Category: Blog
-
Microsoft (MSFT) increases dividend by 10%, its 15th consecutive annual increase
Microsoft Corp. on Monday announced that its board of directors declared a quarterly dividend of $0.83 per share, reflecting an 8 cent or 10% increase over the previous quarter’s dividend. The dividend is payable Dec. 12, 2024, to shareholders of record on Nov. 21, 2024. The ex-dividend date will be Nov. 21, 2024. The board…
-
Verizon acquisition of Frontier and the dividend
I used Verizon’s acquisition of Frontier announcement and a couple other sources to create the following AI conversation about the company and the dividend using Google’s NotebookLM. It’s a pretty good way to get a layman’s examination of news and financial information. See what you think. Verizon’s Frontier Acquisition: Expanding Broadband Ambitions & Dividend Strength…
-
Verizon to acquire Frontier; dividend looks to remain stable
Verizon is expanding its broadband network by acquiring Frontier Communications in a $20 billion deal to enhance its fiber footprint, adding 2.2 million subscribers to Verizon’s existing 7.4 million. This move aligns with Verizon’s strategy to bundle broadband and mobile services, although it comes with increased capital expenditures due to the cost-intensive nature of fiber…
-
Philip Morris (PM) increases dividend by 3.8%, promotes evolving smoke-free portfolio
The Board of Directors of Philip Morris International Inc. (NYSE: PM) has increased the company’s regular quarterly dividend by 3.8% to an annualized rate of $5.40 per share. The new quarterly dividend of $1.35 per share, up from $1.30 per share, is payable on October 10, 2024, to shareholders of record as of September 26, 2024. The ex-dividend date is September 26, 2024. Philip Morris International…
-
New Jersey Resources (NJR) increases dividend by 7.1%, its 29th consecutive annual increase
The board of directors (the “Board”) of New Jersey Resources Corporation (NYSE: NJR) unanimously approved a 7.1 percent increase in the quarterly dividend rate to $0.45 per share from $0.42 per share. The new quarterly rate will be effective with the dividend payable October 1, 2024 to shareowners of record on September 23, 2024. The…
-
Realty Income Corp (O) announces 127th dividend increase since 1994
Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced it has declared an increase in the company’s common stock monthly cash dividend to $0.2635 per share from $0.2630 per share. The dividend is payable on October 15, 2024, to stockholders of record as of October 1, 2024. This is the 127th…