Stockpickr
Top Dividend Stocks for the Week
Stockpickr Staff
12/16/08 - 05:15 PM EST
Updated from 7:59 a.m. EST
It was a great week for utilities last week, especially during a down market week for the Dow Jones Industrial Average. With this in mind, it's interesting to note that a third of the stocks that increased their dividends last week were utility stocks.
As Jim Cramer said, dividends "hold the key to the deceleration of the bear."
Stockpickr has reviewed the companies that had dividend declarations last week and put together a list of the top dividend-increasers for the week, including such stocks as AT&T (T Quote) and DPL (DPL Quote).
To read more, visit Stockpickr.com.
Tuesday, shares of AT&T closed up at $27.13 (up 4%), as did shares of DPL: $21.49/share, up 3%.