This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

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

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,778.15 +421.28 2.43%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs