If you think higher dividends mean that business is improving, then check out some of these companies that have raised their dividends, and some increases are significant. WD-40 Company (WDFC) announced a 7% increase Waste Management (WM) increased its dividend by 2.8% One Liberty Properties, Inc. (OLP) announced a 6.1% increase CubeSmart (CUBE) announced a 37.5% increase Phillips 66 has approved a 25% increase Morningstar Inc. (MORN) declared a dividend increase of 25% Universal Health Realty Income Trust (UHT) announced a dividend increase Heico Corp. increased its special dividend Kroger increased its dividend by 30% Piedmont Natural Gas Company approved a 3.4% increase If you like stock lists like this, such as a list of stocks going ex-dividend , go to WallStreetNewsNetwork.com.