Below are several other companies joining JNJ and PG in rewarding their shareholders with higher cash dividends:
- Southern Company (SO) raises annual dividend by 4.2% to $1.75/share, Yield: 5.94%
- Coach (COH) initiates $0.30/share annual dividend, Yield: 1.32%
- Hudson City Bancorp (HCBK) bumps its quarterly dividend to $0.15/share, Yield: 4.93%
- J. M. Smucker (SJM) boosts dividend 9.3% to $0.35/share, Yield: 3.65%
It is always good to see the dividend raisers exert themselves. Hopefully this trend will continue as the fearful & fragile make way for the confident & capable. As a dividend investor, I look forward to the coming weeks. For more companies with a long string of consecutive dividend increases, see this list.
Full Disclosure: Long JNJ, PG. See a list of all my income holding here.
Tags: [COH] [HCBK] [JNJ] [MS] [PG] [SJM] [SO]