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

7 Dividend Stocks That Want to Pay You More Cash

Stock quotes in this article: QCOM, CL, GD, MJN, AMAT, SPLS, HST

Mead Johnson

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Mead Johnson (MJN) has seen some ups and downs in the last few months, but that hasn't stopped the pediatric nutrition firm from generating gains of more than 15% this year. Coupled with a 15.38% dividend increase announced last Friday, MJN is well positioned to continue outperforming the broad market in 2012.

Towards the end of 2011, there was some concern that the firm's Enfamil formula could have been tainted with Cronobacter bacteria, leading to the death of one child and the hospitalization of others. But the FDA and CDC effectively cleared the firm after not finding any traces of the bacteria in their testing. Although that risk knocked shares significantly lower to start the year, MJN has made up lost ground and then some in the last couple of months.

Customer stickiness, government subsidies, and international growth are three key reasons why Mead Johnson looks attractive right now. With each of those tailwinds working to propel shares, the firm's performance thus far could certainly have further to run.

While a 1.51% yield hardly makes MJN a core income holding, the payout is a nice added for investors who were willing to buy shares on other merits.

Mead Johnson is one of the top holdings at Daniel Loeb's Third Point, and it also shows up in Renaissance Technologies' portfolio as of the most recently reported quarter.

5 of 8

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 17,042.90 -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

  • 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