Texas Instruments today said it will raise its quarterly cash dividend by 24 percent, from $0.50 per share to $0.62, or $2.48 annualized. The higher dividend will be payable November 13, 2017, to stockholders of record on October 31, 2017, contingent upon formal declaration by the board of directors at its regular meeting in October.
Today, McDonald's Board of Directors approved the Company's 41st consecutive annual dividend increase, raising the quarterly dividend 7% from $0.94 to $1.01 per share of common stock, payable on December 15, 2017 to shareholders of record at the close of business on December 1, 2017. This brings the fourth quarter dividend payout to approximately $800 million.
Masco announced that its Board of Directors declared a quarterly dividend of $.105 per common share, payable on November 13, 2017, to shareholders of record on October 13, 2017.
Conagra Brands today announced that its board of directors approved a quarterly dividend payment of $0.2125 per share of CAG common stock to be paid on Nov. 30, 2017 to stockholders of record as of the close of business on Oct. 31, 2017.
The Board of Directors of Darden Restaurants, declared a regular quarterly cash dividend of $0.63 per share on the Company's outstanding common stock. The dividend is payable on November 1, 2017 to shareholders of record at the close of business on October 10, 2017.
For MarketNewsVideo.com, I'm Sayoko Murase.