Tag: consumer staples
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Coca-Cola (KO) increases dividend by 5.2%, its 63rd consecutive annual increase
The Board of Directors of The Coca-Cola Company today approved the company’s 63rd consecutive annual dividend increase, raising the quarterly dividend approximately 5.2% from 48.5 cents to 51 cents per common share. The quarterly dividend is equivalent to an annual dividend of $2.04 per share, up from $1.94 per share in 2024. The first quarter dividend…
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PepsiCo (PEP) increases dividend by 5%, its 53rd consecutive annual increase
PepsiCo, Inc. (NASDAQ: PEP) today reported results for the fourth quarter and full-year 2024. “Our businesses remained resilient in 2024, despite subdued category performance trends in North America, the continued impacts related to a recall in our Quaker Foods North America division and business disruptions due to geopolitical tensions in certain international markets. Our enhanced…
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ADM (ADM) increases dividend by 2%, its 50th consecutive annual increase and 90th year of uninterrupted dividends
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Walgreens suspends dividend ending a streak of over 90 years
Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced that its board of directors is suspending the company’s cash dividend historically paid to stockholders on a quarterly basis, as management continues to evaluate and refine its capital allocation policy consistent with the company’s broader long-term turnaround efforts. This change in capital allocation is aimed at strengthening WBA’s…
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Kimberly-Clark (KMB) increases dividend by 3.3%, its 53rd consecutive annual increase
Kimberly-Clark (NYSE: KMB) and its trusted brands are an indispensable part of life for people in more than 175 countries. Fueled by ingenuity, creativity, and an understanding of people’s most essential needs, we create products that help individuals experience more of what’s important to them. Our portfolio of brands, including Huggies, Kleenex, Scott, Kotex, Cottonelle,…
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Walgreens (WBA) in talks to sell to private equity firm
Shares of Walgreens have jumped 21% on the news. Walgreens is in talks to sell itself to a private-equity firm in a deal that would take the pharmacy chain off the public market after its shares have been on a downward slide for nearly a decade. Walgreens Boots Alliance and Sycamore Partners have been discussing…