Start the conversation
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.
If you aren't a Money Morning Member, sign up now for free to see 24 dividend stocks that just raised payouts. You'll also get this Members-only report: "How to Make 2015 Your Wealthiest Year Yet." It tells you the three habits to dump immediately, the single most effective strategy for your portfolio, and five stocks to get you started to a wealthier you.