Disney Dividend Magic: 19 Companies Increasing Dividends

by Marc Bastow | December 6, 2013 2:03 pm

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[1]), continuing a four-year streak of annual dividend increases.

[2]Speaking of consecutive dividend increase streaks, food processor Hormel (HRL[3]) increased its dividend for the 48th consecutive year, while spice maker McCormick (MKC[4]) upped its dividend for a 28th consecutive year.

In total, 19 companies made it on to our Companies Increasing Dividends[5] list. (Note: All dividend yields are as of 12/6.)

Regional shopping mall real estate investment trust (REIT) CBL & Associates (CBL[6]) 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[7]) 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[1]) 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[8]) 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[9]) 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[3]) 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[4]) 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[10]) 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[11]) 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[12]) 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[13]) 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[14]) 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[15]) 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[16]) 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[17]) 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[18]) 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[19]) 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[20]) 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[21]) 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[5].

Source URL: https://investorplace.com/2013/12/19-companies-increasing-dividends-2-weeks-1125/

---