Nike Tops 7 Dividend Stocks Increasing Payouts

NKE, LZB, SYY lead income-payout performers

Stocks shrugged off the threat of global terrorism last week, as the major indices powered higher some 3%-plus nearly across the board.

Nike Tops 7 Dividend Stocks Increasing PayoutsThe gains in many high-profile dividend stocks took the lead this week, and included in that group were seven dividend stocks increasing payouts.

This week’s bevy of big performers included an athletic shoe and apparel giant, a food distribution behemoth and a furniture maker/retailer.

Here are seven dividend stocks increasing payouts.

Agilent Technologies (A) took a scientific look at its fiscal condition and diagnosed the need for a 15% increase in its quarterly dividend, to 11.5 cents per share from 10 cents. The scientific and technical instruments maker will pay its new dividend on Jan. 27 to shareholders of record as of Jan. 5. Agilent shares will become ex-dividend on Dec. 31.
A Dividend Yield: 1.17%

Aramark (ARMK) specializes in services such as food delivery, facilities and uniforms. Last week the company refitted shareholders with a 10.1% bigger dividend, to 9.5 cents per share from 8.63 cents. The newly enhanced dividend will be available on Dec. 19 to shareholders of record as of Nov. 30. Aramark stock will go ex-dividend on Nov. 25.
ARMK Dividend Yield: 1.16%

Johnson Controls (JCI) turned up the dials on its quarterly payment by 11.5%, to 29 cents per share from 26 cents. The automotive instrument and control-devices maker will rev up the new dividend on Jan. 5 to shareholders of record as Dec. 11. Johnson shares go ex-dividend on Dec. 9.
JCI Dividend Yield: 2.52%

La-Z-Boy (LZB) leaned back and made shareholders 25% more comfortable with an increase in its quarterly dividend to 10 cents per share from 8 cents. The furniture maker and retailer’s new payment will be available for shareholders to lounge in on Dec. 10, provided they are owners of record as of Nov. 30. LZB shares will be ex-dividend on Nov. 25.
LZB Dividend Yield: 1.51%

Motorola Solutions (MSI) boosted the power on its quarterly payout by 20.6% to 41 cents per share from 34 cents. The communications technology and equipment maker will transmit its new dividend on Jan. 15 to shareholders of record as of Dec. 15. MSI goes ex-dividend on Dec. 11.
MSI Dividend Yield: 2.27%

Nike (NKE) added a 14.3% bigger swoosh to its Class A and Class B Common Stock, upping its dividend to 32 cents per share on a presplit basis from 28 cents. The athletic shoe and apparel giant’s new dividend will be fitted on Jan. 4 to shareholders of record as of Dec. 9. Nike shares will also split 2-for-1. NKE will become ex-dividend on Dec. 7.
NKE Dividend Yield: 0.96%

Sysco Corporation (SYY) distributed a 3.3% tastier dividend to 31 cents per share from 30 cents. The world’s largest broadline food distributor will set its new dividend table Jan. 22 to shareholders of record as of Jan. 8. Sysco’s shares will become ex-dividend on Jan. 6.
SYY Dividend Yield: 3.03%

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

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