7 Dividend Stocks Increasing Payouts – UNH FDX TGT HRB CASY BCR WMS

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The market came close to matching its all-time high this week before selling off sharply on Friday. Bond yields around the world continue hovering near record lows as investors mulled over soft economic growth. Despite the sluggish pace of expansion, a number of companies announced dividend increases this week.

7 Dividend Stocks Increasing Payouts – UNH FDX TGT HRB CASY BCR WMSDuring the week, seven notable dividend-paying stocks raised their payouts, including a major consumer retailer, a large convenience store chain, two healthcare companies and a well-known transportation business.

Here are seven dividend stocks increasing payouts.

H&R Block Inc (HRB) raised its quarterly dividend by 10% to 22 cents per share from 20 cents. The tax services provider will send its dividends out on July 1 to shareholders of record as of June 20. HRB shares trade ex-dividend on June 16.
HRB Dividend Yield: 3.68%

Casey’s General Stores Inc (CASY) increased its quarterly dividend by 9% to 24 cents per share from 22 cents. Shareholders of record as of Aug. 1 will receive dividends from the convenience store operator on Aug. 15. The company’s shares go ex-dividend on July 28.
CASY Dividend Yield: 0.81%

FedEx Corporation (FDX) boosted its quarterly dividend by three nickels, raising it by a whopping 60% from 25 cents per share to 40 cents. Dividends will be shipped out from the global transportation company on July 1 to shareholders of record as of June 16. FDX shares become ex-dividend on June 14.
FDX Dividend Yield: 0.99%

Target Corporation (TGT) increased its dividend by 7%, raising its quarterly payment to 60 cents per share from 56 cents. The mass merchandise retailer will pay shareholders of record as of Aug. 17 on Sep. 10. The stock’s shares trade ex-dividend on Aug. 15.
TGT Dividend Yield: 3.55%

UnitedHealth Group Inc (UNH) raised its quarterly dividend up from 50 cents per share to 62.5 cents, representing a healthy 25% increase. Shareholders of record as of June 17 will receive higher dividends from the diversified healthcare company on June 28. UNH shares become ex-dividend on June 15.
UNH Dividend Yield: 1.79%

C R Bard Inc (BCR) sent its quarterly dividend 8% higher, increasing its payment from 24 cents per share to 26 cents. Shareholders of record as of July 18 will receive dividends from the medical products company on July 29. BCR shares will be ex-dividend on July 14.
BCR Dividend Yield: 0.46%

Advanced Drainage Systems Inc (WMS) sent its quarterly dividend higher by a penny, increasing it by 20% from 5 cents per share to 6 cents. The manufacturer of pipes and water-management products will pay its higher dividend to shareholders of record as of June 16 on June 30. WMS shares trade ex-dividend on June 14.
WMS Dividend Yield: 0.90%

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/2016/06/7-dividend-stocks-increasing-payouts-unh-fdx-tgt-hrb-casy-bcr-wms/.

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