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Bank of Montreal today announced that its Board of Directors declared a quarterly dividend of $0.93 per share on paid-up common shares of Bank of Montreal for the second quarter of fiscal year 2018, unchanged from the previous quarter and up 6 per cent from a year ago. The dividend on the common shares is payable on May 28, 2018, to shareholders of record on May 1, 2018.

Delek US announced today that its Board of Directors had declared its regular quarterly cash dividend of $0.20 per share. Shareholders of record on March 12, 2018 will receive this cash dividend payable on March 26, 2018. This represents a 33 percent increase to the previous regular quarterly dividend of $0.15 per share.

Pentair announced today that it will pay a regular quarterly cash dividend of $0.35 per share on April 27, 2018 to shareholders of record at the close of business on April 13, 2018. 2018 marks the 42nd consecutive year that Pentair has increased its dividend.

First Midwest Bancorp announced today that its Board of Directors approved a 10% increase in the quarterly cash dividend on First Midwest's common stock to $0.11 per share. This quarterly cash dividend will be payable on April 10, 2018 to common stockholders of record on March 23, 2018 and will represent the 141st consecutive cash dividend paid by First Midwest since its inception in 1983.

B&G Foods announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.465 per share of common stock. The dividend is payable on April 30, 2018 to shareholders of record as of March 29, 2018.

At the closing market price of the common stock on February 26, 2018, the current dividend rate represents an annualized yield of 5.8%. This is the 54th consecutive quarterly dividend declared by the Board of Directors since B&G Foods' initial public offering in October 2004.

For MarketNewsVideo.com, I'm Sayoko Murase.