7 Stocks With Raised Dividends Last Week

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 |  Includes: AFG, GLW, NWN, OZRK, QRE, RPM, SNH
by: Dividend Screen

In difficult economic times, it makes sense to scout for investment opportunities with robust business models and sustainable dividends. Despite the uncertainty, many companies are running well and still confident about the economic future. That’s the reason they have raised dividends. With this thesis in mind, here are seven stocks which have raised dividends within the recent week.

1. American Financial Group (NYSE:AFG) is acting within the property and casualty insurance industry. The company has a market capitalization of $3.2 billion, generates revenues in an amount of $4.5 billion and a net income of $403.0 million. It follows P/E ratio is 8.5 and forward price to earnings 8.9, price/sales 0.7 and price/book ratio 0.7. Dividend yield: 2.0 percent. The company announced to raise its premium payout to shareholders by 8 percent, lifting its quarterly dividend to 17.5 cents per share.

2. Corning (NYSE:GLW) is acting within the diversified electronics industry. The company has a market capitalization of $21.1 billion, generates revenues in an amount of $7.3 billion and a net income of $3.3 billion. It follows P/E ratio is 6.4 and forward price to earnings 6.8, price/sales 2.9 and price/book ratio 1.0. Dividend yield: 1.5 percent. The company announced to raise its quarterly payout to 7.5 cents per share, an increase of 50 percent.

3. Bank of the Ozarks (NASDAQ:OZRK) is acting within the regional southeast banks industry. The company has a market capitalization of $732.5 million, generates revenues in an amount of $178.1 million and a net income of $102.0 million. It follows P/E ratio is 7.2 and forward price to earnings 12.4, price/sales 4.1 and price/book ratio 1.9. Dividend yield: 1.8 percent. The firm increased its payout by 5.3 percent to 10 cents per share.

4. Northwest Natural Gas (NYSE:NWN) is acting within the gas utility industry. The company has a market capitalization of $1.2 billion, generates revenues in an amount of $847.5 million and a net income of $65.1 million. It follows P/E ratio is 18.3 and forward price to earnings 16.8, price/sales 1.4 and price/book ratio 1.7. Dividend yield: 3.9 percent. The company announced to increase its quarterly payout to 44.5 cents from 43.5 cents per share.

5. QR Energy (NYSE:QRE) is acting within the independent oil and gas industry. The company has a market capitalization of $742.9 million, generates revenues in an amount of $227.8 million and a net los of $24.0 million. It follows P/E ratio is not calculable and forward price to earnings ratio is 17.5, price/sales 3.3 and price/book ratio 4.2. Dividend yield: 7.9 percent. The company announced to increase its payout to shareholders by more than six cents to 47.5 cents.

6. RPM International (NYSE:RPM) is acting within the specialty chemicals industry. The company has a market capitalization of $2.7 billion, generates revenues in an amount of $3.4 billion and a net income of $186.0 million. It follows P/E ratio is 13.9 and forward price to earnings 11.6, price/sales 0.8 and price/book ratio 2.1. Dividend yield: 4.2 percent. The company announced a payout of 21.5 cents per share representing a 2.4 percent increase over the prior quarter’s payout of 21 cents.

7. Senior Housing Properties Trust (NYSE:SNH) is acting within the residential REITs industry. The company has a market capitalization of $3.2 billion, generates revenues in an amount of $376.6 million and a net income of $144.8 million. It follows P/E ratio is 19.8 and forward price to earnings 18.9, price/sales 8.5 and price/book ratio 1.4. Dividend yield: 7.1 percent. The company announced to raise its quarterly dividend payout to 38 cents per share from 37 cents.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.