It was another strong week for dividend stocks raising payouts, continuing a nice streak that has helped investors through the earnings season. Leading the way was Home Depot (HD), which announced its 108th consecutive quarterly payout for the do-it-yourself home improvement retailer.
Here’s a look at the new dividend payout for Home Depot as well as the improvements from other dividend stocks this week.
(Note: All dividend yields are as of Feb. 28)
Specialty chemicals developer, manufacturer and distributor Albemarle (ALB) raised its quarterly dividend 15% to 27.5 cents per share, payable April 1 to shareholders of record as of March 14.
ALB Dividend Yield: 1.66%
Branded shelf-stable foods distributor B&G Foods (BGS) raised its quarterly dividend 3% to 34 cents per share, payable April 30 to shareholders of record as of March 31. With a yield of more than 4.5%, BGS stock has the highest yield on this week’s list of dividend stocks.
BGS Dividend Yield: 4.52%
Boiler, radiator, air conditioning and furnace manufacturer Burnham Holdings (BURCA) raised its quarterly dividend 11% to 21 cents per share, payable March 18 to shareholders of record as of March 11.
BURCA Dividend Yield: 4.3%
Property and casualty insurance holding company Chubb (CB) raised its quarterly dividend 13.6% to 50 cents per share, payable April 1 to shareholders of record as of March 14.
CB Dividend Yield: 2.28%
Waste disposal and energy management holding company Covanta (CVA) raised its quarterly dividend 9% to 18 cents per share, payable April 2 to shareholders of record as of March 26.
CVA Dividend Yield: 4.10%
Savings and loan holding company Flushing Financial (FFIC) raised its quarterly dividend 15% to 15 cents per share, payable March 28 to shareholders of record as of March 7.
FFIC Dividend Yield: 2.86%
Power management company Eaton (ETN) raised its dividend 16.7% to 49 cents per share, payable March 21 to shareholders of record as of March 10.
ETN Dividend Yield: 2.6%
Specialty papers and and fiber-based materials manufacturer P.H. Glatfelter (GLT) raised its quarterly dividend 10% to 11 cents per share, payable May 1 to shareholders of record as of April 3.
GLT Dividend Yield: 1.44%
The biggest increase among our dividend stocks this week comes from home improvement company Home Depot (HD), which raised its quarterly dividend 21% to 47 cents per share, payable March 27 to shareholders of record as of March 13.
HD Dividend Yield: 2.28%
Fashion specialty retailer Nordstrom (JWN) raised its quarterly dividend 10% to 33 cents per share, payable March 25 to shareholders of record as of March 10.
JWN Dividend Yield: 2.15%
Off-price apparel and and home fashion chain Ross Stores (ROST) raised its quarterly dividend 18% to 20 cents per share, payable March 31 to shareholders of record as of March 10.
ROST Dividend Yield: 1.15%
Crude oil and petroleum products seaborne transportation company Scorpio Tankers (STNG) raised its quarterly dividend 14% to 8 cents per share, payable March 26 to shareholders of record as of March 11.
STING Dividend Yield: 3.27%
California-based utility holding company Sempra Energy (SRE) raised its quarterly dividend 5% to 66 cents per share, payable April 15 to shareholders of record as of March 27.
SRE Dividend Yield: 2.80%
Cardiovascular medical device designer and manufacturer St. Jude Medical (STJ) raised its quarterly dividend 8% to 27 cents per share, payable April 30 to shareholders of record as of March 31.
STJ Dividend Yield: 1.60%
Financial products and services bank TD Bank (TD) raised its quarterly dividend 9.3% to 47 cents per share, payable April 30 to shareholders of record as of April 3.
TD Dividend Yield: 4.13%
Full service restaurant group Texas Roadhouse (TXRH) raised its quarterly dividend 25% to 15 cents per share, payable April 4 to shareholders of record as of March 19.
TRXH Dividend Yield: 2.25%
Charleston, West Virginia-based bank holding company United Bancshares (UBSI) raised its quarterly dividend 3.2% to 32 cents per share, payable April 1 to shareholders of record as of March 14. The increase represents the 40th consecutive annual dividend increase by UBSI.
UBSI Dividend Yield: 4.30%
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 dividend stocks increasing payouts, see previous weeks’ lists of Companies Increasing Dividends.
