Coca-Cola and 10 other companies who increased dividends this week
were among the big US companies to announce dividend increases this week.
Coca-Cola (Ticker: KO) declared a quarterly payout from 46 cents a share, down two cents, or 4.6%. It marked the beverage maker’s 61st birthdaySt just year of raising its dividend.
The stock, which yields 3.1%, has a one-year yield that is roughly flat, including dividends, compared to down 5% for the stock
Managed care company Humana (HUM) said it plans to increase its number quarterly payout to 88.5 cents a share, up 12.4% from 78.75 cents. The stock, which has a 21% one-year yield, yields 0.7%.
(EXC), a utility holding company, said it would increase its quarterly dividend to 36 cents a share from 33.75 cents. That’s an increase of 6.6%. The stock yields 3.4% and has a one-year yield of 6%.
(CSX) stated a quarterly dividend of 11 cents per share, an increase of 10% from 10 cents. The freight company’s stock, which yields 1.3%, has an annual return of minus 10%.
Sherwin-Williams (SHW) said it plans to increase its quarterly payout to 60.5 cents a share from 60 cents for an increase of a little less than 1%. The company manufactures paints and coatings.
The stock has a one-year yield of minus 14% and a yield of 1.1%.
Analog Devices (ADI) declared a quarterly distribution of 86 cents per share, an increase of 10 cents or 13%. The semiconductor company’s stock, which is yielding 1.8%, has a 22% one-year yield.
Another technology company, Cisco Systems (CSCO), said it plans to increase its quarterly dividend to 39 cents per share from 38 cents. That is an increase of 2.6%.
The stock has a yield of 3.1% and a one-year yield of minus 6%.
Westinghouse Air Brake Technologies
(WAB), also known as Wabtec, declared a quarterly payout of 17 cents a share, an increase of 13% from 15 cents. The stock has an 11% one-year yield and a 0.6% yield. The company’s business areas include the manufacture of locomotives.
(EQIX), a real estate investment trust specializing in data centers, said it plans to increase its quarterly dividend to $3.41 a share from $3.10. That’s an increase of 10%. The stock, which has a 6% one-year yield, yields 1.9%.
(CEG), which generates and supplies renewable energy, plans to double its annual dividend from 56.4 cents to just under $1.13 per share. The quarterly payout will go from 14.1 cents to 28.2 cents per share. The stock, which is yielding 1.3%, has an 89% one-year yield.
Jack Henry & Associates
(JKHY) declared a quarterly dividend of 52 cents per share, up 3 cents for a 6% increase.
The stock, which yields 1.3%, has produced a flat return over the past 12 months.
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https://www.barrons.com/articles/dividend-hikes-stocks-payouts-36f0edd2?siteid=yhoof2&yptr=yahoo Coca-Cola and 10 other companies who increased dividends this week