Updated from 6:19 a.m. EST
Several major companies in varied industries raised their dividends last week, proving that there are high-yield gems in this recent financial turmoil. Half a dozen companies increased their dividend payments by 10% or more, with three of those companies bumping up their payouts by more than 35%.
To help sort through these stock ideas, Stockpickr has put together a list of the Top Dividend-Raisers for the Week Ending Feb. 23.
At the top of the list is CNH Global (CNH Quote), a Dutch manufacturer of agricultural and construction equipment. The company's board last week recommended doubling its annual dividend payment from 25 cents to 50 cents a share. If approved, the move would be the first such dividend increase in five years. The stock has a price-to-earnings (P/E) ratio of 22 with a yield of 0.5%. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,388.90 | 1,105.98 | 2,194.35 | 34.83 |
Oil *
77.74
|
|
UP
22.75
|
UP
6.06
|
UP
21.21
|
UP
1.03
|
10 Yr
3.48%
SPDR Gold
113.75
|
|
+0.22%
|
+0.55%
|
+0.98%
|
+3.05%
|
Data delayed 20 minutes |
Connect with TheStreet