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

Consumer Dividend Stocks Increasing Payouts

NEW YORK ( TheStreet) -- J.M. Smucker (SJM), General Mills (GIS), Gannett (GCI) and Darden Restaurants (DRI) were among the consumer stocks to raise their dividends in recent weeks.

On July 25, J.M. Smucker announced a 9.1% increase to its quarterly dividend, paying shareholders 48 cents per share, up from 44 cents. The next dividend will be paid on Sept. 1 to shareholders of record on Aug. 12. That brings J.M. Smucker's yield to around 2.4%.

On July 18, media and publishing company Gannett said its board approved a 100% increase to its quarterly dividend, paying 8 cents per share, up from 4 cents. The higher payout will be available on Oct. 3 to shareholders of record on Sept. 9. That will bring Gannett's dividend yield to around 2.4%.

On June 30, Darden Restaurants, the operator of Red Lobster, Olive Garden and LongHorn Steakhouse restaurants, said it increased its dividend by 34.4% to 43 cents per share, up from 32 cents. The higher dividend will be paid on Aug. 1 to shareholders of record on July 11, bringing its yield to around 3.2%.

On June 28, General Mills increased its quarterly dividend to 30.5 cents per share, 8.9% higher than its prior payout of 28 cents per share. The next dividend will be paid on Aug. 1 to shareholders of record on July 11. That brings General Mills' yield to around 3.2%.

Not all consumer stocks have raised their diviends, but many maintained the cash they paid their shareholders recently.

Read on for More Dividend Increases .
1 of 3

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
BBY $33.50 0.00%
CLX $106.12 0.00%
FDX $171.13 0.00%
JNJ $98.44 0.00%
PEP $94.66 0.00%

Markets

DOW 17,730.11 -27.80 -0.16%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs