PetSmart

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New Dividend: 16.5 cents quarterly (per share)

Dividend Percent Increase: 18%

Current Yield: 0.97%

It's been an awesome year to be a PetSmart ( PETM) shareholder: Shares of the $7.2 billion pet product retailer have rallied more than 30% so far in 2012. And management is upping the return ante with a bigger dividend payout this week, ratcheting its dividend by 18% to 16.5 cents.

PetSmart currently has a footprint of 1,250 big-box stores spread across the country, selling products like pet food, supplies, and toys as well as smaller pets and services like grooming or training. With consumables (like dog chow) making up such a big part of the firm's business, recurring sales should continue to generate enviable performance from this big box retailer.

I also featured PetSmart recently in " 5 Rocket Stocks to Buy After the Greek Vote."

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