Stocks enjoyed another solid week of gains, but maybe the bigger story was the performance of large-cap dividend stocks such as those in the Dow Jones and S&P 500 in October.
The Dow actually had its best one-month performance in four years, and the major averages now trade at or very near their respective 52-week highs.
Last week’s gains were a nice backdrop to a host of big dividend stocks increasing payouts. Among the bevy of big name dividend stocks increasing payouts were an iconic coffee seller, several large-cap industrial dividend stocks, an insurance giant and two brokerage firms.
Here are nine dividend stocks increasing payouts:
Aflac (AFL) increased its dividend policy by 5.1% to 41 cents per share from 39 cents. The insurance giant’s new dividend payment will begin Dec. 1 for shareholders of record as of Nov. 18. Aflac shares will become ex-dividend on Nov. 16.
AFL Dividend Yield: 2.55%
Honeywell (HON) sounded the dividend alarm for shareholders in a positive way, approving a 15% increase in the company’s quarterly payout. The diversified technology giant will up its dividend to 59.5 cents per share from 51.75 cents, with that higher payment to be delivered Dec. 10 to shareholders of record as of Nov. 20. HON shares become ex-dividend on Nov. 18.
HON Dividend Yield: 2.29%
Huntington Ingalls Industries (HII) powered up its quarterly dividend payout by 25% to 50 cents per share from 40 cents. The shipbuilding company of Northrop Grumman will set its new payment sailing on Dec. 11 to shareholders of record as of Nov. 27. The stock will become ex-dividend on Nov. 24.
HII Dividend Yield: 1.69%
Oshkosh Corporation (OSK) increased the fortification on its quarterly payment by 11.8% to 19 cents per share from 17 cents. The heavy vehicle manufacturer for the military, emergency and commercial companies will deliver its stronger dividend on Nov. 30 to shareholders of record as of Nov. 16. No official ex-dividend date was provided.
OSK Dividend Yield: 1.81%
Simon Properties Group (SPG) increased the rent it pays to shareholders by 3.2% to $1.60 per share. The giant retail mall REIT will make its new payment available on Nov. 30 to shareholders of record as of Nov. 16. 2015. The shares will become ex-dividend on Nov. 12.
SPG Dividend Yield: 3.14%
Starbucks Corporation (SBUX) poured a 25% bigger cup of quarterly dividends to 20 cents per share from 16 cents. The venti income cup will be available on Nov. 27 to shareholders of record as of Nov. 12. SBUX shares will go ex-dividend on Nov. 9.
SBUX Dividend Yield: 1.28%
TD Ameritrade Holding Corporation (AMTD) increased the dividend commission it pays shareholders by 13.3% to 17 cents per share from 15 cents. The brokerage firm’s new quarterly cash dividend is payable on Nov. 24 to shareholders of record as of Nov. 10. AMTD shares will become ex-dividend on Nov. 6.
AMTD Dividend Yield: 1.91%
Waddell & Reed Financial (WDR) boosted its quarterly dividend appeal by 7% to 46 cents per share from 43 cents. The brokerage and investment firm’s new payment will be sent Feb. 1 to shareholders of record as of Jan. 11. Waddell shares become ex-dividend on Jan. 7.
WDR Dividend Yield: 4.94%
Waste Connections (WCN) recycled and processed its quarterly dividend, increasing the value by 11.5% to 14.5 cents per share from 13 cents. The waste disposal and recycling company will make its new dividend payable Nov. 23 to shareholders of record as of Nov. 9. WCN shares will become ex-dividend on Nov. 5.
WCN Dividend Yield: 1.07%
As of this writing, Jim Woods did not hold a position in any of the aforementioned securities.
