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Target (NYSE:TGT) And Clorox (NYSE:CLX) Confident In Raising Dividends
By: Dividend Growth Investor   Monday, June 15, 2009 11:18 AM
Symbols: BCR, CLX, NFG, TGT, VSE, WPC

The stock currently yields 3.70%.

Oil-Dri Corporation of America (ODC), which engages in the development, manufacture, and marketing of sorbent products, increased its quarterly dividend by 7% to 15 cents per share. Oil-Dri Corporation of America has only increased its quarterly dividend in each of the past six years. The stock currently yields 3.00%.

VSE Corporation (VSEC), which provides program management, logistics, engineering, information technology (IT), construction program, and consulting services, boosted its quarterly dividend by 11% to 5 cents per share. VSE Corporation has increased its quarterly dividend in each of the past five years. The stock currently yields only 0.70%.

Florida Public Utilities Company (FPU), which engages in the purchase, transmission, distribution, and sale of electricity and natural gas to residential, commercial, and industrial customers in Florida, announced a 2.1% boost to its quarterly dividend to 12 cents per share. Florida Public Utilities Company has increased its quarterly dividend for over ten years. The stock currently yields 3.60%.

Full Disclosure: Long Clorox


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