Sponsored By:

Boeing Dividend Soars: 17 Companies Increasing Dividends

Blue chips rule the week for dividend increases

    View All  

Michigan-based bank holding company Mackinac Financial (MFNC) raised its quarterly dividend 25% to 5 cents per share, payable on Jan. 8 to shareholders of record as of Dec. 30.
MFNC Dividend Yield: 2.1%

Diversified technology company 3M (MMM) raised its quarterly dividend 35% to 85.5 cents per share, payable on Mar. 12 to shareholders of record as of Feb. 14.
MMM Dividend Yield: 2.5%

Credit rating agency Moody’s (MCO) raised its quarterly dividend 12% to 28 cents per share, payable on Mar. 10 to shareholders of record as of Feb. 20.
MCO Dividend Yield: 1.5%

Global biopharmeceutical giant Pfizer (PFE) raised its quarterly dividend 8% to 26 cent per share, payable on Mar. 4 to shareholders of record as of Feb. 7.
PFE Dividend Yield: 3.4%

Decorative gifts and products distributor Pier 1 (PIR) raised its quarterly dividend 20% to 6 cents per share, payable on Feb. 5 to shareholders of record as of Jan. 22.
PIR Dividend Yield: 1.1%

Radio frequency products manufacturer and distributor Roper (ROP) raised its quarterly dividend 21% to 20 cents per share, payable on Jan. 14 to shareholders of record as of Jan. 10. This marks the 21st consecutive rise in Roper’s annual dividend.
ROP Dividend Yield: 0.6%

Property management, financing and construction real estate investment trust (REIT) SL Green (SLG) raised its quarterly dividend 51.5% to 50 cents per share, payable on Jan. 15 to shareholders of record as of Dec. 31.
SLG Dividend Yield: 2.2%

Single-tenent industrial properties real estate investment trust (REIT) Stag Industrial (STAG) raised its annual dividend 5% to $1.26 per share. The first monthly payment is payable on Feb. 17 to shareholders of record as of Jan. 31.
STAG Dividend Yield: 6.4%

Investment services and shareholder services administrator Waddell & Reed (WDR) raised its quarterly dividend 21% to 34 cents per share, payable on Feb. 3 to shareholders of record as of Jan. 13.
WDR Dividend Yield: 2.2%

Animal health care and vaccine manufacturer Zoetis (ZTS) raised its quarterly dividend 11% to 7.2 cents per share, payable on Mar. 4 to shareholders of record as of Jan. 30.
ZTS Dividend Yield: 0.8%

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/companies-increasing-dividends-t-ba-mmm/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.