This Day On The Street
Continue to site
ADVERTISEMENT
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

15 Stocks With Dividend Increases

By Jeff Reeves of InvestorPlace

NEW YORK ( TheStreet) -- High-yield dividend stocks and income investing strategies have been in favor so far in 2010. That's largely because of great economic uncertainty, and the safety net that a guaranteed dividend payout provides. After all, if the market moves sideways but your portfolio has a dividend yield of 3% or 4%, you're still making decent profits while you tread water.

And if you want to be in dividend stocks, it goes without saying that you want to be in the best dividend stocks -- that is, picks that appreciate in share price and raise their payouts instead of slashing dividends or seeing stock prices slump. To that end, here's a comprehensive look at 15 top dividend stocks that have just raised their quarterly payouts.

Dividend increases we discussed previously included gold miner GoldCorp (GG) and food-products giant Sara Lee (SLE). Although we don't have a lot of big names on this list, there are some lesser-known utilities and REITs and even entertainment companies you should take note of if you're a dividend investor. That's because many of these stocks boast yields of more than 3%, and many of them have enjoyed returns two or three times the broader market thus far in 2010.

Take Cinemark Holdings (CNK - Get Report), a theater operator with a new dividend yield of 4.5% and returns of 40% since July! It's not a dividend headliner like Verizon (VZ), but certainly shouldn't be overlooked. So don't overlook some of these small-cap dividend gems.

Here they are: 15 stocks that increased dividends in the last week

Simon Property Dividend Increase

On Monday, Simon Property Group (SPG - Get Report) announced a 33% hike in its dividend thanks to dramatically improved earnings. The Indianapolis-based real estate investment trust (REIT) increased its quarterly dividend to 80 cents from 60 cents previously. Annualized, the move gives Simon a dividend yield of over 3% at current valuations. The dividend is payable Nov. 30 to shareholders of record Nov. 16.

Simon primarily owns and operates malls, and has been hard-hit by the slowdown in consumer spending. Though third-quarter earnings fell on debt-related charges, SPG stock was helped by the fact sales by its tenants jumped more than 10% on the quarter. Shares are up 10% in the last week alone thanks to strong earnings.

There could be more good news for dividend investors looking forward. Simon Property Group's CEO said the firm may raise the dividend again at the end of next year if the trend keeps up.



1 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
AAN $35.90 0.00%
AME $54.75 0.00%
CNK $41.20 0.00%
NCMI $15.98 0.00%
RKT $66.70 0.00%

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs