This Major Oil Producer Just Increased Its Dividend 40%

Marathon Petroleum Corporation (MPC) engages in refining, transporting, and marketing petroleum products primarily in the United States. July 25th the company increased its quarterly dividend 40% to $0.35 per share. The dividend is payable Sept. 10, 2012 to shareholders of record as of the close of business Aug. 16, 2012. The yield based on the new payout is 3.1%. Below are other companies increasing their cash dividends during the last week:

Intel Corporation (INTC) designs, manufactures, and sells integrated digital technology platforms primarily in the Asia-Pacific, the Americas, Europe, and Japan. July 26th the company increased its quarterly dividend 7.1% to $0.225 per share. The dividend is payable Sept. 1, 2012 to stockholders of record on Aug. 7, 2012. The yield based on the new payout is...

Source: Dividend Growth Stocks

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