As earnings reports keep rolling in and the country emerges out of the debt ceiling crisis, companies from all industries are raising dividends in an attempt to attract investors.
A total of 19 companies raised their dividends this week, led by big names like Visa (V) and Honeywell (HON). (Note: All dividend yields are as of Oct. 25.)
Midwest utility holding company AEP (AEP) raised its quarterly dividend 2% to 50 cents per share, payable on Dec. 10 to shareholders of record as of Nov. 8.
AEP Dividend Yield: 4.24%
Green Bay-based bank holding company Associated Banc Corp (ASBC) raised its quarterly dividend 12.5% to 9 cents per share, payable on Dec. 16 to shareholders of record as of Dec. 2.
ASBC Dividend Yield: 2.19%
Bar Harbor, Maine based bank holding company Bar Harbor Bankshares (BHB) raised its quarterly dividend 1.6% to 32 cents per share, payable on Dec. 13 to shareholders of record as of Nov. 15. The increase marks the 10th consecutive quarter of dividend increases.
BHB Dividend Yield: 3.39%
Recreation products designer and manufacturer Brunswick (BC) raised its quarterly dividend 300% to 10 cents per share, payable on Dec. 13 to shareholders of record as of Nov. 20. The action moves BC into paying its dividend quarterly instead of annually.
BC Dividend Yield: 0.22%
Specialized products and services supplier Cintas (CTAS) raised its quarterly dividend 20.3% to 77 cents per share, payable on Dec. 11 to shareholders of record as of Nov. 8. The increase marks the 31st consecutive annual dividend increase.
CTAS Dividend Yield: 1.43%
Independent investment advisory firm Evercore Partners (EVR) raised its quarterly dividend 13.6% to 25 cents per share, payable on Dec. 13 to shareholders of record as of Nov. 29.
EVR Dividend Yield: 1.9%
Property and casualty insurance holding company HCI Group (HCI) raised its quarterly dividend 22.2% to 27.5 cents per share, payable Dec. 20 to shareholders of record Nov. 15.
HCI Dividend Yield: 2.48%
Diversified technology and manufacturing conglomerate Honeywell (HON) raised its quarterly dividend 10% to 45 cents per share, payable on Dec. 10 to shareholders of record as of Nov. 21.
HON Dividend Yield: 2.06%
Utility operator Middlesex Water (MSEX) raised its quarterly dividend 1.3% to 18 cents per share, payable on Dec. 2 to shareholders of record as of Nov. 15. The increase marks the 41st consecutive annual dividend increase.
MSEX Dividend Yield: 3.53%
Motion and control systems manufacturer Parker-Hannifin (PH) raised its quarterly dividend 4.6% to 45 cents per share, payable on Dec. 6 to shareholders of record as of Nov. 8. The increase marks the 57th consecutive annual dividend increase.
PH Dividend Yield: 1.55%
Automotive retail and transportation services giant Penske (PAG) raised its quarterly dividend 6.3% to 17 cents per share, payable on Dec. 2 to shareholders of record as of Nov. 11.
PAG Dividend Yield: 1.72%
Phoenix-based bank holding company Pinnacle West (PNW) raised its quarterly dividend 4% to 56.75 cents per share, payable on Dec. 2 to shareholders of record as of Nov. 1.
PNW Dividend Yield: 3.91%
Specialty chemical maker Stepan (SCL) raised its quarterly dividend 6% to 17 cents per share, payable on Dec. 13 to shareholders of record as of Nov. 29. This marks the 46th consecutive annual dividend increase.
SCL Dividend Yield: 1.13%
Property management and financing real estate investment trust SL Green Realty (SLG) raised its quarterly dividend 52% to 50 cents per share. SLG did not release a payment or ex-dividend date for the new dividend.
SLG Dividend Yield: 2.04%
Upscale hotel property real estate investment trust Sotherby (SOHO) raised its quarterly dividend 12.5% to 4.5 cents per share, payable on Jan. 1, 2014 to shareholders of record as of Dec. 13.
SOHO Dividend Yield: 3.87%
Midstream oil and gas provider Targa Resources Partners (NGLS) raised its quarterly dividend 7% to 57 cents per share, payable on Nov. 15 to shareholders of record as of Oct. 31.
NGLS Dividend Yield: 3.83%
Credit card and financial services company Visa (V) raised its quarterly dividend 21% to 40 cents per share, payable on Dec. 3 to shareholders of record as of Nov. 15.
V Dividend Yield: 0.79%
Global apparel company VF (VFC) raised its quarterly dividend 21% to $1.05 per share, payable on Dec. 20 to shareholders of record as of Dec. 10. VFC also announced a 4:1 stock split, effective on Dec. 20 to shareholders of record as of Dec. 10.
VF Dividend Yield: 1.99%
Integrated municipal solid waste services company Waste Connections (WCN) raised its quarterly dividend 15% to 11.5 cents per share, payable on Nov. 19 to shareholders of record as of Nov. 5.
WCN Dividend Yield: 1.04%
Marc Bastow is an Assistant Editor at InvestorPlace.com. As of this writing, he did not hold a position in any of the aforementioned securities. For more payout winners, see previous weeks' lists of Companies Increasing Dividends.
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