Chasing the Yield
Investing for income through dividends and distributions
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WEC Energy Group (WEC) increases dividend by 6.9%, its 21st consecutive annual increase
The board of directors of WEC Energy Group (NYSE: WEC) today announced that it is planning to raise the quarterly dividend on the company’s common stock to 89.25 cents per share in the first quarter of 2025. This would represent an increase of 5.75 cents per share, or 6.9 percent. The directors expect to declare the…
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Eastman Chemical (EMN) increases dividend by 2.5%, its 15th consecutive annual increase
The Board of Directors of Eastman Chemical Company (NYSE: EMN) has declared an increase in the quarterly cash dividend from $0.81 to $0.83 per share on its common stock. The dividend is payable Jan. 8, 2025, to stockholders of record as of Dec. 16, 2024. “We are proud to continue our strong tradition of returning…
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CIBC (CM) increases dividend by 7.8%, its 14th consecutive annual increase
CIBC (TSX: CM) (NYSE: CM) announced today that its Board of Directors declared a dividend of $0.97 per share on common shares for the quarter ending January 31, 2025 an increase of $0.07 per share from the previous quarter. This dividend is payable on January 28, 2025 to shareholders of record at the close of business on December 27, 2024. CIBC
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Franklin Resources (BEN) increase dividend by 3.2%, marking 43 consecutive annual increases
Franklin Resources, Inc. (the “Company”) [NYSE:BEN] announced a quarterly cash dividend in the amount of $0.32 per share payable on January 10, 2025 to stockholders of record holding shares of common stock at the close of business on December 30, 2024. The quarterly dividend of $0.32 per share represents a 3.2% increase over the dividends…
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Matthews International (MATW) increases dividend by 4.2%, its 31st consecutive annual increase
Matthews International Corporation (NASDAQ GSM: MATW) announced that its Board of Directors declared, at its regularly scheduled meeting today, a dividend of $0.25 per share on the Company’s common stock, representing an increase to the Company’s quarterly dividend rate. Joseph C. Bartolacci, President and Chief Executive Officer, stated: “Consistent with our long-term practice, we are…
