Nike announced yesterday that the company will increase their quarterly dividend by 15% to $.31 per share.
Sysco Corporation announced today that the company will increase their quarterly dividend by 4% to $.26 per share.
This marks the second time in the past year that Bob Evans has increased their quarterly dividend.
Scotts Miracle-Gro announced today that the company is doubling their quarterly dividend to $.25 per share.
Investors in Kaydon Corporation will start seeing a slightly higher dividend in October.
The chipmaker can certainly afford to increase their dividend. Altera finished the second quarter with $2.1 billion in cash and virtually no debt on their balance sheet.