The Dow Jones Industrial Average crossed 25,000 points to start the new year as investors appear optimistic about improving economic growth and the tax bill that passed in late 2017. A handful of dividend stocks fueled further optimism for their shareholders with news of dividend increases.
Four notable dividend stocks increased their payouts over the last week, including a large oil and gas producer, two industrial firms and a financial services provider.
Here are four dividend stocks increasing payouts.
Cabot Oil & Gas Corporation (NYSE:COG) grew its quarterly dividend from 5-cents-per-share to 6 cents, representing a raise of 20%. The oil and gas producer will pay out its higher dividends to shareholders of record as of Jan. 24 on Feb. 7. COG shares trade ex-dividend on Jan. 23.
COG Dividend Yield: 0.83%
MSC Industrial Direct Co Inc (NYSE:MSM) increased its quarterly dividend by 21% to 58-cents-per-share from 48 cents. Shareholders of record as of Jan. 16 will receive dividends from the industrial products distributor on Jan. 30. The company’s shares trade ex-dividend on Jan. 12.
MSM Dividend Yield: 2.36%
Top 10 Dividend Stocks To Watch Right Now: Scana Corporation(SCG)
Advisors' Opinion:- [By Reuben Gregg Brewer]
SCANA Corporation's (NYSE:SCG) dividend yield is listed at an enticing 7%, but don't get suckered in. This utility is dealing with a very troubling situation right now. You are better off sticking to a high-yield stock like utility peer Duke Energy Corporation (NYSE:DUK) and its very generous 4.9% yield. Here's why.
- [By Matthew DiLallo]
Aside from checking on whether the company achieves that aim, there are two other items investors should keep an eye on in the second half of the year. First, the company continues to make progress on its proposed merger with SCANA (NYSE:SCG). Shareholders of SCANA recently voted in favor of that transaction, and Dominion has won the approval of several regulators, including the Federal Energy Regulatory Commission (FERC), the Federal Trade Commission, and the state of Georgia. However, the company still needs to get permission for the deal in North Carolina and South Carolina, with the latter one being a key sticking point due to SCANA's failed nuclear plant in the state. While Dominion has offered several concessions in the deal to win over both customers and legislators, it might not be enough since the state wants an even bigger rate reduction. The company remains optimistic that it can close the deal by the end of this year, though it's unclear if that will happen.
- [By Matthew Frankel, CFP®, Neha Chamaria, and Matthew DiLallo]
Granted, Dominion Energy's payout of around 70% is at the higher end, but it shouldn't be tough for the utility to maintain dividends given the highly regulated nature of its revenue. Of late, the market has been concerned about a couple of developments, including Dominion's impending acquisition of SCANA Corp. (NYSE: SCG) and its planned funding route that is now in the reworks because of regulatory changes.
- [By Lisa Levin] Companies Reporting Before The Bell General Motors Company (NYSE: GM) is projected to report quarterly earnings at $1.24 per share on revenue of $34.66 billion. Bristol-Myers Squibb Company (NYSE: BMY) is estimated to report quarterly earnings at $0.85 per share on revenue of $5.24 billion. United Parcel Service, Inc. (NYSE: UPS) is expected to report quarterly earnings at $1.55 per share on revenue of $16.44 billion. Time Warner Inc. (NYSE: TWX) is projected to report quarterly earnings at $1.74 per share on revenue of $7.91 billion. ConocoPhillips (NYSE: COP) is expected to report quarterly earnings at $0.74 per share on revenue of $8.81 billion. PepsiCo, Inc. (NYSE: PEP) is expected to report quarterly earnings at $0.93 per share on revenue of $12.4 billion. American Airlines Group Inc. (NASDAQ: AAL) is estimated to report quarterly earnings at $0.72 per share on revenue of $10.42 billion. Southwest Airlines Co (NYSE: LUV) is expected to report quarterly earnings at $0.74 per share on revenue of $5.01 billion. Fiat Chrysler Automobiles N.V. (NYSE: FCAU) is estimated to report quarterly earnings at $0.8 per share on revenue of $34.52 billion. Union Pacific Corporation (NYSE: UNP) is projected to report quarterly earnings at $1.66 per share on revenue of $5.38 billion. D.R. Horton, Inc. (NYSE: DHI) is expected to report quarterly earnings at $0.85 per share on revenue of $3.76 billion. The Hershey Company (NYSE: HSY) is estimated to report quarterly earnings at $1.4 per share on revenue of $1.94 billion. Praxair, Inc. (NYSE: PX) is expected to report quarterly earnings at $1.56 per share on revenue of $2.94 billion. Altria Group, Inc. (NYSE: MO) is projected to report quarterly earnings at $0.92 per share on revenue of $4.63 billion. Shire plc (NASDAQ: SHPG) is estimated to report quarterly earnings at $3.54 per share on revenue of $3.72 billion. Oshkosh Corporation (NYSE: OSK) is projected to report quarter
Top 10 Dividend Stocks To Watch Right Now: UniSource Energy Corporation(UNS)
Advisors' Opinion:- [By Ethan Ryder]
Uni Select (TSE:UNS) had its price target lifted by investment analysts at Macquarie from C$24.00 to C$25.00 in a report released on Wednesday. Macquarie’s price objective suggests a potential upside of 18.32% from the stock’s current price.
