The disastrous 2016 market start has been brutal for the bulls, as the S&P 500 has plunged 10% in just the first 10 trading sessions.
Yet while so many investors, and so many companies, have been forced to cower in fear and lick their wounds, that hasn’t stopped some of the biggest dividend stocks from boldly increasing their respective payouts.
Over the past week, six big-name dividend stocks moved to make shareholders happy, including a behemoth financial firm, a leading auto components supplier and two big REITs.
Here are six dividend stocks increasing payouts.
Antero Midstream Partners LP (AM) pushed a bigger distribution through its fiscal pipeline of 22 cents per unit, a 10% increase over the prior payment of 20 cents. The natural gas midstream operations firm will pay its new distribution on Feb. 29 to unitholders of record as of Feb. 15. Antero shares become ex-dividend on Feb. 10.
AM Dividend Yield: 4.3%
BlackRock, Inc (BLK) boosted its dividend by 5% to $2.29 per share from $2.18. The financial management, corporate risk management and diversified investment giant will make its new payment available on March 23 to shareholders of record as of March 7. BlackRock shares will become ex-dividend on March 3.
BLK Dividend Yield: 3.1%
Delphi Automotive PLC (DLPH) retooled its dividend, lifting its payment to 29 cents per share from 25 cents, or a 16% increase. The automotive components and systems maker will install its new dividend on Feb. 29 to shareholders of record as of Feb. 17. DLPH shares go ex-dividend on Feb. 12.
DLPH Dividend Yield: 1.7%
Kaiser Aluminum Corp. (KALU) polished its payout, making its dividend 12.5% shinier, to 45 cents per share from 40 cents. The industrial metals firm will make its new payment available on Feb. 12 to shareholders of record as of Jan. 25. KALU goes ex-dividend on Jan. 21.
KALU Dividend Yield: 2.4%
Omega Healthcare Investors Inc (OHI) added a penny, or 1.8%, to its dividend, increasing it to 57 cents per share. The long-term-care facility REIT will send its new payment on Feb. 16 to shareholders of record as of Feb. 2. Omega shares become ex-dividend on Jan. 29.
OHI Dividend Yield: 6.7%
Realty Income Corp. (O) upped the rent it pays shareholders by 3.9%, to 19.85 cents per share from 19.1 cents. The commercial retail REIT will deliver its new payment on Feb. 16 to shareholders of record as of Feb. 1. O shares will be ex-dividend on Jan. 28.
O Dividend Yield: 4.4%
As of this writing, Jim Woods did not hold a position in any of the aforementioned securities.