Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Recent Stock Dividend Increasers In Early May

|Includes: American Water Works Company, Inc. (AWK), COST, CVX, IBM, PEP, XOM

The following stocks have recently increased their dividends. This is the sign of a good company and could be the sign of an improving economy.

American Water Works Company (NYSE:AWK) announced an increase of its quarterly cash dividend payment from $0.25 to $0.28 per share, a 12 percent increase.

Costco (NASDAQ:COST) raised its dividend by 12.70% to 31 cents per share.

IBM (NYSE:IBM) raised its quarterly dividend by 11.8% to 95 cents per share.

PepsiCo (NYSE:PEP) raised quarterly distributions by 5.6% to 56.75 cents per share.

Royal Dutch Shell plc (RDS-A) raised its quarterly dividend by 4.7% to 90 cents per share.

Jack Henry & Associates (NASDAQ:JKHY) declared a quarterly dividend of $0.20 per share, a 54% increase over the prior payout of $0.13 per share.

ExxonMobil (NYSE:XOM) recently declared a 10.5% dividend increase.

Chevron (NYSE:CVX) declared an 11% dividend increase.

If you like interesting lists like this, check out the many stock lists at, most of which are free.

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