Seven Companies Raising Dividends In This Difficult Market - Dividends4Life

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Seven Companies Raising Dividends In This Difficult Market
Jul 03, 2008 08:49 AM UTC

Dividends4Life

Return	Risk
+0.63%	MID

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Symbol	Sentiment	Start	Return	Closed
HRB	n/a
BBY	n/a
EXM	n/a
PFBX	n/a
MDT	n/a
CSX	n/a

Via Long Investment Ideas from Seeking Alpha:

If you are a dividend investor, last weeks melt-down provided a great opportunity for buying dividend stocks. As the price goes down, the yield goes up. Many companies continued to increase their dividends giving investors something to be happy about. Below are several companies that increased their dividends last week:

Excel Maritime (EXM) Boosts Qtr Dividend Guidance 100% To $0.40/Share
Medtronic (MDT) Raises Qtr. Dividend 50% to $0.1875
New York Mortgage Trust (NYMT) Raises Dividend 33% to $0.16/Share
CSX Corporation (CSX) Increases Dividend 22% to $0.22/Share
Best Buy (BBY) Increases Dividend 8% to $0.14/Share
Peoples Financial Corp. (PFBX) Raises Dividend 7% to $0.29/Share
H&R Block (HRB) Raises Dividend 5% to $0.60/Share

After running these companies through my [D4L-PreScreen.xls] model none of them warranted additional consideration. MDT was the closest with a NPV of MMA Differential of $1,338.

At the time of this writing, I did not own any of the aforementioned stocks.

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