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Dividend Investing News, Feb. 9, 2015: Stocks that sport attractive and growing dividends are still the best option for income seekers as interest rates remain low.
More than half of S&P 500 companies currently yield more than the 10-year Treasury note's 1.93%. Plus, dividend stocks offer an added bonus of potential capital appreciation. Investors can't get that from Treasuries.
A total of 76 dividend stocks raised payouts last week, including General Motors Co. (NYSE: GM). Nine companies announced special dividends.
Biotech giant Gilead Sciences Inc. (Nasdaq: GILD) also announced last Thursday it will start paying a dividend in Q2 2015. Gilead will pay a quarterly dividend of $0.43 for a yield of 1.75%.
Following are 30 notable companies that hiked payouts during the week ending Feb. 6.
Dividend Investing: 30 New Increases
AGL Resources Inc. (NYSE: GAS) raised its quarterly dividend $0.02 to $0.51 a share for a 3.72% yield. The March 1 dividend marks the 269th consecutive quarterly payout from the energy services company since 1948.
Archer Daniels Midland Co. (NYSE: ADM) moved its quarterly dividend up $0.04 to $0.28 a share for a 5.5% yield. ADM has been growing its dividend for the last 40 years.
Bemis Co. Inc. (NYSE: BMS) boosted its quarterly payout a penny to $0.28 a share for a 2.33% yield.
Church & Dwight Co. Inc. (NYSE: CHD) increased its quarterly dividend 8.1% to $0.33 a share for a 1.63% yield. CHD has been boosting its dividend for the last nine years.
Cincinnati Financial Corp. (Nasdaq: CINF) hiked its quarterly payout $0.02 to $0.46 a share for a 3.54% yield.
CME Group Inc. (NYSE: CME) raised its quarterly dividend $0.03 to $0.50 a share for a 2% yield. The operator of the largest U.S. stocks/option market has been hiking its dividend every year for the last four.
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