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As more and more large cap companies unveiled their results, there were many dividend announcements as well. Other large cap companies such as Intel (NASDAQ:INTC), Microsoft (NASDAQ:MSFT), IBM and Google (NASDAQ:GOOG) released quarterly results and provided guidance for future quarters. Other companies such as Bank of America (NYSE:BAC) set a negative tone with their most recent dividend cut, while others like General Electric (NYSE:GE) provided reassurance that their dividend and triple A rating are safe and will be maintained. Despite the negative news several notable dividend increases occurred over the past week. This has been the most dividend increases I have seen since I began reviewing weekly changes in dividend policies for US publicly traded entities in 2008.

Polaris Industries Inc. (NYSE:PII) announced that its Board has approved a 3% increase in its quarterly dividend to $0.39 per common share. Polaris Industries Inc. is a dividend achiever, which has consistently increased its dividends for 14 years. The stock currently yields 6.40%.

Pall Corporation (NYSE:PLL) announced that its Board has approved an 11.50% increase in its quarterly dividend to $0.145 per common share. Pall Corporationis has consistently increased its dividends since 2005. The stock currently yields 2.00%.

Canadian National Railway (NYSE:CNI) announced that its Board has approved a 10% increase in its quarterly dividend. Canadian National Railway is an international dividend achiever, which has consistently increased its dividends for 13 consecutive years. The stock currently yields 2.30%. The company has managed to double its dividends every four to five years since 1996.

Westamerica Bancorporation (NASDAQ:WABC) announced that its Board has approved an increase in its quarterly dividends from $0.35 to $0.36 per common share. Westamerica Bancorporation is a dividend achiever, which has consistently increased its dividends for 17 years. The stock currently yields 3.10%.

ALLETE, Inc. (NYSE:ALE), which engages in the generation, transmission, distribution, and marketing of electrical power, announced that its Board has approved a 2.3% increase in its quarterly dividends to $0.44 per common share. The stock currently yields 5.70%.

Natural Resource Partners L.P. (NYSE:NRP), which engages in the ownership and management of coal properties, announced that its Board has approved an increase in its quarterly dividends to $0.535 per common share. Natural Resource Partners L.P. has consistently increased its dividends almost every quarter since going public in 2003. The units currently yield 10.20%. Over the past 5 years the partnership has managed to double its dividends.

Comm Bancorp, Inc. (CCBP) announced that its Board has approved an increase in its quarterly dividends from $0.27 to $0.28 per common share. Comm Bancorp, Inc. has consistently increased its dividends since 2005. The stock currently yields 2.90%.

Hudson City Bancorp, Inc. (NASDAQ:HCBK) announced that its Board has approved an increase in its quarterly dividends to $0.14 per common share. Hudson City Bancorp, Inc. has consistently increased its dividends since 2000. The stock currently yields 4.00%.

Wesco Financial Corporation (NYSEMKT:WSC), which engages in insurance, furniture rental, and steel service center businesses, announced that its Board has approved a 2% increase in its quarterly dividends from $0.385 to $0.395 per common share. Wesco Financial Corporation is a dividend champion and an achiever, which has consistently increased its dividends for 37 years. The stock currently yields 0.50%.

Genuine Parts Company (NYSE:GPC), which is engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials, announced that its Board has approved a 3% increase in its quarterly dividendsto $0.40 per common share. Genuine Parts Company is a dividend champion and an achiever, which has consistently increased its dividends for 53 years. The stock currently yields 4.80%.

Magellan Midstream Holdings, L.P. (MGG), which owns and controls Magellan GP, LLC, the general partner of Magellan Midstream Partners, L.P. (NYSE:MMP), announced that its Board has approved an increase in its quarterly dividends to $0.359 per common share. Magellan Midstream Holdings, L.P. has consistently increased its dividends since it went public in 2006. This MLP currently yields 9.10%.

CMS Energy (NYSE:CMS), which operates in energy businesses primarily in Michigan, announced that its Board has approved a 40% increase in its quarterly dividends to $0.125 per common share. CMS Energy had suspended its dividend in 2002 and initiated a reduced payment in 2007. The stock currently yields 3.00%.

Healthcare Services Group, Inc. (NASDAQ:HCSG) announced that its Board has approved an increase in its quarterly dividends from $0.16 to $0.17 per common share. Healthcare Services Group, Inc. has consistently increased its dividends since 2003. The stock currently yields 2.00%.

The four stocks that grabbed my attention for further research include Polaris Industries, Canadian National Railway, Westamerica Bancorporation and Genuine Parts Company.

Disclosure: Author is long GE.

Source: A Busy Week for Dividend Increases