Similar to the last couple of weeks, this week's dividend increases are few in number, but there are some familiar names. Dividend investors always welcome seeing companies treating their shareholders to increased cash dividends. This week's dividend increases include:
Hatteras Financial Corp. (HTS) increased its quarterly dividend to $1.05/share for the first quarter of 2009. (Yield 17.84%)
HTS is an externally managed mortgage real estate investment trust (REIT) formed to invest in adjustable-rate and hybrid adjustable-rate single-family residential mortgage pass-through securities guaranteed or issued by a United States Government agency.
Raytheon (RTN) raised its quarterly dividend by 11% to $0.31/share. (Yield over 3%)
RTN is the world's fifth largest military contractor, specializes in making high-tech missiles and electronics.
Pepsi Bottling Group (PBG) increased its quarterly dividend by 5.8% to $0.18/share. (Yield over 3%)
PBG is the world's largest manufacturer, seller and distributor of carbonated and non-carbonated Pepsi-Cola beverages.
The dividend raisers continue to be outnumbered by the slashers, but raisers are still there, if you look for them. For more companies around the world with a long string of consecutive dividend increases, see my updated Stock Ideas page.
Full Disclosure: No position in any of the aforementioned securities.
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