- [By Max Byerly]
Uni Select (TSE:UNS)‘s stock had its “hold” rating restated by equities research analysts at TD Securities in a report issued on Friday. They currently have a C$24.00 price objective on the stock. TD Securities’ price target points to a potential upside of 8.21% from the stock’s current price.
Top 10 Dividend Stocks To Watch Right Now: Raytheon Company(RTN)
Advisors' Opinion:- [By Max Byerly]
Fiduciary Financial Services of The Southwest Inc. TX decreased its stake in shares of Raytheon (NYSE:RTN) by 2.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 25,341 shares of the aerospace company’s stock after selling 566 shares during the quarter. Raytheon comprises about 1.5% of Fiduciary Financial Services of The Southwest Inc. TX’s investment portfolio, making the stock its 21st biggest holding. Fiduciary Financial Services of The Southwest Inc. TX’s holdings in Raytheon were worth $4,895,000 as of its most recent filing with the Securities and Exchange Commission.
- [By Motley Fool Transcribing]
Raytheon (NYSE:RTN) Q4 2018 Earnings Conference CallJan. 31, 2019 9:00 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Lou Whiteman]
This week's episode of Industry Focus: Energy is all about big defense -- the companies behind things like missiles, ships, and intelligence services. Host Michael Douglass and Motley Fool contributor Lou Whiteman run through the latest earnings reports from Lockheed (NYSE:LMT), Raytheon (NYSE:RTN), General Dynamics (NYSE:GD), and Northrop Grumman (NYSE:NOC).
Top 10 Dividend Stocks To Watch Right Now: PPL Corporation(PPL)
Advisors' Opinion:- [By Reuben Gregg Brewer]
That's why investors would be better off investing in high-yielding Duke Energy Corporation (NYSE:DUK) or PPL Corporation (NYSE:PPL). Here's what you need to know to decide.
- [By Joseph Griffin]
Shares of Pembina Pipeline Corp (TSE:PPL) (NYSE:PBA) have been given a consensus rating of “Buy” by the nine analysts that are currently covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is C$52.22.
- [By Joseph Griffin]
ValuEngine cut shares of Pembina Pipeline (NYSE:PBA) (TSE:PPL) from a hold rating to a sell rating in a research note released on Monday.
Separately, Zacks Investment Research lowered Pembina Pipeline from a strong-buy rating to a hold rating in a research note on Wednesday, May 2nd. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of $37.00.
- [By ]
If this is, indeed, the case, investors have a handful of high quality names at attractive prices to choose from. One that has popped up on my radar is PPL Corporation (NYSE: PPL).
Top 10 Dividend Stocks To Watch Right Now: First Financial Northwest Inc.(FFNW)
Advisors' Opinion:- [By Max Byerly]
First Financial Northwest (NASDAQ:FFNW) will be announcing its earnings results on Tuesday, July 24th. Analysts expect the company to announce earnings of $0.26 per share for the quarter.
- [By Stephan Byrd]
Get a free copy of the Zacks research report on First Financial Northwest (FFNW)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Ethan Ryder]
Get a free copy of the Zacks research report on First Financial Northwest (FFNW)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 10 Dividend Stocks To Watch Right Now: UMH Properties Inc.(UMH)
Advisors' Opinion:- [By Joseph Griffin]
WINTON GROUP Ltd bought a new stake in UMH PROPERTIES/SH SH (NYSE:UMH) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 86,705 shares of the real estate investment trust’s stock, valued at approximately $1,163,000. WINTON GROUP Ltd owned about 0.24% of UMH PROPERTIES/SH SH as of its most recent SEC filing.
- [By Lisa Levin]
Wednesday afternoon, the real estate shares surged 0.56 percent. Meanwhile, top gainers in the sector included Armada Hoffler Properties, Inc. (NYSE: AHH), up 3 percent, and UMH Properties, Inc. (NYSE: UMH) up 3 percent.
- [By Max Byerly]
Get a free copy of the Zacks research report on UMH PROPERTIES/SH SH (UMH)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 10 Dividend Stocks To Watch Right Now: Pinnacle West Capital Corporation(PNW)
Advisors' Opinion:- [By Shane Hupp]
Get a free copy of the Zacks research report on Pinnacle West Capital (PNW)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Logan Wallace]
Bank of America upgraded shares of Pinnacle West Capital (NYSE:PNW) from an underperform rating to a neutral rating in a research note issued to investors on Friday morning, Marketbeat.com reports. Bank of America currently has $81.00 target price on the utilities provider’s stock. The analysts noted that the move was a valuation call.
- [By Jon C. Ogg]
Pinnacle West Capital Corp. (NYSE: PNW) was raised to Outperform from Neutral and the price target was raised to $87 from $85 at Credit Suisse.
Salesforce.com Inc. (NYSE: CRM) was reiterated as Outperform and the price target was raised to $140 from $125 at JMP Securities.
