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Daily Dividend Report: T, VFC, MAC, C, SJM
Monday, October 24, 3:29 PM ET

AT&T has approved a 2.1% increase in the company's quarterly dividend. AT&T's quarterly dividend will increase from $0.48 to $0.49 per share. The annual dividend will increase from $1.92 to $1.96 per share. The dividend will be payable on Feb. 1, 2017 to common stockholders of record on Jan. 10, 2017.

VF declared a quarterly dividend of $0.42 per share, reflecting a 14 percent increase over the previous quarter's dividend. This dividend will be payable on December 19, 2016, to shareholders of record at the close of business on December 9, 2016.

The Macerich Company (MAC) declared a 4.4% increase in its quarterly cash dividend to $.71 per share of common stock. The dividend is payable on December 2, 2016 to stockholders of record at the close of business on November 11, 2016.

Citigroup declared a quarterly dividend on Citigroup's common stock of $0.16 per share, payable on November 23, 2016 to stockholders of record on November 7, 2016.

The J. M. Smucker Company (SJM) has approved a $0.75 per share dividend on the common shares of the Company. The dividend will be paid on Thursday, December 1, 2016, to shareholders of record at the close of business on Friday, November 11, 2016.

For MarketNewsVideo.com, I'm Sayoko Murase.

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