Millions of People Will Be Blindsided in 2022. Will You Be One of Them?

On December 7, Louis Navellier, Eric Fry & Luke Lango will reveal the major events that will rock the markets in 2022. Will your money be safe?

Tue, December 7 at 7:00PM ET

Chemicals, Payroll Top 4 Dividend Stocks Increasing Payouts

The Dow Jones Industrial Average made another series of new highs this week, and Thursday’s close represented the 25th new all-time high of the year for the Industrials. Indeed, it seems like the early October plunge that took stocks down below their 50- and 200-day moving averages is now all but ancient market history.

BullPromoAmid this bullish backdrop there was another bevy of dividend stocks increasing payouts. This week’s dividend stocks include one of the world’s largest chemical companies and the nation’s leading payroll processing firm.

Here are four dividend stocks increasing payouts.

Uniform supplier Aramark (ARMK) dressed up its quarterly dividend by 15.1% to 8.63 cents per share from 7.5 cents. The new payout will be delivered Dec. 16 to shareholders of record as of Nov. 25. Shares go ex-dividend Nov. 21.
ARMK Dividend Yield: 1.19%

Automatic Data Processing (ADP) is the company that calculates and sends millions of Americans their paychecks every month. This week, the payroll firm increased its paycheck to shareholders from 48 cents per share to 49 cents, or 2.1%. The enhanced dividend will be paid Jan. 1 to shareholders of record as of Dec. 12. ADP shares go ex-dividend on Dec. 10.
ADP Dividend Yield: 2.31%

Dow Chemical (DOW) is a giant in the industrial, agricultural and plastic chemical world, and this week it mixed a new fiscal formula for shareholders in the form of a 13.5% boost in its quarterly dividend. The increase, from 37 cents per share to 42 cents, will be sent on Jan. 30 to shareholders of record as of Dec. 31. The shares go ex-dividend on Dec. 29.
DOW Dividend Yield: 3.30%

Universal Insurance Holdings (UVE) declared a regular quarterly dividend of 10 cents per share, but the homeowner’s insurance company didn’t stop there. UVE also declared a special dividend of 15 cents per share. Both dividends will be paid on Dec. 15 to the shareholders of record as of Dec. 5. Shares go ex-dividend on Dec. 3.
UVE Dividend Yield: 2.14% (does not include special dividend).

As of this writing, Jim Woods did not hold a position in any of the aforementioned securities.

Article printed from InvestorPlace Media,

©2021 InvestorPlace Media, LLC