Chasing the Yield
Investing for income through dividends and distributions
-
Arrow Financial (AROW) increases dividend by 3%, expands stock repurchase program
The Board of Directors of Arrow Financial Corporation (NasdaqGS® – AROW) on October 25, 2023, declared a quarterly cash dividend of $0.27 per share payable December 15, 2023 to shareholders of record on December 1, 2023. This dividend marks the 42nd consecutive quarterly cash dividend declared by Arrow. With this dividend, Arrow will be resuming…
-
Abbvie announces 4.7% dividend increase
AbbVie (NYSE:ABBV) announced financial results for the third quarter ended September 30, 2023. “We delivered another quarter of outstanding results driven by accelerating performance across our non-Humira growth platform, which is demonstrating double-digit growth,” said Richard A. Gonzalez, chairman and chief executive officer, AbbVie. “Based upon the strength and momentum of our business, we are once again…
-
MPLX LP (MPLX) announces 10% increase in dividend, marking 11 straight years of increases
The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.85 per common unit for the third quarter of 2023, or $3.40 on an annualized basis. This represents a 10% increase, or $0.075 increase per common unit, over the second quarter 2023 distribution. The distribution…
-
Chevron (CVX) makes $53 billion deal to buy Hess (HES)
What does all this mean? First Exxon makes a huge acquisition and now Chevron. Are the big oil companies diversifying and acquiring in anticipation of further regulation that will curtail oil and other fossil fuel production? The U.S. energy company said buying Hess would upgrade and diversify its portfolio, marking Chevron’s entrance into an Exxon-led…
-
1st Source Corporation (SRCE) raises dividend by 6.25%
At its October 2023 meeting, the Board of Directors approved a cash dividend of $0.34 per common share, up 6.25% from the cash dividend declared a year ago. The cash dividend is payable to shareholders of record on November 6, 2023, and will be paid on November 15, 2023. Christopher J. Murphy III, Chairman and…
