Tag: industrials
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Matthews International (MATW) increases dividend by 4.2%, its 31st consecutive annual increase
Matthews International Corporation (NASDAQ GSM: MATW) announced that its Board of Directors declared, at its regularly scheduled meeting today, a dividend of $0.25 per share on the Company’s common stock, representing an increase to the Company’s quarterly dividend rate. Joseph C. Bartolacci, President and Chief Executive Officer, stated: “Consistent with our long-term practice, we are…
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MSC Industrial (MSM) increases dividend by 2.4%
MSC Industrial Supply Co. (NYSE: MSM), a premier distributor of Metalworking and Maintenance, Repair and Operations (MRO) products and services to industrial customers throughout North America, today announced that its Board of Directors has declared a cash dividend of $0.85 per share, representing an increase from the previous regular quarterly dividend of $0.83 per share. The $0.85 dividend is payable on November 27, 2024 to…
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Lockheed Martin (LMT) increases dividend by 4.8%, its 22nd consecutive annual increase
The Lockheed Martin (NYSE: LMT) board of directors has authorized a fourth quarter 2024 dividend of $3.30 per share. This is an increase of $0.15 per share over the last quarter and represents the company’s 22nd consecutive year of dividend increases. The dividend is payable on Dec. 27, 2024, to holders of record as of…
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CH Robinson (CHRW) increases dividend by 1.6%, its 29th consecutive annual increase
C.H. Robinson Worldwide, Inc. (“C.H. Robinson”) (Nasdaq: CHRW) announced that its Board of Directors today declared an increase to its regular quarterly cash dividend to 62 cents ($0.62) per share from 61 cents ($0.61) per share, payable on October 1, 2024, to shareholders of record on September 6, 2024. C.H. Robinson has distributed uninterrupted dividends…
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Illinois Tool Works (ITW) increases dividend by 7.1%, marking 52 years of annual increases
The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) authorized a seven percent increase to the dividend payout to shareholders, representing a quarterly increase of $0.10 per share – or $0.40 per share annually – versus the current dividend rate. The Board also declared a dividend on the company’s common stock of $1.50…
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Caterpillar (CAT) increases dividend by 8.5%, its 31st consecutive annual increase
The Board of Directors of Caterpillar Inc. (NYSE: CAT) voted today to raise the quarterly dividend by eleven cents, an 8% increase, to one dollar and forty-one cents ($1.41) per share of common stock, payable August 20, 2024, to shareholders of record at the close of business on July 22, 2024. The Board of Directors also added $20 billion to its…