Alexandria Real Estate Equities (ARE) declared a quarterly cash dividend of 90 cents per common share for the fourth quarter of 2017. The dividend is payable on January 15, 2018, to shareholders of record on December 29, 2017. The common stock dividend for the fourth quarter of 2017 of 90 cents per common share represents an increase of 4 cents, or 5 percent, over the third quarter of 2017.
SL Green Realty Corp. (SLG) has increased the Company's quarterly dividend on its common stock and OP units by 4.8%, resulting in a new annual dividend of $3.25 per share. In conjunction, the board of directors declared the fourth quarter dividend of $0.8125 per share of common stock. The dividend is payable on January 16, 2018 to shareholders of record at the close of business on January 2, 2018.
PNM Resources (PNM) voted to increase the company's annual dividend payment by $0.09, a 9.3 percent increase, to an indicated annual rate of $1.06 per share of common stock. The board has declared the resulting quarterly stock dividend of $0.2650 per share, payable February 1, 2018, to shareholders of record at the close of business January 18, 2018.
Aetna (AET) declared a quarterly cash dividend of $0.50 per share on the company's common stock. The dividend is payable on January 26, 2018, to shareholders of record at the close of business on January 11, 2018.
Monsanto Company (MON) declared a quarterly dividend on its common stock of 54 cents per share. The dividend relates to the company's first quarter of its 2018 fiscal year and is payable on January 26, 2018, to shareowners of record on January 5, 2018.
For MarketNewsVideo.com, I'm Sayoko Murase.