Updated from 6:59 a.m. EDTEven though we are "officially" in a bear market, companies are continuing to increase their dividends. Stockpickr.com has reviewed the stocks with dividend announcements last week and compiled a portfolio of the dividend raisers for the week. The portfolio includes such stocks as United Security Bancshares ( SE), Kayne Anderson ( KED) and New York Mortgage Trust ( NYMT - Get Report). For the rest of the article, including analysis on the stocks that increased their dividends, please click here.
More from Investing
Splunk Shares Higher as J.P. Morgan Upgrades Software Firm to Overweight
Analyst Mark Murphy has been bullish on Splunk's fundamentals for at least three quarters, but concern about valuation kept the firm neutral. After a cash-flow guide-down, the `Street consensus [is] largely derisked.'
Cracker Barrel Shares Climb on Earnings Beat, Positive Outlook
Same-restaurant sales rose 3.8% in the quarter, and expectations for fiscal 2020 are for growth of 2% to 3%.
Apogee Shares Jump Following Second-Quarter Earnings Beat
Architectural glass and services were the catalysts for the quarter.
Burlington and TJX Shares Higher After Analyst Upgrade; Other Retailers Lower
While tariffs have hit traditional retailers hard, they have provided a big opportunity for Burlington, which has seen market-share gains as shoppers seek out less expensive alternatives, according to UBS.