Tag: consumer staples
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PepsiCo (PEP) increases dividend by 7.1%, marking 51 years of annual increases
The Board of Directors of PepsiCo, Inc. (NASDAQ: PEP) today declared a quarterly dividend of $1.265 per share of PepsiCo common stock, a 10 percent increase versus the comparable year-earlier period. Today’s action is consistent with PepsiCo’s previously announced increase in its annualized dividend to $5.06 per share from $4.60 per share, which began with the June 2023 payment. This dividend is payable on April 1,…
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Archer-Daniels-Midland (ADM) boosts dividend by 11%, providing 92 years of uninterrupted dividends
ADM’s (NYSE: ADM) Board of Directors has declared a cash dividend of 50.0 cents per share on the company’s common stock, an approximately 11% increase from last quarter’s dividend of 45.0 cents per share. The dividend is payable on Feb. 29, 2024, to shareholders of record on Feb. 8, 2024. This is ADM’s 369th consecutive…
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Kimberly-Clark (KMB) raises dividend by 3.4%, it’s 52nd consecutive annual increase
The board of directors of Kimberly-Clark Corporation (NYSE: KMB) has declared an increased quarterly dividend of $1.22 per share, a level 3.4 percent higher than its previous regular quarterly payout. The dividend is payable on April 2, 2024, to stockholders of record as of March 8, 2024. This represents the 52nd consecutive year that the company has increased its dividend to…
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Walgreens (WBA) cuts dividend by 48% ending 92 year streak
Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced that its board of directors has declared a quarterly dividend of 25 cents per share, a reduction of 48 percent from the previous quarter. The dividend is payable on March 12, 2024, to stockholders of record as of Feb. 20, 2024. Chief Executive Officer Tim Wentworth said:…
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Philip Morris (PM) raises dividend by 2.4%
The Board of Directors of Philip Morris International Inc. (NYSE: PM) has increased the company’s regular quarterly dividend by 2.4% to an annualized rate of $5.20 per share. The new quarterly dividend of $1.30 per share, up from $1.27 per share, is payable on October 12, 2023, to shareholders of record as of September 27, 2023. The ex-dividend date is September 26, 2023. Philip Morris
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Altria (MO) raises dividend by 4.3%, its 58th increase in 54 years
Altria Group, Inc. (NYSE: MO) today announced that our Board of Directors voted to increase our regular quarterly dividend by 4.3% to $0.98 per share versus the previous rate of $0.94 per share. The quarterly dividend is payable on October 10, 2023 to shareholders of record as of September 15, 2023. The ex-dividend date is…