HPQ Upgrades Its Yield: 5 Dividend Stocks Increasing Payouts

by Marc Bastow | March 21, 2014 3:12 pm

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[1]), 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[2]) 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[3]), 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[1]) 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[4]) 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[5]) 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 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[6].

  1. HPQ: http://studio-5.financialcontent.com/investplace/quote?Symbol=HPQ
  2. APD: http://studio-5.financialcontent.com/investplace/quote?Symbol=APD
  3. FNV: http://studio-5.financialcontent.com/investplace/quote?Symbol=FNV
  4. RAS: http://studio-5.financialcontent.com/investplace/quote?Symbol=RAS
  5. STLD: http://studio-5.financialcontent.com/investplace/quote?Symbol=STLD
  6. Companies Increasing Dividends: https://www.investorplace.com/hot-topics/companies-increasing-dividends/

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