Host Hotels and Resorts
New Dividend: 7 cents quarterly (per share)
Dividend Percent Increase: 16.7%Current Yield: 1.79% Hotelier Host Hotels and Resorts (HST - Get Report) owns 121 upscale and luxury hotels across the globe, with close to 65,000 rooms between them. Like Realty Income, Host is a REIT, but unlike the monthly dividend company, Host isn't a commercial landlord. >>20 Smaller Stocks With Growing Dividends That means that the firm's payouts aren't as predictable and immune to market hiccups. And Host's dividend payout shows it too -- the company yields 1.79%, versus the hefty 4.35% yield that Realty Income shells out. Still, the firm has slowly been growing its dividends as it improves its tenuous profitability. This week's 16.7% hike marks the sixth consecutive quarterly increase for HST. It may not attract income-hungry investors, but it's a welcome addition for existing shareholders.