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News about dividend stocks poured in last week, with some 85 companies increasing payouts.
Amid the flurry of boosts, buybacks, and splits, Apple Inc. (Nasdaq: AAPL) stole the spotlight. On the heels of a strong Q2 in which the tech giant reported a 7% year-over-year increase in profits to $10.22 billion, and a 15% increase in earnings per share to $11.62, Apple handsomely rewarded shareholders.
The Cupertino, Calif. company sweetened its quarterly dividend 8%, or $0.24 per share, to $3.29, for a 2.3% yield. That's worth an additional $827 million in annual payouts to shareholders, and the company added $1.5 billion to payouts last year.
Now it's the S&P 500 Index's biggest dividend payer. The iPhone maker also added $30 billion to its stock buyback program (to $90 billion) and declared an unusually large and rare 7-for-1 stock split.
The split has many experts suggesting Apple will be added to the illustrious Dow Jones Industrial Average. The biggest American company by market cap, Apple has never been part of the historic 30-stock index, due in large part to its high stock price. Once the split is complete on June 9, Apple is a more likely Dow candidate.
Following are 30 other dividend stocks that increased payouts in the week ending April 25, 2014.
Dividend-Paying Stocks That Just Boosted Payouts
Avery Denison Corp. (NYSE: AVY) raised its quarterly dividend $0.06 to $0.35 a share for a near 3% yield.
Bar Harbor Bankshares (NYSE: BHB) boosted its quarterly dividend 2.9% to $0.22 a share for a 2.41% yield. It was the Maine bank's 12th consecutive quarterly increase. The company also announced a 3-for-2 stock split payable May 19.
Celanese Corp. (NYSE: CE) raised its quarterly payout $0.07 to $0.25 a share for 1.21% yield.
Cullen/Frost Bankers Inc. (NYSE: CFR) upped its quarterly dividend a penny to $0.51 a share for a 2.6% yield.
EMC Corp. (NYSE: EMC) increased its quarterly dividend 15% to $0.115 a share for a 1.81% yield.
Fidelity Southern Corp. (Nasdaq: LION) doubled its dividend to $0.08 a share for a 2.33% yield.
First Merchants Corp. (Nasdaq: FRME) fattened its dividend $0.03 to $0.08 a share for a 1.5% yield.
Just-released: Of the almost 5,000 dividend-paying stocks to choose from, these three companies provide superior payouts and superior long-term growth potential.
Global Partners LP (NYSE: GLP) upped its quarterly payout 2% to $0.62 a share for a 6.27% yield.
Holly Energy Partners LP (NYSE: HEP) hiked its quarterly dividend 1.5% to $0.50 a share for a 6.3% yield.