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

Middlesex Water Dividend Increase

Middlesex Water Company (MSEX) reported a 42% jump in net income last week and a 16% jump in operating revenue for the third quarter. Alongside the favorable earnings report for Middlesex came a nominal dividend increase of a quarter of a penny.

Though a quarter of a penny increase to the quarterly dividend from 18 cents to 18.25 cents barely moves the needle on the company's 3.9% dividend, it's worth noting Middlesex has paid dividends since 1912. The new dividend rate is payable Dec. 1 to shareholders of record as of Nov. 15. Shares of MSEX stock are slightly profitable year-to-date, but have lagged the broader stock market considerably.

Cognex Dividend Increase

Cognex Corp. (CGNX) declared a cash dividend for the third quarter of 2010 of 8 cents a share, a 33% in crease from its previous payout of 6 cents a share the previous quarter. That gives the company a dividend yield of about 1%. The new Cognex dividend is payable Dec. 17 to shareholders of record Dec. 3.

Cognex provides "machine vision" products that capture and analyze information in order to automate tasks, primarily in manufacturing. This type of cutting-edge gear has been in high demand as companies look to cut production costs in a tough economic environment through better technology. As a result, CGNX stock has skyrocketed 65% year-to-date in 2010.

Atmos Dividend Increase

Mid-cap natural gas utility Atmos Energy Corp. (ATO) eked out a measly half-cent increase in its quarterly dividend. However, with a yield of 4.4% and a history of payouts dating back to 1984, it is still a dividend investor favorite. Atmos raised its payday from 33.5 cents to 34 cents, and will cut checks for this bigger payday Dec. 10 to shareholders of record Nov. 26.

Atmos is one of the country's largest natural-gas-only distributors (based on the number of customers). Shares are essentially flat year to date, but ATO stock is up against a new 52-week high, so the company could be ready for growth.

At the time of writing, Reeves did not own a position in any of the stocks mentioned.

--Written by Jeff Reeves in New York.

>To contact the staff member responsible for this article, click here: Ross Snel.

>To follow the writer on Twitter, go to http://twitter.com/JeffReevesIP.

>To submit a news tip, send an email to: tips@thestreet.com.

5 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
RKT $61.97 2.94%
AAN $37.16 0.00%
AME $52.73 0.00%
CNK $34.72 0.00%
NCMI $13.10 0.00%

Markets

Chart of I:DJI
DOW 16,351.38 +293.03 1.82%
S&P 500 1,948.86 +35.01 1.83%
NASDAQ 4,749.9790 +113.8740 2.46%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs