A slew of mixed earnings reports were released over the past week. Investor sentiment remains particularly fragile with uncertainty related to the U.S. Presidential election and the future trajectory of interest rates and global monetary stimulus. These factors were enough to nudge the S&P 500 Index slightly lower on the week, even despite dozens of dividend stocks increasing their payouts.
Ten notable companies increased their dividends over the last week, including two midstream energy companies, two real estate investment trusts, a major communications company, a large integrated energy business and a leading semiconductor manufacturer.
Here are ten dividend stocks increasing payouts.
AT&T Inc. (NYSE:T) grew its quarterly dividend from 48 cents per share to 49 cents, representing a modest boost of 2%. The media and communications giant will pay out its higher dividends to shareholders of record as of Jan. 10 on Feb. 1. T shares will trade ex-dividend on Jan. 6.
T Dividend Yield: 5.33%
Chevron Corporation (NYSE:CVX) moved its quarterly dividend higher by 1 cent, increasing it by 1% from $1.07 per share to $1.08. The integrated oil and gas company will pay its higher dividend to shareholders of record as of Nov. 18 on Dec. 12. CVX shares trade ex-dividend on Nov. 16.
CVX Dividend Yield: 4.16%
VF Corp (NYSE:VFC) boosted its quarterly dividend by 14%, raising it from 37 cents per share to 42 cents. Dividends will be paid from the fashion apparel and footwear manufacturer and marketer on Dec. 19 to shareholders of record as of Dec. 9. VFC shares become ex-dividend on Dec. 7.
VFC Dividend Yield: 3.08%
Brixmor Property Group Inc (NYSE:BRX) increased its quarterly dividend by 6% to 26 cents per share from 24.5 cents. Shareholders of record as of Jan. 5 will receive dividends from the shopping center real estate investment trust on Jan. 17. The company’s shares will go ex-dividend on Jan. 3.
BRX Dividend Yield: 3.77%
American Electric Power Company Inc (NYSE:AEP) hiked its quarterly dividend by 5%, raising its payment from 56 cents per share to 59 cents. Shareholders of record as of Nov. 10 will receive dividends from the electric utility company on Dec. 9. AEP shares will be ex-dividend on Nov. 8.
AEP Dividend Yield: 3.71%
Buckeye Partners, L.P. (NYSE:BPL) raised its quarterly dividend up from $1.2125 per share to $1.225, representing a 1% increase. The midstream energy partnership will pay out its higher dividends to shareholders of record as of Nov. 15 on Nov. 22. BPL shares will trade ex-dividend on Nov. 10.
BPL Dividend Yield: 7.42%
EQT Midstream Partners LP (NYSE:EQM) raised its quarterly dividend by 5%, increasing it from 78 cents per share to 81.5 cents. The provider of midstream energy transmission and storage services will pay its higher dividend to shareholders of record as of Nov. 4 on Nov. 14. EQM shares will trade ex-dividend on Nov. 2.
EQM Dividend Yield: 4.29%
TD Ameritrade Holding Corp. (NASDAQ:AMTD) increased its quarterly dividend by 6%, raising its payment by a penny to 18 cents per share from 17 cents. The provider of security brokerage services will pay shareholders of record as of Nov. 8 on Nov. 22. The stock’s shares trade ex-dividend on Nov. 4.
AMTD Dividend Yield: 2.10%
Duke Realty Corp (NYSE:DRE) announced a 6% raise to its quarterly dividend, bringing its payout up from 18 cents per share to 19 cents. The diversified industrial real estate investment trust will send its higher dividends out on Nov. 30 to shareholders of record as of Nov. 16. DRE shares will trade ex-dividend on Nov. 14.
DRE Dividend Yield: 2.82%
Texas Instruments Incorporated (NASDAQ:TXN) rewarded shareholders with a 32% raise to its quarterly dividend, increasing it from 38 cents per share to 50 cents. Shareholders of record as of Nov. 7 will receive their higher dividends on Nov. 21 from the analog semiconductor manufacturer. The company’s shares will be ex-dividend on Nov. 3.
TXN Dividend Yield: 2.80%
As of this writing, Simply Safe Dividends was long AEP.
