7 Stocks That Are Going To Pay Increased Dividends

Investors are familiar with the fact that companies which regularly increase dividends believe that they have the potential to increase their earnings in the future as well. After analyzing various companies that have been regularly increasing their dividends we have shortlisted a few companies that are going to pay well in the next quarter.

Following is a list of seven companies which have announced an increase in their dividends last week and will be paying their shareholders pretty soon:

PolyOne (NYSE: POL)

Established in 1927 and based in Avon Lake, Ohio, PolyOne is a manufacturer of specialized polymers both in the US and abroad. The company works on special formulations, colors, additives, plastic packaging sheets and other polymer solutions. Its products are sold worldwide either through direct sales personnel or through retail distributors.

PolyOne is going to pay $0.135 per share as a quarterly dividend. This represents an increase of 12.5% compared to the dividend yield in the previous quarter. The newly announced dividend will be paid on 6 January next year and is applicable to all shareholders of business as of 16 December 16, 2016.

Brown & Brown (NYSE: BRO): Established in 1939, Brown & Brown’s headquarters is based in Daytona Beach, Florida. The company mainly sells insurance products. Its portfolio includes insurance, reinsurance, risk management, healthcare management and administrative management for third parties.

It also sells certain services that are not covered by Medicare. It has a wide customer base which includes various businesses, public sectors, individuals, trades persons and worker unions, professional associations among others.

On 13 October, the company announced that it is going to pay $0.135 per share as a quarterly dividend. This represents an increase of 10.2% compared to the dividend yield in the previous quarter. The newly announced dividend will be paid on 9 November to shareholders of record as of 28 October.

Thor Industries (NYSE: THO)

Established in 1980, Thor is based in Elkhart, Indiana. A recreational vehicle manufacturer, Thor also manufactures and sells recreational vehicle related spare parts and accessories. It has business units throughout the US and Canada. Its portfolio includes travel trailers, fifth wheels, folding campers, specialty trucks, specialty recreational vehicles (towable) and equestrians. It also manufactures Class A, B and C motorhomes.

Thor is going to pay $0.33 per share as a quarterly dividend. This represents an increase of 10% compared to the dividend yield of $0.30 in the previous quarter. The newly announced dividend will be paid on 7 November to stockholders of business as of 20 October.

Eaton Vance (NYSE: EV)

Established in 1944, Eaton Vance’s headquarters is based in Boston, Massachusetts. The company deals with wealth creation, marketing management, marketing and managing investment funds within the US. It has $298.9 billion worth of assets and is a pioneer in offering wealth management strategies and investment solutions.

Eaton Vance is going to pay $0.28 per share as a quarterly dividend. This represents an increase of 5.66% compared to the dividend yield of $0.265 during the previous quarter. The newly announced dividend will be paid on 15 November to stockholders of record as of 31 October.

International Paper Company (NYSE: IP)

Established in 1898 in Memphis, Tennessee, International Paper is a paper packaging company operating in Russia, North America, Latin America, Europe, Middle East, Asia and North Africa. Its portfolio includes both industrial and consumer packaging with colorless paper and pulp. The company has approximately 58,000 employees and its net sales in 2014 were approximately $24 billion.

International Paper is going to pay $0.462 per share as a quarterly dividend. This represents an increase of 5.11% compared to the dividend yield of $0.44 in the previous quarter. The newly announced dividend will be paid on 15 December to shareholders of business as of 11 November.

Omega Healthcare Investors (NYSE: OHI)

Established in 1992 in Hunt Valley, Maryland, Omega Healthcare is a self-managing real estate investment trust (REIT) which invests in budding as well as existing medical facilities across the US. The company helps healthcare administrators by providing them with lease or mortgage loans. It funds on the basis of revolving credit and also provides loans through secured indebtedness.

Omega Healthcare Investors is going to pay $0.61 per share as a quarterly dividend. This represents an increase of 1.67% compared to the dividend yield of $0.60 in the previous quarter. The newly announced dividend will be paid on 15 November and is applicable to shareholders of record as of 31 October. It has announced an ex-dividend date of 27 October.

Healthcare Services Group (NASDAQ: HCSG)

Established in 1976 and based in Bensalem, Pennsylvania, HCSG offers housekeeping services including management, operating and administrating services. It also provides other services such as laundry, premises maintenance, linen and supplying dietary food for people with various health conditions in nursing homes, retirement homes, rehabilitation centers and numerous hospitals across the US.

HCSG announced in 11 October that it is going to pay $0.185 per share as a quarterly dividend. This represents an increase of 0.68% compared to the dividend yield in the  previous quarter. The newly announced dividend will be paid on 16 November 16. It has announced an ex-dividend date of 27 October.

Note: Please note that we are not recommending these stocks. Investors should perform their own research before investing in shares of any company mentioned above.

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