6 Dividend Stocks Increasing Payouts – IP BRO AM THO HCSG POL

IP is among the noteworthy dividend stocks that raised its payouts

The S&P 500 touched a three-month low last week before rebounding on Friday to pare some of its losses. Investors were feeling jittery after Alcoa Inc (NYSE:AA) kicked off earnings season with a disappointing report and new economic data out of China missed expectations. Despite the mixed sentiment, a number of dividend stocks were optimistic enough about their future to announce higher payouts for shareholders.

6 Dividend Stocks Increasing Payouts – IP BRO AM THO HCSG POLSix noteworthy dividend stocks increased their payouts over the last week, including a major provider of paper and packaging products, a 77-year-old insurance provider, an energy-focused master limited partnership and a leading manufacturer of recreational vehicles.

Here are six dividend stocks increasing payouts.

International Paper Co (NYSE:IP) boosted its quarterly dividend by 5%, raising it from 44 cents per share to 46.25 cents. Dividends will be paid from the paper and packaging company on Dec. 15 to shareholders of record as of Nov. 15. IP shares become ex-dividend on Nov. 10.
IP Dividend Yield: 3.94%

PolyOne Corporation (NYSE:POL) increased its quarterly dividend by 13% to 13.5 cents per share from 12 cents. Shareholders of record as of Dec. 16 will receive dividends from the specialty chemicals and plastics manufacturer on January 6, 2017. The company’s shares are expected to go ex-dividend on Dec. 14.
POL Dividend Yield: 1.52%

Brown & Brown, Inc. (NYSE:BRO) raised its quarterly dividend by 10%, increasing it from 12.25 cents per share to 13.5 cents. The insurance provider and wholesale brokerage company will pay its higher dividend to shareholders of record as of Oct. 28 on Nov. 9. BRO shares will trade ex-dividend on Oct. 26.
BRO Dividend Yield: 1.43%

Thor Industries, Inc. (NYSE:THO) hiked its quarterly dividend by 10%, raising its payment from 30 cents per share to 33 cents. Shareholders of record as of Oct. 24 will receive dividends from the recreational vehicle manufacturer on Nov. 7. THO shares will be ex-dividend on Oct. 20.
THO Dividend Yield: 1.58%

Antero Midstream Partners LP (NYSE:AM) raised its quarterly dividend up from 25 cents per share to 26.5 cents, representing a 6% boost. The provider of midstream energy services will pay out its higher dividends to shareholders of record as of Nov. 10 on Nov. 24. AM shares will trade ex-dividend on Nov. 8.
AM Dividend Yield: 3.76%

Healthcare Services Group, Inc. (NASDAQ:HCSG) increased its quarterly dividend by 1%, raising its payment to 18.5 cents per share from 18.375 cents. The provider of housekeeping, laundry, cleaning and dietary services will pay shareholders of record as of Nov. 18 on Dec. 23. The stock’s shares trade ex-dividend on Nov. 16.
HCSG Dividend Yield: 1.94%

As of this writing, Simply Safe Dividends was long THO.

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