Here is the latest list of companies increasing their quarterly dividends that are rated as bullish or better by a consensus group of analysts through the equity summary score.
AmTrust Financial Services, Inc. (AFSI) announced that its Board of Directors approved an 11.1% increase in the common stock quarterly cash dividend, raising it from $0.09 to $0.10 per share of common stock. The dividend will be payable on July 16, 2012 to shareholders of record as of July 2, 2012. AFSI has a dividend yield of 1.43%. AFSI has an equity summary score of 9.7 out of 10 for a VERY Bullish outlook.
VSE Corporation (VSEC) reported that the Company’s Board of Directors has declared a quarterly dividend of $0.08 per share, increasing the cash dividend by 14% for an annual payout rate $0.32 per share. The dividend will be paid on August 8, 2012, to stockholders of record as of July 25, 2012. VSE has paid cash dividends since 1973 and has increased its dividend each year since 2004. VSEC has a dividend yield of 1.36%. VSE has an equity summary score of 9.2 out of 10 for a VERY Bullish outlook.
Cardinal Health (CAH) announced that its board of directors has approved a 10.5 percent increase in the company’s quarterly dividend to $0.2375 per share, or $0.95 per share on an annualized basis. The regular dividend is payable on July 15 to shareholders of record on July 1. Cardinal Health has paid a $0.215 per share quarterly dividend since July 15, 2011. This is the 111th consecutive regular quarterly dividend. CAH has a dividend yield of 2.21%. CAH has an equity summary score of 9.3 out of 10 for a VERY Bullish outlook.
The Board of Directors of Chesapeake Utilities Corporation (CPK) declared a quarterly cash dividend of$0.365 per share on the Company’s common stock. The Board’s action raises the annualized dividend eight cents per share from $1.38 to $1.46 per share, equating to a 5.8% increase over the prior year. The $0.365 per share dividend will be paid July 5, 2012 to all shareholders of record at the close of business on June 15, 2012. CPK has a dividend yield of 3.49%. CPK has an equity summary score of 7.9 out of 10 for a Bullish outlook.
PepsiCo Inc. (PEP) announced that it’ll increase its annual dividend by 4% to $2.15 a share, from $2.06 a share. Shareholders of record as of June 1 will be issued a quarterly payment of 53.8 cents as share on June 29. It’s the 40th consecutive annual dividend increase for the Purchase, N.Y., drinks and snack maker. PEP has a dividend yield of 3.23%. PEP has an equity summary score of 7.7 out of 10 for a Bullish outlook.