Boeing Dividend Soars: 17 Companies Increasing Dividends

by Marc Bastow | December 20, 2013 2:07 pm

Companies ramped up for the holiday this week with a slew of dividend increases, as we headed into what is a traditionally a slow period between Christmas and New Year’s. Blue-Chip stocks in particular started handing out dividend sweets early, with aerospace and defense giant Boeing (BA[1]) upping its dividend 50%, while manufacturing conglomerate 3M (MMM[2]) raised its payout by 35%.

[3]A total of 17 companies joined the list of Companies Increasing Dividends[4] for the week of Dec. 16.  (Note: All dividend yields are as of December 20.)

Global telecommunications giant AT&T (T[5]) increased its quarterly dividend 2.2% to 46 cents per share, payable on Feb. 3 to shareholders of record as of Jan. 10.
T Dividend Yield: 5.3%

Airline and aerospace company Boeing (BA[1]) raised its quarterly dividend 50% to 73 cents per share, payable on Mar. 7 to shareholders of record as of Feb. 14.
BA Dividend Yield: 2.1%

Self-storage facilities real estate investment trust (REIT) operator CubeSmart (CUBE[6]) raised its quarterly dividend 18% to 13 cents per share, payable on Jan. 15 to shareholders of record as of Jan. 2.
YSI Dividend Yield: 3.2%

Energy producer and transporter Dominion (D[7]) raised its quarterly dividend 6.7% to 60 cents per share, payable sometime in March 2014, with a record date also to be determined.
D Dividend Yield: 3.5%

Skilled nursing and rehabilitative services holding company Ensign Group (ENSG[8]) raised its quarterly dividend 7.7% to 7 cents per share, payable on Jan. 31 to shareholders of record as of Dec. 31.
ENSG Dividend Yield: 0.6%

Home and commercial property interior products and furniture manufacturer Herman Miller (MLHR[9]) raised its quarterly dividend 12% to 14 cents per share, payable sometime in April 2014. MLHR did not announce an ex-dividend date as of this writing.
MLHR Dividend Yield: 1.8%

Luxury and up-scale hotel operator and real estate investment trust (REIT) Host Hotels and Resorts (HST[10]) raised its quarterly dividend 8.3% to 13 cents per share, payable on Jan. 15 to shareholders of record as of Dec. 31.
HST Dividend Yield: 2.7%

Michigan-based bank holding company Mackinac Financial (MFNC[11]) 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[2]) 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[12]) 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[13]) 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[14]) 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[15]) 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[16]) 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[17]) 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[18]) 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[19]) 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[20].

Source URL: https://investorplace.com/2013/12/companies-increasing-dividends-t-ba-mmm/

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