Dividend Increases - April 11, 2009

Dividend increases continue at a slow pace, but they do continue to occur. Dividend investors always appreciate companies treating their shareholders to increased cash dividends. This week's dividend increases include:

• Genesis Energy (GEL) increased its Qtr. Distribution by 2.3% to $0.3375/share (Yield: 11.49%
• TJX Companies (TJX) raised its Qtr. Dividend to $0.12/share (Yield: 1.74%)
• Plains All American (PAA) boosts its Cash Distribution by 4.6% to $0.905/unit (Yield: 9.20%)
• Tanger Factory Outlet (SKT) bumps its Qtr. Dividend to $0.3825/share, (Yield: 4.36%)
  

The dividend slashers continue to outnumber the raisers, but the 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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