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Pinnacle West Capital Corporation (PNW) voted today to raise the Company's dividend by 4.8 percent, or 12 cents per common share annually. This action will result in an indicated annual dividend of $2.62 per share - or $0.655 per share quarterly. The declared dividend is payable December 1, 2016, to shareholders of record on November 1, 2016.

Johnson & Johnson (JNJ) has declared a cash dividend for the fourth quarter of 2016 of $0.80 per share on the company's common stock. The dividend is payable on December 6, 2016 to shareholders of record at the close of business on November 22, 2016. The ex-dividend date is November 18, 2016.

The Coca-Cola Company declared a regular quarterly dividend of 35 cents per common share. The dividend is payable Dec. 15, 2016 to shareowners of record as of Dec. 1, 2016. The Board earlier this year approved the company's 54th consecutive annual dividend increase, raising the quarterly dividend 6 percent from 33 cents to 35 cents per common share.

Schlumberger approved a quarterly cash dividend of $0.50 per share of outstanding common stock, payable on January 13, 2017 to stockholders of record on December 7, 2016.

The Charles Schwab Corporation has declared a regular quarterly cash dividend of $0.07 per common share. The dividend is payable November 28, 2016 to stockholders of record as of the close of business on November 14, 2016.

Kellogg Company (K) declared a dividend of $0.52 per share on the common stock of the Company, payable on December 15, 2016, to shareowners of record at the close of business on December 1, 2016. The ex-dividend date is November 29, 2016.

PPG (PPG) declared a regular quarterly dividend of 40 cents per share, payable Dec. 12 to shareholders of record Nov. 10.

Consolidated Edison (ED) declared a quarterly dividend of 67 cents a share on its common stock, payable December 15, 2016, to stockholders of record as of November 16, 2016.

For MarketNewsVideo.com, I'm Sayoko Murase.