Speaking of the H. J. Heinz Company (HNZ) and dividends, yesterday the company reported results in-line with the analyst consensus estimate and raised its quarterly common stock dividend from $0.415 to $0.42. The current dividend yield based on the new rate is 4.63%.
Below are other companies being 'slow good' to their shareholders by increasing the cash dividends paid:
- Unum Group (UNM) raised its quarterly dividend by 10% to $0.0825/share, yielding 1.96%
- PPD, Inc. (PPDI) increased its quarterly dividend by 20% to $0.15/share, yielding 3.05%
- Monro Muffler (MNRO) boosts its quarterly dividend by 16.7% to $0.07/share, yielding 1.08%
- Fred's (FRED) quarterly dividend soared by 50% to $0.03/share, yielding 0.90%
- SUPERVALU (SVU) raised its quarterly dividend by 1.45% to $0.175/share, yielding 4.36% (Analysis)
Full Disclosure: No position in the aforementioned companies. See a list of all my income holdings here.
Tags: [FRED] [HNZ] [MNRO] [PPDI] [SVU] [UNM]