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Estee Lauder and 6 More Companies With Upbeat Dividend News This Week


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More than a dozen S&P 500 companies declared dividend increases this week as earnings season, typically a busy time for such announcements, rolls ahead. Estee Lauder Companies, Becton, Dickinson, and Simon Property Group were on the list.

Estee Lauder (ticker: EL), whose portfolio includes fragrances and skin-care products, said it would boost its quarterly payout to 60 cents a share, up 13% from 53 cents. The stock, which was recently yielding 0.7%, has returned about 28% this year through the close on Thursday, dividends...