The granddaddy of them all in terms of size is Exxon Mobil (XOM). The oil giant has reduced shares outstanding by 5.1% over the past year, and currently yields 2.6%. The company has grown its dividend by 8.3% over the past seven years.
XOM Dividend data by
Intel (INTC), which currently yields 3.4% and has reduced its shares outstanding by 5.1% over the past year also made the cut. The company still has nearly $13.65 billion in cash and short-term investments on the books.
INTC Dividend data by YCharts
Just one restaurant name qualified: Darden (DRI). The company's dividend has grown from 4 cents quarterly in 2005 to 50 cents last month, for a solid 3.7% indicated yield.
DRI Dividend data by YCharts
Other companies meeting the criteria include Conoco Phillips (COP); retailers Lowe's (LOW), Walgreen (WAG) and Safeway (SWY); and aerospace and defense names Lockheed Martin (LMT), Raytheon (RTM) ), Northrop Grumman (NOC) and L-3 Communications (LLL).
At the time of publication the author had no holdings in any of the stocks mentioned. This article was written by an independent contributor, separate from TheStreet's regular news coverage.
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