10 Dividend Stocks Increasing Payouts: K SEP COTY DAL PFG GGP MIC WTR FOXA IFF

K, SEP are among notable dividend stocks that raised their payouts last week

A better-than-expected report on the U.S. labor market was enough to send stocks slightly higher last week. In addition to higher employment figures, a number of dividend stocks increased their payouts.

10 Dividend Stocks Increasing Payouts: K SEP COTY DAL PFG GGP MIC WTR FOXA IFFTen notable dividend stocks raised their payouts over the last week, including several consumer products companies, two energy infrastructure businesses, and a large media enterprise.

Here are ten dividend stocks increasing payouts.

Kellogg Company (NYSE:K) moved its quarterly dividend higher by two pennies, increasing it by 4% from 50 cents per share to 52 cents. The branded cereal and convenience foods manufacturer will pay its higher dividend to shareholders of record as of Sep. 1 on Sep. 15. K shares trade ex-dividend on Aug. 30.
K Dividend Yield: 2.50%

Principal Financial Group Inc (NYSE:PFG) rewarded shareholders with a 5% boost to its quarterly dividend, increasing it from 39 cents per share to 41 cents. Shareholders of record as of Sep. 2 will receive their higher dividends on Sep. 30 from the investment management firm. The company’s shares will be ex-dividend on Aug. 31.
PFG Dividend Yield: 3.51%

Spectra Energy Partners, LP (NYSE:SEP) sent its quarterly dividend 2% higher, increasing its payment from 65.125 cents per share to 66.375 cents. Shareholders of record as of Aug. 15 will receive dividends from the natural gas and oil pipeline transportation company on Aug. 26. SEP shares will be ex-dividend on Aug. 11.
SEP Dividend Yield: 5.46%

General Growth Properties Inc (NYSE:GGP) raised its quarterly dividend up from 19 cents per share to 20 cents, representing a 5% increase. The mall real estate investment trust will pay out its higher dividends to shareholders of record as of Oct. 14 on Oct. 31. GGP shares will trade ex-dividend on Oct. 12.
GGP Dividend Yield: 2.58%

Macquarie Infrastructure Corp (NYSE:MIC) increased its dividend by 4%, raising its quarterly payment to $1.25 per share from $1.20. The energy infrastructure company will pay shareholders of record as of Aug. 11 on Aug. 16. The stock’s shares trade ex-dividend on Aug. 9.
MIC Dividend Yield: 6.15%

Coty Inc (NYSE:COTY) increased its annual dividend by 10% to 27.5 cents per share from 25 cents. Shareholders of record as of Aug. 11 will receive dividends from the beauty products manufacturer on Aug. 19. The company’s shares go ex-dividend on Aug. 9.
COTY Dividend Yield: 1.00%

Delta Air Lines, Inc. (NYSE:DAL) sent its quarterly dividend flying by 50%, increasing it from 13.5 cents per share to 20.25 cents. The air transportation company will pay its higher dividend to shareholders of record as of Aug. 12 on Sep. 2. DAL shares trade ex-dividend on Aug. 10.
DAL Dividend Yield: 2.16%

Aqua America Inc (NYSE:WTR) boosted its quarterly dividend by 8%, raising it from 17.8 cents per share to 19.13 cents. Dividends will be paid from the water utility company on Sep. 1 to shareholders of record as of Aug. 18. WTR shares become ex-dividend on Aug. 16.
WTR Dividend Yield: 2.30%

Twenty-First Century Fox Inc (NASDAQ:FOXA) announced a 20% raise to its semiannual dividend, bringing its payout up from 15 cents per share to 18 cents. The media and entertainment company will send its higher dividends out on Oct. 19 to shareholders of record as of Sep. 14. FOX shares will trade ex-dividend on Sep. 12.
FOXA Dividend Yield: 1.39%

International Flavors & Fragrances Inc (NYSE:IFF) grew its quarterly dividend from 56 cents per share to 64 cents per share, representing a healthy boost of 14%. The global flavors and fragrances company will pay out its higher dividends to shareholders of record as of Sep. 26 on Oct. 6. IFF shares will trade ex-dividend on Sep. 22.
IFF Dividend Yield: 1.90%

As of the time of this writing, Simply Safe Dividends was long IFF.

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