Disney Dividend Magic: 19 Companies Increasing Dividends

McCormick, Hormel add to consecutive-year streaks

   

A slow Thanksgiving Week gave way to a more robust week of increased dividends, as companies once again ramped up announcements on the dividend front. Notable companies increasing dividends included Disney (DIS), continuing a four-year streak of annual dividend increases.

Companies Increasing DividendsSpeaking of consecutive dividend increase streaks, food processor Hormel (HRL) increased its dividend for the 48th consecutive year, while spice maker McCormick (MKC) upped its dividend for a 28th consecutive year.

In total, 19 companies made it on to our Companies Increasing Dividends list. (Note: All dividend yields are as of 12/6.)

Regional shopping mall real estate investment trust (REIT) CBL & Associates (CBL) raised its quarterly dividend 6.5% to 24.5 cents per share, payable on Jan. 15 to shareholders of record as of Dec. 30.
CBL Dividend Yield: 5.44%

Privately-branded specialty retailer Chico’s FAS (CHS) raised its quarterly dividend 36% to 7.5 cent per share, payable on Dec. 23 to shareholders of record as of Dec. 9.
CHS Dividend Yield: 1.63%

Worldwide entertainment company Walt Disney (DIS) raised its annual dividend 15% to 86 cents per share, payable on Jan. 16 to shareholders of record as of Dec. 16.
DIS Dividend Yield: 1.21%

Filtration parts and systems manufacturer Donaldson (DCI) raised its quarterly dividend 8% to 14 cents per share, payable on Dec. 20th to shareholders of record as of Dec. 9.
DCI Dividend Yield: 1.33%

Hospitality, foodservice, and healthcare products company Ecolab (ECL) raised its quarterly dividend 20% to 27.50 cents per share, payable on Jan. 15 to shareholders of record as of Dec. 17.
ECL Dividend Yield: 1.00%

Multinational consumer-branded meat distributor Hormel (HRL) raised its quarterly dividend 17.6% to 20 cents per share, payable on Feb. 14 to shareholders of record as of Jan. 22. This marks the 48th consecutive increase to the annual dividend.
HRL Dividend Yield: 1.75%

Global spice manufacturer and distributor McCormick (MKC) raised its quarterly dividend 8.8% to 37 cents per share, payable on Jan. 14 to shareholders of record as of Dec. 31. The increase marks the 28th consecutive increase to the annual dividend.
MKC Dividend Yield: 2.16%

Apartment community property real estate investment trust Mid-America Apartment Communities (MAA) raised its quarterly dividend 5% to 73 cents per share, payable on Jan. 31 to shareholders of record as of Jan. 15.
MAA Dividend Yield: 4.69%

Global healthcare and pharmaceutical giant Merck (MRK) raised its quarterly dividend 2.3% to 44 cents per share, payable on Jan. 8 to shareholders of record as of Dec. 16.
MRK Dividend Yield: 3.57%

Steel and steel products manufacturer Nucor (NUE) raised its quarterly dividend 0.6% to 37 cents per share, payable on Feb. 11 to shareholders of record as of Dec. 31.
NUE Dividend Yield: 2.84%

Diversified financial services company OFG Bancorp (OFG) raised its quarterly dividend 33% to 8 cents per share, payable on Jan. to shareholders of record as of Dec. 31.
OFG Dividend Yield: 1.8%

Energy services provider OGE Energy (OGE) raised its annual dividend 7.8% to 90 cents per share, payable on Jan. 30 to shareholders of record as of January 10.
OGE Dividend Yield: 2.6%

Healthcare services provider Omnicare (OCR) raised its quarterly dividend 43% to 20 cents per share, payable on Dec. 24 to shareholders of record as of Dec. 16.
OCR Dividend Yield: 1.36%

Insurance underwriting company Old Republic (ORI) raised its quarterly dividend 5.8% to 18 cents per share, payable on Dec. 16 to shareholders of record as of Dec. 4.
ORI Dividend Yield: 4.28%

Closed-end investment management company Oxford Lane Capital (OXLC) raised its quarterly dividend 9% to 60 cents per share, payable on Mar. 31 to shareholders of record as of Mar. 17.
OXLF Dividend Yield: 13.97%

Specialized polymer materials manufacturer and distributor PolyOne (POL) raised its quarterly dividend 33% to 8 cents per share, payable on Jan. 9, 2014 to shareholders of record as of Dec. 17.
POL Dividend Yield: 0.97%

Diversified energy and gas holding company RGC Resources (RGCO) raised its quarterly dividend 6.25% to 18.50 cents per share, payable on Feb. 1 to shareholders of record as of Jan. 15.
RGC Dividend Yield: 3.96%

Energy services holding company South Jersey Industries (SJI) raised its quarterly dividend 6.7% to 47.25 cents per share, payable on Dec. 27 to shareholders of record as of Dec. 10. The increase marks the 15th consecutive increase to the annual dividend.
SJI Dividend Yield: 3.41%

Cosmetics maker United-Guardian (UG) raised its semi-annual dividend 13% to 50 cents per share, payable on Dec. 20 to shareholders of record as of Dec. 6. This marks the 37th consecutive annual increase to the dividend.
UG Dividend Yield: 4.86%

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/2013/12/19-companies-increasing-dividends-2-weeks-1125/.

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