NEW YORK ( TheStreet) -- A growing number of companies have upped their dividends this year, but the following also have upside, based on analysts' target prices. Oracle (ORCL - Get Report), Newmont Mining (NEM - Get Report), Dow Chemical Company (DOW - Get Report) and Airgas (ARG - Get Report) are among those who have raised their annualized dividend payout between 15% and 67%.During the first quarter of 2011, 510 companies increased their dividends, up 27.8% from 399 companies in the year-ago quarter. In fact, of the 7,000 listed companies that divulge dividend information, only 30 lowered their dividend payment during the first quarter of 2011 vs. 48 in first-quarter 2010.
9 Companies With Raised Dividends, Upside: Analysts
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.