Thanksgiving is over and now our holiday sights are set on Christmas and the New Year. For investors, there’s nothing better than a little holiday cheer via an increased payout from their favorite dividend stocks, and of course, an accompanying boost in dividend yield.
Over the past fortnight, there was a baker’s dozen of high-profile companies increasing dividends, including an entertainment icon, an athletic wear giant and a food company best known for making Spam.
Here are 13 dividend stocks increasing payouts.
Insurance giant Aetna Inc (AET) increased its quarterly dividend by 11.1% from 22.5 cents to 25 cents per share. The new dividend is payable on Jan. 30 to shareholders of record as of Jan. 15. Aetna shares go ex-dividend Jan. 13.
AET Dividend Yield: 1.12%
Medical device and technology firm Becton, Dickinson and Co. (BDX) increased the dosage on its quarterly dividend by 10.1% from 54.5 cents to 60 cents per share. The new payment will be delivered Dec. 31 to shareholders of record as of Dec. 10. The stock goes ex-dividend Dec. 8.
BDX Dividend Yield: 1.71%
High-tech glass and ceramics manufacturer Corning Incorporated (GLW) polished its quarterly dividend and added 20% more, from 10 cents to 12 cents per share. The new payment will be made on March 31 to shareholders of record as of Feb. 27, 2015. Corning shares go ex-dividend Feb. 25.
CLW Dividend Yield: 2.26%
Specialty chemical manufacturer Eastman Chemical Company (EMN) went into its fiscal lab and came out with a 14.3% more powerful quarterly dividend, from 35 cents to 40 cents per share. The higher-potentcy dividend will be sent out Jan. 2 to shareholders of record as of Dec. 15. The shares become ex-dividend Dec. 11.
EMN Dividend Yield: 1.68%
Ecolab Inc. (ECL) makes a variety of cleaning and sanitation products used in hospitals, food service facilities, and many other industries. The new, sparkling-clean dividend of 33 cents per share is a 20% increase from the prior 27.5 cents. The new payment will be made Jan. 15 to shareholders of record as of Dec. 16. ECL shares go ex-dividend Dec. 12.
ECL Dividend Yield: 1.23%
Meat, poultry and Spam producer Hormel Foods Corp (HRL) added 25% more flavor to its quarterly dividend. The new payment represents a 25% jump from 20 cents to 25 cents per share. The bigger dividend is scheduled for payment on Feb. 17 to shareholders of record as of Jan. 20. Hormel shares become ex-dividend Jan. 15.
HRL Dividend Yield: 1.90%
Credit card company Mastercard Inc (MA) increased its quarterly payout to shareholders by a whopping 45.5% from 11 cents to 16 cents per share. The new dividend will be credited to accounts on Feb. 9 to shareholders of record as of Jan. 9. Mastercard goes ex-dividend Jan. 7.
MA Dividend Yield: 0.72%
Drug and medical therapy maker Merck & Co., Inc. (MRK) added nearly 2.3% to its quarterly dividend, increasing shareholder payments by a penny from 44 cents to 45 cents per share. The higher payout will begin Jan. 8 to shareholders of record as of Dec. 15. Merck shares go ex-dividend Dec. 11.
MRK Dividend Yield: 2.95%
Athletic apparel maker Nike Inc (NKE) boosted the “swoosh” it gives to shareholders, increasing its dividend 16.7% from 24 cents to 28 cents per share. The new payment will appear Jan. 5 to shareholders of record as of Dec. 15. Nike becomes ex-dividend Dec. 11.
NKE Dividend Yield: 1.13%
New York City office property owner SL Green Realty Corp (SLG) enhanced its quarterly dividend appeal by 20% from 50 cents to 60 cents per share. The new payment will be made on Jan. 15 to shareholders of record as of Jan. 2. SL Green shares go ex-dividend on Dec. 30.
SLG Dividend Yield: 2.01%
Medical device maker Stryker Corporation (SYK) added to shareholder wellness, lifting its quarterly dividend 13.1% to 34.5 cents per share from 30.5 cents. The healthier dividend payout is scheduled for Jan. 30 to shareholders of record as of Dec. 31 Stryker shares become ex-dividend on Dec. 29.
SYK Dividend Yield: 1.46%
Paint and coatings company The Valspar Corp (VAL) put a new fiscal coat on its shareholder payout, increasing its dividend 15.4% from 26 cents to 30 cents per share. The brighter dividend shade will appear on Dec. 19 to shareholders of record as of Dec. 8. VAL went ex-dividend on Dec. 4.
VAL Dividend Yield: 1.43%
Entertainment mega-giant Walt Disney Co (DIS) puts smiles on people’s faces every day, but recently it put a big smile on shareholders’ faces with a 33.7% increase in its quarterly dividend from 86 cents to $1.15 per share. The new dividend is payable on Jan. 8 to shareholders of record as of Dec. 15. Mickey Mouse’s shares will go ex-dividend Dec. 11.
DIS Dividend Yield: 1.23%
As of this writing, Jim Woods did not hold a position in any of the aforementioned securities.
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