5 Strong Companies That Increased Yield By More Than 10%
By Justin Weinstein:In the current bull market, many investors have gone away from dividend-yielding stocks in search of growth. Though there may be some validity to that, an increase in the dividend often points to a company in a solid financial position that wants to reward investors. This year, many stocks have raised their dividends, but five strong companies are of particular note. These companies are:Dr. Pepper Snapple (DPS): DPS has experienced dramatic dividend growth in the face of delivering above-estimated fourth quarter earnings along with a solid 2012 projection.
- Yield: 3.56%
- 1-Year Growth of Dividend: 34.4%
- 4Q Operating EPS of $0.39, up 11%; Full-year 2011 Operating EPS of $1.37, up 22% (excluding effects of preferred redemption)
- 4Q Continuing EPS of $0.37, up 3%; Full-year 2011 Continuing EPS of $1.23, up 8%