It was another big week for earnings as many of the markets most storied companies reported results.
By far the biggest of the dividend stocks increasing payouts this week was Apple Inc. (NASDAQ:AAPL), but when Apple is involved, it’s always going to be the biggest fish in any pond.
How much did these and the other dividend stocks increasing payouts, give back to shareholders? Here’s the detailed dividend “tale of the tape.”
Apple Inc. (NASDAQ:AAPL) issued a new version of its dividend operating system, increasing the fiscal power of its payout by 10.6% to 52 cents per share from 47 cents. The new dividend is payable May 14 to shareholders of record as of May 11. AAPL shares become ex-dividend on May 7.
AAPL Dividend Yield: 1.65%
BB&T Corporation (NYSE:BBT) upped its dividend 12.5% to 27 cents per share from 24 cents. The financial holding company giant will make the new payment on June 1 to shareholders of record as of May 15. BBT stock will become ex-dividend May 13.
BBT Dividend Yield: 2.83%
Capital One Financial Corp. (NYSE:COF) moved to answer the question, “What’s in your wallet?” with the answer to shareholders of a 33.3% bigger dividend. The credit card issuer increased its quarterly dividend to 40 cents per share from 30 cents. The new payment will be available May 21 to shareholders of record as of May 11. COF shares will go ex-dividend on May 7.
COF Dividend Yield: 1.47%
Comerica Incorporated (NYSE:CMA) upped its quarterly dividend by a penny, or 5%, to 21 cents per share from 20 cents. The regional financial services and banking firm will make the new payment July 7 to shareholders of record as of June 15. CMA stock goes ex-dividend on June 11.
CMA Dividend Yield: 1.70%
International Business Machines Corp. (NYSE:IBM) recalculated its quarterly payment to shareholders, upping the dividend 18.2% to $1.30 per share from $1.10. Big Blue’s newly enhanced payment will be made June 10 to shareholders of record as of May 8. IBM shares go ex-dividend May 6.
IBM Dividend Yield: 2.54%
Legg Mason Inc (NYSE:LM) is a leading financial asset management company, and this week it announced it would manage to increase its quarterly dividend payment by 25% to 20 cents per share form 16 cents. No payment dates were yet available for the new dividend.
LM Dividend Yield: 1.47%
ManpowerGroup Inc. (NYSE:MAN) is a staffing and outsourcing firm, and this week it told shareholders it would staff-up its semi-annual dividend by 63.3% to 80 cents per share from 49 cents. The new dividend is payable June 15 to shareholders of record as of June 1. Manpower shares will be ex-dividend on May 28.
MAN Dividend Yield: 1.15%
Metlife Inc (NYSE:MET) wrote a new insurance policy for investors, as the insurance giant added 7.1% to the premium it pays shareholders. The new dividend of 37.5 cents per share vs. the prior payment of 35 cents will be sent on June 12 to shareholders of record as of May 11. MET stock becomes ex-dividend on May 7.
MET Dividend Yield: 2.70
Public Storage (NYSE:PSA) moved to add plenty of fiscal storage to shareholders, as the property REIT upped its payment 21.4% to $1.70 per share from $1.40. The new dividend will be paid on June 30 to shareholders of record as of Jun 15. PSA goes ex-dividend on June 11.
PSA Dividend Yield: 2.92%
SunTrust Banks, Inc. (NYSE:STI) is a retail banking and financial services holding company for its namesake enterprise, and this week it moved to make shareholders 20% sunnier with a new dividend of 24 cents per share from 20 cents. The new dividend is payable June 15 to shareholders of record as of May 29. STI stock goes ex-dividend May 27.
STI Dividend Yield: 1.93%
UGI Corp (NYSE:UGI) is a natural gas and energy distribution company, and this week it said it would distribute 4.6% more energy to shareholders via its penny increase in dividend payment to 22.75 cents per share from 21.75 cents. The new dividend is payable July 1 to shareholders of record as of June 15. UGI goes ex-dividend June 11.
UGI Dividend Yield: 2.50%
Wells Fargo & Co (NYSE:WFC) added 7.1% to its fiscal stagecoach, upping the quarterly payment to 37.5 cents per share from 35 cents. The money center banking giant will make the new payment delivery on June 1 to shareholders of record as of May 8. Shares will go ex-dividend May 6.
WFC Dividend Yield: 2.54%
W W Grainger Inc (NYSE:GWW) is a wholesale supplier of maintenance and repair supplies to industry, and this week it said it would supply shareholders with an 8.3% bigger dividend to $1.17 per share from $1.08. The new dividend is payable on June 1 to shareholders of record as of May 11. GWW goes ex-dividend May 7.
GWW Dividend Yield: 1.74%
As of this writing, Jim Woods was long AAPL.
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