ADP Delivers Again: 10 Companies Increasing Dividends

Pudential, Sysco also bump their payouts to shareholders

   
ADP Delivers Again: 10 Companies Increasing Dividends

This week’s dividend action pales in comparison to last week’s 23 companies raising dividends. However, we still saw a fair share of dividend increases, led by dividend stalwart ADP (ADP) — the company’s 39th consecutive annual increase. Chemical giant LynondellBasell (LYN) also joined the dividend movers. In total, 10 companies made it on to our Companies Increasing Dividends list. (Note: All dividend yields are as of 11/15.)

IncreasingDividends ADP Delivers Again: 10 Companies Increasing DividendsPayroll and human resources services company ADP (ADP) raised its dividend 10% to 48 cents per share, payable on Jan. 1 to shareholders of record as of Dec. 13. The increase marks the 39th consecutive annual dividend increase for ADP.
ADP Dividend Yield: 2.50%

Retirement and insurance planning company Lincoln National (LNC) raised its quarterly dividend 33% to 16 cents per share, payable on Feb. 1 to shareholders of record as of Jan. 10.
LNC Dividend Yield: 1.29%

Independent chemical company LyondellBasell (LYB) raised its quarterly dividend 20% to 60 cents per share, payable on Dec. 9 to shareholders of record as of Nov. 21.
LYB Dividend Yield: 3.06%

Commercial office property real estate investment trust Parkway Properties (PKY) raised its quarterly dividend 25% to 18.75 cents per share, payable on Dec. 26 to shareholders of record as of Dec. 12.
PKY Dividend Yield: 4.31%

Wireless industry solutions provider PC Tel (PCTI) raised its quarterly dividend 14.3% to 4 cents per share, payable on Feb. 14, 2014 to shareholders of record as of Feb. 7.
PCTI Dividend Yield: 1.46%

Financial services company Prudential (PRU) raised its quarterly dividend 33% to 53 cents per share, payable on Dec. 19 to shareholders of record as of Nov. 26.
PRU Dividend Yield: 2.41%

Food products distributor Sysco (SYY) raised its quarterly dividend 3.6% to 29 cents per share, payable on Jan. 24 to shareholder of record as of Jan. 3.
SYY Dividend Yield: 3.45%

Storage solutions provider Western Digital (WDC) raised its quarterly dividend 20% to 30 cents per share, payable on Jan. 15 to shareholders of record Dec. 27.
WD Dividend Yield: 1.61%

Bank holding company United Bankshares (UBSI) raised its quarterly dividend 0.8% to 32 cents per share, payable on Jan 2. No ex-dividend date was announced.
UBSI Dividend Yield: 4.12%

Martins Ferry, Ohio-based bank holding company United Bancorp (UBCP) raised its quarterly dividend 12.5% to 8 cents per share, payable on Dec. 20 to shareholders of record as of Nov. 27.
UCBP Dividend Yield: 4.41%

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.


Article printed from InvestorPlace Media, http://investorplace.com/2013/11/companies-increasing-dividends-adp-lyb-wdc/.

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