12 Stocks With Recent Dividend Growth

 | Sep 08, 2013 06:21AM ET

Last week, only 12 stocks and two funds announced dividend hikes.

Financial stocks dominate the results; eight of the stocks listed below belong to that sector. On average, stocks from this list hiked dividends by 16.99 percent.

Verizon Communications (VZ) has a market capitalization of $132.61 billion. The company employs 180,900 people, generates revenue of $115.846 billion and has a net income of $10.557 billion. Verizon Communications earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $37.190 billion. The EBITDA margin is 32.10 percent (the operating margin is 11.36 percent and the net profit margin 9.11 percent).

Financial Analysis: The total debt represents 23.08 percent of Verizon Communications assets and the total debt in relation to the equity amounts to 156.79 percent. Due to the financial situation, a return on equity of 2.53 percent was realized by Verizon Communications. Twelve trailing months earnings per share reached a value of $0.54. Last fiscal year, Verizon Communications paid $2.03 in the form of dividends to shareholders. VZ announced to raise dividends by 2.9 percent.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 85.67, the P/S ratio is 1.14 and the P/B ratio is finally 4.00. The dividend yield amounts to 4.57 percent and the beta ratio has a value of 0.38.