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The Top Dividend Stocks of the Week

Stock quotes in this article: COF , FLR , GMT , COP , MER , RIO , VIP  

Updated from 6:24 a.m. EST

Companies are continuing to send strong positive signals by increasing their dividends. The companies that boosted their payements last week are involved in businesses across the board, including banking, publishing, railroad equipment, electric utilities and direct marketing.

To assist those investors looking for higher-yielding market plays, Stockpickr has put together the Top Dividend-Increasers for the Week Ending 2-2-08.

One of the biggest dividend raises last week came from credit card and banking company Capital One Financial(COF Quote), which increased its quarterly dividend to 37.5 cents a share from 2.7 cents. In addition to the dividend increase, the company's board approved a $2 billion share-buyback plan. The stock has a price-to-earnings (P/E) ratio of 12, a P/E-to-growth (PEG) ratio of 0.7 and a yield of 2.6%. ...

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