TJX Companies Inc (TJX) and Nasdaq Inc (NDAQ) Power 6 Dividend Stocks Increasing Payouts

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Stocks enjoyed another solid week of gains, and along the way, the S&P 500 managed to fight its way back into positive territory to finish out Q1. That’s remarkable, especially after the worst start to a year in history. Helping to lead the way back in the second half of the quarter were dividend stocks, many of which continued to increase their respective dividend payouts despite the broad-market volatility.

TJX Companies Inc (TJX) and Nasdaq Inc (NDAQ) Power 6 Dividend Stocks Increasing PayoutsLast week was no exception, as another handful of high-profile dividend stocks increased their payouts, including a discount retail chain operator and a major financial exchange.

Here are six dividend stocks increasing payouts.

Banner Corporation (BANR) changed the banner on its quarterly cash dividend by 17% to 21 cents per share from 18 cents. The regional bank holding company servicing the Pacific Northwest region will pay its new dividend April 20 to shareholders of record as of April 11. Banner shares become ex-dividend on April 7.
BANR Dividend Yield: 2%

City Holding Company (CHCO) upped its dividend by 1 cent, or 2%, to 43 cents per share from 42 cents. The bank holding company for City National Bank of West Virginia will make its new dividend payable on April 29 to shareholders of record as of April 15. The shares will go ex-dividend on April 13.
CHCO Dividend Yield: 3.63%

Movado Group, Inc (MOV) changed the value of its quarterly dividend by 18% to 13 cents per share from 11 cents. The company, whose brands include its namesake watches, Ebel, Concord, ESQ and others, will set the timer on its dividend and make that payment on April 26 to shareholders of record as of April 12. The stock becomes ex-dividend on April 8.
MOV Dividend Yield: 1.86%

Mueller Water Products, Inc. (MWA) turned up the spigot on its quarterly dividend by 50% to 3 cents per share from 2 cents. The water infrastructure and flow control products maker said it will make its new payment available May 20 to shareholders of record as of May 10. MWA goes ex-dividend May 6.
MWA Dividend Yield: 1.2%

Nasdaq Inc (NDAQ) made a great dividend trade for shareholders by increasing its quarterly payout 28% to 32 cents per share from 25. The electronic exchange, securities listing and financial clearing company will send its enhanced dividend on June 24 to shareholders of record as of June 10. Nasdaq stock will become ex-dividend on June 8.
NDAQ Dividend Yield: 1.96%

TJX Companies Inc (TJX) raised the price tag on the fiscal merchandise it sends shareholders by 24% to 26 cents per share from 21 cents. The discount retailer and operator of T.J. Maxx, Marshalls, HomeGoods and other discount chains will make its bigger dividend available June 2 to shareholders of record as of May 12. TJX shares will go ex-dividend May 10.
TJX Dividend Yield: 1.32%

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

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Article printed from InvestorPlace Media, https://investorplace.com/2016/04/tjx-tops-6-dividend-stocks-increasing-payouts/.

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