With earnings season now in full swing, the uptick in dividend stocks declaring dividend increases marches on. Indeed, thirteen dividend stocks increased their payouts over the past week, including a big surprise from copier-turned document management company Xerox (XRX), who surprised shareholders with a sturdy dividend raise.
Here’s a look at the new dividend being paid to Xerox shareholders, along with improvements from other dividend stocks over the week of January 20.
(Note: All dividend yields are as of Jan. 24.)
Insurance brokerage and third-party claims settlement claims company Arthur J. Gallagher (AJG) raised its quarterly dividend 3% to 36 cents per share, payable on Mar. 20 to shareholders of record as of Mar. 4.
AJG Dividend Yield: 3.00%
Bar Harbor, Maine-based bank holding company Bar Harbor Bankshares (BHB) raised its quarterly dividend 1.6% to 32.5 cents per share, payable on Mar. 14 to shareholders of record as of Feb. 15.
BHB Dividend Yield: 3.37%
Bank holding company Cardinal Financial (CFNL) raised its quarterly dividend 33% to 8 cents per share, payable on Feb. 24 to shareholders of record as of Feb. 6.
CFNL Dividend Yield: 1.88%
Domestic energy delivery company CenterPoint Energy (CNP) raised its quarterly dividend 14.5% to 23.75 cents per share, payable on Mar. 10 to shareholders of record as of Feb. 14.
CNP Dividend Yield: 4.05%
Michigan-based energy company CMS Energy (CMS) raised its quarterly dividend 6% to 27 cents per share, payable on Feb. 28 to shareholders of record as of Feb. 7.
CMS Dividend Yield: 4.02%
Dallas, Texas-based financial services company Comerica (CMA) raised its quarterly 12% to 19 cents per share, payable on Apr. 1 to shareholders of record as of Mar. 14.
CMA Dividend Yield: 1.59%
Wellhead compression products manufacturer Compressco Partners (GSJK) raised its quarterly dividend 1.7% to 43.75 cents per share, payable on Feb. 14 to shareholders of record as of Jan. 31.
GSJK Dividend Yield: 7.60%
Oil and gas energy holding company Energen (EGN) raised its quarterly dividend 3.4% to 15 cents per share, payable on Mar. 3 to shareholder of record as of Feb. 14.
EGN Dividend Yield: 0.86%
Integrated life sciences company Meridian Biosciences (VIVO) raised its quarterly dividend 5.3% to 20 cents per share, payable on Feb. 14 to shareholders of record as of Feb. 3.
VIVO Dividend Yield: 3.22%
Marietta, Ohio-based bank holding company Peoples Bancorp (PEBO) raised its quarterly dividend 7% to 15 cents per share, payable on Feb. 18 to shareholders of record as of Feb. 3.
PEBO Dividend Yield: 2.60%
Railroad operator Norfolk Southern (NSC) raised its quarterly dividend 3.8% to 54 cents per share, payable on Mar. 10 to shareholders of record as of Feb. 7.
NSC Dividend Yield: 2.37%
Independent petroleum refining and marketing company Valero (VLO) raised its quarterly dividend 11.1% to 25 cents per share, payable on Mar. 12 to shareholders of record as of Feb. 12.
VLO Dividend Yield: 2.03%
Diversified business process outsourcing company Xerox (XRX) raised its quarterly dividend 8.7% to 6.25 cents per share, payable on April 30 to shareholders of record as of Mar. 31.
XRX Dividend Yield: 2.17%
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 dividend stocks increasing payouts, see previous weeks’ lists of Companies Increasing Dividends.
