov. 4 to shareholders of record as of Oct. 28.
SHLM Dividend Yield: 2.51%

Sturgeon Bay, Wis.-based bank Baylake (BYLK) raised its quarterly dividend 14.2% to 7 cents per share, payable Dec. 2 to shareholders of record as of Nov. 11.
BYLK Dividend Yield: 2.60%

Diversified insurance company Brown & Brown (BRO) raised its quarterly dividend 11.1% to 10 cents per share, payable Nov. 13 to shareholders of record as of Oct. 30. This is the 20th consecutive annual increase in BRO’s dividend.
BRO Dividend Yield: 1.21%

Food and household products distributor B&G Foods (BGS) raised its quarterly dividend 3.1% t0 33 cents per share, payable Jan. 30, 2014, to shareholders of record as of Dec. 31, 2013.
BGS Dividend Yield: 3.77%

Infection protection and control company Cantel Medical (CMN) raised its semiannual dividend 21.6% to 4.5 cents per share, payable Jan. 31, 2014, to shareholders of record as of Jan. 17.
CMN Dividend Yield: 0.26%

Nitrogen and phosphate fertilizer manufacturer CF Industries (CF) raised its quarterly dividend 150% to $1 per share, payable Nov. 29 to shareholders of record as of Nov. 15.
CF Dividend Yield: 1.85%

Investment management company Eaton Vance (EV) raised its quarterly dividend 10% to 22 cents per share, payable Nov. 13 to shareholders of record as of Oct. 31.
EV Dividend Yield: 2.2%

Midstream energy services MLP Enterprise Products Partners (EPD) raised its quarterly distribution 6.2% to 69 cents per share, payable Nov. 7 to unitholders of record as of Oct. 31. The increase is the 37th consecutive quarterly rise in the distribution.
EPD Distribution Yield: 4.41%

Investment bank Goldman Sachs (GS) raised its quarterly dividend 10% to 55 cents per share, payable Dec. 30 to shareholders of record as of Dec. 2.
GS Dividend Yield: 1.39%


Article printed from InvestorPlace Media, http://investorplace.com/2013/10/companies-increasing-dividends-abt-gs-kmi/.

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