This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Dividend Stocks for the Week

Not a Stockpickr member? Join the community today -- for free.

SAN FRANCISCO ( TheStreet) -- One of Jim Cramer's top five rules for playing the markets defensively is that dividends limit downside risk. He advises that investors seek out stocks with consistent dividend growth, a welcome mat for new investors and a sign that the stock's dividend is safe.

David Peltier, portfolio manager of the Dividend Stock Advisor, agrees that investors should " focus on companies that are raising their dividends."

With that in mind, every week Stockpickr reviews the recent dividend declarations and compiles a portfolio of dividend-increasers for the week.

A recent big dividend-raiser was Lorillard (LO), the cigarette and tobacco company, which increased its quarterly dividend by 8.7% to $1 per share, up from 92 cents per share. This gives the stock a healthy yield of 5.3%. The dividend will be paid on Sept. 11 to shareholders of record on Sept. 1.

Lorillard's second-quarter profits surged by 32%, double what analysts had expected, on a 42% rise in revenues. Total dividend payouts of $165 million are covered about five times over by the company's operating cash flow of $812 million. The company has $750 million in total debt, and $1.56 billion in cash.

In addition to portfolios such as the weekly dividend-increasers list, Stockpickr provides professional portfolios, which list the holdings of mutual funds, hedge funds and money managers, giving investors the opportunity to see what stocks are owned by the pros. Lorillard shows up in the portfolio of Renaissance Technologies, which is considered in the industry to run one of the most successful hedge funds, the Medallion Fund. The fund was founded by Jim Simons in 1982. Renaissance also owns Wyeth (WYE), with a yield of 2.5%; Wal-Mart (WMT), with a yield of 2.1%; and Altria (MO), which pays a 7.1% dividend.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,131.97 +100.83 0.59%
S&P 500 1,998.98 +14.85 0.75%
NASDAQ 4,552.7590 +33.8570 0.75%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs