In economic difficult times, it makes sense to scout for investment opportunities with robust business models and sustainable dividends. Despite the uncertainty, many companies are running well and still confident about the economic future. That’s the reason why they have raised dividends. With this thesis in mind, here are 13 stocks which have raised dividends within the recent week. In total, 28 stocks raised dividends. The average dividend growth amounts to 34.68%.
1. Whole Foods Market (WF, Financial) is acting within grocery stores industry. The companyhasa market capitalization of $12.2 billion, generates revenues in an amount of $9.9 billion and a net income of $324.6 million. It follows P/E ratio is 37.3 and forward price to earnings 30.4, Price/Sales 1.2 and Price/Book ratio 4.3. Dividend Yield: 0.6 percent. The company served up a 40 percent increase in its quarterly dividend to 14 cents per share.
2. Aaron’s (AAN) is acting within the rental and leasing services industry. The company has a market capitalization of $2.1 billion, generates revenues in an amount of $2.0 billion and a net income of $114.0 million. It follows P/E ratio is 18.9 and forward price to earnings 13.7, Price/Sales 1.1 and Price/Book ratio 2.2. Dividend Yield: 0.2 percent. The company announced to boost its payout to 15.4 percent to 1.5 cents a share.
3. Archer Daniels Midland (ADM, Financial) is acting within the farm products industry. The company has a market capitalization of $19.4 billion, generates revenues in an amount of $80.7 billion and a net income of $2.0 billion. It follows P/E ratio is 9.3 and forward price to earnings 8.6, Price/Sales 0.2 and Price/Book ratio 1.0. Dividend Yield: 2.2 percent. The firm announced to increase its quarterly dividend, growing its payout by 9 percent to 17.5 cents a share.
4. Boardwalk Pipeline Partners (BWP, Financial) is acting within the oil and gas pipelines industry. The company has a market capitalization of $5.7 billion, generates revenues in an amount of $1.1 billion and a net income of $216.9 million. It follows P/E ratio is 25.3 and forward price to earnings 19.5, Price/Sales 5.0 and Price/Book ratio 1.7. Dividend Yield: 7.3 percent. The company raised its quarterly distribution to 52.75 cents per unit.
5. Emerson Electric (EMR, Financial) is acting within the industrial equipment and components industry. The company has a market capitalization of $38.2 billion, generates revenues in an amount of $23.5 billion and a net income of $2.3 billion. It follows P/E ratio is 17.0 and forward price to earnings ratio 14.1, Price/Sales 1.6 and Price/Book ratio 3.5. Dividend Yield: 2.7 percent. The company assembled a 15.9 percent increase in its quarterly dividend, upping its payout to 40 cents per share from 34.5 cents.
6. Estee Lauder (EL, Financial) is acting within the personal products industry. The company has a market capitalization of $22.9 billion, generates revenues in an amount of $8.8 billion and a net income of $700.8 million. It follows P/E ratio is 33.8 and forward price to earnings 24.1, Price/Sales 2.6 and Price/Book ratio 8.9. Dividend Yield: 0.6 percent. The company made up its quarterly dividend to shareholders, applying a 40 percent surge in its annual dividend payout to $1.05 per share from 75 cents.
7. Kimco Realty (KIM, Financial) is acting within the retail REITs industry. The company has a market capitalization of $7.2 billion, generates revenues in an amount of $866.2 million and a net income of $63.5 million. It follows P/E ratio is 108.3 and forward price to earnings 46.8, Price/Sales 8.3 and Price/Book ratio 1.4. Dividend Yield: 4.2 percent. The company raised the rent it pays to shareholders by nearly 6 percent to 19 cents per share.
8. Lincoln Electric (LECO, Financial) is acting within the small tools and accessories industry. The company has a market capitalization of $3.2 billion, generates revenues in an amount of $2.6 billion and a net income of $201.0 million. It follows P/E ratio is 15.7 and forward price to earnings ratio amounts to 14.0, Price/Sales 1.2 and Price/Book ratio 2.5. Dividend Yield: 1.7 percent. The company increased its quarterly dividend by 9.7 percent to 17 cents per share.
