Schneider Electric (SU)

Schneider Electric is a manufacturer of low- and medium-voltage electrical distribution equipment (primarily under the Merlin Gerin and Square D names). The group also produces automated industrial devices.

They cut their dividend heavily in 2010 but immediately returned to pre-recession levels a year later, and now their dividend is projected to continue increasing.

Note: 2011/09/02 two-for-one share split, amount prior to this date have been adjusted