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4 Companies Increasing Dividends

Pharma giant Pfizer let the way by boosting its payout


Companies Increasing DividendsIn an understandably slow week for dividend news, four companies made it into our Companies Increasing Dividends list.

With the holiday’s coming up over the next week, anticipation is focused more on any new companies that decide to provide one-time “special” dividends by year-end.

Global engineering, construction and services company KBR (NYSE:KBR) raised its dividend 60% to 8 cents per share payable on April 15 to shareholders of record as of March 15.
Dividend Yield: 1.08%

Global biopharmaceutical giant Pfizer (NYSE:PFE) raised its quarterly dividend 9% to 24 cents per share payable March 5, to shareholders of record at the close of business on Feb. 1. The first-quarter 2013 cash dividend will be the 297th consecutive quarterly dividend paid by Pfizer.
Dividend Yield: 3.81%

Retail real estate investment trust Realty Income (NYSE:O) raised its monthly dividend 2% to just over 15 cents per share payable on Jan. 15, to shareholders of record by Jan. 1. This is the 69th dividend increase since it went public in 1994.
Dividend Yield: 4.47%

Rent-to-own operator Rent-a-Center (NASDAQ:RCII) raised its quarterly dividend 31% to 21 cents per share payable on Jan. 24, to common stockholders of record as of the close of business on Jan. 3.
Dividend Yield: 2.38%

For more payout winners, see previous weeks’ list of Companies Increasing Dividends.

Marc Bastow is an Assistant Editor at As of this writing he does not hold a position in any of the aforementioned securities.

Article printed from InvestorPlace Media,

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