1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Dividend
Dividend
Articles (981) 

Williams Partners (WPZ) Hiked Dividends by 1.77% and 7 Others Followed

Yesterday was a good day in terms of dividend growth. Eight companies raised their dividend payments. The biggest stock was the specialty chemical company Williams Partners (NYSE:WPZ). WPZ announced a 1.76 percent dividend hike and yields at 6.67 percent. The company has a rosy future. Analysts are expecting earnings per share to grow by at least 12 percent over the next five years. Only the high debt to equity ratio of 4.20 gives investors a bad taste.

Seven of eight companies with dividend growth on the last trading day have a market capitalization of more than USD1 billion. Oil and gas companies are the most represented stocks.

The highest yielding stock is the drilling and explorations company Legacy Reserves (NASDAQ:LGCY) with a 8.22 percent dividend yield. LGCY raised its quarterly dividends by 0.87 percent yesterday.


Rating: 3.6/5 (5 votes)

Comments

Please leave your comment:


GuruFocus Mobile App


User Generated Screeners


rael2222VB ok 60.84
9gebbbLFG Quant Valuation I
rod1z52-Week-Low With Gurus
vinwayPEG
derdavid1
DBrizanreturn on tang assets15
James LiCurrently Profitable Sloans
yowie89Pinoy Cheap List
rael2222?????
rael2222???
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK