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

Intel

(INTC) - Get Report

, 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

Qualcomm

(QCOM) - Get Report

, which yields 1.4%,

Motorola

( 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.

(MKC) - Get Report

, 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

Unilever

(UL) - Get Report

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 Stockpickr.com,

MyCramerSelection

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

MasterCard

(MA) - Get Report

, which yields 0.3%,

Caterpillar

(CAT) - Get Report

, which pays 2%, and

Bunge

(BG) - Get Report

, with a yield of 0.6%.

A third company that increased its dividend is

Laclede Group

(LG)

, 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

(WGL)

, which pays 4.1%,

Atmos Energy

(ATO) - Get Report

, which yields 5%, and

Nicor

, 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 TheStreet.com 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

and

SuperCa$h

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

click here

to send him an email.

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