D.R. Horton and 7 More Companies That Raised Their Stock Dividends

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It was a busy week for dividend increases among large U.S. companies across a variety of sectors.

Healthcare company

Becton Dickinson

(ticker: BDX) said it plans to raise its quarterly disbursement to 91 cents a share, up 4.6% from 87 cents a share.

The stock, which yields 1.6%, has returned about minus 6% this year through Nov. 11, dividends included, compared with minus 16% for the

S&P 500
.

The company’s portfolio includes medical devices, supplies, and laboratory equipment. This marks the 51^st consecutive year in which the company has raised its dividend.

Lodging company

Marriott International

(MAR) declared a quarterly dividend of 40 cents a share, an increase of 33% from 30 cents a share. The stock, which yields 0.7%, has returned about minus 0.5% year to date.

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Home builder

D.R. Horton

(DHI) plans to boost its quarterly payout to 25 cents a share from 22.5 cents. That’s an increase of 11%. The stock, which has returned minus 21% this year, yields 1.2%.

Roper Technologies

(ROP) said it will boost its quarterly dividend to 68.25 cents a share, up from 62 cents currently. That’s an increase of 10%. It’s the 30^th consecutive annual dividend increase for the company.

The stock, which yields 0.6%, has returned minus 10% this year.

Automatic Data Processing

(ADP) has approved a 20% increase of its dividend to an annual rate of $5 a share. That equates to a quarterly payout of $1.25 a share, up from $1.04 currently. This marks the 48th straight year of dividend increases for the company.

The stock, which has returned 2.5% in 2022, yields 2%.

Utility

DTE Energy

(DTE) declared a quarterly dividend of 95.25 cents a share. That’s an increase of 7.6% from 88.5 cents.

The stock, which yields 3.1%, has returned around minus 2% this year.

Atmos Energy

(ATO) said it will pay a quarterly dividend of 74 cents a share. That’s $2.96 a share on an annual basis, an increase of nearly 9% over what it paid out in fiscal 2022, which ended in September.

The stock, which has returned 7.6% this year, yields 2.7%.

The company, based in Dallas, distributes and stores natural gas.

Assurant

(AIZ) said it plans to boost its quarterly payout by 2 cents, or 3% to 70 cents a share.

The stock, which yields 2.1%, has returned about minus 17% year to date.

Write to Lawrence C. Strauss at [email protected]