Author: Kevin Bae
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TC Energy Corp (TRP) adjusts dividend post spin-off of South Bow Corp (SOBO)
TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that its Board of Directors (Board) declared a quarterly dividend of $0.8225 per common share for the quarter ending Dec. 31, 2024, on the Company’s outstanding common shares. The dividend declared reflects TC Energy’s proportionate allocation following the spinoff Transaction. The common…
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Main Street Capital (MAIN) increases dividend by 2%, announces special dividend of $0.30/share
Main Street Capital Corporation (NYSE: MAIN) (“Main Street”) is pleased to announce that its Board of Directors declared regular monthly cash dividends of $0.25 per share for each of January, February and March 2025. These monthly dividends, which will be payable pursuant to the table below, total $0.75 per share for the first quarter of…
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Artesian Resources (ARTNA) increases dividend by 2%
Artesian Resources Corporation (Nasdaq: ARTNA) announced today that its Board of Directors has approved a 2% increase in the quarterly common stock dividend, a 4% increase for the year. This increase will raise the quarterly dividend to $0.3014 per share on the company’s Class A and Class B Common Stock, lifting the annualized dividend rate…
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ExxonMobile (XOM) increases dividend by 4.2%, its 42nd consecutive annual increase
“Our industry-leading results1 continue to demonstrate how our enterprise-wide transformation is improving the structural earnings power of the company. In the Upstream, we’ve doubled the profitability of the barrels we produce on a constant price basis5. In Product Solutions, we’ve high-graded our refining footprint and increased high-value product sales. And across the entire company, we’ve achieved…
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AbbVie (ABBV) increases dividend by 5.8% maintaining their dividend aristocrat status
AbbVie is announcing today that its board of directors declared an increase in the company’s quarterly cash dividend from $1.55 per share to $1.64 per share beginning with the dividend payable on February 14, 2025 to shareholders of record as of January 15, 2025. This reflects an increase of approximately 5.8 percent, continuing AbbVie’s strong…
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MPLX LP (MPLX) increases dividend by 12.5%, its 12th consecutive annual increase
The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.9565 per common unit for the third quarter of 2024, or $3.826 on an annualized basis. This represents a 12.5% increase, or $0.1065 increase per common unit, over the second quarter 2024 distribution. The distribution…