(Updated from 8:07 a.m. with closing share prices.)
There are basically two ways for a stock owner to make money: through the capital appreciation of the share price and through the dividend payout. For investors that are after dividend portion of the return, dividend-increasing stocks have a lot of appeal. Stockpickr has reviewed all the stocks that declared dividends last week and came up with a list of the top dividend-increasers for the week. One of the biggest increases in dividends last week was at the defensive stock Clorox(CLX Quote), the manufacturer of consumer products ranging from Pine-Sol to Armor All to Burt's Bees to Glad bags. Clorox boosted its dividend by 9% to 50 cents per share per quarter, or $2 on an annualized basis; the new dividend is payable Aug. 14 to holders of record July 27. The stock closed up 36 cents, or 0.6%, at $56.68 on Thursday. To read more, visit Stockpickr.com.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,339.09 | 1,101.18 | 2,201.89 | 35.03 |
Oil *
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UP
30.83
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UP
5.11
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UP
21.84
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