The S&P 500 Index has finally snapped out of its losing streak in a big way. All eyes are set on the U.S. presidential election, which has caused anxiety for many investors. So has the Federal Reserve, which is to hold rates flat in November but is still largely expected to nudge interest rates higher next month. While rates could rise, a number of companies are also raising their dividends.
Ten notable dividend stocks increased their payouts over the last week, including two large insurance providers, two industrial-focused manufacturers, a leading beauty company and a very popular coffee retailer.
Here are 10 dividend stocks increasing payouts.
Honeywell International Inc. (NYSE:HON) raised its annual dividend by 12%, increasing it from 59.5 cents per share to 66.5. The industrial manufacturing and technology company will pay its higher dividend to shareholders of record as of Nov. 18 on Dec. 9. HON shares will trade ex-dividend on Nov. 16.
HON Dividend Yield: 2.41%
Starbucks Corporation (NASDAQ:SBUX) grew its quarterly dividend from 20 cents per share to 25 cents per share, representing a healthy boost of 25%. The global coffee retailer will pay out its higher dividends to shareholders of record as of Nov. 17 on Dec. 2. SBUX shares are expected to trade ex-dividend on Nov. 15.
SBUX Dividend Yield: 1.83%
Blackstone Group LP (NYSE:BX) boosted its quarterly dividend by 14%, raising it from 36 cents per share to 41 cents. Dividends will be paid from the alternative asset manager on Nov. 14 to shareholders of record as of Nov. 7. BX shares become ex-dividend on Nov. 3.
BX Dividend Yield: 6.9%
Entergy Corporation (NYSE:ETR) increased its quarterly dividend by 2% to 87 cents per share from 85 cents. Shareholders of record as of Nov. 10 will receive dividends from the integrated electric utility company on Dec. 1. The company’s shares will go ex-dividend on Nov. 8.
ETR Dividend Yield: 4.9%
General Growth Properties Inc (NYSE:GGP) hiked its quarterly dividend by 10%, raising its payment from 20 cents per share to 22 cents. Shareholders of record as of Dec. 15 will receive dividends from the retail-focused real estate investment trust on Jan. 6,2017 . GGP shares will be ex-dividend on Dec. 13.
GGP Dividend Yield: 3.59%
Estee Lauder Companies Inc (NYSE:EL) raised its quarterly dividend up from 30 cents per share to 34 cents, representing a 13% increase. The maker and marketer of beauty products will pay out its higher dividends to shareholders of record as of Nov. 30 on Dec. 15. EL shares will trade ex-dividend on Nov. 28.
EL Dividend Yield: 1.68%
Rockwell Automation (NYSE:ROK) increased its quarterly dividend by 5%, raising its payment to 76 cents per share from 72.5 cents. The provider of industrial automation machinery and software will pay shareholders of record as of Nov. 14 on Dec. 12. The stock’s shares trade ex-dividend on Nov. 9.
ROK Dividend Yield: 2.45%
FNF Group of Fidelity National Financial, Inc. (NYSE:FNF) moved its quarterly dividend higher by 19%, from 21 cents per share to 25 cents. The provider of title insurance will pay its higher dividend to shareholders of record as of Dec. 16 on Dec. 30. FNF shares trade ex-dividend on Dec. 14.
FNF Dividend Yield: 2.97%
Lincoln National Corporation (NYSE:LNC) announced a 16% hike to its quarterly dividend, bringing its payout up from 25 cents per share to 29 cents. The provider of a variety of life insurance and retirement solutions will send its higher dividends out on Feb. 1, 2017, to shareholders of record as of Jan. 10, 2017. LNC shares will trade ex-dividend on Jan. 6, 2017. InvestorPlace Chief Technical Analyst Sam Collins recently targeted LNC stock as a buy.
LNC Dividend Yield: 2.23%
Whole Foods Market, Inc. (NASDAQ:WFM) rewarded shareholders with a 4% raise to its quarterly dividend, increasing it from 13.5 cents per share to 14 cents. Shareholders of record as of Jan. 13 will receive their higher dividends on Jan. 24 from the popular organic foods supermarket. The company’s shares will be ex-dividend on Jan. 11.
WFM Dividend Yield: 1.93%
As of this writing, Simply Safe Dividends was long ROK.