Top 10 Value Stocks With Increasing Dividends

Last week saw a number of public companies raise their dividends , despite overall market fears of a recession.

When a company raises its dividend payments it shows investors that the company has a positive outlook on future revenue growth. Stockpickr has reviewed all of last week's dividend-raisers and narrowed the names down by price/earnings-to-growth, or PEG, ratios in the Top 10 Dividend-Raisers by PEG.

At the top of the list is First Marblehead(FMD Quote), which just raised its quarterly dividend by 10% to 27.5 cents a share. The company, which provides outsourcing services for student-loan programs, last month reported a 10% jump in its fiscal fourth-quarter profit. The stock has a P/E ratio of 9 and a very low PEG of 0.24. It delivers a yield of 3.1%.

First Marblehead appears in the PEG Ratio Performance portfolio, which contains stocks with P/E ratios less than half of their expected growth rates. Other stocks listed in this portfolio are marine-shipping company Tidewater(TDW Quote), with an extremely low PEG of 0.17; gold company Eldorado Gold(EGO Quote), with a PEG of 0.37; and contract-drilling services company Noble Corp.(NE Quote), at 0.46. ...