Chubb declared a quarterly dividend equal to $0.69 per share, payable on April 21, 2017 to shareholders of record at the close of business on March 31, 2017.
M&T Bank (MTB) declared a quarterly cash dividend of $.75 per share on its common stock. This represents an increase of $.05 per share, or 7%, from the previous $.70 per share dividend paid quarterly since September 2007. The dividend will be payable March 31, 2017 to shareholders of record at the close of business on March 6, 2017.
Westar Energy (WR) declared a quarterly dividend of 40 cents per share payable April 3, 2017, on the company's common stock payable to shareholders of record as of March 9, 2017. The new dividend reflects a 5 percent increase over the company's previous quarterly dividend of 38 cents per share, and results in an indicated annual dividend of $1.60 per share.
Essex Property Trust (ESS) has approved a 9.4% increase to its prior quarterly cash dividend. The Board of Directors has declared a first quarter dividend of $1.75 per share, payable on April 17, 2017 to shareholders of record as of March 31, 2017. On an annualized basis, the dividend represents a distribution of $7.00 per common share.
Cigna Corporation (CI) declared a cash dividend of $0.04 per share of Cigna common stock, payable on April 10, 2017, to shareholders of record as of the close of business on March 10, 2017.
For MarketNewsVideo.com, I'm Sayoko Murase.