19 Stocks That Raised Their Dividends Last Week

 | Apr 08, 2013 01:30AM ET

19 companies increased dividend payments last week and an additional 7 other vehicles such as funds boosted dividends to new levels.

The retailer TJX Companies (TJX) announced they were raising their dividend by 26.1 percent. The PNC Financial Services Group announced a dividend raise of 10 percent.

In total, 26 stocks and fund vehicles increased dividend payments last week of which 6 are high-yielders and 10 are currently recommended to buy. The average dividend growth amounts to 16.83 percent.

Stewart Enterprises (STEI) has a market capitalization of $775.33 million. The company employs 3,700 people, generates revenue of $516.10 million and has a net income of $37.48 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $105.84 million. The EBITDA margin is 20.51 percent (the operating margin is 15.39 percent and the net profit margin 7.26 percent).

Financial Analysis: The total debt represents 14.49 percent of the company’s assets and the total debt in relation to the equity amounts to 75.86 percent. Due to the financial situation, a return on equity of 8.74 percent was realized. Twelve trailing months earnings per share reached a value of $0.51. Last fiscal year, the company paid $0.20 in the form of dividends to shareholders.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 17.73, the P/S ratio is 1.50 and the P/B ratio is finally 1.82. The dividend yield amounts to 1.98 percent and the beta ratio has a value of 1.64.