The following table provides a summary of recent dividend increases for stocks in my watch list, sorted by the last column, %Increase. Dividend amounts are annualized.
Dividend Increases: Aug 16 - Sep 15, 2013
|Brinker International, Inc.||
|Bob Evans Farms Inc||
|Philip Morris International Inc||
|Altria Group Inc||
|Atlantic Tele-Network, Inc.||
|New Jersey Resources Corp||
|Toronto-Dominion Bank (USA)||
|Williams Companies, Inc.||
|Community Bank System, Inc.||
|BHP Billiton Limited||
|BHP Billiton plc||
|Cincinnati Financial Corporation||
|Verizon Communications Inc.||
|Tera Pharmaceutical Industries Ltd||
|Realty Income Corp||
|China Mobile Ltd.||
|Smith & Nephew plc||
|China Petroleum & Chemical Corp||
Highlighted in the table are BBL and CHL, stocks I own in DivGro.
BBL's modest dividend increase raises its current yield to 3.92%. The next quarterly dividend of $1.18 per share will be payed on September 25, to shareholders of record on September 6.
As is the case with several semi-annual dividend payers, CHL has a pattern of paying one smaller dividend and one larger dividend every year. CHL pays dividends in May and September. The pattern of payments since 2010 looks like this:
( $0.84 $0.82 ) ( $0.92 $0.91 ) ( $1.01 $0.95 ) ( $1.03 $0.98 )By paying 98 cents this month, CHL actually confirmed a year-on-year dividend increase of 3.84%. The quarterly dividend of 98 cents per share will be paid on October 10, to shareholders of record on September 6.
Both SNN and SNP similarly pay one smaller dividend and one larger dividend every year, so the decreases shown in the table are nothing to be concerned about.
Full Disclosure: Long BBL, CHL