Each day, companies across the globe announce new upcoming dividend payouts. In our Dividend Payout Changes and Announcement tool, you’ll find all of the dividend increases, decreases, initiations, suspensions, updates and regular dividend announcements for a given day.
Below we present an analysis of the stocks that increased dividends last week. The latest payout is compared to the most recent payout before the dividend increase.
Following is a snapshot of the 15 major stocks that increased dividends last week. If an investor simply purchases the stock prior to the ex-dividend date and then sells it either on the ex-dividend date or at some point afterward, he will be able to receive the dividend in his account.
To apply this strategy, you need to know when stocks go ex-dividend. You can find out the latest ex-dividend dates for the stocks that interest you in our Ex-Dividend Date Search tool.
|Ticker||Company||Previous Payout||New Payout||Change||Ex-Dividend Date|
|(HII )||Huntington Ingalls Industries Inc||$0.50||$0.60||20.00%||11/22/2016|
|(FNF )||Fidelity National Financial||$0.21||$0.25||19.05%||12/14/2016|
|(MSI )||Motorola Solutions Inc||$0.41||$0.47||14.63%||12/13/2016|
|(IRM )||Iron Mountain||$0.49||$0.55||13.40%||12/13/2016|
|(EL )||Estee Lauder||$0.30||$0.34||13.33%||11/28/2016|
|(GGP )||General Growth Properties||$0.20||$0.22||10.00%||12/13/2016|
|(DTE )||DTE Energy||$0.77||$0.83||7.14%||12/15/2016|
|(WRK )||WestRock Company||$0.38||$0.40||6.67%||11/17/2016|
|(ROK )||Rockwell Automation||$1||$0.76||4.83%||11/9/2016|
|(KLAC )||KLA Tencor||$1||$0.54||3.85%||11/10/2016|
|(LNC )||Lincoln National Corp||$1||$0.54||3.85%||1/6/2017|
|(SEP )||Spectra Energy Partners LP||$1||$0.68||1.88%||11/9/2016|
|(EMR )||Emerson Electric||$0||$0.48||1.05%||11/8/2016|
The Stock With the Highest Market Cap That Increased Dividends Last Week
Starbucks, with a market cap of $78 billion, leads all other stocks in dividend increases in terms of market capitalization. Starbucks also leads all other stocks in terms of % increase in payout. Its previous payout was $0.20, while its latest payout is $0.25, which comes out to a massive 25% increase. SBUX currently yields 1.90% and has an ex-dividend date of 11/15/2016. Starbucks is off 16% from its 52-week high.
The Stock With the Highest Dividend Yield That Increased Dividends Last Week
SandRidge Mississippian Trust (SDT ), with a yield of over 16%, earns the highest rank when it comes to stock with the highest yield to have increased its dividend last week. Its previous payout was $0.0412; while its new payout is $0.0542. The steep drop in price is contributing towards the high dividend yield in a big way. SDT currently occupies seventh spot in our list of the highest yielding stocks on Wall Street.
The Stocks With the Best/Worst 52-Week Performance That Increased Dividends Last Week
SandRidge Mississippian Trust and Big 5 Sporting Goods (BGFV ) are the two stocks that increased dividends last week and take the honour for the worst 52-week performance and the best 52-week performance, respectively.
|Criteria||Company Name||Market Cap ($B)||Annualized Payout||Previous Payout||Next Payout||Ex-Dividend Date||Yield %||% Off From 52-Week High|
|Highest 52-week high off||SandRidge Mississippian Trust||$0.04||$0.22||$0.04||$0.05||11/8/2016||16.42%||64.80%|
|Lowest 52-week high off||Big 5 Sporting Goods||$0.42||$0.60||$0.13||$0.15||11/29/2016||3.42%||1.13%|
Find a complete explanation of the ex-dividend date, record date, payment date and declaration date here. This will broaden your understanding of the dividend capture strategy.
Dividend Aristocrats That Increased Dividends Last Week
There were five Dividend Aristocrats that increased dividends last week:
|Ticker||Company Name||Market Cap ($B)||Annualized Payout||Previous Payout||Next Payout||Ex-Dividend Date||Yield %||Dividend Growth Years|
|(AWR )||American States Water||$1.39||$0.97||$0.22||$0.24||11/10/2016||2.50%||61|
|(EMR )||Emerson Electric||$31.40||$1.92||$0.48||$0.48||11/8/2016||3.89%||59|
|(VVC )||Vectren Corporation||$3.92||$1.68||$0.40||$0.42||11/10/2016||3.49%||56|
|(TNC )||Tennant Co.||$1.14||$0.84||$0.20||$0.21||11/28/2016||1.29%||44|
|(MCY )||Mercury General||$2.92||$2.49||$0.62||$0.62||12/13/2016||4.54%||30|
You can find all the companies that have increased their dividends for more than 25 consecutive years on our 25-year Dividend Increasing Stocks page. And those companies that have increased their dividends for more than 10 years in a row on our 10-Year Dividend Increasing Stocks page.
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