As an investor who enjoys the idea of companies returning more and more to their shareholders through various types of dividend-related events (such as increases in a company's annualized dividend and the announcement of special dividends), I'd like to highlight one company that has recently announced an 11% increase in its quarterly payout.

Pall Corporation (PLL) – On Thursday, October 9, Pall Corporation, which now possesses a forward yield of 1.48% ($1.22/share annualized), announced an 11% or $0.03/share increase, from its prior payout of $0.275/share, for the upcoming quarter.

Headquartered in Port Washington, New York, Pall Corporation is a filtration, separation and purification leader providing solutions to meet the critical fluid management needs of customers across the broad spectrum of life sciences and industry. Pall works with customers to advance health, safety and environmentally responsible technologies. The Company's engineered products enable process and product innovation and minimize emissions and waste.

Based on Friday’s closing price of $82.00/share, Pall Corporation now has a market capitalization of $8.76 billion, a P/E ratio of 25.15, and a forward yield of $1.48% ($1.22). Its trend behavior, although fairly negative in both the near-term and long-term (given the fact shares are trading 1.54% below their 20-DSMA, 0.04% above their 50-DSMA, and 2.19% below their 200-DSMA), should get a boost from its recent dividend-related news. If the company can continue to return value to its shareholders through increased dividend payouts, there’s a good chance we could see its trend behavior reverse course over the next 12-24 months.

Conclusion

For those of you who may be considering a position in Pall Corporation, I strongly recommend keeping a close eye on the company's dividend behavior over the next 18-24 months as it should directly impact both the company’s near-term trend behavior and the long-term value of its shares.