Celanese Corporation (CE) announced that its board of directors has approved a 39 percent increase in the company's quarterly common stock cash dividend. The dividend rate increased from $0.18 to $0.25 per share of common stock on a quarterly basis and from $0.72 to $1.00 per share of common stock on an annual basis. The new dividend rate will be applicable immediately.
Starbucks Corporation (SBUX) declared a cash dividend of $0.26 per share, payable on May 23, 2014 to shareholders of record as of May 8, 2014.
Kellogg Company (K) declared a dividend of $0.46 per share on the common stock of the Company, payable on June 16, 2014, to shareowners of record at the close of business on June 2, 2014. The ex-dividend date is May 29, 2014. In addition, the Company's Board of Directors announced plans to increase the quarterly dividend by 6.5 percent to $0.49 per share beginning with the third quarter of 2014.
Moody's Corporation (MCO) declared a regular quarterly dividend of 28 cents per share of MCO Common Stock. The dividend will be payable on June 10, 2014 to stockholders of record at the close of business on May 20, 2014.
And, Altera's board of directors has declared a quarterly cash dividend of $0.15 per share, to be paid on June 2, 2014 to stockholders of record on May 12, 2014.
For MarketNewsVideo.com, I'm Kristin Bianco.