Top 10 Dividend Stocks To Watch Right Now: 3M Company(MMM)
Advisors' Opinion:- [By Paul Ausick]
The second-worst Dow stock so far this year is General Electric Co. (NYSE: GE), which is down 16.3%. That is followed by Walmart Inc. (NYSE: WMT), down 15.6%, 3M Co (NYSE: MMM), down 12.8%, and Johnson & Johnson (NYSE: JNJ), down 8.9%. With the exception of Walmart, which is spending some $15 billion to acquire a majority stake in India’s Flipkart, the five worst performers all cut their losses last week, with GE adding about 3.6% to its share price.
- [By ]
It'd be one thing if GE were cheap, but on many metrics, it's not. Many investors at this point would rather pay for United Technologies Corporation (UTX) , Honeywell International Inc. (HON) or 3M Co (MMM) -- the last two of which are holdings in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio.
- [By Garrett Baldwin] Markets are keeping a close eye on the 10-year bond, which is hovering near 3% – an important psychological level that is likely to influence future price movements. On Monday, Fox Business Network's "Varney & Co." asked Money Morning Chief Investment Strategist Keith Fitz-Gerald if investors should be worried. Here's what Keith had to say about the 10-year Treasury yield… and how it will affect your stocks and bonds in the future. The price of Brent crude oil topped $75.00 and hit its highest level since November 2014. Oil traders were eyeing the ongoing efforts of OPEC and Russia to reduce excessive production around the globe, rising demand ahead of peak driving season, and the possibility that the Trump administration will slap Iran with a new round of sanctions. Three Stocks to Watch Today: KO, GOOGL, SLM Shares of The Coca-Cola Co. (NYSE: KO) added 1.2% after the firm easily beat earnings and revenue expectations. The firm cited strong demand for its new flavors of Diet Coke and its Coke Zero Sugar. Demand was so strong for the quarter that the firm reported organic sales growth of 5%. The company reported earnings per share of $0.47, topping estimates by a penny. Revenue of $7.6 billion easily beat Wall Street estimates. Shares of Alphabet Inc. (Nasdaq: GOOGL) seesawed in pre-market hours. The online search giant topped Wall Street earnings and revenue expectations after the bell Monday. However, shares were off 0.5% after executives announced that its business costs were on the rise. The firm's real estate and computer purchases tripled in one year, to $7.3 billion. About one-third of that total came from its $2.4 billion purchase of the Chelsea Market building in New York City. Good news for SLM Corp. (NYSE: SLM) investors, but bad news for indebted college students and graduates. The firm – also known as Sallie Mae – topped Wall Street earnings expectations on Monday. The firm said that it increased its loan o
Top 10 Dividend Stocks To Watch Right Now: S&P Smallcap 600(PH)
Advisors' Opinion:- [By Ethan Ryder]
Parker-Hannifin (NYSE:PH)‘s stock had its “hold” rating reissued by investment analysts at Cowen in a report issued on Friday. They presently have a $165.00 price target on the industrial products company’s stock. Cowen’s target price would indicate a potential upside of 0.94% from the company’s current price.
- [By Logan Wallace]
Ardevora Asset Management LLP reduced its stake in shares of Parker Hannifin (NYSE:PH) by 0.5% in the first quarter, HoldingsChannel.com reports. The fund owned 154,400 shares of the industrial products company’s stock after selling 800 shares during the quarter. Ardevora Asset Management LLP’s holdings in Parker Hannifin were worth $26,407,000 as of its most recent filing with the Securities & Exchange Commission.
- [By Logan Wallace]
Investment analysts at Barclays started coverage on shares of Parker-Hannifin (NYSE:PH) in a report issued on Thursday, MarketBeat reports. The firm set an “overweight” rating and a $200.00 price target on the industrial products company’s stock. Barclays’ price target indicates a potential upside of 12.54% from the stock’s current price.
Top 10 Dividend Stocks To Watch Right Now: P.T. Telekomunikasi Indonesia Tbk.(TLK)
Advisors' Opinion:- [By Max Byerly]
Telekomnks Indn Prsr Tbk Prshn Prsrn (NYSE:TLK) was upgraded by equities research analysts at Macquarie from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Wednesday, The Fly reports.
- [By Lisa Levin]
Tuesday afternoon, the telecommunication services shares climbed 1.18 percent. Meanwhile, top gainers in the sector included Intelsat S.A. (NYSE: I), up 7 percent, and Telekomnks Indn Prsr Tbk Prshn Prsrn-ADR (NYSE: TLK), up 3 percent.
- [By Anders Bylund]
Telekomunikasi Indonesia (NYSE:TLK), the largest telecommunications company in Indonesia, reported first-quarter results on Tuesday, May 2. Top-line sales rose modestly in the first quarter thanks to higher wireless subscriber counts and a healthy broadband business, but those upsides had to overcome a substantial headwind from a mass exodus of old-school wireline subscribers.
- [By Anders Bylund]
Telekomunikasi Indonesia (NYSE:TLK), the largest telecommunications company in Indonesia, reported second-quarter results on July 31st. The company is losing cellphone subscribers to lower-priced rivals, but management insists that charging higher prices for a higher-quality service is the right way to go.
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