7 Dividend Stocks Increasing Payouts – PCG OMC BG DCI EXR NTAP WRB

PCG, OMC among the most notable dividend stocks raising their payouts last week

Stocks around the world recorded one of their strongest weeks in more than a month. Investors are feeling more receptive to the Federal Reserve’s indication that an interest rate increase in June is on the table because it demonstrates that the underlying economy is on stable footing. While no one knows what the future holds, a number of companies were confident enough to raise their dividend payouts last week.

7 Dividend Stocks Increasing Payouts - PCG OMC BG DCI EXR NTAP WRBThe notable dividend stocks that raised their payouts last week include a major global advertising agency, a large electric utility company, an insurance business and a leading industrial manufacturer.

Here are seven dividend stocks increasing payouts.

PG&E Corporation (PCG) raised its quarterly dividend by 8% to 49 cents per share from 45.5 cents. The electric utility company will send its dividends out on July 15 to shareholders of record as of June 30. PCG shares trade ex-dividend on June 28.
PCG Dividend Yield: 3.30%

Bunge Ltd (BG) tacked on four pennies to its quarterly dividend, raising it by 11% from 38 cents per share to 42 cents. Shareholders of record as of Aug. 19 will receive dividends from the agribusiness and food company on Sep. 2. BG shares become ex-dividend on Aug. 17.
BG Dividend Yield: 2.56%

Omnicom Group Inc. (OMC) increased its quarterly dividend by 10% to 55 cents per share from 50 cents. Shareholders of record as of June 13 will receive dividends from the global advertising agency network on July 11. The company’s shares go ex-dividend on June 9.
OMC Dividend Yield: 2.67%

Donaldson Company, Inc. (DCI) increased its dividend by 3%, raising its quarterly payment to 17.5 cents per share from 17 cents. The manufacturer of filtration systems will pay shareholders of record as of June 10 on June 29. The stock’s shares trade ex-dividend on June 8.
DCI Dividend Yield: 2.10%

NetApp Inc. (NTAP) hiked its quarterly dividend 6% higher, sending its payment up from 18 cents per share to 19 cents. Shareholders of record as of July 18 will receive dividends from the customer data software provider on July 27. NTAP shares will be ex-dividend on July 14.
NTAP Dividend Yield: 3.00%

Extra Space Storage, Inc. (EXR) raised its quarterly dividend up from 59 cents per share to 78 cents, representing a healthy 32% increase. Shareholders of record as of June 15 will receive higher dividends from the storage real estate investment trust on June 30. EXR shares become ex-dividend on June 13.
EXR Dividend Yield: 3.36%

W.R. Berkley Corp (WRB) sent its quarterly dividend higher by a penny, raising it by 8% from 12 cents per share to 13 cents. The insurance holding company will pay its higher dividend to shareholders of record as of June 15 on July 5. WRB shares trade ex-dividend on June 13.
WRB Dividend Yield: 0.92%

As of this writing, Simply Safe Dividends was long OMC in its Top 20 Dividend Stocks portfolio.

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Article printed from InvestorPlace Media, https://investorplace.com/2016/05/7-dividend-stocks-increasing-payouts-pcg-omc-bg-dci-exr-ntap-wrb/.

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