6 Dividend Stocks Increasing Payouts – LOW HP CBRL MBFI ESRT JHI

LOW, HP among the most notable dividend stocks raising their payouts over the last week

A weak jobs report on Friday sent the market slightly lower during the holiday-shortened week. While stocks continue to fluctuate on economic uncertainty, several businesses increased their dividend payouts.

6 Dividend Stocks Increasing Payouts – LOW HP CBRL MBFI ESRT JHISix notable dividend stocks increased their payouts over the last week, including a large home improvement retailer, a leading energy contractor and a well-known consumer restaurant.

Here are six dividend stocks increasing payouts.

John Hancock Investors Trust (JHI) raised its quarterly dividend by 0.3% to 34.11 cents per share from 34 cents. The closed-end investment company will send its dividends out on June 30 to shareholders of record as of June 13. JHI shares trade ex-dividend on June 9.
JHI Dividend Yield: 8.66%

Lowe’s Companies, Inc. (LOW) increased its quarterly dividend by 25% to 35 cents per share from 28 cents. Shareholders of record as of July 20 will receive dividends from the home improvement retailer on Aug. 3. The company’s shares go ex-dividend on July 18.
LOW Dividend Yield: 1.75%

Cracker Barrel Old Country Store, Inc. (CBRL) increased its dividend by 5%, raising its quarterly payment to $1.15 per share from $1.10. The country-style restaurant will serve its dividend payment to shareholders of record as of July 15 on Aug. 5. The stock’s shares trade ex-dividend on July 13.
CBRL Dividend Yield: 2.79%

MB Financial Inc (MBFI) added two pennies to its quarterly dividend, raising it by 12% from 17 cents per share to 19 cents. Shareholders of record as of June 15 will receive dividends from the commercial bank on June 30. MBFI shares become ex-dividend on June 13.
MBFI Dividend Yield: 2.15%

Helmerich & Payne, Inc. (HP) edged its quarterly dividend 2% higher, sending its payment up from 68.75 cents per share to 70 cents. Shareholders of record as of Aug. 15 will receive dividends from the oil and gas contract driller on Sep. 1. HP shares will be ex-dividend on Aug. 11.
HP Dividend Yield: 4.70%

Empire State Realty Trust Inc (ESRT) boosted its quarterly dividend from 8.5 cents per share to 10.5 cents, representing a healthy 24% increase. Shareholders of record as of June 15 will receive higher dividends from the office and retail real estate investment trust on June 30. ESRT shares become ex-dividend on June 13.
ESRT Dividend Yield: 1.78%

As of this writing, Simply Safe Dividends did not hold a position in any of the aforementioned securities.

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Article printed from InvestorPlace Media, https://investorplace.com/2016/06/6-dividend-stocks-increasing-payouts-low-hp-cbrl-mbfi-esrt-jhi/.

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