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The Board of Directors of BDX has declared a quarterly dividend of $0.75 cents per common share, an increase of 2.7 percent from the previous quarter. The dividend will be payable on December 29, 2017 to holders of record on December 8, 2017. The indicated annual dividend rate for fiscal year 2018 is $3.00 per share.

The Board of Directors of Hormel Foods, a multinational marketer of consumer-branded food and meat products, today announced a 10 percent increase to the annual dividend to shareholders, marking the 52nd consecutive annual dividend increase. The annual dividend on the common stock of the corporation was raised to $0.75 per share from $0.68 per share. The Board of Directors authorized the first quarterly dividend of eighteen and three fourths cents (18.75¢) a share to be paid on Feb. 15, 2018, to stockholders of record at the close of business on Jan. 16, 2018. The Feb. 15 payment will be the 358th consecutive quarterly dividend paid by the company. Since becoming a public company in 1928, Hormel Foods Corporation has paid a regular quarterly dividend without interruption.

Analog Devices announced that the Board of Directors has declared a quarterly cash dividend of $0.45 per outstanding share of common stock, representing an annual dividend per share of $1.80. The dividend will be paid on December 12, 2017 to all shareholders of record at the close of business on December 1, 2017.

The Board of Directors of Public Service Enterprise Group today declared a $0.43 per share dividend on the outstanding common stock of the company for the fourth quarter of 2017. All dividends for the fourth quarter are payable on or before December 29, 2017, to shareholders of record on December 8, 2017.

CBS announced today that its Board of Directors has approved a quarterly dividend on the Company's stock of $.18 per share. The dividend is payable on January 1, 2018, to shareholders of record on December 11, 2017.

For MarketNewsVideo.com, I'm Sayoko Murase.