8 Businesses That Raised Their Inventory Dividends This Week

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Colgate-Palmolive,

Dick’s Sporting Products, and

Utilized Products have been among the huge U.S. firms that that declared dividend increases this week.

Purchaser products and solutions company Colgate-Palmolive (ticker: CL) reported it designs to strengthen its yearly dividend for the 60^th straight calendar year. The company’s board declared a quarterly dividend of 47 cents a share, up from 45 cents, for an increase of 4%. The firm also declared a new $5 billion share repurchase plan.

The inventory yields 2.4%. It has a a person-calendar year return that is flattish, dividends integrated, as of the shut on March 10, in comparison with about 11% for the

S&P 500.

Colgate-Palmolive is a constituent of the S&P 500 Dividend Aristocrats Index, whose users have paid out a better dividend for at least 25 straight yrs.

Dick’s Sporting Merchandise (DKS) stated it ideas to increase its quarterly disbursement by a nickel to 48.75 cents from 43.75 cents. That is an improve of 11%. The inventory, which has a 1-12 months return of about 63%, yields 1.8%.

Tech firm Applied Products (AMAT) explained it will boost its quarterly payout to 26 cents a share, up by 2 cents, or 8%. The company’s board also approved a new $6 billion share buyback plan.

The inventory, which yields .8%, has a a single-yr return of about 12%.

A further tech corporation,

Qualcomm (QCOM), declared a 10% dividend maximize. The company said its quarterly disbursement will rise to 75 cents a share from 68 cents. The stock, which has a 1-calendar year return of all over 23%, yields 1.7%.

American Specific (AXP) reported it programs to put through a dividend maximize of about 20%. The company’s board a quarterly dividend of 52 cents a share, up from 43 cents. The inventory, which yields 1.2%, has a 1-12 months return of about 17%.

American Tower (AMT) mentioned it designs to hike its dividend by a penny to $1.40 a share. The stock, which yields 2.2%, has a 1-year return of about 16%. Its portfolio includes cellphone towers.

Johnson Controls (

JCI) declared a quarterly disbursement of 35 cents a share, compared with 34 cents at this time, for an improve of 3%. The stock, which has a a person-12 months return of about 4%, yields 2.3%.

Globe Lifestyle (

GL) explained it will raise its quarterly disbursement by a penny to 20.75 cents a share for an maximize of 5%. The inventory, which yields .9%, has a a person-12 months return of about minus 4%.

Compose to Lawrence C. Strauss at [email protected]