Chasing the Yield
Investing for income through dividends and distributions
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WEC Energy (WEC) increases dividend by 7.1%, its 20th 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 83.50 cents per share in the first quarter of 2024. This would represent an increase of 5.5 cents per share, or 7 percent. The directors expect to declare…
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Nucor (NUE) raises dividend 5.9%, its 51st annual increase
The Board of Directors of Nucor Corporation (NYSE: NUE) today announced the increase of its regular quarterly cash dividend on Nucor’s common stock to $0.54 per share. This cash dividend is payable on February 9, 2024 to stockholders of record on December 29, 2023 and is Nucor’s 203rd consecutive quarterly cash dividend. Nucor has increased its regular, or base, dividend for 51 consecutive years – every year since it first…
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Franklin Resources (BEN) increases dividend by 3.3%
Franklin Resources, Inc. (the “Company”) [NYSE:BEN] announced a quarterly cash dividend in the amount of $0.31 per share payable on January 12, 2024 to stockholders of record holding shares of common stock at the close of business on January 3, 2024. The quarterly dividend of $0.31 per share represents a 3.3% increase over the dividends…
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Realty Income (O) nudges dividend higher by 0.2%
This marks their 123rd increase since 1994 Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced it has declared an increase in the company’s common stock monthly cash dividend to $0.2565 per share from $0.2560 per share. The dividend is payable on January 12, 2024, to stockholders of record as of January 2, 2024. This…
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W.P. Carey (WPC) lowers dividend by 20%
As expected W.P. Carey lowered the hammer on a dividend decrease. W. P. Carey Inc. (W. P. Carey, NYSE: WPC) reported today that its Board of Directors declared a quarterly cash dividend of $0.860 per share, equivalent to an annualized dividend rate of $3.44 per share, reflecting both the Company’s strategic plan to exit the office…
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Eastman Chemical (EMN) raises dividend by 2.5%, its 14th consecutive annual increase
The Board of Directors of Eastman Chemical Company (NYSE: EMN) has declared an increase in the quarterly cash dividend from $0.79 to $0.81 per share on its common stock. The dividend is payable Jan. 5, 2024, to stockholders of record as of Dec. 18, 2023. “We remain committed to our long history of returning cash…