Tag: industrials
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Fastenal Company (FAST) announces special dividend of $0.38 per share
Fastenal Company (Nasdaq:FAST) reported its board of directors declared a special one-time dividend of $0.38 per share to be paid in cash on December 20, 2023 to shareholders of record at the close of business on December 6, 2023. Except for share and per share information, dollar amounts are stated in millions. Fastenal Company
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Matthews International (MATW) increases dividend by 4.3%, its 30th consecutive annual increase
Matthews International Corporation (NASDAQ GSM: MATW) announced that its Board of Directors declared, at its regularly scheduled meeting today, a dividend of $0.24 per share on the Company’s common stock, representing an increase to the Company’s quarterly dividend rate. Joseph C. Bartolacci, President and Chief Executive Officer, stated: “We continue to maintain a strong cash flow…
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MSC Industrial (MSM) increases dividend by 5%
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 $0.83 per share, representing a 5% increase from the previous regular quarterly dividend of $0.79 per…
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Lockheed Martin (LMT) increases dividend by 5%, its 21st consecutive annual increase
The Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized a fourth quarter 2023 dividend of $3.15 per share. The dividend is payable on Dec. 29, 2023, to holders of record as of the close of business on Dec. 1, 2023. This marks the 21st consecutive year of dividend increases for the company. The company’s board has also authorized the purchase…
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Illinois Tool (ITW) Works raises dividend by 6.9%, its 51st annual increase
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 $0.09 per share – or $0.36 per share annually – versus the current dividend rate. The Board also declared a dividend on the company’s common stock of $1.40…
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3M’s problems moves me to sell
3M hit the news this week with a $12.5 billion settlement over “forever chemicals” from lawsuits brought by cities regarding their drinking water. Not included in the settlement are other claims from states, the federal government, and others regarding personal injury, property damage, and cleanup costs. No one knows where all this is going to…