(Updated from 8:07 a.m. with closing share prices.)
There are basically two ways for a stock owner to make money: through the capital appreciation of the share price and through the dividend payout.
For investors that are after dividend portion of the return, dividend-increasing stocks have a lot of appeal. Stockpickr has reviewed all the stocks that declared dividends last week and came up with a list of the
One of the biggest increases in dividends last week was at the defensive stock
, the manufacturer of consumer products ranging from Pine-Sol to Armor All to Burt's Bees to Glad bags. Clorox boosted its dividend by 9% to 50 cents per share per quarter, or $2 on an annualized basis; the new dividend is payable Aug. 14 to holders of record July 27. The stock closed up 36 cents, or 0.6%, at $56.68 on Thursday.
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