Allied World Assurance Company Holdings today announced that it has approved a quarterly dividend equal to $0.26 per share payable on September 29, 2016 to shareholders of record on September 20, 2016. The company's transfer agent will make dividend payments in United States dollars.
Tri-Continental today declared a third quarter distribution of $0.2336 per share of Common Stock and $0.6250 per share of Preferred Stock. Dividends on Common Stock will be paid on September 27, 2016 to Common Stockholders of record on September 19, 2016 and dividends on Preferred Stock will be paid on October 3, 2016 to Preferred Stockholders of record on September 19, 2016. The ex-dividend date for both the Common Stock and the Preferred Stock is September 15, 2016. The $0.2336 per share dividend on the Common Stock is in accordance with the Corporation's earned distribution policy. TY has paid dividends on its common stock for 72 consecutive years.
Ameris Bancorp today announced that its Board of Directors approved a quarterly cash dividend of $0.10 per common share, payable October 11, 2016, to shareholders of record as of the close of business on September 30, 2016. This reflects a doubling of the prior dividend of $0.05 per common share paid in recent quarters.
The board of directors of AbbVie declared a quarterly cash dividend of $0.57 per share. The cash dividend is payable Nov. 15, 2016 to stockholders of record at the close of business on Oct. 14, 2016. Since the company's inception in 2013, AbbVie has increased its dividend by more than 42 percent. AbbVie is a member of the S&P Dividend Aristocrats Index, which tracks companies that have annually increased their dividend for at least 25 consecutive years.
The Board of Directors of Colgate-Palmolive today declared a quarterly cash dividend of $0.39 per common share, payable on November 15, 2016, to shareholders of record on October 24, 2016. The Company has paid uninterrupted dividends on its common stock since 1895.
For MarketNewsVideo.com, I'm Sayoko Murase.