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Some investors received a double bonus last week, not just an increase in share price but also a boost in dividend, providing a nice financial gift for year-end.

Stockpickr has reviewed the list of stocks that increased their dividends last week and assembled the ones with the greatest percentage increases in their dividend payouts in the

Dividend-Raisers for the Week Ended 12-02-07


At the top of the list is



, which increased its dividend by 13%. The stock has a price-to-earnings (P/E) ratio of 24.8, a P/E-to-growth (PEG) ratio of 1.2, and it pays a yield of 1.7%.

Intel shares are owned by

Moore Capital

, a group of hedge funds managed by noted trader Louis Bacon. Its Global Investments fund has generated an average annual return of 24% since inception. Moore also owns



, which yields 1.4%,


( MOT), with a 1.3% yield, and

Lehman Brothers

( LEH), which pays a 1% yield.

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Another dividend-raiser last week was spice maker

McCormick & Co.


, which increased its dividend by 10%. Last month, the company announced that it's buying the Lawry's business, which makes seasonings and marinades, from



for more than $600 million. McCormick has a P/E of 22.6, a PEG of 2.2 and a yield of 2.3%.

McCormick shows up in another interesting portfolio on,


. This portfolio tracks various stocks discussed by Jim Cramer. Other stocks in the portfolio are



, which yields 0.3%,



, which pays 2%, and



, with a yield of 0.6%.

A third company that increased its dividend is

Laclede Group


, which raised its dividend by 2.7%. This 150-year-old company was one of the original companies in the

Dow Jones Industrial Average

. It recently reported record earnings for the fifth year in a row. The stock has a P/E of 14.9, a PEG of 5.2 and a yield of 4.3%.

The Stockpickr portfolio,

High-Yield Natural Gas Stocks

, has Laclede listed in its portfolio. The portfolio also includes

WGL Holdings


, which pays 4.1%,

Atmos Energy


, which yields 5%, and



, which has a yield of 4.4%.

To see the entire list of the stocks with the greatest percentage increase in their dividend payout last week, check out the

Top Dividend-Raisers-for-the-Week-Ending-12-02-07

, go to Stockpickr.

At the time of publication, Altucher and/or his fund had no positions in stocks mentioned, although positions may change at any time.

James Altucher is president of Stockpickr LLC, a wholly owned subsidiary of and part of its network of Web properties, and a managing partner at Formula Capital, an alternative asset management firm that runs a fund of hedge funds. He is also a weekly columnist for

The Financial Times

and the author of

Trade Like a Hedge Fund


Trade Like Warren Buffett



. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback;

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