Kinder Morgan, Alaska Air Lead 9 Dividend Stocks Increasing Payouts

Last week’s big news (aside from deflated footballs in Foxboro) was the European Central Bank and its bigger-than-expected quantitative easing-style bond buying scheme.

High Yield Dividend StocksThe move by Mario Draghi and company caused the bulls to pour back into both U.S. and European equities, and that served as a nice backdrop for nine dividend stocks increasing payouts.

Among this week’s stocks were several energy concerns, a well-known airline, an agricultural equipment manufacturer and one of the largest REITs in the country.

Here are nine dividend stocks increasing payouts:

AGCO Corporation (NYSE:AGCO) manufacturers and distributes agricultural equipment, and it has plowed a new 9% higher dividend for shareholders. The company’s increased dividend of 12 cents per share from 11 cents will be paid on March 16 to shareholders of record as of Feb. 16. The stock becomes ex-dividend on Feb. 11.
AGCO Dividend Yield: 1.09%

Alaska Air Group, Inc. (NYSE:ALK) is the holding company for Alaska Airlines and Horizon Air Industries, but there was no holding pattern in the company’s payout to shareholders. ALK sent its dividend soaring by 60% to 20 cents per share from 12.5 cents. The higher-altitude dividend is set for a March 10 takeoff to shareholders of record as of Feb. 24. ALK goes ex-dividend Feb. 20.
ALK Dividend Yield: 1.16%

CMS Energy Corporation (NYSE:CMS) boosted the energy on its quarterly dividend by 7.4% to 29 cents per share from 27 cents. The independent power producer will send out the increased payment Feb. 27 to shareholders of record as of Feb. 6. No ex-dividend date was given for CMS shares.
CMS Dividend Yield: 3.1%

HCI Group Inc (NYSE:HCI) provides property and casualty insurance policies, and this week the company wrote a new dividend policy for shareholders. HCI upped its quarterly payout 9.1% to 30 cents per share from 27.5 cents. The new dividend will be paid March 20 to shareholders of record as of Feb. 20. HCI shares go ex-dividend on Feb. 18.
HCI Dividend Yield: 2.56%

Kinder Morgan Inc (NYSE:KMI) pumped out a 2.3% increase in its quarterly payment to 45 cents per share from 44 cents. The energy transportation, pipeline and storage firm’s new dividend is slated for delivery Feb. 17 to shareholders of record as of Feb 2. KMI becomes ex-dividend Jan. 29.
KMI Dividend Yield: 4.26%

Markwest Energy Partners LP (NYSE:MWE) moved the dial higher on its cash distribution by 1.1% to 90 cents per unit from 89 cents. The natural gas processing and transport firm will deliver the new distribution on Feb. 13 to shareholders of record as of Feb. 5. MWE will go ex-dividend on Feb. 3.
MWE Dividend Yield: 5.94%

Old National Bancorp (NASDAQ:ONB) increased its deposits to shareholders by 9.1% to 12 cents per share from 11 cents. The regional banking firm will pay the new dividend March 16 to shareholders of record as of March 2. ONB shares go ex-dividend on Feb. 26.
ONB Dividend Yield: 3.43%

ONE Gas Inc (NYSE:OGS) pumped out 7.1% more fiscal gas to shareholders, increasing its quarterly dividend by 2 cents per share to 30 cents per share from 28 cents. The new payment will be made on March 2 to shareholders of record as of the close of business Feb. 20. The shares become ex-dividend on Feb. 18.
OGS Dividend Yield: 2.6%

Realty Income Corp (NYSE:O) is one of the premier commercial property REITs in the country, and this week it continued its recent string of dividend increases. Realty Income’s new dividend of 18.9 cents per share is a 3% increase from the prior dividend of 18.34 cents. The new payment will be sent Feb. 17 to shareholders of record as of Feb. 2. O shares become ex-dividend on Jan. 29.
O Dividend Yield: 4.22%

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

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