NEW YORK (
(TIF - Get Report)
(CLX - Get Report)
(FDX - Get Report)
were among the consumer stocks to raise their dividends in recent weeks.
(BBY - Get Report)
raised its dividend by 7% to 16 cents a share, the electronics retailer said Ton June 21. Its board also approved a plan to buy back $5 billion in common shares.
The higher dividend will be paid on Oct 25 to shareholders of record on Oct. 4.
Pet supply retailer
increased its dividend by 12% to 14 cents a share. The higher payout will be available on Aug. 12 to shareholders of record at the close of business on July 29.
PetSmart also announced a new $450 million share repurchase program, commencing on Aug. 1 and continuing until January 2013.
John Wiley & Sons
announced on June 16 that it raised its quarterly dividend by 4 cents a share to 20 cents. The new dividend is payable on July 14, to shareholders of record as of July 5.
The increase followed John Wiley's 2% uptick in fiscal fourth-quarter earnings, which came with a 2% rise in revenue as well.
Host Hotels & Resorts
(HST - Get Report)
, a lodging
real estate investment trust
, raised its shareholder payout by 200% this month, to 3 cents a share from a penny a share.
Read on for More Dividend Increases