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HPQ Upgrades Its Yield: 5 Dividend Stocks Increasing Payouts

Air Products improves on its consecutive annual raise streak


As spring slowly beings to bloom, the number of companies announcing earnings and dividend moves continues to slow down.

dividend-stocks-dividend-yieldThe week’s biggest name was Hewlett-Packard (HPQ), which continued its remarkable turnaround with the announcement of a double-digit bump in its dividend payout, continuing a string of annual dividend increases that started in 2011.

Here’s a look at the new dividend payout for Hewlett-Packard as well as the improvements from other dividend stocks this week.

(Note: All dividend yields are as of March 21)

Atmospheric and specialty gasses supplier Air Products & Chemicals (APD) raised its quarterly dividend 8.5% to 77 cents per share, payable May 12 to shareholders of record April 1. The increase is APD’s 32nd consecutive annual dividend raise.
APD Dividend Yield: 2.50%

The biggest increase among our dividend stocks this week came from gold-focused royalty and stream company Franco-Nevada (FNV), which raised its quarterly dividend 11% to 20 cents per share. The dividend is payable on a as-yet-undetermined date in May.
FNV Dividend Yield: 1.69%

Enterprise computing giant Hewlett-Packard (HPQ) raised its quarterly dividend 10.2% to 16 cents per share. The increase will be effective when the HPQ Board of Directors declares HPQ’s next dividend, which is expected to occur in May.
HPQ Dividend Yield: 1.99%

Commercial real-estate loan originator and real estate investment trust RAIT Financial Trust (RAS) raised its quarterly dividend 6% to 17 cents per share, payable April 30 to shareholders of record as of April 4. At more than an 8% yield, RAS stock has the highest yield on this week’s list of dividend stocks.
RAS Dividend Yield: 8.14%.

Steel producer and metals recycling company Steel Dynamics (STLD) raised its quarterly dividend 5% to 11.50 cents per share, payable April 11 to shareholders of record as of March 31.
STLD Dividend Yield: 2.62%

Marc Bastow is an Assistant Editor at 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.

Article printed from InvestorPlace Media,

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