Mastercard’s Early Gift: 12 Companies Increasing Dividends

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

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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