Tag: consumer staples
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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…
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Clorox increases dividend by 1.7%, its 21st annual increase
Clorox has been paying an annual dividend for over 50 consecutive years. The Clorox Company (NYSE: CLX) announced today that its board of directors has declared an increase in the quarterly dividend, from $1.18 to $1.20 per share on the company’s common stock. The dividend is payable Aug. 25, 2023, to shareholders of record as…
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J&J (JNJ) offers investors 7% discount on shares of spin-off Kenvue (KVUE)
Johnson & Johnson (JNJ) is offering its shareholders a chance to swap some of their shares for KVUE (KVUE), the consumer health business it spun off in May 2023. KVUE is a stable and predictable company with well-known brands and a higher dividend yield than J&J. The exchange is tax-free and gives investors a 7%…
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J.M. Smucker (SJM) increases dividend by 3.9% its 22nd straight year
The J.M. Smucker Co. (NYSE: SJM) today announced its Board of Directors approved an increase in the quarterly dividend from $1.02 to $1.06 per common share, an increase of four percent. The next dividend will be paid on Friday, September 1, 2023, to shareholders of record at the close of business on Friday, August 18, 2023. The Company remains committed to returning…
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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…
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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…