The market push to the upside just keeps coming, and the number of dividend stocks increasing payouts keeps rising.
This week, we had a baker’s dozen worth of high-profile dividend stocks moving to make shareholders happy, including a giant food maker, a pharmaceutical wholesaler, a cosmetics giant and several energy-related firms.
Here are 13 dividend stocks increasing payouts.
AmerisourceBergen (ABC) sent a 17.2% bigger dividend dose to shareholders, with the dividend rising to 34 cents per share from 29 cents. The drug wholesaler’s new payment will be sent Dec. 1 to shareholders of record as of Nov. 16. ABC shares will become ex-dividend on Nov. 12.
ABC Dividend Yield: 1.19%
CDW Corporation (CDW) sold enough IT gear to give a 59.3% increase to its quarterly dividend, raising it to 10.75 cents per share from 6.75 cents. The computer equipment seller will boot up its new dividend on Dec. 10 to shareholders of record as of Nov. 25. The stock becomes ex-dividend on Nov. 23.
CDW Dividend Yield: 0.99%
Estée Lauder Companies (EL) put on a new shade of dividend lipstick that is 25% brighter, to 30 cents per share from 24 cents. The cosmetic giant’s new payment is payable on Dec. 15 to shareholders of record as of Nov. 30. EL shares go ex-dividend on Nov. 25.
EL Dividend Yield: 1.4%
Emerson Electric (EMR) increased the voltage on its dividend by 1.1% to 47.5 cents per share from 47 cents. The electrical-payment-products maker will make its new dividend payable Dec. 10 to shareholders of record as of Nov. 13. EMR will go ex-dividend Nov. 3. |
EMR Dividend Yield: 3.86%
Enbridge Inc. (ENB) pumped through a 30.3% increase in its quarterly payment, to 46.5 cents per share from 35.7 cents. The pipeline operator’s new dividend will arrive in shareholder accounts on Dec. 1 to owners of record as of Nov. 16. ENB shares become ex-dividend on Nov. 12.
ENB Dividend Yield: 4.78%
Kimco (KIM) added 6.3% to the rent it pays shareholders, to 25.5 cents per share from 24 cents. The retail REIT will make its new dividend available on Jan. 15 to shareholders of record as of Jan. 4. KIM shares become ex-dividend as of Dec. 30.
KIM Dividend Yield: 3.9%
Kraft Heinz Company (KHC) added 4.5% more fiscal flavor to its dividend, boosting the payment to 57.5 cents per share from 55 cents. The packaged-food behemoth’s new quarterly payment will begin on Nov. 20 to shareholders of record as of Nov. 16. The shares will become ex-dividend on Nov. 12.
KHC Dividend Yield: 3.19%
Macquarie Infrastructure Corporation (MIC) added 1.8% more to its payout to $1.13 from $1.11. The basic materials wholesaler will send its new payment on Nov. 18 to shareholders of record as of Nov. 13. MIC shares will become ex-dividend on Nov. 10.
MIC Dividend Yield: 5.78%
NVIDIA (NVDA) processed a 17.9% increase in its quarterly payment to 11.5 cents per share from 9.75 cents. The computer-graphics-chip maker will sharpen its dividend image on Dec. 14 to shareholders of record as of Nov. 20. NVDA will become ex-dividend on Nov. 18.
NVDA Dividend Yield: 1.46%
Six Flags (SIX) gave its shareholders an 11.5% faster fiscal ride, to 58 cents per share from 52 cents. The theme park operator’s new dividend will debut on Dec. 14 to shareholders of record as of Dec. 2. The stock will become ex-dividend on Nov. 30.
SIX Dividend Yield: 4.51%
TransCanada Corp (TRP) pumped 25.3% more power through its dividend pipeline to 50 cents per share from 39.9 cents. The pipeline and energy company will make its new dividend payable on Jan. 29 to shareholders of record as of Dec. 31. TRP shares will become ex-dividend on Dec. 29.
TRP Dividend Yield: 6.27%
Vectren Corporation (VVC) delivered 5.3% more dividend power to shareholders, up to 40 cents per share from 38 cents. The diversified utilities company will make its new payment available on Dec. 1 to shareholders of record as of Nov. 16. VVC shares will become ex-dividend on Nov. 12.
VVC Dividend Yield: 3.8%
Whole Foods Market (WFM) added 3.8% more to its dividend payment, to 13.5 cents per share from 13 cents. The organic-food seller’s new payment will be available on Jan. 26 to shareholders of record as of Jan. 15. Whole Foods shares will become ex-dividend on Jan. 13.
WFM Dividend Yield: 1.74%
As of this writing, Jim Woods did not hold a position in any of the aforementioned securities.
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