Data from Ned Davis Research shows that, over the past 36 years, dividend-paying stocks have outperformed the rest of the S&P 500 Index by 2.5% annually. And dividend stocks outpaced all non-dividend paying stocks by nearly 8% annually during this period.
Currently, 84% of stocks in the broad-based S&P 500 Index pay dividends. All 30 components in the Dow Jones Industrial Average do too, as well as just over half of Nasdaq stocks.
And companies continue to sweeten payouts. More than 70 companies raised their dividends last week, up from 67 hikes the prior week.
Following are 30 of the most notable new dividend boosts for the week ending Jan. 31.
30 Dividend-Paying Stocks That Just Hiked Their Payouts
Access Midstream Partners LP (NYSE: ACMP) raised its dividend 3.7% to $0.55 a share for a 4% yield.
AO Smith Corp. (NYSE: AOS) increased its dividend 25% to $0.15 a share, up from $0.12, for a fresh 1.47% yield.
Avalon Bay Communities Inc. (NYSE: AVB) raised its dividend 8.4% to $1.16 a share for a 3.76% yield.
Blackstone Group LP (NYSE: BX) boosted its dividend 152% to $0.58 a share, up from $0.23. Shares yield 4.1%.
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Comcast Corp. (Nasdaq: CMCSA) hiked its dividend 15% to $0.22 a share for a new yield of 1.65%. The No. 1 U.S. cable operator resumed dividends in February 2008 at $0.062 a share after a five-year pause.
Dow Chemical Corp. (NYSE: DOW) increased its dividend a nickel to $0.37 a share. The stock yields 3.25%. The 15.6% increase is the Midland, Mich.-company's third since paring its payout 64% in early 2009.