Dividend Stock: C.R. Bard (BCR)

C.R. Bard announced last week that it raised the quarterly dividend for its shareholders 6% to 18 cents a share. BCR stock will also be part of a new buyback program worth about $500 million. The medical device maker made its next dividend payable Aug. 6 to shareholders of record as of July 26.

C.R. Bard has a respectable dividend yield of about 0.9%, and the stock is up about 4% year to date, so this isn't exactly a homerun. But dividend stock investors should take notice of the recent increase to C.R. Bard's yield.

At the time of publication, Reeves had no positions in stocks mentioned.

If you liked this article you might like

Toys 'R' Us Store Employees Set for Higher Wages Despite Bankruptcy

Target Expands Next-Day Delivery Program

Target Is Taking on the Big Guys

Cramer: Dominoes Are in Play Today