Skip to main content

Dividend Stocks for the Week

These companies recently raised their dividends.

Updated from 8:07 a.m. EDT, March 17

If a stock has raised its dividend regularly over many years, that means it's a good buy, right?

Not necessarily. According to

RealMoney's

Gary Dvorchak, long-term dividend performance is not what matters right now, "

since those records were built mostly during good times

." Rather, he likes the companies that are currently raising dividends, in the midst of a bad recession.

Every week, Stockpickr reviews the recent dividend declarations and compiles a portfolio of the

top dividend-raisers

for the previous week. This week's portfolio includes such stocks as

Piedmont Natural Gas

(PNY)

, yielding 4.5%, and

TheStreet Recommends

Franklin Resources

(BEN) - Get Franklin Resources, Inc. Report

, yielding 1.8%.

To read more,

visit Stockpickr.com

.

Who's on Stockpickr Answers?

Tim Melvin

will be on

Stockpickr Answers

on March 18 to respond to investing and trading questions posed by members of the Stockpickr community. Not a member?

Join the Stockpickr community today -- free.

Stockpickr is a wholly owned subsidiary of TheStreet.com.