15 Dividend Increasing Dividends For A Rainy Day
Published Fri, 20 May 2011 on iStockAnalyst

Life often deals us difficult circumstances to work through at what seems to be the most inopportune time. During economic downturns, many people lose their jobs at a time when companies aren't hiring. When things like this happen, those with an alternative income, including dividend growth stocks, are in a better position to deal with the circumstances thrust on them.
Below are several companies increasing their dividends and in turn better preparing their shareholders for a financial rainy day:
Safeway Inc. (SWY) is one of the largest food and drug retailers in North America based on sales. May 19th the company increased its quarterly dividend 21% to $0.145 per share. The dividend is payable on July 14, 2011, to stockholders of record at the close of business on June 23, 2011. The yield based on the new payout is 2.3%.
The Western Union Company (WU) provides money transfer and payment services worldwide. May 19th the company increased its quarterly dividend 14% to $0.08 per share. The dividend is payable June 30, 2011 to shareholders of record at the close of business on June 17, 2011. The yield based on the new payout is 1.5%.
Tiffany & Co. (TIF) operates jewelry stores and manufactures products through its subsidiary corporations. May 19th the company increased its quarterly dividend 16% to $0.29 per share. The dividend will be paid on July 11, 2011 to stockholders of record on June 20, 2011. The yield based on the new payout is 1.7%.
KeyCorp (KEY) is one of the nation's largest bank-based financial services companies, with assets of approximately $90 billion. May 19th the company increased it quarterly dividend to $0.03 per share. The dividend is payable June 15, 2011 to shareholders of record on May 31, 2011. The yield based on the new payout is 1.4%.
Corn Products International, Inc. (CPO) is a leading global provider of ingredient solutions to diversified industries. May 18th the company increased its quarterly dividend 14% to $0.16 per share. The dividend is payable on July 25, 2011, to stockholders of record at the close of business on June 30, 2011.123... Read more