Semiconductor Giant Dominates 8 Dividend Stocks Increasing Payouts

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There’s seemingly no stopping the U.S. equity markets these days, and this week brought us yet another round of new all-time highs. Over the past week or so, the market also has brought us a handful of big-name dividend stocks moving to share the wealth with investors by boosting dividends and adding to their dividend yield.

Among the biggest dividend stocks making shareholders happy over the past seven trading sessions are the world’s largest semiconductor maker, a food distribution giant, and one of the world’s largest protein producers.

Here are eight dividend stocks increasing payouts.

Flowers Foods, Inc. (FLO) pumped up the flavor in its quarterly dividend by 10.4% to 13.25 cents per share from 12 cents. The new dividend payment is scheduled for Dec. 19 to shareholders of record as of Dec. 5. No ex-dividend date was provided for FLO shares.
FLO Dividend Yield: 2.39%

General Growth Properties Inc (GGP) enhanced its quarterly dividend by 21.4% to 17 cents per share from 14 cents. The shopping mall REIT will send its new rent payment to shareholders on Jan. 2 to owners of record as of Dec. 15. GGP shares go ex-dividend Dec. 11.
GGP Dividend Yield: 2.59%

Group 1 Automotive, Inc. (GPI) drove a new 11.8% increase into shareholder pockets. The new dividend of 19 cents per share vs. the prior 17 cents will be in investor garages Dec. 15 to shareholders of record as of Dec. 1. GPI shares go ex-dividend Nov. 26.
GPI Dividend Yield: 0.86%

Intel Corporation (INTC) is one of the biggest tech companies in the world, and this week the chipmaker increased the power of its quarterly dividend by 6.7% to 24 cents per share from 22.5 cents. The company made the announcement during its latest analyst conference where it also increased its outlook for 2015. Intel did not provide dates for the increased payout, although it did say the new dividend will begin next quarter.
INTC Dividend Yield: 2.7%.

Johnson Controls Inc (JCI) sells all kinds of devices used to regulate temperature, operate industrial equipment and monitor security systems. This week the company turned up the heat on its quarterly payout by 18% to 26 cents per share from per share from 22 cents. The new dividend is scheduled for payment on Jan. 5 to shareholders of record as of Dec. 12. JCI goes ex-dividend Dec. 10.
JCI Dividend Yield
: 2.05%

La-Z-Boy Incorporated (LZB) makes comfortable furniture, but this week the company added to the comfort of shareholders by increasing its quarterly payment by 33% to 8 cents per share from 6 cents. The cozier dividend will be paid Dec. 10 to shareholders of record as of Nov. 28. Shares go ex-dividend on Nov. 25.
LZB Dividend Yield: 0.94%

SYSCO Corporation (SYY) distributes food and food services products, but this week it also announced it would distributed a fatter dividend. The company upped its quarterly payout 3.4% to 30 cents per share from 29 cents. The higher-calorie dividend is payable Jan. 23 to shareholders of record as of Jan. 2. The stock goes ex-dividend on Dec. 30.
SYY Dividend Yield: 3.02%

Tyson Foods, Inc. (TSN) produces chicken, pork and beef for a protein-hungry world. The company also now produces more nutritious dividends, as it boosted the quarterly dividend 33.3% to 10 cents per share from the previous payment of 7.5 cents. The beefier payout will be sent March 13 to shareholders of record as of Feb. 27 (TSN shares become ex-dividend on Feb. 25). The increase will also apply to the previously announced dividend to be paid on Dec. 15 to shareholders of record as of Dec. 1 (TSN shares become ex-dividend for this payout on Nov. 26).
TSN Dividend Yield: 0.95%

As of this writing, Jim Woods did not hold a position in any of the aforementioned securities.


Article printed from InvestorPlace Media, https://investorplace.com/2014/11/semiconductor-giant-dominates-8-dividend-stocks-increasing-payouts/.

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