Stock Dividend Increasers for Early May
The following stocks have recently increased their dividends. This is the sign of a good company and could be the sign of an improving economy.
American Water Works Company (NYSE: AWK) announced an increase of its quarterly cash dividend payment from $0.25 to $0.28 per share, a 12 percent increase.
Costco (NASDAQ: COST) raised its dividend by 12.70% to 31 cents per share.
IBM (NYSE: IBM) raised its quarterly dividend by 11.8% to 95 cents per share.
PepsiCo (NYSE: PEP) raised quarterly distributions by 5.6% to 56.75 cents per share.
Royal Dutch Shell plc (RDS-A) raised its quarterly dividend by 4.7% to 90 cents per share.
Jack Henry & Associates (NASDAQ: JKHY) declared a quarterly dividend of $0.20 per share, a 54% increase over the prior payout of $0.13 per share.
ExxonMobil (NYSE: XOM) recently declared a 10.5% dividend increase.
Chevron (NYSE: CVX) declared an 11% dividend increase.
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The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.