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7 Companies That Raised Their Dividends This Week

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Crown Castle International

American Electric Power

were among the larger U.S. companies that declared dividend increases this week.


(ticker:ACI), whose businesses include grocery stores and drugstores, declared a quarterly dividend of 12 cents a share, up 20% from 10 cents.

As of Oct. 21, the stock had returned about 70% this year, dividends included, versus about 22% for the

S&P 500.
It was recently yielding 1.6%.

Crown Castle International (CCI) plans to boost its quarterly disbursement to $1.47 a share, an 11% increase from $1.33.

Crown Castle International is a real estate investment trust whose assets include cell towers. The stock, which yields 3.3%, has returned about 14% this year.

American Electric Power

(AEP) said it will raise its quarterly payout to 78 cents a share from 74 cents. That’s an increase of about 5%. The utility’s stock, which yields 3.6%, has returned about 5% in 2021.


(VFC) declared a quarterly dividend of 50 cents a share, an increase of 1 cent, or 2%. The company’s businesses include apparel, footwear, and accessories. The stock, which yields 2.8%, has returned about minus 12% this year.

Seagate Technology

(STX) declared a quarterly dividend of 70 cents a share. That’s about a 4% boost from 67 cents a share. The stock, which has returned about 36% this year, yields 3.1%.

Brown & Brown

(BRO) plans to boost its quarterly dividend by a penny to 10.25 cents a share, up 11% from 9.25 cents. Shares of the insurance brokerage firm yield 0.6%, and the stock has returned 39% this year.

Huntington Bancshares

(HBAN) announced a dividend increase of about 3% to 15.5 cents a share from 15 cents. The regional bank is based in Columbus, Ohio. Its shares have returned about 34% this year, and they yield 3.6%.

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