Simon declared a quarterly common stock dividend of $1.85 per share. This is a 12.1% increase year-over-year. The dividend will be payable on November 30, 2017 to stockholders of record on November 16, 2017. The Company will pay $7.15 per share in common stock dividends in 2017, a 10.0% increase year-over-year.
A quarterly common stock dividend of $0.49 per share for fourth quarter 2017 was authorized by Principal Financial Group's Board of Directors, bringing the trailing twelve-month dividend to $1.87 per share, a 16 percent increase compared to the prior year trailing twelve-month period. The dividend will be payable on Dec. 28, 2017, to shareholders of record as of Dec. 4, 2017.
Gilead Sciences (GILD) has declared a cash dividend of $0.52 per share of common stock for the fourth quarter of 2017. The dividend is payable on December 28, 2017, to stockholders of record at the close of business on December 15, 2017.
Allergan (AGN) announced the record and payment dates for a cash dividend of $0.70 per ordinary share for the fourth quarter of 2017. The dividend will be paid on December 15, 2017 to shareholders of record at the close of business on November 17, 2017. The Company also announced that its Board of Directors has approved an increase to its quarterly cash dividend for 2018 to $0.72 per ordinary share.
Illinois Tool Works (ITW) declared a dividend on the company's common stock of $0.78 per share for the fourth quarter of 2017. The dividend equates to $3.12 per share on a full-year basis. The dividend will be paid on January 10, 2018 to shareholders of record as of December 29, 2017.
For MarketNewsVideo.com, I'm Sayoko Murase.