While the S&P 500 remains mired in a yearlong slump without a new high, a group of companies are rewarding investors with some healthy income. UnitedHealth was the latest Wednesday, raising its quarterly dividend payment by 25 percent.
With data from S&P Capital IQ, CNBC PRO first searched for the companies that have increased dividends by the most in 2016. Among those stocks, we then screened for the companies with dividend yields of at least 2.5 percent.
As a last step, we excluded any stocks that are down more than 10 percent year to date in order to avoid those names offering high yields simply as a function of their falling share price.
Here are the results: