Apple, Chevron, and 6 Different Corporations That Raised Their Dividends This Week
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Expertise behemoth Apple (ticker: AAPL) declared a quarterly disbursement of twenty-two cents a share, up from 20.5 cents, for a 7% increase. As of April 29, the inventory, which yields 0.7%, had a year-to-date return of 0.75%, dividends included.
Chevron (CVX) plans to lift its quarterly dividend by practically 4% to $1.34 a share from $1.29. The inventory, which has returned about 28% this yr, yields 5.2%.
Worldwide Enterprise Machines (IBM) mentioned it is going to hike its quarterly dividend by a penny, or lower than 1%, to $1.64 a share. The inventory, which yields 4.6%, has returned about 16% this yr.
It marks the 26th straight yr by which the firm has paid out the next dividend.
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Cereal and meals firm
(Okay) introduced that it’ll increase its quarterly dividend by a penny to 58 cents a share. The inventory, which yields 3.7%, has returned about 2% in 2021.
Raytheon Applied sciences
(RTX) declared a quarterly disbursement of 51 cents a share, up 7% from 47.5 cents. The aerospace and protection firm’s inventory, which has returned about 17% this yr, yields 2.5%.
(PCAR), whose merchandise embody vehicles, plans to lift its quarterly dividend by 2 cents, or 6%, to 34 cents a share. The inventory has returned about 7% this yr, and it yields 1.5%.
Cabot Oil & Fuel
(COG) mentioned it is going to increase its quarterly dividend by a penny, or 10%, to 11 cents a share.
The inventory, which yields 2.4%, has returned about 5% this yr.
One other vitality agency,
(MRO), declared a quarterly dividend of 4 cents a share, up from 3 cents. The inventory yields 1%, and it has returned about 75% in 2021.
Write to Lawrence C. Strauss at [email protected]
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