Ride Out This Market With Dividend Stocks
10/07/08 - 03:44 PM EDT
Updated from 7:01 a.m. EDT
Standard & Poor's just announced that 138 stocks cut their dividends during the third quarter of 2008, which is a huge 557% increase over the 21 companies that decreased their dividends during the same quarter last year. Reported dividend increases fell 21.2% In addition, the number of dividend-raisers fell from 439 to 346 during the same periods. Even so, during the last week, when the stock market had one of the biggest drops in years, there were still companies that increased their dividends. Stockpickr has reviewed all the dividend declarations and compiled a list of the top dividend-raisers for the week, including Clarcor(CLC Quote - Cramer on CLC - Stock Picks) and Campbell Soup(CPB Quote - Cramer on CPB - Stock Picks). To find out which stocks are bumping up their stockholder payouts, go to Stockpickr.com.


