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Stock Dividend Increasers for Early May

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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.

If you like interesting lists like this, check out the many stock lists at WallStreetNewsNetwork.com, most of which are free.

The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

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