With an increase in consumer spending in the early months of 2010, apparel brands such as Oxford Industries ( OXM) are finally seeing solid revenue numbers. And thanks to a 22.2% dividend increase, investors are seeing some pretty impressive numbers themselves, with a quarterly payout of 11 cents per share. That increase puts Oxford's yield at a competitive 2.06%.

Oxford designs, produces and markets apparel for its own brands as well as private labels, selling directly to wholesalers, national chains, and department stores. The company's higher-margin branded products, which account for around 64% of sales, include names such as Tommy Bahama and Ben Sherman.

Oxford's business model is a strong one for a fickle apparel market. With high cost variability and outside manufacturers, the company can scale down its operations relatively easily without bleeding red ink. Despite significant losses in 2009 due to one-time expenses, the company has maintained a solid track record of profitability in the downturn, and its dividend remains fairly safe -- despite margins that are lower than we typically like to see.

For the rest of this week's dividend stocks, check out the Dividend Stocks portfolio on Stockpickr.

And if you haven't already done so, join Stockpickr today to create your own dividend portfolio.

-- Written by Jonas Elmerraji in Baltimore.


Follow Stockpickr on Twitter and become a fan on Facebook.
Jonas Elmerraji is the editor and portfolio manager of the Rhino Stock Report, a free investment advisory that returned 15% in 2008. He is a contributor to numerous financial outlets, including Forbes and Investopedia, and has been featured in Investor's Business Daily, in Consumer's Digest and on MSNBC.com.

If you liked this article you might like

Tesla Is Dropping but Now Is One of the Worst Times to Be Short

Your Guide to Making a Lot of Money on the Driverless Car Boom

GE's Toxic Price Action Has Legs -- Next Shoe to Drop

Kohl's Is Breaking Out After Teaming Up With Amazon: Chart

Walgreens Is Primed to Rally, With or Without Rite Aid