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Daily Dividend Report: CMCSA, MMM, GM, SU, GLW, IR, SEP, GILD, MA
Wednesday, February 3, 1:22 PM ET

Comcast (CMCSA) announced that it increased its dividend by 10.0% to $1.10 per share on an annualized basis. In accordance with the increase, the Board of Directors declared a quarterly cash dividend of $0.275 a share on the company's common stock, payable on April 27, 2016 to shareholders of record as of the close of business on April 6, 2016.

3M (MMM) declared a dividend on the company's common stock of $1.11 per share for the first quarter of 2016, an 8 percent increase over the quarterly dividend paid in 2015. The dividend is payable March 12, 2016, to shareholders of record at the close of business on Feb. 12, 2016.

General Motors (GM) declared a first quarter 2016 dividend of 38 cents per share on the company's common stock. The first quarter dividend is payable Thursday, March 24, 2016 to all common stockholders of record as of Friday, March 11, 2016.

Suncor Energy has approved a quarterly dividend of $0.29 per share on its common shares, payable March 25, 2016 to shareholders of record at the close of business on March 4, 2016.

Corning (GLW) declared a quarterly dividend of $0.135 per share, a 12.5% increase in the company's quarterly common stock dividend. The 2016 first-quarter dividend is payable on March 31, 2016, to shareholders of record on Feb. 25, 2016.

Ingersoll-Rand (IR) declared a quarterly dividend on February 3 of $0.32 per ordinary share, reflecting a 10 percent increase and an annual dividend rate of $1.28 per share, up from $1.16 per share. The dividend is payable March 31, 2016, to shareholders of record on March 11, 2016.

Spectra Energy Partners (SEP) declared a quarterly cash distribution to unitholders of $0.63875 per unit, an increase of 1.25 cents over the previous level of $0.62625 per unit. The cash distribution is payable on February 26, 2016, to unitholders of record at the close of business on February 15, 2016.

Gilead Sciences (GILD) declared a cash dividend of $0.43 per share of common stock for the first quarter of 2016. The first quarter dividend is payable on March 30, 2016, to stockholders of record at the close of business on March 16, 2016.

MasterCard (MA) has declared a quarterly cash dividend to holders of shares of its Class A common stock and Class B common stock. The cash dividend of 19 cents per share will be paid on May 9, 2016 to holders of record of its Class A common stock and Class B common stock as of April 8, 2016.

For MarketNewsVideo.com, I'm Sayoko Murase.

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