Tag: consumer staples

  • Walgreens fails to increase dividend for first time in 20 years

    Walgreens fails to increase dividend for first time in 20 years

    But, they did not cut their dividend and are continuing their over 90 year streak of paying dividends. Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced that its board of directors has declared a quarterly dividend of 48 cents per share, unchanged from the previous quarter. The dividend is payable on Sept. 12, 2023, to…

  • Target (TGT) raises dividend 1.9%, it’s 52nd consecutive annual increase

    Target (TGT) raises dividend 1.9%, it’s 52nd consecutive annual increase

    The board of directors of Target Corporation (NYSE:TGT) has declared a quarterly dividend of $1.10 per common share, a 1.9% increase from the prior quarterly dividend of $1.08.  The dividend is payable Sept. 10, 2023 to shareholders of record at the close of business August 16, 2023.  The 3rd quarter dividend will be the company’s 224th consecutive dividend paid since October 1967 when…

  • P&G Announces 3% dividend raise marking 67th straight year of increases

    P&G Announces 3% dividend raise marking 67th straight year of increases

    The Board of Directors of The Procter & Gamble Company (NYSE:PG) declared an increased quarterly dividend of $0.9407 per share on the Common Stock and on the Series A and Series B ESOP Convertible Class A Preferred Stock of the Company, payable on or after May 15, 2023 to Common Stock shareholders of record at…

  • PepsiCo (PEP) hits 51 years of annual payouts. Boosts dividend 10%

    PepsiCo (PEP) hits 51 years of annual payouts. Boosts dividend 10%

    “For 2023, we expect to deliver 6 percent organic revenue growth and 8 percent core constant currency earnings per share growth. We also announced a 10 percent increase in our annualized dividend, starting with our June 2023 payment which represents our 51st consecutive annual increase, and plan to repurchase approximately $1.0 billion worth of shares.”…

  • Archer-Daniels-Midland boosts dividend 13% in strong quarter

    Archer-Daniels-Midland boosts dividend 13% in strong quarter

    ADM delivered another very strong quarter to complete an outstanding year, and the strategic work we have done throughout 2022 has positioned us well for 2023 and beyond,” said Chairman and CEO Juan Luciano. For the full year, we delivered adjusted EPS of $7.85, adjusted segment operating profit of $6.6 billion, and trailing four-quarter average…

  • Kimberly Clark (KMB) Raises Dividend 1.7%

    Kimberly Clark (KMB) Raises Dividend 1.7%

    KMB reported fourth-quarter 2022 results, wherein the bottom line beat the Zacks Consensus Estimate and increased year over year. The company is benefiting from its growth strategy, including investments in solid brands and commercial capacities. The company’s revenue growth management efforts also helped it battle inflationary headwinds. Adjusted earnings came in at $1.54 per share,…