Discover Delivers: 9 Dividend Stocks Increasing Payouts

CSX and PPG add to a growing list of dividend stock payers

   
Discover Delivers: 9 Dividend Stocks Increasing Payouts

Ah, now that’s better. Not only has the weather improved now that spring has (mercifully) arrived, earnings season is bringing out dividend stock increases, too.

IncreasingDividends Discover Delivers: 9 Dividend Stocks Increasing PayoutsLeading the way was financial services and payment processor Discover Financial (DFS), which put a solid dividend increase into the wallets of its shareholders. Here’s a look at the new dividends being paid out to DFS stock holders, along with improvements from other dividend stocks this week. (Note: All dividend yields are as of April 17.)

Rail transportation services provider CSX (CSX) raised its quarterly dividend 6.67% to 16 cents per share.
Payout Date: June 13
Ex-Dividend Date: May 23
CSX Dividend Yield: 2.27%

Bank card services and payments company Discover Financial (DFS) raised its quarterly dividend 20% to 24 cents per share.
Payout Date: May 22
Ex-Dividend Date: May 6
DFS Dividend Yield: 1.69%

Diversified energy services company Oneok (OKE) raised its quarterly dividend 40% to 56 cents per share.
Payout Date: May 15
Ex-Dividend Date: April 28
OKE Dividend Yield: 3.67%

Protective and decorative coatings producer PPG (PPG) raised its quarterly dividend 9.83% to 67 cents per share.
Payout Date: June 12
Ex-Dividend Date: May 8
PPG Dividend Yield: 1.34%

Industrial and consumer packaging products manufacturer Sonoco (SON) raised its quarterly dividend 3.22% to 32 cents per share.
Payout Date: June 10
Ex-Dividend Date: May 14
SON Dividend Yield: 3.04%

Midstream natural gas and natural liquid gas partnership Targa Resources Corp.  (TRGP) raised its quarterly dividend 6.58% to 64.75 cents per share.
Payout Date: May 16
Ex-Dividend Date: April 24
TRC Dividend Yield: 2.43%

Targa Resources Partners (NGLS) increased its quarterly dividend 2.01% to 76.25 cents per share. With a yield of nearly 5%, NGLS came in with the highest dividend yield for our dividend stocks this week.
Payout Date: May 15
Ex-Dividend Date: April 24
NGLS Dividend Yield: 4.97%

The biggest percentage increase among our dividend stocks this week came from New Jersey-based bank holding company Two Rivers Bancorp (TRCB), which raised its quarterly dividend 50% to 3 cents per share.
Payout Date: May 30
Ex-Dividend Date: May 7
TRCB Dividend Yield: 1.48%

Home appliance manufacturer and distributor Whirlpool (WHR) raised its quarterly dividend 20% to 75 cents per share.
Payout Date: June 15
Ex-Dividend Date: May 14
WHR Dividend Yield: 1.95%

Marc Bastow is an Assistant Editor at InvestorPlace.com. As of this writing he is long CSX. For more dividend stocks increasing payouts, see previous weeks’ lists of Companies Increasing Dividends.


Article printed from InvestorPlace Media, http://investorplace.com/2014/04/dividend-stocks-csx-ppg-dfs/.

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