Comcast, Chevron, and 7 More Companies That Just Boosted Their Stock Dividends

Text size

Comcast raised its dividend this week.

Jeff Fusco/Getty Images for Comcast

Chevron
,

Comcast
,
and

Kimberly-Clark

were among the many U.S. companies that declared dividend increases this week.

Energy giant Chevron (ticker: CVX) said it plans to boost its quarterly disbursement by 8 cents a share to $1.42, up 6%.

The stock, which yields 4.4%, has a one-year return of about 62% as of the close on Jan. 27, dividends included, compared with 17% for the

S&P 500.

Several other energy firms declared dividend increases as well.

Oil services company

Halliburton

(HAL) said it plans to raise its quarterly dividend to 12 cents a share, more than double the 4.5 cents it has been paying. The stock, which yields 1.5%, has a one-year return of about 80%.

Another energy firm,

Phillips 66

(PSX), said this week that it plans to raise its quarterly dividend by 2 cents, or about 2%, to 92 cents a share.

The stock, which has a one-year return of about 26%, yields 4.3%. The company’s midstream orientation includes refining operations.

Elsewhere, Comcast (CMCSA) declared a quarterly dividend of 27 cents a share, up 2 cents, or 8%, from 25 cents. That equates to $1.08 a share on an annualized basis. The entertainment and communications company’s stock, whose one-year return is about 1%, yields 2.2%.

Kimberly-Clark (KMB), a consumer products company whose brands include Kleenex and Scott paper towels, plans to up its quarterly dividend to $1.16 a share. That’s an increase of 2 cents, or nearly 2%.

The stock, which yields 3.4%, has a one-year return of about 3%. This marks the 50th…

..

Read More

Recommended For You

Leave a Reply

Your email address will not be published.