Now that we’re back into the swing of the earning season, many expect an increased numbers of companies raising dividends … and this past week delivered. Several retailers helped lead the way, along with two financials and two energy-related companies.
In all, 9 companies made it onto our Companies Increasing Dividends list this week. (Note: all dividend yields as of 12:00 p.m.)
Independent investment company BlackRock (NYSE:BLK) raised its quarterly dividend 12% to $1.68 per share payable March 25 to shareholders of record at the close of business on March 7.
Dividend Yield: 2.58%
Oil and gas reservoir management services provider Core Laboratories (NYSE:CLB) raised its quarterly dividend 14.2% to 32 cents per share payable on Feb. 2, to shareholders of record on Jan. 22.
Dividend Yield: 1.13%
Regional bank holding company Enterprise Bancorp (NASDAQ:EBTC) raised its quarterly dividend 4.5% to 11.5 cent per share payable on March 1 to shareholders of record as of Feb. 8.
Dividend Yield: 2.75%
General merchandise discount retailer Family Dollar (NYSE:FDO) raised its quarterly dividend 24% to 26 cents per share effective with the declaration of the next quarterly dividend.
Dividend Yield: 1.44%
Premium sports equipment retailer Finish Line (NASDAQ:FINL) raised its quarterly dividend 17% to 7 cents per share payable March 18 to shareholders of record as of March 1.
Dividend Yield: 1.56%
Energy transportation and distribution company Kinder Morgan (NYSE:KMI) raised its quarterly dividend 19% to 37 cents per share payable on Feb. 15, to shareholders of record as of Jan. 31.
Dividend Yield: 3.98%
Energy services company Oneok Partners (NYSE:OKE) raised its quarterly dividend 9% to 36 cents per share payable Feb. 14, to shareholders of record at the close of business Jan. 31. Since January of 2006, the company has increased its dividend 15 times, representing a 157% increase during that period.
Dividend Yield: 3.08%
Container board and paper packaging company Packing Corporation of America (NYSE:PKG) raised its quarterly dividend 25% to 31.25 cents per share payable on April 15, to shareholders of record as of March 15.
Dividend Yield: 3.14%
Diversified utility and energy company Wisconsin Energy (NYSE:WEC) raised its quarterly dividend 13% to 34 cents per share payable March 1, 2913 to stockholders of record on February 14, 2013.
Dividend Yield: 3.58%
Marc Bastow is an Assistant Editor at InvestorPlace.com. As of this writing he did not hold a position in any of the aforementioned securities. For more payout winners, see previous weeks’ list of Companies Increasing Dividends.
