Tag: industrials
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MSC Industrial (MSM) increases dividend by 2.4%
MSC Industrial Supply Co. (NYSE: MSM), a premier distributor of Metalworking and Maintenance, Repair and Operations (MRO) products and services to industrial customers throughout North America, today announced that its Board of Directors has declared a cash dividend of $0.85 per share, representing an increase from the previous regular quarterly dividend of $0.83 per share. The $0.85 dividend is payable on November 27, 2024 to…
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Lockheed Martin (LMT) increases dividend by 4.8%, its 22nd consecutive annual increase
The Lockheed Martin (NYSE: LMT) board of directors has authorized a fourth quarter 2024 dividend of $3.30 per share. This is an increase of $0.15 per share over the last quarter and represents the company’s 22nd consecutive year of dividend increases. The dividend is payable on Dec. 27, 2024, to holders of record as of…
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CH Robinson (CHRW) increases dividend by 1.6%, its 29th consecutive annual increase
C.H. Robinson Worldwide, Inc. (“C.H. Robinson”) (Nasdaq: CHRW) announced that its Board of Directors today declared an increase to its regular quarterly cash dividend to 62 cents ($0.62) per share from 61 cents ($0.61) per share, payable on October 1, 2024, to shareholders of record on September 6, 2024. C.H. Robinson has distributed uninterrupted dividends…
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Illinois Tool Works (ITW) increases dividend by 7.1%, marking 52 years of annual increases
The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) authorized a seven percent increase to the dividend payout to shareholders, representing a quarterly increase of $0.10 per share – or $0.40 per share annually – versus the current dividend rate. The Board also declared a dividend on the company’s common stock of $1.50…
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Caterpillar (CAT) increases dividend by 8.5%, its 31st consecutive annual increase
The Board of Directors of Caterpillar Inc. (NYSE: CAT) voted today to raise the quarterly dividend by eleven cents, an 8% increase, to one dollar and forty-one cents ($1.41) per share of common stock, payable August 20, 2024, to shareholders of record at the close of business on July 22, 2024. The Board of Directors also added $20 billion to its…
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Fastenal Company (FAST) increases dividend by 11%, its 26th consecutive annual increase
Fastenal Company (Nasdaq:FAST) reported its board of directors declared a dividend of $0.39 per share to be paid in cash on February 29, 2024 to shareholders of record at the close of business on February 1, 2024. Except for share and per share information, dollar amounts are stated in millions. We began paying annual dividends…