9. Penske Automotive (PAG, Financial) is acting within the auto dealerships industry. The company has a market capitalization of $2.0 billion, generates revenues in an amount of $11.2 billion and a net income of $139.2 million. It follows P/E ratio is 14.2 and forward price to earnings 12.0, Price/Sales 0.3 and Price/Book ratio 1.8. Dividend Yield: 1.5 percent. The company accelerated its payout by 12.5 percent to 9 cents per share.
10. Questar (STR, Financial) is acting within the independent oil and gas industry. The company has a market capitalization of $3.5 billion, generates revenues in an amount of $1.2 billion and a net income of $210.0 million. It follows P/E ratio is 16.6 and forward price to earnings 16.3, Price/Sales 2.9 and Price/Book ratio 3.2. Dividend Yield: 3.1 percent. The company raised its quarterly payout by a penny to 16.25 cents per share.
11. Starbucks (SBUX, Financial) is acting within the specialty eateries industry. The company has a market capitalization of $33.0 billion, generates revenues in an amount of $11.5 billion and a net income of $1.2 billion. It follows P/E ratio is 29.1 and forward price to earnings 24.3, Price/Sales 2.9 and Price/Book ratio 7.6. Dividend Yield: 1.2 percent. The company raised the payout by 31 percent.
12. Starwood Hotels (HOT, Financial) is acting within the lodging industry. The company has a market capitalization of $9.9 billion, generates revenues in an amount of $5.4 billion and a net income of $550.0 billion. It follows P/E ratio is 17.8 and forward price to earnings 22.5, Price/Sales 1.8 and Price/Book ratio 3.4. Dividend Yield: 0.6 percent. The company upgraded its annual dividend payout by 67 percent to 50 cents per share.
13. Yamana Gold (AUY, Financial) is acting within the gold industry. The company has a market capitalization of $12.1 billion, generates revenues in an amount of $2.0 billion and a net income of $626.5 million. It follows P/E ratio is 19.4 and forward price to earnings 12.4, Price/Sales 6.0 and Price/Book ratio 1.7. Dividend Yield: 1.1 percent. The company raised its quarterly dividend by 67 percent to 20 cents per share.
Take a closer look at the full table of the stocks with recent dividend hikes. The average dividend growth amounts to 34.68%.
1. Whole Foods Market (WF, Financial) is acting within grocery stores industry. The companyhasa market capitalization of $12.2 billion, generates revenues in an amount of $9.9 billion and a net income of $324.6 million. It follows P/E ratio is 37.3 and forward price to earnings 30.4, Price/Sales 1.2 and Price/Book ratio 4.3. Dividend Yield: 0.6 percent. The company served up a 40 percent increase in its quarterly dividend to 14 cents per share.
2. Aaron’s (AAN) is acting within the rental and leasing services industry. The company has a market capitalization of $2.1 billion, generates revenues in an amount of $2.0 billion and a net income of $114.0 million. It follows P/E ratio is 18.9 and forward price to earnings 13.7, Price/Sales 1.1 and Price/Book ratio 2.2. Dividend Yield: 0.2 percent. The company announced to boost its payout to 15.4 percent to 1.5 cents a share.
3. Archer Daniels Midland (ADM, Financial) is acting within the farm products industry. The company has a market capitalization of $19.4 billion, generates revenues in an amount of $80.7 billion and a net income of $2.0 billion. It follows P/E ratio is 9.3 and forward price to earnings 8.6, Price/Sales 0.2 and Price/Book ratio 1.0. Dividend Yield: 2.2 percent. The firm announced to increase its quarterly dividend, growing its payout by 9 percent to 17.5 cents a share.
4. Boardwalk Pipeline Partners (BWP, Financial) is acting within the oil and gas pipelines industry. The company has a market capitalization of $5.7 billion, generates revenues in an amount of $1.1 billion and a net income of $216.9 million. It follows P/E ratio is 25.3 and forward price to earnings 19.5, Price/Sales 5.0 and Price/Book ratio 1.7. Dividend Yield: 7.3 percent. The company raised its quarterly distribution to 52.75 cents per unit.
