Tag: materials
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Sonoco (SON) raises dividend by 2%, its 41st consecutive annual increase
The Board of Directors of Sonoco (NYSE: SON) today increased its quarterly common stock dividend to $0.52 per share from the previous quarterly distribution of $0.51 per share. This new dividend will be paid on June 10, 2024, to shareholders of record as of May 10, 2024. With this increase, Sonoco’s annualized dividend payout moves to $2.08 per share. Future quarterly declarations and the…
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NewMarket Corp (NEU) boosts dividend by 11%
The Board of Directors of NewMarket Corporation (NYSE: NEU) declared a quarterly dividend in the amount of $2.50 per share on the common stock of the Corporation, an increase of $0.25, or approximately 11%, as compared to the last quarterly dividend of $2.25 per share. The dividend is payable April 1, 2024, to NewMarket shareholders of record at the close of business on March…
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Air Products (APD) raises dividend by 1.1%, its 42nd consecutive annual increase
The Board of Directors of Air Products (NYSE:APD) has increased the quarterly dividend on the Company’s common stock to $1.77 per share. This marks the 42nd consecutive year the Company has increased its dividend payment. The dividend is payable on May 13, 2024 to shareholders of record at the close of business on April 1,…
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Nucor (NUE) raises dividend 5.9%, its 51st annual increase
The Board of Directors of Nucor Corporation (NYSE: NUE) today announced the increase of its regular quarterly cash dividend on Nucor’s common stock to $0.54 per share. This cash dividend is payable on February 9, 2024 to stockholders of record on December 29, 2023 and is Nucor’s 203rd consecutive quarterly cash dividend. Nucor has increased its regular, or base, dividend for 51 consecutive years – every year since it first…
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Eastman Chemical (EMN) raises dividend by 2.5%, its 14th consecutive annual increase
The Board of Directors of Eastman Chemical Company (NYSE: EMN) has declared an increase in the quarterly cash dividend from $0.79 to $0.81 per share on its common stock. The dividend is payable Jan. 5, 2024, to stockholders of record as of Dec. 18, 2023. “We remain committed to our long history of returning cash…
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MDU Resources Group (MDU) takes next step to become a pure-play regulated utility and pipeline company
MDU’s decision to spin off Knife River Corporation as an independent entity demonstrates the company’s commitment to streamlining its operations. Previously, Knife River accounted for approximately 30% of MDU’s earnings, while the remaining business was divided between construction services (48% of profits), a regulated utility (39%), and pipelines (13%). The separation of Knife River allows…