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I couldn’t begin to estimate how many different stocks are traded around the world on the various exchanges. Like everything else, there are many participants, but few players. Though the population of stocks may be large, there are only a precious few that are worthy dividend stocks. Increasing dividends is one attribute that separates the good dividend stocks from the rest.

The best dividend stocks in the world consistently raise their dividends. This week these companies chose to step up and reward their investors with higher cash dividends:

Innophos Holdings, Inc. (NASDAQ:IPHS) engages in the production of mineral based specialty ingredients for food, beverage, dietary supplements, pharmaceutical, oral care, and industrial end markets. October 30th the company increased its quarterly dividend 14% to $0.40 per share. The dividend is payable November 29, 2013 to stockholders of record as of the close of business on November 15, 2013. The yield based on the new payout is 3.2%.

JMP Group Inc. (NYSE:JMP) provides investment banking and asset management services in the United States. October 30th the company increased its quarterly dividend 14.3% to $0.04 per share. The dividend is payable November 29, 2013 to stockholders of record as of November 15, 2013. The yield based on the new payout is 2.4%.

S&T Bancorp, Inc. (NASDAQ:STBA) operates as the bank holding company for S&T Bank that provides a range of financial services. October 29th the company increased its quarterly dividend 6.7% to $0.16 per share. The dividend is payable November 29, 2013 to shareholders of record on November 15, 2013. The yield based on the new payout is 2.6%.

Calavo Growers, Inc. (NASDAQ:CVGW) markets and distributes avocados, prepared avocados, and other perishable foods to food distributors, produce wholesalers, supermarkets, convenience stores, and restaurants worldwide. October 25th the company increased its annual dividend 7.7% to $0.70 per share. The dividend is payable Dec. 12, 2013 to stockholders of record as of Nov. 29, 2013. The yield based on the new payout is 2.2%.

NBT Bancorp, Inc. (NASDAQ:NBTB), a financial holding company, provides commercial banking and financial services to individuals, corporations, and municipalities. October 28th the company increased its quarterly dividend 5% to $0.21 per share. The dividend is payable December 15, 2013 to shareholders of record as of December 1, 2013. The yield based on the new payout is 3.5%.

Seagate Technology Public Limited Company (NASDAQ:STX) designs, manufactures, and sells electronic data storage products. October 28th the company increased its quarterly dividend 13.2% to $0.43 per share. The dividend is payable November 26, 2013 to shareholders of record as of the close of business November 12, 2013. The yield based on the new payout is 3.4%.

Mercury General Corporation (NYSE:MCY) engages in writing personal automobile insurance. October 28th the company increased its quarterly dividend 0.4% to $0.6150 per share. The dividend is payable December 26, 2013 to shareholders of record December 12, 2013. The yield based on the new payout is 5.1%.

CONMED Corporation (NASDAQ:CNMD) provides surgical devices and equipment for minimally invasive procedures and monitoring. October 28th the company increased its quarterly dividend 33% to $0.20 per share. The dividend is payable January 6, 2014 to all shareholders of record as December 16, 2013. The yield based on the new payout is 2.2%.

Simon Property Group, Inc. (NYSE:SPG) is an independent equity real estate investment trust. It engages in investment, ownership, and management of properties. October 25th the company increased its quarterly dividend 4.3% to $1.20 per share. The dividend is payable on November 29, 2013 to stockholders of record on November 15, 2013. The yield based on the new payout is 3.0%.

Selecting stocks with increasing dividends is critical for an income growth strategy. The above list contains stocks that recently raised their dividends; it is not a list of recommend buys. As always, due diligence should be performed before buying or selling any stock. For a list of stocks with a long string of consecutive cash dividend increases, see this list.

Disclosure: I am long MCY in my High-Yield portfolio. See a list of all my dividend growth holdings here.

Source: 9 Dividend Stock Delivering Good News With Higher Dividends