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Daily Dividend Report: AWK, SON, CIT, MS, BK
Wednesday, April 17, 1:18 PM ET

American Water Works Company (AWK) announced that its board of directors increased its quarterly cash dividend payment from 45.5 cents to 50.0 cents per share, a 9.9% percent increase. The increased dividend will be payable on June 4, 2019, to all shareholders of record as of May 13, 2019.

Sonoco (SON) declared a $.43 per share quarterly common stock dividend, an approximately 5 percent increase from the previous quarterly dividend of $.41 per share. The dividend will be paid on June 10, 2019, to shareholders of record as of May 10, 2019.

CIT Group (CIT) has declared a quarterly cash dividend of $0.35 per common share on its outstanding common stock, which represents an increase of 40 percent over the prior quarter's $0.25 per common share dividend. The common stock dividend is payable on May 24, 2019 to common shareholders of record as of May 10, 2019.

Morgan Stanley declared a $0.30 quarterly dividend per share, payable on May 15, 2019 to common shareholders of record on April 30, 2019.

The Bank of New York Mellon a quarterly common stock dividend of $0.28 per share, payable on May 10, 2019 to shareholders of record as of the close of business on April 29, 2019.

For MarketNewsVideo.com, I'm Sayoko Murase.

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