Expeditors Raises Dividend for 17th Straight YearExpeditors International of Washington, Inc. (EXPD) declared a semiannual dividend of $0.25 per share today, a 25% improvement over its previous two payouts. This marks the 17th consecutive year the global logistics company has given its shareholders a raise. Shares of EXPD now yield 0.94% at today’s $53.07 closing price.
Expeditors International has raised its annual dividend total every year dating back to 1995, and grown its payout by double-digits in all of those years except one (2010).
VSE Boosts Dividend For 8th Consecutive YearVSE Corporation (VSEC) declared a quarterly dividend of $0.07 per share today, a 17% improvement over the $0.06 paid each of the previous four quarters by the government contractor. This marks the eighth consecutive year VSE has given its shareholders a double-digit raise.
Shares of VSE now feature a 1.05% dividend yield at today’s $26.76 closing price.
VSE has increased its annual dividend total every year dating back to 2004, pushing its payout higher by a total of 250% over that span.
Public Storage Gives Shareholders a 19% RaisePublic Storage (PSA) declared a quarterly dividend of $0.95 per share within today’s first quarter earnings release, boosting its payout by 18.8%. Shares of PSA now yield 3.28% at today’s $115.96 closing price.
The self-storage facility REIT has now raised its dividend three times since the beginning of last year, pushing its payout higher by a total of 73% in that short span.
DTE Energy Raises Dividend AgainDTE Energy Company (DTE) declared a quarterly dividend of $0.5875 per share today, a 4.9% improvement over the $0.56 paid last quarter by the diversified energy company. Shares of DTE now yield 4.62% at today’s $50.84 closing price.
DTE has now raised its dividend twice in the last nine months, which is pretty incredible considering the company only increased its payout once from 1993 to 2010.
Union Pacific Gives Another Monster Dividend HikeUnion Pacific Corporation (UNP) declared a quarterly dividend of $0.475 per share today, a 25% increase over its previous payout and a 44% improvement over its dividend from the same period last year.
The transportation giant has now raised its dividend six times since 2007, more than tripling its payout over that short period.
Shares of UNP are currently trading at $101.89 (+1.32%), where they now feature a 1.86% dividend yield.