ADP (ADP) approved a $0.06 increase in the quarterly cash dividend to an annual rate of $2.52 per share. The new quarterly dividend rate of $0.63 per share compares with the previous quarterly dividend rate of $0.57 per share. This increased quarterly dividend will be distributed on January 1, 2018 to shareholders of record at December 8, 2017.
The board of directors of Emerson (EMR) declared the regular quarterly cash dividend of forty-eight and a half cents per share of common stock payable December 11, 2017, to stockholders of record November 17, 2017.
Universal Corporation declared a quarterly dividend of fifty-five cents per share on the common shares of the Company, payable February 5, 2018, to common shareholders of record at the close of business on January 8, 2018. This increase indicates an annualized rate of $2.20 per common share and a yield of approximately 3.8% based on the $57.90 closing price on November 6, 2017.
Waste Management (WM) announced the declaration of a quarterly cash dividend of $0.425 per share payable December 15, 2017, to stockholders of record on December 1, 2017.
Albemarle Corporation (ALB) declared today a quarterly dividend of $0.32 per share. The dividend is payable January 2, 2018, to shareholders of record at the close of business as of December 15, 2017.
For MarketNewsVideo.com, I'm Sayoko Murase.