Dividend Increases For Dividend Investors

Rising dividend payouts in the stock market are always a good sign to investors. A number of companies announced strong earnings this past week and stated that they would be boosting their dividends. The increase in dividends will attract some income investors that view these dividend increases as a sign of company strength. Let’s take a look at a few of the companies that increased their payouts.

Rising Dividends


Limited partnerships are always a good source of dividends. ONEOK Partners (OKS) increased its annual dividend from $2.34 a share to $2.30. The natural gas partnership has a long time history of increasing its dividend over the past five years. ONEOK has a 5.2% yield.

Newspaper publisher Gannett Co. (GCI) reported positive earnings this past week and has bumped its dividend up as well. Gannett doubled its dividend boosting its annual payout from 16 cents per share to 32 cents. Gannett has a decent yield of 2.3%.

Energy infrastructure company Kinder Morgan Inc (KMI) increased its annual dividend payout from $1.16 per share to $1.20. The dividend increase has made the company one of the better dividend stocks in the industry. Kinder Morgan has a dividend yield of 4.2%.

Huntington Bancshares (HBAN) quadrupled its annual dividend from one cent per share to 4 cents per share. The dividend is still modest but the increase is a step in the right direction. Huntington currently yields a modest 0.70% yield.

Truck rental and transportation company Ryder System (R) increased its dividend once again. The company has an annual payout of $1.16 per share which is an increase from its former payout of $1.08. Ryder has a 1.8% yield. The company is a consistent dividend payer with the company having 35 consecutive years of dividend payments.

Keycorp (KEY) increased its annual dividend on the heels of a good earnings report. The company will not pay investors 12 cents per share. The bank is one of a few smaller banks that have started paying shareholders dividends again. KeyCorp has a 1.4% yield.

Photo by: jollyUK

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