Since last year’s 21 percent dividend increase, WMT shares have gained 14 percent and have outpaced the 6 percent gain in the Dow Jones index.
Gannett announced today that they will double their dividend as profits at the newspaper company plunged 22 percent.
Walgreens today announced their biggest dividend increase ever and also authorized a $2 billion stock buyback program.
Medtronic announced today that the company will raise their quarterly dividend by 8 percent to $.2425 per share.
Best Buy announced today that the company had authorized a $5 billion stock repurchase program and will increase their quarterly dividend by 7 percent to $.16 per share.
This mega stock repurchase program represents about 8% of Walmart’s current market cap of $188.8 billion.
Cypress Semiconductor announced today that the company will initiate a quarterly dividend of $.09 per share beginning in July.
Costco announced yesterday that the company will give their shareholders a dividend increase and will initiate a $4 billion stock repurchase program.
Over the past 8 years, IBM has increased their dividend by 400%.
Humana announced today that the company will initiate a quarterly dividend program in July.
Amgen announced today that the company will pay their first dividend ever in the second quarter of 2011.
The dividend increase is the result of a special dividend $.07 per share that Wells Fargo will pay in the first quarter.
The dividend increase has been a long time in coming, but will lift the current dividend yield on JPM stock to 2.2%.
Patterson Companies announced today that the company will raise their quarterly dividend by 20% to $.12 per share and increase their stock repurchase program.
Qualcomm announced yesterday that the company is increasing their quarterly dividend by 13%.
Kohl’s announced yesterday that the company will initiate a quarterly dividend program for the first time ever at $.25 per share.
Health insurance stocks are starting to feel more confident about their cash flows and are finally paying reasonable dividends to their shareholders.
ConocoPhillips announced today that the company will offer investors a 20% dividend rate increase this quarter to $.66 per share.
This announcement marks the 17th consecutive year that Ross Stores has increased their dividend.
Broadcom announced today that the company is increasing their quarterly dividend by 13% to $.09 per share.
Following the dividend increase, Avery Dennison stock will offer investors a 2.4% current dividend yield.
Toy maker Mattel announced today that the company will increase their dividend by 11% to $.83 per share.
Lincoln National currently only pays out $.01 per share every quarter, so even with the dividend increase LNC shares will only yield 0.2%.
DeVry announced today that the company will increase their semi-annual dividend by 20% to $.12 per share
This marks the 28th consecutive year that the insurer has increased their dividend.
General Mills joins the ranks of blue chip stocks that are increasing their dividends in 2010.
Del Monte Foods is aggressively working to increase shareholder value and will nearly double their quarterly dividend this year.
Income investors are sure to take notice of Viacom now that the stock offers a higher dividend yield than other consumer media stocks like Disney or News Corp.
Here is a look at the top dividend stocks for May 2010 that managed to deliver impressive gains despite the market sell-off.