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
TheStreet Open House

12 Stocks With Increasing Dividends

The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.

By Jim Woods, InvestorPlace Stocks & Markets Writer

NEW YORK ( InvestorPlace) -- Earnings season is in full swing, and many of the biggest companies reported results over the past week.

Stellar numbers from standout companies such as Apple (AAPL), McDonald's (MCD) and Verizon (VZ) have grabbed the financial headlines, but on the dividend stock front, there's also been plenty of big news that has made investors smile.

We saw a bevy of big companies increase payouts to shareholders, and that's a continuation of the trend we've seen so far through the first six months of the year.

According a recent post in Businessweek, U.S.-listed common stocks increased their dividend payments to $30.2 billion in the first half of 2011.



> > Check Out TheStreet's List of Top Dividend Stocks

That number already surpasses all of 2010's dividend increases, which came out to $26.5 billion. These numbers translate into an 11.1% dividend increase through the first half of 2011 vs. last year. This week, the dividend parade continued with the following 12 companies increasing payouts. (We've included five of them here, plus a link to read about the other seven.)

Dividend Stock No. 1 - Altera (ALTR)

Semiconductor maker Altera, which specializes in programmable logic devices, reported second-quarter net income that beat analyst expectations. The company also gave Wall Street some excellent guidance going forward, saying it expects sales to rise 2% to 6% sequentially, which means it is expecting $559.4 million to $581.3 million in revenue. Analysts were expecting that number to be just $548.9 million.

Altera saw the results as a green light to reprogram its quarterly dividend payment by 2 cents per share to 8 cents per share. The new dividend will be paid Sept. 1, to shareholders of record as of Aug. 10.

Dividend Stock No. 2 - Aptar Group (ATR)

Aptar Group is a supplier of dispensing systems for the fragrance/cosmetic, personal care, pharmaceutical, household and food/beverage markets. The company dispensed a quarterly dividend increase to shareholders of 22%, increasing its payout to 22 cents per share. The new dividend is payable Aug. 23, to shareholders of record as of Aug. 2.

Aptar also said that it repurchased 600,000 shares of common stock for approximately $31.2 million, leaving approximately 900,000 shares authorized for repurchase at the end of the second quarter. The company's board also approved the repurchase of an additional 4 million shares.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
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 17,042.90 -28.32 -0.17%
S&P 500 1,972.29 -5.51 -0.28%
NASDAQ 4,493.39 -12.4620 -0.28%

Brokerage Partners

Rates from Bankrate.com

  • 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