Mastercard’s Early Gift: 12 Companies Increasing Dividends

by Marc Bastow | December 13, 2013 2:02 pm

Mastercard’s Early Gift: 12 Companies Increasing Dividends

As we head into the upcoming holiday season, companies are getting into the giving mood. And no company was more giving this week than credit card service giant MasterCard (MA[1]). In addition to a giant dividend increase, MA announced a 10:1 dividend split, and a $3.5 billion share repurchase plan. Now that’s the giving spirit!

IncreasingDividends Mastercard's Early Gift: 12 Companies Increasing Dividends [2]Of course, MA wasn’t the only company ladling out holiday cheer. A total of 12 companies made it on to our Companies Increasing Dividends[3] list. (Note: All dividend yields are as of 12/13.)

Advanced communications systems provider Comtech Telecomm (CMTL[4]) raised its quarterly dividend 9.1% to 30 cents per share, payable on Feb. 19 to shareholders of record as of Jan. 17.
CMTL Dividend Yield: 3.75%

Southern California energy holding company Edison International (EIX[5]) raised its quarterly dividend 5.1% to 35.50 cents per share, payable on Jan. 31 to shareholders of record as of Dec. 31.
EIX Dividend Yield: 3.11%

Home security products distributor Fortune Brands Home and Security (FBHS[6]) raised its quarterly dividend 20% to 12 cents per share, payable on March 19 to shareholders of record as of Feb. 28.
FBHS Dividend Yield: 1.13%

Global payments and credit card services company Mastercard (MA[1]) raised its quarterly dividend 83% to 11 cents per share on a post-10:1-per share split, effective Jan. 9. The dividend is payable on Feb. 10 to shareholders of record as of Jan. 9.
MA Dividend Yield: 0.56%

Bank holding company Norwood Financial (NWFL[7]) raised its quarterly dividend 7.1% to 30 cents per share, payable on Feb. 3 to shareholders of record as of Jan. 15.
NWFL Dividend Yield: 4.39%

Retail, industrial, health and fitness and flex-office real estate investment trust (REIT) One Liberty Properties (OLP[8]) raised its quarterly dividend 5.7% to 37 cents per share, payable on Jan. 3 to shareholders of record as of Dec. 27.
OLP Dividend Yield: 7.21%

Commercial real estate holding real estate investment trust (REIT) RAIT Financial (RAS[9]) raised its quarterly dividend 7% to 16 cents per share, payable on Jan. 31 to share holders of record as of Jan. 7.
RAS Dividend Yield: 7.48%

Rent-to-own consumer products company Rent-A-Center (RCII[10]) raised its quarterly dividend 10% to 23 cents per share, payable on Jan. 23 to shareholders of record as of Jan. 3.
RCII Dividend Yield: 2.77%

Investment and fund processing and management company SEI Investments (SEIC[11]) raised its semi-annual dividend 10% 22 cents per share, payable on Jan. 10 to shareholders of record as of Dec. 23.
SEIC Dividend Yield: 1.33%

Senior housing and healthcare properties real estate investment trust (REIT) Ventas (VTR[12]) raised its quarterly dividend 8% to 72.5 cents per share, payable on Dec. 31 to shareholders of record as of Dec. 16.
VTR Dividend Yield: 5.16%

On-the-job maintenance services products manufacturer WD-40 (WDFC[13]) raised its quarterly dividend 10% to 34 cents per share, payable on Jan. 31 to shareholders of record as of Jan. 6.
WDFC Dividend Yield: 1.82%

Build-to-suite properties real estate investment trust (REIT) W.P. Carey (WPC[14]) raised its quarterly dividend 1.2% to 87 cents per share, payable on Jan. 15 to shareholders of record as of Dec. 31. This marks the 51st consecutive annual dividend increase for WPC.
WPC Dividend Yield: 5.67%

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[3].

Endnotes:
  1. MA: http://studio-5.financialcontent.com/investplace/quote?Symbol=MA
  2. [Image]: http://www.investorplace.com/hot-topics/companies-increasing-dividends/
  3. Companies Increasing Dividends: http://www.investorplace.com/hot-topics/companies-increasing-dividends/
  4. CMTL: http://studio-5.financialcontent.com/investplace/quote?Symbol=CMTL
  5. EIX: http://studio-5.financialcontent.com/investplace/quote?Symbol=EIX
  6. FBHS: http://studio-5.financialcontent.com/investplace/quote?Symbol=FBHS
  7. NWFL: http://studio-5.financialcontent.com/investplace/quote?Symbol=NWFL
  8. OLP: http://studio-5.financialcontent.com/investplace/quote?Symbol=OLP
  9. RAS: http://studio-5.financialcontent.com/investplace/quote?Symbol=RAS
  10. RCII: http://studio-5.financialcontent.com/investplace/quote?Symbol=RCII
  11. SEIC: http://studio-5.financialcontent.com/investplace/quote?Symbol=SEIC
  12. VTR: http://studio-5.financialcontent.com/investplace/quote?Symbol=VTR
  13. WDFC: http://studio-5.financialcontent.com/investplace/quote?Symbol=WDFC
  14. WPC: http://studio-5.financialcontent.com/investplace/quote?Symbol=WPC

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