5. Emerson Electric (EMR, Financial) is acting within the industrial equipment and components industry. The company has a market capitalization of $38.2 billion, generates revenues in an amount of $23.5 billion and a net income of $2.3 billion. It follows P/E ratio is 17.0 and forward price to earnings ratio 14.1, Price/Sales 1.6 and Price/Book ratio 3.5. Dividend Yield: 2.7 percent. The company assembled a 15.9 percent increase in its quarterly dividend, upping its payout to 40 cents per share from 34.5 cents.
6. Estee Lauder (EL, Financial) is acting within the personal products industry. The company has a market capitalization of $22.9 billion, generates revenues in an amount of $8.8 billion and a net income of $700.8 million. It follows P/E ratio is 33.8 and forward price to earnings 24.1, Price/Sales 2.6 and Price/Book ratio 8.9. Dividend Yield: 0.6 percent. The company made up its quarterly dividend to shareholders, applying a 40 percent surge in its annual dividend payout to $1.05 per share from 75 cents.
7. Kimco Realty (KIM, Financial) is acting within the retail REITs industry. The company has a market capitalization of $7.2 billion, generates revenues in an amount of $866.2 million and a net income of $63.5 million. It follows P/E ratio is 108.3 and forward price to earnings 46.8, Price/Sales 8.3 and Price/Book ratio 1.4. Dividend Yield: 4.2 percent. The company raised the rent it pays to shareholders by nearly 6 percent to 19 cents per share.
8. Lincoln Electric (LECO, Financial) is acting within the small tools and accessories industry. The company has a market capitalization of $3.2 billion, generates revenues in an amount of $2.6 billion and a net income of $201.0 million. It follows P/E ratio is 15.7 and forward price to earnings ratio amounts to 14.0, Price/Sales 1.2 and Price/Book ratio 2.5. Dividend Yield: 1.7 percent. The company increased its quarterly dividend by 9.7 percent to 17 cents per share.
9. Penske Automotive (PAG, Financial) is acting within the auto dealerships industry. The company has a market capitalization of $2.0 billion, generates revenues in an amount of $11.2 billion and a net income of $139.2 million. It follows P/E ratio is 14.2 and forward price to earnings 12.0, Price/Sales 0.3 and Price/Book ratio 1.8. Dividend Yield: 1.5 percent. The company accelerated its payout by 12.5 percent to 9 cents per share.
10. Questar (STR, Financial) is acting within the independent oil and gas industry. The company has a market capitalization of $3.5 billion, generates revenues in an amount of $1.2 billion and a net income of $210.0 million. It follows P/E ratio is 16.6 and forward price to earnings 16.3, Price/Sales 2.9 and Price/Book ratio 3.2. Dividend Yield: 3.1 percent. The company raised its quarterly payout by a penny to 16.25 cents per share.
11. Starbucks (SBUX, Financial) is acting within the specialty eateries industry. The company has a market capitalization of $33.0 billion, generates revenues in an amount of $11.5 billion and a net income of $1.2 billion. It follows P/E ratio is 29.1 and forward price to earnings 24.3, Price/Sales 2.9 and Price/Book ratio 7.6. Dividend Yield: 1.2 percent. The company raised the payout by 31 percent.
12. Starwood Hotels (HOT, Financial) is acting within the lodging industry. The company has a market capitalization of $9.9 billion, generates revenues in an amount of $5.4 billion and a net income of $550.0 billion. It follows P/E ratio is 17.8 and forward price to earnings 22.5, Price/Sales 1.8 and Price/Book ratio 3.4. Dividend Yield: 0.6 percent. The company upgraded its annual dividend payout by 67 percent to 50 cents per share.
13. Yamana Gold (AUY, Financial) is acting within the gold industry. The company has a market capitalization of $12.1 billion, generates revenues in an amount of $2.0 billion and a net income of $626.5 million. It follows P/E ratio is 19.4 and forward price to earnings 12.4, Price/Sales 6.0 and Price/Book ratio 1.7. Dividend Yield: 1.1 percent. The company raised its quarterly dividend by 67 percent to 20 cents per share.
Take a closer look at the full table of the stocks with recent dividend hikes. The average dividend growth amounts to 34.68%.
